Thanks for watching! :-) Get our Financial Freedom PDF sent to you by email as soon as it's finished by signing up here ➜ bit.ly/FinancialFreedomPDF Learn how to save ave 30% or more off the asking price of a boat (using the techniques and strategies we developed when we were boat dealers) ➜ www.boatbuyingblueprint.com Subscribe and hit the 🔔 to see more videos from us ➜ bit.ly/SBRUclips⛵ We send you all love and best wishes in these challenging times. God bless. Chris, Rossella & Emma 😊
I would like to suggest an episode about "Where can I anchor my boat?". How do I know if anchoring is permitted at a location? Especially near marinas when you want to stay close without paying the marina costs. It would be nice if you could cover Europe as well. Thank you. Your channel is great!
The average costs in British Columbia for mooring per year works out to $12,000 CAD plus 12.5% tax + power, + laundry + internet with a monthly of $50 CAD per person living aboard, IF they are allowing live aboard. When you are transient mooring the prices drop dramatically, ranging from a buck a foot to 8 bucks a foot plus a $5.00 a day power cost. ( live aboard power is account with power company, often requires a $200 deposit and is a used power bill monthly. ) The biggest problem with slips here, they only work in 10 foot increments, so your 32 foot boat you have to pay for a 40 foot slip. So many brands will have their models just poke across a 10 foot length mark which winds up costing the boat owner $80 / month more for marina slips. ( BC does not include taxes so every number you add the 12.5% sales taxes. )
@@SailingBritaly Most definitely, but you also need to check the charts for the most common depths for anchoring areas. The standard length of rode here starts at 100 meters or 300 feet. ( I know, 100 meters is actually 330 feet but the industry seems to lop those 30 off )
Everywhere I've looked refuses catamarans, or refuses liveaboards, or both. How the heck does anybody _find_ mooring -- at any price!! -- for a catamaran that's their full time home?
Contact Bowen Marina, Bowen, North Queensland, Australia. They have a few catamarans berthed in there. I'm not sure of the fees, because this depends on the length of your boat. I know your comment was 1 year ago. However, if you're sailing up the North Queensland Coast, this is a marina you can go into.I hope this information is helpful to you?👍
I guess this is a UK wide thing, if you aren't comfortable living on the hook you can pay £40 per year to King Charlie for a deep mooring. If you can get a couple of train wheels/tyres full of concrete you can just moor up at a place that suits.
Great video (again)! I am planning to sail as crew as much as possible, giving a helping hand while gaining more experience (meanwile charing costs, so that would not be a problem). I hope in future I can buy a small sailboat to live on in the mediterenean (Greece would be a good option for mostly anchoring, good sailing and daily life cost I guess). Therefor watching your videos, you answered and confirmed a lot of my inquiries already. Keep up the good work and fair winds.
Hi Jim, it depends on the cut-off point for different lengths. Here's an example price list of a marina in Italy I've looked at recently: www.lamarinadigoro.it/wp-content/uploads/2024/03/LISTINO-2024.pdf The difference here would be 270 euros per year. Best regards, Chris
how much did you pay at the marina where you kept your boat? I think I missed that? How much to keep her on the hard; I have a same size boat. What was the name of that place?
Thanks. Good honest down to earth advise. What about the home made antifoul. Any updates - silicone or ultrasound, also using electonics to replace zinc.
Always liked your channel , don’t see enough of you , of course lockdowns a problem , been upgrading my boat systems in Chatham Marina, ready to go now
most people should not go into boats if they get hung up on the cost. Or buy smaller ones where the costs are much less. If you live on the boat full time its a different calculation - yeah moorage can be expensive but how does it compare to rent? And you get "waterfront" property for that. If you are on shore and keep the boat an expensive place, focus on making enough money to make it a non-issue.
I want to moor my boat on lake Guerlédan in France. Could you please help me to find the mores costs for April 1st to October 31st and if the have space please. My boat is 5mtre, quicksilver 505.. Im not finding anything.. Can u pls help urgently
How feasible it is to put a 42-47 feet boat on anker in Le Grazie for let’s say 3-4 days without actually anyone being present on the yacht? do u know of other super protected places in Italy, France and Spain where one could safely leave the boat on anchor for extended periods of time without anyone present on yacht?
Great Video! Do you have any more information about the boat yard that you were in in Italy? Like the name, email or contact information of the yard? Thanks!
