Buying a used sailboat, used sailboats flooding the market
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- čas přidán 25. 08. 2024
- Buying a used sailboat, used sailboats flooding the market
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"You are not going to cruise the Antarctic. You are not Shackleton....Get out there now." Great words. The most unfortunate thing I've heard all day was our host saying a $100K monohull was way out of his range. Some people deserve the dream more than others. Hope he gets there soon.
Awe, thank you Patrick
A Frenchman Crossed the Atlantic in an orange barrel, I guess it was a bluewater barrel
Yes, but that is the more expensive orange barrel.
More likely a Cognac barrel.
😂
This really happened?
@@Grounded441 Jean-Jacques Savin - Look him up
"Focus on reality." Dude, have you met any arm-chair sailors? Reality is totally *NOT* our thing.
Hahahha
Starting small is exactly what I plan on doing. I've been looking for a smaller boat I can learn sailing on local lakes with. I want to live the winter months sailing the Bahamas and Caribbean. I'm learning about the budget, maintenance, equipment, and challenges of sailing. I think it will be in my budget, now I just need to figure out if it's realistic for me to sail from my home of Duluth, MN to Caribbean sea for half of the year.
MeThinks,
-> Un_Needa " Trailer Sailer "
Unless your boat has a solar panel array & electric aux. Propulsion .
Thus Easily lower your vessel's mast(s) to pass under low bridges in canals...
Alternative, Perhaps Hire a friendly
Donkey 🫏 to tow your craft ?
I'm listening to this while sitting (I live aboard) on my Westerly Storm 33 which I picked up in September 2020 for the equivalent $23K. I've spent about $6k since and it is a very capable boat. If you've not owned a boat before you would be crazy to be spending a lot on your first boat.
You also need to consider where you will be sailing and how many people you'll have with you (most common is likely to be 2 adults).
Boats always need work and you need to get a proper survey before you buy. HOWEVER, most surveyors will exclude the very things that need looking at properly - the rig, engine and electronics. If you're serious about a boat and going sailing then you should already know something about boats and their equipment. Insist in looking at sails, ask about the rigging, get details of receipts for major and minor works etc.
Toys are the first things sold when markets crash
I was considering buying a small yacht as a retiree. I have in the prime of my life been cruising in the Pacific. I now live in FL. I couldn't find a slip in my area and canned the idea. I am now the proud owner of a tandem kayak and enjoy possible more being on the water than having to take care of a Catalina 25.
I agree, slips are impossible to get right now, how do you like the hobie ? I was thinking about getting the tandem island to go to the usvi on
@@ChasingLatitudes Yesterday we were visiting Ozello that's near Homosassa in the middle of the swamps. There I saw one, it was laid out for serious fishing and went very fast by means of paddling with your feet. A rig like that, seems to me very pricey. We have become member of a yacht club and they have a kayak group which organizes trips in our area. That's much fun with mostly people of our age.
@@hesseldijkstra5327 yeah the cost on that hobie island tandem is like 8 grand, blows my mind, might as well buy an actual boat for the cost of that
In most of Florida right now, the slip rental each month is going to cost you more than the payment on your yacht. It is insane.
Great video, looking to get into a coastal/Caribbean sailor. Deck suited for some entertaining, minimalist. Thanks for the suggestions.
Problem isn’t getting the boat, it’s paying slip fees at the marina.
Agree
Exactly. Waiting lists. Really high fees per foot. I'm not surprised. A year ago there was no inventory. What changed.....oh yeah inflation. When time get tough, the boat is the first thing to go.
The most expensive investment is a cheap boat?
“You’re not Shackleton.” That’s great.
🤣🤣 I'm out of control some times
Jesus, saw the preview on Discord but was not ready for this! Chris keep doing what your doing!
Love seeing the Market get a little balance
4:00 YES! Just because a boat cost four times as much, doesn't mean it is worth four times as much. Most likely, it's not even worth double.
