£1 Million Princess 60 - How much does it cost to buy and run this boat per year?

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Boats .co.uk

Boats .co.uk

Күн бұрын

Пікірлер: 460
@chrisoleary9876
@chrisoleary9876 2 жыл бұрын
These vids are absolutely great. Especially considering it's an opinion from a boat marketing industry professional. Anyone in the market for motor yachts will Love it! Thanks!
@Boatscouk
@Boatscouk 2 жыл бұрын
Ah thanks Chris 👍🏻
@buoyohbuoy790
@buoyohbuoy790 2 жыл бұрын
If this boat was initially sold back in 2016, does it mean EU VAT has been paid? If not, what would be the price of the boat ex VAT?
@Boatscouk
@Boatscouk 2 жыл бұрын
@@buoyohbuoy790 it is uk vat paid and can goto the eu with a uk for 18 month stints 😎
@thomasconneely1110
@thomasconneely1110 Жыл бұрын
You showed the crew cabin - would someone really have crew in a boat of this size? Didn’t mention in costs..? Would surely be better use as garage for toys in my opinion
@tripsteregypt8416
@tripsteregypt8416 2 жыл бұрын
Of all the people who review boats online, you are by far the most honest and critical. Helps that you're hilarious as well. Keep it up.
@patriciab3739
@patriciab3739 2 жыл бұрын
Totally agree :)
@Boatscouk
@Boatscouk 2 жыл бұрын
Ah thank you 🙏
@basstrammel1322
@basstrammel1322 2 жыл бұрын
It was refreshing, even if I like many of the other walkthougher's. The crew space part in this video for example, I can see what he means.
@tripsteregypt8416
@tripsteregypt8416 2 жыл бұрын
@Fred Basset Thank you. I know the Nordhavn specialist, very informative vids, but just so little content. Who is that technician you mentioned, if you don't mind sharing..
@captaindave47
@captaindave47 2 жыл бұрын
Unfortunately in the real world the depreciation is far greater than that, I was the skipper of a brand new Princess 65 flybridge yacht which cost us £1.1m and it arrived from the factory with 168 faults which took princess 3 years to put right. At the end of 3 years the boat was perfect and we sold her for £550,000. The owner had about 60 nights on board in all that time. They really are a huge hole in the water to throw your money into, but fabulous fun.
@spacewalktraveller1
@spacewalktraveller1 2 жыл бұрын
Wow, that was a lot to loose in 3 years. Just in depreciation that works out to 9,166 pound per night. Then you put your wage in, fuel, insurance etc that works out to a lot of money for one night. Spending all that money, it must have been an amazing amount of fun each night? You are right though, they are a huge hole in the water to throw your money into.
@captaindave47
@captaindave47 2 жыл бұрын
@@spacewalktraveller1 yes it does not make any sense to buy a new yacht, my advice would be to buy them at 5 years old when everything has been done to them all faults ironed out and lots of servicing has been done, they should still look new but for a third of the new price.
@spacewalktraveller1
@spacewalktraveller1 2 жыл бұрын
@@captaindave47 Thanks for the reply. I was surprised when you said the boat had 168 fault, I though Princess was a top notch boat builder and they took 3 years to fix the problems. I'll take your advise and get a second hand boat, otherwise you are throwing a lot of money away.
@darthkek1953
@darthkek1953 2 жыл бұрын
>>At the end of 3 years the boat was perfect and we sold her for £550,000 Was this during the 2008 financial crash or something? Was this part of a deal that might be partly money laundering? Similar models that are over 10 years old are currently going for a few hundred thousand more than that.
@captaindave47
@captaindave47 2 жыл бұрын
@@spacewalktraveller1 no it was before the financial crisis of 2008. We had it on the market for quite a while before accepting that offer, we were planning on buying a new 25 meter yacht but the owner for cancer and the family decided to get out of boating until they knew the outcome. I think that's why they took the low offer. It's always a buyer's market when it comes to boats.
@ijoseluis
@ijoseluis 11 ай бұрын
Again a demonstration that honesty is the best policy. This exercise shows your integrity. Thank you.
@Boatscouk
@Boatscouk 11 ай бұрын
🙏🙏
@philself1833
@philself1833 2 жыл бұрын
"This is a straight line curve" ..... Priceless - keep the vids coming
@Boatscouk
@Boatscouk 2 жыл бұрын
😂
@themanofmead5273
@themanofmead5273 2 жыл бұрын
Just like the horizon.