Hi Stuart, yes well and truly locked down. What I would give for an open horizon, a fair sea and no interference from any "government". Fair winds, Chris
Nothing in boating is "cheap". Buying a not seaworthy boat for "Nothing" and refitting it for "Nothing" use it for "Nothing" but sell it with profits is one big nonsense.
We have bought numerous boats and sold each and every single one at a profit, including all refit & maintenance costs. There is no "nothing" in that equation. Like most things in life, you make your money when you BUY, not when you sell. Also, like most things in life, if you set out with the mindset that something is impossible then you will almost certainly prove yourself right.
As usual superb vid marra...but Brexit has thrown a bit of a spanner in the works for us Brits as to staying in Shenanigan Areas lol ..EU would of thought it...so i may as well get a Irish passport through my grandad being born in Tipperary to circumvent it :D Take care and all the best to you and the family.
There is a link to another video on the channel where I talk about how we stayed in the water for years, that video has a link to another video in our Treasure Chest, which covers everything about the DIY copper epoxy formula and how it is applied. Access to our Treasure Chest costs $3, and there are tons of other things in there, some of which could save boat owners thousands of dollars. The video also explains the genuine reasons that we have this small barrier of entry to this DIY antifouling formula information. Chris
Depending on what you mean by live aboard, Gosport has some owners who are aboard many nights for long periods, but not every day all year. Which to be frank, many of us do not want full time live aboard next-doors.
I don't know any specific marinas in that area but I know that the situation is quite complicated due to council tax, marina insurance, and the general tendency of some people to frown upon someone who chooses to live in a way which they define as being 'abnormal'. Anchorages give you total freedom and avoid all these problems, so that might be a good end goal, in the interim there are a couple of quotes which might be appropriate (the first of which I seem to be using a lot recently...) "When freedom is outlawed only outlaws will be free." and "It is easier to ask forgiveness than permission." The second quote there is being referred to in a limited way and is not about selfishly doing what you want and not paying any regard to anyone else, in this context it is about pushing the boundaries of what 'living aboard' means. It is one thing to live in a marina 365 days per year with a TV aerial, satellite dish, permanent clothes drying rotation, hose run to your tank inlet and shore power connected and in use 24/7, whilst having letters and all kinds of mail arriving at the marina. It is another to discreetly act like anyone else spending a couple of weeks on their boat in the marina on holiday, and moving the boat in and out of the marina every so often to demonstrate that it is still a boat and hasn't morphed into a floating house. If you look as though you are doing the latter (which may come at some personal inconvenience to you) then you are far less likely to give anyone any reason to bother you and you could potentially carry on like that for years. If you look as though you are doing the former then you will almost certainly run into issues, and anyone planning on going down this route would be better looking for a residential berth from the outset. Just my 2 cents worth, I could be completely wrong. (I was about many things in life for 40 years!) Cheers, Chris
So my broker explained to me that brokers only can pay to receive a proprietary program that show you what that particular boat actually sold for. Takes into account year, make, and model, and condition of boat. For people that use a broker without this program or don't use a broker at all then you could see wild differences in the prices for your Bavaria. If I was the seller I would ask myself why are other Bavaria's selling for twice what I sold my boat for? Buy a boat after a hurricane where the boat has been totaled and the insurance company thru their brokers will take low prices...great deals...? maybe yes...maybe no...
