Is 2023 The Right TIME To Buy A SAILBOAT? Ep 225 - Lady K Sailing

[@LadyKSailing]

Don't forget ot check out my other channel Historsea! It's all about maritime history! I just did an episode on the Edmund Fitzgerald! www.youtube.com/@Historsea

[@yellowsubmarine98]

to*

[@charlesbechtel9976]

Guess who's buying them there boats...

[@LadyKSailing]

@@yellowsubmarine98 shush you :)

[@dustyrose6883]

Thanks 🙏 to you and all your information…. I bought a steel 50’ boat and I’m now home selling the house😁😁 we will head out of st Croix in 4-5 months and hope to see all of you out there👍👍

[@3rdWest]

I have a hard time with monetary value. My boat is practically worth nothing to anyone else but me. To me, it is the tool I use to sail. As my only tool for sailing I value it much more than it is worth.

[@A_Pa-Plainjane]

then, I would venture to say it is priceless.

[@aphilippinesadventure9184]

An awful lot of boomers are winding down their sailboat days...going to be thousands of sailboats coming onto the market and not enough people to buy them.

[@nickhumphreys3160]

I hope so

[@aphilippinesadventure9184]

@@nickhumphreys3160 A relative is a marine diesel mechanic...he says he already is seeing this...a boomer looks at doing a major repair and after seeing the cost, decides to sell the boat cheap because he does not see himself sailing for that long...

[@curtisn6980]

We bought our boat from an older (early 70s) live aboard couple that said they were stuggling with the ability to continue sailing. It'll be interesting what happens in the next 5-10. Also seeing alot of monohull people going to cats... so might bode well for monohull shoppers

[@pearl-pf6xz]

Agree, but will work in the opposite effect as well... Boat parts, trades will be more expensive..Their called boomers for a reason. Probably the end of mass boat production.

[@blacksmokin]

That's exactly what I've been saying about general aviation.

[@johng1857]

I think there will always be a place for 80’s boats as an entry level boat where you don’t have to pay 100k to get the sugar scoop and aft cabin.

[@URLWer]

and as the resale value goes down, so will the purchase price. Personally, a heavy, old cruiser is preferable for off-shore cruising.

[@williamwaha3193]

As far as ' The Places ' for an 1980's Boat goes , those are becoming far fewer by the Day . A bunch of ' Hippies ' purchased Boats of all kinds and then used them as ' Permanent Anchorage ' so as not to buy / rent homes , currently they are Flotilla's or Flotsam . All they can do in most cases is Float as they are no longer ' Sea Worthy Vessels ' . The areas of Anchorage where they have been located for the past 40 - 60 years , have now gone to or are going to go to 72 hour Maximum Anchorages , that means you got to be gone in a 3 day time period from your arrival time and date . So going ashore is not practical , if you do go ashore it had best be to perform laundry and resupply . If you're single handing and need the place to rest up / recuperate from your long standing voyage plus shopping and Laundry , 3 days time period might not be enough for you depending on how long it took you to arrive . 5 Days after an extensive ' underway ' single handed voyage might be better for recuperation but it will most likely see your vessel as ' fined or seized ' . Too many folks have ' abused ' these Anchorages for far too long , as they are currently putting on time limits in the near future they may also require an age limit for the vessels that can use those Anchorages as well . Many H.O.A.'s have set up age limits for the Housing Units used , can not be older than 50 years of age , if they even allow for Housing now listed as ' Temporary ' . You may find that these ' Abused ' Anchorages adopt the age limits for the boats allowed , nothing over 50 years of age . 2023 - 50 = 1973 ,------- 2023 - 1980 = 43 , Your 1980 boat only has some value for probably the next 7 years regardless of what shape it might be in . Those Anchorages in question currently have $ 1 , 000 . 00 a night hotel stay accommodations and $ 1 , 000 , 000 . 00 Homes on shore , they don't want to see your $ 1 , 000 .00 Boat , they will probably want to see your $ 1 , 000 ,000 . 00 Yacht .

