Do boats hold their value?

River cruisers are seen as a long term commodity; many craft built 40 years ago are still going strong and offering good service. For this reason they do tend to hold their value well. Clearly if a new boat is purchased and sold soon afterwards it will depreciate substantially. An older boat kept in very good condition may well hold its value or only depreciate by 10-15%. Age is not a huge factor in a boats value it is the history and condition that matter.