@PercyCot21
@PercyCot21 2 жыл бұрын
Love all the information, presented in a very likeable manner! For a man who lives the furthest from the water in Northants I love to see all of your content, keep up the great work 👍🏼👏🏼👏🏼👏🏼
@Boatscouk
@Boatscouk 2 жыл бұрын
Thanks Rory 😜
@MrDLYouTube
@MrDLYouTube 2 жыл бұрын
Just stumbled across this channel/video. Never seen a walk-though of a boat where a "floss-test" is done. I'm sold. Subbed. Also you are very funny and enjoyable to watch and listen too. Keep it up. :)
@Boatscouk
@Boatscouk 2 жыл бұрын
Ah thanks Dl.
@mareewalker1096
@mareewalker1096 2 жыл бұрын
This 60 and the 56 are by a absolute country mile the best value on the market for a family owner run boat! When you look at today's new boat prices this 60 and 56 are an absolute bargain! Both have kitchen and separate dianette plus a large saloon without it used as dinning like newer models that don't have a separate dianette seating! 3 great sized cabins beautifully crafted fast top speed if needed and fantastic outdoor space for summer! You can get into almost every marina! A lot of people don't realize A lot of marinas won't accept any boat over 60 feet! Princess boats don't age in the looks they are modern and elegant and timeless! Great video happy sailing all!! 🛥⚓and God bless all 🙏❤
@johnhunter5890
@johnhunter5890 2 жыл бұрын
Lovely boat James. The tour was as indepth as always. The salon is very spacious but the flybridge is awesome. The highlight of the tour was the breakdown of costing. Very seldom talked about, (almost never). Appreciate the info and tour, Thanks. Cheers
@Boatscouk
@Boatscouk 2 жыл бұрын
Thanks JH. More costings to come- seems popular !
@cstwong
@cstwong 2 жыл бұрын
Love all your videos. No BS and straight to the point. Thank you.
@Boatscouk
@Boatscouk 2 жыл бұрын
Thanks - keeps it simple
@thepathtomaine7187
@thepathtomaine7187 Жыл бұрын
Probably one of the most entertaining and yacht broker videos I’ve seen. Good job
@Boatscouk
@Boatscouk Жыл бұрын
Thank you
@r0bbyr0b98
@r0bbyr0b98 2 жыл бұрын
Great video. Ive never seen a video talking about the costs in such detail. We all hear the silly figures of superyachts, so to see figures for 60ft boats is realistic. Out of interest, what is the ratio of your customers who buy in cash vs finance to purchase a typical 60ft Princess?
@Boatscouk
@Boatscouk 2 жыл бұрын
A pleasure, I would say at the moment 50/50 but it changes monthly for lots of reasons 🤩
@gulag8735
@gulag8735 2 жыл бұрын
Well at that level it may be cheaper to buy on finance thereby maintaining your lump sum for investment at a higher rate of return rather than a boat of depreciating value.
@anyexpat
@anyexpat 2 жыл бұрын
@@gulag8735 Your higher rate of return is not guaranteed, your interest payments are
@gulag8735
@gulag8735 2 жыл бұрын
@@anyexpat true that
@peterbrameld696
@peterbrameld696 2 жыл бұрын
Really interesting, very well presented and easy to understand. Thank you James!
@owenpowers1695
@owenpowers1695 2 жыл бұрын
Great explination and socks James, i cant wait to get back out onto the water this summer.
@Boatscouk
@Boatscouk 2 жыл бұрын
Nor can I 😍
@gomezadams9900
@gomezadams9900 Жыл бұрын
Great Video and Great job explaining some of the costs, which I should point out are subjective. Obviously the fuel costs you mentioned would vary depending on how much cruising one does in a year. If you pay cash which I'm sure some people can do, then the financing and interest normally attached to it would be void. In North America as I am then berthing could be cheaper depending on the location and the Marina. Again some people might be berthing their yacht at their home which is located on the water front. Insurance I assume would also depend on whether you are a seasoned boater or new to the market. Having said all that I did like the fact that you gave your best attempt to make people more aware what the costs of ownership really are. Some things which I always look for which I think you didn't mention is; What is the beam length? What size is the black water and fresh water tanks. What is the cost of pumping out the black water tank? Thanks
@johningham4942
@johningham4942 2 жыл бұрын
Another informative tour James as always, it was both humorous and serious floss test and "shout" Windows included! It was nice of you to include the full cost of running a boat, not often seen by other yacht brokers James, must be a "first!"