Hi Greg, I appreciate your scepticism but have some points to raise: 1) Brokers generally get paid a percentage commission, which means if you buy a boat at 50% of its market value they stand to lose 50% of their commission. 2) Brokers who have access to proprietary programs may have a tendency to denigrate any other methods of purchase which does not conform to their own methods, for obvious reasons. 3) Our boat was the lowest priced Bavaria 350 anywhere in the world when it was listed for sale. This was more to do with the circumstances of the sale than the condition of tthe boat or its value when it was sold. Despite its already very low asking price we went on to pay 38.5% less than the advertised price, because we understood the motivations and needs of the seller and pitched our offer with these needs in mind, whilst raising awareness of and offering solutions to the seller's pain points. 4) There was no documentation to conclusively prove of our boat's VAT paid status when we bought her. We subsequently obtained proof of this from HMRC, further increasing tthe resale value of the boat (which has retained its EU VAT paid status despite Brexit because I sailed it to the EU before the deadline, in part for this reason.) 4) I understand the perspective of a broker very well as I have acted in that capacity myself. 5) We are in double figures now with the number of used boats we have bought and sold on at a profit. There has not been a single occasion where this has not happened. Great deals? Yes they were. I'll leave you with a couple of comments received from people who have recently completed the Boat Buyig Blueprint course: "Hi Chris, I've purchased and sold six boats over the years... I strongly recommend this program to even those who believe they are total experts in the purchase/sale of boats." "I can't say that I used all of the techniques that Chris told me about in the course, mainly because I started the boat buying process before the course came out. However, I have used a considerable amount of them, and this morning I successfully completed the purchase of my new boat. I managed to achieve a 20% saving on the purchase price. Given the current state of the market in the UK, where decent boats are literally being sold within hours of coming onto the market, I am delighted to have achieved such a saving." I wish you the very best of luck in your boat buying journey. If you want to get a great deal I believe the Boat Buying Blueprint would be a very wise investment. I offer a 30 day money back guarantee, so there is no risk from a buyer's perspective as I take on all the risk by offering this guarantee. The choice is yours, whatever you decide I wish you the very best. Chris
@@SailingBritaly So where I am in the State of Washington...they have sales records which show in no uncertain terms or amounts the purchase price and hence the taxes that you pay to the State of Washington for buying the boat. If I buy a boat for 1/2 of the value of the boat the State of Washington smells something "fishy" and thinks you may be trying to pull a fast one (artificially reducing the price) to avoid paying the "true" tax on the purchase. The State then at the end of the day makes you pay the correct tax based on the real value of the boat. When you go to sell the boat the next person to buy the boat simply goes to the State Tax records to show what you bought the boat for in your case 68K. No one is going to pay you more then that (if they have a brain) for the boat unless you can demonstrate that you have added upgrades and even if you do you are only going to see a small percentage of return on your upgrades. It's the same with a house. The best way to end up with a million bucks with a boat is to start with 2... Best..."SV Aquila" Seattle
I understand your point of view Greg but I respectfully disagree: If a house on a certain road in a certain condition is worth $250k then I will be selling it for $250k even if I only paid $50k for it, and in my mind I would be foolish not to do this. The buyer has no business in what I paid for something and I don’t care in the slightest if they know I paid a lot less than the asking price. The relevant question is do they want to buy the item at a price I am willing to sell it for. Taxes are a separate issue (fortunately there are no taxes to pay on used boats in the UK), but if I had documentary evidence to support the fact that I had paid $50k for a $100k boat (for example if the seller needed a fast sale because the bank was going to repossess their home if they didn’t come up with a certain amount of funds in a certain timeframe) and I knew I was telling the truth, then I would personally be inclined to fight tooth and nail to pay the correct amount taxes due. However, even if this fell on deaf ears and I had to pay sales tax on a boat valued at it’s full $100k market value, my $50k saving puts me in a much better position than I would be in if I had paid $50k more for the same boat. In this case a proportion of my $50k savvy buyer’s cushion would go towards the tax liability instead of in the seller’s bank account. Some real world examples of this: every boat we have ever sold has been at a profit, including our last boat which we used for 4.5 years and spent very little on during the time that we owned her. (We publicly stated what we paid for her in public videos for all potential buyers to see before we listed her for sale.) I have also sold a number of cars for more than I paid for them, after putting quite a few extra miles on them, and I even sold a dinner table and chair set once after using it for a couple of years a at a higher price than it cost to buy brand new... The way that I see it is that in a normally functioning economy (i.e. excluding periods of hyperinflation and other such skullduggery) you make your money when you buy, not when you sell. Getting an excellent deal on anything you buy is the best way to protect your position for a future sale, whatever the macroeconomic conditions may be at any given point in time. As a final example of how sure I am about this, I am declaring to the world in public videos that we bought our boat for circa $20,000, and when we go to sell it we will want more than double this amount. Potential buyers won’t have to go and look in a registry to find out what we paid for our boat, as we will have told them in our videos. The question will be: This is the boat, this is the price, do you want to buy it? There will inevitably be some people who will think “You must be joking: you expect me to pay more than double what you paid for this boat, after you’ve used it for x years?!”, and those people will not buy the boat. (Just like the people who said “€55,000? You’ll never sell it at that price!” back when we were boat dealers, where we replied “Yes we will.” - a couple of weeks before another buyer came along and bought the boat at the asking price.) As a seller you only need to find one buyer with a set of needs which are matched by the boat you are offering, and if you have purchased your boat at a good enough price, you can sell your boat at the same asking price of similar sister ships, while making a profit. Or you can pay the full market value when you buy the boat, in which case you are guaranteed to be left out of pocket when you sell. We are all free to choose which of these two camps we’re in. Best regards, Chris
@@SailingBritaly hello i am thinking of buying a westerly Berwick to live on i will only be able to sail around the uk and bordering countries i am so glad you have backed up all my thoughts on mud mooring all the best for the future retire as early as you can and be happy with the family you have
That’s extremely cheap for a Californian. A slip for a 45 foot boat runs $1500+ a month!! ($18,000+ per year) add $500 a month for liveaboard (an additional $6,000!) the. There’s other charges like $25 a month for mail box, charge for storage locker (depends on size) and electric (ours runs about $100 a month even though we have solar!) additional $100 per month. Total for our slip in San Diego (one of the lowest costs in San Diego) runs $19,500+ and its always over that figure. We bought our vessel for 1/4 of its present value, so if we sold now, we’d make “some” money, even after out 2 1/2 years of slip fees. We have a home in Tuscany and would love to relocate Julianne to the harbor in Rome as we have been quoted about 1/4 of our yearly slip fee if we relocated our vessel.
