Why is my boat not selling in Spain

[Moonbeam]

Just to check I’ve sent a message to Peters & May. Not had a reply yet

Sounds like Tranona has cleared that one up.

 

[jakew009]

Just to check I’ve sent a message to Peters & May. Not had a reply yet

I think the bigger 'risk' is that someone tries to use it as an excuse to try and beat you down further on price etc compared to a UK boat.

But perhaps you don't even need to tell the potential purchaser it's been in Spain... just consider it an extended cruise. Did you buy it in the UK originally and take it to Spain?

 

[DavidJ]

I think the bigger 'risk' is that someone tries to use it as an excuse to try and beat you down further on price etc compared to a UK boat.

But perhaps you don't even need to tell the potential purchaser it's been in Spain... just consider it an extended cruise. Did you buy it in the UK originally and take it to Spain?

Yes I bought it new from Sealine back in 2002. Although I wouldn’t hide it from the new owner there is nothing to show that it’s ever been out of the country.
Maybe a new owner may be surprised why I had the engine fire extinguisher fitted by a company in Barcelona !!!!

 

[ari]

Thanks
There do seem to be a lot of S37’s out there. They did make 250 of them though (earlier ones called the Flamenco 37)
I’ll check of Deacons
I’m looking at Burton Waters at the moment. They know their Sealines and very common for people to trade up staying in the brand. I’m on my 3rd, I know some on their 5th
Thanks

I'm intrigued by this. I thouht that the Sealine S37 was a re-badged (possibly slightly facelifted) 360 Ambassador. I've never heard of a Sealine Flamenco 37 (which surprises me) yet a Google search brings up a few.

Not germane to the point I know, but curious, has anyone else heard of the Flamenco 37? (Not suggesting the OP is wrong, just surprised not to have heard of it).

In answer to the original question, just to return to the point, if it's not sold within a reasonable timeframe then it's too much money. Everything has a value, no matter how tatty or wrong engines or whatever (not saying that's the case here, just that, no matter what, there's a price at which any boat will sell). I'm not convinced that spending a lot of money moving the boat from one point on the globe to another will add value to it, it might be better to 'use' that money in the form of a price reduction.

 

[stelican]

I'm intrigued by this. I thouht that the Sealine S37 was a re-badged (possibly slightly facelifted) 360 Ambassador. I've never heard of a Sealine Flamenco 37 (which surprises me) yet a Google search brings up a few.

Not germane to the point I know, but curious, has anyone else heard of the Flamenco 37? (Not suggesting the OP is wrong, just surprised not to have heard of it).

In answer to the original question, just to return to the point, if it's not sold within a reasonable timeframe then it's too much money. Everything has a value, no matter how tatty or wrong engines or whatever (not saying that's the case here, just that, no matter what, there's a price at which any boat will sell). I'm not convinced that spending a lot of money moving the boat from one point on the globe to another will add value to it, it might be better to 'use' that money in the form of a price reduction.

Flamenco introduced at Libs to great song and dance

 

[westernman]

I‘ve had my boat, based in Spain, advertised with all the major sites including eBay classified for nearly 2 months and not a murmur of interest. (1500 hits on eBay)
It‘s priced about right against others on the market.
Somehow a Med boat ready to go (EU tax paid) with a rental berth doesn’t get the juices flowing
It can’t be a Brexit 90 days in 180 thing because, I guess, most UK Med boaters don’t get near this.
If it’s a price thing why not make an offer, very odd.
I‘ve had a non exclusive broker to handle contracts/money transfer so that shouldn’t scare people off.
So I‘m bringing it back to the UK to sell (return goods no VAT problems)

I’m a little baffled, any ideas chaps?

It looks pretty good as well

Check out Sealines on the Spanish web sites.
For instance:-

Barcos de ocasión Sealine

Also check out this Sealine Flamenco 37:-

Sealine Flamenco 37

 

[jfm]

Just to check I’ve sent a message to Peters & May. Not had a reply yet

Tranona is 100% correct. There is no "you must keep the boat for x months" rule applicable here and never has been.

Upon returning the boat to UK in same ownership (ie you), your shipper will declare it to UK HMRC and you will get definitive HMRC paperwork proving that it has been correctly imported back into UK, and no taxes are owed. At that point it should be simple to sell it.