@Boatscouk
@Boatscouk 2 жыл бұрын
Yes most brokers not keen to explain cost of the fun 😂
@Superdada
@Superdada 3 ай бұрын
Love your tours. Not sure why I just now got recommended this video 2 years late, but nonetheless glad I did. Beautiful boat.
@Boatscouk
@Boatscouk 3 ай бұрын
@@Superdada good one coming tomorrow 😊
@SISTIC1
@SISTIC1 Жыл бұрын
Really grateful for showing us running costs, definitely rules me out of “ever” owning a boat of this stature, unless I win the lottery.
@Boatscouk
@Boatscouk Жыл бұрын
Never say never
@spacewalktraveller1
@spacewalktraveller1 2 жыл бұрын
Thanks for the video it was interesting. Just one question. Why did you sit on the kitchen bench and read out how much it cost to run a boat? A kitchen bench is a place where you prepare food, not sit. Directly behind you was a very comfortable couch to sit on. Do you prepare your food on the couch at home?
@Boatscouk
@Boatscouk 2 жыл бұрын
I do sometimes sit on the galley top at home too 😜Apologies for my manners - i blame my parents !
@spacewalktraveller1
@spacewalktraveller1 2 жыл бұрын
@@Boatscouk Thanks for the reply. Don't blame your parents. You are responsible for your thoughts, feeling, emotions and your actions. You have no control over what other people do or say but you have full control over what you do or say. I wish you all the very best with your channel.
@kevinbanham2429
@kevinbanham2429 2 жыл бұрын
Thank for sharing James. Cost information was helpful and tour was fantastic loved the little bed roll in the master
@Boatscouk
@Boatscouk 2 жыл бұрын
😂
@jimmyzhao2673
@jimmyzhao2673 2 жыл бұрын
What is the Draft ? Could you do the great loop ?
@stevenwilsondrummer5956
@stevenwilsondrummer5956 2 жыл бұрын
Another top video James! I have to admit I’ve become addicted to your videos! Superb socks this time! I don’t think this would fit in Tollesbury Marina. All I need is a Riva Aquarama. That’ll do me!
@Boatscouk
@Boatscouk 2 жыл бұрын
Ah thanks Steve. We should get you down to do the drums and music on one of the videos on the flybridge 😜 hope you are keeping well 👌
@jonrd463
@jonrd463 2 жыл бұрын
Wonderful video! Would you happen to have fuel mileage if most of the traveling was done at displacement speeds? I'm guessing 8-12 knots for a boat like that, correct? I know that this type of boat is designed to cruise on plane, but for coastal cruising such as on the east coast of the US, many times it's more about the journey than the destination, so speed isn't really a factor except in cases of emergency or outrunning a storm. Thank you!
@Boatscouk
@Boatscouk 2 жыл бұрын
Yes it should use less than half that 😎
@darthkek1953
@darthkek1953 2 жыл бұрын
If that's your plan you're much better off getting a semi-displacement hull. You'll still be able to out-gun a storm but your displacement mileage will be a lot better.
@matthewlennard8697
@matthewlennard8697 2 жыл бұрын
ROFLOL. The "Floss" test. Loved the demonstration. I'll have to remember that, if I ever get opportunity to purchase.
@fritznjulie
@fritznjulie 2 жыл бұрын
thanks for the vids. any idea about how much to ship a 60 foot princess to ft. lauderdale? is the air conditioning suitable for tropical climates such as bahamas? thanks so much!
@craiggibson2062
@craiggibson2062 2 жыл бұрын
Thank you so much, really good video and answered a lot of questions for me personally. Like a lot of posters here are saying “if I had the money, I would buy a boat from you” you are searing honest 😀
@Boatscouk
@Boatscouk 2 жыл бұрын
Ah thank you
@Gainn
@Gainn 2 жыл бұрын
We still have a Princess 420 (several refurbs and tech updates in) and it's a great boat.
@tttttt3397
@tttttt3397 Жыл бұрын
Very useful info. The correct calculation of the cost is £146,000 per annum.
@anastassiosperakis2869
@anastassiosperakis2869 Жыл бұрын
Great video, I especially appreciate the cost calcs, although I think you left some major items out, such as the cost of supplies and food, crew costs if any, etc. Could you add them here or edit the video and add them in it? PS I was a professor of Naval Arch for 38 years (now an Emeritus prof) and taught these cost calcs all the time.