[@jessefalsone1247]

I'm betting that a discerning buyer would rather have a well-cared for and well-equipped 80s Tartan, Sabre, Bristol, Cape Dory (insert other higher-end production builders) than a POS from 90s or 2000s built with chopped strand and a spray gun all because of more space and a sugar scoop. Maybe I'm wrong, but I think quality, capability, and condition will always be marketable.

[@nickpitera7891]

Well said.

[@A_Pa-Plainjane]

Let's hope so. We live in faith in the eternal verities.

[@PaulSmith-hu5su]

I also think adding a hinged swim platform to the older boats is a good way to extend the life of an older boat and keeps many people within budget

[@jamesstevens7791]

I would have to agree with most of this- good episode. I have the new 40 foot Beneteau. It was of course a huge wallet buster. The way it sails and entertains is great though in my very biased opinion. My family and all my guests so far love it! I sailed a ‘76 hunter 30 previously. It feels big and luxe everywhere, it powers up in light air and it maneuvers in marinas great, drop down bow thruster when you need it, quiet Yanmar pushes 7.5 knots, huge reefer, electric almost odorless freshwater flush heads, separate stall showers, has feather touch helm in up above 15 knots breeze, the systems,sail rig and design are all products of years of trial and error. Main furler, everything glides and at fingertipsBig furling code zero usable on all angles but beating Super solid and practical, almost intuitive. Plus aesthetic popular improvements that make it a pleasure to relax and hang out on. I was planning my dream boat for decades and kept seeing the stuff on newer boats outclass the used market ones so often thatI gave up on picking one and waiting for used ones to come on market. I was very fortunate to grow my budget into being able to get her. I suppose it’s going to keep happening (new sailboats outclassing the used ones) but I turned 62 and for me it was perfect time to pull the trigger. She’s still open for a couple weeks this summer in charter in San Juan’s. Marie Katherine. Big ol’ Dungeoness crabs- from trap to kettle at anchor- if you’re into that kind of thing

[@RealInRealEstateCC]

It’s always bittersweet when you talk about my beloved Alberg 37. I think you’re spot on in your analysis. The one thing I think you’re missing is that buying a boat is a terrible investment and that’s not why most people buy boats. I bought my boat for cheap 12 years ago and have sailed more miles under her keel than most of the modern production boats will ever. I’ve been fully aware that I will never ever be able to get back the money that I have spent fixing her and caring for her. Heck at this point, I am fixing and repairing projects that I had already redone when I got the boat. And I believe that most of these boats are going to continue to be out there sailing with enthusiastic younger people because the newer sexier sugar, scoop boats are going to be too expensive Franny, passionate young persons to acquire.

[@stewarthhorne]

Oh man, oh man! I bought a solid old Hunter in 2022 for about $10k too much, but it was a roll of the dice. Prices were surging and I wasn’t patient enough to wait for a better deal. Fast-forward a year and I’m in it for WAY more $$$ than I would ever like to disclose, but I was upside down from the beginning. Full send!

[@danwhitlock1946]

It could happen to anyone, not just with sailboats. Could you elaborate some on how it got out of hand? It may help some of us.

[@andyl8025]

Did you spent on unexpected issues that the survey didn't reveal, or mostly discretionary upgrades? Has it been worth it? I ask because I also over spent on a Catalina during covid, but I later sold her for $10K more than I bought her. I didn't recover the costs that I put in, but over-all she brought a lot of joy.

[@marceld6061]

If you are upside down I hope you mean just 'financially'! Keep it upright on the water 😉

[@DG-jq2jq]

Thanks for the video! Just one remark though, inflation is not normal, it's theft.

[@annehedonia156]

Caused by theft.

[@petermerrick5644]

Would love to hear about the new rules concerning star link. From what I understand RV is now called Roaming and not permitted to be used on boats at anchor? Monthly rate jumped two around $200. If you want a real marine plan last I checked the hardware is approximately $2500 and starting monthly rate is $1000 that puts it out of my reach! I am not on mega yacht. I think social media outlets like yours might be able to help the star link co to understand that most cruisers are in the RV / Roaming price range. Great channel! Thanks!

