Popped into the Southampton boat show yesterday.....

Bouba said:
Yes the irony of the rich not paying and getting to play on all the toys whilst the poor pay to get in and watch them!
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Except the rich are paying. They buy the boats that are on display. Buying an entry ticket wouldn't even cover a fender let alone the actual boat it's self. It could be argued that people are buying a ticket to a freak show with side stalls selling refreshments, home wares, clothing, holidays and such like.

Don't forget exhibitors pay to be there, they don't get a cut of the gate money. If no boats are sold the show folds.....
 
Bouba said:
Yes the irony of the rich not paying and getting to play on all the toys whilst the poor pay to get in and watch them!
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I don’t see that , it’s the other way round the rich fund the “poor s “ day out entertainment........

Here’s how ...

I,am not convinced .
The dealers / manufacturers give out free tickets call them passes and arrange what ever hospitality to a target audience, the funds come from there show / PR budget .
That budget comes from the company pot .
That company pot or bank account is filled largely from funds from the sales generated globally .
A huge chunk of the sales t/o comes from shows .

Eg Ferretti groups preview w/e @ Monaco cost excess of £1 M + to put on , the Lionel Richie show , the free hospitality in the MYC , as well as diesel etc running the boats in and out at the whims of the guests .
You can argue the staff and logistics bill is majority covered by the fact the fleets assembled anyhow because it’s off the Cannes on the Monday for a Tuesday opening .But never the less this event has to be funded .
The payback comes from the sales later .
Guesstimate of between €50M and €100 M so take your pick of 1 or 2 % of revenue.
Seems like a great deal to me .

At Soton the dealers / manufacturers will pay the organisation to have a stand .
Again that £ comes out of the company’s account , hopefully to be recouped with sales .
The “great unwashed “ surely must know there’s a look but don’t touch ( qualifier/ gate keeper ) on the bigger stuff , or join a queue if someone like S/Sker don’t care about huge footfall .

Ticket just gets them in to look any access on board is a bonus not a right .

As I said before S/Skr have a finishing shed in Poole and can and do easily change out soft , moveable messed up finger printed stuff after shows and with P- ex boats they take in .
Apparently it’s the headlining in the cabins , folks maul them “ is it real leather “ that are most messed up @ shows after the saloon carpets .

So in my view it’s the activity ( purchasing power ) of “ the rich “ that means the boats are there to look at by the “poor “ in the first place .

Cut back to the DNA , no “rich “ = no boats what so ever .

Theses poor you mention get a richer show .:)
 
henryf said:
Except the rich are paying. They buy the boats that are on display. Buying an entry ticket wouldn't even cover a fender let alone the actual boat it's self. It could be argued that people are buying a ticket to a freak show with side stalls selling refreshments, home wares, clothing, holidays and such like.

Don't forget exhibitors pay to be there, they don't get a cut of the gate money. If no boats are sold the show folds.....
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Agree x posts while was ( slowly ) typing .:encouragement:
 
henryf said:
Don't forget exhibitors pay to be there, they don't get a cut of the gate money.
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Genuine question, who owns British Marine? I thought (guessed?) it was probably owned by its members, if so surely they do benefit from any profit the show makes?
 
Bigplumbs said:
That is life and one of the reasons the rich are hated
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This “ hate “ you quote is from a tiny , tiny group present in any society , on any subject or part of the society .

I don’t see it with the “ rich “ any more than say picking random groups - cyclist , estate agents , parking meter folk or who ever ?

Then why do millions , queue and pay largish ( % household budget ) to watch premier league footballers , Formula 1 guys , tramp around places like Blenheim palace , pack out the Mall at royal events , stuff out Harrods every week end , and thousands tramp round boat shows etc etc ?
I suspect the group you define as “ rich “ are loved a lot more by society than hated , it’s the over way round folks love them and there spin off activities they do , one of which is large boating , and as Pete says there cast offs eventually trickle down the pyramid ,bless them for the depreciation hit(s) .

In fact we need more ( rich ) then boat values on the used market will be more attainable for the “ poor “ .

You should love your “ rich “ :)
 
Can I just say that I was not trying to start the socialist revolution, just agreeing with the irony that the poor pay to get less than the rich get for free.
But I would like to add, the general public can see all these boats for free at any high end marina. Antibes and Cannes (without the boat show) will have an impressive display of all the latest high end vessels.
So, why do they pay and queue up in the midday sun to get in? The answer is obvious, they are self qualifying. They want to go on some boats and feel they should be allowed!
 
