Sealine SC38

[smileygirl]

had a good look at the SC38 yesterday at LIBS. really liked the saloon glass roof, and much to my surprise the sliding canvas roof. Apparently the hull is a modified version of the old 37. However will it be as good as a fairline targa ???anyone any comments........

 

[Whitelighter]

For the money I definitley think the Targa 38 is a better boat. I didn't like all the bare GRP in the Sealine, especially on the main bulkhead in the saloon. I also think resale will be better on the T38.

 

[KevB]

Any idea of the cost of the two?

 

[smileygirl]

the sealine is @ £200K depending on engines and toys, don't know how much fairline is

 

[Whitelighter]

Fairline starts at £218k, but by the time you have a sensible UK spec (no aircon or passerals) you are up to about £240k

 

[rickp]

If it continues like this winter - it won't be long before UK spec will mean aircon /forums/images/graemlins/smile.gif

Rick

 

[Nautorius]

Sealine is approx £208k basic, by the time the basics were added it was £215k. By the time the toys were added it is £230k. No discounts offered and trade in at resale value. Fairline at the same spec was £240k and for the extra 10k I would pay for fairline. Of course the sealine is an Hard Top so the difference is really the S38 Vs the Targa 38 which is a 25k difference.

Cheers

Paul /forums/images/graemlins/laugh.gif

 

[KevB]

It's all a lot of money isn't it. Must work out to over £2k a month mortgage without all the other boating expenses. Scary...

 

[Nautorius]

My Quote was £2575.44 given by the salesman at top whack APR. I laughed especially when I could get the Montecarlo for £1226.38 a month. £2575.44 is nonsense to spend monthly on a 38ft Boat. I aim to keep Finance under £1000 a month and preferably considerably less.

So buy an SC38 and Mortgage, Mooring and Insurance alone will be £3305 a month.....for a Sealine that is not yet proven and has had very mixed reviews....which will definitely impact on resale and thus depreciation!

So in Year one you also lose the VAt element @ £40k say £3350 a month and then need fuel at £2000 a year so actual running costs of Year one is £6821.67 month.

I dare anyone to say that is good Value!

Barking mad boat which may end up a classic, but best to buy at 5 years old methinks!

Cheers

Paul /forums/images/graemlins/laugh.gif

 

[Whitelighter]

never take the rate given on the stand. They are badly incentivised by the lenders - it is much better to go direct. On my current deal with Lombard, a £160k monte with a 20% deposit would be £1104/month.

However, if I take equity from a property I have and remortgage it would be £742 - and that got me thinking...

 

[Nautorius]

Jez,

The Monte Deal was based on a base price of £172,000 with Barclays so a similar price it would seem. I saw a guy on the Sealine stand accept the finance deal on a S25 and walked off to the Finance stand with the salesman. I felt like catching him up and telling him to get his own finance but thought that I might ruin his exciting day. The old addage still goes " Sign in haste, repent at leisure"

Unfotunately I have got less than 50k in equity left in the house so that is not an option unless I go for a secondary loan on the house which just seams wrong!

Cheers

Paul /forums/images/graemlins/laugh.gif