[@daledoe-baggins]

That's just insane!

[@sudoboat]

Bought a 1964 Pearson Vanguard last May and very happy and proud with her.

[@johnw6538]

The density of information given in your posts, although seemingly too much for some is truly welcomed by most, and I find generally you offer your opinions and observations for discussion. Approaching this subject and many others that you are willing to discuss, will always draw the ire of certain people, but you do tackle them in an honest and unbiased manner which makes me a true fan of your efforts. Anyone who has ventured past the breakers into the sea knows that sailing on the ocean, and the challenges presented to us as sailors, and our vessel makes honest sailors of us all.

[@edevans5991]

When you look at all the marinas and houses built on canals just in Florida, I'm not 100% convinced that people going from Annapolis to the Bahamas and back represent a big enough fraction to really move the market.

[@billhanna8838]

You brought back memories of sailing to Tonga with out anything but a sextant , With canvas sails, Cotton Jibs , Block& tackle -No winches , SSB that could only be put on for 5 minutes a day - power hungry beast , A lead line & grease , Kapok life jackets , Kero stove , Heaps of sigerettes& Beer , Duty free & Antifoul that would last 3 years ... Thanks

[@pearl-pf6xz]

Wow, did you see Capt. Cook out there on the deep blue. Heard he was heading to the Sandwich Islands from Australia.

[@billhanna8838]

@@pearl-pf6xz Passed nim , Endeavour was hopeless to windward

[@A_Pa-Plainjane]

I like the cut of your jib.

[@regancampbell5270]

I understand the 80s racer cruiser point, but what about 80s world cruisers/double enders like Hans Christians, Babas, Tayanas etc?

[@markwoods1504]

In 2018 I bought a 2016 Beneteau 48 , it was being sold because of financial issues with the previous owner I won't say how much it cost me but I got a deal. I live in the North West of England so I keep it there I've done the med, Italy, Caribeen etc I don't live on the boat like a lot of sailors do my boat is for pleasure only I don't have a KZbin Channel. This summer I'll be doing the Bahamas and the Keys but before that the Atlantic crossing again.

[@ekfinn]

I live in a neighborhood just outside Annapolis on the Magothy. Last month I closed on a lovingly cared for and blister free 1986 Pearson 36-2 for $39,500 US. The boomer-age seller originally wanted $49,900, but the lack of updates, original rig, and old sails gave me leverage. Yeah, she needs 6.5 feet of water under her, but boy does she charge close to the wind with that fin keel and big genoa, even in light air. I know some Beneteau owners who don’t bother heading out in less than 15 knots of wind.

[@ctndiaye1]

I think that as long as the older boats are sailable and sellable, there will still be a place for them. I have a 1979 Pearson 323 that I got for 10K 5 years ago. I didn't want to go into debt to get into sailing. I'm perfectly content with it. If I want to do bigger and better things, I'll do it on someone else's boat.

[@corradodeluca1320]

You did well. I was looking for one a year ago and the least expensive I saw was $25,000

[@davidrockefeller2007]

My fear is the amount of expertise and money needed to get a boat like that in good condition.

[@salpairadice]

@@davidrockefeller2007 expensive to dock store insure and maintain.

[@billwarden1246]

Could you, or have you done a video on dingys? Dingys for smaller lake boats to coastal crusing. Set ups for storage, etc........

[@codder32]

The video I didn't knew I needed. Thanks a lot!

[@rvqx]

Nice videos and you talk clearly, even the subtitles are okay. Thank you.

[@SteveJones-gz4vd]

Appreciate this is a year old, but here in the UK housing has become unaffordable for most , and as such many many youngsters are seeking alternative ways of owning acomodation, yachts and boats live aboards are one of the affordable options

[@svmagnolia]

Recently asked my insurance company to increase the "agreed value" for my Hunter 410 by $30000 and they said OK- no questions asked. Rate increased by about $100. You have a strong point there. Keep up the great videos!

