Bouba
Well-known member
Personally, I think that he’s missed his market by several months....just after covid he could have probably sold it ten times over
Project sunseeker
- Thread starter Martxer
- Start date
Meagain
Active member
I find it interesting that we see this as a refurbished boat and therefore value it on that basis. When in fact the only recycled part is the hull with everything esle being new. If we turn this on it’s head and compare to a new boat say fairline f33 or the new windy 34 which are £400k+ how much would you knock off because it’s old fibreglass? in this world off sustainability isn’t it good to use something that would otherwise end up in landfill ?
Or put another way Berthon are selling a Supermarine Spearfish 32 for £330k, while a new boat pretty sure this is based on an old hull design. So because it’s “new fibreglass” that gives it the value …. Really?
Bytheway agree with comments it’s colour is too personalised if the intention was to sell. Expensive error.
Or put another way Berthon are selling a Supermarine Spearfish 32 for £330k, while a new boat pretty sure this is based on an old hull design. So because it’s “new fibreglass” that gives it the value …. Really?
Bytheway agree with comments it’s colour is too personalised if the intention was to sell. Expensive error.
SC35
Well-known member
bowler
Active member
I agree. But still, target buyer isn't on here. Unless some one is already on the way... Big plumbs?
stelican
Well-known member
Just an observation whilst considering refits, The refit company SETAG name is a reversal of the MDs surname
I suppose most people have probably noticed this though!
I suppose most people have probably noticed this though!
limecc
Active member
Good comment.
I was shocked at the colour choice but if using a supercar comparison then expect it, they all have gaudy ' look-at-me' colours. Prospective owner will probably have such car already.
Portofino
Well-known member
What inspired him I wonder to do that with his name ? Hmm ?
Wonder if he’s got a secret Itama tucked up somewhere nice in the sunny Med ? AmatI= Itama .
I,ll get my coat …….
stelican
Well-known member
I have already got mine (coat)What inspired him I wonder to do that with his name ? Hmm ?
Wonder if he’s got a secret Itama tucked up somewhere nice in the sunny Med ? AmatI= Itama .
I,ll get my coat …….
ari
Well-known member
I think people talking about refurbs are missing the point a bit (and probably haven't seen the Aquaholic videos). This isn't a Setag style update the soft furnishings (nothing wrong with that by the way), this is every single strand of wiring, every section of plumbing through to to brand new engines, drives, instruments, throttle levers, every single element is new bar the hull. Basically, if you want what is effectively a new Sunseeker Superhawk 34, this is the only way you'll get one.
I think comparing it to a decade old Hunton is disingenuous. That argument could just as easily be flipped to, why buy a 10 year old Hunton with its 10 year old engines, 10 year old drives, decade old systems, soft furnishings, plumbing, wiring, when for £50K more you could have all of that brand new and bang up to date!
It's all a matter of perspective I'd suggest, and I think it's also worth noting that he's not going into production building these and therefore needs to establish a market value at which he can continually find customers. He just needs to find one person who is sufficiently in love with the concept and values the work and money that has gone into creating it. So to him, it doesn't matter if most people wouldn't pay that for it, it only matters that one person does.
Fire99
Well-known member
Personally, I think there is an area which may be being overlooked a touch. The fickleness of boat buyers. Covid and lack of supply certainly allowed sellers a huge margin of headway to push for inflated prices for a time but I would say looking at recent moves, (or in some cases, the lack of moves) that is coming to an end. If a boat is a 'certified classic' then I would say it'll fetch a premium relative to its years so that's certainly another factor but I don't think this boat falls into that category. I admire and agree with the principle of recycling etc and I think it's admirable but being blunt, I don't think many boat buyers spending 1/3 of a million quid on a boat will put that as a priority. I think most are unlikely to compromise and buy an older hull based on environmental factors. And you have snobbery. Its alive and well in boat circles and I think that regardless of the fact that 90% of the boat may be new etc etc, which are all logical arguments, it's still an over 20 year old production boat. At half the money it would no doubt get admirable comments from the more 'practical minded' boaters but at its price point it's just a curiosity with limited marina cachet.. A touch brutal but I think that's about it.
BB1
Active member
Ship it out to Dubai!
ari
Well-known member
Out of interest, what do you consider to be the compromise of an older hull?
Fire99
Well-known member
Technically nothing though I'm sure PR persuades people that we've had over two decades of progress since.. The hull was laid up over 20 years ago and to the boat buying cheque book holders with over 300K to spend, that is likely an issue. They don't want an old boat for their money..
limecc
Active member
Beautiful hull ahead of it's time except no steps to make it go faster
Mr Googler
Well-known member
220k plus labour! Sweet Jesus!
Apples and pears obviously but I spent 5k total (plus Labour)
IMHO…..you can recondition boats in 1 of 4 ways
1. Do a quality job, focus on the important things and keep things generic to make some profit (if you buy it right and nothing mega mechanical comes up)
2. Do a boat to your tastes with a view to keep for a while. You can justify spending more on certain things that are valuable to you and at best…you might break even…but probably not.
3. Do a full factory resto. You’ll always lose money
4. Gut a boat and run out of enthusiasm, skill, money etc…and loose the lot.
No way you can do a full resto, get great advertising and make a big profit
The market has defo cooled off a lot….not a bad thing in my view as it has been silly.
Martxer
Active member
Same formula for renovating houses
petem
Well-known member
I think a non-customised but ultimate Hawk 34 with new engines, woodwork, soft furnishing, nav gear, gyro, hi-lo bathing platform for £350k would be a much more interesting proposition. Particularly when you compare that to a new Fairline F-line 33 at twice the price.
Mr Googler
Well-known member
Or buy this one for £150k (which has been for sale for a year I think)
Twin cabin, more useable space etc…
marcochi76
Active member
northwind
Well-known member
What inspired him I wonder to do that with his name ? Hmm ?
Wonder if he’s got a secret Itama tucked up somewhere nice in the sunny Med ? AmatI= Itama .
I,ll get my coat …….
I'd say it would be evian to assume this..
Perhaps he was a fan of mints? (Trebor)
