Squadron 56 on ebay

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upcountry2

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Just noticed this, item no 331087337230 (sorry can't do a link)
Now if I were to come over to the dark side, I could be seriously tempted by something like this,especially given the price it is likely to make, originally asking three times as much, currently down to £150000 on brokerage.
Is this a good deal? Want something as a liveaboard primarily, with the occasional trip down the coast, fuel cost would be an issue for any distance, but not likely to go far.
I know very little about big mobo's, I would of course get some serious tuition.
Just musing you understand.
What do you think? Crackers, should I stick to saily boats?
Your replies appreciated.
 
Big solid boats, loads of room, good hull. You should try a PM to djefabs, I think he's got one of these. Personally I'd be a bit put off by the sellers conditions in the ebay listing - I wouldn't contemplate buying a 20 year old boat without a survey.
 
jimmy_the_builder said:
Personally I'd be a bit put off by the sellers conditions in the ebay listing - I wouldn't contemplate buying a 20 year old boat without a survey.
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I'd be very put off, 10% deposit (refundable/non refundable?) within 48 hrs, funds paid to a third party, no mention of survey/condition or engine service record + don't bid if you have less than 250 feedbacks, that alone disqualifies most bidders.
 
That looks an outstandingly good boat for £100k. In the current market, and with the "wrong" engines (ie the ones that the market just doesn't like as much) it is probably not worth much more than that, esp with 2000 hours. It is a much respected model of boat though, known to be a very good design and well built.

So if you were buying it on normal terms, ie with survey and full T+Cs as regards the deposit and its returnability, I'd shout "go for it". However, if the seller is refusing survey (is he?) I'd be inclined to walk away. Sure, I might take the risk if the thing were half price, but at pretty much the correct price I don't see the logic of taking the risk - I mean what is your upside? Airco problems could be £10k. A new generator leaves little change out of £15k and an engine rebuild could be considerably more

Very nice boat though
 
Come to think of it, I'd bid and buy it. Then not pay the deposit until terms relating to it are specified and agreed (he can sue you for his losses if he wants, but they're zero at this point in proceedings). Then go and look at it. And if it's good complete the deal. If it's not, walk away. Let him sue you for his losses, which are precisely zero because you still have the money and he still has the boat, ie diddly squat losses.
 
jfm said:
That looks an outstandingly good boat for £100k. In the current market, and with the "wrong" engines (ie the ones that the market just doesn't like as much) it is probably not worth much more than that, esp with 2000 hours. It is a much respected model of boat though, known to be a very good design and well built.

So if you were buying it on normal terms, ie with survey and full T+Cs as regards the deposit and its returnability, I'd shout "go for it". However, if the seller is refusing survey (is he?) I'd be inclined to walk away. Sure, I might take the risk if the thing were half price, but at pretty much the correct price I don't see the logic of taking the risk - I mean what is your upside? Airco problems could be £10k. A new generator leaves little change out of £15k and an engine rebuild could be considerably more

Very nice boat though
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Thanks for that, was'nt aware they were the "wrong" engines! I guess Ebay is a good indicator as to what a boat is worth in the current market, maybe not the bargain I first thought.

As a place to live though, I could get quite excited sub £100000, berth it somewhere other than S Coast to keep costs down, sit back and await visitors...

Mostly, be careful comments, that goes without saying, one or two positives, Hmm I can't get it out of my mind, three days to go, I think I will have to arrange to have a look at it.
Too short notice for a survey, but I won't be parting with any wonga until it is surveyed.

Boat is now twenty years old, is it at the bottom of it's depreciation, assuming it is kept in good Nick, and I keep it for ten years will it's value fall substantially, will I get my money back?
Or will I be stuck with something I can't shift at any price.

Too many questions, not enough time...

Thanks to all, keep it coming....
 
upcountry2 said:
Boat is now twenty years old, is it at the bottom of it's depreciation, assuming it is kept in good Nick, and I keep it for ten years will it's value fall substantially, will I get my money back?
Or will I be stuck with something I can't shift at any price.
Click to expand...

I think that's an impossible question. There are plenty of older boats that languish on the market for years at a time. Imho, the only way to buy a boat like this is with money you don't need back; then, anything you do get back is a bonus.
 
hmmm, change in conditions...

First, his solicitor will hold the deposit and funds, then its H Marine Services.

Cold feet about something ? I hope someone has read the forum advice on escow accounts from those people with big boat experience.
 
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