Boats required

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NickSlater1972

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Thames Boat Sales with offices at Penton Hook, Bray and Thames & Kennett are selling out of boats.

I have been informed that they have been really busy the last few months and are now looking for boats to sell on brokerage.

Chris at Penton Hook told me that in the last 3 months they have sold 30 brokerage and 5 new boats, all at sensible market values.

This would seem the place to go if you want to sell this season.
 
No, I believe he's just a genuine buyer.

I have been told the same since I started looking at small cuddies last week.

I've been told by one boat dealer on the south coast, that there is a shortage of good boats sub 30'.

Maybe the market is picking up a little bit.

Cheers

Al.
 
Yup, I agree I was told exactly the same by one of the directors at Essex boatyards a few weeks ago!

They had just shipped 3 lowloaders full of boats to the continent thanks to the exchange rate...

And they envisaged further shortages.....this yr!
 
I'll be hammered for this but hey ho, was at hamble point the other day and there seemed to be lots of empty space between the brokerage boats for sale on the hard where as a few months ago the place was jammed with boats for sale. two brokers told me that loads had been snapped up by Euro buyers in the last few months and now they had very little decent stock left at sensible money.

I can confirm that our last few sales have all been to Med buyers on the brokerage side.
 
I've been looking at sub 30ft boats for the UK recently and certainly there have been boats selling recently but also plenty have been sticking. If it's a popular model in top condition at a good price it will have a chance of selling but if it's a bit tatty and not well priced, it's not selling. Every broker will tell you business is fantastic and they're desperate for more boats to sell. It's in their own interest to talk up the market and the more boats they have on their books, the more boats they're likely to sell but that certainly isn't an indicator of a buoyant market
 
Friend of mine has been looking for 40foot sportscruiser around 130K for the last 6-9 months, market slow when he started looking, he is taking time to look at boats and is in no hurry as he wants to buy the right one for him.
Most of the boats he now wants to go back to seem to be sold and he tells me that prices seem to be holding up
 
I was looking round Brighton Boat show a few weeks ago and I was also told they were short of boats, I told him I owned a Princess 360 and he claimed he had just sold one and needed another one as he had two buyers for it, both buyers were outside the UK.
 
No, what it indicates is that owners of good quality boats are not interested in selling. Only 3 real reasons for selling. Moving up/on, financial difficulties or getting out altogether. Collapse in new boat sales reduces supply of trade ins, distress sales are probably less common than imagined and increases in prices of new boats mean that good quality late model boats are snapped up.

I recently looked for 34-37ft late model production sailboats and was surprised how few were listed in the UK compared with a year ago.
 
Certainly I agree that owners are holding on to their boats but I think the reason for that is nobody wants to crystallize a depreciation hit on their existing boats and less people have enough confidence in their future to trade up
But I don't see how this makes any difference to what I said in my previous post. Good, tidy, well priced boats are selling and others that don't meet these criteria are not. As a broker, if you're not selling enough boats, you try to attract more onto your books by saying you're sold out. Estate agents do it all the time
 
Agree. We sold our Prestige 32 in one week to a continental buyer for near asking price. New Princess 42 due in a couple of weeks and they seem to selling new boats down at Swanick.
 
It seems that Continental boats are not selling well compared to UK boats. There are definitley not as many decent UK boats around, although still lots of dross. Few good new boats at decent prices are appearing on UK co websites.

Med based boats seem very expensive and in great supply in comparison! With the £v€ moving I wonder if attention will return to Euro based boats where there is definitely oversupply. The larger boats 50ft+ do not seem to be moving and their prices are not dropping. The price of berths though has dropped by about 50% on the CDS.

I get the feeling over 50% of all boats for sale on the CDS are UK owned.

Cheers

Paul /forums/images/graemlins/smile.gif
 
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