@Boatscouk
@Boatscouk Жыл бұрын
Thanks Prof. no crew on this in Uk - thanks for your nice comments 🙏
@thekaibenz
@thekaibenz 2 жыл бұрын
you’re underrated. I love your videos, sometimes funny 😆.
@Boatscouk
@Boatscouk 2 жыл бұрын
Thank you 🙏
@carrington2158
@carrington2158 2 жыл бұрын
James thank you for being so transparent very interesting video's.
@Boatscouk
@Boatscouk 2 жыл бұрын
It’s all I know 🙏
@thesillypig785
@thesillypig785 2 жыл бұрын
You only told me what I already know: I will never be able to own a yacht. Yet I thank you for this video :)
@OswaldCampbell
@OswaldCampbell Жыл бұрын
Love of mad socks, yachts, and mysterious shrinking jeans... kindered spirit there.
@abbasnasir8861
@abbasnasir8861 2 ай бұрын
How much would a Captain and deck hand cost in the Med per year? Thank you
@Boatscouk
@Boatscouk 2 ай бұрын
@@abbasnasir8861 £100k minimum
@izzzzzz6
@izzzzzz6 5 ай бұрын
You haven't changed much since school "See my socks" lol.... Great work. That screen reminded me of one of those invisibility screens people have been making.
@Boatscouk
@Boatscouk 5 ай бұрын
@@izzzzzz6 hiya - which school ? Widford or plume ? 🤓
@justcruisin109
@justcruisin109 Жыл бұрын
Appreciate the breakdown. I assume going slower (displacement speed) would be less savage on fuel but in the big picture wouldn’t make much difference. Cheers
@Boatscouk
@Boatscouk Жыл бұрын
Yes that’s right
@hardergamer
@hardergamer 2 жыл бұрын
The boatyards I work in, (or river) most just get red diesel delivered which costs between £0.90p to £1.25 a litter depending on how much you buy etc, But with the reforms now on when you get it delivered or from a fuel barge etc, you will need to get a duty rebate of 46.81PPL making diesel around £1.20LT.
@Boatscouk
@Boatscouk 2 жыл бұрын
Good price - more expensive in Essex at mo
@reefwiz99
@reefwiz99 2 жыл бұрын
excellent! So a $3M boat with a crew of 3... probably around 10%, 350-400k/yr... depending on how many engine hours and mooring costs, full time or part time crew...
@robertstancer4469
@robertstancer4469 2 жыл бұрын
At 18.51mins you state a "straight line curve". What is that please?
@Boatscouk
@Boatscouk 2 жыл бұрын
It’s a JB thing 😂
@markatchison9974
@markatchison9974 2 жыл бұрын
Just subscribed because I'm considering buying a boat. You've shocked me with the annual running costs. I'm going to need to halve everything to afford to get on the water. Smaller boat & no finance for starters.
@Boatscouk
@Boatscouk 2 жыл бұрын
I have another video coming up on a smaller boat this Thursday . Costs much much less 😎
@jordangoodyear8203
@jordangoodyear8203 2 жыл бұрын
Love the content! Keep it up, please could you do some more videos of taking different boats out on the water for a spin, I remember a few months back you took one up the river for a spin that was great! Thanks
@Boatscouk
@Boatscouk 2 жыл бұрын
Yes I will - but we have to clear the river of other users first 😂
@patriciab3739
@patriciab3739 2 жыл бұрын
Brilliant James.... so informative... 2nd viewing.... watched the first view whilst travelling home from work in a taxi LOL.... Thanks for taking the time to make these really great Vlogs.... what can I say :) As everyone, looking forward to the next Vid !! (know how much time and effort is put into making these vlogs) best regards to you and the family. Have to agree with a vlog below... you are so honest and yet critical in an amazing acceptable professional way..... :)
@Boatscouk
@Boatscouk 2 жыл бұрын
😂 thanks PB - love the taxi story - lots more to come - glad you enjoy 😊
@brandywell44
@brandywell44 2 жыл бұрын
This is a great cost break down, helps give an idea.
@Boatscouk
@Boatscouk 2 жыл бұрын
It takes a bit of working out 🏋️‍♀️
@brent6454
@brent6454 2 жыл бұрын
19k subs. Wtf? You are great. Good job! Keep it up. Love the videos from BC Canada!!
@brent6454
@brent6454 2 жыл бұрын
Love the finance info. Even though I'm Canadian and we use CAD....😏 Gives me an idea how much I have to put down when my crypto goes through the roooooooof. Dreams. Gotta have them. I'll be happy with a smaller boat that a few friends can stay overnight in as long as the ladies have a good head. 😆
@Boatscouk
@Boatscouk 2 жыл бұрын
Ah thanks Brent 😎😎
@michaelbeck7799
@michaelbeck7799 2 жыл бұрын
Lovely tour, James. Thank you.
