Whitelighter
Well-Known Member
As if we wouldn't already know... Spending £700k on ANY boat is nuts, period.
You make an excellent point
New Fairline Targa 43 Open
- Thread starter Sojourn
- Start date
You make an excellent point
PowerYachtBlog
Well-Known Member
As if we wouldn't already know... Spending £700k on ANY boat is nuts, period.
That is also true. But as Deleted User explained in another post, the hit you would have on a 43 feet or 13 meter new sport cruiser is huge.
There used to be an exception to this, when the market was strong and delivery times where long and sometimes in new models you would get your money back.
I have had customers who made a small loss with relatively new boats or even a tiny profit some fifteen years ago.
Current market is not there.
rafiki_
Well-Known Member
A Prinny 43 Fly is similar money, and would probably get my vote.........if it weren’t for the Azi 43 Magellan at about £550k, with 3 cabins, huge fly and a decent saloon.
MapisM
Well-Known Member
Agreed, P.
Generally speaking, I've never been a fan of the "wannabe trawler" segment, which in the last years became rather popular. But just recently, I had an opportunity to see a 53 Mag, and I must admit that they are into something with that boat - hence with the whole Magellano line, I suppose.
It's a pity that they didn't start building them earlier, 'cause I would have gladly considered her (even if a tad smaller than my ideal target), if only there would be some around old enough to become at least half worth their price...
Generally speaking, I've never been a fan of the "wannabe trawler" segment, which in the last years became rather popular. But just recently, I had an opportunity to see a 53 Mag, and I must admit that they are into something with that boat - hence with the whole Magellano line, I suppose.
It's a pity that they didn't start building them earlier, 'cause I would have gladly considered her (even if a tad smaller than my ideal target), if only there would be some around old enough to become at least half worth their price...
jrudge
Well-Known Member
Our boat show correspondent jimmy le constructor advises the price of the show boat was 645 plus vat so £774k inc vat.
As an aside from the pics they have done a lovely job of it. Heading there today in the rain so let’s see
As an aside from the pics they have done a lovely job of it. Heading there today in the rain so let’s see
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petem
Well-Known Member
Regarding the price, it's a tricky one. New boat prices are eye watering but we now have a 21% VAT rate (in 1998 when I ordered my last boat is was 17%). A pound only buys you €1.1 today (it was €1.4 in 1998) meaning that resin, engines and electronics are costlier. And the original Targa 43 had a mid cabin lined with vinyl and a little bit of wood and some Alcantara to make it feel posh. The new Targa 43 has beautifully finished mid cabin with acres of hand lacquered wood. Of course the weak £ will mean that it'll be a cheaper boat in key markets like the Baldrics and the US where most of these will sell.
Apart from the hulls that are now resin infused, Fairline build the boats in the same way that they did 20 years ago. I'd hazard a guess that there's not much difference in build time between the old and the new T43 (even the woodwork is still hand lacquered).
I genuinely think that manufacturers can't win (not on here anyway). Build them down to a price and we moan about the quality. Give the mid cabin full standing headroom and some about the height of the boat. Lower the boats profile and you moan that there isn't full standing headroom. Give the boat a full beam mid cabin and some moan that there's no third cabin.
Finally, if anyone thinks the price of the T43 is crazy, the Princess R35 is even dearer!
Apart from the hulls that are now resin infused, Fairline build the boats in the same way that they did 20 years ago. I'd hazard a guess that there's not much difference in build time between the old and the new T43 (even the woodwork is still hand lacquered).
I genuinely think that manufacturers can't win (not on here anyway). Build them down to a price and we moan about the quality. Give the mid cabin full standing headroom and some about the height of the boat. Lower the boats profile and you moan that there isn't full standing headroom. Give the boat a full beam mid cabin and some moan that there's no third cabin.
Finally, if anyone thinks the price of the T43 is crazy, the Princess R35 is even dearer!
PowerYachtBlog
Well-Known Member
Not entirely correct. There was a time when for example the new Squadron 55 gathered a lot of applause from the forum.
Or the V48 when it launched. Or a Pershing 62 which was showed at Southampton some years ago.
It is obvious that a 43 footer with full height full beam cabin midships cabin will have to give something. It depends how it looks on the flash.
The problem with those prices of the Targa 43, is that thinking about it about a 100k more will give you the Sunseeker 50 Predator.
MapisM
Well-Known Member
Haha, very good point indeed!
You might even wonder, whenever something is acclaimed here in the asylum, if that doesn't actually suggest that it's a totally silly idea (clue AnCam)...
