Beneteau First 40.7vsIsland Packet 350
Beneteau against Island Packet · used asking prices, listed in Europe and the US
At the same age, the Island Packet 350 asks 44% more than the Beneteau First 40.7; on the headline Gauge Values it asks 36% more, which mixes ages: its boats are older (median build year 1999 against 2001). The Island Packet 350 holds its value better (about level with age, against 2.4% a year).
same age · 6 shared build years · 13 and 15 boats in them · Indicative · in today’s prices · asking, not sold
Head to head
The better figure on each line is in orange. Where either side has too few boats, we say so rather than pick a winner.
Year by year
Each build year's Gauge Estimate, for the 6 years both have boats in. Pooled across those years (13 and 15 boats), the Island Packet 350 asks 44% more than the Beneteau First 40.7.
What your budget buys
At £80,000, only the Beneteau First 40.7 has a build year within reach.
A year of ownership
Each at its Gauge Value, on a South Coast marina berth, 44 engine hours a year (the median of 103 UK-listed sailing boats that report hours). An estimate in pounds from published rates, not a quote.
Each line is the middle of the cited range, to the nearest fifty pounds. Depreciation is a year of age on each model's published curve, at its Gauge Value, and stays out of the totals.
The Island Packet 350's asking prices are about level with age on its curve (under 1% a year), so no depreciation figure is printed.
The totals differ by less than the two berth bands do, so neither is marked cheaper to keep.
Sources: Lake Yard price list 2026 · BerthFinder · Boatsetter · Velos Insurance; Admiral Yacht Insurance · Boating Magazine, "Calculating Boat Fuel Consumption" · Littlehampton Marina fuel prices
Specification
Questions
Which is cheaper, the Beneteau First 40.7 or the Island Packet 350?
At the same age the Beneteau First 40.7 is cheaper: the Island Packet 350 asks 44% more than the Beneteau First 40.7 across 6 shared build years. Their Gauge Values, the median asking prices of all the boats we observed whatever their age, are £67,000 and £91,000.
Which holds its value better?
The Island Packet 350: its asking prices are about level with age, against 2.4% a year for the Beneteau First 40.7. Both rates come from each model's published depreciation curve.
Which spends less time on the market?
Boats of the Beneteau First 40.7 had been listed a median of 222 days when we last saw them, against 25 days for the Island Packet 350. That is time listed so far, not time to sell, which we don't measure yet. 20% of the Beneteau First 40.7 boats we saw 14 or more days apart cut their asking price, against 8% of the Island Packet 350 boats.
How do you compare them like for like?
We compare boats of the same build year. For each of the 6 years both models have boats in, we take the ratio of their median asking prices in today's prices, then pool the years, giving more weight to years with more boats on both sides. The figure is Indicative because the thinner side has 13 boats in those years. The Gauge Values compare the whole fleets instead, so they mix boats of different ages.