State of the Market.

[Momac]

Now might be the time but that is based on what you know now...... Maybe 'the time' might be another year for a different reason..... No one can know

Maybe......
I thought that about some shares. Should have sold them when they were in profit but held on too long.

 

[ari]

Now might be the time but that is based on what you know now...... Maybe 'the time' might be another year for a different reason..... No one can know

Anyone..? ??‍

 

[Momac]

Perhaps the opposite.....too much family time recently and everyone wants to leg it! ?

Depends on circumstances - there has been far too little family time over the last year as far as I am concerned.
.

 

[sarabande1]

The visitor berths and anchorages thing is about people spending more time on their boats because foreign holidays aren’t an option at the moment. We spent a couple of months on the south coast last summer when we bought our current boat and getting an overnight berth was challenging and popular anchorages like Newtown Creek were rammed.

I guess the marinas filling up is because there are less boats sitting on brokerage? It is reality though - see the other thread on Poole marinas being full. Our marina is also full with a waiting list - not had that for a long time.

Maybe there's some truth in British people using their boats more because they can't holiday abroad but that still doesnt explain more boats in marinas. Anyway I believe you. On the plus side its good for the British marine industry and when its allowed to open, the part of the hospitality industry that depends on boaters

 

[sarabande1]

Perhaps the opposite.....too much family time recently and everyone wants to leg it! ?

Yes I know that feeling but since our boat is in the Med, I dont have the option to leg it

 

[Mr Googler]

Yes I know that feeling but since our boat is in the Med, I dont have the option to leg it

RGR ???

 

[alt]

I'm in Ireland.

Over the past few months, i've been approached (not physically, obviously) asking if i'd be interested in selling, several times.

SHE'S NOT FOR SALE.

While it's flattering, it's starting to get a little tiring.

 

[Megs20Burt!]

I'm in Ireland.

Over the past few months, i've been approached (not physically, obviously) asking if i'd be interested in selling, several times.

SHE'S NOT FOR SALE.

While it's flattering, it's starting to get a little tiring.

I’ve heard that people are physically visiting marinas and asking boat owners directly if they would like to sell.

 

[oldgit]

"Maybe there's some truth in British people using their boats more because they can't holiday abroad but that still doesnt explain more boats in marinas."

Suspect it may not just be in my area in the South East . Visited just about all of our local marinas plus many of the boatyards calling themselves marinas.
The hard standings and long term storage areas are jammed with boats of all ages and sizes. Some obviously are just ashore for winter but row apon row have not been in the water for ages.
A few will never see water again, with good reason , ie. outdrives
Perhaps boats which once had zero market value and simply left until the yard owner got fed up and seized for non payment of rent have suddenly become worth recommissioning ?
Can think of one yard with perfectly good modern boats such as Fairline Corniches and Fairline 36s plus contemporary Princesses which have been visibly ashore for years.

 

[LBRodders]

I love this forum!

It's doom and gloom, boats are worth nothing, offer half the asking price!!

And if they're not, well they bloody well will be next year!

The reality is that boats are currently selling beyond their material worth driven by a 'covid factor'. Bit like a holiday let in Cornwall this August or puppies, bog roll and fence paint.
It's not a real/true value that is in any way sustainable.

We also need to price in the impending financial doom and gloom.

 

[Durley245]

Maybe there's some truth in British people using their boats more because they can't holiday abroad but that still doesnt explain more boats in marinas. Anyway I believe you. On the plus side its good for the British marine industry and when its allowed to open, the part of the hospitality industry that depends on boaters

Completey agree sarabande1, its good for British business me being one of them. Boat prices where rising a year or two before covid anyway. I don't understand why boating should be considered any cheaper than it already is. Its an exclusive pastime as should remain so. I dont expect any changes in prices and running costs this is here to stay due to demand and short supply of new and particularly used. Small business, good engineers suppliers got the chance to make some decent money now. I you don't like the cost get yourself a tent from Go outdoors and camp up with a nice cooker and some sausages and be done with it.

 

[ari]

Maybe there's some truth in British people using their boats more because they can't holiday abroad but that still doesnt explain more boats in marinas.

I know of several people who've brought their boat back from the Med, so doubtless there are many more. A combination of Brexit and Covid means owners figure ease of access outweighs guaranteed sunshine. (which is not a lot of use if it's hard to get to - whether that's perceived or true).

What seems clear is that the government (and to a large extent the public, possibly fuelled by the fear instilled by HMG and the media) has a taste for lockdowns, masks and restrictions that it seems reluctant to let up on.

Not sure I'd want a boat in the Med (or anywhere abroad) right now.