Cost of extras on a new boat

[Irish Rover]

Was having a look at the new Leopard PC today and i was stunned by the cost of some of the individual extras
Leopard 40 Powercat

 

[harvey38]

5k for a teak table
At least you get two TVs thrown in for your 1 099 000 Euro

'Orrible looking boat anyway, I'll take my money elsewhere

 

[Stemar]

I paid less for my whole boat than some of those options, but I suppose that when you're paying a million quid for a boat...

 

[Daydream believer]

What an awful looking craft.

 

[Refueler]

When I see some modern design houses ... cars .... boats ... I wonder what designer is thinking ?? Have they had brain shock treatment or something ?

But anyway ... when it comes to 'extras' to add to a new boat ..... lets be honest - its like cars .....

Buy new and spend a fortune on options / extras kitting out.
or
Buy a near new that's already been kitted out and accept that you are not first owner - but save a substantial amount of money that can be used on other items etc.

 

[RunAgroundHard]

I had a custom teak and teak veneer table built and there was not much change from 4k GBP. It included cabin sole replacement around new table footprint.

 

[Daydream believer]

When I bought my new boat in 2003 ( albeit nothing like the cost of the one discussed above) I bought some extras with it that could not be supplied at a later date. ie shower & tray. Plus I needed some basic electrics. Following that-In the first 6 months the cost of extras added between 25 & 30% to the original cost.
With a more expensive boat the extras should be a lower percentage of the original, but one can expect one's eyes to water. I recall seeing a post by a forumite on here about the charges made by the builders of the Discovery yachts ( in some re-incarnation, or other, so, in fairness, must be careful about name) & the prices being charged for extras, were clearly rip offs.
I really have no sympathy with companies who follow this policy & I find myself going elsewhere as soon as possible.

 

[capnsensible]

What an awful looking craft.

Eye of the beholder..

 

[Daydream believer]

Buy a near new that's already been kitted out and accept that you are not first owner - but save a substantial amount of money that can be used on other items etc.

But when buying a boat, some of us want a NEW boat, not one that has lost its virginity to a stranger. Thus being prepared to pay for it. Just as well, otherwise there would be no second hand ones on the market either.

 

[Daydream believer]

Eye of the beholder..

Well they need to sack their blind dog a bit sharpish.?

 

[Tranona]

Dealing with extras is a nightmare for a new boat buyer, particularly when comparing prices of similarly equipped boats on your short list. Job for a spreadsheet, but because many extras come in "packages" you can rarely get a direct comparison. The cost issue also throws up many anomalies with often widely different prices for identical items.

I had a short list of 4 in 2015 - Bav33, Jeanneau 32, Hanse 325 and HR 310. The last named was the worst offender, for example the bow thruster was nearly double the installed cost compared with the Bavaria for the identical Sidepower model. This meant that the HR which started at a base price 30% higher ended up 80% more expensive - higher prices and more items as extras. If the final differential had been under 40% (That is £140k, rather than £100k the Bavaria cost) you can guess what I would have bought! However although I could have afforded it the additional value from better finish, materials and probably sailing experience would not have justified the premium. Clearly others came to the same conclusion as the HR has only sold in penny numbers.

 

[johnalison]

When I bought my HR 34 in Sept 1999 it cost about the same with extras as the Westerly Ocean 33 without. As it happened, the Swedish Krone crashed the day before and we set about an extra-buying spree which was very entertaining. When we had finished, Magnus Rassy came on board and suggested several more, each of which turned out to be very useful and we would have regretted missing later. The cost of multiple extras came to around 10%, which was about what we were expecting. The advantage of listing stuff as extras is that the buyer has a wider range of options and, as we did, supplying certain items themselves. We delayed buying a VHF until the spring in case new models appeared.

I haven't studied the HR prices lately but as you say, the 310 hasn't sold many. I don't think that this means the boat was unsuccessful. Its chief purpose is to be an 'entry-level' boat, and coming from this stable was bound to be expensive. As with cars, smaller models from 'prestige' builders don't appear to be good value, but I have never regretted our choice for a minute.

 

[Refueler]

But when buying a boat, some of us want a NEW boat, not one that has lost its virginity to a stranger. Thus being prepared to pay for it. Just as well, otherwise there would be no second hand ones on the market either.

Dont get me wrong .... fully understand ....

I was just commenting that for those who do not mind being second owner .... the possibilities are there.

 

[Chiara’s slave]

I’m not sure I really get the new thing with boats. I’ve bought new, dinghy type, for racing, when newness really counts. One of mine is very secondhand indeed, and all the better for it. She’s older than I am. I like fixing things, perhaps that is why.

 

[WoodyP]

My wealthy friend who has bought several new boats has an aversion to spending money unnecessarily and fits the extras himself. Saves a lot of money.

 

[Refueler]

When I bought my HR 34 in Sept 1999 it cost about the same with extras as the Westerly Ocean 33 without. As it happened, the Swedish Krone crashed the day before and we set about an extra-buying spree which was very entertaining. When we had finished, Magnus Rassy came on board and suggested several more, each of which turned out to be very useful and we would have regretted missing later. The cost of multiple extras came to around 10%, which was about what we were expecting. The advantage of listing stuff as extras is that the buyer has a wider range of options and, as we did, supplying certain items themselves. We delayed buying a VHF until the spring in case new models appeared.

