potentillaCO32
Well-Known Member
I may have posted something like this before.
When I first started sailing in the mid/late 80s in my late teens i looked at the westerly centaur as the popular family cruising boat and good ones were about 10k then. Similar for something like a sadler 26. Family boats were smaller then.
According to google, or AI, or something 10k in 1986 equates to around 40k now.
Yet it is possible to buy a very good centaur or westerly griffon for 6 - 7k. I saw one advertised for sale today with a 2004 engine and clearly well looked after for 7k. With the current market you could probably offer 5k and the seller would bite your arm off.
This is pretty recent, a sort of very gradual decline in prices from 2010 until covid which triggered a boom when you could ask silly money for anything, followed by a baloon pop of real vengence. To the extent that boatyards are scrapping biats at a rate of knots that they have never done before.
So for sailors this is the golden age. I know people say that it is madness paying 5k per year for a berth on a boat not even worth that, but it means that it is possible to get on the water and have fun for less in real terms than I spent on an evening out in Browns in Shoreditch in the 90s.
It is possible to get a seaworthy, comfortable boat, that has been looked after that is capable of crossing the channel for next to nothing.
I see this as a golden age of sailing. Far more accessible than it has ever been before. I don't think people see it, in the same way that most people never see the bottom of a market as a buying opportunity.
If boatyards keep scrapping boats at the rate they are doing then in a few years there will be more of the decent ones left and the supply/demand balance will start to return to normal.
My message is to those looking to buy, buy now and enjoy the value. It won't last.
When I first started sailing in the mid/late 80s in my late teens i looked at the westerly centaur as the popular family cruising boat and good ones were about 10k then. Similar for something like a sadler 26. Family boats were smaller then.
According to google, or AI, or something 10k in 1986 equates to around 40k now.
Yet it is possible to buy a very good centaur or westerly griffon for 6 - 7k. I saw one advertised for sale today with a 2004 engine and clearly well looked after for 7k. With the current market you could probably offer 5k and the seller would bite your arm off.
This is pretty recent, a sort of very gradual decline in prices from 2010 until covid which triggered a boom when you could ask silly money for anything, followed by a baloon pop of real vengence. To the extent that boatyards are scrapping biats at a rate of knots that they have never done before.
So for sailors this is the golden age. I know people say that it is madness paying 5k per year for a berth on a boat not even worth that, but it means that it is possible to get on the water and have fun for less in real terms than I spent on an evening out in Browns in Shoreditch in the 90s.
It is possible to get a seaworthy, comfortable boat, that has been looked after that is capable of crossing the channel for next to nothing.
I see this as a golden age of sailing. Far more accessible than it has ever been before. I don't think people see it, in the same way that most people never see the bottom of a market as a buying opportunity.
If boatyards keep scrapping boats at the rate they are doing then in a few years there will be more of the decent ones left and the supply/demand balance will start to return to normal.
My message is to those looking to buy, buy now and enjoy the value. It won't last.