New Yachts For Sale

Boat Values – What You Need To Know Before Buying

I want to give you a good idea of why used boats cost as much as they do so let’s start from the top.

On other pages on my website, you will read about the absence of a Yacht Blue Book. Yes, that’s right, there is no such thing. There is one for automobiles but not for boats. If you call any used car dealer or bank in North America and name any production automobile, they will quote a value of within a few dollars of each other. This is due to the multi-billion dollar, organized wholesale car auction system.

With over 2,200 boat manufacturers (USCG Listings) in North America there is no such wholesale market for boats and the older a boat gets the bigger the price discrepancies. And keep in mind that boats and yachts are not built on an assembly line. I’ve been through my share of boat building plants including Hatteras, Bertram and Carver. Boats are built like houses, one step at a time. Very labor intensive, boats are built, cars are assembled. So you can easily see why new boats cost thousands, perhaps millions of dollars to produce. Powerboats cost more to produce than sailboats as they are more complex.

Generally speaking boats do not appreciate in value. But they do reach a point in their life where they do not loose any more value. Much like antique automobiles, the rarer a boat is, the more it will be in demand. A 40 year old Huckins will often bring more money today than when it was first commissioned. But boats generally depreciate about 10% a year.

So you are looking at that 1984 40 foot Albin trawler, with a single Lehman and 2 staterooms. What is it worth? What is a fair price? Simply speaking, that Albin is only worth what you are willing to give and the seller is willing to take. So where do you start?
Here is wha
1000
t you need to know when considering prices of boats. The owner has established his asking price with consultation with his listing Broker based upon several factors. I do the same with my sellers.

In what condition is the boat? Good boats always command higher prices, always! A newer boat in poor condition will bring less than an older boat in good condition always!. By condition I am speaking of both cosmetics (cleanliness, gelcoat, paint, woodwork, canvas) and structural issues involving fuel tanks, rudder posts, blisters etc. The more upgrades and maintenance that has been completed, the more you should expect to pay as the owner knows this. He also knows that you will have already looked at the worn out boats and have rejected them too.

How old is the boat? See above. This factored in but is not the deciding factor.

How motivated is the seller? Some owners want to move their boat as quickly as possible and any thing close to an asking price might be acceptable. This doesn’t happen often but it does occur.

How many of these 40′ Albins are there on the market? Remember, the more demand for the boat, the higher the price will usually be. And I find that most people will not travel far to buy a boat, so boats in California will not be in competition with East Coast boats.

And lastly, and perhaps the most important factor in determining that asking price will be recent past sales history of similar makes and models. The recent past sales history is available only to Brokers however through our multiple listing service, YachtWorld. It will give me the recent demand for this 40′ Albin and at what selling prices have been in different parts of the USA. It tells me what people are asking and what people are paying!

So when you are looking at this Albin and you have found at what seems to be a great boat for $50,000.00 and all of the others are in the $85 – $100,000.00 range, there is a reason for this. Remember, condition, condition, condition! Be carefull as new fuel tanks will cost you about $30,000.00 to replace, and rudder posts about $8000.00. But if you can live with the problems with the boat, then by all means buy it. I am just wanting you to know not to expect a problem – free boat for the low, low price; you’ll pay for what you get.

So now you are thinking, are all boat prices negotiable? Certainly they are. Everything has its selling price and neither the listing Broker nor the owner may know what that price will be. Only a serious buyer with money on the table will be able to find that out through negotiations. but I will tell you that as of 11/24/2008, boats are selling at about 15% off of asking prices.

Another factor that comes to mind is that powerboats always sale for more than sailboats. I ran this search on the MLS system and found that a 1985 40′ sailboat will have an asking price in the low $100s, however a 1985 trawler or motoryacht will be in the $130 – $140s. Sailors sometimes get sticker shock when they began to search for powerboats.

By: Marinetrader

Article Directory: http://www.articledashboard.com

Mike Dickens is the owner/operator of Paradise Yachts, located in Florida USA.

Paradise Yachts assists customers in buying, selling and shipping used yachts worldwide.

Visit our boat website at www.paradiseyachtsales.net and our Cruising Center at www.paradiseyachtsales.net/CruisingCenter.html

Even though the Benetti Yacht company is now owned by Azimut, you will find a vast difference in the two product lines. Among other things, Benetti yachts differ in style, materials used, and size. While Azimut yachts may be sleek and beautiful, yachts by Benetti have consistently achieved an award winning status for quality and custom details. Therefore, if you are interested in Benetti yachts for sale, it may be of some help to know more about the history of the company, as well as some information about the yachts available for purchase.

Over 100 Years of Shipbuilding Experience

As you may be aware, the Benetti shipyard was officially opened in 1873, it was previously known as the Darsena Luca Shipyard. Therefore, the experience and craftsmanship that goes into each Benetti yacht spans well over 100 years of history. Without a question, when Fratelli Benetti decided to focus on building motor yachts in 1954, he already had some good ideas about what designs and materials would produce the finest yachts. Today, this manufacturer still produces award winning yachts. This includes winning the prestigious “Shipyard Number 1″ award sponsored by Showboats International Magazine six years in a row.

Construction Materials and Sizes

Typically, certain materials will make it easier to build larger yachts, while others are more suitable for small, sleek vessels. While you are searching for Benetti yachts for sale, you will soon note that the manufacturer makes use of two basic types of materials. First, Benetti makes use of fiberglass and composite materials in order to build boats that up to 99 feet long. Boats larger than 229 feet are often made from steel. As you review different yacht models, you should give some thought to where you will be using the yacht, as well as what you expect from it. Fortunately, if you want custom changes made to your specific vessel, the Benetti company will do their best to meet your needs.

Buying Custom Benetti Yachts for Sale

Consider a situation where you are interested in having a powerful yacht with a low profile. If you are planning to take the yacht into icy waters, or remote areas, you may not feel comfortable with purchasing a stylish yacht from a company that is not known for high quality workmanship. Rather than give up your dream of the perfect yacht, it may be of some help to see if Benetti yacht manufacturers can be of some help to you. At the very least, you can discuss what you have in mind, and find out more about how to have a custom yacht built.

During the process of researching Benetti Yachts for sale, it is very important to realize that this particular company has an excellent reputation. Few other motor yacht manufacturing companies can boast of a reputation that includes award winning models, as well as the capacity to provide a high level of customization for each yacht. Therefore, if you feel that a Benetti yacht is right for you, then it will be to your advantage to start looking at models that you can purchase as quickly as possible.

Power to Sail offer a range of used and new Benetti yachts for sale at great prices including Benetti megayachts, Benetti superyachts and Benetti motoryachts.

http://www.powertosail.com/benettiyachtsforsale.asp

Article Source:

http://EzineArticles.com/?expert=Sapphire_Sunhorse

I hope you’ve been enjoying my posts lately. I thought I might do something different today and rustle up a few bits of info from around the WWW. These are some of the news items and blog posts that have been popular over the last few weeks. Leave me your thoughts.

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That’s all the news for today guys, so until next time, thanks for stopping by.