whats this boat worth - a guide to recent sales

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bubble7777
bubble7777
QLD
191 posts
QLD, 191 posts
16 Mar 2013 12:56pm
knowing that a boat is worth as much as someone is willing to pay for it, i thought that i might start a thread that captures some known sale prices.

the only place in my mind that captures boat prices is auctions and friends of friends you may know that just purchased their new dream

Ebay seems ok but time and again the same sold boats popup that have previously been sold it seems either buyers pull known they paid to much or maybe the seller was shill bidding and bought their own boat!

please add your own knowledge and post an archive of the for sale advert if you can as it will obviously disappear shortly after the boat is sold.

anyway i thought this might be a good idea and ill add more as i go to more auctions over the coming months.

so the first off:

Arends that was sold 16/3/13 for $65,500

link to boat here:
docs.google.com/file/d/0ByPudmUjZep-Y2RSTUROT1ZNV2s/edit?usp=sharing

2009 DELPHIA 40 was sold 16/3/13 for $170,000
link to boat here:

docs.google.com/file/d/0ByPudmUjZep-dWdkaVN3NDZxbGM/edit?usp=sharing




sandrover
sandrover
QLD
1 posts
QLD, 1 posts
16 Mar 2013 6:47pm
This thread is a great idea as I (we) intend to return to sailing soon so will be in the market for a cruising yacht later in the year. I will certainly add to it as the search intensifies!
bubble7777
bubble7777
QLD
191 posts
QLD, 191 posts
17 Mar 2013 12:38am
sandrover said...
This thread is a great idea as I (we) intend to return to sailing soon so will be in the market for a cruising yacht later in the year. I will certainly add to it as the search intensifies!


cheers it will only work if people get together and post their information. the auctions in brisbane are only monthly so it can be a slow process gathering information as a single person. ill update some more if they sell at the auctions next month. in the mean time hopefully theres some interest in this idea and people add to the list
keensailor
keensailor
NSW
702 posts
NSW, 702 posts
17 Mar 2013 8:33am
bubble7777 said...

knowing that a boat is worth as much as someone is willing to pay for it, i thought that i might start a thread that captures some known sale prices.

the only place in my mind that captures boat prices is auctions and friends of friends you may know that just purchased their new dream

Ebay seems ok but time and again the same sold boats popup that have previously been sold it seems either buyers pull known they paid to much or maybe the seller was shill bidding and bought their own boat!

please add your own knowledge and post an archive of the for sale advert if you can as it will obviously disappear shortly after the boat is sold.

anyway i thought this might be a good idea and ill add more as i go to more auctions over the coming months.

so the first off:

Arends that was sold 16/3/13 for $65,500

link to boat here:
docs.google.com/file/d/0ByPudmUjZep-Y2RSTUROT1ZNV2s/edit?usp=sharing

2009 DELPHIA 40 was sold 16/3/13 for $170,000
link to boat here:

docs.google.com/file/d/0ByPudmUjZep-dWdkaVN3NDZxbGM/edit?usp=sharing







I know the Arrends is a nice boat but for $65 you would like to think the standing rigging is less than 2-3 years old (as it needs replacing at 10) and that the motor is less than 10 years old and very well maintained. Otherwise a few years after spending $65k you could be up for another 6k for rigging and 10-12k for a new motor. Jusy my 2c :)
Ramona
Ramona
NSW
7752 posts
NSW, 7752 posts
18 Mar 2013 10:13am
The Adams 31 sold on Ebay for just over one thousand dollars!
claverton
claverton
NSW
165 posts
NSW, 165 posts
18 Mar 2013 7:46pm
Re the Arends that sold on weekend for $65.5K, if that's the one that sold at auction in Brisbane I don't think that number includes the buyers premium fee of 8.25% which would take the sale price up to $71K
bubble7777
bubble7777
QLD
191 posts
QLD, 191 posts
18 Mar 2013 9:35pm
claverton said...
Re the Arends that sold on weekend for $65.5K, if that's the one that sold at auction in Brisbane I don't think that number includes the buyers premium fee of 8.25% which would take the sale price up to $71K


yes that was the arends.. and your right, i forgot the buyers premium! amended first post.

