TAKING A DIFFERENT APPROACH - MAKING THE SECOND HAND YACHT MARKET WORK FOR YOU.
Prepare yourself and keep an open mind, this is an unconventional way of looking at yacht ownership.
As the owner of a yacht you will understand that currently market conditions are in your favour. Second hand yachts are selling and frequently owners are finding themselves with the upper hand as regards price negotiation.
With this in mind, we are asking you to try to be objective and think of your boat as a financial asset rather than the cherished member of the family it really is.
At Boatshed we understand that this isnt always an easy transition to make. Neil Chapman (Boatshed MD) explains:
‘I often talk about the ‘boat ownership reward curve’. Boat ownership comes with its ups and downs as we all know. Give me a glorious summer day reaching across the Channel in 15 knots of warm and pleasant breeze onboard our ketch Supertaff and I’m right at the top of the boat ownership reward curve, but come mid-January when the boat is in need of a new steering parts, and yet another antifoul job and it’s fair to say I am towards the bottom of the curve!
The point is that the appeal and affordability of our boats goes up and down over time depending upon our individual circumstances – the number of boats parked-up in marinas and on rivers for long periods each year bears testament to that. They were all loved once; still are at certain times, but their appeal to their owners understandably fluctuates throughout the ownership journey; hence the ‘boat ownership reward curve’.’
When as an owner you eventually make the difficult choice to sell, the decision is frequently driven by a financial need. You may plan to upgrade your boat or retire from boating entirely but after you have made the decision and before your boat sells, the costs involved in storage and maintenance can still be relatively high and the time taken to sell could be restricting your next move.
At Boatshed we like to put the owner in the driving seat and empower you to be as in control as possible in determining when your boat sells and for how much. So, why not have you boat advertised as permanently for sale on the basis that you will consider any offer that is made, but (and here’s the clever bit) you will only accept an offer and sell when and if it so suits you to do so; ie when your boat owning experience is, perhaps, towards the bottom of the curve?
Boatshed will photograph, video and market your boat using the full suite of Boatshed tools and techniques, free of charge. We won’t reveal your boat’s exact location or name so that only you and us will know that your boat is for sale. You can continue sailing for as many seasons as you like and when we receive an offer we pass it on to you to consider. We will happily decline any offer on your behalf if you are not ready to sell and keep on marketing the boat until you might be. There is no cost, no time limit and no obligation to you.
As Neil explains:
‘I love my boat: had it for years and sailed thousands of miles in it with my wife and dogs.I doubt I’ll ever sell it – well, not for years anyway – but you never know? If someone happened to offer me the right price at just the right time I might sell and step up to that beautiful Swan ketch I keep looking at on Boatshed…..or I might not. The point is with this Boatshed service, the choice would be entirely mine.’
If you are interested in finding out more……