I finally get what you are doing here. You are serving the non-sailor LARPer with realistic advice. I'd go one more level. If you aren't a sailor yet, do yourself a favor and buy a dingy and do some lake and bay sailing this season. See if you really like it. While a larger boat is of course a different experience, both are 'sailing'. I fell in love with it the first time I held the tiller and felt a stiff breeze lift the boat a bit and accelerate. The great thing about small boats is that you feel so much. When you move up to a bigger boat you will have a much better understanding of sail trim and boat handling and be much less nervous. Cuz while the boat is bigger, it's still just a sailboat. Get a Flying Scot or something like that. Find out if you really are a sailor. My two cents.
Agree. The family fell for a 54 foot catamaran at the Annapolis Show and was ready to jump. So the next month I brought home a used 16' HobieCat and told the kids (11 and 13) to re-rig it. They did, and we sail every chance we get. I'm eyeing an upgrade from the Hobie. Not the 50+ footer. At least, not yet.
@@rhettrussenberger3502 How long have you been sailing for? And what is ego driven about telling new sailors to find out if they actually like sailing before spending a fortune in a big boat? Or that learning to sail in a dingy will give you better “feel”? What triggered you here? Cuz it’s your response that is weird.
Super weird response
@@ChasingLatitudes whatever you are just playing games trying to get links.
@@glenn2745 I'm playing games trying to get links ? Now you've officially lost your mind, I'm assumig that comment must be intended for someone else
Sail boats might be the way to go..might be the best off grid survival home..if it's set up right..
In theory. But sailboats are material intensive. You need access to specialized parts for the full life of the vessel. Good luck finding a big selection of marine-grade fasteners, or replacement parts for a stuffing box, or high-grade line for running rigging, or even anti-fouling paint after the SHTF. But could be ok for a fe years.
A year later. Nothing wrong with blue water boats. You cn pick up a nice Cape Dory 33 for 30K or even less. Plus there are lots of older pocket cruisers in the 26--30 foot range that have been well maintained for 20k or less. Look around. You might be surprised.
Luckily for me the boats I'm interested in are generally all cheap because they're all small. I don't even look at boats over 30' since I'll be alone and the smaller the boat the cheaper everything from rigging to dock fees are. I feel bad for people wanting to sail with families. My biggest requirement is head room, I have to be able to stand up inside and that limits the amount of 25'ish boats that are suitable for me. If I had to buy a boat tomorrow I'd get a Westerly Centaur. Don't laugh, I'm serious. 😂 I have lots of time though, I'm sure I'll change by mind in the next few years a dozen times. I like the headroom, their reputation for toughness and handling, the bilge keels and most of all that they usually go for very reasonable prices while still being in decent condition.
I hear ya. I did a lot of sailing on an Aloha 28 in the Great lakes. I'm on a 38 now. The issue I have wanting a bigger boat isn't room, it is speed. LWL is one of the most important numbers for me as destinations are days apart for me now that I'm full time sailing. It depends how far your typical passages are.
@PennWolf's Sailing Adventures not sure, but do you mean S2? I haven't seen SC2
I've got full headroom in all cabins on my Westerly Storm. There are quite a lot of Westerly's for sale around here (Ipswich, UK) (but no mine :) )
Thanks for the info.
I was joking around with a friend about wanting to get a wooden yatch because if it breaks apart, I can float on the debris. Lol When one has caviar taste and Taco Bell budget they must save and spend smartly. ⚓
Welcome to my world 🌎
@@ChasingLatitudes Thank you for the great content. I have been tempted to just sail off in a Pacific sea craft Dana 24. I would like a 40' footish mid cabin cruiser to go up to Alaska from Southern California. I am excited about this boat sell off, , because it will drive everything down. I want the smallest hardest boat I can afford. Generally one gets what they pay for. If it was a good new boat it should be a good used boat If properly maintained.
