I would like to hear from some of the owners of the older C&C boats to find out the original invoice prices of their boats. I think that it will be very interesting for us to go back in time and compare the original prices to today's current value to see the actual depreciation over a long period of time.
I just received my third survey on Alchemist, a 1986 C&C 29 Mk 2. 14 years ago it was valued at $40,000.00, 6 years ago $24,000.00 and today $18,000.00. The interesting thing is that I put in about $15,000.00 over the last few years in new sails, feathering propeller, instruments, rebuilt engine and transmission, and other incidentals. My cost per sail is actually quite reasonable. If I take into consideration my annual club costs, repairs & maintenance, insurance, replacement of racing sails, fuel, depreciation, etc. divided by the number of sails a year (about 65 times) my costs are about $100.00 per sail. There are many boats on the lake that only leave the dock a few times a year with costs that are similar to mine so their cost per sail is significantly higher. Ron Ander E.Y.C. Toronto
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