I know I'm always banging on about eBay but if you ever wondered about the used yacht market values check this out!http://www.ebay.com.au/itm/320963655417?ssPageName=STRK:MEWAX:IT&_trksid=p3984.m1423.l2649
I can remember this boat for sale over 60 grand! Why bring in a boat from overseas?
Last week there was a fibreglass 505 on a galvanised trailer, broken axle that sold for just over $80 !!!!!!!!!!!
The second hand yacht market is totally knackered.
The current financial climate has to be the major factor but not the only one.
From what I am hearing around the traps, Bum's Bay is no longer an option in Queensland at least.
If your boat is not insured marinas will not allow it in as the marina's insurance company will void their insurance if uninsured vessels are tied up there.
So then if you opt for Bum's Bay you get about ten days before the water pigs tell you to move on.
With the cyclone that barrelled Port Hinchinbrook and the floods in Brisbane and Bundaberg, insurance premiums have rocketed north. It costs me $325 per year to insure my son's rowing scull for a mere $7,000.
There have been over 1000 lookers at my ad for the S&S 34 at $18,000 on Yacht Hub but only 4 phone calls. I will not give it away so I am building a cradle and having it put in my back yard.
That Dunc 35 looks like a great deal. How low will it go?????????????
I suspect it might have a major defect not revealed in the ads. Has anybody asked the seller for a condition report?
