![]() ![]() “Twenty years ago, you saw people buying these like they were going out of style,” says Rob Lyons, president of the ACBS. Desire transitioned from 1920s and ’30s triple-cockpit boats by Chris-Craft, Gar Wood and Hacker-Craft-all in high demand in the 1990s and early 2000s-to 1940s through 1960s runabouts.Īmid these rising secondary costs, there’s another switch taking place, with prolific collectors giving way to owners with perhaps just a single prized wooden boat but who spend considerable amounts keeping it in prime condition. “After the recession, owners were selling their collections, and those fabulous, grand boats were becoming things people weren’t interested in anymore,” Bortner says. ![]() The market was steady, then shifted drastically around 2009. You Can Now Buy a Ticket for a Virgin Galactic Space Flight-for $450,000 ![]() Mandarin Oriental Will Open Its First Greek Hotel Along the Mediterranean Coast in 2023 Uganda Will Host Its First National Pavilion at the 2022 Venice Biennale “If someone in their 20s wanted a wooden boat like their father or grandfather had, it took them about 30 years before they could afford it.” “We’ve found the ‘age window’ is about 30 years,” says Dave Bortner, owner of Freedom Boat Service in Mayer, Minn., the Midwest’s largest classic-boat dealer and restorer. “What we’re seeing is a younger, more affluent buyer who wants the really high-end stuff.”Īs with classic-car connoisseurs, vintage-boat collectors tend to focus on specific periods, seeking out the most iconic models from favored decades. “It’s not so much aging out as age-shifting,” says Herb Hall, president of Sierra Boat Company, a second-generation sales-and-restoration center on Lake Tahoe. The classic-boat market has seen a shift in the past few years, with many seasoned owners selling off prized mahogany vessels as an influx of first-time buyers enters the market. ![]()
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