Earlier this week, while reviewing a cluster of Mangusta 108 listings across Florida and the Mediterranean, I noticed something that made me pause—two nearly identical 2017 models, both with similar hours, yet separated by almost $400,000 in asking price.
Same yacht platform, wildly different price tags. The difference came down to refit timing, spec depth, and how each boat had been positioned regionally.
If you’re considering a used Mangusta 108, understanding what drives these price gaps matters more than chasing the lowest number on the listing page.
The Mangusta 108, built between 2004 and 2019 by Overmarine Group, sits in a sweet spot for buyers who want serious performance without stepping into the $10M+ range.
Used models typically range from $3.2M to $6.8M, depending on year, hours, and refit quality.
2016–2019 Models: $6.0M – $6.8M
Late-generation boats with updated helm electronics, low hours (under 800), and recent stabilizer retrofits. These appeal to buyers prioritizing modern systems and minimal deferred work.
2012–2015 Models: $4.5M – $5.8M
The market sweet spot. Past steep depreciation but retaining strong performance and solid construction. Stabilizers, updated nav systems, and interior refreshes are common in this range.
2005–2011 Models: $3.2M – $4.5M
Entry-level pricing. Engine hours often exceed 1,200, and interiors may show age. Budget an additional $80K–$150K for cosmetic updates if needed.
Asking prices and actual closed deals rarely align perfectly. Over the past 18 months, I’ve tracked a pattern in Mediterranean and U.S. markets: listings in the $5M to $6M range typically close between 8% and 14% below ask, especially if the boat has been on the market for more than 120 days.
One 2014 model listed at $5.4M in Fort Lauderdale eventually sold for $4.85M after sitting unsold for five months. The delay wasn’t about the boat itself—it was about timing and how aggressively the seller adjusted after initial showings.
The takeaway: asking prices reflect optimism; sold data reflects reality.
Depreciation on the Mangusta 108 follows a fairly predictable curve, but a few factors can shift it dramatically.
What changes the curve? Engine hours, stabilizer upgrades, and interior condition. A 2012 model with under 800 hours and Seakeeper stabilizers will hold value better than a 2014 with 1,600 hours and original ride control.
I also noticed that boats with documented annual haul-outs and bottom paint work tend to attract stronger buyer confidence, which translates into firmer pricing.
Regional demand matters, too. U.S.-flagged boats in South Florida often move faster than Mediterranean listings, partly due to simpler paperwork and stronger demand for performance-oriented yachts in American waters.
Owning a Mangusta 108 isn’t just about the purchase price—ongoing costs add up quickly.
Annual Maintenance: $80,000 – $120,000
Covers routine service for the twin MTU 16V2000 M94 engines, generator upkeep, bottom cleaning, and basic cosmetic touch-ups. Engine hours drive service intervals.
The MTU Series 2000 engines deliver 2,600 horsepower each at 2,450 RPM, using advanced common-rail injection and sequential turbocharging. These engines are designed for high-speed applications, but they require regular, documented maintenance to perform reliably.
Insurance: $35,000 – $55,000/year
Varies by coverage level, cruising area, and owner experience. Higher speeds and Mediterranean cruising can nudge premiums upward.
Dockage: $50,000 – $90,000/year
For a 108-footer in premium marinas like Miami Beach Marina or Port Vauban in Antibes. Seasonal rates and transient slips can lower this if you’re flexible.
Fuel: Usage-driven
At cruise (around 28 knots), the Mangusta 108 burns roughly 220 to 240 liters per hour. A weekend run from Miami to the Bahamas can easily consume $4,000 to $6,000 in fuel.
Crew (if applicable): $120,000 – $180,000/year
Full-time crew—typically a captain and one or two additional crew—add salaries, benefits, and crew-related expenses. If you’re planning to operate the boat yourself part-time, this can be trimmed.
Before committing to any used Mangusta 108, here’s what I’d focus on:
Request full maintenance logs from an Overmarine-approved service center. Gaps in documentation or deferred service can signal future problems. If hours exceed 1,500, a pre-purchase engine survey from a certified MTU technician is essential.
A recent haul-out report (within the past 12 months) should show bottom paint quality, shaft alignment, and any osmosis or stress cracks. According to industry analysis on performance yachts, Mangusta hulls are built tough using GRP composite construction, but high-speed use can reveal weaknesses over time.
Many older models didn’t come with stabilizers, and retrofitting a Seakeeper or Naiad system adds $150,000 to $250,000. If stabilizers matter to you, factor this into your offer if they’re absent.
Overmarine’s interiors age gracefully when maintained, but sun exposure, saltwater intrusion, and deferred care show up quickly. Check teak sole condition, upholstery wear, and galley appliance functionality. A full interior refresh can run $80,000 to $150,000.
Older boats may still have original Furuno or Raymarine systems from the mid-2000s. Upgrading to modern multifunction displays, radar, and AIS can cost $40,000 to $70,000.
Never skip the sea trial. The Mangusta 108’s performance is its signature—if it doesn’t hit expected speeds (mid-30s at WOT) or feels sluggish, something’s off.
One pattern I’ve seen: boats with complete, transparent records and proactive refit work move faster and hold value better than those with vague histories or deferred maintenance.
From a historical perspective, the Mangusta 108 emerged during Overmarine’s peak period of MaxiOpen development. The Balducci family, who founded Overmarine in 1985, built the brand on a simple premise: combine high-speed performance with genuine livability in the open yacht segment.
The 108 represents this philosophy at its most mature. At 33.5 meters, it bridges the gap between day-cruiser speed and true expedition capability, offering a comfortable cruising speed of 30 knots while maintaining respectable range.
According to yacht market research from Grand View Research, performance yachts in the 100–110-foot range have shown consistent demand among high-net-worth buyers who prioritize speed and Mediterranean-style open layouts over traditional displacement cruising.
The used Mangusta 108 market rewards patience and homework. If you find a boat with solid hours, recent maintenance, and clean documentation, you’re looking at a yacht that delivers serious performance with manageable long-term ownership costs—as long as you’re prepared for the operational realities of a high-speed cruiser.
Focus on examples with complete service histories, documented annual maintenance, and transparent upgrade records. These elements matter more than calendar age and will give you both confidence during ownership and stronger resale performance when the time comes.
Before we wrap up, here are a few previous posts you might want to explore next.
