I'd kind of disagree...
Technically, boat didn't depreciate very much. It inflation that's taking down
the value of today's dollars.
Depreciation is the reduction in $ value over time, and from a tax writeoff
perspective, a $20,000 asset owned by a business would be written off over a
specified period of time, presumably to the point it would be worth $0.
Its just that $20,000 won't buy you a new sailboat any longer!
Bruce Whitmore
(847) 404-5092 (mobile)
bwhitm...@sbcglobal.net
From: Randy Stafford via CnC-List <cnc-list@cnc-list.com>
To: cnc-list <cnc-list@cnc-list.com>
Cc: Randy Stafford <randal.staff...@icloud.com>; Patrick Davin
<jda...@gmail.com>
Sent: Thursday, February 15, 2018 6:08 PM
Subject: Re: Stus-List Landfall 38 original list price
According to C&C brochures that came with Grenadine, the C&C 30 MK I base price
as at September 13, 1976 was $27,200. As at September 1, 1977 it had increased
to $30,450.
I don’t have information on how much her first owner paid for her in 1972. I’d
guess ~$20,000 if the base price tracked with inflation. That’s ~$120,000 in
today’s dollars. And I bought the boat (and its trailer) for $16,500 two years
ago. Poor thing obviously depreciated a lot.
Cheers,Randy StaffordS/V GrenadineC&C 30-1 #7Ken Caryl, CO
On Feb 15, 2018, at 3:14 PM, Patrick Davin via CnC-List <cnc-list@cnc-list.com>
wrote:
Wow. That's $123,000 in today's dollars. (20k in 1971 = 123k today). Important
to compare real values, not nominal values - inflation over 47 years is very
significant! Still not bad, a 35' production boat today goes a bit more than
that I think.
Would be interesting if anyone has a 1980's number. The 70's after about '73
had massive inflation -
https://www.investopedia.com/articles/economics/09/1970s-great-inflation.asp
Dennis I suspect the note to not install genoa winches is because the owner
wanted a particular placement of them (the line after that says "put in the
boat loose w/ fastenings").
-Patrick'84 LF38
On Thu, Feb 15, 2018 at 1:59 PM, <cnc-list-requ...@cnc-list.com> wrote:
---------- Forwarded message ----------
From: "Dennis C." <capt...@gmail.com>
To: CnClist <cnc-list@cnc-list.com>
Cc:
Bcc:
Date: Thu, 15 Feb 2018 14:23:01 -0600
Subject: Re: Stus-List Landfall 38 original list price
Paul,
Doesn't answer your post but below is a link to Touche's original 1971 order
from the yacht broker to Hinterhoeller. Shows a base price of $18,760 with
$872 worth of options. A Landfall 10 years later would have been a wee bit
more.
Interesting note on Page 2, Item 81. "DO NOT install genoa sheet winches or
cleats." Never have figured that one out.
https://drive.google.com/open? id= 1y6lBr8452ciJtkdrVQ2OLIKTbJAuF gb5
Dennis C.Touche' 35-1 #83Mandeville, LA
On Thu, Feb 15, 2018 at 11:15 AM, Dreuge via CnC-List <cnc-list@cnc-list.com>
wrote:
Hi,
I was asked a question about the Landfall 38 original list price, and I
realized I had no clue. Does anyone know what they were original going for in
1981 or thereabouts?
-
Paul E.1981 C&C 38 Landfall
S/V Johanna Rose
Fort Walton Beach, FL
http://svjohannarose.blogspot. com/
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