ari
Well-known member
Flicking idly through Boats and Yachts this morning (just dreaming, can't afford to buy a new one!).
Anyway, years ago (about 10-15 years now) I used to run a Fairline 33 Targa (1990 boat, the old shape one, forward sloping arch, lovely lovely boat).
We bought it when it was about five years old I suppose and ran it for a few years. Paid low £60K's for it, sold it for much the same.
But the thing is, these things are now circa 20 years old, and people are still asking well into the £60K's for them now! I can't find it now, but I'm sure I saw a 1988 boat for £69K, that's a twenty year old boat next year!
Do people really pay this much money for such old boats? I know they'll still be really great boats (ours was built like a the proverbial brick out house) but the engines, drives etc are getting on, as is wiring, old equipment, etc.
I wonder if it's a case of "self perpetuating myth", ie everyone sees everyone else asking that sort of money, so they do. Then others see their ad and so ask the same, and on and on.
Other boats of that era, Corniches, 31 Portofinos etc, all up at the kind of money they were asking 10-15 years ago when they were young boats.
Although every now and again you stumble over one thet seems to be a bit more sensible, for example there is a 31 Portofino in the mag with twin Volvo 200hp diesels for £35K, which seems to me to be a bit more like it (most are up for circa £49K).
Just wondered what peoples thoughts were, whether these older boats really do still get the money they were fetching when they were just a couple of years old (in which case they do hold their money fantastically well), or whether it's a case of copycat pricing?
Must admit, that 31 Portofino seems a lot of boat for £35K though. Hmmm...
Anyway, years ago (about 10-15 years now) I used to run a Fairline 33 Targa (1990 boat, the old shape one, forward sloping arch, lovely lovely boat).
We bought it when it was about five years old I suppose and ran it for a few years. Paid low £60K's for it, sold it for much the same.
But the thing is, these things are now circa 20 years old, and people are still asking well into the £60K's for them now! I can't find it now, but I'm sure I saw a 1988 boat for £69K, that's a twenty year old boat next year!
Do people really pay this much money for such old boats? I know they'll still be really great boats (ours was built like a the proverbial brick out house) but the engines, drives etc are getting on, as is wiring, old equipment, etc.
I wonder if it's a case of "self perpetuating myth", ie everyone sees everyone else asking that sort of money, so they do. Then others see their ad and so ask the same, and on and on.
Other boats of that era, Corniches, 31 Portofinos etc, all up at the kind of money they were asking 10-15 years ago when they were young boats.
Although every now and again you stumble over one thet seems to be a bit more sensible, for example there is a 31 Portofino in the mag with twin Volvo 200hp diesels for £35K, which seems to me to be a bit more like it (most are up for circa £49K).
Just wondered what peoples thoughts were, whether these older boats really do still get the money they were fetching when they were just a couple of years old (in which case they do hold their money fantastically well), or whether it's a case of copycat pricing?
Must admit, that 31 Portofino seems a lot of boat for £35K though. Hmmm...