Ridiculous Seawind 1160 Prices

[dirkdig]

Just compare the boats and prices to the French offerings, that tells the story, even after shipping around the globe.

[cat man do]

Originally Posted by 1paulg

Never compared the cost to my boat ..nor did the original poster for that matter ...even current owners seem to agree they are a little pricey....

And I would agree, they are pricey, but not as much as some.
I find it somewhat humorous that someone with an arber would be thinking they were, after all, if you have a Shawn built boat you have possibly one of the priciest of all Australian catamarans, for what it is,
Some would say excessively so.

Been smoking something too strong ...?

Not at all , why are you selling?

[Morrissey]

You get what you pay for. You can likely buy a cheaper boat. You might have to spend the difference to bring it up to spec.. all depends on taste & particularly the extent and quality of systems installed.

[Factor]

Originally Posted by dirkdig

Just compare the boats and prices to the French offerings, that tells the story, even after shipping around the globe.

It certainly does - a Lipari 41 (which is in fact 39 and a poofteenth long) is within a couple of drinks of a Seawind 1160. Equipment levels are broadly similar. There are those who can see more value in one boat over the other. But the new prices are very close. The helia 44 (which is 43 and a half foot) is understandably more expensive than a 1250, more so if you add in the standard inclusions on the 1250, but the helia is 2 and a half foot longer. Specced the same there is about 100k dearer for the helia. For some that may represent good value for others - not.

I am not dissing FP here or even trying to dollar for dollar compare, just pointing out that new prices for Seawind are ball park. If used prices are higher - well maybe that says its own story.

[Strikhedonia]

While Seawind 1160 prices have been declining recently, I thought of something else yesterday - what is the cost for the US owners who are trying to sell their boat? Of the three that I have been following, all have been on the market for 18-24 months (and none have sold) so while the prices might be held high, it is not without a cost:

• Marina fees (on the hard) and insurance must be $8k - $10K
• Lost earned income if you had $400k invested - another $24k
• Maintenance (even on the hard things deteriorate) $2k - $4k

Per year you are looking at $34k to $38k
When you sell the boat (assuming you use a broker) that is another $40k

So if it takes two years to sell you are looking at $108k to $116k. OUCH!

Other catamarans seem to sell quickly when priced right. Does anyone know the last time a Seawind 1160 sold in the US or Caribbean?

[smj]

Originally Posted by mnfish

While Seawind 1160 prices have been declining recently, I thought of something else yesterday - what is the cost for the US owners who are trying to sell their boat? Of the three that I have been following, all have been on the market for 18-24 months (and none have sold) so while the prices might be held high, it is not without a cost:

[*]Marina fees (on the hard) and insurance must be $8k - $10K[*]Lost earned income if you had $400k invested - another $24k[*]Maintenance (even on the hard things deteriorate) $2k - $4k

Per year you are looking at $34k to $38k
When you sell the boat (assuming you use a broker) that is another $40k

So if it takes two years to sell you are looking at $108k to $116k. OUCH!

Other catamarans seem to sell quickly when priced right. Does anyone know the last time a Seawind 1160 sold in the US or Caribbean?

Some good figures there except for the lost income. Would love to find a safe investment that pays 6%!

[Strikhedonia]

I remember a time when people thought 8% was reasonable, man I wish those days would come back...

Back on track, even with a 3% return (definitely reasonable):

• Marina fees (on the hard) and insurance must be $8k - $10K
• Lost earned income if you had $400k invested - another $12k
• Maintenance (even on the hard things deteriorate) $2k - $4k

Per year you are looking at $22k to $26k
When you sell the boat (assuming you use a broker) that is another $40k

So if it takes two years to sell, you are looking at $84k to $92k - still hovering around $100k to get a Seawind sold.

I'm thinking that for Seawinds to sell in a reasonable time (3-6 months), for a boat in good condition, the price would need to be $300k to $325k. However an even lower price might be needed to move a Seawind, since the January auction failed to get any bids at the opening price of $325k (which surprised me).

[tomfl]

Originally Posted by smj

Some good figures there except for the lost income. Would love to find a safe investment that pays 6%!

Have to agree that it is hard to find a good place to park money. I have never seen a US economy like this one. Prices for lots of goods (cruising cats included) are very distorted. But a good boat does have intrinsic value, even in a crazy economy.

[1paulg]

[QUOTE=cat man do;1145284]And I would agree, they are pricey, but not as much as some.
I find it somewhat humorous that someone with an arber would be thinking they were, after all, if you have a Shawn built boat you have possibly one of the priciest of all Australian catamarans, for what it is,
Some would say excessively so.



Your reasoning is irrational -doesnt matter what I own to have an opinion on what represents value for any given price
fyi i bought my boat second hand

[cat man do]

Originally Posted by 1paulg

Your reasoning is irrational -doesnt matter what I own to have an opinion on what represents value for any given price
fyi i bought my boat second hand

My reasoning is irrational?
You are here complaining about what represents value when your own "second hand" vessel at 46 ft seems to have been bought for around $850,000
ARBER SOU'EASTER 46 2005 For Sale in New Zealand $850,000
To most, that probably wouldn't represent value.
Especially when in a similar size and larger there are a multitude of vessels for hundreds of thousand of dollars less.
2005 Schionning 14.8m $450k
2008 Schionning 14.8m $595k
Fountaine Pajot Marquises 56 $525k

Paul, like I said, I dont mind the arbers but your derision of the seawind based on "value" has a bit of a Pot kettle black ring to it.

[1paulg]

Originally Posted by cat man do

My reasoning is irrational?
You are here complaining about what represents value when your own "second hand" vessel at 46 ft seems to have been bought for around $850,000

Paul, like I said, I dont mind the arbers but your derision of the seawind based on "value" has a bit of a Pot kettle black ring to it.

I am simply agreeing with what some others (including owners ) have stated.....
By your argument anyone who doesnt own a similar priced vessel shouldnt have an opinion... in actual fact you have no idea what I paid for mine..
As they say...no point arguing with a fool...

[cat man do]

Originally Posted by 1paulg

in actual fact you have no idea what I paid for mine..

Well, regardless of any discount you MAY have got, it still would have been considerably more than other similar sized vessels.

As they say...no point arguing with a fool...

Finally we can agree on something

[dirkdig]

What is the most a seawind has ever sold for new?

[Sand crab]

Here's a new 2012 (2013) 1250 for $634.177 in the states. It is a platinum Xpac. I wonder how that compares to a similar L440?
Used Catamarans | Used Trimarans | Yachtworld.com Sailboats for Sale | West Coast Multihulls

[jostalli]

Originally Posted by Sand crab

Here's a new 2012 (2013) 1250 for $634.177 in the states. It is a platinum Xpac. I wonder how that compares to a similar L440?
Used Catamarans | Used Trimarans | Yachtworld.com Sailboats for Sale | West Coast Multihulls

West Coast Multihulls does not price realistically so I wouldn't use them in a price analysis.

As it turns out all Seawind prices are ridiculous. Where are the threads "Hey new Seawind owner here!"? There aren't any because evidently nobody is buying a Seawind.