Premium price because of celebrity owners.

£30,000 to refurbish a 36-foot grp cruising yacht is a lot of money. It's hard to think what could have necessitated so much being spent on it.

Suggest you look at the items identified as new (that is in the last 2 years) in the description. Not difficult to see where £30k went!
 
Otoh, that's £30k worth of work the next owner wont need to do eh?

And at that age you are paying for what's been done and not the blurry depreciation.

I bought a R36 and factored in 20k for just a standard refit with some modest add ons and non electrical goodies..( ok some might think I am fussy) . And that was me hsppily having the time place and skill set to be doing the work so v little outside labour as purchased.... But, I got a solid platform and a new lease of reliability which is what I was looking for .

Some people spend £30k on electricery.. One lightning strike and ooops, all just scrap.

Everyone has different criteria, perhaps not always obvious to an observer?
 
There is a cracking looking Biscay 36 on Apollo Duck for 22 grand which although an older version than the celeb boat, is far nearer the mark , and great value for what it is.

http://www.apolloduck.ie/advert.phtml?id=338632

Buyers choice ,overpriced ex celeb at £55k or common or garden, Joe Soap owned for £22k. I blame the broker for either overegging the owner as to what it was worth or else not reigning in the unrealistic owner.
 
Strikes me as being very similar to a Rustler 36 but ketch rigged. S/H Rustlers seem to go for almost anything above £70k to £100K; makes the Biscay, which seems as nicely built, seem like very good value.
n.b. I am in no way connected to this boat or broker and I am not in the market for a boat like this; I'm just interested in what seems a fairly one sided and slightly snide discussion.
 
Strikes me as being very similar to a Rustler 36 but ketch rigged. S/H Rustlers seem to go for almost anything above £70k to £100K; makes the Biscay, which seems as nicely built, seem like very good value.
n.b. I am in no way connected to this boat or broker and I am not in the market for a boat like this; I'm just interested in what seems a fairly one sided and slightly snide discussion.


In no way is it snide or one sided. The boat in question is a fine vessel in every way, the simple and reasonable question relates to its valuation and a possible explanation for same.
 
£30,000 to refurbish a 36-foot grp cruising yacht is a lot of money. It's hard to think what could have necessitated so much being spent on it.

Err, a trip to Antarctica and two across the pond perhaps?

I suspect that most examples of this no doubt excellent boat will have done little more than cross the Channel once a year, though in truth that lack of use may be more dilapidating then sailing to Antarctica...

Despite it's enduring qualities, GRP and even more so cored GRP, does degrade when subjected to the sort of strains which such passages would undoubtedly have involved. All the gear will also have been used quite heavily and unless periodically replaced would also have some significant proportion of it's design life used up.
 
I beg to differ. If there is enough 'meat' there and items are used within their engineering or material limits ( think how many times you can bend a piece of paper, say, before it breaks) then an old timber framed house, a boat, a whatever, just go on and on..

There are some stonkingly strong Swans, Rassys, early Pearson Tritons out there chug chug chugging along. Not being 'engineered' they are also often dead simple to refit..

Replace the whole rig, engines, winches every so often if you like.( and aluminium is notoriously fickle when repeatedly pressurised and waggled around , look at the rigours of aviation inspection) ....

I am trying, but failing, to think of a rare car made rarer still by its ex owner- or do you have to have popped yer clogs, artist-like , to be 'worth' more?
 
It depends on the condition and the amount of work done plus the inventory. The more expensive one has a new engine, ahydrovane on the back, liferaft etc. All pricey bits of kit.

There is a cracking looking Biscay 36 on Apollo Duck for 22 grand which although an older version than the celeb boat, is far nearer the mark , and great value for what it is.

http://www.apolloduck.ie/advert.phtml?id=338632

Buyers choice ,overpriced ex celeb at £55k or common or garden, Joe Soap owned for £22k. I blame the broker for either overegging the owner as to what it was worth or else not reigning in the unrealistic owner.
 
I don't know this particular Biscay 36 (referred to in 1st post) but they are fine craft and I think 55k is exactly where I would pitch it if I was pricing her - provided that she is well found.
At South Coast yard prices £30k does not actually stretch very far if she has had that spent on her for a full refit. Say 10K for replacing all the running and standing rigging, maybe 5k for new upholstery throughout, another 5k for radar, sprayhood etc 2k, full electronics would probably be 10k - and that is not even getting to a re-engine should she need that. The concept of getting your money back at re-sale time just does not work when it comes to lashing out reddies on a boat - the expenditure keeps her going and make help get a buyer but don't expect it to increase the value by anywhere remotely approaching the spend. I don't imagine celebrity status of a prior owner commands much of a premium - it may just help with marketing the craft to a wider audience.
Robin
Pleiades of Birdham
MXWQ5
 
"The boat in question is a fine vessel in every way, the simple and reasonable question relates to its valuation and a possible explanation for same."



As I am a retired lazy sod, with time on my hands, I have inspected the two inventories and photographs.

In my view the expensive one would save you money if you wanted to match it.
 
£30,000 to refurbish a 36-foot grp cruising yacht is a lot of money. It's hard to think what could have necessitated so much being spent on it.

That seems a somewhat ill-informed or at least unimaginative observation. The re-engining and associated work could easily have sucked up £15-20k. Add, say new standing and running rigging, a few new sails and you could easily spend £30k if you had it. That's before the obligatory modern electronics upgrade we seem to be encouraged to consider every 10 years or so. New plotter/intruments/autopilot professionally installed could easily use up another, what, 8-10k?

Give me £30k to spend on our old bluewater cruiser, by no means a wreck, and I'd have no trouble spending it, thanks.
 
There is a cracking looking Biscay 36 on Apollo Duck for 22 grand which although an older version than the celeb boat, is far nearer the mark , and great value for what it is.

http://www.apolloduck.ie/advert.phtml?id=338632

Buyers choice ,overpriced ex celeb at £55k or common or garden, Joe Soap owned for £22k. I blame the broker for either overegging the owner as to what it was worth or else not reigning in the unrealistic owner.

The two boats are chalk and cheese. This one is a well worn boat with original equipment - and a teak deck that will cause most people to run a mile.

Whether it justifies the price difference is another matter, but a person looking at the £55k one would not also be looking at the cheap one.
 
The two boats are chalk and cheese. This one is a well worn boat with original equipment - and a teak deck that will cause most people to run a mile.

Whether it justifies the price difference is another matter, but a person looking at the £55k one would not also be looking at the cheap one.

Conversely a person looking at the £22k one would not be looking at a £55k one.
Here is another link to the cheaper one which has dropped in price. I think you are being unfairly critical, its a fine boat with decent gear ,and for me a teak deck is desirable so not all punters are alike.

http://www.boatshop24.com/en/-36-biscay-ketch/Sailboat/103790
 
Top