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06-21-2021, 10:11 PM
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#1
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Guru
City: Sharon, Ma
Vessel Name: Slow Lane
Vessel Model: 2005 Silverton 35 Motoryacht
Join Date: May 2017
Posts: 1,162
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This seems "cheap"
This boat sounds like an amazing deal on paper. Why is it so cheap??
https://www.yachtworld.com/boats/201...on-95-3833614/
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06-21-2021, 10:17 PM
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#2
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Guru
City: Meydenbauer Bay Yacht Club
Vessel Name: Lulu (Refugio sold)
Join Date: Mar 2012
Posts: 1,284
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What do you find attractive about that boat? Other than it’s size
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Keith
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06-21-2021, 10:26 PM
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#3
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Guru
City: Sharon, Ma
Vessel Name: Slow Lane
Vessel Model: 2005 Silverton 35 Motoryacht
Join Date: May 2017
Posts: 1,162
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Quote:
Originally Posted by refugio
What do you find attractive about that boat? Other than it’s size
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It just seems like such a good deal for the right person. I mean a new 40 foot boat is practically the same price. Lol
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06-21-2021, 10:29 PM
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#4
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Guru
City: Queensland
Vessel Model: Milkraft 60 converted timber prawn trawler
Join Date: Jul 2016
Posts: 4,335
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Rough around the edges but has potential
Great choice of power, I wonder where they are made?
Anchoring gear is light on, surely that's a mistake.
We run 1/2inch chain on ours and have stretched it twice
__________________
Everything on a boat is broken, you just don't know it yet
Full time cruising is repairing boats in exotic locations
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06-21-2021, 11:00 PM
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#5
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Guru
City: Coupeville Wa.
Vessel Name: Pelorus
Vessel Model: Californian 42 LRC
Join Date: Oct 2015
Posts: 1,755
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I think she's "cheap" because she's a simple work boat fit and finish. And much of the interior is not fitted out. To fit her out the way most would want a yacht to be fitted out would be big money. Another thing is "Not for sale or charter to US citizens while in US waters." eliminates a large part of the potential market.
__________________
Some things are worth doing simply because they are worth doing.
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06-21-2021, 11:07 PM
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#6
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Guru
City: Burien
Vessel Name: Intrepid
Vessel Model: North Pacific/ NP-45 Hull 10
Join Date: Apr 2020
Posts: 592
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It does seem like a lot of boat for the money. Not sure what i would do with it but does seem like a good value.
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06-21-2021, 11:25 PM
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#7
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Guru
City: San Diego
Vessel Name: SEA WOLF
Vessel Model: 1979 CHB 41 Trawler
Join Date: Feb 2020
Posts: 672
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Quote:
Originally Posted by South of Heaven
This boat sounds like an amazing deal on paper. Why is it so cheap??
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My guess is that the market for austere recreational 95-footers is pretty slim.
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06-21-2021, 11:28 PM
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#8
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Guru
City: Currently hiding out in Smith, NV, USA
Join Date: Apr 2019
Posts: 1,170
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This seems "cheap"
Buy Circumnavigator’s 79 footer, for about 40% of this price, likely as capable, better fit and finish, North American 60Hz AC, 15 feet shorter for those dock$ide stops, thicker steel - and it actually comes with a nice tender instead of just hinting at one.
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06-22-2021, 03:34 AM
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#9
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Guru
City: Aventura FL
Vessel Name: Kinja
Vessel Model: American Tug 34 #116
Join Date: Oct 2017
Posts: 9,616
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Ride it out of US territorial waters, buy the boat and bring back. That used to be done years ago. Just remember to put the purchase in the ship's log properly.
Size does matter. Paid crew.
__________________
The meek will inherit the earth but, the brave will inherit the seas.
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06-22-2021, 05:25 AM
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#10
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Guru
City: Queensland
Vessel Model: Milkraft 60 converted timber prawn trawler
Join Date: Jul 2016
Posts: 4,335
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Quote:
Originally Posted by Alaskaflyer
Buy Circumnavigator’s 79 footer, for about 40% of this price, likely as capable, better fit and finish, North American 60Hz AC, 15 feet shorter for those dock$ide stops, thicker steel - and it actually comes with a nice tender instead of just hinting at one.
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Link???