That said, it would be nice if builders would stop using false claims, to start with.
I know you are only using it as you heard it, but "hand lacquered wood"?
Perleeeease… It's not like we are talking of an antique Japanese bowl, here!
Btw, I'm skeptic that the wooden panels could be as nice as they are (in many boats actually, not just FL), if they were REALLY hand lacquered. :ambivalence:
petem
Well-Known Member
Nope, price difference is £200k inc VAT (T43 £605 inc VAT, SS 50 £810 inc VAT).
Sojourn
Well-Known Member
The old 43 was a beautiful boat finished to the highest standard, not just vinyl, Alcantara and a splash of wood! It had the engines where they should be and on shafts. Being in the industry myself, not a big fan of IPS, seems all wrong
jrudge
Well-Known Member
I suppose the challenge of the manufacturer is to ask why it is costing £775k and what can they do to lower it
Working back down the value chain and using the ex vat price of 645k the dealer will have about 23%. So Fairline sell it to them for circa £525k
I have no idea of Fairline margin but let’s say 25% to make it worth them taking the risk and giving them a parity of ( albeit optimal ) return to their dealer.
This gives a cost price of circa £420k.
Probably £100k of that can be found in the engine room. That still leaves 320k which seems a lot to mould and fit out something if that size
Coincidentally I have just Knocked down my house and the contract to rebuild excluding fittings(kitchen bathrooms etc) is £420k. So the cost to build a 4500 sq foot house is the same as a 43 foot boat which seems a bit out of kilter.
We ( certainly I ) have focused more on the price as opposed to the boat - which looks lovely- which is a shame but sticker shock is alive is a reality!
Working back down the value chain and using the ex vat price of 645k the dealer will have about 23%. So Fairline sell it to them for circa £525k
I have no idea of Fairline margin but let’s say 25% to make it worth them taking the risk and giving them a parity of ( albeit optimal ) return to their dealer.
This gives a cost price of circa £420k.
Probably £100k of that can be found in the engine room. That still leaves 320k which seems a lot to mould and fit out something if that size
Coincidentally I have just Knocked down my house and the contract to rebuild excluding fittings(kitchen bathrooms etc) is £420k. So the cost to build a 4500 sq foot house is the same as a 43 foot boat which seems a bit out of kilter.
We ( certainly I ) have focused more on the price as opposed to the boat - which looks lovely- which is a shame but sticker shock is alive is a reality!
petem
Well-Known Member
When the lads and I visited FL a couple of years ago we saw their lacquering machine packed up in a corner of the factory waiting for it to be sold. FL didn't like it because it was expensive and could only deal with flat pieces of wood (going somewhere to explain the propensity for flat panels that we see nowadays I believe).
Instead they reverted to their old method of rubbing down each layer of lacquer then applying the next layer by hand. I'm afraid I cant recall if they sprayed the lacquer on or used brushes. Perhaps one of the other can recall?
petem
Well-Known Member
It was a beautiful boat (still is) and built to a very high standard but you cannot compare the mid cabin of the old T43 with the full beam version of the new boat (which is what I was specifically referring to in my post).
The old T43 still has many fans, not least because it was built like a brick shit house and as you say on shafts!
petem
Well-Known Member
Yeah but your builder doesn't need his own factory (with rates and stuff) and he certainly doesn't have to run an expensive marketing machine selling dreams to people with costly boat show stands and such like.
rubberduck
Well-Known Member
Illusion
Well-Known Member
Went to the show yesterday and following a shot wait to get through Fairline “security” managed get to crawl over the new Targa 43.
With us now on our 3rd Fairline, but having fallen out of love with the recent designs and build quality, I SO wanted this boat to be a statement of intent from the new company, signalling a change and new direction for the company. But sadly for me it wasn’t and I was left feeling very disappointed.
Sure there are some nice design touches and its not a bad looking boat (if you ignore the bright blue antifoul which was strange!!) and also accept the fact the boat is much taller than the sleek drawings indicated it would be, however it felt just too much like the T48. I can live with the extra height to some degree, as this is a trade off for excellent headroom down below. If the freeboard had been low and the lines more sleek, I guess plenty would have moaned about the lack of headroom - so its always a compromise!
But for me the first real disappointment was the helm station, taken straight off the disappointing T48, then the same (well for me) issue down below with the same design and feel of the T48 with the cold cheap feeling floor, small saloon seating and table and odd day heads with the thiny shower cubicle, stuck again right in the middle of the boat.
So for me’s there’s not enough change from the disappointing T48 and price wise I’m not sure why prospective buyers would buy a T43 and not a T48?