@alanpotter3863
@alanpotter3863 2 жыл бұрын
I love the lighthearted fun way you do your vids, look forward to your next one, and watch your toes....
@Boatscouk
@Boatscouk 2 жыл бұрын
😊👍🏻😜
@robbief1
@robbief1 2 жыл бұрын
Can’t believe I’ve only just found this channel…. So glad I did! Been looking for a comprehensive view on costs of one of these boats for ages! So the 8-10% of boat value, which a lot of people mention seems true in this case. Here’s a question, which boats generally have the lowest % (of total value) running cost
@Boatscouk
@Boatscouk 2 жыл бұрын
Ah thank you. Lowest running cost would be displacement hull, shaft drive, single diesel motorcruiser or any sail boat.
@ccccssss9251
@ccccssss9251 2 жыл бұрын
A rubber dinghy
@petero9584
@petero9584 2 ай бұрын
Wonder what anti fouling costs would be?
@rehippie
@rehippie Жыл бұрын
Thanks for all the finance details! Note to Princess: Rounded Corners on the Fridge hahah
@MegaShorts360
@MegaShorts360 2 жыл бұрын
Love your out takes at the end James 😂
@7markshark
@7markshark 2 жыл бұрын
If you ever have a Numarine 52 Sport let me know
@bikersoncall
@bikersoncall 2 жыл бұрын
Cool video, cool boat. I would not be able to live with a microwave down below like that though. 4:29 lol, luckily this will never be an issue for me.
@josephtaylor3857
@josephtaylor3857 2 жыл бұрын
Excellent video. Covers everything, from a tour of the boat, to the specs, and love the summary of costs at the end. Thank you! Hello from Canada!
@Boatscouk
@Boatscouk 2 жыл бұрын
Hi Joseph - thank you for watching 😎
@gottadance8588
@gottadance8588 2 жыл бұрын
You are a funny man, in the best sense. Great information. Please keep the roll across the bed in each video... very James Bond!! From a glum overcast Sydney.
@Boatscouk
@Boatscouk 2 жыл бұрын
Love Australia 🇦🇺!
@robpinney2997
@robpinney2997 2 жыл бұрын
What training would I need for a boat this size
@Boatscouk
@Boatscouk 2 жыл бұрын
In the UK - you don’t actually need anything but it’s wise to have ICC (international certificate of competency) and this is what you need for Europe anyway 😎
@amantedelmondo1787
@amantedelmondo1787 2 жыл бұрын
The galley right behind the helm has never done it for me. It should always be contiguous to the cockpit IMO for better flow. Never have I fancied that layout! Beautiful craftsmanship nonetheless as one can always expect from Princess!
@Boatscouk
@Boatscouk 2 жыл бұрын
Yes the galley position always splits opinion
@richardkaye2228
@richardkaye2228 2 жыл бұрын
Very fair explanation and well explained but maintenance would be more like 20-30 not 10 , really enjoyed this video
@nobodyimportant7520
@nobodyimportant7520 2 жыл бұрын
very good detail and funny too. keep it up.
@vcghana
@vcghana 2 жыл бұрын
So it's about 10% Runnings of boat price. As for £60k capital usually is a lowercapital repayment in years 1 to 4 and higher interest, but depending on the rate you should be able to work the sweet spot which gives you the optimum time upgrade. It would be good to work with customers to find the right time. Also helps you market products to maximise your and your customers best options.
@Boatscouk
@Boatscouk 2 жыл бұрын
Yes but be careful as it can vary a lot from boat to boat
@vcghana
@vcghana 2 жыл бұрын
Yes, just been looking through your stock. 50hrs looks a little on the low side when looking at age. Perhaps 70 to 80 hours might be more appropriate for a larger 60ft boat
@Boatscouk
@Boatscouk 2 жыл бұрын
@@vcghana yes upto 70 is common
@sharonbraselton4302
@sharonbraselton4302 2 жыл бұрын
get diff 22 soar éktrç 100p mile rage tejsa 116.jie rabge
@noahark3810
@noahark3810 Жыл бұрын
this is so good and we all need to know the cost its not boring your the best
@Boatscouk
@Boatscouk Жыл бұрын
Ah thank you
@j.p-hx9pp
@j.p-hx9pp 10 ай бұрын
How about the cost of the dock/marina per month?
