Morgan 382 Buyer's Guide
The Morgan 382 is one of those quietly compelling boats that reveals itself only once you look past its understated profile — a Ted Brewer design built for cruising rather than showmanship, and it delivers on that promise in ways that matter on the used market. Introduced in 1977 and built through 1986 across three closely related variants — the 382, 383, and 384 — this is a boat with a genuine offshore pedigree, a devoted owner community, and the kind of seakindly motion that makes long passages bearable. Buying a used one means understanding its quirks alongside its virtues, and there are specific things worth putting on your survey checklist.
Layouts on the Used Market
The interior arrangement across the 382 family is consistent and practical: V-berths forward, a separate head with an enclosed shower, a main saloon with an L-shaped settee to port and a wider settee with a pilot berth to starboard, a workable nav station, and a galley aft in the port quarter — with a quarter berth opposite to starboard at the nav station. It is a layout that suits a couple living aboard or cruising with occasional guests, though the V-berth tends to run on the small side owing to the boat's fine entry.
The 383 variant brought a taller rig, while the 384 introduced a larger rudder, interior tweaks, and teak Dorade vents that addressed the persistent ventilation complaints from early owners. On boats still carrying the original main-cabin configuration, the drop-leaf saloon table comfortably seats two rather than a full crew, and many owners have fitted a modified or extended table over the years. The quarter berth doubles as storage on many examples. The all-wood interior is genuine, warm, and functional — though it reads a little dark, particularly in models that haven't had any brightening done.
Equipment and Common Upgrades
The boats that circulate on the brokerage market commonly arrive with an autopilot and a chartplotter already installed, reflecting the practical sensibility of owners who have actually cruised these boats rather than day-sailed them. Biminis and dodgers are almost universally present — this is a passage-making crowd, and cockpit shelter matters. The cockpit itself is well protected and affords good visibility in all directions, which makes the addition of a canvas package a natural fit.
Solar panels, a hot-water system, and AIS are frequently seen as owner upgrades, typically reflecting boats that have done some serious time at anchor or made extended passages. The anchoring arrangement from the factory — a single roller and basic mooring hardware — was considered adequate for its era but marginal by cruising standards, so a second anchor roller and upgraded cleats and mooring bitts are a frequent owner retrofit worth looking for. The prop situation is worth noting: the factory two-blade makes for cautious maneuvering under power in reverse, and a number of owners have moved to a three-blade prop, which improves power handling at some cost to upwind sailing efficiency.
Engine-wise, the Perkins 4-108 at fifty horsepower is the most desirable powerplant in the family and was the most commonly fitted. Some early examples carry a first-generation Yanmar 3QM30, which is considerably noisier and more prone to vibration. A well-maintained Perkins in this installation is a known quantity with good parts availability and a long service history.
What to Inspect
The Morgan 382 family rewards a thorough survey, and several structural and construction characteristics deserve specific attention.
The early 382s had a documented issue with the aft bulkhead in the head compartment not being fiberglassed to the hull, which allowed the mast load to push downward on the keel. Morgan launched a recall program to address this, and most boats in circulation have been corrected, but confirming that the bonding is sound is a priority on any pre-purchase survey.
Hull lamination is a variable. Some 382 hulls were cored, others were not, with Airex foam being the most common core material. One owner survey respondent noted hull skin thickness on either side of the Airex that was thin — roughly one-eighth inch inside and one-sixteenth outside — though the designer disputed the significance given the stiffness provided by sandwich construction. On any cored example, probe for moisture intrusion at the coring, particularly around hardware penetrations and along the waterline.
Blistering was reported by a meaningful share of owner survey respondents, with Hetron fire-retardant resin used on earlier hulls implicated in some cases. None of the reported cases were described as severe, but osmotic blistering is worth assessing carefully, particularly on earlier hulls.
The keel deserves special scrutiny. The aft section of the keel on the 382 houses a fifteen-gallon integral holding tank, which compromises keel integrity in that section and makes the tank itself difficult to service. Confirm the condition of the tank, inspect the keel-to-hull joint carefully, and understand that this arrangement is a known structural compromise.
