For those who went to LIBS to see Beneteaux

Sybarite

Well-known member
Joined
7 Dec 2002
Messages
27,683
Location
France
Visit site
Looks like damage limitation to me.

Boat shows cost a fortune for the exhibitors. This cost is recovered in the boat's price.

Therefore there should be less and not more shows.

It's easy to get to Paris from London with Eurostar.

Therefore why not benefit from a major winter exhibition in Paris and a summer exhibition at Southampton?
 

Tranona

Well-known member
Joined
10 Nov 2007
Messages
42,382
Visit site
Boat shows cost a fortune for the exhibitors. This cost is recovered in the boat's price.

I know, having been an exhibitor for 30 years (but not now!).

My comment was intended to reflect the fact that the on line "boat show" is just a PDF of extracts of the brochure plus some discounts.

The question is - will this be as successful in selling boats as a physical prescence? If on line is to be effective it probably needs to be more imaginative than this.

Could not agree more that there are probably too many shows now, but that is a much a reflection of the smaller market, particularly for sales of new sailing boats to private consumers. If that market ever recovers to what it was 5 years ago, it is likely that there will be a resurgance in physical shows - but not necessarily in same format.

As you will see from the make up of the show, he big MOBO sector of the market is still buoyant and builders still clearly see value in the show.
 

westernman

Well-known member
Joined
23 Sep 2008
Messages
13,799
Location
Costa Brava
www.devalk.nl
I think also there is an effect of cheap flights.

It is cheaper to go to the Paris boat show than it is to LIBS for some one in Birmingham and probably takes no longer.
 

Skylark

Well-known member
Joined
4 Jun 2007
Messages
7,406
Location
Home: North West, Boat: The Clyde
Visit site
10 minutes into the visit and it's very clear who's paying the bill.

There is an obscene number of huge price tag power vessels and the area, with its lavish entertaining, is buzzing with people out of touch with the rest of society. Good luck to them but as you walk through the hall, it's clear that most of us "do not belong" to this club.

I for one was very disappointed that the AWB makers failed to show.

There's no doubt that we are in austere time but I believe that I was duped into attending by the marine federations / trades. Not a boat show as we know it.
 

Koeketiene

Well-known member
Joined
24 Sep 2003
Messages
18,039
Location
Le Roussillon (South of France)
www.sailblogs.com
There is an obscene number of huge price tag power vessels and the area, with its lavish entertaining, is buzzing with people out of touch with the rest of society.

Who does that sound like? The City.
Which is why LIBS will never leave Excell - otherwise the target audience would have to wander off the reservation. And they don't like doing that.
 

Seven Spades

Well-known member
Joined
30 Aug 2003
Messages
4,806
Location
Surrey
Visit site
Is it me, or is £100k for the First 30 an awful lot for a 30ft AWB?

Shape of things to come. Sell you second hand boat at your peril, they are being snapped up by Jonny foreigner and when people here want to start buying again they will find there is little or no stock around.

There is deep underlying inflation right now, it is being used to devalue the debt of all the western nations. Wages and savings will not keep pace with inflation, and living standards are falling hence the troubled hight streets. I can see a 30-50% increase in the "Real" cost of boats within 3 years. If you look at any quality boat a 40' will now cost in excess of £320,000.
 

Koeketiene

Well-known member
Joined
24 Sep 2003
Messages
18,039
Location
Le Roussillon (South of France)
www.sailblogs.com
Shape of things to come. Sell you second hand boat at your peril, they are being snapped up by Jonny foreigner and when people here want to start buying again they will find there is little or no stock around.

There is deep underlying inflation right now, it is being used to devalue the debt of all the western nations. Wages and savings will not keep pace with inflation, and living standards are falling hence the troubled hight streets. I can see a 30-50% increase in the "Real" cost of boats within 3 years. If you look at any quality boat a 40' will now cost in excess of £320,000.

