BMB29 or Targa 30

[Obiwonkeyblokey]

I am thinking of buying my first boat and am looking at a used fairline targa 30 or a new BMB29 as they seem to be quite good value. Besides the usual advice when buying a boat does anyone have anything specific that they think I should know about relating to these models? e.g depreciation forecasts, running costs, desirability for re-sale, general reliability and build quality?

Any advice gratefully received as its a lot of money.

 

[Deleted User YDKXO]

Welcome to the forum. This type of question comes up on a regular basis and the stock answer is not to buy new if you're buying for the first time because it is highly likely that you'll go through a few boats in relatively short order before you find out what you really want or, if you find that you dont like boating at all, you may want to sell out all together. The problem is, that, just like cars, boats depreciate fastest in their early years although, unlike cars, the value of most boats level off after 3 yrs or so. You could experience 15-20% depreciation on a new boat after 1 year, maybe 20-25% after 2 yrs and this is especially the case with less well known boats. The problem is that, whilst Bavaria are well known for sailing boats they are an unknown quantity in the motor boat market and, as yet, there won't be a ready market for used BMB's. This is not to say that a BMB boat will be a bad boat, possibly just a bad investment
On the other hand the Targa 30 is made by a well known manufacturer and there will be an established market for it especially if you have to sell it quickly
One more point. Dont buy a petrol powered boat. Not only will the fuel running cost be something like 4 X that of a diesel boat, it will take longer to resell. Better to buy an older diesel boat rather than a newer petrol one

 

[TwoStroke]

Would probably go Fairline than Bavaria - partly because of the deprecition aspect.

You do get alot for the money with Bavaria (a raggie mate has a Bavaria 35). However, the fit and finish I have found dubious with Bavaria - not upto the standard I would expect when writing a large cheque.

Have you demo'd them yet?

... I want to be back on the water!

 

[DepSol]

Take the T30 as long as it has the diesels in it. I have lookd at the BMB and spoken to a few owners as I was interested in getting one but wont touch it at all now.

Dom

I am boating again ;-)

 

[Guest]

And why not, may we ask?

 

[BarryD]

It's a lot of money but the BMB29 and the T30 are similiar boats except (if I recall) the T30 needs to have the bed at the pointy end up made up each night by turfing the drunks out. Whilst the BMB29 is left made up all the time?

IMHO - If it's your dream to own a boat and you're not quite sure where the family are going to stand then buy someting cheap and diposable whilst you all learn to handle it. A single petrol Bayliner or the like post '94, use it for a year (or less) and if everyone takes to it then these boats are really easy to sell, you buy them cheap and sell them cheap! Then look for a £60k - £100k boat, as you will also have a better idea of what you want out of one. Flybridge, twin, planing/displacement etc...

Good luck and keep the board informed.

So you unscrew this, and put it safely here, then oopps...
All - IMHO, BTW, FWIW and NWGOI

 

[DavidJ]

Buying small and secondhand and working up was my route and if I had my time again I would have missed out the small bit. Larger (30ft ++) twin engine boats are far easier to handle, much more comfortable for the family with permanent beds, loos, showers etc.
....I think the chances are that you will keep it for longer and in consequence reduce the upgrading expense.
David

 

[petem]

Not quite right

Bought my T30 for £95k. Kept it for two years and sold it for £85k, even then I felt a bit robbed.

 

[DepSol]

Because I prefer the T30. The BMB quality and mistakes made by the agent aswell as the insult on the trade in price of my boat sealed its fate. Saw the BIG mistak they made on the gel coat on the deck of the one in Jersey and the abortion they gave him as a fix for it. NO WAY T30 4 me thanks.

Dom

I am boating again ;-)

 

[Guest]

Re: Deleted User

Could'nt have put it better perfic

"The Med has got me" (no not the Medway the other Med)

 

[Guest]

Love the name, if you get a boat you'll have to name it that. Fully concur with Deleted User's comments
by the way, and Dave about starting longer that 30ft

"The Med has got me" (no not the Medway the other Med)

 

[Obiwonkeyblokey]

Thanks to everyone for thier help and advice so far. The twin diesl option goes without saying. The reason we are looking at 30ft initially is because I amthinking of a career break after getting married next year, a sort of extended honeymoon. The plan is to get a boat and take it to the med for 6 months or so. We are also looking at maybe an older Targa 30-31 with the seperate cabins as this may be easier to lve on, but then there is the question of reliability.

Doing a quick straw poll, If it was you and you were taking a boat away to live on for a few months would you go for:

New BMB 29 t/diesel approx cost 90k
2-3 yr old Fairline Targa 30 similar cost
5 year old Targa 30/33 60-70k
3-4 year old Sealine S34 ( a bit over budget at circa 110)
Other ......................................(bear in mind flybridges are out as we need to go down the canals and I dont really like the look of them anyway)

Any other suggestions accepted as well. As in terms of preparation Im sure a lot of you may shoot me down in flames for attempting something like this so soon, but I am traingin this weekend wth Peter White of seafever and we are aiming to get the boat in jan to allow for 6 months or so of acclimitisation.

Any feedback gratefully received.

 

[Guest]

Marriage will not survive 6 months on a boat that size, sorry. Spent about three weeks on our Targa 29 this summer, and that was about the limit. Even then we dashed home for odd days to do the laundry etc etc. Internal space is coparable to the inside of a caravan, really, so think about living in a 16 foot caravan for six months...

 

[DepSol]

If it is only for six months in the med then buy one VAT free from CI take it out to Med for 6 months then bring it back to england and pay the tax but now the boat would have depreciated more so less VAT to pay.

Dom

I am boating again ;-)

 

[tcm]

Re: older and wiser

I mean me!

The diesel argument is sound, but can evidently fall apart at the starter-boat level. Certainly diesel boats shd command a premium, but in the sub-20 grand range, for light useage, the second hand petrols seem to be very heavily discounted.

 

[Obiwonkeyblokey]

I am now also looking at a sunseeker comanche 40. mostly cockpit but with similar interior space to the aforementioned boats. Anyone know anything about these? The one I saw at the weekend has got a filler mark where it seems a bow thruster once sat. Is it natural for these to be removed or would the hole have been cut at the factory and then the owner deceided he didnt want one. It just seems odd.

If anyone knows anything about the depreciation, desirability or other relating to this model then let me know. It looks good on paper though 40 foot with jetski garage for 100k.