Hi Jean & Gary, oh my goodness that is eye wateringly expensive! We're two hours drive from Tuscany, although as things stand we aren't allowed to travel more than about 10 km from where we are as we are confined to our commune (and leaving the house is only possible during the day as there is a curfew from 22:00 - 05:00). Living cross border has become a nightmare over the last year, so we hope you are coping ok with the distance, separation and complete lack of the ability to plan ahead. We feel your pain! Chris
@@leandroflaherty - if you think Southern California is bad you should see New York City’s prices. We moved our boat from Los Angeles to San Diego to find a less expensive slip. LA charges 1/2 the slip fee for liveaboard. At the time slips in San Diego were much less than LA and liveaboard fees around $250-300. BTW the liveaboard fee is for one, higher if 2 or more. AND during the pandemic, the marina sent out notices to NOT use the restrooms, (costing boat owners a lot more just buying toilet paper ($20+ a pack), gym, pool, golf, cafe, etc., but raised our liveaboard fees! I heard San Francisco area has very inexpensive slips. But trying to sail in SF bay is next to impossible for most of us.
As usual superb vid marra...but Brexit has thrown a bit of a spanner in the works for us Brits as to staying in Shenanigan Areas lol ..EU would of thought it...so i may as well get a Irish passport through my grandad being born in Tipperary to circumvent it :D Take care and all the best to you and the family.
The world is much more complicated these days for sure: Two hours from now it will be illegal for me to leave the house, until 5 am tomorrow morning, for example... "When freedom is outlawed only outlaws will be free." God bless. Chris
Thanks for watching! :-)
Get our Financial Freedom PDF sent to you by email as soon as it's finished by signing up here ➜ bit.ly/FinancialFreedomPDF
Learn how to save ave 30% or more off the asking price of a boat (using the techniques and strategies we developed when we were boat dealers)
➜ www.boatbuyingblueprint.com
Subscribe and hit the 🔔 to see more videos from us ➜ bit.ly/SBRUclips⛵
We send you all love and best wishes in these challenging times. God bless.
Chris, Rossella & Emma 😊
I would like to suggest an episode about "Where can I anchor my boat?". How do I know if anchoring is permitted at a location? Especially near marinas when you want to stay close without paying the marina costs. It would be nice if you could cover Europe as well. Thank you. Your channel is great!
Sandoval go on the internet to "noforeignland" and you'll see. You can even contribute information free. Put a short cut on your home screen.
@@zabadackakaHansCoche My god that is incredible!! Thank you so much Hans!
@@zabadackakaHansCoche Wahnsinn und danke
The average costs in British Columbia for mooring per year works out to $12,000 CAD plus 12.5% tax + power, + laundry + internet with a monthly of $50 CAD per person living aboard, IF they are allowing live aboard.
