If you are a non-EU citicen, you will be better off to get a vessel out of
charter, because VAT is not paid and therefore cheaper for you to buy, however you may have to add costs and
import duties according to your jurisdiction..
If you are in the EU, you either look for VAT paid, or have to calculate 20% on top of the price when
buying. That is the reason why ex-charter look so
cheap in contrast to private yacht sales. Also a 3 berth OW sells at a premium of 15..20% to a charter version.
Our was 2013 400S2 OW, fully equipped with A/C,
watermaker,
inverter,
generator, 40hp engines, folding props and all available options factory installed and working as we boght it - including VAT - and paid 315k 1 year ago. We tried to get a cheaper one for 260k, but there was only the basic charter setup and 20% VAT on top, that would have added 45k on top, we tried to negotiate and made an offer, she was sold the next day, there was one 400S2 at the Seyshelles 4
cabin ex charter for 240k without VAT with some
maintenance backlog, also a 421 in Croatia around 240k, ex-charter with one
engine dead.
So not much depreciation.
A 2012 L400 is two models behind the
current one, there is a higher depreciation of course, the 421 is even older and they sell around your budget if you find one. Check if there is still the hybrid inside or if she was reversed to
diesel. A L410 or L380 may fit your budget, also keep in mind, there are additional costs looming for
haul out,
survey, marina
fees,
refit, antifouling etc. I would reserve a budget of 20..30% of the price for refit and
repairs after
purchase.
I know the Ocean Fox too, they have been very lucky to get her at this price point. She has a good set up,
electric winches, but the basic weaker engines, fix props, no A/C, no
generator, but with bow-spead and
code zero and I think
electric heads, it is a 400 before the face
lift.
I am not saying you cannot find somebody to sell
cheap, but then there may be issues with the boat, because owners and
broker do know the market and there are more buyers than
boats.
Linear Mode
Recent Discussions