Prestige Car Vs Yacht?
Author
Discussion

whythem

Original Poster:

773 posts

208 months

Wednesday 7th April 2010
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Been walking around the docks today, and I noticed the huge amount of £150k + yachts moored up. Seeing that many expensive yachts in one place got me thinking, whats the ratio of supercars in this country to the number of yachts.

Surely the majority of people would buy a F430 or the like before blowing that kind of money on a bathtub. Which means there must be a huge number of supercars laid up in garages never getting used.

Primo

1,939 posts

253 months

Wednesday 7th April 2010
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£150k for a yacht? How very tacky wink

Yachts are significantly more expensive to maintain than a supercar. I'd say there would be less than 5% decent yachts to ferrari ratio in the UK. Would be a lot higher abroad though...

Plotloss

67,280 posts

301 months

Wednesday 7th April 2010
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A friend of mine said not so long ago, I only bought the plane to hide the running costs of the boat from the wife.

Cars are mere trinkets in comparison to boats.

They are holes in the ocean into which you pour money.

Even Veyrons or old Ferraris don't begin to touch the sides.

loose cannon

6,059 posts

272 months

Wednesday 7th April 2010
quotequote all
yachts hmm very very expensive the buying is the cheap part.

what is the ratio for supercars that actually get used ? 20% if your lucky most are garage queens cry

k-ink

9,070 posts

210 months

Wednesday 7th April 2010
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After spending the day on a plastic £300k boat I have to say they are junk. You need a million for one really.

marlinmunro

3,071 posts

236 months

Wednesday 7th April 2010
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Done the Yacht thing, in fact lived on one for three years in the Caribbean which was absolutely fantastic. Because we were living aboard and not spending anything else on rubbish like council tax and robbing land taxes, it was not that expensive. However the old adage applies the happiest day of my life was when I bought our Yacht, the next happiest was when we sold it biggrin

belleair302

7,015 posts

238 months

Wednesday 7th April 2010
quotequote all
cars sell quicker than yachts / boats, but also depreciate faster. Fewer people buy boats because they are more technical and unless you live by the sea are not so often used when compared to a car in the garage.

I would compare boats / yachts to planes.....how many people will spend money learning to fly then buying a single engine plane compared to buying a decent boat.

A new yacht will cost way more than a car...£150 k that's not a yacht!!

hughjayteens

2,029 posts

299 months

Wednesday 7th April 2010
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When at my old company we did a large AV installation on a 60m yacht and the captain reckoned you needed to budget 10% of the new price of a superyacht to keep it on the water for a year (with fuel and crew etc). At roughly $1M per metre, that is a LOT of money!

Ozzie Osmond

21,189 posts

277 months

Wednesday 7th April 2010
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Excellent rule of thumb to cover this one,

"If it floats, flies or f***s, rent it don't buy it."

AMST09

570 posts

211 months

Wednesday 7th April 2010
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Worked in a Frasier yachets....and wow, now they had proper yachts
60-70m yachts
Well into the millions of pounds
What a veyron is to the car world your looking at spending £10million in the yacht world
How it was described to me by them anyway

spud989

3,012 posts

211 months

Wednesday 7th April 2010
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You've got to have a staggering amount of money to be able to afford a yacht - I read somewhere that some of the bigger ones can cost tens of thousands of dollars in fuel a day. Unreal!

mackie1

8,169 posts

264 months

Thursday 8th April 2010
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£150k? £300k? £1m? £10m? PAH!

This is what you want:


911stu

678 posts

244 months

Thursday 8th April 2010
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mackie1 said:
£150k? £300k? £1m? £10m? PAH!

This is what you want:

Dont know whats best, the yacht or the wicked garage its in!

tangent police

3,097 posts

207 months

Thursday 8th April 2010
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It depends what you mean by yacht.

You can run a boat you could live on and sail around the world with if you're prepared to put in a lot of work yourself. When you aren't prepared to put in the work, then it gets stupidly stupidly expensive.

When you start talking over 60ft or so, that's when you're talking big potatoes IMO.

I have a cousin who runs a 55ft (w/o bowsprit) yawl and he does that without throwing excess cash at it. That'll sleep 8 ok.

Or are we talking ships?

Now, helicopters, talk about owning one of those and paying a man to deal with it.

alock

4,575 posts

242 months

Thursday 8th April 2010
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The definition of a yacht is when it uses more than 10 gallons per mile. Anything less than that is a boat.

bazking69

8,620 posts

221 months

Thursday 8th April 2010
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£150k doesn't even begin to cover a 'decent' yacht. Not when you move in 'yacht' circles.

XJSJohn

16,152 posts

250 months

Thursday 8th April 2010
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Question - how do you fix a hole in your boat
Answer - same way you fix anything else on it, keep stuffing $50 notes in the hole until the water stops coming in!

$150k does not get you much by way of a newish yacht / boat. Maybe less than 5 years old and 30 - 35 foot. This is more like a floating caravan.

Move up to an entery level sports car comparison and you need to be spending $350k ++

for supercar comparisons we are talking millions (and lots of them!!!)