Available PDQ Powercats
Taking my own advice, I made a quick survey on YachtWorld and was
surprised to find a decent selection of PDQ powercats. Apparently,
you can still buy a brand new 2006, 41-footer (with 50 engine hours)
for a mere $519 K. Also, there's a 2008 model listed at $549 K.
As for 34-footers, there are no less than 10 listed. Here again, you
can get a brand new 2006 model for $335 K, this includes 100-hp
engines and the new, expanded galley layout (something we would opt
for). There's another '06 model listed at $331K - but it has 75 HP
engines. Then there's hull #60, "Lu Lu", one of the boats that
accompanied us on the Baltic Adventure, so we know her well. (She had
a yellow hull then, but now she sports a newly Awlgripped light blue
hull.) She has 100 HP Yanmars as well as the new galley arrangement.
Asking price is $327.5 K. (Interesting enough, that's just about
exactly what we paid for "Sno Dog" back in the spring of '06 - we got
a "deal"!)
There's another 2005 model with both new galley & 100 HP engines
listed at $292 K. After that, you get back to 2004 models with the
older galley style (sink & stove on the same side, less countertop,
and no dedicated spot for the convection/microwave oven). These range
in price from $259 K down to $185 K for a 2001 model.
Compared to the original new prices of these boats, they seem to be
holding their value remarkably well. But I can also see that it makes
it pretty tough for Pearson Composites to compete with their price of
$420 K. Especially when you consider that the used boats come with
equipment that would likely cost you another $10 - 50 K extra.
One final note. I see the latest Scimitar 1010 powercat "Pacific
High" is listed at $299 K. We saw the original boat (the owners sold
it, then bought a new one) in the Bahamas a few years ago. We were
impressed by the design of this 36-ft powercat from New Zealand.
She's very handsome, more conventional layout than a PDQ, has a large
usable aft deck and very sporty performance. When we talked to them,
the owners couldn't say enough about her.
Henry
www.SnoDogLog.com
I've also noticed that several models that I've looked at appeared to be on the used market for their list price when new several years ago. Is that because (a) the boom before the crash caused new prices to go up at a rate equal to the depreciation? (b) the owner believes they've added so many options and equipment that it offsets depreciation, (c) the ask is the ask, and the real sales price is 20-40% less, or ????
Does anyone know where to find the list prices for boats over the years? In the early 90's I went to the library and got the back issues of the Kelly Blue Book and plotted the depreciation curves for several auto models. It was as one would expect, slower initial depreciation for luxury models, rapid initial depreciation for domestics then flattening out quickly. There was a time when a 5 year old Jeep CJ7 would hold it's value basically flat in unajusted dollars for several years.
Is there any source of data on historical new/used pricing? Given the size of the investments we are looking at someone should be able to make a business providing that data if it's not available free.
Thanks
Mark
Mark Long
Marina del Rey, CA
----- Original Message ----
From: Henry Clews hclews@aol.com
To: Power Catamaran List power-catamaran@lists.samurai.com
Sent: Saturday, September 5, 2009 10:37:19 AM
Subject: [PCW] Available PDQ Powercats
Taking my own advice, I made a quick survey on YachtWorld and was surprised to find a decent selection of PDQ powercats. Apparently, you can still buy a brand new 2006, 41-footer (with 50 engine hours) for a mere $519 K. Also, there's a 2008 model listed at $549 K.
As for 34-footers, there are no less than 10 listed. Here again, you can get a brand new 2006 model for $335 K, this includes 100-hp engines and the new, expanded galley layout (something we would opt for). There's another '06 model listed at $331K - but it has 75 HP engines. Then there's hull #60, "Lu Lu", one of the boats that accompanied us on the Baltic Adventure, so we know her well. (She had a yellow hull then, but now she sports a newly Awlgripped light blue hull.) She has 100 HP Yanmars as well as the new galley arrangement. Asking price is $327.5 K. (Interesting enough, that's just about exactly what we paid for "Sno Dog" back in the spring of '06 - we got a "deal"!)
There's another 2005 model with both new galley & 100 HP engines listed at $292 K. After that, you get back to 2004 models with the older galley style (sink & stove on the same side, less countertop, and no dedicated spot for the convection/microwave oven). These range in price from $259 K down to $185 K for a 2001 model.
