Buying Moody/Westerly

MAURICE

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HI
Im almost at the point of buying my next boat but am waiting for the boat show.
Which boat?
1. Westerly ocean master 48. Twenty four built 1989-1992 is there a problem with this boat as currently 8 for sale from a total of 24?
2. Moody 44 one hundred and fourteen built 1991-1996. four for sale.
Ill probably go for a Moody as it seems to maintain its value.
Both boats for sale at approx £120,000
Which would you go for and why????
thanks
 

Whitelighter

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I personally would go for the Moody. Although they are both older boats, the Moody when new was much more modern than the Westerly. I remember when the 44 was launched as my parents had just taken delivery of their new 31 and it was a great boat.

Centre Cockpit design works well and the Moodys are very well made. PLus a good Owners Association and, not least, I like them
 

BlueSkyNick

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Moody44 without a doubt, but I would say that having just bought one. Just look at the numbers on the water.

You need to think about configuration - there are 4, 6 or 8 berth layouts, two different saloon designs, and a fin or shoal keel option. You might not find the optimum solution for you, based on price, condition etc - we had to buy ours in Spain and bring it back.

Interested that you have found 4 for sale - I probably know at least 2 of them from my own research.

Drop me a PM with their details, and I will let you know.
 

Marmalade

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Just bought a M44 - PM me if you want the low down on the choosing process. The headline is - great boat. Richard might want to jump in (as the previous owner) on the merits / demerits of the Moody!

Simon
 

rwoofer

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I think the Moody 44 is a much safer bet. Having seen a number of Westerly 48s including one in my marina they are quite a bit larger than the Moody and on the face of it do look like good boats. The big but for me is why are they are similar price? Variable build quality? You can take the chance and might get a bargain, on the other hand you may not. Many I've have seen all looked like they needed a fair bit of work.

Happy to answer any specifics on the 44.

Richard
 

Searush

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I wouldn't buy either. with £120K capital tied up (losing interest) plus insurance, maintenance & mooring charges you are looking at around £10,000 pa running costs. And that assumes that there is no depreciation whatsoever - probably a reasonable assumption with older boats; just don't know for those two.

For £10k pa you could charter cheaper and pick a different location for each holiday!
 

BlueSkyNick

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[ QUOTE ]
I wouldn't buy either. with £120K capital tied up (losing interest) plus insurance, maintenance & mooring charges you are looking at around £10,000 pa running costs. And that assumes that there is no depreciation whatsoever - probably a reasonable assumption with older boats; just don't know for those two.

For £10k pa you could charter cheaper and pick a different location for each holiday!

[/ QUOTE ]
Your sums are valid if the boat is only used for holidays - some of us like to use our boats as often as possible, including once a month in the winter. Charter costs get a bit steep then, and you have to pay up regardless of the weather.
 

Whitelighter

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[ QUOTE ]
I wouldn't buy either. with £120K capital tied up (losing interest) plus insurance, maintenance & mooring charges you are looking at around £10,000 pa running costs. And that assumes that there is no depreciation whatsoever - probably a reasonable assumption with older boats; just don't know for those two.

For £10k pa you could charter cheaper and pick a different location for each holiday!

[/ QUOTE ]

Ah dear friend, you have forgotton to factor in the value of pride of ownership and the shear pleasure some individuals get form owning their own.

I don't disagree with what you said, but if we looked at things logically no-one would ever buy a boat!
 
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