Add:
Ok, got it
https://www.gilmanyachts.com/yachts/...-CUSTOM/269206
__________________
Everything on a boat is broken, you just don't know it yet
Full time cruising is repairing boats in exotic locations
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06-22-2021, 07:48 AM
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#11
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Guru
City: Palm Coast
Vessel Name: Southerly
Vessel Model: 1986 Marine Trader 36' Sundeck
Join Date: Aug 2016
Posts: 1,231
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Beautiful boat with potential. It’s much like owning a 4000 sq foot house. Maintenance alone will be a boatload of money, ( pun intended). Your ports are limited to its size. Not for me, but if you have a place for her and love her, go for it.
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06-22-2021, 09:04 AM
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#12
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Guru
City: Aventura FL
Vessel Name: Kinja
Vessel Model: American Tug 34 #116
Join Date: Oct 2017
Posts: 9,616
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I looked at all the pics again, all that space, and realized, if I took all the furniture from my condo and put it onboard this boat, I would need to buy additional furniture for the boat. LOL
__________________
The meek will inherit the earth but, the brave will inherit the seas.
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06-22-2021, 09:43 AM
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#13
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Guru
City: San Diego
Vessel Name: SEA WOLF
Vessel Model: 1979 CHB 41 Trawler
Join Date: Feb 2020
Posts: 672
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Quote:
Originally Posted by Simi 60
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Wow! Yes, I'd go with FINTRY every day and twice on Sunday! No comparison.
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06-22-2021, 11:20 AM
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#14
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Guru
City: Galveston, Texas
Vessel Model: 24" El Pescador
Join Date: Nov 2014
Posts: 691
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Quote:
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Not for sale or charter to US citizens while in US waters.
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What are the ramifications, reasons for this? Some type tax related I would guess
__________________
Ken Diestler
Galveston, Tx
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06-22-2021, 11:44 AM
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#15
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Guru
City: Bethlehem, PA
Vessel Name: Lady Kay V
Vessel Model: 1978 Hatteras 53MY
Join Date: Oct 2015
Posts: 1,098
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Quote:
Originally Posted by Portage_Bay
Another thing is "Not for sale or charter to US citizens while in US waters." eliminates a large part of the potential market.
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Why? Players in that arena work with this all the time.
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06-22-2021, 12:11 PM
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#16
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Guru
City: Oconto, WI
Vessel Name: Best Alternative
Vessel Model: 36 Albin Aft Cabin
Join Date: Oct 2012
Posts: 2,150
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That ship hollers "commercial".
Hard to think of anything over a million as a bargain, at least for me.
pete
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06-22-2021, 12:29 PM
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#17
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Guru
City: Port Townsend, WA
Vessel Name: Traveler
Vessel Model: Cheoy Lee 46 LRC
Join Date: Nov 2011
Posts: 1,408
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Quote:
Originally Posted by OldDan1943
I looked at all the pics again, all that space, and realized, if I took all the furniture from my condo and put it onboard this boat, I would need to buy additional furniture for the boat. LOL
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Me, too! 
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06-22-2021, 01:34 PM
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#18
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Guru
City: Coupeville Wa.
Vessel Name: Pelorus
Vessel Model: Californian 42 LRC
Join Date: Oct 2015
Posts: 1,755
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I don't know the reasons, regulations and laws. I was just quoting the broker's statement on Yachtworld.
Quote:
Originally Posted by ktdtx
What are the ramifications, reasons for this? Some type tax related I would guess
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Quote:
Originally Posted by oscar
Why? Players in that arena work with this all the time.
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__________________
Some things are worth doing simply because they are worth doing.
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06-22-2021, 01:50 PM
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#19
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Guru
City: Currently hiding out in Smith, NV, USA
Join Date: Apr 2019
Posts: 1,170
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A foreign flagged vessel has to be imported into the US with duty paid before it can be sold in the US to a US resident. I think Canadian and Mexican vessels are partially or fully exempt from the process due to NAFTA/USMCA. I'm sure the seller like most sellers would not want to do that any more than I would like to sail a vessel to a EU country and have my plans change then import it and pay duties just to turn around and sell it. According to MarineTraffic, it's flagged in Antigua and Barbuda. I would think that so long as the transaction closes anywhere else you'd be fine i.e. subject to the laws of that jurisdiction instead of the US laws, and a closing offshore in international waters would be subject to the laws and regulations of your intended home base (in the US as a US resident you'd likely have to import it and pay duties - as the buyer  )
It might be easier and cheaper to establish dual citizenship in Antigua and Barbuda 
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06-22-2021, 02:21 PM
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#20
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Guru
City: Currently hiding out in Smith, NV, USA
Join Date: Apr 2019
Posts: 1,170
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