[Paddlewise] Used kayak values (boat depreciation)

Is there a "rule of thumb" about the annual depreciation of a composite 
sea kayak's value?
With cars it's simple to calculate based on age and mileage, but what 
about with boats?

Let's say about is $2500 new. My sense is that after a year it should be 
about $2000. But what about after 3 years? 5 years? 7 years? Assuming the 
boat is in good condition, I would expect the used price to level out at 
some figure. 50 percent of its new value? 40 percent?

Perhaps there's a rule of thumb from the world of power boats and 
sailboats. Would it apply to sea kayaks?

(all this prompted by the dicussion of the Dagger Apostle on Paddlewise)

Curious,

Jason Taylor
Rosendale, NY



***************************************************************************
PaddleWise Paddling Mailing List - All postings copyright the author and not
to be reproduced outside PaddleWise without author's permission
Submissions:     paddlewise_at_lists.intelenet.net
Subscriptions:   paddlewise-request_at_lists.intelenet.net
Website:         http://www.paddlewise.net/
***************************************************************************