Don't buy an ex-charter sailboat! Episode 204

Don't buy an ex-charter sailboat! Episode 204 - Lady K Sailing

Рет қаралды 68,577

Жыл бұрын

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This week we look at buying a charter sailboat!
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Пікірлер: 182

@portsailingschool6760 Жыл бұрын

I have been involved with the charter business in the US and BVI for 20 years. First hurricane damaged boats are still being sold off. The bad ones were totaled out by the insurance companies. This is usually disclosed. I have a former Mooring 43 ft boat for 7 years. When purchased it had 3100 hrs on the yanmar engine. Today 7000 hrs. Maintenance is key. Spend the money and see the boat before buying it. Line up two or three boats to see. Recommend looking at the BVI and St Martin charter bases.

@karllewis735 Жыл бұрын

Timely video. I'm going with some friends, in the not-too-distant-future, to charter a Beneteau from Moorings in the BVI, and part of the point of that is to check out the boats, and see if I'd be willing to buy one, when Moorings offers 'em. And, yes, my plan would involve buying a boat and

@sunmist4421

As a postscript, I would point out that my comment is based on experience of large U.S. owned charter companies, I don't want to bash every charter company out there. In the U.S. it's always profit first, and no concern to the future ! Cheers.

@jaysawyer1137 Жыл бұрын

Another good video-- but I would disagree with the charter mantainance point. I chartered 15 times with the BVI Moorings/Sunsail/Footloose and mostly they only maintained on an emergency basis. They only took care of issues when they had to and if they were even informed by the guests leaving. Virtually every boat had things wrong with it that annoyed us. I felt that the boats aged very rapidly compared to the U.S. Also it will likely be important for the new owner to find a reputable smaller local charter company to maintain the boat or a marina to dock the boat when you are gone. There will be a lot to work out when you take ownership. Still, it can be a good avenue.

@maurol.3731 Жыл бұрын

Hi Tim, fascinating topic ... I have nothing against charter sailing ships but, having sailed for over twenty years with charter sailboats, I know what most of those crews need. Many berths (to lower the cost per capita ...), little attention to the use of the boat (you pay the insurance ...), and coastal cruises (Caribbean, Virgin Islands, Bahamas, Greece, Croatia, ...). Now, those who are about to buy their own boat to sail for a long time and/or live aboard for many months each year, do not have any of the requirements listed above. Therefore the problem with most charter boats is not the quality of the boat (... even if many are almost thought of as "disposable" ...) or the maintenance but, it is simply that they are not suitable for private use as a couple, sometimes with children or friends. That's it, from my point of view. Thanks for your exciting videos

@k3fuller765 Жыл бұрын

You didn’t mention a very important thing in my opinion which is use of the engine at low rpm and no load to charge batteries = high engine hours. that’s all bad for the diesel Engine So you have a fairly new hull with an engine that’s probably has at least 3000 hours.

@sergest-pierre6160 Жыл бұрын

I’m ok with charter boat and it might be what I will buy. I did charter boats several time and they are not properly maintain. The smaller the base, the less maintenance boats receive. Proper surveys is mandatory.

@svaqua6525 Жыл бұрын

I had a great experience buying a phase out from the Moorings almost 10 years ago...25k sea miles later, no regrets.

@dougfitch3649 Жыл бұрын

I think that rather than spend money and stress on maintaining a boat, I will instead fly to a different part of the world each time, cruise around in a new ish boat, and hand back the keys to go home. For my needs, this is better than ever owning anything.

@cjgrabell Жыл бұрын

This is not accurate bought a 38 Beneteau charter 1991. The boat is outstanding. Overbought stainless steel rod rigging amazing. Just have a good survey.

@1sailfast Жыл бұрын

I purchased a 5 year old charter cat from a leading charter company this year. I think you overstated the quality of the maintenance and repairs- these boats need to be turned around on a schedule with an overloaded maintenance staff, and repairs are done by talented people but in the quickest manner. Often they don’t have the parts they need at the charter base, so they borrow parts from other boats make one ready for a scheduled charter. They order the parts to backfill the “borrowed” part but life happens and there are always boats missing parts. The phase out boats are backlogged due to labor shortages, and might expediently become parts boats until the actual phase out is started. Then you must to hope the surveyor notices (or you notice) that a trim piece , screw cover or pot retainer is missing so it can be replaced during phase out. Also, phase out rarely if ever happen on schedule. The particular base my boat came from was backlogged 6-9 months and HQ kept sending more boats for phase out from other bases that were even more backlogged. The charter base staff are overwhelmed and trying to please everyone (buyers, charterers, owners, management). It’s a high pressure situation and I feel badly for them. They live in paradise but work very hard under a lot of stress.

