Silverton 38 SB

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Has anyone experience of these craft, beloved daughter has talked (nagged) me into buying a boat, and this has potentially come along at the right price as it has some issues like needing a new engine, and others. None are insurmountable and the price of the boat reflects this, so what are the strengths and weaknesses of these boats.

2006 model - Yamnar engined.
 
I'm sure there is someone more knowledgable out there, but to generalise Silvertons will have very poor residuals in the UK if you can sell at all, they are not regarded as good seaboats as they are designed for a US floating condonminium market. I would be very suspect of why a new engine is requried after such a short time, you need to research which model Yanmar it is as some recent models are not recommended. Don't unestimate the cost of replacing an engine either, could easily be 20-30K:eek:
 
Don't know much myself other than the saloon seating is the most comfortable I have ever sat on in a boat, reminds me of home. Dickies are the main dealer and have an ex demo one for sale.
 
38 SB

Very familiar as they are built in my home state. I agree that resale both in terms of price and length of time to sell will be a real concern in the UK. That plus the need to put in a new engine would scare me off, but these are solid mid price boats. The have been around for 35+ years in the US and have been well tested in east coast ocean fishing, The SB model is more of a floating condo than the convertible model, but it will handle reasonable sea conditions.

As always, it depends on how you plan to use it, but I would say that given the downsides, you have to steal it. Here's link that might help. Good luck.

http://powerandmotoryacht.com/boat-tests/silverton/0205silverton38/
 
There's no issue with a low resell value when you pay a similarly low price to start with. In fact, your cost of capital cost is lower and you end up with a bigger boat for the same money!

From experience, I would expect to pay 50-60% of the price of a similar sized / quality boat sold in the UK (including engine). If more, it's too much as you should then be able to get one from the US for less, including tax etc.

Incidentally, I was looking to get a 38SB over a year ago when the £ / $ started going the wrong way... it's not exactly Fairline / Princess quality but seemed a really great boat!

Hope this helps!
 
Many thanks to everyone, having had time to get a good friend to view the boat it is in too poor a condition to bother with.

The engine is not a concern as i have many friends who will often stumble across one if i don't, at the right price, and i would change it myself
 
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