Running a boat is cheap.

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Discussion

Simond S

4,518 posts

277 months

Thursday 16th November 2017
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The Moose said:
One big glaring thing missing from all these is the depreciation...
My last two boats have been sold for the same price as I bought them for (or slightly more)

Current boat is sat at its value at the moment, not sure when or if it will dip buy the main depreciation was before i owned her. Factor is 10% dealer fees and a decent broker should sell a boat for what you pay as long as it is kept and you bough sensibly.

NickCQ

5,392 posts

96 months

Thursday 16th November 2017
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Hard-Drive said:
Sabre 27 pictured below, my 1970's family cruiser that is perfectly capable of cross channel trips, coastal cruising, the odd club race, the annual Round The Island Race pilgrimage, and easy to single hand
These were always a very pretty design, I though. Looks like you’ve spent some money on sails recently though, in that pic? Or do my eyes deceive me?

Hard-Drive

4,079 posts

229 months

Friday 17th November 2017
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NickCQ said:
Hard-Drive said:
Sabre 27 pictured below, my 1970's family cruiser that is perfectly capable of cross channel trips, coastal cruising, the odd club race, the annual Round The Island Race pilgrimage, and easy to single hand
These were always a very pretty design, I though. Looks like you’ve spent some money on sails recently though, in that pic? Or do my eyes deceive me?
Good spot. I've actually spent quite a bit of money on bringing her from "corner of a boatyard" boat up to her current spec. That said, the amount I actually needed to spend was very little, and I used the old sails for many years without issue. She is now fully sorted, and as the thread is about running costs rather than restoration costs, that's what I've put down.

And all being well she'll be up for sale early next year circa £8k...she's been a fabulous boat and I'll be very sorry to see her go, but I'm just after something bigger for the family.

maser_spyder

6,356 posts

182 months

Sunday 19th November 2017
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Mooring (on the hard in south of France) 2200 Euro per year.

Spent c. £800 on maintenance last year, engine coupling, replaced stern drive seal, etc. Did it myself so no labour costs.

Previous year did very little, but year before that spent c. £2500 on a new plotter and general chandlery.

Next year will probably be new sails at c. £1500-ish.

That's about £5k in 5 years and £2k a year storage, a nice and neat £250 per month.

IforB

9,840 posts

229 months

Monday 20th November 2017
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The Moose said:
One big glaring thing missing from all these is the depreciation...
I have never sold a boat for less than I paid for it and usually for more, as I like to look after them and so spend a fair bit on making them as good as they can be.