doom bar ahead !

Which Distance Learning Training Establishment Should I Choose?

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  • Yachtmaster Academy

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  • NMCS (National Marine Correspondence School)

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G

gjgm

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Lets try the Doomometer.
We have some people on the forum buying fabulous boats, others more modest,some selling up.
Ignoring normal depreciation, how much do you think boats values in general will fall over the next 18 months?
 
I think the winter will see a larger than normal correction in Prices....people are still living in yesteryear about Values and the Dealers/Brokers are to blame!

So the normal 10/15% winter drop may seem too slight a correction. Asking Prices will drop IMHO, but the actual sales price will drop less from where they would have been. For Instance a 2001 S34 was advertised for £105,000. Actually sold for £89k or 15.2% less than asking. In reality it was only worth that in the current climate. But this climate will get worse so expect to see asking prices drop to say £90,000 and prices agreed around 10% off..so prices will only drop about 8% further than where they should have been. The headline Price looks doom and gloom, the actual real prices see less drop!

Cheers

Paul /forums/images/graemlins/smile.gif
 
though you meant this:
doombar_large.jpg
 
so far 11 think there boat will go up in price...So who are these 11 delusional forum members? Unless of course you currently have a pile of matchwood which you are restoring...
 
I voted for a 10% drop, however in the last 20 years I have never sold a boat for less than I paid for it, although to be fair I've never bought a boat less than 10years old.
 
We're a materialistic lot over here on the mobo forum, every other post is about the price of this or the depreciation on that. Just scanned 3 pages of scuttlebut and not a mention of money on any of them ( though i only looked at the post titles, i didn't open them).

Not trying to make any point here other than its an interesting difference in priorities between the two.

I have no idea if boat values will go up or down by the way.
 
But some on that dark other side actually wanted the red derogation to go. Even the RYA has just stated that some of its sailing members campaigned to end red.

They really are not, or at least think they are not effected.
 
Perhaps they are people who when lifting their engine covers note a singular lack of two fuel guzzling cripplingly expensive eye wateringly thirsty green monsters lurking down below. /forums/images/graemlins/grin.gif
 
Yeeeessss........I think I know what it means: at LW it's safe because you can see it and not go over it, at HW it's safe due to the depth of water on it.
 
wow..20% of peeps think that prices will drop 25%. It would be nice to think so as I'm hoping to upgrade in that time period but not sure I can see it. It's not evident to me that the small proportion of the population that own boats are the ones that will be that affected by the credit squeeze. I voted 10% I'd be happy with that!

Cheers
Jon.
 
Nice pint of beer. Drank a fair amount of it last year. Was hoping to do the same this year but never got to Cornwall.
And befor it's mentioned, you can get it else where but it is never the same !!
 
I think mine will rise or stay the same. Having said that I have no intention of selling it, ever. It will probably be around long after I have gone. My boat is a very heavy build, quality displacement boat (Cygnus) that burns half a gallon an hour at 6 knots. It has everything you need for comfort and spending time away. I will be able to run this boat on a miserly pension when I am older. I just don't care about the cost of fuel.
 
"I will be able to run this boat on a miserly pension when I am older. I just don't care about the cost of fuel."

You mean that you actually bought a boat that you could afford to run,blurry hell Stoaty,I recommend you immediately rush out and borrow great fistfulls of cash to buy a shiny new 40 knot boat preferably with the biggest engine option available.It is essential that the boat is kept in a very expensive marina and if you can manage it preferably at least two hundred miles away from where you actually live.
This will enable you to come on the forum and whinge about how expensive it is the run a boat these days due to UK goverment/EEC . etc etc
 
Basically with 12 mpg you chose something where the fuel costs were never going to be a big issue and chose to live withing your means but maybe not all of us have done that?

I think there will be a move twoards displacement and semi-displacment boats because both offer the option of slow speed economic cruising. Si it seems that you are simply ahead of your time /forums/images/graemlins/smile.gif /forums/images/graemlins/smile.gif /forums/images/graemlins/smile.gif
 
Many who can no longer afford the sea, or perhaps the time at hull speed getting nowhere at sea will go to the rivers. The apparent upsurge in licences will be more than balanced by those on the margin who can no longer afford to boat. The rivers will get an influx of larger boats who will ground or clout bridges more often thus making boatyards busier, raising prices, and insurance companies busy too, so premiums will rise. All this extra business will filter into the Treasury as extra tax on profits and VAT on services and some tosser somewhere will fudge the numbers to make it appear that the massive and unneccessary tax rise on fuel has actually resulted in an increase in net revenue from rich people.

The poor folk who cannot manage to boat anymore will vanish off the radar.

I think I need a drink.
 
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