updated 11/13/2005
Positives vs. Negatives Comparisons
Underbody, Engine and Capacities Comparisons
Specification, Ratio & Statistical Comparisons
Production and Price Comparisons
Positives and Negatives Comparisons
Mfg / Model |
Designer |
Origin |
Positives |
Negatives |
Amel Super Maramu 53 |
Henri Amel & Amel Design Team |
France |
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Caliber 47 LRC |
Michael McCreary |
USA |
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Hallberg-Rassy 53 |
Germán Frers |
Sweden |
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Hylas 49 |
Sparkman and Stephens |
Taiwan |
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Island Packet 485 |
Bob Johnson & Island Packet Design Team |
USA |
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Tayana 48 |
Robert Perry |
Taiwan |
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Underbody, Engine and Capacities Comparisons
Mfg / Model | Underbody | Keel type | Rudder type | Hull layup | Pan Y/N | Deck Coring | HP | D/HP | Fuel | # of fuel tanks | Fuel tank material | Range under power | Water | # of water tanks | Water tank material | Holding | # of holding tanks |
Amel Super Maramu 53 | cruising fin | encapsulated | full skeg | two piece, hand layup, solid | N | Balsa | 75 | 2.13 | 158 | 1 | SS |
1,000 |
264 | 1 | plastic | 50 | 2 |
Caliber 47 LRC | cruising fin | encapsulated | full skeg | single, hand layup, solid | N | Marine Ply | 75 | 2.27 | 277 | 3 | integral | 1,400 | 225 | 2 | integral |
70 |
1 |
Hallberg-Rassy 53 | cruising fin | bolted | partial skeg | two piece, cell core above waterline | N | Divinycell | 110 | 2.17 | 225 | 2 | SS |
1,000 |
270 | 2 | SS |
30 |
2 |
Hylas 49 | cruising fin | bolted | full skeg | single, solid below waterline, Balsa core above waterline | N | Balsa | 75 | 2.34 | 145 | 2 | SS |
700 |
250 | 3 | SS | 27 | 2 |
Island Packet 485 | cutaway full | encapsulated | contiguous | single, hand layup, solid | Y | microballoons | 100 | 2.56 | 300 | 2 | aluminum |
1,200 |
300 | 2 | aluminum | 60+40 | 2 |
Tayana 48 | cruising fin | encapsulated | full skeg | single, hand, solid, foam insulation layer | N | Balsa | 75 | 2.14 | 150 | 1 | SS |
900 |
250 | 2 | SS |
30 |
1 |
Specification, Ratio and Statistical Comparison
Mfg / Model | Length | LWL | Beam | Draft | Displacement | Ballast | Sail Area | L/B Ratio | D/L Ratio | SA/D Ratio | B/D Ratio | Hull Speed | Capsize Ratio (< 2 target) | Motion Comfort Rating (> = better) |
Amel Super Maramu 53 | 52.50 | 41.33 | 15.25 | 6.75 | 35,273 | 12,125 | 945 | 3.44 | 223 | 14.06 | 34 | 8.61 | 1.86 | 32.41 |
Caliber 47 LRC | 52.92 | 39.50 | 13.17 | 5.17 | 33,000 | 13,000 | 1,014 | 4.02 | 239 | 15.77 | 39 | 8.42 | 1.64 | 37.83 |
Hallberg-Rassy 53 | 53.92 | 49.08 | 15.25 | 7.50 | 50,706 | 19,840 | 1,410 | 3.54 | 191 | 16.47 | 39 | 9.39 | 1.65 | 41.19 |
Hylas 49 | 48.83 | 39.50 | 14.25 | 6.00 | 32,000 | 14,500 | 1,251 | 3.43 | 232 | 19.86 | 45 | 8.42 | 1.80 | 33.99 |
Island Packet 485 | 51.58 | 43.17 | 15.33 | 5.25 | 39,000 | 16,000 | 1,234 | 3.36 | 216 | 17.17 | 41 | 8.80 | 1.81 | 34.80 |
Tayana 48 | 48.00 | 40.25 | 14.50 | 6.00 | 35,000 | 11,675 | 1,048 | 3.31 | 240 | 15.67 | 33 | 8.50 | 1.77 | 36.09 |
Note: Hylas Sail Area and resulting SA/D relies on 135% Genoa area
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Production and Price Comparisons
Hull Production | Retail | Base Plus | New | New Base Price / New Price Including Typical Options / Average Recent Used Asking Price / BUC Value | ||||||||||||||
Mfg / Model | Production Run | Total Produced | Base New | 30% | Wait Time | Target Years | Mfg / Model | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | |
Amel Super Maramu 53 | 1990-2004 | ~ 500 | 850,000 | 1,105,000 | 2 Years | recent | Amel Super Maramu 53 | base new | ||||||||||
5% | - | - | - | - | - | - | - | - | - | - | ||||||||
Avg. used | - | 645,250 | 580,167 | 506,000 | 475,600 | 477,250 | 459,250 | 431,000 | 436,500 | 416,750 | ||||||||
