About to give up the land and live on a boat

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penstable

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Help please

OK, so I have had power boats for the last 10 years and am now going to leave the suit behind an live aboard a sailing boat and wander the seas.

two things

First - how is that for 100K ish you can have your pick of jeaneau type boats 40ft long. All seem well equipped, luxurious and nearly new.

Yet if you look at a Moody 40 ft CC type then 100K means it,s 10 years old? Is it really that muh better nuit that a 10 year old boat is preferable over a new, warranty covered and individually spe'd mass production boat.

Also intrigued as to the cost of living - I can have about 300K after the boat sat invested, what ishe day to day cost of living when wandering the Med, sure I can do the maths - 7% ish return on an investment of some sort, I guess then it's food, drink and maintenance with a bit of detail.

Would welcome any input from anyone as I embark on this change of life.

Many thanks /forums/images/graemlins/cool.gif
 
Good luck with actioning the plan.
Sail boats, just like power yachts, vary in build quality and kit. There is always a tendancy towards 'safety' when cruising further afield, so heavier built boats do retain their prices better as they are generally more sought after.
You pays your money and you takes your choices - as in the wider world with everything else.
What is a cruisers budget? Hard as this is so subjective.
I'd find it tough to manage on a limited budget, but we've pals who have cruised for 13 years who seem to live well on £15,000 pa. Guess it is all down to anchoring / marinas / eating out / eating on board and of course - liquid consuption and trips ashore.
Hope this helps
JOHN
 
Wouldent worry!And i wouldent buy a sailboat go for a princess will suit you better and when you want a mooring youll have a better chance even in summer

A freind just deliverd one for an owner who wanted his princess in Croatia (from France)while the owner went skiing (though in Grindalwald at £400 per night there was only snow from a canon!!)

Welcom to the forum! everyones at lunch just now but will be back soon.

Youll love life aboard a mobo you will miss all the bad weather can possition your boat where you wish and all with a phone call a few weeks ahead.A very large cockpit swiming platform and a large tender just whats needed for a good life in the med

Dont let anyone tell you sails better!Sails far to expensive on top of that youll be motering in a big sailer all summer!So better get a proper boat to begin with.

Im sure youll be happy hear lots of well qualified people to answer or help with any questions

Liveing costs well £600 pere month and you will live wonderfully!!Normaly once your in your crusing area £200 to £400 a month will be more than enough even if you go shopping quite often.
 
If you\'re going to the Med

there's a lot of sense in Trouville's post.

There's either no wind or too much, and when the weather's fine you'll spend all your time under power.

However budgets and powerboats are a somewhat oxymoronic juxtaposition at about £1 a mile for your average 10m deepV.

With regard to your other question, it's a case of market forces, the supply of 2nd hand French & German AWBs is ample and increasing, British boatbuilders are far less efficient (and mostly defunct) and new prices higher, new sales lower and 2nd hand boats more scarce.
Whether the British boats are "better" is a matter of opinion.
 
[ QUOTE ]


First - how is that for 100K ish you can have your pick of jeaneau type boats 40ft long. All seem well equipped, luxurious and nearly new.

Yet if you look at a Moody 40 ft CC type then 100K means it,s 10 years old? Is it really that muh better nuit that a 10 year old boat is preferable over a new, warranty covered and individually spe'd mass production boat.



[/ QUOTE ]

I worried about this for a considerable time before deciding to buy a Moody because it met my needs best.

I cannot pretend to have any scientific answer other than to observe that in a free market, value is set by the buyers, and they obviously see value in the Moodys. Second hand buyers don't give a damn about production techniques or rarity, they are looking for value for money and longevity that will protect their investment. Lemons are usually well known and priced accordingly in the second hand market!
 
My point is, 15k a year seems a bit steep. But I guess that wasn't a point. Merely a kneejerk reaction to what some folks can afford. Lucky [--word removed--].
 
I went through the same thing, (as you know), but you can feel the quality of the workmanship, build and fittings in a Moody, (or Hallberg etc,). Everything is more solid, and a bit more thought has gone into the finish. Rogue definitely doesnt look or feel 13 years old.

The price you pay for buying a 10+ year old boat is that some of the gear needs significant repair or maintenance, or even replacing but, having looked at lots of boats, (including new at boat shows), I would much rather be sitting here in Rogue, than in an AWB.
 
Moody's are grate. Even if it's ten years old, it's still better than the newer plastic crappy ones.
I was on one for 2 months this past summer and loved and respected that boat.
 
[ QUOTE ]
I went through the same thing, (as you know), but you can feel the quality of the workmanship, build and fittings in a Moody, (or Hallberg etc,). Everything is more solid, and a bit more thought has gone into the finish. Rogue definitely doesnt look or feel 13 years old.