[@MarketingStrategies28]

Its the value of them after the accident. You could insure it for 1 million. It means nothing and they are happy with the extra fees

[@greggromack8319]

Great topic! I think you are right on with discussion and there are going to be a lot of disappointments in a few years when no one will pay decent $ for 80’s boats. Keep up the good work and thank you.

[@michaelmerrithew4042]

Following your advice, I bought a Catalina 42. So, my redone 1982 C &C 37 is for sale.

[@private7384]

I like the idea and simplicity of sailing, but the pile of lines, rope, pulling paraphernalia everywhere all over the deck and nav area always makes it look like a huge mess. Whats the setup for someone who wants to sail, but wants to keep it simple?

[@LadyKSailing]

GREAT QUESTION! I will dig in and see if there's an episode in that. For me I love the way I have Lady K set up for solo sailing. Lazy jack stack pack and everything led aft EXCEPT the main halyard. I found it too hard to use running it aft. Much easier to run up to the mast for that task.

[@edevans5991]

Maybe you can find the simplicity of sailing on a dinghy. Just not a racing dinghy.

[@pearl-pf6xz]

Freedom yachts

[@EricJohnson-lo7mj]

The only quibble I have here is that you need to distinguish earlier C&C 30s from later ones. YachtWorld currently has a handful of mk I C&C 30s offered for betweek US$7k and about US$20K, and higher prices are for those kept in Bristol condition. There are currently two mk II C&C 30s on YW for about US$30K. According to SoldBoats, some C&C 30 mk IIs sold in the US$40K - US$50K range well before Covid. And of course we're not even talking about the C&C 30 One Design race boats which sell for well over US$100K. Personally, I prefer the mk I C&C 30. Dare I say, the mk II is just not an attractive boat, mostly because C&C fell victim to the mentality that you just have to have a double berth aft cabin in a 30 footer, which is folly for a number of reasons that I won't recount here. But I will ask, rhetorically, whether you prefer to store your fenders in the lazarette or in the aft cabin.

[@wow.sailor.]

Thanks Tim, great episode

[@LadyKSailing]

Thanks for watching 😀

[@dbc7772011]

Interesting video, thanks for covering this topic. The future prices of boats, airplanes, housing, vacation homes are all going to be affected by the increased interest rates. It’s hard to really compare prices of today versus 10-20 years ago due to the huge inflation we’ve seen. $100,000 doesn’t buy what it did 20 years ago. Peoples incomes have gone up but so has the price of everything they buy. I’m holding off for a year or two. I may try renting to see if I even like the lifestyle. I feel there’s a huge adjustment coming, can’t say I ever get any of these predictions right so who knows? At some point I want to pull the trigger before I’m too old and unhealthy to enjoy it.

[@asatre]

Really wanted to thank you for this video, it was very eye opening and educational. Rarely do you hear such truth spoken. Greatly appreciate the information you share on your channel!

[@cyphen21]

What is the migratory pattern for sailboats in the pacific? Specifically, when is the best time to buy a sail boat in Hawaii?

[@svDansleau]

You made me nervous Tim. Thought you were going to say I should have waited on the C400. Interesting video with some good points. Derek

[@SSBN506]

One interesting observation is that our sailboat club was on a path to failure 13 years ago when I joined. The number went down every year, and the clubs average age went up. Sailing in our part of the world was for old men. But then youtube happened, and I think all the sailboat channels got younger people interested. Our club has been full for the last 3 to 5 years. The average age is going down. I also wonder if the popularity increase in sailing because of youtube, then given an extra boost by covid has accounted for the prices not completely crashing after covid. I wonder if other sailboat clubs have had that pattern.

[@northchannelsailor]

I’ve seen the same. In 2010 joining a club as a young family we were the youngest members and not the norm. Mostly Retired guys. Now we have young people joining regularly and fixing up projects. Nice to see.

