Posted by InVision on 05/11/17 - 7:16 AM
#13
Harpooner wrote:
It seems to me, that average depreciation is around $2000 per year. Take the MSRP and subtract $4,000 for your '15, and I think you'd be close. Maybe factor the price down a bit more since 1st year depreciation can be more than subsequent years.
Thanks for your thoughts.
Since the price is going up every year and the depreciation decreases every year it is hard to get your arms around how much a used Montauk 170 is worth. From my figures of pricing in the last 7 years (2010-2017) it appears that the 1st year is about ~$3800 and every year after it is ~ $1500 until it flattens out. Boat options also complicate the estimates. A 2015 Montauk (no options) costs $28400 or so new. A 2017 cost $30971 new. My estimate is the a 2015 is in the $25K ballpark depending on condition and options. At some point in good conditions they do not depreciate anymore.
M