Well, I paid about 20% fewer dollars in 2016, for both boat and trailer, than the first purchaser paid in 1972 for the boat alone - not even considering the difference in purchasing power between a 1972 dollar and a 2016 dollar.
I agree with you that what gets inflated is the money supply - the number of dollars in circulation. It takes six more dollars in 2016 to buy the same thing you could get in 1972 with one dollar; the purchasing power of a 1972 dollar was six times that of a 2016 dollar. If my boat had held 100% of its original value, and cost $120,000 in 2016 dollars due to inflation of the money supply over 44 years and lower purchasing power of a 2016 dollar compared to a 1972 dollar, I sure as hell couldn’t have afforded it :) Cheers, Randy > On Feb 15, 2018, at 4:40 PM, Bruce Whitmore via CnC-List > <[email protected]> wrote: > > I'd kind of disagree... > > Technically, boat didn't depreciate very much. It inflation that's taking > down the value of today's dollars. > > Depreciation is the reduction in $ value over time, and from a tax writeoff > perspective, a $20,000 asset owned by a business would be written off over a > specified period of time, presumably to the point it would be worth $0. > > Its just that $20,000 won't buy you a new sailboat any longer! > > Bruce Whitmore > > (847) 404-5092 (mobile) > [email protected] > > > From: Randy Stafford via CnC-List <[email protected]> > To: cnc-list <[email protected]> > Cc: Randy Stafford <[email protected]>; Patrick Davin > <[email protected]> > Sent: Thursday, February 15, 2018 6:08 PM > Subject: Re: Stus-List Landfall 38 original list price > > According to C&C brochures that came with Grenadine, the C&C 30 MK I base > price as at September 13, 1976 was $27,200. As at September 1, 1977 it had > increased to $30,450. > > I don’t have information on how much her first owner paid for her in 1972. > I’d guess ~$20,000 if the base price tracked with inflation. That’s > ~$120,000 in today’s dollars. And I bought the boat (and its trailer) for > $16,500 two years ago. Poor thing obviously depreciated a lot. > > Cheers, > Randy Stafford > S/V Grenadine > C&C 30-1 #7 > Ken Caryl, CO > >> On Feb 15, 2018, at 3:14 PM, Patrick Davin via CnC-List >> <[email protected] <mailto:[email protected]>> wrote: >> >> Wow. That's $123,000 in today's dollars. (20k in 1971 = 123k today). >> Important to compare real values, not nominal values - inflation over 47 >> years is very significant! Still not bad, a 35' production boat today goes >> a bit more than that I think. >> >> Would be interesting if anyone has a 1980's number. The 70's after about '73 >> had massive inflation - >> https://www.investopedia.com/articles/economics/09/1970s-great-inflation.asp >> <https://www.investopedia.com/articles/economics/09/1970s-great-inflation.asp> >> >> Dennis I suspect the note to not install genoa winches is because the owner >> wanted a particular placement of them (the line after that says "put in the >> boat loose w/ fastenings"). >> >> -Patrick >> '84 LF38 >> >> On Thu, Feb 15, 2018 at 1:59 PM, <[email protected] >> <mailto:[email protected]>> wrote: >> >> ---------- Forwarded message ---------- >> From: "Dennis C." <[email protected] <mailto:[email protected]>> >> To: CnClist <[email protected] <mailto:[email protected]>> >> Cc: >> Bcc: >> Date: Thu, 15 Feb 2018 14:23:01 -0600 >> Subject: Re: Stus-List Landfall 38 original list price >> Paul, >> >> Doesn't answer your post but below is a link to Touche's original 1971 order >> from the yacht broker to Hinterhoeller. Shows a base price of $18,760 with >> $872 worth of options. A Landfall 10 years later would have been a wee bit >> more. >> >> Interesting note on Page 2, Item 81. "DO NOT install genoa sheet winches or >> cleats." Never have figured that one out. >> >> https://drive.google.com/open? id= 1y6lBr8452ciJtkdrVQ2OLIKTbJAuF gb5 >> <https://drive.google.com/open?id=1y6lBr8452ciJtkdrVQ2OLIKTbJAuFgb5> >> >> Dennis C. >> Touche' 35-1 #83 >> Mandeville, LA >> >> >> >> On Thu, Feb 15, 2018 at 11:15 AM, Dreuge via CnC-List <[email protected] >> <mailto:[email protected]>> wrote: >> Hi, >> >> I was asked a question about the Landfall 38 original list price, and I >> realized I had no clue. Does anyone know what they were original going for >> in 1981 or thereabouts? >> >> >> - >> Paul E. >> 1981 C&C 38 Landfall >> S/V Johanna Rose >> Fort Walton Beach, FL >> >> http://svjohannarose.blogspot. com/ <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/stumurr ay >> <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 >> <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 > <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 >
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