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Hull Gauge
Recomputed 5 Nov 2026, 03:30 UTC

Ericson 38vsMorgan Out Island 41

Ericson against Morgan · used asking prices, listed in the US

At the same age, the Morgan Out Island 41 and the Ericson 38 show no settled difference: pooled across the shared build years the Morgan Out Island 41 asks 28% more than the Ericson 38, but each year's Gauge Estimate points the other way. We can't yet say which holds its value better: the Ericson 38 has no published depreciation curve.

same age · 6 shared build years · 10 and 11 boats in them · Indicative · in today’s prices · asking, not sold

02

Year by year

Each build year's Gauge Estimate, for the 6 years both have boats in. Pooled across those years (10 and 11 boats), the Morgan Out Island 41 asks 28% more than the Ericson 38. Taken together, the estimates below point another way: each draws on boats built up to three years either side, while the same-age figure pairs boats of exactly the same build year, and with this few boats the two can differ. Read the same-age figure as Indicative, not settled.

Ericson 38Year builtMorgan Out Island 41
£36,000 (10)
1983−21%
£28,500 (8)
£33,000 (9)
1982−12%
£29,000 (9)
£29,500 (9)
1981−1.7%
£29,000 (10)
—
1980—
£29,000 (11)
Gauge Estimate by year built · comparable boats in brackets, built within three years either side · — below eight comparable boats; a year where neither has eight is left out · the gap is the right-hand model against the left
03

What your budget buys

£12k£33k£54k
Ericson 38
1981
newest build year whose Gauge Estimate is at or under £32,000 (£29,500, 9 comparable boats)
7
of the 14 boats we observed were asking £32,000 or less, in today's prices (none listed now)
Morgan Out Island 41
1983
newest build year whose Gauge Estimate is at or under £32,000 (£28,500, 8 comparable boats)
1
the one boat listed now asks £32,000 or less

At £32,000 your money buys 2 years newer in the Morgan Out Island 41: a 1983 against a 1981.

04

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.

Ericson 38MeasureMorgan Out Island 41
withheld
Depreciation (not in total)
£1,400
£5,750
Berth
£6,900
£2,400
Maintenance
£2,350
£550
Lift-out and antifoul
£600
£300
Insurance
£300
£350
Fuel
£700
£9,350 (better)
Total a year, before depreciation
£10,850

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 Ericson 38 has no published depreciation curve, so its depreciation is withheld.

Sources: Lake Yard price list 2026 · BerthFinder · Boatsetter · Velos Insurance; Admiral Yacht Insurance · Boating Magazine, "Calculating Boat Fuel Consumption" · Littlehampton Marina fuel prices

05

Specification

Ericson 38MeasureMorgan Out Island 41
11.58 mfrom listings
Length overall
12.50 mfrom listings
Sail
Type
Sail
—
Years built
1971–1980from listings
usually Universal 32 hpfrom listings
Engine (as listed)
—
“from listings” marks figures read from the listings themselves; unmarked figures are from our model register and not yet checked against a builder’s published source.
06

Questions

Which is cheaper, the Ericson 38 or the Morgan Out Island 41?

There is no settled difference at the same age. Pooled across 6 shared build years the Morgan Out Island 41 asks 28% more than the Ericson 38, but year by year our Gauge Estimates point the other way, so read the same-age figure as Indicative, not settled. Their Gauge Values, the median asking prices of all the boats we observed whatever their age, are £32,000 and £31,000.

Which holds its value better?

We can't say yet. The Morgan Out Island 41 loses about 4.6% of its asking price a year of age, but the Ericson 38 has no published depreciation curve: we fit one from at least 20 boats across six build years and publish it only when the fit holds. We have 13 Ericson 38 boats across 8 build years.

Which spends less time on the market?

Boats of the Ericson 38 had been listed a median of 132 days when we last saw them, against 410 days for the Morgan Out Island 41. That is time listed so far, not time to sell, which we don't measure yet. 33% of the Ericson 38 boats we saw 14 or more days apart cut their asking price, against 67% of the Morgan Out Island 41 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 10 boats in those years. The Gauge Values compare the whole fleets instead, so they mix boats of different ages.

Other comparisons

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