Can’t comment about sea keeping ability or performance yet, but I’m sure the MBY sea trials will provide a view. I really hope Fairline make a success of it and I hear the order books are full......which is great, but unfortunately personally I was left feeling cold in relation to my view of the 43 (which was a massive shame and feels like an opportunity lost). It certainly found me still finding a huge amount of value in my current and much loved Targa 47.
On another point the Pred 50 was a very pleasant surprise, but comes at an eye watering cost, fully spec’d.
With us now on our 3rd Fairline, but having fallen out of love with the recent designs and build quality, I SO wanted this boat to be a statement of intent from the new company, signalling a change and new direction for the company. But sadly for me it wasn’t and I was left feeling very disappointed.
Sure there are some nice design touches and its not a bad looking boat (if you ignore the bright blue antifoul which was strange!!) and also accept the fact the boat is much taller than the sleek drawings indicated it would be, however it felt just too much like the T48. I can live with the extra height to some degree, as this is a trade off for excellent headroom down below. If the freeboard had been low and the lines more sleek, I guess plenty would have moaned about the lack of headroom - so its always a compromise!
But for me the first real disappointment was the helm station, taken straight off the disappointing T48, then the same (well for me) issue down below with the same design and feel of the T48 with the cold cheap feeling floor, small saloon seating and table and odd day heads with the thiny shower cubicle, stuck again right in the middle of the boat.
So for me’s there’s not enough change from the disappointing T48 and price wise I’m not sure why prospective buyers would buy a T43 and not a T48?
Can’t comment about sea keeping ability or performance yet, but I’m sure the MBY sea trials will provide a view. I really hope Fairline make a success of it and I hear the order books are full......which is great, but unfortunately personally I was left feeling cold in relation to my view of the 43 (which was a massive shame and feels like an opportunity lost). It certainly found me still finding a huge amount of value in my current and much loved Targa 47.
On another point the Pred 50 was a very pleasant surprise, but comes at an eye watering cost, fully spec’d.
bluetooth
Well-Known Member
I swam down the pontoon yesterday to see the T43 and have to say I was sadly disappointed as a current T40 and previously T34 owner.
To me the boat is resembling a Bavaria/Sealine now being chunky and so high out of the water (there's no hoping of the side of the boat now), the cockpit having a chaise lounge (which I personally hate) and the interior fit outs. I'm also a fan of the canvas and the light airy cockpit this gives when its left up whereas the new design appears cramped in the cockpit despite the height of the boat and was also surprised to see the T43 new sliding roof pi##ing water all over the dash)
On returning to my T40 and checking out neighbours T43 this morning for immediate comparison I wouldn't want the newer generation even if I could afford the basic cost £500k exc VAT (with the previous thread figures including the huge list of extras)
To me the boat is resembling a Bavaria/Sealine now being chunky and so high out of the water (there's no hoping of the side of the boat now), the cockpit having a chaise lounge (which I personally hate) and the interior fit outs. I'm also a fan of the canvas and the light airy cockpit this gives when its left up whereas the new design appears cramped in the cockpit despite the height of the boat and was also surprised to see the T43 new sliding roof pi##ing water all over the dash)
On returning to my T40 and checking out neighbours T43 this morning for immediate comparison I wouldn't want the newer generation even if I could afford the basic cost £500k exc VAT (with the previous thread figures including the huge list of extras)
rubberduck
Well-Known Member
We thought the targa 48 looked too high for its length, so I imagine the 43 more so although I haven't seen one, one of the reasons we bought a used Abs 47 instead of going new this time, our 1st used buy.
Its personal choice of course, whatever floats your boat
Its personal choice of course, whatever floats your boat
jrudge
Well-Known Member
https://www.fairline.com/en/news/fairline/targa-43-open-two-time-winner/
Won an award for best sports cruiser.
The comment from Tydeman was cringe worthy. I hope they sack their junior pr firm who I assume wrote it.
David Tydeman, CEO & Chairman at Fairline Yachts, comments, “The Motor Boat Awards are one of the UK’s most highly anticipated boating celebrations and we’re humbled to have received this much-coveted recognition by the esteemed judging panel “
So well done but there is no need to grovel !
Won an award for best sports cruiser.
The comment from Tydeman was cringe worthy. I hope they sack their junior pr firm who I assume wrote it.
David Tydeman, CEO & Chairman at Fairline Yachts, comments, “The Motor Boat Awards are one of the UK’s most highly anticipated boating celebrations and we’re humbled to have received this much-coveted recognition by the esteemed judging panel “
So well done but there is no need to grovel !