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Shoalwater Boats by Shoalwater 23 CAT keeps an estimated 70% of its value after 5 years — #1915 of 5780 boats VINdown tracks.
Per VINdown's modeling, the Shoalwater Boats by Shoalwater 23 CAT retains an estimated 70% of its value after five years, ranking #1915 of 5780 boats we track. That is 3 points above the 66% five-year average for Bowrider in its class, so it holds value better than most rivals.
Most of the loss lands early: the Shoalwater Boats by Shoalwater 23 CAT sheds about 9% of its value in year one alone. From roughly $49,620 it falls to around $34,485 by year five — a five-year loss near $15,135, about $8.29 a day in depreciation.
Because the steepest drop hits around year 3, a lightly-used Shoalwater Boats by Shoalwater 23 CAT bought at 3 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 70% of its value after five years — better than most among the 5780 boats VINdown tracks (ranked #1915).
From about $49,620 when new it drops to roughly $34,485 after five years — a loss near $15,135 (70% of its value retained).
Around 3 years old: that is just past the steepest depreciation, so you skip the biggest drop while the value curve is flattening.