So, who has achieved the greatest %age discount from sale price when buying a boat.

+1 on that, and everything else you said.
...though if you make it a 959 rather than a generic 911, I might give your offer a serious thought - even rounding it at 1m! :cool:

Just trying to find out what deals ( in percentage terms ) others have achieved. Is that not of interest to you ? Does not have to be taken too seriously . Of course one deal does not set a precedent.
 
Cheers Henry.
Complete change of tack - are you related to a former Lotus F1 driver. ?
We now have a former F1 driver at Cobbs. Used to drive for BRM and Ensign. Still racing today. Care to guess who ?

[Apologises for this non boaty insert into my post ]


BJ

No I'm not.

I still maintain the thread could potentially do more harm than good. Someone is offered the deal of a lifetime but they turn it down because they can't match the discount offered on a massively over price un-sellable odd ball.

At a guess I'd say Mike wilds. If it is tell him I sent my regards. A lovely guy and a very good driver.

Henry :)
 
Just trying to find out what deals ( in percentage terms ) others have achieved. Is that not of interest to you ? Does not have to be taken too seriously . Of course one deal does not set a precedent.
Well, the reason why I don't find %ages interesting is simply that they are meaningless, in the pleasure boats market.
In your OP, you neither specified whether new or used, nor the type of boat, let alone the builder.
To get a (sort of) meaningful comparison, you should have asked about the higher %age achieved when buying a new Beneteau, frinstance.
And even then, it would have been better to specify also the model, and possibly WHEN, 'cause these things can change dramatically over time.

Besides, what really matter at the end of the day, is rather buying what suits your needs best, and for a price which is reasonable for you.
Doesn't that sound much better than grabbing a big bargain and live with something you don't like? :D
 
No I'm not.

I still maintain the thread could potentially do more harm than good. Someone is offered the deal of a lifetime but they turn it down because they can't match the discount offered on a massively over price un-sellable odd ball.

At a guess I'd say Mike wilds. If it is tell him I sent my regards. A lovely guy and a very good driver.

Henry :)

Yes, it is Mike. I will pass on your regards .

BJ
 
Well, the reason why I don't find %ages interesting is simply that they are meaningless, in the pleasure boats market.
In your OP, you neither specified whether new or used, nor the type of boat, let alone the builder.
To get a (sort of) meaningful comparison, you should have asked about the higher %age achieved when buying a new Beneteau, frinstance.
And even then, it would have been better to specify also the model, and possibly WHEN, 'cause these things can change dramatically over time.

Besides, what really matter at the end of the day, is rather buying what suits your needs best, and for a price which is reasonable for you.
Doesn't that sound much better than grabbing a big bargain and live with something you don't like? :D


Cheers MapisM. I am always interested in your views and posts.

BJ
 
I wouldn't go into a car dealers and ask for a 35% discount at the moment.. But just a few years ago that is what they were offering (even 50%). What this thread gives me is the confidence to offer a lot less if it is appropriate and to recognise when it isn't appropriate.
They're giving it away more subtly these days. For example, BMW are offering some absolutely stonking deals on business contract hire at the moment, presumably to shift stock before the year end. There are still far too many cars being manufactured in Europe at present but manufacturers are being a bit more imaginative about how they shift them instead of just advertising upfront discounts
 
Well, the reason why I don't find %ages interesting is simply that they are meaningless, in the pleasure boats market.
I tend to agree with that. Its meaningless in the used boat market because the range of prices for the same model is so great that a % discount off a high priced boat is a very different deal from the same % off a low priced one. What does seem to be the norm now though is that many buyers seem to pitch their initial offer at about 30% below the asking price. Of course where the actual selling price ends up is anybody's guess. With regard to the new boat market, my feeling is that builders have been ramping up their list prices substantially recently, I guess in order to be able to give away a substantial discount. This may also be because of the new markets in Asia where a substantial discount is the norm and expected by buyers
 
