Re: Stus-List C 37+ and XL and 37R Factory Invoices and Pricing (1988 & 1989)

[bushmark4--- via CnC-List]

 Ken, you are to be congratulated for having the foresight to secure those 
files: the former owner for my boat didn't get the build file, and when I 
bought the boat, it was too late, it, )along with all of the others), had 
already been destroyed.   

 


Richard
s.v Bushmark4; 1985 C 27 CB; Ohio River, (which is above flood stage)


Richard N. Bush
2950 Breckenridge Lane, Suite Nine
Louisville, Kentucky 40220-1462 
502-584-7255

 

 

-Original Message-
From: Ken Heaton via CnC-List 
To: cnc-list 
Cc: Ken Heaton 
Sent: Sat, Feb 24, 2018 6:49 am
Subject: Re: Stus-List C 37+ and XL and 37R Factory Invoices and Pricing 
(1988 & 1989)



Hi Mark,


I have Build Files for around 40 of the C 37/40's.  South Shore Yachts 
threatened to dispose of them some time ago if no one wanted them so I bought 
from him what he could find so that wouldn't happen.


I tried attaching three photos of your Build File but the are too big so I'm 
sending them to you as Google Drive links.  I don't have time to scan these 
documents right now, I'm off to work at the theatre now, but I can scan a few 
for you later, 


Have fun with them.


Ken H.


PS: Any boats I have Build Files for are noted on the list here: 
https://c-c-37-40.blogspot.ca/p/a-list-of-known-c-3740-boat-name.html


​
 20180224_C 37 No. 30 The Edge Build File_0081...
​​
 20180224_C 37 No. 30 The Edge Build File_0086...
​​
 20180224_C 37 No. 30 The Edge Build File_0087...
​



On 23 February 2018 at 23:09, Mark Baldridge via CnC-List 
 wrote:

  
Ken,

That is cool that you have this info. Do you have the invoice for my
1989 37/40+ #30? I would love to see a scan of what you have.

Thanks,
Mark Baldridge
~~_/)
'89 C/40+ "The Edge"
ZCC37030A989
Surf City, NC




On 2/20/2018 6:42 PM, Ken Heaton via  CnC-List wrote:


  
A few more data points for you Paul,



I have the Factory Invoices for 16 of the 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 theDealer of 
these 16 boats is US $105,881.00.  Addperhaps 20% for Dealer markup.
  

  
  
I have more invoices for 10 C  37+ and XL sold in Canadian 
dollars inthe same time period.  The average is $140,000.00 (Can
  $).   Addperhaps 20% for Dealer markup.   
 
  

  
  
I  also have the Factory Invoices for 9 of the C 37R  
 showingthe price paid by the respective Dealers in 
1989 and1989.  These are priced in US Dollars.
  





  Theaverage Factory (not Retail) selling price to 
the Dealerof these 9 boat is US $106,494.36. 
Add perhaps 20% for Dealer markup.  





  Ihave more invoices for 4 C37R 
soldin 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.




  
KenHeaton & Anne Tobin
S/V Salazar - Can 54955
C 37/40 XL - Hull # 67
Cape Breton Island, Nova Scotia
  


  
https://c-c-37-40.blogspot.ca/p/salazar.html
  



  
On 20 February 2018 at 18:52, Dreugevia CnC-List 
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 

Re: Stus-List C 37+ and XL and 37R Factory Invoices and Pricing (1988 & 1989)

[Ken Heaton via CnC-List]

Hi Mark,

I have Build Files for around 40 of the C 37/40's.  South Shore Yachts
threatened to dispose of them some time ago if no one wanted them so I
bought from him what he could find so that wouldn't happen.

I tried attaching three photos of your Build File but the are too big so
I'm sending them to you as Google Drive links.  I don't have time to scan
these documents right now, I'm off to work at the theatre now, but I can
scan a few for you later,

Have fun with them.

Ken H.

PS: Any boats I have Build Files for are noted on the list here:
https://c-c-37-40.blogspot.ca/p/a-list-of-known-c-3740-boat-name.html

​
 20180224_C 37 No. 30 The Edge Build File_0081...