The skeg-mounted rudder is preferable to a spade for offshore work, but skegs can be difficult to attach strongly to the hull, and the joint should be inspected for any signs of movement or separation. The mast on earlier examples was a simple extruded spar with a utilitarian character; a custom tapered replacement is a meaningful upgrade some owners have made.
Directional stability running downwind is not a strength of the design — off-wind tracking with a beamy fin-keel layout is a recognized trade-off — so be realistic about passage-making in trade-wind conditions, and confirm whether the current owner has addressed this through mast rake adjustments or other means.
Availability and Buyer's Takeaway
The Morgan 382, 383, and 384 circulate most actively in United States waters, with a concentration along the East Coast and the Gulf Coast reflecting the boat's Florida origins and the Chesapeake and coastal cruising community that has embraced it. Examples also appear in Mexican marinas and in the Great Lakes, and the boat is occasionally found in European listings. With a substantial production run across the three variants, finding one is not difficult; finding a well-maintained example with documented survey history, a Perkins 4-108, and proper bulkhead bonding already confirmed takes a bit more patience but rewards it.
Before signing, work through this list:
- Confirm the head compartment aft bulkhead is properly bonded to the hull
- Survey the keel-to-hull joint and the integral holding tank in the aft keel section
- Probe cored hull sections for moisture, particularly around through-hulls and hardware
- Inspect for osmotic blistering, especially on earlier hulls
- Identify the engine: Perkins 4-108 is strongly preferred over the early Yanmar
- Assess the skeg-to-hull attachment for any movement or delamination
- Check that the anchor system has been upgraded with a second roller and stout deck hardware
- Confirm cockpit scupper size is adequate and not prone to flooding under load
- Verify ventilation has been improved — Dorade vents on 384s, added ports or hatches on earlier boats
- Ask about mast rake adjustments made to improve off-wind balance
Price & volume trends
Monthly asking-price and listing-volume trends for the Morgan 382. The line shows the median ask each month; the bars show how many listings appeared.
Monthly breakdown · 10 rows
| Month | Listings | Median ask | Δ vs. last mo. |
|---|---|---|---|
| Jan 25 | 1 | $39,900 | — |
| Mar 25 | 2 | $29,450 | -26.2% |
| Apr 25 | 1 | $30,000 | +1.9% |
| May 25 | 2 | $42,000 | +40.0% |
| Sep 25 | 1 | $42,000 | 0.0% |
| Feb 26 | 4 | $37,900 | -9.8% |
| Mar 26 | 3 | $35,900 | -5.3% |
| Apr 26 | 10 | $30,400 | -15.3% |
| May 26 | 3 | $42,000 | +38.2% |
| Aug 26 | 5 | $42,000 | 0.0% |
Where they're listed
Morgan 382 listings appear across 1 country. United States has the most listings with 23.
Country view
23 listings · 1 country| Country | Median ask | Listings · 12 mo | Active · 90 d | Share |
|---|---|---|---|---|
| United States | $35,900 | 23 | 3 | 100.0% |
Comparable models
Similar length, displacement, and era. Open a row to compare that model's market page.
Similar boats to compare
11 similar designs| Model | LOA | Median ask | Listings · 12 mo | Active · 90 d |
|---|---|---|---|---|
| Morgan Yachts 461/462 | 46.5' | $ 74,900 | 41 | 3 |
| Morgan 383/384 | 38.33' | $ 42,375 | 28 | 2 |
| Morgan 382You are here | — | $ 35,900 | 26 | 6 |
| Morgan Yachts Morgan 44 | 44' | $ 95,000 | 23 | 1 |
| Morgan Yachts 34 | 34' | $ 40,000 | 15 | 4 |
| Morgan Morgan 38 | 38.42' | $ 67,200 | 12 | 3 |
| Hallberg-Rassy 382 | 38.12' | $ 137,671 | 11 | 3 |
| Catalina Morgan 45 | 45.25' | $ 40,000 | 11 | 8 |
| Morgan 40 Cruising Ketch | 40.16' | $ 26,000 | 11 | 2 |
| Morgan Morgan 381 | 39.67' | $ 50,000 | 9 | 7 |
| Morgan Yachts 32 | 31.92' | $ 26,985 | 7 | 0 |
