Builder
LM prices and resale values
A used LM asks a median of £19,000 across 26 boats observed. The range loses value at about the same rate as comparable boats from other builders.
Median asking price of 26 boats listed since Aug 2020, in today's prices · Firm · asking, not sold
- Loses a year, across the range
- 3.8%
- of asking price for each year of age · level with other builders (same mix of types: 3.7%) · from 25 boats in 3 models
- Published models
- 3 + 4 awaiting data
- Boats observed
- 26
The range
Every model by the build years of the boats we have seen, grouped by range. The figure is the median asking price. Dashed models have too few boats to publish yet.
Mermaid Sailing yachts · 1 model
- Mermaid 315, 3 boats observed, built 1984–1985, not yet published
Pilot House Sailing yachts · 1 model
- Pilot House 30, 1 boat observed, built 1983, not yet published
Other models Sailing yachts · 5 models
- LM 27£16,000
- LM 32, 4 boats observed, built 1978–1986, not yet published
- LM 26, 4 boats observed, built 1980–1982, not yet published
- LM 30£27,000
- LM 28£21,500
Which hold value best
Share of asking price lost for each year of age. Shorter is better. The tick marks the same type of boat from other builders. Models need 20 boats across six build years, and a consistent fit, to be ranked.
No LM model has 20 boats across six build years yet, so none can be ranked. 1 model has 10 or more boats.
Against other builders
The four builders whose boats most overlap with LM's by type and length, on the same basis.
| Builder | Models | Boats | Median asking | Loses a year |
|---|---|---|---|---|
| Westerly | 17 | 191 | £15,500 Firm | 1.9% |
| Pearson | 17 | 173 | £19,000 Firm | 2.6% |
| Moody | 20 | 183 | £43,500 Firm | 2.7% |
| LM | 3 | 26 | £19,000 Firm | 3.8% |
| Catalina Yachts | 35 | 712 | £36,500 Firm | 4.0% |
Every model
Sort by any column. Medians are asking prices, not sold prices. Models with fewer than five boats are listed with their count but no figure yet. Built is the span of build years among the boats we have seen.
| LM 27 | Sail | 8.4 m | 1973–1989 | 14 | £16,000 Indicative | — |
|---|---|---|---|---|---|---|
| LM 28 | Sail | 8.9 m | 1983–1988 | 7 | £21,500 Provisional | — |
| LM 30 | Sail | 9.3 m | 1982–1987 | 5 | £27,000 Provisional | — |
| LM 26 | Sail | 8.1 m | 1980–1982 | 4 | awaiting data | — |
| LM 32 | Sail | 9.8 m | 1978–1986 | 4 | awaiting data | — |
| Mermaid 315 | Sail | 9.5 m | 1984–1985 | 3 | awaiting data | — |
| Pilot House 30 | Sail | 9.1 m | 1983 | 1 | awaiting data | — |
Questions about LM prices
How much does a used LM cost?
A used LM asks a median of £19,000 across 26 boats listed since Aug 2020, in today's prices. The middle half ask between £16,000 and £22,500. These are asking prices, not sold prices.
Does a LM hold its value?
Across the range, a used LM loses about 3.8% of its asking price for each year of age, against 3.7% for the same types of boat from other builders.
Why is a LM model missing a price?
We publish a model once five boats have been listed. 4 models are listed above with their count so far, including the LM 26, the LM 32 and the Mermaid 315, and will get a published figure when they reach five.