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Banks Panga 22 keeps an estimated 56% of its value after 5 years — #5398 of 5780 boats VINdown tracks. See the full curve and the best year to buy.
Per VINdown's modeling, the Banks Panga 22 retains an estimated 56% of its value after five years, ranking #5398 of 5780 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 2, a lightly-used Banks Panga 22 bought at 2 years 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 56% of its value after five years — worse than most among the 5780 boats VINdown tracks (ranked #5398).
From about $92,818 when new it drops to roughly $52,349 after five years — a loss near $40,469 (56% of its value retained).
Around 2 years old: that is just past the steepest depreciation, so you skip the biggest drop while the value curve is flattening.