Selling a Catamaran in Australia

[Martin Haupt]

Sorry floyd, but what has the exchangerate AUD/EUR to do with the differenz between ask and sell?

[floyd]

Originally Posted by Martin Haupt

From an European point of view, when I watch the Australian yacht market on the Internet, I'm a little surprised about the high currently asking prices.

Sorry, I did not quote the right sentence.

[44'cruisingcat]

Originally Posted by Martin Haupt

Thank you all for your helpful advice. From an European point of view, when I watch the Australian yacht market on the Internet, I'm a little surprised about the high currently asking prices.

Has someone an idea, how much percent on average the actual sale price is lower than the currently asking prices?

Martin

The Aussie economy is in much better shape than most, so while prices have fallen, it hasn't been as dramatic as elsewhere.

[ClearHorizons]

With regard to the actual sell price, it depends on how much time you have and where you are. A friend sold his boat for a deep discount (between 20 and 25%) but he needed it sold and it was the first serious buyer to look at his boat.

Some of the boats sit on the market for a long time. Others sell fast because the buyer is looking now. East coast is definitely a larger market than the other cities.

It is impossible to forecast as our economy is limping along with signs that we are in recession which is disguised by a vibrant mining market.

[tuskie]

Originally Posted by Martin Haupt

From an European point of view, when I watch the Australian yacht market on the Internet, I'm a little surprised about the high currently asking prices.

Has someone an idea, how much percent on average the actual sale price is lower than the currently asking prices?

Martin

Yes Martin, many Australians are surprised at the high asking prices too! That's why you'll find them buying in the Carribean or the Med. Many of the Australian boats with high asking prices have been on the market for over 12months and the owners are not highly motivated to sell. If somebody pays their price they will buy another boat (probably overseas!), but if not no worries.

To try to help you, a 2005 Lagoon 380 in good condition will SELL for between A$200,000 to A$250,000. There are ones with higher asking prices, but not selling. Compare that with similar SELLING prices internationally, and perhaps our market still commands a premium price?

There are Seawind 1160s on the Australan secondhand market of similar age whose owners are asking over A$500,000. THEY are dreaming!

[Factor]

Originally Posted by tuskie

There are Seawind 1160s on the Australan secondhand market of similar age whose owners are asking over A$500,000. THEY are dreaming!

They may be dreamin but the the good ones sell and sell for good prices.