When you are transient mooring the prices drop dramatically, ranging from a buck a foot to 8 bucks a foot plus a $5.00 a day power cost. ( live aboard power is account with power company, often requires a $200 deposit and is a used power bill monthly. )
The biggest problem with slips here, they only work in 10 foot increments, so your 32 foot boat you have to pay for a 40 foot slip. So many brands will have their models just poke across a 10 foot length mark which winds up costing the boat owner $80 / month more for marina slips. ( BC does not include taxes so every number you add the 12.5% sales taxes. )
Thank you for sharing Jaqui. Given these figures, a good anchor and ground tackle is perhaps the best investment any of us can make... :-)
@@SailingBritaly Most definitely, but you also need to check the charts for the most common depths for anchoring areas. The standard length of rode here starts at 100 meters or 300 feet. ( I know, 100 meters is actually 330 feet but the industry seems to lop those 30 off )
Everywhere I've looked refuses catamarans, or refuses liveaboards, or both. How the heck does anybody _find_ mooring -- at any price!! -- for a catamaran that's their full time home?
Contact Bowen Marina, Bowen, North Queensland, Australia. They have a few catamarans berthed in there. I'm not sure of the fees, because this depends on the length of your boat. I know your comment was 1 year ago. However, if you're sailing up the North Queensland Coast, this is a marina you can go into.I hope this information is helpful to you?👍
Hi Chris, love the vids, weve been binging for a week now! haha. Can you recommend a DIY boatyard in Magra?, which one did you guys use?
I guess this is a UK wide thing, if you aren't comfortable living on the hook you can pay £40 per year to King Charlie for a deep mooring. If you can get a couple of train wheels/tyres full of concrete you can just moor up at a place that suits.
Great video (again)! I am planning to sail as crew as much as possible, giving a helping hand while gaining more experience (meanwile charing costs, so that would not be a problem). I hope in future I can buy a small sailboat to live on in the mediterenean (Greece would be a good option for mostly anchoring, good sailing and daily life cost I guess). Therefor watching your videos, you answered and confirmed a lot of my inquiries already. Keep up the good work and fair winds.
Remember...It only costa 50p! I laugh for joy every time I think this. Absolute highlight of all of your videos.
Thanks Mike, those were the days!... May we get our freedom and laughter back ASAP. God bless, Chris
I commented and requested this video on the Boat Cost video... thanks for doing this one!!
Would there be a substantial difference in cost in mooring in Marinas between say a 28ft and a 32ft Yacht.
Hi Jim, it depends on the cut-off point for different lengths. Here's an example price list of a marina in Italy I've looked at recently: www.lamarinadigoro.it/wp-content/uploads/2024/03/LISTINO-2024.pdf The difference here would be 270 euros per year. Best regards, Chris
Does he explain how to do the copper DIY antifouling thing ?
how much did you pay at the marina where you kept your boat? I think I missed that? How much to keep her on the hard; I have a same size boat. What was the name of that place?
Thanks. Good honest down to earth advise. What about the home made antifoul. Any updates - silicone or ultrasound, also using electonics to replace zinc.
Always liked your channel , don’t see enough of you , of course lockdowns a problem , been upgrading my boat systems in Chatham Marina, ready to go now
Hi David, here's to freedom and clear horizons... Fair winds and God bless. Chris
most people should not go into boats if they get hung up on the cost. Or buy smaller ones where the costs are much less. If you live on the boat full time its a different calculation - yeah moorage can be expensive but how does it compare to rent? And you get "waterfront" property for that. If you are on shore and keep the boat an expensive place, focus on making enough money to make it a non-issue.
Is there mooring or marinas in Bueno Aires?
I want to moor my boat on lake Guerlédan in France. Could you please help me to find the mores costs for April 1st to October 31st and if the have space please. My boat is 5mtre, quicksilver 505..
Im not finding anything.. Can u pls help urgently
Very informative - thanks for sharing your experience.
How feasible it is to put a 42-47 feet boat on anker in Le Grazie for let’s say 3-4 days without actually anyone being present on the yacht? do u know of other super protected places in Italy, France and Spain where one could safely leave the boat on anchor for extended periods of time without anyone present on yacht?
Great Video! Do you have any more information about the boat yard that you were in in Italy? Like the name, email or contact information of the yard? Thanks!
Useful video Chris. Well done.
Thank you John 🙏
The Anchor is always free!
Great video new suscriber 😊
Welcome aboard Steven! 👍
Thank you for another awesome video Chris 😊👍
Thank you Jeffrey 🙏
Would be interested to know how you make home brew copper coat!
hiya chris happy lock down :) hope your all safe and well .