[@pearl-pf6xz]

Looking for this comment 👏 YT probably saved the industry as the boomer generation age out. They should be sponsoring all the channels in some form for saving their asses. The cruising side I refer too.

[@CheersWarren]

We have seen the opposite , our club racing in small boats/dinghys is still in decline , larger boat are limited by our lake but numbers are stagnant and old folks mainly, I’m old now too. I don’t see small boat racing being promoted by you tube at all . Cheers Warren

[@JD96893]

i think some people are missing the point. Yes there will always be a place for older boats, but probably not boats from the 70s or 80s. Eventually today's boats will be old(who would have thought), and they will be much cheaper. But more importantly plenty of great 90s and early 2000s boats are starting to come down in price/will and have a lot of great features lacking on older boats.

[@pearl-pf6xz]

But, but....the problem with post 2000 vessels as they age out, what structural condition will they be in? We all admit they are not tanks...

[@Tkdmaster1991]

What about us here on the west coast? No love for the market over here?

[@ericbergdahl6971]

What do you think about the interest in the GGR boat race requirement is a 1980s full keels boats. Wales and containers hitting boat's. Losing a keel or rudder is dangerous. It seems like the newer ones are bolt on keels and no skeg to prevent damage to the rudder. You mostly are cruising not racing so is speed a factor. Safety first with multiple bulkheads with multiple pumps to keep the water out of each area. Not only one that is to small to get the water out. No separate bulkheads with no small holes to easily let the water flow to the one and only pump. Comfort, simplicity over safety. Smart or stupid? Why do you need fancy features that are found on racing sailboats? If you want to race it then it would matter. But most people will not be racing.

[@A_Pa-Plainjane]

thx

[@Grand-paws]

Check out the visions hunter visions, 32 and 36 Aft cabin with a sugar scoop! Often overlooked due to the freestanding spar, this is truly an amazing boat for the price and commonly overlooked !

[@julioerodriguez6097]

Al those new production boats are "nice" but I still want to get me a "battle axe" even thought I'll be the last one to anchor at the bay. I decided that I'm getting an Island Packet as a retirement gift.

[@chefandy-f5z]

Hey, there was a movie with Mathew modine, Klaus Maria brandaur and the chic from dirty dancing and it was about sailing. There was some America's cup stuff and some design stuff and there was some talk about how the water molecules ahead of your bow communicates with molecules further ahead to relate to the movement of the boat. Or something like that. it was cool. There's some magic going on a well designed boat of any kind.

[@simoncrouch9773]

Interesting concepts Tim. Well Presented.

[@tomhenry4993]

Great insight!

[@PreacherwithoutaPulpit]

Something you forgot to mention that I'm not absolutely sure is true so I'm asking more than telling. Fiberglass is always absorbing the water it's setting in and I've heard that it has a shelf life for reliability of around 50 years? At that point unless a vessel has been immaculately cared for you're going to find issues with things like soft spots, blisters, chain plates, hatches, basically anything that penetrates the hull and could/would allow water ingress. The fiberglass begins to break down and just isn't as strong as it used to be. The above is what I've read and heard a lot over the years of looking into what boats I'd eventually like to own which is more of a day dream in my situation being the parent of a special needs child. Thanks to anyone who can answer this question about whether or not fiberglass actually ages out...

[@markw9679]

I think having a branded boat will be increasingly important. Prices for Nautor Swan, Oyster, Amel, HR, Najad, Malo etc will always hold up well compared to a flood of ex-charter production boats.

[@jonunya3128]

you are a smart guy, thanks for the videos.

[@hughmaxwell8143]

Very insightful show. One trend unmentioned is the quality decline in production boats over the late seventies/ early eighties . Aftermarket sales started seriously interfering with new boat sales to the point where cost cutting ( read faster production schedules) became imperative. By 1990 we lost C&C, Bristol, Pearson, O’day, Albin altogether. And that’s just in my neighborhood.Some of these boats were better than others to be sure, but it adds fuel to your point that these old boats will be (somewhat deservedly) unmarketable going forward.😊😅😮

[@ejdd3442]

I follow your channel and will tell you that this particular Post has set your bar even higher. Great stuff, thank you!