@Boatscouk
@Boatscouk 10 ай бұрын
On later videos
@richardm2398
@richardm2398 2 жыл бұрын
Subscribed as you asked so nicely 😀 I came here after watching one of Nick’s videos
@Boatscouk
@Boatscouk 2 жыл бұрын
Thank you 🙏
@jackhogan2047
@jackhogan2047 2 жыл бұрын
Love the videos! Can you do one of these videos factoring in charter income please?
@Boatscouk
@Boatscouk 2 жыл бұрын
Yes will add that to next one
@kirstiedavis3522
@kirstiedavis3522 2 жыл бұрын
Could you please include the cost of a captain next time . Thanks very informative
@cpeacock1973
@cpeacock1973 Жыл бұрын
Great rundown of costs, great video as always….one question, do you get a lot of lottery winners buying boats/yachts outright? Or does everyone who buys a boat/yacht use finance?
@Boatscouk
@Boatscouk Жыл бұрын
A fee lottery winners but mainly customers buy with their own money and some use finance
@peterjohntyers7924
@peterjohntyers7924 2 жыл бұрын
What is the difference between a nautical mile and a road mile?
@r0bbyr0b98
@r0bbyr0b98 2 жыл бұрын
1 nautical mile = 1.15 road miles. So if you are doing 10 knts, its 11.5mph. Basically multiply knots by 1.15 to get mph.
@Gibonz
@Gibonz Жыл бұрын
Do the owners typically drive these themselves or hire a professional crew?
@Boatscouk
@Boatscouk Жыл бұрын
Owners normally drive at this size still 😀
@Gibonz
@Gibonz Жыл бұрын
@@Boatscouk Thanks!
@seanfinlayson3943
@seanfinlayson3943 10 ай бұрын
Does it have a water maker...?
@Boatscouk
@Boatscouk 10 ай бұрын
It’s an option but not on this one 😃
@johnshepherd4842
@johnshepherd4842 2 жыл бұрын
what is the burn about 10kts please x 2, thanks expletives are an optional extra ( I have the T shirt for that one )
@Boatscouk
@Boatscouk 2 жыл бұрын
Fuel burn will drop down under 100 litres per hour at that speed 😊
@paulsmith4314
@paulsmith4314 2 жыл бұрын
With six guests, taking a couple of showers/day each, how long does around 800 litres of freshwater last. (without a water maker)
@Boatscouk
@Boatscouk 2 жыл бұрын
Only a day or two without water maker and indefinitely with a water maker paul 😊
@ruiguerra78
@ruiguerra78 2 жыл бұрын
I was looking to upgrade my yacht but now I think I should just sell it and be done with yachting. I know my costs are high but never did the math.
@cbarak72
@cbarak72 2 жыл бұрын
Suppose you had the money to spend, could you turn the crew cabin into another fuel tank to extend range?
@Boatscouk
@Boatscouk 2 жыл бұрын
Yes although not done that before
@markastbury1890
@markastbury1890 2 жыл бұрын
We watch cus it's bloody interesting 😂😂😂.. great tour and a lovely boat .. 😁👍🏴󠁧󠁢󠁥󠁮󠁧󠁿
@jacobyrassilon
@jacobyrassilon Жыл бұрын
So as requested I am going to ask a question (and I also subscribed, as requested). When buying a yacht, is it better to buy it outright or better to finance it. This, of course, is if you are rich enough to flat out buy a yacht in one go. Also, is it better to try and manage all of this on your own or hire a yacht management company to oversee everything? And one more thing....sorry, but you did say to ask questions😂: Is it feasible to use one of these boats as your primary residence and do marinas even allow you to live aboard?
@Boatscouk
@Boatscouk Жыл бұрын
Buy outright if poss
@gwill4610
@gwill4610 2 жыл бұрын
Absolutely great explanations.
@matthiashui5538
@matthiashui5538 2 жыл бұрын
Hi! Iam super interessted in a testdrive-video of the new beneteau grand trawler 62. are planning to do a testdrive-video? cheers
@Boatscouk
@Boatscouk 2 жыл бұрын
If one comes up - I will
@kbeesmot9928
@kbeesmot9928 2 жыл бұрын
How often would the engines need servicing? You said the average user in Europe would do 50 hours a year. That is out on the waves less than one hour a week!