Having known Builders in various locations - it is a fact that they can buy items in batches and pay less per item as a result. But sadly not all pass on such advantage to the boat purchaser.

I haven't studied the HR prices lately but as you say, the 310 hasn't sold many. I don't think that this means the boat was unsuccessful. Its chief purpose is to be an 'entry-level' boat, and coming from this stable was bound to be expensive. As with cars, smaller models from 'prestige' builders don't appear to be good value, but I have never regretted our choice for a minute.

One builder (name withheld out of respect for him) I had particularly close connection with - the question of sub 30ft boats was raised. At the time they produced a 32 and 35ft boat - both excellent and high performing - winning various regattas. The reply was that the profit margin building sub 30ft ... especially the 25 - 26ft size was poor and that is why so many builders have forsaken the sub 30ft and stayed in the larger sizes. About a year later - I was invited to see the new build ... a 26ft cruiser / racer .... very very nice ..... and it certainly sailed beautifully. But within a year - production was ceased for the very reason given previously. I asked why he had changed mind and built the 26 ..... reply was that many others like myself had commented on the need for a fast comfortable 26ft'r. Needless to say - the 35 has been his mainstay throughout. He did produce a 45ft ocean race boat .... designed by an ex Volvo Round the World Skipper ...... but that was not successful - never sold and only prototype built, but luckily he was paid fully for the build.

 

[Refueler]

My wealthy friend who has bought several new boats has an aversion to spending money unnecessarily and fits the extras himself. Saves a lot of money.

Pal of mine used to sail with me on my old tub .... finally he decided to get a boat (he had a Moody 32 years before).

We both scoured the ads ... and I found a very nice 5yr old Jeanneau 36ft'r .... immaculate ... with all the gear you'd ever want. Seller was basically at an age to retire ashore ..... My Pal and his to be wife went and looked at the boat. Seller agreed a very good price ... as he said - he was happy to see a buyer who would love the boat as much as he.
I was shocked shortly after when my Pal told me - he had ordered a new boat .... at substantially higher price ... a boat that was nowhere near as good as the Jeanneau. By time my Pal had kitted out the boat with the gear - he had spent a fortune way over what that Jeanneau cost, and what he had was basically a 'plastic caravan on the water'.
2 years later - my Pal was wishing he'd listened as the boat he bought - he wanted to sell after having it prove to be poorly built and definitely not for North Europe / UK waters .... It took him another 2 years to sell it ...

 

[Daydream believer]

I’m not sure I really get the new thing with boats. I’ve bought new, dinghy type, for racing, when newness really counts. One of mine is very secondhand indeed, and all the better for it. She’s older than I am. I like fixing things, perhaps that is why.

My son had a phantom dinghy in excellent condition. About 6 years old, down to weight , good sails etc.. However, I bought him a brand new one at the start of a season. From not winning anything,that year he cleaned up at our club & won every cup that he could enter for. 10 in all. Became a bit boring at the prize giving at the laying up supper. If one wants performance a newer boat is quite important.

Alternatively, with a cruiser, If one does not want to run to the expense of a new boat then one has to keep on top of all the running rigging, blocks etc. I do not race, but change my sails regularly & am about to have new rigging & will also make sure that the running rigging is up to date. I also fancy a better furler. Nothing worse than ropes that are getting stiff & blocks that do not run free. Probably one of the causes that make people so anti single line reefing on another thread currently running.
I have a friend that has sheets & control lines that are green with mould. It is almost impossible to get any tension on the vang etc. & hoisting the sails is a chore.
There are other parts. Electrics spring to mind. Decent electrics soon fall off their best & issues arise. That is often why some want new. But of course, the "new" has to work. I was lucky in that respect. Not everyone has the same experience.

 

[WoodyP]

Pal of mine used to sail with me on my old tub .... finally he decided to get a boat (he had a Moody 32 years before).

We both scoured the ads ... and I found a very nice 5yr old Jeanneau 36ft'r .... immaculate ... with all the gear you'd ever want. Seller was basically at an age to retire ashore ..... My Pal and his to be wife went and looked at the boat. Seller agreed a very good price ... as he said - he was happy to see a buyer who would love the boat as much as he.
I was shocked shortly after when my Pal told me - he had ordered a new boat .... at substantially higher price ... a boat that was nowhere near as good as the Jeanneau. By time my Pal had kitted out the boat with the gear - he had spent a fortune way over what that Jeanneau cost, and what he had was basically a 'plastic caravan on the water'.
2 years later - my Pal was wishing he'd listened as the boat he bought - he wanted to sell after having it prove to be poorly built and definitely not for North Europe / UK waters .... It took him another 2 years to sell it ...

Friend upgraded from MG to Jenneau to Najad to Regina. In terms of my preference the MG and Najad were my favourite but Regina was lovely.

 

[doug748]

A million nicker plus £900 for a set of fenders.

The tender stowage is neat though:






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