[@valeriesorrells2859]

there is so much great info here, thank you so much!!!

[@joelw2023]

Looking for 2012ish Lagoon 400 in 2027 at $200k. They always make newer boats. They don't make new land. Cats aren't equivalent to real estate. Anyone who tells you differently is only trying to protect the price.

[@Saltinhisveins]

Hey Tim, you’ve made some pretty interesting ideas there. I have been scrutinising the sailboat market for the last three years and have watched the rise and now the fall in most boat prices. There seems to be a two speed market here in Australia where boats under 10 years old and in good condition are actually rising in value due to the lack of new boat availability, whilst the sub 150K market has been falling reluctantly and to the chagrin of their owners. This market is people in their 30’s and 40’s with kids and mortgages. Interest rates have been wound up causing financial pain. I’m in the market for a mind to late 80’s cruiser racer around 38’er. Thankfully, I’m in the category that is coming down. Happy days. Appreciate your channel, good work.

[@BillJohnston-y7o]

I hope we come back to this in 2-3 years. Things will change big time.

[@wiseoldman5841]

Sadly the same could be true for classic cars. Car shows are filled with mature crowds. If we want to keep all the classics alive, we need to encourage participation from the next generations.

[@bluemarineboy]

Thanks. I enjoyed the video. I'm in the UK where the advice may be different. I think I would hold off buying at the moment. It seems to me that quite a few boats are coming on to the market now, more than there have been since COVID. Perhaps people who bought them as a lockdown escape are now selling them; and perhaps the increase in the cost of living is causing people to feel the squeeze financially and to think again about sailboat ownership. I anticipate prices will drop. We'll see! Thanks again.

[@jesuschrist-alphaomega]

Great episode. Thank u

[@paulkopp3634]

Good talking points well thought out as ever .

[@markamsterdam539]

Nice video

[@usefulcommunication4516]

Good stuff. I have a question. Does the sales/price data for boats show any anomalies around the end/beginning of decades? So, for example, is there a steady average price increase for a comparative model of boat between, say, 1991 to 1999, and then a step up to a new steady increase from 2000 to 2009, then another step up into 2010? Is there more chance of a bargain amongst the '88/'89, '98/'99, '08/'09 models because of the mental downgrading of pre-new decade boats?

[@Kevin-hj2mb]

It would be intersting to see if there is data on sailboat units produced by year. I have to think there were way fewer units in the 90s than in the 80s. If demand keeps steady over the next 5+ years, it means less boats available for more buyers. Maybe 90s and 2000s boat prices increase? Consider not many people are hunting for 60s and early 70s boats now. Very intersting topic on the future sailboat market.

[@appliedmaps]

In the US, there's the demographic trend of the Baby Boom aging out of sailing and selling their boats, which places on the market a lot of well-cared-for old boats that aren't being sold because they have problems.

[@shayhaifa]

Great insights, thanks

[@JohnLee-im7iu]

Always love these videos. Thank you. Watching from Orlando, Fl.

[@mbchudno]

you get more space in new 35ft then in old 42ft boat, everything cost way more in older boat because its heavier, sailplan is bigger, shit breaks all the time because its time....etc. Plus bank will never give you a loan for old boat. Very soon it will be much easier to buy 10 year old production boat and pay 1k per month then to find 50k for one of those classics and then sink another 100k into their repairs. Hence the saws... Sad but true.

[@iangesman5847]

Found an auction boat, no bids, found a 72 ft training sailboat, that went for 500 needed 40k but yes it is getting cheaper...a boat is a hole in the water into which one pours money, a fact. Buy when the World crashes.🤔😎🛎👍❤

[@SP-wg5pn]

What harbor / town would be the main recipient of all these boats? Do you think most will stay in Florida or head back up the coast?