@@123edwardzpad we all hope my man, I'd like them to drop as well so I can maybe take my measly budget and get something decent , we shall see. Based on where I live a hurricane will also drop prices , although I don't wish hurricanes on anyone facts are facts and they will drop the price. Dana 24 is a nice vessel
right on, i have a 336
hunter down in the Dom. Rep.
Hi, I enjoyed your post, BUT, and there is a but. Buying an inexpensive sailboat is the easy part. The real shocking eye opener will be the cost of insurance IF and there is an if they can even get it. The insurance market is tough especially if you want to cruise .
Would you please do a Vlog on insurance. I have mine but $3500.00 per year is about the going rate. Just a thought
I live aboard a wooden 1925 44 foot hoffar. No insurance at all. Can't find anyone to insure it. Luckily I'm careful docking it. 12 years like this now
People have sailed the world in 20ft boats, almost any boat can do it if YOU have the skills.
Part of the reason for regional price fluctuations is of course seasonality.
Just as the northern climes are starting to open, the Carib is getting ready for hurricane season.
I think besides the obvious concerns about fuel costs, recognition is growing that all parts and delivery costs related to these inputs are making maintenance even more expensive.
Finally, word seems to have gotten out just how limited and expensive marina, storage or anchoring has become.
All these price escalations have people thinking that now is the time to get out of the game.
seasonality of course, but we should be heading into the highest arch of the price index for seasonality. One can't negate the power of the economy, especially inflation to force a substitution to inferior goods: Steak to hamburger, yachts to tents for recreation, perhaps cheaper fresh water, smaller craft with a hold on salt water or whatever the substitution for the inferior is.
This creates a surplus, surplus drops prices. Micro and/or Macroeconomics 101.
Everyone says seasonal but that was not the case 24 months ago, we are going into season, proces should be rising , not falling
@@ChasingLatitudes so what is driving the market drops do you think?
@@pdevalier the first question is whether real prices are dropping
That is, is 75 to 50 a drop if the avg price was 50 two years ago. Or, has it really gone to 40?
Secondly, substitution is a real thing. If you think you can afford 500/mo, but find out marinas are not only more expensive, but can choose their customers, is this something you want to deal with?
For example, the excess demand for campgrounds is driving RV parks to restrict on age.
Imagine having a really nice 6 yo airstream (not even close to vintage), but it won't be allowed into a park with a 5 year max age rule.
Deal with this and assoc BS and you see people deciding to get out of the market. Maybe it's a trailerable 22', maybe it's a tent.
I live in south florida and buying the boat is not the problem it's where are you going to put it? I would love a Jeanneau 349 or better yet a Beneteau Oceanis 30.1 But marina fees make them unaffordable. I have a 21' Com pac instead since Its trailerable and I can get the mast up by myself in 30min. I can keep it at the house or on the hard at the marina.
@ABC gang the best you get here is transferable slip. But it's still 800 per month min for 30 ft. In a half way decent marina You can get a ball for 500 per month but it has no protection from the wind at all.
So much great information but I'd like to see something on boats 45ftish......which will be good size for my family. Trust me though, I will apply all your information when purchasing finally.
No worries, ill do a vid for some in that range
I respect the video, but I'm getting a big bluewater boat, not because I think it's what i'll need or because it'll be more comfortable,
but because I want a cool looking boat if i'm gonna live on it
also, I wanna hit all 7 continents
Not much to say here Chris. Just commenting for the algos. Keep em coming buddy.
Always appreciated
How about a 2008 BENE 37 oceanis...?
Scary imo great time to get ready to buy a boat but maybe wait a few months ?
Should be good maybe by this winter
No doubt the market is full of sailboats
Become a producer? That's pretty intriguing
Most people need to ask are they capable of crossing oceans, a lot of boats can / some people can't , hee hee ha ha 😜.
good is all I have, not sure why they were so expensive as none of them are wood so can't rot
Love the videos even though I have no real plans on buying a boat. I just use my kayak, maybe one day get a hobie cat.
