These chats are absolute gold. I wish I had "Kraken Koin" (Might be a useful advertising tool, that haha!) as your boats are an absolute masterclass on how a world cruising sailboat should be made but alas, I don't and I'm looking at late 70's early 80's sailboats in which to make my new home. No worries, I'm not going to do it dangerous n' cheap in a flimsy coastal boat. I've taken to heart the need for a proper skeg/keel hung (or similar.. no spade rudders without protection to the front) rudder, integral keel and the like. From every calculation I've done, I think you're pretty bang on right with the costs for a couple say, to operate and tour the world through the "usual" haunts n' such. Myself being somewhat of a green sailor (all the more reason for a tough ol' bird of a boat) I will start with coastal cruises to parts of Mexico out of San Diego where I'm currently based, and possibly up the western coast of the US before I embark on anything more substantial such as Hawaii, then out to the islands of the pacific n' so on.. Eventually I may even circumnavigate, but that's not my goal. I figure I have about 20 to maybe 30 or so good years left to see what's out there in the world, and I wanna go see it before I regret not doing it.
To a large degree, it costs whatever you want it to cost, if you're handy, you can buy a good old seaworthy boat, spend some on materials to make it sound, do the work yourself and off you go. You will have a huge advantage, in that you know your boat inside out, if you bought it or paid someone to do the refit work, you don't.
I understand that you have to speak about Kraken on the Kraken RUclips channel but approaching this very general question from a Kraken perspektive is about as helpfull as getting information about "how much are the running cost of a car?" from the redbull formula 1 team about their ongoing costs. I quick introduction about normal prices would have been nice before starting to talk about the world of kraken owner .
Dick, your knowledge of safely traveling "Around" the world would make quite a great book. It would probably save some lives. If more engineers bought into your philosophy, the price to produce Kraken type boats would level out. Economy of Scale would help greatly. Thank you for what you have already done so far.
$50k a year sounds great. On the other hand, with a 20 year loan, a 2019 Kraken 50 costs about $8800 / mo, so over $105k / year (boat is $1M). For me that rules it out, so maybe an older Tayana.
Dick, I have a question. What drives people to buy a million dollar (plus) cat for voyaging when there are many well-found alternatives? For example, the are half a dozen older Dashew sailboats for sale around the world priced at less than half a million. Steve and Linda were cat sailors before they went voyaging on monohulls, but never on a cat. Seems to me that says something. For me, a half million dollar Deerfoot makes a lot more sense than a much more expensive cat.
I think the 10% is because after 10 years of sailing you have to replace all rigging/sails and rebuild generators and engines. Sure its more like 4% each year and then its bam 25% on a $500k boat. so saying 10% is actually very close if broken down per year.
Hi DC. Even if you amortise 25% over ten years and add 4% a year ( which actually is top end ) as well is still only 6.5%, and sure are hell a new rig, engine and generator, and new saloon upholstery won't cost anything near to 125K. It'll cost you less than living on the land especially if you go on one or two luxury holidays a year. Dick B KY
@@richardbeaumont3650 My 51 feet yacht cost originally 600,000 euros and I spend approximately 12,000 euros per year to insure, moor and maintain her in Spain, that's about 2%, however, she is now 5 years old and I expect the costs to rise over the next 5 years. If I moored her where I live in the south of France it would cost about 26,000 euros just for the mooring each year.
My only question is how does that skeg attach inside the boat . Like the old Tayana 55. With a skeg post and a platform attached to the lazerette wall and rudder post housing support beams
Love the idea behind Kraken, but not everyone wants or can afford a 50 foot ocean tank. Not sure why they can't make a more down to earth 38 or something that does not require a crew to manage.
You make a good case Dick, surprised me somewhat! Can I ask, will you ever consider a Kracken deck saloon ?Fair winds mate and Merry Christmas to you and yours !
In the first 5 years of owning a 50ft sailboat, you're looking at ~$100k/year of depreciation, right? There's a 50ft Kraken from 2019 "Looking Good II" on Yachtworld now with an asking price of $1m USD... how much would that cost today? $1.5m?
Around 1.5m USD today yes correct, but the owners of Looking Good II bought her 5 years ago and at 1m they will have got a good return, how much will a five year holiday sailing around the world cost? if you want to buy as Kraken 50 today its a 4.5-5 year waiting list so the laws of supply and demand will preserve the owners investment. I agree that's not the normal market situation, but Krakens aren't normal yachts.😜 Dick B KY
Is Hybrid-drive tech mature enough to be used for Kraken 44? Does its perceived added-value really justify ıts contrıbutıon for reachıng such a price level?
Hi Luke All Krakens irrespective of size, even a Kraken 66 can be sailed by one crew alone standing at the cockpit helm. Meaning that all sails can be set, trimmed and furled by one person. Dick B KY
These chats are absolute gold. I wish I had "Kraken Koin" (Might be a useful advertising tool, that haha!) as your boats are an absolute masterclass on how a world cruising sailboat should be made but alas, I don't and I'm looking at late 70's early 80's sailboats in which to make my new home. No worries, I'm not going to do it dangerous n' cheap in a flimsy coastal boat. I've taken to heart the need for a proper skeg/keel hung (or similar.. no spade rudders without protection to the front) rudder, integral keel and the like. From every calculation I've done, I think you're pretty bang on right with the costs for a couple say, to operate and tour the world through the "usual" haunts n' such. Myself being somewhat of a green sailor (all the more reason for a tough ol' bird of a boat) I will start with coastal cruises to parts of Mexico out of San Diego where I'm currently based, and possibly up the western coast of the US before I embark on anything more substantial such as Hawaii, then out to the islands of the pacific n' so on.. Eventually I may even circumnavigate, but that's not my goal. I figure I have about 20 to maybe 30 or so good years left to see what's out there in the world, and I wanna go see it before I regret not doing it.