[@simonhammer-qv6zj]

Great Video Patrick very informative and amusing too we will have to share a glass when you are back in Les Minimes , Simon and Clare S/Y Namihani

[@pjreynoldsa1]

I can only imagine what prices will be by next year. People will be giving them away because they cant pay dock fee's or storage fee's.

[@sandystrait3878]

Do you have a video about finding a surveyor to look over a boat you're considering? I have a crushing desire to buy an older boat that I think would be amazing but I'm terrified of buying a problem.

[@donaldlaury7193]

There's a lot more boats on the market, and if they sit and don't sell, than we WILL see prices drop more.

[@kapoorh]

Very insightful video. Thanks!

[@PyeGuySailing]

My 1976 boat is twice as heavy and 3 times as tough as a modern beneteau, hunter, jenneau etc...there's still people out there who love classic style boats. Although I don't think you're wrong on people not wanting them, I think the real reason most don't is because of the perception that insurance companies won't insure them because some insurance companies stopped. You're also right that my old girl isn't really needed in the modern age...but some people would still prefer the security she gives.

[@salpairadice]

I think its the speed and the larger interior and features of lighter fin keeled boats.

[@PyeGuySailing]

@@salpairadice that's the benefits of a newer boat. Can't deny that one bit. I could get as much usable space in a newer 32 foot boat than my old 40.

[@mac-doien9298]

Sugar scoops start showing up in the 90s right am I right 👍 so we're talking a 1990.. hunter 380 then?

[@anthonymiller8989]

Tony & Susan here, we agree

[@Useless_Knowledge07]

I don't hear about why many who have been living traveling on sailboats are getting off/ jumping ship as soon as they can, aside from covid? Something else is happening that many are not sharing due to video income or future jobs? My thoughts and intuition from just listening, watching and processing. At the same time many from land are jumping into to any boat that will accommodate their family and live on anchor to dodge rental increases, lack of affordable local residences or pre-planning lack of income.

[@paulkopp3634]

Enjoying your Historsea channel by the way thank you .

[@LadyKSailing]

thank you! Gotta get that next episode edited tomorrow :)

[@christianedison2271]

Is there a similar migratory pattern on the west coast?

[@jamesgordon2289]

I really enjoyed this video. I was thinking a full keel boat , but this did make me think more . I cant afford a new boat to I am thinking early 2000's boat and I may need to rethink

[@beorbeorian150]

Going to the Annapolis sailboat show at the end of April

[@chrisveagle4381]

If you are financing most lenders don't want a boat over 20 years old which must lower the resell value of older boats

[@corvavw6447]

Kwaliteit, en vast houden aan onderhoud.dan verlies je niet of weinig aan een boot.maar hobby kost geld.

[@Useless_Knowledge07]

I FOUND the older the boat the less chance of getting bank loans and or insurance.

[@inertmission4427]

This was a great episode - thanks, Tim!

[@nickhumphreys3160]

I know it's probably a dumb question, but what do you guys think the market looks like in about 3 years?

[@joelw2023]

I think the hangover of the couf hysteria dies down, the majority of people come to their senses and normalcy returns to the sailboat market. I think there are a lot of people who are mesmerized by the idea of cruising but ultimately won't give up life on the land and would be much better served by motor boats.

[@seanwalsh999]

@@joelw2023 Maybe not with the high cost of fuel.

[@Shepherdservices317]

This last part about boat migration was fucking great info. I don't care what chasing latitudes says about u, this is good info.

[@ratusbagus]

Thought provoking stuff Tim. In UK and Europe people bought holiday homes in the same country and snapped up every boat they could find because they couldn't fly off for a vacation. Now these are beginning to be sold while the market is still high. I'm buying a 90s boat next off season. I don't care if I can't sell it in 10 because I'll be too old to sail a big boat. I'll just swap it for a smaller one.

[@Mursaat666]

Sometimes i think to myself if i was still a single guy i'd have rather bought myself a nice 150k live aboard boat instead of a 180-190k house, just for the sheer fact if i dont like where i am i can just move up and down the coast... cant move a house like that.

