Sold my boat at last

You certainly don't hang around :) It does not seem long ago that you were selling that S37. I will be in Weymouth later this year so hope to say "hello".
 
One of our club members did something similar a year or to ago.Went from a Princess flybridge 420 to a Sealine sportsboat. Felt it was safer for his young children.
 
NoIllusion said:
..........or could be that Phantom 40's are not such a sought after boat??
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Really? British built, prestige name, high quality finish, two decent en suite cabins, flybridge, shaft drive, forty feet.

I can't imagine it gets much more desirable than that.
 
beejay190 said:
You certainly don't hang around :) It does not seem long ago that you were selling that S37. I will be in Weymouth later this year so hope to say "hello".
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Yes please come and say hello and have a brew or a beer there is plenty of room on board lol

Montemar said:
Congrats on your boat sale.
Which broker did you use?
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I used J D Yachts from Weymouth and they were very good

petem said:
Phantom 40 is no way looking dated IMO. Good boat and no surprise took a little while to sell over the winter.
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That is true Pete i dont think the winter helped in selling her and i agree she never looked dated to me with her dark bonded windows and curvy lines
 
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I would say that Fairline and Princess of this size and year must be one the more popular models so I have very hard to believe that the model it self should have anything to do with "hard to sell"

How is the boat market in UK?
From what I hear from friends who moves boats there it sells more boats again after a few years of a dip
 
Good stuff that is keenly priced will probably be sold before brokerage details even get to the photocopier...

Tired old overpriced rocks ,you cannot give away. I have seen most of these .:)
 
How long did it take to sell?

I've had a look at it on the brokers site.

Well presented both from a preparation point of view and also the broker. Photographs were slightly mechanical, lens too narrow angle in places & didn't really make me hurt to want the boat. I suspect the boat it's self could have done that but I'm being fussy. Definitely one of the good guys.

Nothing showing the boat underway. A couple of shots / a bit of video of the boat in Weymouth bay on a flat day would have worked wonders.

Price-wise it's the age old story of not knowing what true market values are. All the 2007/8 boats at circa £300k plus are clearly wasting their time and asking more than we advertised our 1 owner 2007 Princess 42 at 2 years ago (circa £270k inc). So they don't mean anything they are just taking up internet space.

I suspect you didn't have to come down the standard 30% quoted on here and neither did we. You might have asked another £10-15k but would that have delayed the sale? You know how much you paid for the replacement and ultimately it's a price to change.

So the standard doom mangers quote 2 years and a 30% plus reduction in price to sell. Without disclosing the selling price (a simple less / substantially less than 30% would work) did you prove them wrong?

I remain convinced that well priced and prepared boats sold by motivated sellers who work with buyers sell well. If everyone adopted your attitude and brokers did a good job for sensible fees (their overheads are tiny when compared to traditional stock owning dealers), the boat market would be a healthy one.

Henry :)
 
Many congrats on the new (to you) boat :)

Like Whightlighter I really like the S41/4243 and researched them in depth prior to very nearly buying an S41. Unfortunately build quality put me off a particular S41(stress cracking to a very thin hull).

The S42 is , I think, a different kettle of fish to the S41 so please don't be concerned about my experience. I think Sealine had ironed out the issues such as chine walking etc with the S42 and it is a great boat with fantastic accommodation. Enjoy :)

Oh, and +1 for Henry's post. Some brokers are selling lots of boats because they have the right approach.
 
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Henry yes you are correct no i didnt take another 30% hit on the asking price as that was already where it should be or even a bit lower, unfortunatly i never did have any pics of the boat under way or at anchor in Weymouth bay which is a shame as like you say it would have looked good, i will get some of my new boat just incase i get itchy feet again ;)

Greg you are right about the brokers too i know J D Yachts have sold about 5 boats in the last month all which have been priced right so i am told, and yes they told me the owners who refuse to take a reality check on the price of there boats are indeed just taking up internet space and will never sell their boats. I had reduced my boat by 20k within the last 3 months and it was not until i advertised her at 149k that i got serious interest, it still is a buyers market in my eyes
 
lanerboy said:
I had reduced my boat by 20k within the last 3 months and it was not until i advertised her at 149k that i got serious interest, it still is a buyers market in my eyes
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So you tried for a bit more which was good. To be fair not really the boat selling season when it was advertised for more, possibly the interest would have still materialised as the weather improved but it costs you to be sitting there and it may well have just resulted in a harder bid to get to where you ended up anyway.

Boats are always going to be a buyers market but that isn't the same as having to sell as distressed sales. I say it time and time again the bulk of the advertised prices you see are simply wrong and that destroys any hope of market confidence. When people do get the pricing right and the boat is prepared properly boats sell.

Henry :)
 
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