@seanosiris76 Жыл бұрын

Nice! We picked up our Jeanneau SO 49i from a Turkish Charter company known for their up keep, actually that's why they are 1# in turkey, they even varnish interior companion way stairs if it needs it. We got it a year ago, gave it a compound and polish, replaced standing rigging for insurance ($8K) new batteries ($2K), new cutlass bearing, bottom paint, replaced one of the refrigerator compressors, replaced the water drinking filters, engine oil, engine coolant flush, transmission fluid, adjusted alignment on the motor to shaft coupling, replaced running rigging, purchased an outboard, and picked up a down wind cruising chute! We picked it up on sight after flying in for survey and now chartering it ourselves during the summer, and exploring the Med in the off season. oh yeah forgot to mention, better ground tackle is a must!! more Chain and at least a Rocna is required!! If you get a survey out of the water, you should be good, there were minor cosmetic dings here and there on the deck gelcoat that we patched up quick, also there was interior dings here and there so you can expect the same but they are relatively easy to fix. I think the hard part for most folks in the US & Canada would be the distance, then shipping it or hiring a captain to bring it home. My last recommendation is if you do plan on doing that make sure you get any work requiring any labor done outside of the US and Canada as labor rates a a fraction of US for anything "Marine" related... for example to replace all cockpit teak here in Turkey was quoted at $4200 Euro, in the PNW USA, it would be around $25,000 USD!

@ayates3562 Жыл бұрын

My friend bought a hobie 16. Former rental. We took it out in good wind and broke it in half. Broke under the mast.

@neilmoores8163 Жыл бұрын

Great video.Currently the owner of my second Sunsail boat. Both Beneteau. Cruised the first for six years after i owned it while it was in the sunsail fleet, BVI. When they finish charter they are not pretty dock Queens. Sunsail speck out the boats from the factory with what they feel will be the most robust options So rarely do you see things like in mast furling. If you plan on using the boat as a pretty dock queen look elsewhere. However if you plan on cruising there are great platforms to add your personal touches. My Buddy with whom i cruised the islands with for six years bought a 2006 Beneteau which was a dock queen. He had 56 hours on his engine i had 5000 when it finished its charter life. I had significantly less engine trouble. PS Rent a sister boat to what you plan on purchasing. Money well spent.

@alaninglis1924 Жыл бұрын

Excellent commentary on buying an ex charter yacht, as a skipper of hired charter yachts in the Mediterranean for over 20 years if did toil with the idea of buying my own charter yacht and doing my charters with my own yacht, but never eventuated, as my formula was running smoothly, based in New Zealand most of my clients were from NZ and Australia, my package included airfares, hotels, yacht charter incl most food and expenses during a 21 day charter usually from Athens to Rhodes visiting 14/15 Greek Islands, so my 40 years of skippering yachts was what my clients trusted me with when they booked on one of my trips. The other key factor was encouraging groups of friends up to 4 couples on 50+ foot charter yachts, each with own cabin and en-suite,this worked really well for many years, so the idea of buying my own yacht in the Mediterranean was not really an option. Thankyou for the opportunity to explain my experience. Kind Regards Alan Inglis

@edwardnigma2216 Жыл бұрын

If I had to do it again, I'd probably pay a little extra and avoid the moorings experience... Bought a used cat from em a little over a year ago... Made an offer in July 2021, was accepted, boat was supposed to be ready to go by Jul 12th so I could head south for the remainder of the hurricane season. Long story short, the boat wasn't ready until December for (insert lame excuse here) on account of the "phase out" stuff. I ended up going to the Moorings in the BVI for two weeks because I was tired of the excuses and pissed that they kept putting off the repairs. That said, I got a Leopard 48, for $370K and have had to put roughly another 75K in to it so far to fix all the stuff that their guys didn't get right during the phase-out..

@dahveed284 Жыл бұрын

You make some good points. The charter business has been such a driver of boat sales, that I think some manufacturers now specifically designing boats with the charter market in mind. If they can save $20k and make the vessel a little less heavy duty, that's going to be ok for the charter company because their boats only need to last 5 years and will never see blue water conditions (in the rental period). I have heard this as a possible reason why the Lagoon catamarans had insufficient bulkheads. Those bulkheads were likely fine for coastal sailing in gentle conditions, but were quickly overwhelmed when sailing in heavier weather offshore.