mcp 32 Posted May 21, 2017 Share Posted May 21, 2017 Hi all. Im new to sailing, yachts and all. I have a lot of learning to do. Especially too realise my dreams. But While I am quite handy with asking google for advice and researching using the interwebs. I just keep feeling like there are holes in what I am reading or a reason why my internal questions are hard to find answers for. So I thought I would start a new topic and well ask lots of naive and daft questions lol. If anything it might answer a few for the other beginners also. Hope this is okay? Okay first up...While I am defiantly still learning about different boats designs and equipment. One thing that does seem to be making itself very obvious is the price of boats. I some times look at boats on trademe and think I must be seriously missing the pluses of certain vessels, because they don't seem to offer a lot, especially for age and can look like shitters in the pictures? Are boat prices usually quite firm or often sold for a lot less than advertised? Quote Link to post Share on other sites
Island Time 1,214 Posted May 21, 2017 Share Posted May 21, 2017 Hi MCP, welcome aboard crew.org. I think that your question is way too broad. Do you have particular vessels in mind? Some on trademe are, (like some cars on trademe) advertised for unrealistic prices, and wont sell, or wont sell for anywhere near the advertised prices. Some will... Quote Link to post Share on other sites
Black Panther 1,579 Posted May 21, 2017 Share Posted May 21, 2017 Plys keep in mind that unlike most consumer items a sailboat is relatively expensive to operate and maintain. That coat can be more important in the long run than purchase price. Quote Link to post Share on other sites
raz88 96 Posted May 21, 2017 Share Posted May 21, 2017 The market for yachts in nz is a little irregular. I've done some work with a local brokerage and my experiences are: As IT suggested there are plenty of boats for sale asking more than they're worth. This can be driven by a range of reasons e.g. -husband has been told by wife to sell boat but really isn't motivated -owner has spent $$$ on items for the boat and thinks this should be recoverable -owner thinks their boat should be worth what it was 5 years ago and doesn't recognise the market price has dropped for their vessel -owner is simply trying it on and is prepared to negotiate -in some of the one design classes a boat that's known to be fast may fetch a lot more than average for that type of boat. That aside, as BP said, people under estimate the cost of owning a boat - so it's often worth paying a fair price for a tidy one than buying the cheapest of whatever type you're looking at. Plenty of the boats you see for sale will be quite negotiable. It's not a super easy market to sell in and if sellers are motivated they will negotiate. The best thing you can do is spend some time on trademe keeping an eye on what's for sale of the type you're interested in, and build a picture in your own mind of what things are worth. Quote Link to post Share on other sites
wheels 543 Posted May 21, 2017 Share Posted May 21, 2017 You will find there are as many or maybe even more answers to this as there are differing prices in boats.Lets consider two Boats of exact same model for a starter. Both may have different prices. Some of the answers can be related to other answersFirst of all, is the Boat listed with a Dealer or is it listed Privately.Is the seller desperate, or happy to wait for a decent sale price.Has the Boat been heavily sailed, or used maybe just 3weeks per yr.Has the maintenance been kept up, or is it getting tired.Has maintenance been carried out professionally or not.Does the Boat need a new Sail wardrobe> or are the Sails in great condition.Does it need re rigging, or has that been done at some stage.Has it a pedigree nameAnd finally, How much do you want it, because a Boat is worth what someone is willing to pay.I am sure that list can be added too by others. Quote Link to post Share on other sites
cj! 19 Posted May 22, 2017 Share Posted May 22, 2017 I'm currently in the market to buy. Saw one yacht bought less than a year ago by non-sailors. No upgrades bar for a half done interior cosmetic upgrade and they're asking for another $10,000 over their purchase price. They must think it is Auckland property and not a yacht. Really should be several thousand below what they paid given what needs doing to bring it up to scratch. Quote Link to post Share on other sites
Island Time 1,214 Posted May 22, 2017 Share Posted May 22, 2017 If you're going to keep a boat in good order, the old rule of 10% of cost pa is not far out. But lately, especially in Auckland, holding costs are becoming about the same for many. So, a 100k boat will cost 10-20k per year to keep, and keep in top condition. Quote Link to post Share on other sites
S.M.U. 15 Posted May 22, 2017 Share Posted May 22, 2017 I'm currently in the market to buy. Saw one yacht bought less than a year ago by non-sailors. No upgrades bar for a half done interior cosmetic upgrade and they're asking for another $10,000 over their purchase price. They must think it is Auckland property and not a yacht. Really should be several thousand below what they paid given what needs doing to bring it up to scratch. Just give them an offer and if they say no just move on. Everyone thinks they know what their boat is worth just some are not so realistic, same being with the buyers. Also you can wait for years for the perfect bargain or be yachting, I know which one I'd rather do. Quote Link to post Share on other sites
