Second hand boat prices one year on

R

roblpm

Well-Known Member
Joined
30 Mar 2012
Messages
7,310
Visit site
I was looking for a shallow draft 30 footer a year ago for a bit of club racing and cruising on the Forth. Bought a Parker 275 which is great for what I needed and will last me for a few years!

However in typical fashion the prices of the boats I was considering seem to have crashed by about 35% in a year.

Sadler 290 was 60k, now 40k
Moody S31 cant remember how much but now 35-45k
And a Parker 275 not selling for 17.5k down from 25k

Is this just me being paranoid that i bought just before the crash or are prices not really down??!! Or is it just there is no demand for this type of boat??

Can't decide whether my next boat is to be a short handed racer or a cruiser racer. But have at least 5 years to figure that out!!
 
I suspect older boats with no double staterooms aft, 3 heads with shwr/h/c/, air con like the newer 37+ 'starter' marina caravan boats do not appeal to the newer time poor/cash rich? entrants.
Also, a lot of the 'Baby Boomers' who owned the older sailing yachts are ageing out or going to the dark side, or giving up altogether. They may be happy just to try to move the boat on to stop the berthing and other costs.

Others work circumstances have changed, and the boat just has to go.:(
 
I am finding that after a quiet spell of a few months, interest in A22's has suddenly burst into life again, I'm getting several enquiries a week, pretty much as before the recession, and prices have definitely increased for good examples - ones which are for sale are in short supply.

Why this has happened over the last few weeks I have no idea, beyond obviously being the end of the season; normally I'd have expected a surge in the Spring, when people fancy sailing again and hope the boat has been paid for & maintained over the winter, ready to go...

There has always been a steady trickle of interest even in quiet times, and I always expected increased demand with the recession as these boats will go on economical drying moorings, don't require a crane for the mast etc, so maybe people have got shot of their marina dwelling caravans and are now looking for something rewarding but affordable ?
 
UK boat prices have, historically, been high. What we've seen is a market adjustment as supply exceeds demand.
One day it will probably happen to houses as well.
If one sees a boat as an investment, rather than a toy, I'm afraid that person is in for an unhappy surprise.
 
Seajet said:
I am finding that after a quiet spell of a few months, interest in A22's has suddenly burst into life again, I'm getting several enquiries a week, pretty much as before the recession, and prices have definitely increased for good examples - ones which are for sale are in short supply.

Why this has happened over the last few weeks I have no idea, beyond obviously being the end of the season; normally I'd have expected a surge in the Spring, when people fancy sailing again and hope the boat has been paid for & maintained over the winter, ready to go...
Click to expand...

The reason I think is that a few weeks ago there was a bloke on one of the popular yachting forums extolling their virtues; I was quite impressed with his single minded devotion and considered getting one myself. I think other people must have read his post.

To the OP, are you looking at individual boats that are falling in price over a year? If so there are always individual boats that stick on the market.
 
Lazy Kipper said:
The reason I think is that a few weeks ago there was a bloke on one of the popular yachting forums extolling their virtues; I was quite impressed with his single minded devotion and considered getting one myself. I think other people must have read his post.

To the OP, are you looking at individual boats that are falling in price over a year? If so there are always individual boats that stick on the market.
Click to expand...

The parker 275 is the same one. The others arent though and seem to be a genuine price fall, though this is entirely unscientific and only a broker would probably kniw whether there have been price falls in 90s boats or not.
 
charles_reed said:
UK boat prices have, historically, been high. What we've seen is a market adjustment as supply exceeds demand.
One day it will probably happen to houses as well.
If one sees a boat as an investment, rather than a toy, I'm afraid that person is in for an unhappy surprise.
Click to expand...

Aha no, I am assuming the trade in value of my boat in 5 years is £0!!

It wont necessarily happen to houses as the market is rigged by the government to ensure it doesn't happen.
 
One thing this post did was to prompt me to have a look at the same model of boat that we bought last year.
I am quite happy with the result!

I also note that most of the boats that were for sail last year are sold with two exceptions that are overpriced.

Talk to Brokers and you will find that between now up to December is their busiest time of year!
 
Is it a case of people have been on a sailing holiday or out with friends over the summer, and now want to get a bargain to get ready for spring ?
 
You must log in or register to reply here.

Share this page

Top