Hi Stuart, yes well and truly locked down. What I would give for an open horizon, a fair sea and no interference from any "government". Fair winds, Chris
Nothing in boating is "cheap".
Buying a not seaworthy boat for "Nothing" and refitting it for "Nothing" use it for "Nothing" but sell it with profits is one big nonsense.
We have bought numerous boats and sold each and every single one at a profit, including all refit & maintenance costs. There is no "nothing" in that equation. Like most things in life, you make your money when you BUY, not when you sell. Also, like most things in life, if you set out with the mindset that something is impossible then you will almost certainly prove yourself right.
It's possible but very rare.
As usual superb vid marra...but Brexit has thrown a bit of a spanner in the works for us Brits as to staying in Shenanigan Areas lol ..EU would of thought it...so i may as well get a Irish passport through my grandad being born in Tipperary to circumvent it :D Take care and all the best to you and the family.
Thank you Chris. :)
Prego Lucas, buon vento amico mio! ⛵👍
Thanks excellent chanel , so much really useful content .
Cheers Paul 🙏
how to find the right boat? there are so many
Have you done a video of your homemade antifouling
There is a link to another video on the channel where I talk about how we stayed in the water for years, that video has a link to another video in our Treasure Chest, which covers everything about the DIY copper epoxy formula and how it is applied. Access to our Treasure Chest costs $3, and there are tons of other things in there, some of which could save boat owners thousands of dollars. The video also explains the genuine reasons that we have this small barrier of entry to this DIY antifouling formula information. Chris
Hi Chris, do you know of any South Coast UK marinas (between Chichester, Solent & Christchurch) that allow live aboards?
Depending on what you mean by live aboard, Gosport has some owners who are aboard many nights for long periods, but not every day all year. Which to be frank, many of us do not want full time live aboard next-doors.
I don't know any specific marinas in that area but I know that the situation is quite complicated due to council tax, marina insurance, and the general tendency of some people to frown upon someone who chooses to live in a way which they define as being 'abnormal'. Anchorages give you total freedom and avoid all these problems, so that might be a good end goal, in the interim there are a couple of quotes which might be appropriate (the first of which I seem to be using a lot recently...) "When freedom is outlawed only outlaws will be free." and "It is easier to ask forgiveness than permission."
The second quote there is being referred to in a limited way and is not about selfishly doing what you want and not paying any regard to anyone else, in this context it is about pushing the boundaries of what 'living aboard' means. It is one thing to live in a marina 365 days per year with a TV aerial, satellite dish, permanent clothes drying rotation, hose run to your tank inlet and shore power connected and in use 24/7, whilst having letters and all kinds of mail arriving at the marina. It is another to discreetly act like anyone else spending a couple of weeks on their boat in the marina on holiday, and moving the boat in and out of the marina every so often to demonstrate that it is still a boat and hasn't morphed into a floating house.
If you look as though you are doing the latter (which may come at some personal inconvenience to you) then you are far less likely to give anyone any reason to bother you and you could potentially carry on like that for years. If you look as though you are doing the former then you will almost certainly run into issues, and anyone planning on going down this route would be better looking for a residential berth from the outset.
Just my 2 cents worth, I could be completely wrong. (I was about many things in life for 40 years!)
Cheers,
Chris
Brighton has residential moorings now, but is very expensive. Cheaper than a Brighton flat, but not once you factor in maintenance costs.
Very good video thank you
Thanks Mike
My takeaway from this is that owning a marina is like having a magic money tree.
Great video
Thank you Joseph 🙏
So my broker explained to me that brokers only can pay to receive a proprietary program that show you what that particular boat actually sold for. Takes into account year, make, and model, and condition of boat. For people that use a broker without this program or don't use a broker at all then you could see wild differences in the prices for your Bavaria. If I was the seller I would ask myself why are other Bavaria's selling for twice what I sold my boat for? Buy a boat after a hurricane where the boat has been totaled and the insurance company thru their brokers will take low prices...great deals...? maybe yes...maybe no...
Hi Greg, I appreciate your scepticism but have some points to raise:
1) Brokers generally get paid a percentage commission, which means if you buy a boat at 50% of its market value they stand to lose 50% of their commission.
2) Brokers who have access to proprietary programs may have a tendency to denigrate any other methods of purchase which does not conform to their own methods, for obvious reasons.