edit: i cant edit the first post
Prawnhead
Prawnhead
NSW
1317 posts
NSW, 1317 posts
21 Mar 2013 4:59pm
this looks a bit cheap for an S&S 34

http://www.ebay.com.au/itm/Yacht-S-S-34-/190812663126?pt=AU_Boats&hash=item2c6d522d56

although the reserve has not been met so i assuming the actual price will be higher
MorningBird
MorningBird
NSW
2707 posts
NSW, 2707 posts
21 Mar 2013 6:19pm


That is because it isn't an S&S34. It might be but it is not likely to even be an S&S design noting the consistency S&S designs have and that this boat does not fit the S&S shape.
The link shows an S&S34 bottom sides or check the S&S34 Association website at:
www.ss34.org/
The sellers are lying to try to cash in on the S&S34 name. It is quite common to see boats falsely advertised as an S&S34.
cisco
cisco
QLD
12365 posts
QLD, 12365 posts
22 Mar 2013 11:57pm
I see Morning Bird has the engine over keel and smaller rudder with no lower counter balance.

That is pretty much the way Cicely June is. Is she also the Mark 1 single spreader rig with 4 lowers?

The engine over keel configuration with the propeller just behind the keel is a brilliant design concept from Olin Stephens. Maximum efficiency for the propeller with much tolerance with engine to prop shaft alignment.

I have been doing some good work on CJ (or Sea Jay) this week.

She has been sitting in the hard stand for the last 3 1/2 years waiting for someone to make a decision. So I have made it. Scrubbed out the anchor locker, fwd cabin and shower and head area.

Uncoupled prop shaft, removed drive flange, removed prop shaft and then prop, reconditioned stern gland, wire buffed prop and touched leading edges up with a file, replaced coupling bolts and drive key, checked tapers and linnished bearing and gland areas of shaft with emery tape.

Removed alternator and raw water cooling pump, removed hoses and anode plugs and flushed cooling system with fresh water. There was some white and black crap came out of that after the engine being sitting idle for more than 5 years.

The engine is a Yanmar 2 QM 15 or 16 and seems to have less than 1000 hours of usage from log and hour meter.

So with me on the hand crank and old mate Terry on the decompressor lever, we tried for a hand start, twice or more. Not a chance. To start with it is a cack handed rotation and the clearance of the crank with other parts of the boat are such that removal of a thumb nail or tip of a little finger is almost assured. Add to that a 16 to 20 compression ratio in the engine, then a 100 CCA battery became a necessity.

The 100 CCA battery did the trick and started it on first compression.

The starting of the engine accomplished, we ran it for 20 or so minutes at the full range of revs with just a trickle of water and no part of the engine or exhaust manifold became more than warm to hold one's hand on.

So there it is, the yacht is near ready to be launched as a motor boat; I have a correct mast that needs to be rigged and stood (cost about $4,000) and I have fallen in love with the boat all over again.

The conundrum is that I have a $1,000 deposit and a verbal agreement for a sale settlement on 1/4/13 at $16,000.

I also have a steel Van De Stadt 34 about 100 km away from me in Maryborough on the hard stand that recently got flooded inside up to the deck that needs about the same amount of money spent on it.

Which one is the keeper????
Ramona
Ramona
NSW
7752 posts
NSW, 7752 posts
23 Mar 2013 10:31am
cisco said...

Which one is the keeper????