 

[Momac]

It seems to me boats have lost most of the covid related price increases.
Inflation and interest rates and energy costs have affected everyone.

 

[DavidJ]

Tranona is 100% correct. There is no "you must keep the boat for x months" rule applicable here and never has been.

Upon returning the boat to UK in same ownership (ie you), your shipper will declare it to UK HMRC and you will get definitive HMRC paperwork proving that it has been correctly imported back into UK, and no taxes are owed. At that point it should be simple to sell it.

As usual simple, accurate and clear summing up the situation.
Thanks

 

[Momac]

Have you considered using a British broker to sell your boat while the boat remains in Spain?

 

[DavidJ]

Have you considered using a British broker to sell your boat while the boat remains in Spain?

Yes I had a really helpful UK broker (actually from this parish) who spread the ads across loads of boat sites (even Scandinavian and Oz)
Also he was super flexible and agreed to be non exclusive with no fixed contract.
To be honest he said it was overpriced. I did reduce it but maybe not enough.
Not a single murmur from the ads.
To avoid any conflict of interest I had to put a hold on our relationship when I started to talk with Burton Waters

 

[Portofino]

I really appreciate the comments that you are all contributing and it’s a rare phenomenon that you are all right, I’m overpriced.
There are reasons why I’m high eg significant refurbishment of cockpit/cabin, navigation upgrades, new engine fire extinguishers blah, blah, blah but there are no takers.

I’ve done a scatter diagram £’s v years of available S37’s mostly in the UK
…..and of course they are all unsold.
Some of the lower ones have Mercruser engines or AQAD41’s which are less popular so I don’t need to pitch myself down there.

What does the panel consider a reasonable start point?

View attachment 162267

Between the red lines I have put on your speed sheet .

leave it in Sp .

 

[jakew009]

Between the red lines I have put on your speed sheet .
View attachment 162352
leave it in Sp .

On the face of it though even a ~90k list price would be expensive compared to the two for sale in the med that haven't sold.

Sealine 37 2001 Used Boat for Sale in Campania, Italy
Sealine Flamenco 37

The list prices are clearly higher in the UK but as to whether the achieved price would actually be any higher after shipping it back... who knows.

 

[julians]

On the face of it though even a ~90k list price would be expensive compared to the two for sale in the med that haven't sold.

Sealine 37 2001 Used Boat for Sale in Campania, Italy
Sealine Flamenco 37

The list prices are clearly higher in the UK but as to whether the achieved price would actually be any higher after shipping it back... who knows.

Also the graph doesnt show any boats newer than 2002, maybe because there arent any for sale? but if there are some for sale, then it would be useful context to know where the OP's sits in relation.

My view would be keep it in spain and get it sold (ie drop the price substantially) , you might get more money for it in the uk than you would in spain , but thats not guaranteed at all, but what is guaranteed is that by bringing it back to the uk you'll have additional costs ,time and hassle that you wont have in spain. ie you could end up bringing it back to he uk and have it sitting there for months/years until you eventually drop the price to the same as you might get in spain (or even lower), and in the mean time you dont have a boat you can use, or you have to use it in the UK (the horror ! after being used to med boating)

Maybe your future plans might affect whether you sell in spain or bring back to uk, ie if you're packing in boating altogether then maybe (although I would prob still try to sell in spain) it makes some sense to bring back to uk and take your time to sell, but if you're going to carry on boating in spain with a new boat when this is sold, then it makes more sense to keep it in spain, drop the price and sell it, but in the meantime get some more use out of it.

 

[benjenbav]

Thanks
There do seem to be a lot of S37’s out there. They did make 250 of them though (earlier ones called the Flamenco 37)
I’ll check of Deacons
I’m looking at Burton Waters at the moment. They know their Sealines and very common for people to trade up staying in the brand. I’m on my 3rd, I know some on their 5th
Thanks

When Sealine was ‘built by Kidderminster postmen’ (I’m a Kiddy boy, myself, btw) they famously made it easier to trade up through their range than to do otherwise - which is one of the reasons that so many boat owners had multiple Sealines. Another reason being that lots of folk liked them, for good reason.