I agree.
Six years ago we bought Guapa (Kalik 44 - in need of some TLC :rolleyes: ) for 75K.
Now that we're coming to the end of our refit, I added up all the bills: new rigging & sails, new engine, new electrics and electronics, hull Awlgripped & Coppercoated, replaced the teak deck, and it came to another staggering 75K :eek:

Doubt set in - were we right to do what we did? Would we have been better off buying new?
Then I looked around to see what 150K would have bought us new: not much. For a similar size bargain basement Bavaria or Beneteau you're quickly at 190K+.
Benefiting from 20/20 hindsight:
- Did we do the right thing?: YES
- Would I do it again?: NO
 

Whiskey Bravo

New member
Joined
17 Jan 2010
Messages
467
Visit site
We went yesterday and enjoyed our day out but got the feeling that it'll become a powerboat only show very soon. Yachts seemed to be relegated to the 'back corner' and had to be actively sought out and even then were mixed in with MOBs. There were some decent prices in the 'Retail Village' but it wasn't as extensive as in previous visits. We've never been to the Southampton show but will try it in the future, but it's much furthur away from us in Yorkshire.
 

Seven Spades

Well-known member
Joined
30 Aug 2003
Messages
4,806
Location
Surrey
Visit site
I agree.
Six years ago we bought Guapa (Kalik 44 - in need of some TLC :rolleyes: ) for 75K.
Now that we're coming to the end of our refit, I added up all the bills: new rigging & sails, new engine, new electrics and electronics, hull Awlgripped & Coppercoated, replaced the teak deck, and it came to another staggering 75K :eek:

Doubt set in - were we right to do what we did? Would we have been better off buying new?
Then I looked around to see what 150K would have bought us new: not much. For a similar size bargain basement Bavaria or Beneteau you're quickly at 190K+.
Benefiting from 20/20 hindsight:
- Did we do the right thing?: YES
- Would I do it again?: NO

Oh come on are you going to sit at home and watch Trish? I don't think so, you can't take it with you of course you would do it again.
 

Sailfree

Well-known member
Joined
18 Jan 2003
Messages
21,555
Location
Nazare Portugal
Visit site
No just just you.
I wonder what the depreciation on that would be say over 5 and 10 years.


At worse say 33%. At best 0%.

I have bought 3 new boats from Euroland and have witnessed a steady decline in the buying power of £ which amuses me when in the Lounge nearly everyone has the Euro finished. This has though reduced the depreciation.

To answer your question in more detail - the depreciation will depend on the variation in the exchange rate £=Euros, the inflation in the material costs, the state of the economy in 5-10yrs time (many people well off with disposable income?), the desirability of the boat then compared to its current competitors.

For my 2p I think the Euro is too big a currency for the EU or the world to allow it to fail but its value may fluctuate to say 1.30 (assuming call me Dave sorts out the UK), inflation will increase and likely to be say 25% over next 5 years. The others factors you decide.

Having gone through the last 12 yrs costs of boat ownership the real decision is accepting it costs and can you afford the luxury or have more basic financial commitments first.

I prefer to sail and maximise my pleasure now as I will be less fit in 10yrs time and the memories are priceless.

The price of a production boat is really dependent on the material weight and I do wonder what strength a boat in 10yrs time will have. Often 5-15yr old boats are preferred as the thickness of the layup and quality of workmanship is better. Personally I can see a big difference in weight and quality between my 6yr old Jeaneau 43DS and a current 43 and while I might consider buying say a Southerly or Acona I could never consider paying a lot more to replace my boat with what I consider an inferior new product.

Your call.
 

Spyro

Well-known member
Joined
18 Jan 2003
Messages
7,591
Location
Clyde
Visit site
If you're worried about depreciation buying a boat is not for you.
You'd be better off chartering. No-one ever got rich owning a boat.

Too late for that :rolleyes:
I'm not worried about it because I won't be spending £100k on a new boat.
Anyway chartering is not for everyone. The whole point of having your own boat is the freedom of doing what you want whenever you want. I imagine like most forumites I don't want to only be able to sail only 2 or 3 times a year. Chartering is great for a family holiday or a group of friends but I tend to think of people who charter yachts like people who go skiing holidays for 1 week per year. What's the point of doing something if you can only do it once a year.
 
Top