arto
Well-Known Member
...or so it says here. Is this happening in the UK yet?
http://www.nytimes.com/2009/04/01/business/01boats.html?_r=1
http://www.nytimes.com/2009/04/01/business/01boats.html?_r=1
Abandoned yachts littering the USA
- Thread starter arto
- Start date
webcraft
Well-Known Member
[ QUOTE ]
Marina and maritime officials around the country say they believe, however, that most of the abandoned vessels cluttering their waters are fully paid for. They are expensive-to-maintain toys that have lost their appeal.
[/ QUOTE ] Sorry, I don't quite get this. There are still plenty of people who will give you a few hundred quid for your unwanted yacht and save you being prosecuted for fly tipping.
I don't believe this article in any way reflects a trend, but if any of you do have a yacht between 33 and 44 feet that you can no longer afford and want to ditch please PM me before abandoning her.
- W
Marina and maritime officials around the country say they believe, however, that most of the abandoned vessels cluttering their waters are fully paid for. They are expensive-to-maintain toys that have lost their appeal.
[/ QUOTE ] Sorry, I don't quite get this. There are still plenty of people who will give you a few hundred quid for your unwanted yacht and save you being prosecuted for fly tipping.
I don't believe this article in any way reflects a trend, but if any of you do have a yacht between 33 and 44 feet that you can no longer afford and want to ditch please PM me before abandoning her.
- W
photodog
Lord High Commander of Upper Broughton and Gunthor
I am willing to take in any orphaned Oysters, I run the official
Nottingham Oyster Rescue home.
PM me in confidence if you need a loving home for any Oyster 55 that is suffering from behaviour problems, or that you can no longer afford to feed.
Nottingham Oyster Rescue home.
PM me in confidence if you need a loving home for any Oyster 55 that is suffering from behaviour problems, or that you can no longer afford to feed.
FullCircle
Well-Known Member
True, I have a low value 22ft boat on ebay that will go for a few hundred quid this week. Better that than pay another years storage with no hope of me getting round to restoring it.
Bodach na mara
Well-Known Member
Well it is not a new phenomenon. Abandoned boats have been a feature of our own landscape for many years. I am not saying that there were lots of them, but there have always been a few. I have chased after a few with odd results.
I remember Adam's yard breaking up an old 8-metre at a time I did not have a boat and being mad that they had done so. I played badminton with the yard manager and he told me that the owner had walked away and left a load of unpaid storage bills and that he considered the boat unseaworthy and unsaleable.
Another boat was at the boatyard in Port Glasgow. It looked abandoned but repairable, so I got the owners name and asked if he wanted to sell. He got very stroppy and told me to get lost, he planned to do the boat up the next year. It was later burned.
Then there was the one that kept sinking in Bowling basin. The head lock keeper told me that he had been given a telling off for pasing on the owner's name to one interested buyer. Again, the boat was a total loss in the end.
Looking around the yards today, I can see several that may well be abandoned. And they are costing their owners large sums of money in storage. Could we be about to see similar stories on this side of the Atlantic?
I remember Adam's yard breaking up an old 8-metre at a time I did not have a boat and being mad that they had done so. I played badminton with the yard manager and he told me that the owner had walked away and left a load of unpaid storage bills and that he considered the boat unseaworthy and unsaleable.
Another boat was at the boatyard in Port Glasgow. It looked abandoned but repairable, so I got the owners name and asked if he wanted to sell. He got very stroppy and told me to get lost, he planned to do the boat up the next year. It was later burned.
Then there was the one that kept sinking in Bowling basin. The head lock keeper told me that he had been given a telling off for pasing on the owner's name to one interested buyer. Again, the boat was a total loss in the end.
Looking around the yards today, I can see several that may well be abandoned. And they are costing their owners large sums of money in storage. Could we be about to see similar stories on this side of the Atlantic?
out_to_sea
Well-Known Member
I'll have any thing good going... /forums/images/graemlins/smile.gif
Ken_Irby
N/A
We know a man
who is too young to get a uk state pension; his retirement fund is mostly property; he has a boat; the boat is based in the eu med so his mooring costs have just gone up 40%; he spent most of his cash educating his children; his health is not all that good; he cannot sell his business because nobody has the money to buy it; if he does manage to sell, what income can he expect from his capital. these are bad, very bad times.
Kentrina
who is too young to get a uk state pension; his retirement fund is mostly property; he has a boat; the boat is based in the eu med so his mooring costs have just gone up 40%; he spent most of his cash educating his children; his health is not all that good; he cannot sell his business because nobody has the money to buy it; if he does manage to sell, what income can he expect from his capital. these are bad, very bad times.
Kentrina
webcraft
Well-Known Member
Re: We know a man
[ QUOTE ]
these are bad, very bad times
[/ QUOTE ] Sorry to hear of your troubles - but why on earth would you abandon your boat rather than sell it - unless of of course you had negative equity in it and it was an insurance job.
- W
[ QUOTE ]
these are bad, very bad times
[/ QUOTE ] Sorry to hear of your troubles - but why on earth would you abandon your boat rather than sell it - unless of of course you had negative equity in it and it was an insurance job.
- W
Twister_Ken
Well-Known Member
Re: We know a man
To sell successfully you need to find a buyer prepared to offer more than any outstanding finance debt and yard fees. In the US people are walking away from houses; why wouldn't they walk away from boats?
