Targa 50 on eBay

[petem]

I don't see anything wrong with the seller justifying why he's selling the boat. I guess his point is that the business deal (could be a property being sold at auction for example) requires an immediate sale or the boat will be withdrawn. Could of course be a load of cobblers.

Regarding the 'polished props' item, I wonder if he's just cut and pasted a list of works from his refurb invoice. Again, a perfectly logical thing to do.

Regarding this boat, if it's the ex Cala D'Or (ex-charter) one then I wonder what the hours are, pretty high I imagine. I also think the T50 is a bit of an acquired taste (if it's the rather tall and slab sided model that I'm thinking of).

I'd also concur with Volvopaul, if it was that good a deal it would have found a buyer in the trade.

 

[hullabaloo]

Think the owner posted it on here when he bought it.

yes he did.

http://www.ybw.com/forums/showthrea...-due-anything-is-possible!&highlight=targa+50

Seems like a nice guy to me,
not sure why he has been draged over the coals on here for trying to sell his boat though.

 

[jrudge]

I don't see anything wrong with the seller justifying why he's selling the boat. I guess his point is that the business deal (could be a property being sold at auction for example) requires an immediate sale or the boat will be withdrawn. Could of course be a load of cobblers.

Regarding the 'polished props' item, I wonder if he's just cut and pasted a list of works from his refurb invoice. Again, a perfectly logical thing to do.

Regarding this boat, if it's the ex Cala D'Or (ex-charter) one then I wonder what the hours are, pretty high I imagine. I also think the T50 is a bit of an acquired taste (if it's the rather tall and slab sided model that I'm thinking of).

I'd also concur with Volvopaul, if it was that good a deal it would have found a buyer in the trade.

It was not ex charter. It was owned by the Barke brothers as a personal boat and eme of lumishore I beleive.

 

[petem]

It was not ex charter. It was owned by the Barke brothers as a personal boat and eme of lumishore I beleive.

Apologies I stand corrected.

 

[Lloydroberts]

Seems strange to me that someone who can afford lots of "TOYS" can't raise £400 k for a venture in a better structured manor, why use your own money.

Why take a risk when you have a high value depreciating "asset"

 

[Portofino]

Why take a risk when you have a high value depreciating "asset"

But if it’s liquidised for a song , at far lower value then it’s not actually a “ high value “ asset .

Agreed in theory its was on paper but because of its liquidicy , long , medium , short , instant, the value or class in you like of the asset has changed ,
You loose any perceived high value status that the market places it in ,if you want a quick sale within days ,

One can only deduce the owner has not got anything behind him or what he has may be debt ridden hence the fire sale .No where to turn to get £ .
In a more structured way he could market the boat in the traditional way with traditional timelines of getting the realisation value say next early summer at a fair market price , the condition and “ extras” making it a stand out T50 .

In the short term borrow the amount on a short term loan from a lender using some asset ( if it’s of value or not in hock ?) as collateral.

When the boat sells later clear off the short loan .
Would have thought it’s at the lower end of its depreciation curve , not moving much between now and next summer taking its excellent spec into account ,

Alternatively timing with a Bexit twist :encouragement:
Next spring / summer buyers may be frozen like rabbits in the headlights waiting for things £/€ wise to settle down .
Depending on which side both the buyer and seller are and which way the £/€ is gonna swing there will be winners and loosers .
If the seller wants sterling out NOW and wants to cut sending £ into € now ( maintenance/ berthing etc) then I can see the logic in the fire sale going Fwds .Assming he has no Eur income ,

A no a deal Brexit will inevitably mean Med boaters will sterling only generated income will have an expensive season next year as the £ initially drops in the immediate aftermath
So cash in before the 11 -12 -12 “ meanifull vote “
Just a few thoughts

 

[MapisM]

If the seller wants sterling out NOW and wants to cut sending £ into € now (maintenance/ berthing etc) then I can see the logic in the fire sale going Fwds.

Looking fwd to seeing a multitude of my compatriots buying boats from Brits for peanuts, for a change...

 

[jrudge]

days ,

One can only deduce the owner has not got anything behind him or what he has may be debt ridden hence the fire sale .No where to turn to get £ .
)

This and a few other comments are in my view completely out of line with either the facts or the way the forum works.

Someone is selling a boat they bought not long ago. Its is not selling season and seems to have priced a nice boat to sell.

That is the end of it really and all the forum should be interested in surely?

Why, how much they do or dont have and so on it really none or our concern.

People sell for all sorts of reasons and selling a toy when you have an alternative investment that may generate money as opposed to cost money is perfectly logical and not for us to question.

Just my view and of course others may not agree with me.

 

[Lloydroberts]

This and a few other comments are in my view completely out of line with either the facts or the way the forum works.

Someone is selling a boat they bought not long ago. Its is not selling season and seems to have priced a nice boat to sell.

That is the end of it really and all the forum should be interested in surely?

Why, how much they do or dont have and so on it really none or our concern.

People sell for all sorts of reasons and selling a toy when you have an alternative investment that may generate money as opposed to cost money is perfectly logical and not for us to question.

Just my view and of course others may not agree with me.

Absolutely +1 imo.

 

[hullabaloo]

This and a few other comments are in my view completely out of line with either the facts or the way the forum works.

Someone is selling a boat they bought not long ago. Its is not selling season and seems to have priced a nice boat to sell.

That is the end of it really and all the forum should be interested in surely?