To a large degree, it costs whatever you want it to cost, if you're handy, you can buy a good old seaworthy boat, spend some on materials to make it sound, do the work yourself and off you go. You will have a huge advantage, in that you know your boat inside out, if you bought it or paid someone to do the refit work, you don't.
I understand that you have to speak about Kraken on the Kraken RUclips channel but approaching this very general question from a Kraken perspektive is about as helpfull as getting information about "how much are the running cost of a car?" from the redbull formula 1 team about their ongoing costs.
I quick introduction about normal prices would have been nice before starting to talk about the world of kraken owner .
Dick, your knowledge of safely traveling "Around" the world would make quite a great book. It would probably save some lives. If more engineers bought into your philosophy, the price to produce Kraken type boats would level out. Economy of Scale would help greatly. Thank you for what you have already done so far.
Yes, I’m planning to do a trip next year leaving Australia in January. Will have to organise people to go with but for sure cannot wait
I love these chats. Treasure trove of information. Thank you to you both. Merry Christmas.
Merry Christmas to all of you!
$50k a year sounds great. On the other hand, with a 20 year loan, a 2019 Kraken 50 costs about $8800 / mo, so over $105k / year (boat is $1M). For me that rules it out, so maybe an older Tayana.
Great to listen to this, one day i will stop dreaming and do it!
Dick, I have a question. What drives people to buy a million dollar (plus) cat for voyaging when there are many well-found alternatives? For example, the are half a dozen older Dashew sailboats for sale around the world priced at less than half a million. Steve and Linda were cat sailors before they went voyaging on monohulls, but never on a cat. Seems to me that says something. For me, a half million dollar Deerfoot makes a lot more sense than a much more expensive cat.
I think the 10% is because after 10 years of sailing you have to replace all rigging/sails and rebuild generators and engines. Sure its more like 4% each year and then its bam 25% on a $500k boat. so saying 10% is actually very close if broken down per year.
Hi DC. Even if you amortise 25% over ten years and add 4% a year ( which actually is top end ) as well is still only 6.5%, and sure are hell a new rig, engine and generator, and new saloon upholstery won't cost anything near to 125K. It'll cost you less than living on the land especially if you go on one or two luxury holidays a year.
Dick B KY
@@richardbeaumont3650 My 51 feet yacht cost originally 600,000 euros and I spend approximately 12,000 euros per year to insure, moor and maintain her in Spain, that's about 2%, however, she is now 5 years old and I expect the costs to rise over the next 5 years. If I moored her where I live in the south of France it would cost about 26,000 euros just for the mooring each year.
Thanks for the informative video, and merry Christmas
what is the total number of Kraken yachts that have been built?
My only question is how does that skeg attach inside the boat . Like the old Tayana 55. With a skeg post and a platform attached to the lazerette wall and rudder post housing support beams
Can an Orca bite through the hull?
It would be a dream to own a Kraken !!
Can one get the rudder Orca proof, like a metal rudder?
Love the idea behind Kraken, but not everyone wants or can afford a 50 foot ocean tank. Not sure why they can't make a more down to earth 38 or something that does not require a crew to manage.
Slocum 43 or Gozzard 44 are pretty good boats for a couple an they don't break the bank
Wow man. Excellent. Let me know if anyone needs a crew member.
You make a good case Dick, surprised me somewhat!
Can I ask, will you ever consider a Kracken deck saloon ?Fair winds mate and Merry Christmas to you and yours !
That would be amazing. Something similar to the Sirius yachts. But with a Kraken in DNA.
@@goodq Sirius Yachts designs but built to Kraken standards would be my dream boat.
@@SOLDOZER me too
Hi Bert
Maybe there is a wire crossed somewhere here, all Kraken’s are raised deck saloon design!!!
Dick B Kraken Yachts
But first years maintenance cost better saving when further needed....
Why not making a list and count over years costs?
In the first 5 years of owning a 50ft sailboat, you're looking at ~$100k/year of depreciation, right? There's a 50ft Kraken from 2019 "Looking Good II" on Yachtworld now with an asking price of $1m USD... how much would that cost today? $1.5m?
Around 1.5m USD today yes correct, but the owners of Looking Good II bought her 5 years ago and at 1m they will have got a good return, how much will a five year holiday sailing around the world cost? if you want to buy as Kraken 50 today its a 4.5-5 year waiting list so the laws of supply and demand will preserve the owners investment. I agree that's not the normal market situation, but Krakens aren't normal yachts.😜
Dick B KY
1:51 Dick2'nin gereksiz sıradan Hindi şakasına, Dick1'in tepkisizliği iyiydi...
How much does it cost per year for the marina closest to the Olympic Stadium so I can walk to West Ham games? 😂
Is Hybrid-drive tech mature enough to be used for Kraken 44? Does its perceived added-value really justify ıts contrıbutıon for reachıng such a price level?
What is the largest, most comfortable Kraken that can be realistically used for a solo circumnavigation?
Kraken are not made for solo sailing. Boats this size need a crew.
not really @@SOLDOZER
Hi Luke
All Krakens irrespective of size, even a Kraken 66 can be sailed by one crew alone standing at the cockpit helm.
Meaning that all sails can be set, trimmed and furled by one person.
Dick B KY
Relatively speaking; Too Much.
Forget the cost of taking off and sailing the world, there is a much higher cost if you stay put and never realize the dream.
👍👍👍 Dick B KY
Sales pitch Dick. In South Africa, Hout Bay marina in 25% of the cost!
what a plunk¡¡¡