A few more data points for you Paul, I have the Factory Invoices for 16 of the C&C 37+ and XL showing the price paid by the respective Dealers when they were sold new in 1988 and 1989. These are priced in US Dollars..
The average Factory (not Retail) selling price to the Dealer of these 16 boats is *US $105,881.00.* Add perhaps 20% for Dealer markup. I have more invoices for 10 C&C 37+ and XL sold in Canadian dollars in the same time period. The average is *$140,000.00 (Can $). Add perhaps 20% for Dealer markup. * I also have the Factory Invoices for 9 of the C&C 37R showing the price paid by the respective Dealers in 1989 and 1989. These are priced in US Dollars. The average Factory (not Retail) selling price to the Dealer of these 9 boat is *US $106,494.36.* Add perhaps 20% for Dealer markup. I have more invoices for 4 C&C 37R sold in Canadian dollars in the same time period. The average is *$140,305.00 (Can $). Add perhaps 20% for Dealer markup.* *I have no record of what was actually charged to the purchaser except in one case where the boat was sold to an owner in Bermuda, directly by the Factory it appears. He didn't pay much more than a Dealer would have.* *Have fun with these numbers.* * Ken Heaton & Anne TobinS/V Salazar - Can 54955C&C 37/40 XL - Hull # 67Cape Breton Island, Nova Scotiahttps://c-c-37-40.blogspot.ca/p/salazar.html <https://c-c-37-40.blogspot.ca/p/salazar.html> * On 20 February 2018 at 18:52, Dreuge via CnC-List <cnc-list@cnc-list.com> wrote: > Ok, I went ahead and ordered an Abstract of Title from the USCG, and it > arrived today. > > From what I see, there was Preferred Mortgage taken out in 1981 for > $182,408.40. > > It is not totally clear to me. This seems high. Maybe it included extras > and/or assumed interest. Playing around with a mortgage calculator, I see > that a $100k mortgage at 9% interest for 15 years gives a total cost of > $182,568. But in 1981, the home mortgage rates where around 15%. Working > backwards from a total cost of $182k at 15% interest gives a mortgage > amount of $73,000. Assuming that the original owners provided 20-25% down > payment would give an estimated sale price of $91k - $97k. Same ball > park as what Ed noted. The higher price may seem more reasonable. A > search on Google shows a listing for a 1981 LF38 for $89k and a listing of > a 1983 for $110k in the Sep 1984 issue of Yachting magazine. > > > > Here is a summary of the USCG Abstract of Title----- > > ============================================================ > ===================== > This vessel was built at Middletown, Rhode Island in 1981 of Fiberglass > by C&C Yacths, Inc. for Kiki Toro, Inc. as appears by Certificate of > Theodore A. Grant, Master Carpenter for C&C Yachts, Inc. Builder > > > > > GRANTOR GRANTEE Kind Date Consideration > ------------------------------------------------------------ > ------------------------------------------------------------ > ------------------------- > > Kiki Toro, Inc <owners> bill of sale 3-23-81 $1 and og and vc > > All > > <owners> Horizon Creditcorp pref. mort. 6-11-81 $182,408.40 & interest > and pomc > > All 3-23-96 Same as total amount > > > ============================================================ > ======================= > > > > > - > Paul E. > 1981 C&C 38 Landfall > S/V Johanna Rose > Fort Walton Beach, FL > > http://svjohannarose.blogspot.com/ > > > _______________________________________________ > > 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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