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Hull Gauge
Recomputed 5 Nov 2026, 03:30 UTC

Morgan 382vsPearson 365

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

At the same age, the Pearson 365 asks 5.4% less than the Morgan 382; on the headline Gauge Values it asks 8.2% less, which compares the whole fleets rather than boats of the same age. We can't yet say which holds its value better: the Morgan 382 has no published depreciation curve.

same age · 4 shared build years · 18 and 15 boats in them · Indicative · in today’s prices · asking, not sold

02

Year by year

Each build year's Gauge Estimate, for the 4 years both have boats in. Pooled across those years (18 and 15 boats), the Pearson 365 asks 5.4% less than the Morgan 382.

Morgan 382Year builtPearson 365
£24,000 (19)
1981−4.2%
1980−4.2%
£23,000 (18)
1979−6.1%
£23,000 (21)
1978−6.0%
£23,500 (21)
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

£11.5k£24.5k£37.5k
Morgan 382
1982
newest build year whose Gauge Estimate is at or under £23,500 (£23,500, 14 comparable boats)
1
of the 2 boats listed now asks £23,500 or less
Pearson 365
1981
newest build year whose Gauge Estimate is at or under £23,500 (£23,000, 15 comparable boats)
0
the one boat listed now asks more than £23,500

At £23,500 your money buys a year newer in the Morgan 382: a 1982 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.

Morgan 382MeasurePearson 365
withheld
Depreciation (not in total)
about level
£5,750
Berth
£5,750
£1,850
Maintenance
£1,700
£550
Lift-out and antifoul
£550
£250
Insurance
£250
£550
Fuel
£450
£8,950
Total a year, before depreciation
£8,700 (better)

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 Morgan 382 has no published depreciation curve, so its depreciation is withheld.

The Pearson 365's asking prices are about level with age on its curve (under 1% a year), so no depreciation figure is printed.

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

Morgan 382MeasurePearson 365
11.63 mfrom listings
Length overall
11.10 mfrom listings
Sail
Type
Sail
—
Years built
1976–1982from listings
“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 Morgan 382 or the Pearson 365?

At the same age the Pearson 365 is cheaper: the Pearson 365 asks 5.4% less than the Morgan 382 across 4 shared build years. Their Gauge Values, the median asking prices of all the boats we observed whatever their age, are £24,500 and £22,500.

Which holds its value better?

We can't say yet. The Pearson 365's asking prices are about level with age, but the Morgan 382 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 19 Morgan 382 boats across 5 build years.

Which spends less time on the market?

Boats of the Pearson 365 had been listed a median of 40 days when we last saw them; too few Morgan 382 boats were seen on two dates to say. That is time listed so far, not time to sell, which we don't measure yet. 13% of the Pearson 365 boats we saw 14 or more days apart cut their asking price; too few Morgan 382 boats were seen that far apart to say.

How do you compare them like for like?

We compare boats of the same build year. For each of the 4 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 15 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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