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Deleted User YDKXO
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Which supplier?
Fuel Prices South of France
- Thread starter Bouba
- Start date
Which supplier?
Bouba
Well-Known Member
That’s the same as our local supermarket
petem
Well-Known Member
Well, we had four days out on the boat last week with friends; a couple of trips down to Moraira, a cruise north along the cost past Benidorm and another play around in the bay. A great time was had by all and we used 183 litres of fuel @ €1.26 a litre costing €231 in total. Further proof that....
a) you don't need to use a load of fuel to have fun
b) fuel really is an insignificant coast of running a 34ft 17 ear old motor boat (I doubt we'll use €2000 for the whole season)
c) fuel is way cheaper in Spain than the SofF
a) you don't need to use a load of fuel to have fun
b) fuel really is an insignificant coast of running a 34ft 17 ear old motor boat (I doubt we'll use €2000 for the whole season)
c) fuel is way cheaper in Spain than the SofF
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Deleted User YDKXO
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Youre dead right about that. Fuel, even at SoF or Italian prices, is only a small element of the total cost of running a boat. Of course, the reason it gets so much attention is that we buy it regularly and we see the credit card receipt the instant we do buy it. The biggest cost of running a boat is usually the one nobody talks about - depreciation - especially on new or newer boats
petem
Well-Known Member
Actually Mike, our boat has been appreciating nicely since we bought it so it's not a cost that even registers with me (you see people asking £120k now for T34's - they were only £150k new).
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Deleted User YDKXO
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I suspect thats an effect of the depreciation of Sterling and as they say, currencies go up as well as down. Apparently I'm sitting on an appreciation in value of my boat too, in Sterling terms, but it doesnt alter the fact that the first owner of my boat lost €1.3m on it (I have a copy of the original invoice). The other factor of course is that we seem to be at the end of a benign economic cycle and could be about to enter a global downturn and, just like in 2008-12, that is likely to depress used boat values. The hard evidence in my case is that I've bought and sold 13 boats over nearly 30yrs and only made a bit of money on one of them which is why I never use the word 'invest' when talking about buying boats. 'Waste' would be a better term
petem
Well-Known Member
I suspect thats an effect of the depreciation of Sterling and as they say, currencies go up as well as down. Apparently I'm sitting on an appreciation in value of my boat too, in Sterling terms, but it doesnt alter the fact that the first owner of my boat lost €1.3m on it (I have a copy of the original invoice). The other factor of course is that we seem to be at the end of a benign economic cycle and could be about to enter a global downturn and, just like in 2008-12, that is likely to depress used boat values. The hard evidence in my case is that I've bought and sold 13 boats over nearly 30yrs and only made a bit of money on one of them which is why I never use the word 'invest' when talking about buying boats. 'Waste' would be a better term
A bit of a slump might present the perfect time to buy that San Lorenzo Mike.
Perhaps Brexit will have a dividend after all!
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Deleted User YDKXO
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Youre not wrong there! There were some cracking bargains around during the last downturn but of course you've got to sell your existing boat first. Just by way of example, when I bought my current F630, I was offered one of these https://www.yachtworld.co.uk/boats/2011/mochi-craft-long-range-23-3526686/ at a price which was less than half of the asking price of this one. I looked at it and liked it but in the end I thought too big, too wacky but looks like I missed out big time
petem
Well-Known Member
Youre not wrong there! There were some cracking bargains around during the last downturn but of course you've got to sell your existing boat first. Just by way of example, when I bought my current F630, I was offered one of these https://www.yachtworld.co.uk/boats/2011/mochi-craft-long-range-23-3526686/ at a price which was less than half of the asking price of this one. I looked at it and liked it but in the end I thought too big, too wacky but looks like I missed out big time
Yeah but it's always about price differential.
That Mochi is a lovely thing Mike and for something a little whacky I think it will date well.
Bring on the "no deal"!