# of listings | - | 4 | 6 | 1 | 5 | 4 | 8 | 2 | 4 | 8 | ||||||||
% RV | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | ||||||||
BUC Value | ||||||||||||||||||
Average | 554,750 | 521,000 | 489,750 | 460,250 | 432,750 | 406,750 | ||||||||||||
Better | 627,000 | 588,750 | 553,500 | 520,000 | 489,000 | 459,750 | ||||||||||||
Bristol | 676,750 | 635,750 | 597,500 | 561,500 | 528,000 | 496,500 | ||||||||||||
Caliber 47 LRC | 1995- | 18 | 383,000 | 497,900 | 6 Months | new or recent | Caliber 47 LRC | base new | 382,950 | 357,950 | 332,950 | 332,950 | 316,950 | 301,950 | 291,950 | 281,950 | 281,950 | 274,950 |
20% | 459,540 | 429,540 | 399,540 | 399,540 | 380,340 | 362,340 | 350,340 | 338,340 | 338,340 | 329,940 | ||||||||
Avg. used | - | - | - | - | 265,000 | 299,000 | - | 250,000 | 210,000 | 169,000 | ||||||||
# of listings | - | - | - | - | 1 | 1 | - | 1 | 1 | 1 | ||||||||
% RV | 0% | 0% | 0% | 0% | 70% | 83% | 0% | 74% | 62% | 51% | ||||||||
BUC Value | ||||||||||||||||||
Average | 483,750 | 424,000 | 396,000 | 370,000 | 346,000 | 323,750 | 261,750 | |||||||||||
Better | 546,750 | 479,000 | 447,500 | 418,250 | 391,000 | 365,750 | 296,000 | |||||||||||
Bristol | 590,000 | 517,250 | 483,250 | 451,250 | 422,000 | 394,750 | 319,500 | |||||||||||
Hallberg-Rassy 53 | 1993-2006 | 90 | 842,433 | 1,095,162 | 2 Years | recent | Hallberg-Rassy 53 | base new | 807,671 | 785,592 | 591,893 | 500,198 | 606,637 | 579,768 | 585,077 | 567,698 | 654,305 | 654,305 |
20% | 969,205 | 942,710 | 710,271 | 600,237 | 727,964 | 695,722 | 702,093 | 681,238 | 785,166 | 785,166 | ||||||||
Avg. used | 1,040,000 | - | 946,000 | 833,333 | 823,000 | 995,000 | 750,000 | 654,000 | 712,000 | 654,500 | ||||||||
# of listings | 1 | - | 4 | 3 | 4 | 1 | 1 | 3 | 3 | 2 | ||||||||
% RV | 107% | 0% | 133% | 139% | 113% | 143% | 107% | 96% | 91% | 83% | ||||||||
BUC Value | no | BUC | data | available | for | HR 53 | ||||||||||||
Yacht | ||||||||||||||||||
World | ||||||||||||||||||
Sold Price | - | - | 865,000 | - | - | - | 705,000 | - | - | 590,000 | ||||||||
Hylas 49 | 1992- | >50 | 458,000 | 595,400 | 1 Year | recent | Hylas 49 | base new | 448,000 | 438,000 | 428,000 | 418,000 | 408,000 | 398,000 | 388,000 | 378,000 | 368,000 | 358,000 |
20% | 537,600 | 525,600 | 513,600 | 501,600 | 489,600 | 477,600 | 465,600 | 453,600 | 441,600 | 429,600 | ||||||||
Avg. used | - | - | - | - | 457,500 | 429,000 | 425,500 | 395,000 | - | 330,000 | ||||||||
# of listings | - | - | - | - | 2 | 1 | 2 | 2 | - | 1 | ||||||||
% RV | 0% | 0% | 0% | 0% | 93% | 90% | 91% | 87% | 0% | 77% | ||||||||
BUC Value | ||||||||||||||||||
Average | 399,000 | 369,000 | 346,750 | |||||||||||||||
Better | 450,750 | 417,250 | 391,500 | |||||||||||||||
Bristol | 486,750 | 450,250 | 423,000 | |||||||||||||||
Island Packet 485 | 2003- | 43 | 600,000 | 780,000 | In Stock | recent | Island Packet 485 | base new | 538,950 | 498,950 | ||||||||
20% | 646,740 | 598,740 | ||||||||||||||||
Avg. used | 609,000 | 580,000 | ||||||||||||||||
# of listings | 1 | 4 | ||||||||||||||||
% RV | 94% | 97% | ||||||||||||||||
BUC Value | ||||||||||||||||||
Average | 502,250 | 472,250 | ||||||||||||||||
Better | 567,250 | 533,500 | ||||||||||||||||
Bristol | 612,500 | 575,750 | ||||||||||||||||
Tayana 48 | 1989- | 94 | 350,000 | 455,000 | In Stock | new or recent | Tayana 48 | base new | 330,000 | 330,000 | 330,000 | 305,000 | 305,000 | 305,000 | 305,000 | 296,000 | 296,000 | 296,000 |
20% | 396,000 | 396,000 | 396,000 | 366,000 | 366,000 | 366,000 | 366,000 | 355,200 | 355,200 | 355,200 | ||||||||
Avg. used | - | 369,000 | - | 374,500 | 378,364 | 352,667 | 374,333 | - | 329,000 | 349,000 | ||||||||
# of listings | - | 1 | - | 2 | 11 | 3 | 3 | - | 1 | 1 | ||||||||
% RV | 0% | 93% | 0% | 102% | 103% | 96% | 102% | 0% | 93% | 98% | ||||||||
BUC Value | ||||||||||||||||||
Average | 492,000 | 415,000 | 388,250 | 342,000 | 305,250 | 286,000 | 266,000 | |||||||||||