Bouba said:
Can I just say that I was not trying to start the socialist revolution, just agreeing with the irony that the poor pay to get less than the rich get for free.
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That's nowhere near as ironic as trying to turn the argument upside down, arguing that actually... "the rich fund the “poor s “ day out entertainment".
PF, if you wanted to sound condescending enough to outshadow the notorious statement "We will often give a cap or something instead", that's a good attempt indeed! :encouragement:
Makes me wonder if you could find a way to justify also the fact that the larger the boats, the less VAT is normally paid by the buyers.
Or better said, none rather than less, in most cases. :rolleyes:
 
Piers said:
Dare I suggest that 'hate' = 'envy' in a differnt guise?
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I am sure that you are right, in many cases. Having said that I would consider myself Mr average (despite someone suggesting in another thread that I have so much money I would be worried about having to declare it if we stay in the EU) and I positively do not hate or envy the rich. I know enough of them to have the utmost respect for the work, effort, risk and stress that many of them have endured to get to where they are today, and have the utmost respect for them. I also, on occasions, get to share their expensive toys without having to pay for them, of which I am very grateful. One day I may even get to own their luxury items when they near the end of their useful life, and I get a little taste of the high life for comparatively little money. So, rich people, please keep buying new so that I have something to buy used many years later. :D
 
MapisM said:
That's nowhere near as ironic as trying to turn the argument upside down, arguing that actually... "the rich fund the “poor s “ day out entertainment".
PF, if you wanted to sound condescending enough to outshadow the notorious statement "We will often give a cap or something instead", that's a good attempt indeed! :encouragement:
Makes me wonder if you could find a way to justify also the fact that the larger the boats, the less VAT is normally paid by the buyers.
Or better said, none rather than less, in most cases. :rolleyes:
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My statement i believe is factually correct , the owners that allows his new just about to be delivered 40 M Priny , to park up at a show is infact adding to the pazazz and entertainment of the guy who rocked up to compare with a view to purchasing a 4 M inflatable boat .
And every gradation down to his level , so the exhibitors displaying 6 M tenders is also entertaining to the 4 M buyer .
Of course in isolation that sentence you have lifted does indeed sound condescending , but hopefully the explanation that follows it in the post ^^ shows it not intended .

As far a VAT treatment , it’s an EU thing and very large boats are sold to a global market , and move .VAT free boats they are not barred from any waters inc the those surrounding the EU .Theres very defended rules and protocols that are adhered to and at the same time enforcement officials like your guardia finanza chaps cruising about on land and sea :)

Eg a mate of mine had a Bennetti 125 classic in the Med during the summer VAT free .But they spent every Xmas on it in the Caribbean. And yes it was reg in Georgetown .
They do move you know and there’s a big world water wise outside the EU ,

About to get a wee bit bigger :)
 
CLB said:
So, rich people, please keep buying new so that I have something to buy used many years later. :D
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Agree 100%. Without rich people buying new boats and willing to take massive depreciation hits on them, there wouldnt be more sensibly priced used boats on the market for we plebs to buy. And the more rich people there are out there willing to do this, the more secondhand boats there are on the used market which means that secondhand boat prices will be lower

So rich people, please please keep spending your cash on new boats. Speaking personally if one of you rich people could buy a San Lorenzo SD92 and then try to sell it in the next global recession, that would be great;)
 
Portofino said:
My statement i believe is factually correct
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Actually yours was more a viewpoint than a factual observation, and as such it's bound to be as correct as any viewpoint can be.
You completely missed my points, anyhow.
1) I called your statement condescending, not wrong.
2) Ref VAT, rest assured that I don't need any technical justifications - I'm not saying I could write the whole book, but surely several chapters of it.
What I was wondering is if you can find an ethical justification to the following fact - and this is indeed a FACT:
When two private individuals, both citizens of the same EU Country and fiscally resident in it, buy respectively a 4m RIB and a 40m Prin, what happens is that the first pays VAT to his Country, and the second doesn't.
Now, if your mate with the Benetti hopes to convince the 4m RIB chap that this situation makes perfect sense, on the grounds that he spent Xmas in the Caribbean and the boat is registered in Georgetown, I have two words for him: good luck.
 
Deleted User said:
Agree 100%. Without rich people buying new boats and willing to take massive depreciation hits on them, there wouldnt be more sensibly priced used boats on the market for we plebs to buy. And the more rich people there are out there willing to do this, the more secondhand boats there are on the used market which means that secondhand boat prices will be lower

So rich people, please please keep spending your cash on new boats. Speaking personally if one of you rich people could buy a San Lorenzo SD92 and then try to sell it in the next global recession, that would be great;)
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So the definition of ‘we plebs’ is one who buys a SD92 but only if it’s a good price:p
 
henryf said:
You will recall from a recent thread (if it’s still there) that I still don’t feel paying for a ticket guarantees the right to go wandering round boats. People exhibiting want to distinguish buyers from tourists, how they go about that is their business. Yesterday was easier because it was quieter. The weekend will be different.
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Today’s tire kicker could be tomorrow’s buyer. Remember Pretty Woman - big mistake.

I look around boats I can’t afford because in 10yrs I will retire and buy one. Even if it’s second hand it would generate demand for the brand.
 
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