I'm gonna buy a Fulmar tomorrow. Should I?

Blueboatman

Well-known member
Joined
10 Jul 2005
Messages
13,733
Visit site
This thread has gone from popping out to buy a boat to ‘ it’s complicated’ to building a more sophisticated plan ?
It always is a matter of juggling time and commitments , sadly
Marina berthing rates remain pretty sobering though !
Tick tock….tick tock …tick tock ( that’s three years of marina fees )
 

Stemar

Well-known member
Joined
12 Sep 2001
Messages
23,567
Location
Home - Southampton, Boat - Gosport
Visit site
Not if the mud berth were Brighton marina...
Another reason not to keep a boat in Brighton, not that I needed one. It's a useful overnight stop on passage up or down the Channel, but not somewhere I'd want to keep a boat. People grumble about the crowds in the Solent, but there's any number of places to go for a gentle overnight trip and home the next day
 

oldmanofthehills

Well-known member
Joined
13 Aug 2010
Messages
5,064
Location
Bristol / Cornwall
Visit site
Ach no, its the same size as my longbow which costs around £500 a year including sailing club fees, down in essex. I know the solent is expensive, and some of the clyde marinas can be too, but there are plenty other options, none of them anywhere near 6-10k.
Marinas cost a lot, but swinging moorings or trots are between £100 to £600 per annum plus usually club fees - and i would reccommend a club mooring for the additional security it gives. Our old Pentland averaged out at £1500 per annum over 10 year span including new sails engine and rigging. It would have been less hassle to buy boat with better engine and sails but probably overall the same cost

Didnt stop us buying another boat needing everything replaced but at least I was better prepared except for rigging costs which post Brexit have risen sky high
 

doug748

Well-known member
Joined
1 Oct 2002
Messages
13,235
Location
UK. South West.
Visit site
And if you had used a marina you would prob have averaged around 2.5-3k pa, still not 6-10k pa, which decidely would make boating a preserve of the wealthy.



Well, if you re-read my post with care you will see that I suggested that most people would be in for 6 to 10 thousand pa running a 32 ft boat. That's ignoring depreciation, looks ok to me; it's a working figure not a maximum or minimum


The OP has already told us that he would be using a marina on the Clyde, so that's c £3200 in one pop + electricity, for the berth alone:

Berthing and Tariffs

A very attractive deal

What is your estimate for the additional costs involved in running a boat?

.
 
Last edited:

James W

Active member
Joined
26 Jun 2011
Messages
916
Location
Essex
Visit site
Well, if you re-read my post with care you will see that I suggested that most people would be in for 6 to 10 thousand pa running a 32 ft boat. That's ignoring depreciation, looks ok to me; it's a working figure not a maximum or minimum


The OP has already told us that he would be using a marina on the Clyde, so that's c £3200 in one pop + electricity, for the berth alone:

Berthing and Tariffs

A very attractive deal

What is your estimate for the additional costs involved in running a boat?

.

Even with a marina berth circa £3500/annum......£6-10K running costs/year?! Perhaps if you were treating the boat to a new engine or a new set of sails every single year! :oops:
 

steve yates

Well-known member
Joined
16 Oct 2014
Messages
3,855
Location
Benfleet, Essex/Keswick, Cumbria
Visit site
As for other running costs, I wouldnt include major refurbishment as running costs, but budget for those separately. Running costs would be anti fouling , ropes, fenders, engine and outboard regular maintenance etcetc.
But even including big refurbs stuff, I have spent 4k between 2017and now, so 1k pa.

Thats new fuel tank, including removing engine to install and cutting new access through cockpit, new sounder and compass instruments, new batteries, new engine mounts, and new morse control system.
 

roblpm

Well-known member
Joined
30 Mar 2012
Messages
7,300
Visit site
Well, if you re-read my post with care you will see that I suggested that most people would be in for 6 to 10 thousand pa running a 32 ft boat. That's ignoring depreciation, looks ok to me; it's a working figure not a maximum or minimum


The OP has already told us that he would be using a marina on the Clyde, so that's c £3200 in one pop + electricity, for the berth alone:

Berthing and Tariffs

A very attractive deal

What is your estimate for the additional costs involved in running a boat?

.

I'm not gonna but in to you guys arguing.... ?

But the link is Port Edgar where I used to keep my boat and is near Edinburgh on the Forth, not the Clyde. Clyde is more expensive.

Anyway I am a master of spreadsheets and budgeting as my basic role in my business is to make sure everything gets paid...... Hence after the beer had worn off from the original post I have decided to wait 12 months until my post divorce bank balance makes it easier....
 

doug748

Well-known member
Joined
1 Oct 2002
Messages
13,235
Location
UK. South West.
Visit site
Even with a marina berth circa £3500/annum......£6-10K running costs/year?! Perhaps if you were treating the boat to a new engine or a new set of sails every single year! :oops:


It was a suggested range of yearly expenses for a boat that size. A marina berth on the south coast could be £7000 and more.

In roblpm's example we can accept the marina will be at least 3.5k+ and haul out fees etc and other mundane maintenance is, say £500. There are always upgrade expenses connected with a new boat some say keep 10k aside, some less, depends on the boat and buyer. However if we take steve yate's figure of Ik pa then we have a new total of £5000 for the year and we have still to insure the boat and have not yet gone anywhere

It gets worse, for it the boat is bought at top dollar, 25k; in 5 years time our imaginary market may have turned and the boat may be worth only 15. So we can add a notional -10k to the mix. Thus the boat has taken £40,000 out of the OP's 40 foooter fund, over 5 years. There is no doubt sailing gets cheaper the more expenses we ignore.



