2014 Quorning Boats Dragonfly 32 Supreme — San Carlos, Panama

A 2014 Dragonfly 32 Swing Wing Supreme lying at San Carlos, asking $240,000 through The Multihull Company. Quorning Boats' signature is the Swing Wing — floats that fold aft to take the 26-foot beam into an ordinary berth — and the 32, series-built in Denmark 2012–2019, carried the idea to full cruising size: CE Category A, a 2013 European Yacht of the Year nominee, SAIL's Best Multihull 31–40 ft in 2014. The Supreme is the sportier of the model's two packages, with the taller carbon rig and more sail.

Two honesty notes. We hold no sister 32 Supreme, so $240,000 cannot be tested against another example of the model. And the boat has been listed 352 days — a year of asking is itself information, and the broker conversation starts there.

What the shelf does place is the position: of the ten folding tris we compare it with, only the yard's own 2021 32 Evolution asks more; every newer boat from another yard — Corsair, Farrier, Tricat, 2018 through 2022 — asks $179,000 to $225,000. A 2014 priced over younger rivals on the strength of the marque, it belongs with the folding trimarans that can cross an ocean — and must earn its premium there.

If that premium is the sticking point, the cross-check is the 2018 Farrier F-32SR in southeast England — the rival design a shade longer, four years newer, $17,750 less:

Inside the yard the money runs the other way: a 2014 Dragonfly 28 at Chichester is the same Swing Wing idea one size down, $73,626 under this boat:

And if it is precisely this hull you want, only newer, the model's successor — a 2021 Dragonfly 32 Evolution at La Rochelle — is the upgrade, at $388,800:

Between those doors, this is the only Dragonfly 32 we hold under $250,000 — the one to survey first: