Aussies Don't Complain Boats Are Too Expensive

[ausaviator]

Look at this gem!

Maurice Drent Australasia: Boats for Sale

[Morrissey]

Ok, I'll bite! It looks too good to be true.....so what's wrong with it? Did it drag anchor and get a bit roughed up during the cyclones earlier this year?

Hmm, no engines just some electric egg whisks. Raymarine electronics..... Looks like very basic fitout charterboat. If everything that should be there is either missing or cheap/rubbish then you will easily spend +100k on getting it set-up to cruise /liveaboard.

[ausaviator]

It went under contract 10 minutes ago.

It wasn't mentioned in the advert, however it was punctured in cyclone Yasi and half sank. New electrics, new lounge and some furniture. Diesels were removed and replaced with electric engines. Phone didn't stop ringing for the last month that it was been advertised. Suspect it was a tad cheap!

[MarkJ]

That is a very good price!

Wonder if its been on the rocks?

Or maybe someone just needs to sell quickly. Could be a great one to look at.

[Morrissey]

Ah so! Holed and half sunk. Being sold by insurer? Or Owner?
But might be OK for someone who could source a pair of cheap engines with tools/skill to set up. You'd also want a thorough look at what else drowned. Bear in mind $450k would likely get an imported one.

[ausaviator]

It has already been repaired and it in A1 condition (and is sold).

Sounds like someone bought it from the insurance company or a similar arrangement and re-fitted the electrics and electric motors.

[MarkJ]

Originally Posted by ausaviator

It has already been repaired and it in A1 condition (and is sold).

Then the price wasn't cheap, it was correct. Banged boats lose value.
I hope the buyer is someone nice who will have their cruising dream come true at a price they wouldn't have been able to otherwise afford.




Mark

[Morrissey]

Agree Mark. Not "A1" in my view, even if quality repairs. I hope none of the pretty woodwork swells/falls off etc, and good luck to new owners.

Glad its sold though as I was getting tempted! But I would have been s##t scared of issues arising in a little while, requiring much time and $$$ to put right.

[Aussie_Sequoia]

It was still expensive to me. I'm in the US right now and looking at hundreds of affordable monohulls that would have been twice the price and half the quality in Oz.

[Teeto]

You still end up with a Lagoon.....

[DtM]

That may be and there is nothing wrong with a Lagoon.

We often see odd boats out on the water and everytime we comment "well at least someone is getting pleasure and is out on the water."

Good luck to the new owners.

[maxingout]

I have not found any good cheap boats. I have seen lots of expensive bad boats.

[Sabbatical II]

Well, it could be a bargain. But, do you need to put a small fortune away in case of unrepaired or undetected water ingress into cored hull? or any other issues that may be expensive? At best, I think it is good value. At worst, an insideous nightmare quietly developing. Buy boats like this only if you can afford the risk!

Greg

[D&D]

Originally Posted by DtM

That may be and there is nothing wrong with a Lagoon.

We often see odd boats out on the water and everytime we comment "well at least someone is getting pleasure and is out on the water."

Good luck to the new owners.

What DtM said!

[tuskie]

Originally Posted by G.E.L. Korea

Full option based Fusion 40 sail cat with 29HP Yanmar engines for export is approximately US$700,000 plus shipping.

Moderators note:

Since Tuskie posted this I have moved GELs post to the commerical forum as he is clearly advertising, Pete7

Gosh! Gee! ONLY US$700K plus shipping. Sticking my neck out here, but I can't see Korea's export sales of Fusion 40s eclipsing those of Hyundai automobiles in the foreseeable future.

There you have it Ausaviator: catamaran prices aren't only expensive in Australia.

Even with a free trade agreement with the EU I can't see "la crue productiene" at Lagoon and Fountain Pajot hanging up their work berets just yet.