The price you pay for buying a 10+ year old boat is that some of the gear needs significant repair or maintenance, or even replacing but, having looked at lots of boats, (including new at boat shows), I would much rather be sitting here in Rogue, than in an AWB.

[/ QUOTE ]

Richard is quite correct, I now have a Moody 38 for long distance liveaboard and crossed the Atlantic on a Westery Corsair. You cannot buy that build quality these days at that money if you go new or nearly new.

When I came to replace the Westerly after she was wrecked by Hurricane Ivan I hankered after a more modern "luxurious" boat . After a lot of research concluded that Dufour did offer a good compromise between an older heavier build and the more modern lighter designs if looking for something more than a charter/marina based boat at around the 100k mark.

Both Moody and Dufour have lower than average rates of depreciation and are built with longer distance cruising in mind. My 10yr old Moody had lost just 16%.

I should point out that when not long distance cruising I am a yacht broker, broking all used models, but do sell new Dufour's. My opinion is based on experience and the process I went through when looking for a replacement to my Westerly, not because I sell new ones. It was because of my experience that I chose to sell new Dufours. I have often heard of them refered to as as above average white boat, and that is a good description.
 
Just want to echo the sentiments expressed. I lived for ten years and went round the world in a Moody 36 and at the end of the last voyage sold her on to a very nice couple who now have her in the Mediterranean, living aboard and I am certain that when they come to sell her - if they do not also end up circumnavigating - they will get their money back.

If you are going to be sailing long distances, living aboard and using all the equipment daily and walking all over the boat using the cupboards and drawers then the build quality simply has to be high. Many of the lightweight boats available are perfect for weekends and a couple of weeks in the summer on a cruise. Most people are not going to use them more. What worries me slightly is that when you come to sell them the value may have slipped and the 'finish' of the boat may not look as sparkling as when new.

People do not buy 2nd hand Moodys, Westerlys, Halbergs etc because of their turn of speed or their glitter. Mostly its because they are tough solid boats, capable of taking a bit of weather, that will bounce off a few quay sides and take the daily grind of being used daily. It is the daily use that really takes it out of a boat as well as days and weeks at sea.

Michael
 
Re: If you\'re going to the Med

[ QUOTE ]
the british boats do not have enough opening hatches for the med.

[/ QUOTE ]

/forums/images/graemlins/confused.gif

Well I don't know about the other Moody/ Westerly owners here but I have an opening hatch in each of three sleeping cabins, in one I have two, an opening hatch in each of two heads and an opening hatch in the saloon plus two dorade vents and two fan vents.

For the Med and the Caribbean I had a windscoop over the forward hatch and one over the aft cabin. The air flow was fantastic, and I also have a fan in each cabin, the galley and two in the saloon.

I think we are more interested in crossing oceans with keels and rudders that do not fall off.
 
Re: If you\'re going to the Med

As Jonic well knows, I come from the Jeanneau perspective. Having looked at many boats and concluded that as everthing is a compromise I was wanting the 'best' boat for my budget. There is a theory I heard many years ago that 'a modern well found boat' should last three times longer than the crew. On that basis I doubt that there are many 40ft boats that are not totally adequate for offshore work (there is always the debate about Hunters of course!!). In my view therefore the Jeanneau is perfectly well found, very well equipped, clearly designed by someone who has listened to the needs of short handed live aboards and the best value for money. Yes they are more of a mass produced boat than those from the smaller manufacturers, but when I am sitting in the massive cockpit on my third painkiller of the evening watching the sun go down I will have a lot more left in my bank balance!!!
 
Re: If you\'re going to the Med

[ QUOTE ]
the british boats do not have enough opening hatches for the med.

[/ QUOTE ]t

I found my Moody 36 - Angus Primrose design, had enough hatches for the Caribbean and South Pacific and the Med as well come to that. To be fair to the comment in Tunisia I did turn all the hatches round so that when open they faced forward into the breeze when at anchor which was 95% of the time.. Excellent throughput of air.

Michael
 
Re: If you\'re going to the Med

I still think a mobos the very best idea for him!

The "moody mafia" dont always talk to each others even moodys! If it really must be a sail boat id go for an even better finished quality HR 36!!

The price is about the same but the HR is very nicely thought out indeed and the 36 is ideal for mooreing/space/comfort/quatity. I talking buget but even so i wouldent go bigger unless you intend to invite lots of guests!

The very very best boat of all though perhaps space chalanged would be an International Folkboat!!!More room ??than might be thought and great sea boat!

Another idea! Just buy an old moody/alpa 11.50/Nicolson/sailor 40 lawence giles /Princess/Bertram/Folkboat and try for two years then change to the boat you realy want!

If you buy for your full buget now your locked in!!Even an old sun fizz there really good but simple below and not to expensive but fast!!
 
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