Cheers MapisM. I am always interested in your views and posts.
Glad you appreciated my small contribution.
And all the best for your boat search.
Regardless of %ages, I'm sure there must be something good for you out there, patience is a virtue in this respect.
Eventually, you might not even need to use that 20k which you saved on the house...
...which will come in handy anyway, sooner or later.
After all, there's a reason why "BOAT" actually stands for bring out another thousand! :)
 
When we were lookign for the Azi earlier this year, prices on Yachtworld varied from £250 to £100k. The lowest prices appeared to be firesales mainly in Italy, and I did not pursue, due to concerns about servicing, dealing with beaurocracy, and the cost of repatriating. I eventually looked at 6 boats priced up to £200k, several of which required £25k additional spend to get it to a similar level to the boat I bought. Clearly, I did not try a silly offer, as I felt the boat was appropriately priced, but sought a bit of a discount, as one would. Seller and buyer were both happy as a consequence. So compared to a boat advertised at the top end, I achoeved a massive discount, but we cannot compare apples with pears here.
 
Exactly for when the boat comes up for sale at a later date we all will know what it was up for and how much it sold for - bit like house prices you can find on the internet imho

I agree (sorry if you didn't want me to :) ) if all the boat sale prices were published like house ones, life would be easier for all. Then you just knock off 10% a year (by the sound of it)....Seriously. If buyers and sellers knew that, then there would be a much more stable market.

It does get more complicated though; add on the new gear -10% a year as it gets older (-30% a year if it is electronics), take off x amount for engines that have run more than 100 hours a year, minus the things that don't work and/or have come to need a rebuild and you arrive at the price. This last bit is the scope for a little negotiation.
 
I agree (sorry if you didn't want me to :) ) if all the boat sale prices were published like house ones, life would be easier for all. Then you just knock off 10% a year (by the sound of it)....Seriously. If buyers and sellers knew that, then there would be a much more stable market.

It does get more complicated though; add on the new gear -10% a year as it gets older (-30% a year if it is electronics), take off x amount for engines that have run more than 100 hours a year, minus the things that don't work and/or have come to need a rebuild and you arrive at the price. This last bit is the scope for a little negotiation.

Great reply Tender aft. I see you are based in Rio. My company used to send me their regularly- unfortunately they always supplied me with a return air ticket.
Keep off the Copacabana at night ;)
 
Great reply Tender aft. I see you are based in Rio. My company used to send me their regularly- unfortunately they always supplied me with a return air ticket.
Thanks. I wish my company paid for my tickets.

Keep off the Copacabana at night ;)
It's fine, you just need to be sensible. I've been coming here for years and never had a bad episode yet. It's just too hard to buy a second hand boat here (I gave up)...oh and the prices are way too high as well.
 
Those who purchase the boat that has the biggest % discount on it will generally find 2 things.

1/. they have not bought the boat they actually set out to buy.
2/. The boat they bought probably had the most unrealistic asking price.

The level of discount on a used boat is not particularly relevant, if the asking price is over inflated to start with.

My business owns 13 boats of varying shapes and sizes, the biggest % discount was just over 60% from the previous owner's asking price! However my best second hand buy was at asking price.
 
Just to add that I put this post up for a bit of fun when I was at home on a wet afternoon. I really didn't expect it to be taken so seriously - my misjudgement - but that shows the quality of this Forum.
 
Just to add that I put this post up for a bit of fun when I was at home on a wet afternoon. I really didn't expect it to be taken so seriously - my misjudgement - but that shows the quality of this Forum.

OMG don't tell me you have time to have some fun - don't you know the country is still sinking as is the rest of the world in this economic mess - therefore fun as you put it is strictly off limits :D

Good thread btw

On another subject ....
 
I believe brokers have this info but don't like to share it. Agree it would be interesting to see but less relevant on older boats?

Brokers do have that information.. Apparently some of the sites they use (I think Yacht World was one) keep a database of the listing price and selling price of all the boats that pass through the site.. The brokers pay a membership fee to access the information..

My observation on older boats is it seems the asking prices are more unrealistic than on newer boats.. In some cases I would imagine the asking price isn't far off what the boat would have originally been bought for 20-30 years ago.. :)
 
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