super yachts 60million+

super yachts 60million+

Author
Discussion

Uncle John

2,824 posts

156 months

Thursday 25th March
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When I was at college I went out with a girl who’s dad had a 42 ft Princess with twin Penta V8’s.

Happy days, Chichester to the Isle of Wight in 10 mins or so. Lovely stuff. Should never have broken up with her......

Stunning Speculatore! Would be great to know what kind of overheads it costs to run one of these beasts but understand people being private about it.

I’d love a nice boat, but alas unless my numbers come up, t’is but a dream.

GloverMart

10,230 posts

180 months

Thursday 25th March
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I've just spent the last hour of my day trawling (no pun intended!) through this thread agog, I say, agog at the content.

I have little or no interest in super yachts although I did go down to Bristol's Harbourside a few years back when Mogambo parked/docked/berthed there and was amazed at its beauty. However I'd like to say thanks to all of you that know what you're talking about for bringing a little knowledge to a heathen like me that would otherwise be ignorant of it all.

Cheers guys! clap

TheJimi

19,674 posts

208 months

Thursday 25th March
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Speculatore said:
p1stonhead said:
Is this the first person on here who actually owns what someone might consider a ‘big’ yacht? Obviously not £60m but still amazing.
She isn't worth £60m but it is all relative....... I am not a billionaire. At over 24 meters she is officially a Superyacht. (And certainley a money pit). The good news is we have just had our first charter 'Staycation' booking for the summer.
Congrats on the "staycation" booking smile

Do you supply a skipper? Where will the boat likely be going?

Would be cool if you started a thread detailing the refit etc.

Edited by TheJimi on Thursday 25th March 11:41

Petrus1983

4,808 posts

127 months

Thursday 25th March
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Speculatore said:
Oh Yes...


Wow Speculatore - that’s seriously stunning!! cloud9

PushedDover

3,338 posts

18 months

Thursday 25th March
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Indeed - new thread please

TheJimi

19,674 posts

208 months

Thursday 25th March
quotequote all
This isn't gonna be a popular opinion, but as much as I love that boat - and I do - I also don't see the value in £40k for a week. Especially not in the UK.

£40k would need to be beer money for me in that instance.

NickCQ

4,183 posts

61 months

Thursday 25th March
quotequote all
TheJimi said:
This isn't gonna be a popular opinion, but as much as I love that boat - and I do - I also don't see the value in £40k for a week. Especially not in the UK. £40k would need to be beer money for me in that instance.
Yeah, but if you are an Instagram influencer (or a group of 12 of them), think of the ROI you'll get on bikini shots taken on that deck. Just make sure Fawley power station isn't in the background wink

Caddyshack

3,193 posts

171 months

Thursday 25th March
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Petrus1983 said:
Speculatore said:
Oh Yes...


Wow Speculatore - that’s seriously stunning!! cloud9
That is a cool boat.

ROUGHLY....how much does a boat cost like that new and second hand? and what would it cost to run one yearly?

Burwood

17,089 posts

211 months

Thursday 25th March
quotequote all
TheJimi said:
This isn't gonna be a popular opinion, but as much as I love that boat - and I do - I also don't see the value in £40k for a week. Especially not in the UK.

£40k would need to be beer money for me in that instance.
Boating isn't cheap. It's 7k in vat, crew costs, 3-4k, food and drinks 4k, fuel could be as much as 5k, cleaning before and after, laundering 4k, insurance.....

i doubt there is more than 12-14k net left after you add it all up.

TheJimi

19,674 posts

208 months

Thursday 25th March
quotequote all
Burwood said:
TheJimi said:
This isn't gonna be a popular opinion, but as much as I love that boat - and I do - I also don't see the value in £40k for a week. Especially not in the UK.

£40k would need to be beer money for me in that instance.
Boating isn't cheap. It's 7k in vat, crew costs, 3-4k, food and drinks 4k, fuel could be as much as 5k, cleaning before and after, laundering 4k, insurance.....

i doubt there is more than 12-14k net left after you add it all up.
Undoubtedly, I wasn't contesting those aspects. I thought my post was obvious in that I'm simply saying that I personally don't see the value in £40k per week, and definitely not in the UK.

