How are 2nd hand boat sales at the mo ?

[Jobs_a_ good_ un]

Got a email from ancasta saying they sold 250 boats in 4
mths
True or not ?

 

[reginaldon]

Which four months?

 

[footsoldier]

There's a thread on this earlier today, entitled "Spinning into oblivion"

 

[hairbox]

selling like hotcakes house dwellers moving to livaboard life all the rage!

 

[l'escargot]

And at what price? Look around the internet brokers - prices look to be lower. Anything sells at the right price.

 

[minkysailing]

Have been following the other thread 'Spinning into oblivion' with some interest...to be honest have found it a little diffiuclt to understand.....Even if Ancasta have sold 250 new and used boats in the last 4 months (a claim I find very difficult to believe) would you shout about this in the current economic climate... With a potentially very difficult London Boat Show on the way and difficult times ahead I hope they are not building up to a massive fall...you heard it here first..!!!!

 

[tangomoon]

Boats are getting cheaper as time goes on and there are a lot more on the market.

 

[emnick]

Perhaps UK boats are selling in Europe! afterall they are now up to 30% off!

 

[Richard10002]

[ QUOTE ]
Got a email from ancasta saying they sold 250 boats in 4 mths
True or not ?

[/ QUOTE ]

Their ad in YM shows 16 offices in the network, including 2 in France. Crunching the numbers suggests that each office sells 4 boats per month on average.... or 1 a week, which doesnt sound quite so impressive as 250 in 4 months.

Also, assuming that they get a share of the repossession market, (boats which "must" be sold, albeit at a reasonable price, given the market conditions /forums/images/graemlins/smile.gif ), it is even less impressive from the ordinary boat seller's point of view.

I remember seeing The Halifax, (estate agents), advertising that they sold so many houses per day but, when you crunched the numbers, each office was averaging just the same as I was per week, (2), or month, (8), or whatever.

In conclusion, the figures are probably true, and have been spun to sound much more impressive that they actually are.

Cheers

Richard

 

[jamesjermain]

I'm sure the email is correct. Boats do seem to be selling. A cousin of mine has just told me he put in an offer on an east coasts based Moody 36 which was politely declined because the owner had already been offered the asking price - no signs of a recession there it seems.

 

[thefatlady]

[ QUOTE ]
Perhaps UK boats are selling in Europe! afterall they are now up to 30% off!

[/ QUOTE ] I've been watching mainland European prices. They were lower than the UK, but now they seem to coming more into line. They may now be a little lower, but they are certainly not 30% lower as a result of the exchange rate. UK boats were overpriced.

 

[shane1915]

Hi
I have been looking for a used Bavaria 27 sport, and noticed yesterday, that Clipper Marine are now selling Bavaria motorboats, has Ancasta lost there dealership are they in trouble.

 

[Babbers]

UK boats were overpriced.
We were looking at 4 boats - one in the US, one in Holland and 2 in the UK.
The recent sterling slump means that it'll now most likely be one of the UK boats.

 

[emnick]

I guess you are right, we bought ours in Sweden and got just under 14Krnr to the GBP a good deal at the time!
However I think the whole of Europe (and world) will be tightening their belts.I think I would wait a little longer if I were buying now.

 

[BurnitBlue]

Absolutely true. There is an easy way to judge this effect by comparing the price of an Albin Ballad or Vega in UK to the price in Sweden. www.blocket.se is the main outlat for used boats as well as cars etc.

UK prices made me laugh but not now as they are coming into line.

 

[Gludy]

But the reason that UK prices are coming into line is because the £ is losing its value in the world so whilst that makes UK prices cheaper for Euroland or Dollarland it still means that for the UK punter its expensive.

Or you can say that all other boat prices have gone up by 25%!!!

IMHO boat prices have a fair way to fall as yet. /forums/images/graemlins/ooo.gif

 

[BurnitBlue]

I am in the market to buy a larger boat with funds presently in HSBC.

That moody 36 was well under market price for some reason. Probably needed lots o loot spending on her. For evidence of stagnation note that there are four Rustler 31s for sale for two month now. This is marque which used to sell quickly.

Overall, though, I have the impression that folk are using the more expensive and new boat purchases to export cash from UK without the swinging bank charges and FX spread and to avoid losing their cash when the UK government fires up the printing presses.

 

[Cerddinen]

In order to undertake some statistical analysis at a later date I have been keeping a database of second-hand boats coming onto the market. To provide a benchmark for reflecting on the Ancasta figure I can report that 276 boats newer than 1970 and in excess of 9m have been advertised as available in the UK on the yachtworld.com website in the two months since October 14. This includes only series production boats so ignores a few one-offs, racers, and superyachts.

 

[BurnitBlue]

I am using boat purchase with UK funds to get out of sterling in a "pleasant" way to offset the currency devaluation and avoid bank charges and FX spread.

I may be wrong about sterling but it does provide a tremendous excuse to the wife about buying another boat.

 

[Tranona]

If it is the 1970s one then there would be a reason for a low price.