mcp 32 Posted May 22, 2017 Author Share Posted May 22, 2017 My question was broad. I think {?} I am looking for 32 - 38ft bluewater capable monohull. [cutter or sloop rig] I plan to live on board for a few years and learn [off a mooring]. before I bugger off for a few. Budget is semi flexable between $35 - $65k depending on size and condition. Maybe more.... I don't want a ferro [maybe i'm ignorant?] I have no problem with metal hulls at this stage [i can do the engineering thing], I have no problem with electrical systems that need attention either. Things that worry me, are the cost of Insurance, replacing rigging and sails?? How often? etc? Things I don't understand is the comparative age, specification and asking price of a lot of yachts? To me, as newbie, there doesn't seem to be a pattern or consistency when comparing advertised specifications. Are listed prices often a lot lower than the sold price? Are brokers worth it? I have already seen a private yacht go up in value by 10k, going from private sale to a broker. I get they need to make a living. I would actually be grateful it you guys could give me suggestions of yachts you think I should research. Quote Link to post Share on other sites
darkside 61 Posted May 22, 2017 Share Posted May 22, 2017 The first yacht I skippered offshore is for sale in that price/size range. Most on here will say far too light for that blah blah blah. One of the best balanced boats I have sailed. I see a new engine which is nice. It's a sloop but I rigged an inner forestay for the storm jib which I assume is still there. http://www.trademe.co.nz/Browse/Listing.aspx?id=1286046123 Quote Link to post Share on other sites
Island Time 1,214 Posted May 22, 2017 Share Posted May 22, 2017 That looks like a bargain DS, if it's still like the pic... Quote Link to post Share on other sites
mcp 32 Posted May 23, 2017 Author Share Posted May 23, 2017 The first yacht I skippered offshore is for sale in that price/size range. Most on here will say far too light for that blah blah blah. One of the best balanced boats I have sailed. I see a new engine which is nice. It's a sloop but I rigged an inner forestay for the storm jib which I assume is still there. http://www.trademe.co.nz/Browse/Listing.aspx?id=1286046123 I have that one on my watchlist on trademe. If I were closer to purchasing it would definitely get a look now you guys have given it the thumbs up. Quote Link to post Share on other sites
harrytom 641 Posted May 24, 2017 Share Posted May 24, 2017 http://www.trademe.co.nz/Browse/Listing.aspx?id=1244364263 "impact" Well proven ,sydney/hobart Raced one ton cup revisited If I had the $$ would be sold. Quote Link to post Share on other sites
chariot 242 Posted May 24, 2017 Share Posted May 24, 2017 Impact is a lot of boat and pretty quick for the dollars. Would be good buying Quote Link to post Share on other sites
unpc 5 Posted May 24, 2017 Share Posted May 24, 2017 A new 32' would probably be about 500K inclusive of tax and fitted out for blue water. Small wonder that even forty years or so ago that was unaffordable for most. More common was an 18 ' trailer sailer which even so probably cost two years average wages. now you might buy a 32-38 in the given range of 40-70k. Nearly all boats require ongoing maintenance and periodic replacement of expensive items, sails rigging, motor, electronics etc. A pristine boat will be rare and at a premium. Typically some sweat equity will be required. The purchase price is one thing, but a substantial allowance for ongoing costs should be made. 1 Quote Link to post Share on other sites
smithy09 50 Posted May 24, 2017 Share Posted May 24, 2017 The first yacht I skippered offshore is for sale in that price/size range. Most on here will say far too light for that blah blah blah. One of the best balanced boats I have sailed. I see a new engine which is nice. It's a sloop but I rigged an inner forestay for the storm jib which I assume is still there. http://www.trademe.co.nz/Browse/Listing.aspx?id=1286046123 That is an amazing deal, especially with a brand new engine. Looks really well cared for as well. Quote Link to post Share on other sites
mcp 32 Posted May 30, 2017 Author Share Posted May 30, 2017 What are peoples thoughts on Cavalier 32's......Contessa 32's and similar? Quote Link to post Share on other sites
harrytom 641 Posted May 30, 2017 Share Posted May 30, 2017 a lot cav 32 are having osmosis problems,hence why some are $18k to $25k old tired yachts now 1 Quote Link to post Share on other sites
Myjane 40 Posted May 30, 2017 Share Posted May 30, 2017 Cmp why don't you forget about owning a boat at this time and get crewing on one and the answers will come in time , if you start adding up figures and sceneros at this time you will be in many minds of will I or won't I , go sailing and see if it's for you this is not a hobby it's a way of life no one person can teach you there will be many over time , if you worry about sails , masts , keels , good and bad boats fees costs you will end up in a caravan , remember it's like a nice woman , if she looks good she will sail good , and hopefully if you have one cooks a good pork roast on a 30 deg angle .... Quote Link to post Share on other sites
chariot 242 Posted June 1, 2017 Share Posted June 1, 2017 You have one that cooks pork roasts at 30 deg angle. I think i might have to do some retraining. Quote Link to post Share on other sites
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