I would have liked a strip planked Van de Stadt 34 but not a steel one. To me the mark one SS34 is the obvious choice. All the bones are there. Just get rid of that bulkhead with the weird trim and stick with a classic interior.
MorningBird
MorningBird
NSW
2707 posts
NSW, 2707 posts
23 Mar 2013 4:15pm
A bit of work and CJ is worth a great deal more. No surprises there. Keep her. She has a pedigree and a history.
Although the last Swarbrick built S&S34, MB is a standard Swarbrick Mk1, skeg hung rudder, early keel sweep back and single spreader rig. The engine in the centre is great but does mean a longish shaft, a bit more shaft noise and a need to avoid slamming the throttle either way.
The best balanced boat short of expensive modern craft, such as YENDYS the TP52 I crewed back from Southport a few years ago.
On topic, crap S&S 34s have been selling cheaply and then having lots of dollars spent on them. What is a good one worth?
cisco
cisco
QLD
12365 posts
QLD, 12365 posts
24 Mar 2013 2:34am
MorningBird said...
A bit of work and CJ is worth a great deal more. No surprises there. Keep her. She has a pedigree and a history.

On topic, crap S&S 34s have been selling cheaply and then having lots of dollars spent on them. What is a good one worth?


Thanks for the feed back G & J.

I am only spending 3 days or half days a week on her and not much money (less than I spend on grog) and at the end of each day's work the next step or job is clearly in mind and I have to ask myself "Why would I sell this yacht??"

I will post some pics of progress.

frant
frant
VIC
1230 posts
VIC, 1230 posts
25 Mar 2013 12:26am
cisco said...

The conundrum is that I have a $1,000 deposit and a verbal agreement for a sale settlement on 1/4/13 at $16,000.


Which one is the keeper????


where is the conundrum. If you have a $1000 deposit and verbal agreement for settlement then you have a legal and moral responsibility to honor your side of the contract or forever desist from the use of Cisco as a moniker.
cisco
cisco
QLD
12365 posts
QLD, 12365 posts
25 Mar 2013 1:23am
frant said...
cisco said...

The conundrum is that I have a $1,000 deposit and a verbal agreement for a sale settlement on 1/4/13 at $16,000.


Which one is the keeper????


where is the conundrum. If you have a $1000 deposit and verbal agreement for settlement then you have a legal and moral responsibility to honor your side of the contract or forever desist from the use of Cisco as a moniker.


Verbal agreements are not worth the paper they are written on.

The agreement was that he would pay a non refundable deposit of $1,000, I would draw up a contract that covered our situations, that he was to print out two copies, sign them and send them to me for signing and I would send him one back so that we each would have an executed contract with which each party could hold the other to specific performance of the contract.

One of the conditions of the contract is that the purchaser would assume payment of the yard fees from 27/01/2013.

To date I have received the $1,000 deposit only. There is no executed contract and I have had to continue paying the yard fees.

Please explain what you feel are my "legal and moral responsibilities" and how that affects my usage of "Cisco" as my moniker??

The way I see it that either party can walk away from the deal and there is nothing legally or morally the other can do about it.

If he walks away I am quite entitled to keep the deposit though I probably wouldn't.

If I decide to walk away, I would refund the deposit though there is nothing legally or morally obliging me to do so.
frant
frant
VIC
1230 posts
VIC, 1230 posts
25 Mar 2013 4:00am
Its your honor at stake. Doesn't actually bother me if you are not prepared to honor your word.
cisco
cisco
QLD
12365 posts
QLD, 12365 posts
25 Mar 2013 10:58am
Honoring an agreement is a two way street. To date I have honored my part and have given the other party every opportunity to honor his part.

One thing is for sure. If he does not pay me for it by the agreed date I will not be giving him the boat.
cisco
cisco
QLD
12365 posts
QLD, 12365 posts
27 Mar 2013 12:08am
I just sent the guy a text.

"No more pussyfooting around "name". I need to get on with my life. Settlement by April third or no deal."

Would that satisfy your moralistic stance frant???
ssc
ssc
1 posts
ssc ssc
1 posts
17 Feb 2014 8:08pm
Cisco:what was the outcome? exchange?
cisco
cisco
QLD
12365 posts
QLD, 12365 posts
18 Feb 2014 12:46am
Yes. They bought the yacht, all done and dusted months ago and I am still good mates with them.

I was just on the phone with them tonight and offered a couple of head sails I have to them for free. Not ready for them yet so I will just hang onto them till they are.
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