Compared to the original new prices of these boats, they seem to be holding their value remarkably well. But I can also see that it makes it pretty tough for Pearson Composites to compete with their price of $420 K. Especially when you consider that the used boats come with equipment that would likely cost you another $10 - 50 K extra.
One final note. I see the latest Scimitar 1010 powercat "Pacific High" is listed at $299 K. We saw the original boat (the owners sold it, then bought a new one) in the Bahamas a few years ago. We were impressed by the design of this 36-ft powercat from New Zealand. She's very handsome, more conventional layout than a PDQ, has a large usable aft deck and very sporty performance. When we talked to them, the owners couldn't say enough about her.
Henry
www.SnoDogLog.com
Power-Catamaran Mailing List
I know of three Kelly Blue Book type of used boat pricing guides:
BUC used boat price guide,?N.A.D.A. marine appraisal guide,?Marine blue book.
-----Original Message-----
From: Mark mark424x@yahoo.com
To: Power Catamaran List power-catamaran@lists.samurai.com
Sent: Sun, Sep 6, 2009 3:08 pm
Subject: Re: [PCW] historical pricing, was: Available PDQ Powercats
I've also noticed that several models that I've looked at appeared to be on the
used market for their list price when new several years ago. Is that because
(a) the boom before the crash caused new prices to go up at a rate equal to the
depreciation? (b) the owner believes they've added so many options and equipment
that it offsets depreciation, (c) the ask is the ask, and the real sales price
is 20-40% less, or ????
Does anyone know where to find the list prices for boats over the years? In
the early 90's I went to the library and got the back issues of the Kelly Blue
Book and plotted the depreciation curves for several auto models. It was as one
would expect, slower initial depreciation for luxury models, rapid initial
depreciation for domestics then flattening out quickly. There was a time when a
5 year old Jeep CJ7 would hold it's value basically flat in unajusted dollars
for several years.
Is there any source of data on historical new/used pricing? Given the size of
the investments we are looking at someone should be able to make a business
providing that data if it's not available free.
Thanks
Mark
Mark Long
Marina del Rey, CA
----- Original Message ----
From: Henry Clews hclews@aol.com
To: Power Catamaran List power-catamaran@lists.samurai.com
Sent: Saturday, September 5, 2009 10:37:19 AM
Subject: [PCW] Available PDQ Powercats
Taking my own advice, I made a quick survey on YachtWorld and was surprised to
find a decent selection of PDQ powercats. Apparently, you can still buy a brand
new 2006, 41-footer (with 50 engine hours) for a mere $519 K. Also, there's a
2008 model listed at $549 K.
As for 34-footers, there are no less than 10 listed. Here again, you can get a
brand new 2006 model for $335 K, this includes 100-hp engines and the new,
expanded galley layout (something we would opt for). There's another '06 model
listed at $331K - but it has 75 HP engines. Then there's hull #60, "Lu Lu", one
of the boats that accompanied us on the Baltic Adventure, so we know her well.
(She had a yellow hull then, but now she sports a newly Awlgripped light blue
hull.) She has 100 HP Yanmars as well as the new galley arrangement. Asking
price is $327.5 K. (Interesting enough, that's just about exactly what we paid
for "Sno Dog" back in the spring of '06 - we got a "deal"!)
There's another 2005 model with both new galley & 100 HP engines listed at $292
K. After that, you get back to 2004 models with the older galley style (sink &
stove on the same side, less countertop, and no dedicated spot for the
convection/microwave oven). These range in price from $259 K down to $185 K for
a 2001 model.
Compared to the original new prices of these boats, they seem to be holding
their value remarkably well. But I can also see that it makes it pretty tough
for Pearson Composites to compete with their price of $420 K. Especially when
you consider that the used boats come with equipment that would likely cost you
another $10 - 50 K extra.
One final note. I see the latest Scimitar 1010 powercat "Pacific High" is
listed at $299 K. We saw the original boat (the owners sold it, then bought a
new one) in the Bahamas a few years ago. We were impressed by the design of
this 36-ft powercat from New Zealand. She's very handsome, more conventional
layout than a PDQ, has a large usable aft deck and very sporty performance.
When we talked to them, the owners couldn't say enough about her.
Henry
www.SnoDogLog.com
Power-Catamaran Mailing List
Power-Catamaran Mailing List