​​
 20180224_C 37 No. 30 The Edge Build File_0086...

​​
 20180224_C 37 No. 30 The Edge Build File_0087...

​

On 23 February 2018 at 23:09, Mark Baldridge via CnC-List <
cnc-list@cnc-list.com> wrote:

> Ken,
>
> That is cool that you have this info. Do you have the invoice for my 1989
> 37/40+ #30? I would love to see a scan of what you have.
>
> Thanks,
> Mark Baldridge
> ~~_/)
> '89 C/40+ "The Edge"
> ZCC37030A989
> Surf City, NC
>
>
> On 2/20/2018 6:42 PM, Ken Heaton via CnC-List wrote:
>
> A few more data points for you Paul,
>
> I have the Factory Invoices for 16 of the 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 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 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 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 Tobin S/V Salazar - Can 54955 C 37/40 XL - Hull # 67
> Cape Breton Island, Nova Scotia
> https://c-c-37-40.blogspot.ca/p/salazar.html
>  *
>
> On 20 February 2018 at 18:52, Dreuge via CnC-List 
> 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 Yacths, Inc. for Kiki Toro, Inc. as appears by Certificate of
>> Theodore A. Grant, Master Carpenter for C Yachts, Inc. Builder
>>
>>
>>
>>
>> GRANTOR GRANTEE Kind Date Consideration
>> 
>> 
>> -
>>
>> Kiki Toro, Inc  bill of sale 3-23-81 $1 and og and vc
>>
>> All
>>
>>  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 38 Landfall
>> S/V Johanna Rose
>> Fort Walton Beach, FL
>>
>> http://svjohannarose.blogspot.com/
>>
>>
>> 

Re: Stus-List C 37+ and XL and 37R Factory Invoices and Pricing (1988 & 1989)

[Mark Baldridge via CnC-List]

Ken,

That is cool that you have this info. Do you have the invoice for my 
1989 37/40+ #30? I would love to see a scan of what you have.


Thanks,
Mark Baldridge
~~_/)
'89 C/40+ "The Edge"
ZCC37030A989
Surf City, NC


On 2/20/2018 6:42 PM, Ken Heaton via CnC-List wrote:

A few more data points for you Paul,

I have the Factory Invoices for 16 of the 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 37+ and XLsold 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 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 4C 37Rsold 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 Tobin
S/V Salazar - Can 54955
C 37/40 XL - Hull # 67
Cape Breton Island, Nova Scotia

https://c-c-37-40.blogspot.ca/p/salazar.html 



*

On 20 February 2018 at 18:52, Dreuge via CnC-List 
> 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 Yacths, Inc. for Kiki Toro, Inc. as appears by Certificate of
Theodore A. Grant, Master Carpenter for C Yachts, Inc. Builder




GRANTORGRANTEEKindDate Consideration

-

Kiki Toro, Incbill of sale3-23-81$1 and og and vc

All

Horizon Creditcorppref. mort.6-11-81$182,408.40 & interest
and pomc

All3-23-96Same as total amount



===




-
Paul E.
1981 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 





___

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



___

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

Stus-List C 37+ and XL and 37R Factory Invoices and Pricing (1988 & 1989)

[Ken Heaton via CnC-List]

A few more data points for you Paul,

I have the Factory Invoices for 16 of the 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 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 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 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 37/40 XL - Hull #
67Cape Breton Island, Nova
Scotiahttps://c-c-37-40.blogspot.ca/p/salazar.html
 *

On 20 February 2018 at 18:52, Dreuge via CnC-List 
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 Yacths, Inc. for Kiki Toro, Inc. as appears by Certificate of
> Theodore A. Grant, Master Carpenter for C Yachts, Inc. Builder
>
>
>
>
> GRANTOR GRANTEE Kind Date Consideration
> 
> 
> -
>
> Kiki Toro, Inc  bill of sale 3-23-81 $1 and og and vc
>
> All
>
>  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 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
>
>
>
___

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