Have you seen the hobie tandom island ? Its kind of a sailing, kayak, trimaran
@@ChasingLatitudes That's pretty cool. It probably makes more since because I live in a townhouse in Miami with limited storage space.
I wonder if the Motor Yacht market has the same situation with a changing market swinging more to the buyer than before ?
Not sure, would be interesting to know, those motor sailors are very nice , well some of them
And RV’s.
Wait, no one told them there were no reservations available unless you pounce on parks and campgrounds a year before your planned date?
Aww, sorry about that.
What is causing the large supply of boats hitting the market?
Hard to explain briefly but basically several people bought super high at the start of the Rona, now they have realized the actual cost and with finances being rough based on the economy several are now flooding back to the market, some held think prices would go up but as they continue to drop people want to get out
Boat= bust out another thousand. I can hardly walk out west marine having spent at least a grand. A hole in the water that we pour buckets of money into. Even though I'm a broke as I can't stop spending on boats. Honestly most people buy them as status symbols living the yachty life. While hardly even seeing the boat. That's how people like me can get really nice boats cheap.
@@cheifreal I think it's not as daunting as some folks make it out. Sure, it CO$Ts to own a boat. No question. However, when you tally all the hours and days of entertainment with you partner, friends, family, instead of road or plane trips, expensive dinners/shows and whatever, it may feel a bit more of a worthy value. The big thing is being able to do most of the maintenance and repairs yourself. If you're like me, little wrenching skill and even less interest? Then yeah, it can be really get "interesting".
Lot of people are ditching monohulls for cats and trimarans. Faster, roomier shallow water capable
That's just simply not true, no one buys trimarans and cats make up less than 25% of the sailing market
Note sure which Hanse is at 5:40 but there is a Hanse 458 on the other side of the pontoon from me and it looks ok but it ain't $50k!
? The hanse 458 run around 250k
But what if I was a pirate?
What type of boat is at the 3:56 mark? I'm sure he has said in one of his videos but i haven't seen it yet
Maybe there are some deals to be had in the BVI?
@Echo Thank you. I was referencing the BVI due to the recent seizure of charter boats and that maybe there might be an auction of those
it is possible to live only on anchor ?
Can we include the 40 footers please. Hope you make enough money to buy your dream boat.
I'll do one on larger vessels next
@@ChasingLatitudes Please. And mid-range cats in the 35-45 foot range. Thanks for all you do.
I want to buy as closer to 40 as I can get as newer I can get for 50k
. Am I dreaming.
Nah, you will be alright, will be a 2000 ish, won't be able to get newer with the budget but that's okay
you love Jeanneau's and Hunters... Seems like your videos seem to showcase these two brands alot lately....
Beneteau is my favorite, my all time favorite vessel is the oceanis 35, but thats only for me any my needs, everyone should get what works for them just use the principles I lay out and you will get the right vessel for you
How are these deals?
I am looking for a full time live aboard 6:26
Do you track and evaluate cruising catamarans?
I track the whole sailing market daily, i just don't talk much about catamarans as I generally find their audience to be a bit smaller, are you looking for a cat ?
@@ChasingLatitudes I sold my Catfisher 32 a few years ago and I am looking for a replacement.
@@goldenacres3269 budget?
@@ChasingLatitudes 140K, but I have a buyer's broker already. I bet you never saw a Catfisher 32.
@@goldenacres3269 why a catamaran? 140k would get you a very very nice mono however in the world of cats it won't get ya much ?
What about a SV from Europe do you have a video for that? Thoughts on a small family 4 on a 35 or 40ft SV?
40 footer for a family of that size if not larger, need one with the loa very close the the lwl and a good beam. Buying in Europe is fine if you plan to sail there forst however if you are going to sail in the states you will wind up losing any savings you may have gotten when transporting it back to the states 😀
It's important to consider the tax implications of the purchase. When you register a boat, if the tax and vat is not already paid you may get a massive bill. USA boats sometimes seem cheap until you try to register them in Europe.