3) Our boat was the lowest priced Bavaria 350 anywhere in the world when it was listed for sale. This was more to do with the circumstances of the sale than the condition of tthe boat or its value when it was sold. Despite its already very low asking price we went on to pay 38.5% less than the advertised price, because we understood the motivations and needs of the seller and pitched our offer with these needs in mind, whilst raising awareness of and offering solutions to the seller's pain points.
4) There was no documentation to conclusively prove of our boat's VAT paid status when we bought her. We subsequently obtained proof of this from HMRC, further increasing tthe resale value of the boat (which has retained its EU VAT paid status despite Brexit because I sailed it to the EU before the deadline, in part for this reason.)
4) I understand the perspective of a broker very well as I have acted in that capacity myself.
5) We are in double figures now with the number of used boats we have bought and sold on at a profit. There has not been a single occasion where this has not happened. Great deals? Yes they were.
I'll leave you with a couple of comments received from people who have recently completed the Boat Buyig Blueprint course:
"Hi Chris, I've purchased and sold six boats over the years... I strongly recommend this program to even those who believe they are total experts in the purchase/sale of boats."
"I can't say that I used all of the techniques that Chris told me about in the course, mainly because I started the boat buying process before the course came out. However, I have used a considerable amount of them, and this morning I successfully completed the purchase of my new boat. I managed to achieve a 20% saving on the purchase price. Given the current state of the market in the UK, where decent boats are literally being sold within hours of coming onto the market, I am delighted to have achieved such a saving."
I wish you the very best of luck in your boat buying journey. If you want to get a great deal I believe the Boat Buying Blueprint would be a very wise investment. I offer a 30 day money back guarantee, so there is no risk from a buyer's perspective as I take on all the risk by offering this guarantee.
The choice is yours, whatever you decide I wish you the very best.
Chris
@@SailingBritaly So where I am in the State of Washington...they have sales records which show in no uncertain terms or amounts the purchase price and hence the taxes that you pay to the State of Washington for buying the boat. If I buy a boat for 1/2 of the value of the boat the State of Washington smells something "fishy" and thinks you may be trying to pull a fast one (artificially reducing the price) to avoid paying the "true" tax on the purchase. The State then at the end of the day makes you pay the correct tax based on the real value of the boat. When you go to sell the boat the next person to buy the boat simply goes to the State Tax records to show what you bought the boat for in your case 68K. No one is going to pay you more then that (if they have a brain) for the boat unless you can demonstrate that you have added upgrades and even if you do you are only going to see a small percentage of return on your upgrades. It's the same with a house. The best way to end up with a million bucks with a boat is to start with 2... Best..."SV Aquila" Seattle
I understand your point of view Greg but I respectfully disagree: If a house on a certain road in a certain condition is worth $250k then I will be selling it for $250k even if I only paid $50k for it, and in my mind I would be foolish not to do this. The buyer has no business in what I paid for something and I don’t care in the slightest if they know I paid a lot less than the asking price. The relevant question is do they want to buy the item at a price I am willing to sell it for.
Taxes are a separate issue (fortunately there are no taxes to pay on used boats in the UK), but if I had documentary evidence to support the fact that I had paid $50k for a $100k boat (for example if the seller needed a fast sale because the bank was going to repossess their home if they didn’t come up with a certain amount of funds in a certain timeframe) and I knew I was telling the truth, then I would personally be inclined to fight tooth and nail to pay the correct amount taxes due. However, even if this fell on deaf ears and I had to pay sales tax on a boat valued at it’s full $100k market value, my $50k saving puts me in a much better position than I would be in if I had paid $50k more for the same boat. In this case a proportion of my $50k savvy buyer’s cushion would go towards the tax liability instead of in the seller’s bank account.
Some real world examples of this: every boat we have ever sold has been at a profit, including our last boat which we used for 4.5 years and spent very little on during the time that we owned her. (We publicly stated what we paid for her in public videos for all potential buyers to see before we listed her for sale.)
I have also sold a number of cars for more than I paid for them, after putting quite a few extra miles on them, and I even sold a dinner table and chair set once after using it for a couple of years a at a higher price than it cost to buy brand new...
The way that I see it is that in a normally functioning economy (i.e. excluding periods of hyperinflation and other such skullduggery) you make your money when you buy, not when you sell. Getting an excellent deal on anything you buy is the best way to protect your position for a future sale, whatever the macroeconomic conditions may be at any given point in time.
