Originally Posted by rabbi
Unless you happen to own a boat which will likely increase in value.
Hmmm, seems to be a matter of perspective. If you are a European buyer looking at an EU boat, it's relative. As an American buyer my choices are wider. Would not make sense to pay more for used or new boat than I need to compared to other markets. As much as I lust after your European based Mahe, I can buy the same or newer boat elsewhere for less. I've been monitoring Cotemar's well preserved 2009 Mahe (pre Evolution) for sale
here in the states but with a growing number of competing boats in the market including ordering new, I wish him good luck.
Originally Posted by beauris
well there are always two sides to a coin... it might save the European boat industry as the USA is a very big market and we are becoming way more competitive...
Reality is that US sailing has been in decline for decades (but that's another thread). We Yanks are such a frenetic bunch, always in a hurry. Every day I see more trucks hauling new powerboats on the US interstate highways. Our boating
industry is growing again but it's not sailboats. The Marion, SC Beneteau
plant ships the majority of the Oceanis
Originally Posted by BelizeBound
Walkabout, Do you know a lot about the Charter
Deals? when My Lagoon 400
S2 Finally arrives in BVI is that I own 55% of the vessel in a Joint LLC & paid $270,000 for an all options included Cat. Charter
company pays everything... I pay Nothing. She stays in charter for 5 years, where I get 12 weeks/ year use. 2 weeks in Prime Time, & I am allowed to sell 3 weeks of the remaining 10/ year as long as I don't use a 3rd party for advertisement. I own the Cat at the end of 5 years for $1.00. Personally I don't care if they Ever Charter it as it has no effect on me.. Have you had any experience with this scenario?
Not what it seems. Your unique scenario makes this choice work for you including the Belize
condo that you already own, your ability to take that much time away from your occupation, and your future plan to keep this boat for five years after the charter is up. If any of those things shift, it also changes the plan benefits. If you had to sell the cat before or just after the charter contract
is up, that boat must compete with others in a wide market. If I was looking for that cat in five years my choices would be more numerous than they are today simply because production appears to be adding more boats into the global market. BUT, I like your benefits package as its setup for you. Hope your plan delivers. In 2004 I owned two condos and a cat on a Gulf of Mexico
barrier island on the NW Florida
coast weathering two Hurricanes but not surviving the economic meltdown. It's all history
now. Variables = Increased risk.