Tranona
Well-Known Member
There is a lot of truth in both your main propositions. As I remarked earlier builders have moved away from the UK market's requirements because it is no longer a significant market for them. So not surprising that owners of older boats from the same builders are not attracted to the latest offerings - at least for use in the UK.Exhibiting my 41 year old Fulmar at the show, I am hearing lots of similar comments from visitors to Concerto. Several Bavaria owners with boats from the mid 1990's have said they would not buy thire new product offerings. Then I have heard the same from owners of Hanse, Beneteau, et al and even Halberg Rassey.
Also I am hearing comments like it nice to be on a proper yacht like Concerto rather than the plastic fantastics and IKEA boats. There is certainly a market for more traditionally designed and finished boats. I doubt if any modern builder could make them at a competative price, especially in the under 35ft range. Several people have commented they know of people who are buying an older boat because they like the shape and construction methods and then paying for it to be fully refurbished with all the latest kit. It not only works out cheaper than buying new, it is usually delivered quicker to the owner and the owner has far more input in getting the boat how he (and or she) wants it.
The glory days of the new boat market, roughly 1996- 2008 produced many really excellent boats at affordable prices in the under 12m size range from initially the big 3 later joined by Hanse. The odd dud but huge choice. Bavaria for example were bringing in new models every year, almost all better than the previous ones and sometimes even at lower prices. While some of the finish and construction was bit basic, most have stood the test of time and make good buys today. 2008-2011 was a transition period for many builders with falling volumes and financial insecurity and some of the designs of the period were indeed duds. This was the start of the big shift to what I call "holiday" boats, larger size, open plan, outdoor living and so on all in a style very different from 10 years earlier. That trend has continued.
Would I buy a new Bavaria? Yes, because they still make a version of my Farr design, but that whole range of boats from 2011 is on its way out. All the new boats are of the new style and over 40'. As good or bad as their competitors and hold no attraction for me. It will be interesting to see what they replace their Cruiser range with, but guess it will be similar to their competitors and probably also not attractive to me. Really glad i bought when I did - both times. Builders go through cycles and there are sweet spots when they get almost everything right either in general or with specific models.
Fully refurbishing older boats has been going on for some time, but the economics are against it for smaller boats if done professionally and even DIY with bigger boats can end up way over planned budget as many have reported on here. The supply of boats that are worth doing up is also shrinking as they get older and require even more work, so doubt it will ever be more than a specialist fringe activity.