Better | 555,750 | 469,000 | 438,750 | 386,250 | 345,000 | 323,250 | 300,500 | |||||||||||
Bristol | 600,250 | 506,500 | 473,750 | 417,250 | 372,500 | 349,000 | 324,250 | |||||||||||
Notes:
Base New price = manufacturers base price.
% price = estimated sell price (base price + options).
Avg. used = average of used boat asking prices.
# of listings = number of used boat listings used in average
% RV = % of retained value, i.e. residual value as a % of original estimated sell price (base price + options).
BUC Value = Average BUC book value. BUC is the boat equivalent of NADA, Kelly Blue Book, Edmunds, etc. pricing guides for used cars and trucks. "Bristol" denotes a boat in better than factory condition and loaded with extras.
There is no BUC Value data available for the HR 53. Yacht World's broker-only "sold boats" actual sale price data is used instead.
Amel new pricing and wait time based on 2006 Amel Maramu 54 (new model).
Hallberg Rassy estimated new pricing and wait time based on 2006 HR 54 (new model).
Buyers typically spend 10-20% on factory options above the base boat price. Amel has a lower option % because they come fully equipped, including generator, windlass, etc. so buyers don't need to spend as much on options.
Buyers typically spend an additional 5-10% of purchase price on non-factory option equipment (electronics, etc.).
Used boat prices have a wide variance depending on general condition, options, layout, location, etc.
Actual purchase price of used boats is typically 5-10% or more below the asking price.
50' Cruising boat segment pricing considerations and factors:
Used boat prices in this range have recently often been higher than the price paid when the boat was new. This phenomenon has been driven by rapidly escalating new boat prices, in which the price to replace a used boat with something new has grown rapidly, often at a much higher rate than inflation or the Consumer Price Index. For instance, the product range of Island Packet has experienced annual price increases about double the U.S. CPI since 1981.
In addition, the average size of cruising boats has been growing. Ten years ago 40 feet was considered a large cruising boat for a couple, whereas due to increased demands for interior volume, convenience systems, powered winches and furling systems, etc. today's norm is around 50 feet. The relative lack of used blue water capable and suitable cruising boats in the 50' range and this rising demand has consequently driven prices higher in this segment.
Customer loyalty also supports high prices with at least three of these manufacturers: Amel, Hallberg Rassy (HR) and Island Packet (IP). The customers and loyal supporters of these three brands keep their image polished and defend their reputations among potential purchasers. In this list, both Amel (non-yachty) and IP (full keel) must overcome specific design / marketing challenges when compared to more mainstream designs when it comes time for resale. Loyal customer bases are a great asset in this regard.
It is an open question if used boat prices will continue at their current lofty levels in this segment. As with any discretionary product in this price class, this segment is vulnerable to general economic downturns. In particular, a decrease in real estate values may undermine one of the primary sources of capital and leverage used to finance boat purchases of this type. Mitigating factors include the continuing relative economic wealth and health of U.S. baby boomers and their propensity to seek out experiences at ever higher ages.
In balance, it is unknown and perhaps unlikely that used boat prices in this segment will continue to deliver 100% and greater retained value three to five years from now. Any negative delta between the original investment and the resale value must be classified as a cost of shelter and experiences for the duration of the cruising lifestyle chapter.