Weekend Boat Search. A Contemplation.

henryf said:
As has been said before the price crash brigade have been at it for many years. I know some people who sold their home several years ago and went into rented on the basis prices were about to crash. Sadly house prices have pretty much doubled in that time and the pot of money gained from the sale has steadily dwindled in value.

Boats have always been costly to maintain. They have always used fuel. They have always been used for less than 365 days a year. Mooring fees have always been a wedge of cash. Nothing has changed on those fronts. What does happen is individuals get older, stop earning money, become less able to enjoy their boats, have families who move away and generally become more cynical towards the lifestyle making way for new blood coming in.

New boats go up by around 4% per year and that is what dictates the value of the second hand market. Some used boats are white elephants that no one wants and so they cause localised glitches in price but popular boats generally follow a pattern. Indeed some new boats are also white elephants, I know of one in our marina that has been for sale for around 3 years but it’s crap, took the skin off my back when I went up the stairs to the flybridge !

As for buying a boat don’t worry too much about random stuff like how long the last person has owned the boat. Look at the actual boat. If you don’t know what you’re looking at employ the services of someone who does and realise that no used boat is perfect. You just want to make sure you pay a fair price in the market.

Henry :)
Click to expand...

Completely agree.

There does seem to be a certain snobbishness to the attitude 'these people new to boating, they won't possibly get it, wait till they realise how much it costs, they'll be selling up in droves, just mark my words'. As though anyone new to boating wouldn't have already found out what it costs first, and as though they were never new to boating themselves (clearly that very same confident prediction never came true for them).

That or it's just wishful thinking.
 
ari said:
Completely agree.

There does seem to be a certain snobbishness to the attitude 'these people new to boating, they won't possibly get it, wait till they realise how much it costs, they'll be selling up in droves, just mark my words'. As though anyone new to boating wouldn't have already found out what it costs first, and as though they were never new to boating themselves (clearly that very same confident prediction never came true for them).

That or it's just wishful thinking.
Click to expand...

Someone else that does not seem to live in the real world
 
Aardee said:
We all live in our own real worlds. Just because they're different to yours doesn't make the view less valid...
Click to expand...

Well there are indeed many worlds and I think when someone says 'the real world' they mean that occupied by the majority
 
For those in the least bit interested and to prove OG has Catholic tastes, a Rodman 41 or Azimut 42 would do at a pinch.
No IPS.
 
Bigplumbs said:
Have you ever lived in the real world alongside 80 % of the population. Who is it you are trying to insult by using your shoe box analogy
Click to expand...
I’m not trying to insult anyone, just debating the facts.

Buying an offshore motor boat isn’t something 80% of the population do. It’s a 5 or 10% thing and if you consider new boats it’s a 2% activity.

How else do you describe the many apartments crammed together in a development somewhere with little if anything to distinguish them from copycat properties elsewhere. The fact they are bought by more mainstream sections of the community means they will suffer when downturns affect large sections of the population.

By contrast many boats (and high end foreign properties) are bought by people immune to downturns, or rather who have enough fat around them to weather the storm.

For that reason and several other factors I don’t think we are about to see a price crash in boat market.
 
Look let’s just knock this price drop on the head .
Bentley a manufacturer close to my heart. :)
Sub in AN other high end discretionary product ……sound familiar lux boat makers also based in the U.K. .
Covid. Global pandemic , recession. Blah , blah , blah to coin a phase .
Its 15 mins but an educational 15 mins so I make no apologies.for those time poor go to 9.0


Who would have thought those numbers sat here 12 /12 ago .

The £/€/$ are out there and the pyramid / ripple effect will trickle down to the “ shoe box “ occupants .

Comsumer demand has gone bonkers for everything not just high end .

A nice place to be for the workers big lumps .
 
Last edited:
Portofino said:
Look let’s just knock this price drop on the head .
Bentley a manufacturer close to my heart. :)
Sub in AN other high end discretionary product ……sound familiar lux boat makers also based in the U.K. .
Covid. Global pandemic , recession. Blah , blah , blah to coin a phase .
Its 15 mins but an educational 15 mins so I make no apologies.for those time poor go to 9.0


Who would have thought those numbers sat here 12 /12 ago .

The £/€/$ are out there and the pyramid / ripple effect will trickle down to the “ shoe box “ occupants .

Comsumer demand has gone bonkers for everything not just high end .

A nice place to be for the workers big lumps .
Click to expand...

Do you honestly think that giving a example using a Bentley is representative of anything in the real world......... Priceless
 
Portofino said:
Look let’s just knock this price drop on the head .
Bentley a manufacturer close to my heart. :)
Sub in AN other high end discretionary product ……sound familiar lux boat makers also based in the U.K. .
Covid. Global pandemic , recession. Blah , blah , blah to coin a phase .
Its 15 mins but an educational 15 mins so I make no apologies.for those time poor go to 9.0


Who would have thought those numbers sat here 12 /12 ago .

The £/€/$ are out there and the pyramid / ripple effect will trickle down to the “ shoe box “ occupants .

Comsumer demand has gone bonkers for everything not just high end .

A nice place to be for the workers big lumps .
Click to expand...

im leaning more towards ordering the Bugatti Chiron but need to move house first apparently ?
 
Bigplumbs said:
Do you honestly think that giving a example using a Bentley is representative of anything in the real world......... Priceless
Click to expand...
YES …………it seems so .But as the vid said you could substitute any high end product in .The demand is there more than predicted .Same for boats , any boats inc used as well as new .Which is defeating your “ price crash “ argument .

Even your buddy ( in the political sense ) Mayor of Manchester Andy Burnham can’t believe where Manchester is today from 12/12 ago ,from a business pov in terms of bounce back from the lock down .
 
Portofino said:
YES …………it seems so .But as the vid said you could substitute any high end product in .The demand is there more than predicted .Same for boats , any boats inc used as well as new .Which is defeating your “ price crash “ argument .

Even your buddy ( in the political sense ) Mayor of Manchester Andy Burnham can’t believe where Manchester is today from 12/12 ago ,from a business pov in terms of bounce back from the lock down .
Click to expand...

Let me highlight your issue. When people say boats they could be talking about somthing that costs as little as £5,000 or perhaps £25,000. These are still boats and not what I would call high end products. Have a look on Ebay or Gumtree you will see what I mean.
 
You must log in or register to reply here.

Other threads that may be of interest

EugeneR
Help with getting sold boat data
Replies
8
Views
546
Tranona
T
R
Brokers.
Replies
6
Views
491
Irish Rover
Irish Rover
S
How much does re-upholstery cost?
Replies
11
Views
484
Dino
Dino
O
South Coast - Cheap boating option
4 5 6
Replies
104
Views
3K
stranded
S

Share this page

Top