In any case the figures are a bagatelle, the point I was making is that whatever the spend, it will be delaying the point at which roblpm can go for the boat he really wants. However, it was posted in the spirit of helping see all round the matter I agree with most of the others; buy the boat if you can afford it, none of us know what is round the corner.


.
 

awol

Well-known member
Joined
4 Jan 2005
Messages
6,826
Location
Me - Edinburgh; Boat - in the west
Visit site
It gets worse, for it the boat is bought at top dollar, 25k; in 5 years time our imaginary market may have turned and the boat may be worth only 15. So we can add a notional -10k to the mix. Thus the boat has taken £40,000 out of the OP's 40 foooter fund, over 5 years. There is no doubt sailing gets cheaper the more expenses we ignore.
In 5 years time the ideal 40' dreamboat turns up and his offer is accepted leaving the OP with 2 boats and expenses for both until he cracks and gives the 1st one away for a desultory price. Or ............
 

Sailfree

Well-known member
Joined
18 Jan 2003
Messages
21,536
Location
Nazare Portugal
Visit site
Robplm.

You started this thread with the question of should you buy tomorrow.

You now think you will save some more and buy in 1yr.

A major factor of boat ownership is the balance between sailing the boat and maintaining the boat plus the cost of repairs. Hence buying one in the best possible condition is important.

Can I therefore suggest you start allocating time to look at any convenient examples that are for sale to educate yourself of known problems and what condition you can get for the money all with the aim of being happy to take 1yr to identify the best possible example.

Your problem will be if you find that great example sooner rather than later!

Last peace of advice judge the owner not just the boat. Has he maintained it with lots of TLC and no expense spared or is he a bodger and sorry to be distrustful but if you can have a look at his car- is that well looked after or a rubbish tip inside and wing mirror held in place with gaffer tape? This should help avoid a well presented boat that has been just tarted up to look good to sell.

Looking now will also keep enthusiasm level high and keep your dream alive in addition to maintaining the motivation to keep saving the money!

Good luck.
 
Last edited:

laika

Well-known member
Joined
6 Apr 2011
Messages
8,205
Location
London / Gosport
Visit site
the point I was making is that whatever the spend, it will be delaying the point at which roblpm can go for the boat he really wants.

The first part of this thread had a bunch of “who knows what the future holds?” examples. In 5 years robplm may decide he’ll cash out with more if he puts in another few years, or may end up with a reason good, e.g. new partner not ready to give up a career, or bad (a condition requiring proximity to hospitals) to stick to the uk.

Respecting.other opinions, mine remains that one is best off buying a boat which is good for what you want to do in the near future and worrying about long term when it becomes “next month”.
 

Sailfree

Well-known member
Joined
18 Jan 2003
Messages
21,536
Location
Nazare Portugal
Visit site
OK all great advice..... ?

Maybe I should expand this thread into advice about all the other aspects of my life.....?!

Sort of ybw meets mumsnet?

Aspect of Life ??

With many contributors mentioning divorce somewhere in their posts there might be good grounds to start another ybw forum called "Divorce"

Advice could cover 1. How to maintain a marriage and avoid divorce. 2. How to keep you wife sailing and avoid divorce. And lastly how to mitigate the cost when divorce is inevitable! :cool:
 
Last edited:

roblpm

Well-known member
Joined
30 Mar 2012
Messages
7,300
Visit site
Aspect of Life ??

With many contributors mentioning divorce somewhere in their posts there might be good grounds to start another ybw forum called "Divorce"

Advice could cover 1. How to maintain a marriage and avoid divorce. 2. How to keep you wife sailing and avoid divorce. And lastly how to mitigate the cost when divorce is inevitable! :cool:

I think your post missed a stage before number

0.5. How to marry the right sailing woman in the first place.

Or alternatively.

0.1. Don't get married.
 

Biggles Wader

Well-known member
Joined
3 Mar 2013
Messages
10,955
Location
London
Visit site
Aspect of Life ??

With many contributors mentioning divorce somewhere in their posts there might be good grounds to start another ybw forum called "Divorce"

Advice could cover 1. How to maintain a marriage and avoid divorce. 2. How to keep you wife sailing and avoid divorce. And lastly how to mitigate the cost when divorce is inevitable! :cool:
Dont even think about it-----Doug would dob you in for being too close to current affairs.
 

oldmanofthehills

Well-known member
Joined
13 Aug 2010
Messages
5,064
Location
Bristol / Cornwall
Visit site
In 5 years time the ideal 40' dreamboat turns up and his offer is accepted leaving the OP with 2 boats and expenses for both until he cracks and gives the 1st one away for a desultory price. Or ............
As we did. It was the Navigators dreamboat and we lost £12k of our extensive upgrade of sails engine and rigging on the old boat which we only had for 10 years. I did on the way learn that it is best to do upgrade/replace near purchase so we get benefit not just the next owner.

Do I regret it? No ! For who can foresee the future?

Do I regret paying so much for Navigators Dreamboat now I realise how poor the sails engine and rigging were. Well a bit but I would only have wasted the money on beer and I can look forward to comfortable extended cruising with my dearest into my semi retirement
 
Top