Why, how much they do or dont have and so on it really none or our concern.

People sell for all sorts of reasons and selling a toy when you have an alternative investment that may generate money as opposed to cost money is perfectly logical and not for us to question.

Just my view and of course others may not agree with me.

How can others not agree ?
the op was made out to be;
skint,
flashy,
an idiot for buying a t50
and incapable of sorting his own business out.
The coments on here was bitchy, wrong and well out of line.
And his crime was, an advert on ebay to sell his boat..

 

[petem]

How can others not agree ?
the op was made out to be;
skint,
flashy,
an idiot for buying a t50
and incapable of sorting his own business out.
The coments on here was bitchy, wrong and well out of line.
And his crime was, an advert on ebay to sell his boat..

Well put (you missed bullshitter for mentioning "polished props" ).

 

[hullabaloo]

Well put (you missed bullshitter for mentioning "polished props" ).

I also missed out peasant for this coment; "can't raise £400 k for a venture",
but i feel better for my out burst against the bitchin.

 

[Portofino]

How can others not agree ?
the op was made out to be;
skint,
flashy,
an idiot for buying a t50
and incapable of sorting his own business out.
The coments on here was bitchy, wrong and well out of line.
And his crime was, an advert on ebay to sell his boat..

Did you click on the sellers other u tube vids before the rant ?
Noticed your Avitar , you may like the “468 to Goodwood “overtaking double white lines ? What’s your view on that ? Btw .

https://m.youtube.com/channel/UC5s_snTwjmuZTXp2sHNwcqA/videos

What’s your plausible explanation for the attempted fire sale ?

Anyhow no caveats by Jez when he posted the post what else is there to discuss the ad speaks for itself regarding the boat details - that leaves the price what else to talk about ? Let’s face it we could be doing anchors or plotters etc
So why not do selling boats cheaply which has to cover the reason why in the sense that cheap and quick are interrelated.

My posts are my view ,which naturally may differ from others in forum , that’s perfectly normal but I don,t feel I have to critique others views that differ , just adds to rich tapestry .

Btw it was Rubber Duck who made the ‘£400 K - -“ quote

I,am assuming the” his “ ^^^^ was aimed at me ?

I stand my my view why it was listed at that price indeed reviewing the U tube material ( seen just now after your post ^^ )
Just reinforced my earlier view .
It’s was not a ctritism btw just a view I got knowing the boat market and reading between the ad lines .
As said before I saw the sellers other U tube vids .
Draw your own conclusions , but I,am not fooled ,

 

[MrB]

Did you click on the sellers other u tube vids before the rant ?
Noticed your Avitar , you may like the “468 to Goodwood “overtaking double white lines ? What’s your view on that ? Btw .

https://m.youtube.com/channel/UC5s_snTwjmuZTXp2sHNwcqA/videos

It was an F458 Porto but i agree with you, shocking driving!

 

[[2068]]

It was an F458 Porto but i agree with you, shocking driving!

I drive along that road twice a week (A339 / B3006).
He’s going quite a lot faster than I would be!
Overtaking on the double whites isn’t generally a good idea, but maybe driving a Ferrari makes you invincible?
Also you do encounter the occasional cyclist.

.

 

[MapisM]

the op was made out to be;
...
flashy,
...

As the only one who used the word "flashy", I must strongly disagree, because I NEVER made out the op to be flashy.
I would never dare qualifying in that way (or in any other way for that matter) someone I never met.
It's his ad style which I described as "a bit flashy", and that is not the same thing by any stretch of imagination.
You might still agree or not of course, but if you don't, I would suggest you to read the ad again - assuming you already did, that is.

 

[rubberduck]

If my current boat goes up for sale anytime soon, it will be because I'm dead. Wife has instructions to give it to Boats.co.uk to see what they can do with it. She won't be giving it away & I doubt they will list it as dead Duck.
If something is priced correctly you have no reason to tell your life story when selling, IMO.

 

[petem]

If my current boat goes up for sale anytime soon, it will be because I'm dead. Wife has instructions to give it to Boats.co.uk to see what they can do with it. She won't be giving it away & I doubt they will list it as dead Duck.
If something is priced correctly you have no reason to tell your life story when selling, IMO.

I disagree. One of the first things I ask when buying a boat is "why are you selling it?". If you've got a good reason for selling it (i.e. wife doesn't like it, illness, going larger, etc) then why not tell people?

 

[Sishoe]

The boat is also advertised on BCU, it has been for a while. Initially for about 499K i think, then it was reduced, now its back up for 499K.
Despite the lovely refurb (which i'd love to replicate on my boat), and the fact its a current (ish) shape, it still a 2011 boat and therefore starting to get on a bit.
I've recently put out some feelers on what my 08 T64 might be worth, and the prices I'm being told to list at, are less that his black Friday deal price. I therefore don't think 400k no offers is an amazing deal, 300K yeah.

 

[jrudge]

Lots of car adverts etc say having a baby, moving house, relocation etc etc etc.

Other ads say surplus to requirement, won in a raffle etc etc.

They are trying to say that there is nothing wrong with it I suspect - ie there is a genuine reason for sale.

Does it work? No idea. Do I ask why are you selling. Quite often yes. Do I believe them? Never thought about it!

People also put one lady owner - who happened to be a rally driver - maintained regardless of cost ( and then no bills etc) so anyone can describe something as they please or we would have boat adverted that just asked you to answer 20 questions and were auto formatted by bots!