JimC
Well-Known Member
Does the 10% inflation mean that the sterling value of our boats is increasing at that rate?
Inflation
- Thread starter JimC
- Start date
Daydream believer
Well-Known Member
Not yours. The price of skips for removal has doubled. 
ash2020
Well-Known Member
Not at all. It depends on how much someone wants to pay for it. With rampant inflation, people won't be able to afford luxury items, so the demand will drop and so will the price.
jac
Well-Known Member
If disposable income also goes up at 10% then it might but the price of everything is driven by supply and demand.
What i suspect may happen is that costs for new boats may increase wh9och just gives more space for people to price older boats a little higher. Whether they sell or not is a different question
peter gibbs
Well-Known Member
Dead right. New boat prices are driving the pre-loved market. Nobody yet reporting falloff in demand- economic theory in cold store - what a surprise. Perhap those early retirers, being encouraged to find a new interest outside the home, have toddled off to the marina.....just for a look, you know, nothing serious. So it goes.
Concerto
Well-Known Member
If you order a new boat, the contract has the clause that the price will increase as prices of materials increases. You can guarantee at least one price increase as delivery has been quoted in years for most boats at the Southampton Boat Show. Most of the orders are for the charter market as there is a healthy demand in exotic places.
So, if you cannot wait for a new boat, you have to look at the recently built boats on the secondhnd market and will probably pay a price close to what the seller paid. This will trickle down the whole of the market until those who cannot afford to buy a better boat or cannot afford to keep one. That is on top of the regular number of people swallowing the anchor due to age.
So JimC, it will all depend on which section of the market your boat is in. Again the usual maxim of condition also affects the selling price. I have been helping someone to buy a boat, but he has been disappointed with the condition of all of the boats currently on the market he was interested in, so has agreed to buy a slightly smaller boat purely on condition.
So, if you cannot wait for a new boat, you have to look at the recently built boats on the secondhnd market and will probably pay a price close to what the seller paid. This will trickle down the whole of the market until those who cannot afford to buy a better boat or cannot afford to keep one. That is on top of the regular number of people swallowing the anchor due to age.
So JimC, it will all depend on which section of the market your boat is in. Again the usual maxim of condition also affects the selling price. I have been helping someone to buy a boat, but he has been disappointed with the condition of all of the boats currently on the market he was interested in, so has agreed to buy a slightly smaller boat purely on condition.
