State of the Boat Market. Its Serious and on Radio 4.

PowerYachtBlog said:
The state of the market is all the same around Europe and beyond. Crazy stuff.
Normality might be 2022, if lockdown finishes. Currently the people who are making money have less things to do, and more money left in there pockets so the expenses of a boat seems little.
Say your 11 meter which costs 10k to keep looks okay now, because you are spending nothing on the stuff you used to do prior to Covid-19.
How will it be when normality returns? This is the big question. For some they might have found a new hobby for others the boat might be the expense which takes away cash from the normality which at the moment is lost.
Normality being that I do four or six holidays a year, normality which means going shopping twice a week, and eating in a restaurant nearly three to four times a week.
This is the equation.
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This is spot on i think...

It's absolute pants for me trying to enter the market. I've been looking at boats for getting on 18 months now, and the prices are silly...
 
oldgit said:
The last time we were in Wales, sitting in a cafe overlooking the marina at Conwy, it was all the staff could do to stop the tables blowing away. ?
Somebody must have to great deal of trouble photoshopping out all the waves and white horses in your photo.
You sure thats Wales ? :)
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What waves? These ones at Conwy bar? Marina queens dont know about them cos their gates are still closed. Me? They're great at setting the family expectation on what they shall receive if I am not kept happy at all times.

We love a good wave

 
GravyStain said:
This is spot on i think...

It's absolute pants for me trying to enter the market. I've been looking at boats for getting on 18 months now, and the prices are silly...
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I am in a similar position. Anything interesting is scarce, expensive and seems to sell quickly. I suspect a lot of boats aren't even advertised, brokers will have people looking lists.
 
GravyStain said:
This is spot on i think...

It's absolute pants for me trying to enter the market. I've been looking at boats for getting on 18 months now, and the prices are silly...
Click to expand...
it's certainly very strong at the moment. I bought my boat new last year. I've just had it valued for a brokerage sale (needed for insurance, I'm not actually selling)... 12 months old and it's gone up by 12% on what I paid...
 
Scala said:
it's certainly very strong at the moment. I bought my boat new last year. I've just had it valued for a brokerage sale (needed for insurance, I'm not actually selling)... 12 months old and it's gone up by 12% on what I paid...
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Does that include fenders.
 
Scala said:
it's certainly very strong at the moment. I bought my boat new last year. I've just had it valued for a brokerage sale (needed for insurance, I'm not actually selling)... 12 months old and it's gone up by 12% on what I paid...
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Am I wrong in thinking that a very new boat always holds its price because the potential buyer wants to save waiting time not money
 
We are probably a newish as opposed to a new boat but an exchange rate of 1.35 when we bought in 2015 probably isn’t going to apply for some time leading to higher new prices ?
 
Definitely a sellers market, looked at 5 PH38’s just over a year ago and all sold. One just came back on the market for £135k
it was for sale by a big broker for £99k! last year. (Great video of the new owner nearly crashing into a super yacht in Poole) :LOL:
It did need some cosmetic work though.
Bottom line for it was £92k As seen........ Should have bought it! Could have made £40k in 10 months!!
:LOL:
 
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