Some boats coming on the market?!!!

[roblpm]

I am boatless having sold in 2018 pre divorce getting ready for the financial issues that were coming...... Just getting back into shape now but was in a terminal grump about the incredible shortage of boats and the incredible prices post Brexit and pandemic.

However after a couple of months not going on ybw at all, or appollo duck and yachtworld I just did a search and it looks to me like it might be starting to ease up? I'm not quite ready as I am abroad most of the rest of the summer but it looks to me like this winter might be the start of the next phase?

I am searching up to about 50k, something suitable for Scotland and Baltic. There is now a Typhoon on sale, Hanse 341, Moody 37, Southerly 115, a couple of 36 foot Firsts and a slightly smaller range a Maxi 1000, Elan 333 and Westerly Storm.

Regardless of the relative merits of these boats it does seem like there is more choice than six months ago. I suppose it is inevitable with the oncoming disaster of £3000 gas and electricity bills and the availability of foreign holidays again that some people will sell up but I was convinced I was doomed!

Anyone else looking and noticed a difference?

 

[Concerto]

I have not been watching the boats for sale web sites, so cannot comment on the current situation.

However out of that list there is only one I would jump at buying, the Typhoon.
Typhoon 37 - Westerly-Wiki

 

[ashtead]

Interesting -a lot here turns on your appetite for fettling and sailing usage,your crew (if any) desires etc. I would also be considering how long I intend to keep your choice,where you moor etc. I still think good quality 2007 type boats in short supply due to the recession etc. I might like to upsize to a degree but at a certain size you are really doing it for comfort. I was talking to a chap today about annual running costs disregarding mooring and he suggested 10% of length in feet -I hadn’t seen this before but for example if you take a 34ft bank on 3400 .

 

[Graham376]

I was talking to a chap today about annual running costs disregarding mooring and he suggested 10% of length in feet -I hadn’t seen this before but for example if you take a 34ft bank on 3400 .

£3.4k? he must have a pretty knackered boat and pay for maintenance then.

 

[ashtead]

Was thinking things like engine servicing, anti fouling,insurance,lift out engines etc plus a reserve for sails,rigging,etc I think. I guess it does depend on type of sails,canvas work,engines and extras a etc.

 

[roblpm]

£3.4k? he must have a pretty knackered boat and pay for maintenance then.

Marina?! ? Aha see that was without mooring. Well it's easy to spend that amount on new sails, electronics, engine etc. But depending on what boat you buy that's pretty optional.

 

[ashtead]

Yes I agree but if you lift out,antifoul insure repair ,upgrade etc I can probably get to 4100 on a 41footer with a reserve per annum for future new sails etc.

 

[Tranona]

Interesting -a lot here turns on your appetite for fettling and sailing usage,your crew (if any) desires etc. I would also be considering how long I intend to keep your choice,where you moor etc. I still think good quality 2007 type boats in short supply due to the recession etc. I might like to upsize to a degree but at a certain size you are really doing it for comfort. I was talking to a chap today about annual running costs disregarding mooring and he suggested 10% of length in feet -I hadn’t seen this before but for example if you take a 34ft bank on 3400 .

These "rules of thumb" are usually just picked out of the air as if all boats of 34' have the same needs - although much better than relating annual costs to purchase price as some do!). For my 33' fixed annual cost (ignoring berthing) were £800 for insurance, engine service (DIY) and annual haulout (no AF as Coppercoat). Over the 6 years other costs were new exhaust muffler £400 fitted, new windlass motor and circuit breaker £500 fitted, repaired wind transducer £300 fitted and re coppercoating keel £600 DIY. So £300 a year over the 6 years. Other expenditure furling cruising chute £2500, new main £2000 - neither necessary expenditure. Just to complete the picture, loss in capital value (total purchase price minus net sale proceeds) over the 6 years was around £2000pa.

However a 20 year old boat of similar size and type would have similar basic annual cost, or maybe a bit more with AF and probably higher haulout costs than mine, so maybe £1000+. Essential replacements are likely to be higher because gear is older, but much of the upgrade type costs (sails, electronics interior refurbishment etc) tends to be discretionary, at least in timing.

Doing these sorts of sums does highlight the unavoidable costs, but particularly exploring the partially discretionary ones and does emphasise the importance of buying the best possible boat in the way of equipment and general condition, particularly at the lower price end.