Do Boats Hold Their Value?

Boats, like most vehicles, experience depreciation over time. However, certain factors like brand reputation, maintenance, usage, and market demand can influence the rate of depreciation. High-quality boats from reputable brands tend to hold their value better, while diligent maintenance and strategic ownership practices can slow down depreciation.

How Much Does a New Boat Depreciate After Purchase?

New boats typically experience their highest depreciation in the first few years. On average, a new boat might depreciate around 15%-20% in the first year. However, the exact rate can vary based on the boat's type, brand, and other factors.

Does Boat Depreciation Vary for Different Types of Boats?

Yes, boat depreciation can vary significantly depending on the type of boat. Luxury yachts, high-quality fishing boats, and classic sailboats tend to depreciate more slowly due to their appeal and durability. Commercial boats or those with specialized features might depreciate faster due to higher usage.

Can You Slow Down Boat Depreciation?

While you can't entirely prevent boat depreciation, you can slow it down by choosing reputable brands, maintaining the boat regularly, avoiding overuse, storing it properly, and making thoughtful upgrades. These practices can help preserve your boat's condition and appeal, ultimately mitigating the impact of depreciation.

How Do You Use a Boat Depreciation Calculator?

To use a boat depreciation calculator, gather details about your boat's purchase price, age, and usage history. Research similar boats to estimate an annual depreciation rate. Input this information into the calculator, which will help you project the boat's future value over time. Remember that these calculators provide estimates based on general trends, and actual depreciation can be influenced by various factors.


  • JD Power Price Guides: JD Power provides comprehensive boat valuation information, including depreciation estimates for various boat types and models.
  • Boat History Reports: Consider obtaining a boat history report to assess its depreciation history, accident reports, and more before making a purchase.
  • BoatUS: The Boat Owners Association of The United States offers articles and resources on boat depreciation, helping you understand how various factors impact a boat's value.
  • BUCValu: BUCValu is a valuable resource for boat valuation information, including historical values and depreciation trends.
  • Boat Forums and Communities: Engage with boating enthusiasts on forums like The Hull Truth and Cruisers Forum to gain insights into real-world boat depreciation experiences.
  • Boat Resale Marketplaces: Explore online boat resale marketplaces like Boat Trader and YachtWorld to see how similar boats are priced in the resale market, giving you an idea of depreciation trends.

About the Author

Christopher Murray

Christopher Murray

Personal Finance Expert

Christopher Murray is a professional personal finance and sustainability writer and editor who enjoys writing about everything from budgeting and saving to unique investing options like SRI and cryptocurrency.

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