[@marceld6061]

I would rather start with the house. It will likely rise in value over time, maybe even enough to borrow money against to buy a boat? *Then* buy the boat and rent out the house while travelling. It would pay for your travels and allow you to still keep an appreciating asset versus just the boat. When you 'age out' of boating or maybe tire of it, you can move back into the house. Don't get me wrong, I love to travel. My idea is not for everyone but I think building 'wealth' before buying 'toys' is the way to go.

[@nevergiveup-db6fp]

@@marceld6061right😀🌴🌴🍺🍺

[@donaldlaury7193]

There's certainly a lot more supply in the market than the last couple years.

[@Marc_de_Car]

Thanks

[@stevecox9714]

Well thought out storyline….

[@CaptnPea]

Pretty much agree with the overall jest. It's hard to tell the future though. Will the battle axes go the way of the dodo bird? Only time will tell. I am helping a buddy right now in shop in the $40k range, Great Lakes region, and it's tough to find something that's been maintained at a reasonable level. CPT. EP

[@dbc7772011]

Well, I think there are many factors adjusting the price of sailboats. In the great lakes region, I would guess buying in January through April would be the best time to get a deal. I have sailed on Lake Erie and love it during the summer and early fall but pretty bleak once it gets cold and dark. Also I’ve noticed prices in Florida seem less than the west coast simply because of the supply and generally everything is pricier on west coast. The economy is going to be affected by increased interest rates. This will definitely affect the boat sales. If the overall economy takes a big hit, we’ll see prices drop like a rock.

[@xbioman7882]

LOL! Boats you can't buy if you care about resale is all sail boats, power boats, paddle boats, basically any boat.

[@pearl-pf6xz]

Ah, I got a kayak, I'm safe.

[@jeandoucet5565]

I thought you would mention the new luxury tax in canada

[@gpleva]

What’s your opinion on a Bristol 35.5 1982 full keel, in nice condition, for $25,000 never was used for racing, from Lake Michigan?

[@A_Pa-Plainjane]

I'm just a random guy who is playing devil's advocate. and also Im a little jealous. Can you handle it and do you have some good experience ? A survey by a quality person is essential. Research the plus and minus of the vessel. Know where you will be and what you hope to do. You probably know better than anyone else. I say go for it. Are you going going to keep it there or go anywhere else ?

[@pieter6139]

Awesome video … if it only I wasn’t stuck on the Southern tip of Africa…. Guess next year is always there 🤪

[@captainsukycannon1167]

Someone should buy up landlots and use these boats as low income housing.. take off the masts - dig a hole - put in sailboat - build a covered porch around it.. and voila.

[@mountainmandale1587]

Bro, you're almost up to 50k subscribers! Good job!👍

[@LadyKSailing]

Right?>?!?!?!?!?! HOLY CRAP!

[@amyw.2190]

How about one on "will I be able to afford a sugar scoop and an aft cabin in five years?" I know, who knows?

[@lennartdekker8396]

I’m sure that a glooming recession and the higher interest rates have a impact too. Inflation can be explained in two ways ; people have less to spend / and some price groups will go up. I would guess especially boards in the lower end of the market.

[@porterandmjyoung4599]

When I started blue water sailing in early 80s, ur Sat Nav had to know where it was, date, time and then some times the system missed the 1 hr 40 time slot and they were not positions in non commercial areas. And if you sailed the Bahamas, you depended on Lorans (radio triangulation) so going south of Nassau was not for the feint hearted. So the Exumas belong to serious sailors and the drug lords. Then GPS with distortion, then GPS dead on and the village idiots (and great guys, too) could, as you say, migrate to GT. One slight laugh: GPS was accurate, charts not necessarily! GT entries N and S were wrong but the guide books now give the correct coordinates (avoid the S unless you can read the water!)

[@InvistanoExteriorcomEricoSouza]

When you mention the price is it in CAD or USD?