@Boatscouk
@Boatscouk 2 жыл бұрын
Yes - one service per year 😎
@1320fastback
@1320fastback 2 жыл бұрын
A modern commercial duty diesel engine of this type would require an oil change every 250 hours. You would do all filters at that same time. If you're not putting 250 hours on the motors per year you would want to do an oil change yearly.
@howardtreesong4860
@howardtreesong4860 2 жыл бұрын
You did not mention taxes. What are the taxes on owning a ship of this size? We also don’t know how much a crew would cost. It would be nice to know how much fuel the tank can hold.
@Boatscouk
@Boatscouk 2 жыл бұрын
This one is uk tax paid so no more taxes to pay. 3,400 litres. Crew about £100k per year. 🥳
@howardtreesong4860
@howardtreesong4860 2 жыл бұрын
@@Boatscouk Thank you for that. I find it odd that there’d be no annual tax to be paid on a vessel of that size. However, if taxes are a one-time deal then that’s my answer.
@r0bbyr0b98
@r0bbyr0b98 2 жыл бұрын
And is the £18k/year berth fees for somewhere typical in the UK like Poole/Lymington for a 60ft boat?
@Boatscouk
@Boatscouk 2 жыл бұрын
Yes I proved for south coast marinas 😍
@WonderofWatches
@WonderofWatches 2 жыл бұрын
Love it. Love your presentation style. The different air conditioning / heating controls were confusing the hell out of me. How would you know which one to use. Would one system supersede the others or are they used in tandem?
@Boatscouk
@Boatscouk 2 жыл бұрын
We include a 1 day handover 😊
@FILIGREE1
@FILIGREE1 2 жыл бұрын
Thanks, great video. A couple of questions for anyone who knows: Would the generator fuel cost just be part of the general fuel cost? (I guess compared with the main engines, the generator fuel cost is just 'noise'). Do the berthing costs include electricity supplied from the marina?
@Boatscouk
@Boatscouk 2 жыл бұрын
The generator fuel costs would be minimal compared to the engines so are approximately included in my costs. Most marinas meter your electricity in the uk as an extra and need to be added to my costs 😊
@robertgalea4416
@robertgalea4416 2 жыл бұрын
Great video - very informative. Thanks for inviting questions - I am assuming this price includes VAT, since it's second hand. Would I need to pay VAT again in the EU (I'm from Malta), if I were to buy this boat (or any other secondhand boat registered in the UK? Also, what about for a new boat (made in the UK e.g. Princess, Fairline, etc. , would I just pay VAT in the EU and not the UK? Thanks - keep up the great videos.
@Boatscouk
@Boatscouk 2 жыл бұрын
Thanks Robert. As a Maltese resident you would need to pay EU vat on import. If you are uk citizen then you are allowed to use in 18 months stints tax free so long as the boat exits to a uk territory every 18 months .
@Boatscouk
@Boatscouk 2 жыл бұрын
Yes and for new boats - you buy ex tax from uk and then pay local taxes on arrival 😊
@robertgalea4416
@robertgalea4416 2 жыл бұрын
Thanks for your prompt replies - much appreciated.
@GingerPiston
@GingerPiston 2 жыл бұрын
Would be interested to hear how much money you could potentially make back per year if you were to charter it out for say 25 engine hours per year (or whatever suitable metric you’d use to make so it was half yours, half rented per year). Basically, how much of that annual cost of ownership could be reduced by letting others pay for it for half the time. Thanks!
@Boatscouk
@Boatscouk 2 жыл бұрын
Yes this boat would charter for about £20k per week so it makes it back quick
@Boris-xx7dw
@Boris-xx7dw 2 жыл бұрын
😂😂😂 I’ve always wanted a boat /yacht, now I know why you have making comments respectful ! There has to be an easier way to destroy money like maybe have a BBQ with it lol , now I know why boats are called holes in water 😂😂😂 Great content and it’s been a real eye opener and truly shocked at the cost . It’s good to see your in Essex I’m from Basildon and live in florida where boat ownership is so much cheaper .
@Boatscouk
@Boatscouk 2 жыл бұрын
And Florida is beautiful too ! Thanks Lee 🥳
@emeraldmorningmist
@emeraldmorningmist 2 жыл бұрын
Thank you for the video. Subscribed thanks to the costs you worked out.
@Boatscouk
@Boatscouk 2 жыл бұрын
Thanks Mark
@myhonestopinion5910
@myhonestopinion5910 Жыл бұрын
VERY helpful video; thanks!
