GT Yachts are back!

[flaming]

I think the price target is £200k sail away, which is probably pretty competitive.

Yes, that probably would be competitive.
Shall we say my eyebrows are a little raised at the concept of a startup builder with claims of a quality product on reasonably low volume production getting to that price point....?

 

[doug748]

I think it is a truth universally accepted that a £200k yacht costs at least 300 thousand to actually own.

 

[dunedin]

I think the issue with building small boats, as somebody on here outlined previously, is that a huge amount of the costs are relatively fixed (as opposed to reducing in cost with size) - for example
- electronics, cooker, fridge, calorifier etc all pretty much fixed costs (for boats in a moderate size range)
- labour costs for installation of engine, steering etc etc pretty much fixed

 

[ashtead]

I have this feeling a likely price point might be more akin to Rustler surely?

 

[Tranona]

I think it is a truth universally accepted that a £200k yacht costs at least 300 thousand to actually own.

Lot of truth in that, but more so with "premium" brands compared with production boats. When I costed the alternatives to my Bav 33 it was striking now much more the same "extras" were on some boats. Things like nav gear, bow thruster, fancy props etc where Bavaria prices were not much more than the retail price of the hardware whereas others charged premiums as much as 50%. For example the bow thruster (Sidepower 60) was roughly £4k and on an HR 310 over £6k for exactly the same bit of kit. The end result is that a base price premium of 30% ends up with a final price like for like as much as 80% more.

Suspect that will be the same for this boat. Competitive headline price, but different story for a dully specced boat

 

[eddystone]

I always thought that there was a market for this type of boat, just that nobody had the courage to build one in a real production way. Think of the success of the Moody Eclipse 33 (which was 5.7 tonnes and the desirability of the Southerly 32 - all of 7.2 tonnes!). I can imagine Bavaria doing a "Vision" on the 33 that I had. Bit more displacement and ballast (lead keel) greater sail area raised aft coachroof with windows, bit more plush down below and a 25% price premium over standard. It worked with the bigger sizes (38-46') although the volumes were not huge. If such a thing had been available I would have bought one and judging by the sort of people who bought the 33 in the UK suspect many others would. At around £125k in 2015 it would have been just above the price of a 37.

There is of course the Sirius 35 with twin or lift keel sort of meets the same brief but I think the price is so far north of £200K it could travel to the North Pole and back again.

 

[Tranona]

Yes, and they used to offer (maybe still do) a 32. Only tiny numbers built though. They seemed to have found a sustainable niche not big enough for anyone else to enter.

 

[dunedin]

Yes, and they used to offer (maybe still do) a 32. Only tiny numbers built though. They seemed to have found a sustainable niche not big enough for anyone else to enter.

Sirius numbers are small but not tiny. When I wintered in Baltic Germany there were 15 or so Sirius around me in the marina. And there was a brace of Sirius 35s cruising in company recently in Scotland. But definitely boats for people who prefer to spend their money on smaller but innovative rather than a much bigger Ben/Jen/Han/Bav. And that’s before you tick the carbon mast options etc.

 

[Tranona]

I seem to remember less than 20 boats a year of all sizes. You probably saw the biggest concentration anywhere in their home market. Rather like saying there are (or were) a lot a lot of Sadlers in Poole or Contessa 32s in Lymington.

 

[WindyWindyWindy]

Are there really lots of people who have a quarter of a million pounds to spend on a boat to be used for coastal cruising but only want one 32 foot long...?

There probably should be. 32 foot is plenty enough for a bloke on his own.

 

[doris]

There probably should be. 32 foot is plenty enough for a bloke on his own.

Size wise, the GT 325 would seem to be a head on rival to a HR 342 (a lovely boat) and the like.

 

[SaltyC]

There probably should be. 32 foot is plenty enough for a bloke on his own.

Ah 32' 1 in absolute luxury, 2 in comfort. Small enough to handle, big enough to cope with the weather and make good passage times.

 

[James_Calvert]

Back in the mid '80s, a new 32 footer cost about as much as half a large house.

Think about what size house you'd get now for £0.5M. That £0.25M for a new 32 footer today doesn't look so bad now does it.

Just need a spare house to sell.

 

[Seven Spades]

I see no reason why it should not be priced in line with a Rustler or HR if the quality and design is right. I think there is a demand for shallow draft yachts and yachts that can dry out so it is probably not a bad niche to go for. It is just important to get it right this time. Make sure there is a wow factor. Southerly's are not cheap boats and yet they continue to sell.

 

[DFL1010]

Back in the mid '80s, a new 32 footer cost about as much as half a large house.

Think about what size house you'd get now for £0.5M. That £0.25M for a new 32 footer today doesn't look so bad now does it.

Just need a spare house to sell.

Now that is comedy gold!

Chapeau.

 

[newtothis]

Back in the mid '80s, a new 32 footer cost about as much as half a large house.

Think about what size house you'd get now for £0.5M. That £0.25M for a new 32 footer today doesn't look so bad now does it.

Just need a spare house to sell.

The spare flat I own is going to get a shock when it realises it's actually a yacht.

 

[ashtead]

A secondhand southerly 32 then ?

 

[ds797]

Any updates?

Website is still live but no posts on their blog in the last two years.

How many 325 or 35s have now been built?

Both boats looked nice but not sure of the size market for them when a Ben/Bav/Jean/Hanse does 95% of the job for <50% of the price.