Breaking down the costs doesn't change that.

Edited by TheJimi on Thursday 25th March 12:13

NickCQ

4,183 posts

61 months

Thursday 25th March
quotequote all
Burwood said:
Boating isn't cheap. It's 7k in vat, crew costs, 3-4k, food and drinks 4k, fuel could be as much as 5k, cleaning before and after, laundering 4k, insurance.....
i doubt there is more than 12-14k net left after you add it all up.
Plus cost of capital for the thick end of a million quid, depreciation, maintenance and so on. Hence the question above about whether it's a viable business proposition or a smart way to reduce the cost of one's own hobby. It used to be de rigeur to own a boat like that through a Guernsey charter company for the VAT savings alone, but I think all that is much harder these days.

OtherBusiness

729 posts

107 months

Thursday 25th March
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Indeed, buying the boat is one thing, running it is another whole load of cash!

BOAT - Bring On Another Thousand
Standing in the shower tearing up £50 notes etc etc

but we love it!

thegreenhell

8,481 posts

184 months

Thursday 25th March
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It's the rule of the three F's...

If it flies, floats or f***s then it's cheaper in the long run to rent it than to own it.

Burwood

17,089 posts

211 months

Thursday 25th March
quotequote all
OtherBusiness said:
Indeed, buying the boat is one thing, running it is another whole load of cash!

BOAT - Bring On Another Thousand
Standing in the shower tearing up £50 notes etc etc

but we love it!
My 30ft Sportfisher had twin petrol outboards (verado) and used 180L/hr when shifting. Every 100 hours it needed a service which was $3k. Storage in a dry stack was 1.5k per month, insurance, cleaning every month. Ruinous biggrin


PushedDover

3,338 posts

18 months

Thursday 25th March
quotequote all
thegreenhell said:
It's the rule of the three F's...

If it flies, floats or f***s then it's cheaper in the long run to rent it than to own it.
must remember that one........

OtherBusiness

729 posts

107 months

Thursday 25th March
quotequote all
Burwood said:
My 30ft Sportfisher had twin petrol outboards (verado) and used 180L/hr when shifting. Every 100 hours it needed a service which was $3k. Storage in a dry stack was 1.5k per month, insurance, cleaning every month. Ruinous biggrin
Good times, good times smile

Junior Bianno

1,357 posts

158 months

Thursday 25th March
quotequote all
thegreenhell said:
It's the rule of the three F's...

If it flies, floats or f***s then it's cheaper in the long run to rent it than to own it.
redcard

How...many...times!

Petrus1983

4,808 posts

127 months

Thursday 25th March
quotequote all
TheJimi said:
This isn't gonna be a popular opinion, but as much as I love that boat - and I do - I also don't see the value in £40k for a week. Especially not in the UK.

£40k would need to be beer money for me in that instance.
General rule of thumb is that any boat costs roughly 10% of its value per annum to maintain - if you had two week stay-cation on the Sunseeker I’d imagine you’d still be saving money, hassle free.

TheJimi

19,674 posts

208 months

Thursday 25th March
quotequote all
Jaysus H Christ.

How much clearer can I make this? I'm simply saying that I don't see the value in it at £40k per week, and not in the UK.

That's it, nothing else. Just a personal opinion of value.

I don't need cost-equating rules of thumbs spelled out to me, or tired cliches about it being better to rent if it flies, fks or floats.


Petrus1983

4,808 posts

127 months

Thursday 25th March
quotequote all
TheJimi said:
Jaysus H Christ.

How much clearer can I make this? I'm simply saying that I don't see the value in it at £40k per week, and not in the UK.

That's it, nothing else. Just a personal opinion of value.

I don't need cost-equating rules of thumbs spelled out to me, or tired cliches about it being better to rent if it flies, fks or floats.
Gosports lovely - it’s like the Med on acid laugh