@scottsmott5657
@scottsmott5657 2 жыл бұрын
James, loved the video. Completely unrelated, but which boat 30 - 45ft would you recommend as a first flybridge ? Thanks
@Boatscouk
@Boatscouk 2 жыл бұрын
Approx budget Scott?
@scottsmott5657
@scottsmott5657 2 жыл бұрын
@@Boatscouk at an absolute push, £250k. Thanks.
@Boatscouk
@Boatscouk 2 жыл бұрын
@@scottsmott5657 if you can find a late 08/09 fairline phantom 40 for about £200k - I promise you will be a happy man. Great quality, seakeeping and timeless 😎
@sharonbraselton4302
@sharonbraselton4302 2 жыл бұрын
xoxo 32 ekrrç 45 mile range télsà céll 5w mike rànfe gréñ line hybr ejtrç 22.5 or 33.6 mie trane tejsa sélls 26 jíe ràbe 3⁸,5 mile rangé
@sharonbraselton4302
@sharonbraselton4302 2 жыл бұрын
ejrç ouçn8c boat 52 mil tabfe
@markjohnson3002
@markjohnson3002 2 жыл бұрын
On average for a year what would be the cost for crew? In UK and the Med if different? Thanks 👍🏻
@Boatscouk
@Boatscouk 2 жыл бұрын
Circa £100k
@patrickmolloy6994
@patrickmolloy6994 2 жыл бұрын
beautiful! great to see the actual costs. thanks for that
@Boatscouk
@Boatscouk 2 жыл бұрын
👌👌
@viktru
@viktru 2 жыл бұрын
Oi! Here is a hopefully not totally silly question: I've never had a kayak nor even a surf but I want a boat. Would that be absolutely out of order to start with a 40 footer? I've been on one so no need for trying a dinghy to see if I like it. Get the fenders in!
@Boatscouk
@Boatscouk 2 жыл бұрын
Hi Viktor - 40’ is quite big for a first boat but I have sold bigger to first timers! It’s all about confidence. If you are a confident person - go for it !
@viktru
@viktru 2 жыл бұрын
Just as I thought ;)
@thepurplesband
@thepurplesband 2 жыл бұрын
Hi James - what would the costs be if it was bought new - would the costs be lower ? Do manufacturers include service plans etc ?
@Boatscouk
@Boatscouk 2 жыл бұрын
Some banks prefer new boats (and certain brands) so they may offer a lower APR and bigger balloon but it is all kept under radar. 😊
@grantsilvester9476
@grantsilvester9476 2 жыл бұрын
How much would a berth in Mallorca cost for a boat of this size? Is possible buy a berth outright?
@Boatscouk
@Boatscouk 2 жыл бұрын
About 45k euros - not easy to buy berths in Mallorca
@michaelsasylum
@michaelsasylum 2 жыл бұрын
Would it be possible to defray the costs of ownership by chartering it for part of the boating season?
@Boatscouk
@Boatscouk 2 жыл бұрын
Yes - popular charter size
@joebarrett4353
@joebarrett4353 Жыл бұрын
what about crew costs?
@Boatscouk
@Boatscouk Жыл бұрын
Crew are generally on bigger boats 70’ plus 😃
@archielyall5766
@archielyall5766 2 жыл бұрын
Do you think this could be a successful charter boat? (paying for finance and crew etc)
@Boatscouk
@Boatscouk 2 жыл бұрын
Yes but in south of France or Mallorca 😎
@JV-ks3eb
@JV-ks3eb Жыл бұрын
I never seen a straight line curve before???
@poorfordtransitowner1627
@poorfordtransitowner1627 2 жыл бұрын
This was amazing an you was very funny. Have a new subscriber
@joacimholgersson2730
@joacimholgersson2730 2 жыл бұрын
good video....funny man...keep up the good work👍👍👍👍👍
@dtomlinson001
@dtomlinson001 2 жыл бұрын
Excellent video. Adding the informative stuff to the tours is really helpful. With a boat of that size in the south of the uk, how easy is it to travel around and find available visitor moorings in marinas at fairly short notice in the summer months (April to Sep)? Eg when deciding on a whim to have a few nights away. Cheers
@Boatscouk
@Boatscouk 2 жыл бұрын
Ummm - not very easy at the moment but you can anchor anywhere 🤩
@geoffreycheeping3902
@geoffreycheeping3902 2 жыл бұрын
great info. What could a boat like this charter for?
@Boatscouk
@Boatscouk 2 жыл бұрын
£20k per week ish
How much does it cost to buy and run this boat?
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