In the SR yachts ranging between 2000 and 2008 and between 40 and 65 feet there seems to possibly be a market / desire to host a complete retrofit of these hulls including new engines and drives, electronics, cabinetry and systems. With the price point of new boats feasibility is promising. There is a high desirability for the hull designs in these year and size ranges. So, in my case for example (2006 52DB) a complete retrofit could be accomplished in the range of $400K which puts the boat in the $1.2M market with all of the burdens. Comparable new boats of this size and style are now in the range of $1.9M to $2.3M. Issues would obviously be in financing and insurance for potential owners so a way to modify (maybe) the HIN to indicate a new boat would need to happen.
Thoughts?
Tom
Thoughts?
Tom