Loading the interactive terminal…
Banks Panga 22 keeps an estimated 56% of its value after 5 years — #5452 of 5818 boats VINdown tracks. See its full depreciation curve, cost per day, and best model year to buy.
Per VINdown's modeling, the Banks Panga 22 retains an estimated 56% of its value after five years, ranking #5452 of 5818 boats we track. That trails the 66% five-year average for Bowrider in its class by 10 points, so it depreciates faster than most rivals.
Most of the loss lands early: the Banks Panga 22 sheds about 14% of its value in year one alone. From roughly $92,818 it falls to around $52,349 by year five — a five-year loss near $40,469, about $22.17 a day in depreciation.
Because the steepest drop hits around year 1, a lightly-used Banks Panga 22 bought at 1 year old lets the first owner absorb the worst of the depreciation while the curve flattens — usually the value sweet spot. Explore the full year-by-year curve, trims, and true cost of ownership in the Model Lab above.
It keeps an estimated about 56% of its value after five years — worse than most among the 5818 boats VINdown tracks (ranked #5452).
From about $92,818 it drops to roughly $52,349 after five years — a loss near $40,469 (56% retained).
Around 1 year old: that is just past the steepest depreciation, so you skip the biggest drop while the value curve is flattening.