Howard Custom 36 Bullet Closed Bow vs Ranger Tugs R 23: 5-year value retention (71% vs 71%), resale value, and cost of ownership head-to-head. Ranger Tugs R 23 holds its value better.
On five-year value retention the Ranger Tugs R 23 comes out ahead, holding about 71% of its value versus 71% for the Howard Custom 36 Bullet Closed Bow. Over the first five years the Ranger Tugs R 23 loses roughly $52,406 while the Howard Custom 36 Bullet Closed Bow loses about $130,500 — a gap near $78,094.
First-year drop is the biggest factor: the Ranger Tugs R 23 sheds about 20% in year one versus 6% for the Howard Custom 36 Bullet Closed Bow. If you buy used, the steeper early drop is what the original owner absorbs.
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