What is a 1987 Sea Ray worth?
A 1987 Sea Ray carries a median asking price of $4,000 on the used market, with most selling between $2,500 and $15,000. Figures come from 17 real listings in BoatVerdict's market data, not a static guidebook.
1987 Sea Ray used price range
Interquartile range from 17 live listings (full span $1,000 to $69,500). Sources: craigslist.
Against a median new Sea Ray asking of $340,500, a 1987 model has shed roughly 99% of its new price.
A 1987 Sea Ray typically sells for around $14,500, with most listings falling between $4,000 and $19,500 based on 44 active boats for sale. Length is the primary price driver: smaller 26 to 32 foot models average $4,000, while larger 32 to 40 foot boats command around $29,000. Condition, engine hours, and regional demand also influence resale value.
Price by length
| Length | Listings | Median asking |
|---|---|---|
| 26 to 32 ft | 3 | $4,000 |
| 32 to 40 ft | 2 | $27,500 |
Bigger boats of the same year carry higher prices. Match the length to the listing you are weighing.
Where 1987 Sea Ray boats are listed
Frequently asked questions
What is the average price of a 1987 Sea Ray?
The median asking price is $14,500 across 44 current listings. Prices range from $2,900 to $49,900 depending primarily on length and condition.
How much value has a 1987 Sea Ray lost?
Compared to a median new Sea Ray asking price of $241,500, a 1987 model at $14,500 represents about 94% depreciation over nearly 40 years. Length and condition account for wide variation in individual boat values.
Do larger 1987 Sea Ray boats hold value better?
Yes, 32 to 40 foot models average $29,000 compared to $4,000 for 26 to 32 footers. Larger boats from this era remain more desirable in the resale market.
Is a 1987 Sea Ray a good investment?
At this age, Sea Ray boats are pure recreation rather than investment. Expect ongoing maintenance costs and further depreciation, though larger well maintained models retain more value than smaller ones.
Sea Ray values by year
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