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Generally if something costs more (and have been sold at said cost), it's because someone thinks it is worth that much.
by craftyguy 8y ago
Generally if something costs more (and have been sold at said cost), it's because someone thinks it is worth that much.
- Retric 8y agoAt the time of sale sure, but try selling your five year old car for original sticker price.
- SmellyGeekBoy 8y agoIf it's something like a Bugatti Veyron, sure, why not? Surely these superyachts fall into that category?
- Retric 8y agoOnly if their is something specific about it that makes them noteworthy. Generally people are buying yachts to be used and they really do age. PS: You can buy a used Bugatti Veyron for below initial sticker price even ignoring inflation. https://www.dupontregistry.com/autos/listing/2006/bugatti/veyron/1884409 https://www.dupontregistry.com/autos/listing/2006/bugatti/ve...
- cuboidGoat 8y agoYachts are a hole in the water into which you pour money. They are fun, but the sea doesn't care about your wish for an asset.