Nowadays, as a subsidiary brand of Hanse I don’t know if there are still the incentives to trade through the range?

 

[DavidJ]

Also the graph doesnt show any boats newer than 2002, maybe because there arent any for sale? but if there are some for sale, then it would be useful context to know where the OP's sits in relation.

My view would be keep it in spain and get it sold (ie drop the price substantially) , you might get more money for it in the uk than you would in spain , but thats not guaranteed at all, but what is guaranteed is that by bringing it back to the uk you'll have additional costs ,time and hassle that you wont have in spain. ie you could end up bringing it back to he uk and have it sitting there for months/years until you eventually drop the price to the same as you might get in spain (or even lower), and in the mean time you dont have a boat you can use, or you have to use it in the UK (the horror ! after being used to med boating)

Maybe your future plans might affect whether you sell in spain or bring back to uk, ie if you're packing in boating altogether then maybe (although I would prob still try to sell in spain) it makes some sense to bring back to uk and take your time to sell, but if you're going to carry on boating in spain with a new boat when this is sold, then it makes more sense to keep it in spain, drop the price and sell it, but in the meantime get some more use out of it.

Thanks Julian
The S37 was replaced in 2002 by the S38 which wasn’t quite so popular, maybe because they had some over publicised problems with the new hull (which were effectively and quickly overcome)
I‘m packing up boating we are in our 70’s and SWMBO doesn’t skip around pulling ropes like she used to, but we‘ve had 45 years so have given it a good shot.
The arguments for keeping in Spain are a little stronger in balance on this forum which is interesting.
One of the potential problems in Spain is that I had an excellent UK broker but how would I demonstrate it to a (maybe more including tyre kickers) punter come the day. The local brokers seem to be a shady bunch. I got a link on this forum to a good Spanish broker some distance away which I will follow up.
My instinct is to bring it back. I need to work out what’s driving my instinct.

 

[DavidJ]

On the face of it though even a ~90k list price would be expensive compared to the two for sale in the med that haven't sold.

Sealine 37 2001 Used Boat for Sale in Campania, Italy
Sealine Flamenco 37

The list prices are clearly higher in the UK but as to whether the achieved price would actually be any higher after shipping it back... who knows.

Those 2 boats are interesting
The flamenco is 27 years old so understandable (but extraordinary condition of the original fabric) but if I was in the market to buy I’d have a look at the Italian one. Of course it’s only for EU use unless you want to pay UK duty (which would be the case for mine for the next owner if bought in Spain)

 

[Moonbeam]

Tranona is 100% correct. There is no "you must keep the boat for x months" rule applicable here and never has been.

Upon returning the boat to UK in same ownership (ie you), your shipper will declare it to UK HMRC and you will get definitive HMRC paperwork proving that it has been correctly imported back into UK, and no taxes are owed. At that point it should be simple to sell it.

Sounds like DavidJ has got all his import paperwork squared away with Peters & May, and if as jfm says, you will also get definitive HMRC paperwork, then that would certainly satisfy me, as it should any prospective UK buyer. Seems my concerns aired above were unfounded.

DavidJ, if your instinct is to bring it back, then perhaps that's the best thing. If you go with Burton Waters, then your boat will not be too far from home? I can see the advantage in that, as you will be able to keep an eye on it and make sure it's presentable to prospective buyers etc.

 

[DavidJ]

Sounds like DavidJ has got all his import paperwork squared away with Peters & May, and if as jfm says, you will also get definitive HMRC paperwork, then that would certainly satisfy me, as it should any prospective UK buyer. Seems my concerns aired above were unfounded.

DavidJ, if your instinct is to bring it back, then perhaps that's the best thing. If you go with Burton Waters, then your boat will not be too far from home? I can see the advantage in that, as you will be able to keep an eye on it and make sure it's presentable to prospective buyers etc.

Thanks
I heard from Peters & May this morning and not surprisingly confirmed that I could sell straightaway. When you mentioned an x period of time it rang a bell with me a well. Nice to have that one settled.
So
I’m bringing it back
There is a debate whether south coast or. Burton Water Lincoln.
Hmmmm

 

[Ribtecer]

Next buyer could end up taking it back.

It's a funny old world.

GLWTS.