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cape dory sailboats
cape dory sailboats
Is it a "buyers" or "Sellers" market for yachts?


For Boats over 40' is it getting harder to sell a boat?

Both and Neither, Depending on which side of the market you are speaking of. The yacht market has many sides. The 40 to 70 foot market has remained steady increasing only about 6 to 8% over 2006. The over 70 foot market in 2007 finished 20% over 2006 numbers. The smaller boat market 20 to 40 foot and under 100K USD has taken only a small dip in sales (About 12 to 15%). Oddly enougn the 20 to 30 foot under 20K has spiked in the last 7 months. I haven't been able to keep enough inventory in this market to cover the need. We had 14 buyers vying for the same $10,000 19 foot sailboat. We listed a 28 Cape Dory on January 5 and had an offer in hand January 12 and it closed the 1st of February. The boat market is NOT affected by the Housing market. After all a 20 year old boat is not going to depreciate any more. It doesn't continue to go down in value until nothing is left. A good example is a 1973-1979 Bertram 46. Even in 1983 you could buy one for 150K. That same boat today is, You Guessed it, about 150K. Ten years ago you could buy a 1966 41 Hatteras in great condition for about 55K. Today 55K would still buy you a mid 60's 41 Hatteras. There is no correlation between the two markets. As for a "buyers" or a "sellers" market. I could make the argument for both. It is a "buyers" market because there is alot of inventory on the market as people get financially scared and want that luxury item off of their hands. There is also a lot of cheap money available if you wish to finance a boat. It is also a "seller's" market with all the cheap money available, the amazing amount of overseas buyers, and depending on the kind of boat you have to sell. Bayliner express cruisers, very popular in Sweden, in the 24K range won't last long. Any inexpensive sailboat 19 to 35 feet long and under 20K won't last long either. Decent center consoles under 15K won't last long when advertised properly. I have been a professional Licensed Yacht Broker for many years now and I have been through similar market swings but I have noticed that folks still want to have fun and will spend money in order to have that fun. Another thing to consider in the seller's market side is that right now the Pound is very strong against the dollar. A 20K USD boat only costs someone from England about 9500 Pounds. The Shipping is only about $6,600 USD or 3,150 Pounds (As I remember the last boat we shipped). It makes financial sense for someone from England, Scotland, Norway, or Sweden to buy an American vessel. He can then keep the boat for a few years and sell it for what he put into it, (Maybe a little more) I know this was a long answer but I wanted to completely explain the "Real Situation" from someone who is a professional in the field. I know this answers your question.



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Twenty Affordable Sailboats To Take You Anywhere Twenty Affordable Sailboats To Take You Anywhere

List Price: $19.95

 

Description

n Twenty Affordable Sailboats to Take You Anywhere you will find in-depth reviews of twenty affordable,comfortable, and seaworthy sailboats.These boats range in size from 30-38 feet,an ideal size for the cruising couple,yet big enough to accommodate an occasional cruising hitchhiker or two...

Used Boat Notebook: From the Pages of Sailing Magazine, Reviews of 40 Used Boats Plus a Detailed Look at Ten Great Used Boats to Sail Around the World Used Boat Notebook: From the Pages of Sailing Magazine, Reviews of 40 Used Boats Plus a Detailed Look at Ten Great Used Boats to Sail Around the World

List Price: $29.95

 

Description

With the used boat market growing and becoming more complex, here is the book that used boat buyers have been waiting for. John Kretschmer's Used Boat Notebook has long been one of the most popular features in Sailing Magazine...

Your First Sailboat : How to Find and Sail the Right Boat for You Your First Sailboat : How to Find and Sail the Right Boat for You

List Price: $16.95

 

Description

The Comprehensive Sailing Start-Up Resource Can a keelboat tip over? Can I take a centerboard boat onto open water? How can I determine what boat I want? Once I do, what’s a fair price to pay for it? Should I buy it new or used? How can I tell the difference between a used boat and one that’s used up? Now that I have it, how can I start sailing quickly and safely? Your First Sailboat is the first book to answer all your questions about selecting, buying, maintaining, and using your first boat...

Cape Dory Typhoon Original Equipment Style Mainsail Cape Dory Typhoon Original Equipment Style Mainsail

 

Description

OEM (original equipment) Style Replacement Mainsail

This mainsail is a replacement for the original factory mainsail, built to typical production boat OEM (original equipment manufactured) construction standards and is intended to be a cost effective alternative to expensive custom sails...

Cape Dory Typhoon Weekender Full Batten OEM Style Mainsail Cape Dory Typhoon Weekender Full Batten OEM Style Mainsail

 

Description

OEM (original equipment) Style Replacement Mainsail with Full Battens
This mainsail is an upgrade over the original factory mainsail. It has 4 full length battens which have multiple benefits. Our full batten mainsails have 4% more square footage than the standard batten version giving it noticibly more power in light wind...

Cape Dory 25 OEM Style Jib With Hanks Cape Dory 25 OEM Style Jib With Hanks

 

Description

More info

This Jib/Genoa is built to typical production boats OEM (original equipment manufactured) construction standards and is intended to be a cost effective alternative to expensive custom sails...

Dory on Ramp printed on sailcloth for home décor wall art print. Dory on Ramp printed on sailcloth for home décor wall art print.

 

Description

Sailcloth art is vibrantly printed on genuine 4.18 oz sailcloth. Using a dye-sublimation printing process the image is impregnated in the fibers of the material for a quality permanent print. Sailcloth is waterproof and mildew resistant making it suitable for indoor and outdoor applications...

Cape Dory Typhoon Weekender OEM Style Class Jib Cape Dory Typhoon Weekender OEM Style Class Jib

 

Description

More info

This Jib/Genoa is built to typical production boats OEM (original equipment manufactured) construction standards and is intended to be a cost effective alternative to expensive custom sails...

Cape Dory- 25 ft Sailboat

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