To sell successfully you need to find a buyer prepared to offer more than any outstanding finance debt and yard fees. In the US people are walking away from houses; why wouldn't they walk away from boats?
savageseadog
Well-Known Member
I'll have a Swan please
sighmoon
Well-Known Member
Re: We know a man
[ QUOTE ]
To sell successfully you need to find a buyer prepared to offer more than any outstanding finance debt and yard fees. In the US people are walking away from houses; why wouldn't they walk away from boats?
[/ QUOTE ]
In the USA, they're giving their houses back to the bank because over there, the bank can not pursue you for the difference between what you owe, and what they can get for the house.
Abandoning a yacht is not the same as giving it back to the bank.
Insurance jobs one and all, I suppose.
[ QUOTE ]
To sell successfully you need to find a buyer prepared to offer more than any outstanding finance debt and yard fees. In the US people are walking away from houses; why wouldn't they walk away from boats?
[/ QUOTE ]
In the USA, they're giving their houses back to the bank because over there, the bank can not pursue you for the difference between what you owe, and what they can get for the house.
Abandoning a yacht is not the same as giving it back to the bank.
Insurance jobs one and all, I suppose.
T_C
Well-Known Member
Do the Yanks do April Fools? Or is the chap's name really Major Roulette....
Ken_Irby
N/A
Oh NO. We ae not selling or abandoning our boat!
..i was just telling of a man we met out in greece on our first visit back last month. we work half a year in uk and then go back to med for summer. those in trouble i think are mostly, apart from him people who have sold everything.
Kentrina
..i was just telling of a man we met out in greece on our first visit back last month. we work half a year in uk and then go back to med for summer. those in trouble i think are mostly, apart from him people who have sold everything.
Kentrina
bbg
Well-Known Member
It's a news story. That doesn't make it true.
Boats have been left derelict for years - decades - probably centuries. The mere fact that someone is writing a story about it now does not make it a trend. The only way to spot a trend is to do several surveys at intervals. There is no hard data at all (such as - "A South Carolina survey in 2002 found 12 derelict yachts. A similar survey this year found 150.").
What I get from this story is:
- if you ask marina managers whether there are any derelict yachts, they will tell you there are (no surprise)
- if you ask the same people for a theory about the derelicts, they will come up with one (and currently the theory relates to financial crisis)
In short - if you look for something (derelict yachts) you will find it. If you find it, you can spin it into a story.
Boats have been left derelict for years - decades - probably centuries. The mere fact that someone is writing a story about it now does not make it a trend. The only way to spot a trend is to do several surveys at intervals. There is no hard data at all (such as - "A South Carolina survey in 2002 found 12 derelict yachts. A similar survey this year found 150.").
What I get from this story is:
- if you ask marina managers whether there are any derelict yachts, they will tell you there are (no surprise)
- if you ask the same people for a theory about the derelicts, they will come up with one (and currently the theory relates to financial crisis)
In short - if you look for something (derelict yachts) you will find it. If you find it, you can spin it into a story.
BurnitBlue
Well-Known Member
Sorry, I don't quite get this. There are still plenty of people who will give you a few hundred quid for your unwanted yacht and save you being prosecuted for fly tipping.
_________________________________________________
Nevertheless they do exist. There is a corner of most Mediterranean Marinas which have abandoned yachts taking up space. They have been abandoned because many folk cannot attend to their yacht every year for economy, divorce health etc reasons. They soon realise, when (if) the time comes to get sailing again, that the marina bill will outstrip the value of their boat. To sell for even a few Euros will expose them as owners so they have to walk away from them.
Trouville on your forum was given an Dufour Arpege for free if he would take it away and not bring it back.
_________________________________________________
Nevertheless they do exist. There is a corner of most Mediterranean Marinas which have abandoned yachts taking up space. They have been abandoned because many folk cannot attend to their yacht every year for economy, divorce health etc reasons. They soon realise, when (if) the time comes to get sailing again, that the marina bill will outstrip the value of their boat. To sell for even a few Euros will expose them as owners so they have to walk away from them.
Trouville on your forum was given an Dufour Arpege for free if he would take it away and not bring it back.
TiggerToo
Well-Known Member
[image]
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savageseadog
Well-Known Member
Looks in good nick
TiggerToo
Well-Known Member
vastly over-rated
wotayottie
Well-Known Member
We have a collection of maybe 10 derelicts at our club, parked against the perimeter fence and going nowhere. Mostly things like the very early 20 ft or thereabouts Westerleys with one trimaran and a fishing boat or two. Even had one chap take and electric saw to a 27 ft bost a few years ago, taking the bits down to the local dumpit.
Alfie168
Well-Known Member
Some idiot abandoned a perfectly good boat on the River Witham near Lincoln. It was nearely 3000 years old when they carbon dated it. The owner was conspicuous by his absence.. /forums/images/graemlins/laugh.gif /forums/images/graemlins/laugh.gif
Tim (In the days of Wooden racing dinghies there were usually one or two at our club that went on the bonfire on Nov 5th when all attempts at contact with owners had failed. Those worth saving were auctioned. GRP stopped all that)
Tim (In the days of Wooden racing dinghies there were usually one or two at our club that went on the bonfire on Nov 5th when all attempts at contact with owners had failed. Those worth saving were auctioned. GRP stopped all that)