As a final example of how sure I am about this, I am declaring to the world in public videos that we bought our boat for circa $20,000, and when we go to sell it we will want more than double this amount. Potential buyers won’t have to go and look in a registry to find out what we paid for our boat, as we will have told them in our videos. The question will be: This is the boat, this is the price, do you want to buy it? There will inevitably be some people who will think “You must be joking: you expect me to pay more than double what you paid for this boat, after you’ve used it for x years?!”, and those people will not buy the boat. (Just like the people who said “€55,000? You’ll never sell it at that price!” back when we were boat dealers, where we replied “Yes we will.” - a couple of weeks before another buyer came along and bought the boat at the asking price.)
As a seller you only need to find one buyer with a set of needs which are matched by the boat you are offering, and if you have purchased your boat at a good enough price, you can sell your boat at the same asking price of similar sister ships, while making a profit.
Or you can pay the full market value when you buy the boat, in which case you are guaranteed to be left out of pocket when you sell. We are all free to choose which of these two camps we’re in.
Best regards,
Chris
@@SailingBritaly I will be sure to contact you to buy my boat when I sell it...as I got it for a really good price...
@@gregfawcett5152 😉
such a wonderful video
Thank you John 🙏
@@SailingBritaly hello i am thinking of buying a westerly Berwick to live on i will only be able to sail around the uk and bordering countries i am so glad you have backed up all my thoughts on mud mooring all the best for the future retire as early as you can and be happy with the family you have
Long Beach california charges you to anchor at island white???? WTF?? great video
park the boat in the sea then get a lift to it...
Cari, date un occhiata alle offerte in zona Pisa, sul fiume Arno.... Un abbraccio. Forza e coraggio....
Grazie Maria! Speriamo che ci lasciono respirare e vivere di nuovo il piu presto possibile... Un abbraccio, Chris
Elo bud, can you please make a mooring fee video? Chin-chin
dont see much of you these days ,,, hope you are all well
That’s extremely cheap for a Californian. A slip for a 45 foot boat runs $1500+ a month!! ($18,000+ per year) add $500 a month for liveaboard (an additional $6,000!) the. There’s other charges like $25 a month for mail box, charge for storage locker (depends on size) and electric (ours runs about $100 a month even though we have solar!) additional $100 per month. Total for our slip in San Diego (one of the lowest costs in San Diego) runs $19,500+ and its always over that figure. We bought our vessel for 1/4 of its present value, so if we sold now, we’d make “some” money, even after out 2 1/2 years of slip fees. We have a home in Tuscany and would love to relocate Julianne to the harbor in Rome as we have been quoted about 1/4 of our yearly slip fee if we relocated our vessel.
Cali is an oppressive state.
Hi Jean & Gary, oh my goodness that is eye wateringly expensive! We're two hours drive from Tuscany, although as things stand we aren't allowed to travel more than about 10 km from where we are as we are confined to our commune (and leaving the house is only possible during the day as there is a curfew from 22:00 - 05:00). Living cross border has become a nightmare over the last year, so we hope you are coping ok with the distance, separation and complete lack of the ability to plan ahead. We feel your pain! Chris
@@leandroflaherty - if you think Southern California is bad you should see New York City’s prices. We moved our boat from Los Angeles to San Diego to find a less expensive slip. LA charges 1/2 the slip fee for liveaboard. At the time slips in San Diego were much less than LA and liveaboard fees around $250-300. BTW the liveaboard fee is for one, higher if 2 or more. AND during the pandemic, the marina sent out notices to NOT use the restrooms, (costing boat owners a lot more just buying toilet paper ($20+ a pack), gym, pool, golf, cafe, etc., but raised our liveaboard fees! I heard San Francisco area has very inexpensive slips. But trying to sail in SF bay is next to impossible for most of us.
@@leandroflaherty BTW only Southern California slips are pricey.
@@sailingvesseljulianne8230 I am in NYC. I know..
:)
😊🌟😊
As usual superb vid marra...but Brexit has thrown a bit of a spanner in the works for us Brits as to staying in Shenanigan Areas lol ..EU would of thought it...so i may as well get a Irish passport through my grandad being born in Tipperary to circumvent it :D Take care and all the best to you and the family.
The world is much more complicated these days for sure: Two hours from now it will be illegal for me to leave the house, until 5 am tomorrow morning, for example...
"When freedom is outlawed only outlaws will be free."
God bless. Chris