Euro Mac prices on the riseOctober 3, 2012
Back in April this year I posted a short article on strong asking prices for 32ft Macwesters (click here) in the Eurozone.
Now that we’re at the end of the 2012 season, there doesn’t appear to be any softening of asking prices …in fact if anything they appear to have drifted up a little according to two examples that I noticed for sale recently.
There was a €40,000 Macwester Wight MK II for sale lying in Germany and a €38,000 Macwester Malin for sale lying in Turkey (best I can tell). With the current Euro/GBP exchange rate that places both of those examples North of £30,000. While I haven’t done the math on the exchange rate now versus the exchange rate back in April, these remain pretty healthy valuations given the prolonged economic downturn, and typical softening of prices at the end-of-season.
If this upwards trend continues, I might have to dig out my polish!