Ken,

That is cool that you have this info. Do you have the invoice for my 1989 37/40+ #30? I would love to see a scan of what you have.


Thanks,
Mark Baldridge
~~~~~~~~~~~~~~~~~~~~~~_/)
'89 C&C37/40+ "The Edge"
ZCC37030A989
Surf City, NC


On 2/20/2018 6:42 PM, Ken Heaton via CnC-List wrote:
A few more data points for you Paul,

I have the Factory Invoices for 16 of the C&C 37+ and XL showing the price paid by the respective Dealers when they were sold new in 1988 and 1989.  These are priced in US Dollars..

The average Factory (not Retail) selling price to the Dealer of these 16 boats is *US $105,881.00.*  Add perhaps 20% for Dealer markup.

I have more invoices for 10 C&C 37+ and XLsold in Canadian dollars in the same time period.  The average is *$140,000.00 (Can $). Add perhaps 20% for Dealer markup. *

I also have the Factory Invoices for 9 of the C&C 37R showing the price paid by the respective Dealers in 1989 and 1989.  These are priced in US Dollars.

The average Factory (not Retail) selling price to the Dealer of these 9 boat is*US $106,494.36.*Add perhaps 20% for Dealer markup.

I have more invoices for 4C&C 37Rsold in Canadian dollars in the same time period.  The average is*$140,305.00 (Can $).Add perhaps 20% for Dealer markup.*
*
*
*I have no record of what was actually charged to the purchaser except in one case where the boat was sold to an owner in Bermuda, directly by the Factory it appears.  He didn't pay much more than a Dealer would have.*
*
*
*Have fun with these numbers.*
*
*
*
Ken Heaton & Anne Tobin
S/V Salazar - Can 54955
C&C 37/40 XL - Hull # 67
Cape Breton Island, Nova Scotia

https://c-c-37-40.blogspot.ca/p/salazar.html <https://c-c-37-40.blogspot.ca/p/salazar.html>

*

On 20 February 2018 at 18:52, Dreuge via CnC-List <cnc-list@cnc-list.com <mailto:cnc-list@cnc-list.com>> wrote:

    Ok, I went ahead and ordered an Abstract of Title from the USCG,
    and it arrived today.

    From what I see, there was Preferred Mortgage taken out in 1981
    for $182,408.40.

    It is not totally clear to me. This seems high.  Maybe it included
    extras and/or assumed interest.  Playing around with a mortgage
    calculator, I see that a $100k mortgage at 9% interest for 15
    years gives a total cost of $182,568.   But in 1981, the home
    mortgage rates where around 15%.  Working backwards from a total
    cost of $182k at 15% interest gives a mortgage amount of $73,000.
      Assuming that the original owners provided 20-25% down payment
    would give an estimated sale price of  $91k - $97k.   Same ball
    park as what Ed noted.  The higher price may seem more
    reasonable.  A search on Google shows a listing for a 1981 LF38
    for $89k and a listing of a 1983 for $110k in the Sep 1984 issue
    of Yachting magazine.



    Here is a summary of the USCG Abstract of Title-----

    
=================================================================================
    This vessel was built at Middletown, Rhode Island in 1981 of
    Fiberglass
    by C&C Yacths, Inc. for Kiki Toro, Inc. as appears by Certificate of
    Theodore A. Grant, Master Carpenter for C&C Yachts, Inc. Builder




    GRANTORGRANTEEKindDate Consideration
    
-------------------------------------------------------------------------------------------------------------------------------------------------

    Kiki Toro, Inc<owners>bill of sale3-23-81$1 and og and vc

    All

    <owners>Horizon Creditcorppref. mort.6-11-81$182,408.40 & interest
    and pomc

    All3-23-96Same as total amount


    
===================================================================================




    -
    Paul E.
    1981 C&C 38 Landfall
    S/V Johanna Rose
    Fort Walton Beach, FL

    http://svjohannarose.blogspot.com/
    <http://svjohannarose.blogspot.com/>


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