I have two kids in expensive colleges and two more on deck. There’s no way I
could have afforded our boat if it had retained anything near its original
value over a 40-year period.
Besides, if all had new boats, we wouldn’t need this list.
From: Randy Stafford via CnC-List
Sent: Thursday, February 15, 2018 11:50 PM
To: cnc-list@cnc-list.com
Cc: Randy Stafford
Subject: Re: Stus-List Landfall 38 original list price
Well, I paid about 20% fewer dollars in 2016, for both boat and trailer, than
the first purchaser paid in 1972 for the boat alone - not even considering the
difference in purchasing power between a 1972 dollar and a 2016 dollar.
I agree with you that what gets inflated is the money supply - the number of
dollars in circulation. It takes six more dollars in 2016 to buy the same thing
you could get in 1972 with one dollar; the purchasing power of a 1972 dollar
was six times that of a 2016 dollar.
If my boat had held 100% of its original value, and cost $120,000 in 2016
dollars due to inflation of the money supply over 44 years and lower purchasing
power of a 2016 dollar compared to a 1972 dollar, I sure as hell couldn’t have
afforded it :)
Cheers,
Randy
On Feb 15, 2018, at 4:40 PM, Bruce Whitmore via CnC-List
<cnc-list@cnc-list.com> wrote:
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 Stafford
S/V Grenadine
C&C 30-1 #7
Ken 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 #83
Mandeville, 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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Thanks everyone for supporting this list with your contributions. Each and
every one is greatly appreciated. If you want to support the list - use PayPal
to send contribution -- https://www.paypal.me/stumurray
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Thanks everyone for supporting this list with your contributions. Each and
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