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djmnyc

Member Since 02 Aug 2006
Offline Last Active Yesterday, 01:52 AM
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Topics I've Started

Boat Prices, and Inflation

09 January 2014 - 10:43 PM

Some of the posters in a discussion in Dinghy Anarchy (http://forums.sailin...howtopic=154275) made a claim that the increase in the price of boats has been pretty steady with the rate of inflation.  I figure this would be a pretty good thing to put to the test of the crowd.

 

The rules, find an advertised price for a (new) boat at some point in the "good old days", find a current advertised price for a new boat of the same model, use a reliable inflation calculator (i.e. http://www.bls.gov/d..._calculator.htm for USD) to compare the inflation adjusted old price to the current price, and post the results here.  To be fair, the current model must be essentially similar to the old one, so no major change in design or construction, and the boat's equipment / level of finish should be similar.

 

For example,

 

O'Day DaySailor:

Price new in 1972 - $ 1,895 (source http://www.ggarchive...l#axzz2pwT9m2Fj)

Price new in 2014 - $12,400 (source http://www.capecodsh...?boat=daysailer)

$1,895 in 1972 has the same buying power as $10,566.17 in 2013 (http://www.bls.gov/d..._calculator.htm), so the DaySailor is approximately 17% more expensive now than it was in 1972.