Portofino
Well-Known Member
I’d say after the elected ,volunteered opted in ,but nobody likes talking about word depreciation, the next biggest cost in the W Med is berthing .No where near the losses on a new boat .
For those who mitigated against deprecation opted out buying a boat with rarity calculated at the bottom of its dep curve then berthing is the biggest cost .
I’ve been offered €60000 more than I paid for it with my boat and since only approx 21 built and the maker sold up and the integrity newer ones alleged lower than the older modals demand has firmed up in euro Med land for pre 2004 Itama .
It’s a basic supply / demand thing .
When the supply dries up or shrinks then with the same number of players in effect they are fighting for fewer boats available.
I saw this with a Ferrari I bought when i lived in the UK .
At its peek in production according to the DVLA approx 1300 where registered. 10 years later ( superseded as always btw ) by a newer modal there were only 700 .
Most exported to other RHD countries like Malaysia , Australia etc .
But the demand is still there blokes wanting one , fighting for fewer cars as out of production.
No prizes in economics for figuring which residuals went
.
For those who mitigated against deprecation opted out buying a boat with rarity calculated at the bottom of its dep curve then berthing is the biggest cost .
I’ve been offered €60000 more than I paid for it with my boat and since only approx 21 built and the maker sold up and the integrity newer ones alleged lower than the older modals demand has firmed up in euro Med land for pre 2004 Itama .
It’s a basic supply / demand thing .
When the supply dries up or shrinks then with the same number of players in effect they are fighting for fewer boats available.
I saw this with a Ferrari I bought when i lived in the UK .
At its peek in production according to the DVLA approx 1300 where registered. 10 years later ( superseded as always btw ) by a newer modal there were only 700 .
Most exported to other RHD countries like Malaysia , Australia etc .
But the demand is still there blokes wanting one , fighting for fewer cars as out of production.
No prizes in economics for figuring which residuals went
.
Truro Ex Pat
Well-Known Member
Pete just to agree with you its more money in France but we do not do very many miles between ports, we have done 12 miles in 4 days and did 4 stops where as in Mallorca we would have done 100 miles to do 4 different marinas so I reckon its a cost saving as we are likely to stick between San Remo and St Tropez which I Think is not much more than 120 miles from one end to the other and that's season take care of, also because its a very short distance between marinas we tend to travel much slower as well which all adds up to less money spent, on average we do 3500 euros a year in fuel and around 8,000 to 16,000 euros on berths depending where we are so fuel is only part of it!
Bouba
Well-Known Member
Absolutely, even at displacement speed a days travel in either direction can give you a lifetimes worth of playgrounds
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Deleted User YDKXO
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petem
Well-Known Member
Man maths in all its glory. Love it
Indeed!
More importantly for me would be the availability of really good / cheap independent Volvo engineers (putting aside English brekkies and the price of a pint). Do these guys exist in the SofF?
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Deleted User YDKXO
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The words cheap and SoF simply dont go together
markc
Well-Known Member
Yep, we've spent the past month or so pottering between ports and anchorages. I think the longest leg we have done is 16nm, and on average we've been doing about 9 knots. I think I've used around 800 litres and will add 500 tomorrow to cover our last 10 days.
mcanderson
Well-Known Member
I use an independent engineer and it’s €70 an hour plus tax.
I have previously heard good things about the VP engineers in San Remo and their prices, but I haven’t tried them myself.
I figure that time and fuel of travelling to San Remo versus using my guy local to me tips the balance to staying local.
petem
Well-Known Member
Ouch, that's a lot, I'm used to paying less than half that.
mcanderson
Well-Known Member
I might be able to get cheaper, but he is good. Happy for me to buy the parts, happy for me to watch/get in the road when he is doing work for me. Most importantly he will come to my help when I need it. That last bit is worth more to me than trying to find another engineer.
petem
Well-Known Member
My guy does all that too (however he's still to fix an issue on my boat so I'm holding judgement for now)!
But I totally agree, you need the guys in the marina who are working flat out 7 days a week to keep everyone on the water. They can have a day off in the winter!