"Hate the land love the sea"
No catamarans?
todays vid is catamarans
Two adults and a male and female teenager. Is a 35’ vessel going to be big enough? I feel like maybe not?
Depends on the vessel, thats a bit small 🤔 could probably swing a 40 footer , it all depends on the manufacturer, not all 35 footers are equal, the key is getting the loa vs lwl as close as possible and getting the one with the largest beam, that will give you a chance 😉
Chartered a Beneteau First 35s5 in 1990 which had 3 double cabins. There were 3 couples aboard for 10 days - no problems at all. Most boats upwards of 35ft have 3 doubles as an option. However, be aware that many also resemble floating caravans rather than yachts.
How far are you sailing and can the teens sail - and at what point are they going to bring "friends"?
Plenty of dreams go south if the kids don't like getting wet - or cold.
Make sure everyone has proper wet weather gear makes the experience so much better.
@@grahamjacob97 thanks they are 7 and 10. I’m the only one with experience and that’s with much smaller boats. They have sailed a hand fool of times and spent the night on the SF Bay Area club boats.
Plan on getting up to speed in the Caribbean. I’m not assuming all will enjoy or want to live aboard. I want to check as many boxes to make it enjoyable and discover what we actually want and enjoy.
Thanks so much for your input.
Saving around 400 bucks a month will get you around 30k in 5 years; fyi
People really get into the "what if" mode and it is hard to get back to reality. Basic training, a guy asks what if we have a fire during a fire drill. The drill instructor liked to have lost his mind. Nobody asked stupid questions again.
Hahahah, oh I love it 😀
What do you make of the CZcamsrs The Kellys selling their Catamaran for 495000 that they bought 5 years ago for 260000?
Seems delusional , I'm not familiar with them or what they have done to it, some people become huge fan boys and pay far to much for some youtube vessel but I don't know even what vessel they have
@@ChasingLatitudes one of their patreon supporters is paying the price
Can you please help me get a boat ❤
God help me , I know better, but wood boats , call to me
There is no saving money buying a boat, its a hole in the water you throw money in. I've owned over 10 boats, it's a sickness.
Every serie sailboat under 38 feet are cheap there is to much used model under that length! People want 40 feet and over!
i have a unicorn boat - large enough for a small family for comfy daycruising but completely trailerable saving on fees and weather exposure. i love my boat. am entertaining the idea of selling it because i see black clouds on the financial horizon and want to recover my investment before it all goes to hell in a bidenbasket.
wondering how many others are seeing the same thing spawning a plethora of upper middle class listings. bet im not alone.
Bidenbasket!
I asked this one broker for pictures of his bottom and haven't heard back.
comment r us
😁😍
Not at all interested in Hunters.
I don't blame ya
when the dollar dies, people will be selling these things just for food and other necessities
Cannibalizing the neighbors to keep My Hunter. Any recipes?
I used to be a yacht broker like a million years ago. The owner of the builder I worked for who was a great sailor, had set a record on a trimaran Atlantic crossing at one point. He referred to Hunter yachts as "plastic popout pieces of shit" he'd never go out of the bay in.
So.. what is wrong with Hunter, can you explain to me please. Thank you in advance 👍
Nothing, just some people like to talk down on them because they are affordable
@@ChasingLatitudes Uhh for a while the layup was done with chopper guns, lol.
There are two late 90s models that had some issues 😳 other than those two no issues and now they are owned my Marlow so completely different company
@@ChasingLatitudes Thank you, I just to own two Hunters, 286 and 380, no problem at all. Very good for single sailing, 380 perfect for family.
Put him. and his wife in a private jet stuffed with Yankee dollars. God knows he has earned every penny for Uncle Sam. Fly to.the USA and retire into obscurity. Lord. Knows he has earned it.