Hi guys, Just wanted to share my experience with a new built Princess 55 Flybridge purchase. A quick note to say that it is definitely not my intention to badmouth any brand or model. I am just writing hard facts for you guys to read and evaluate. It all started very good, with lots of promises and salesman painted rosy pictures etc. The yacht was already built. We ordered a few options that needed to be retrofitted. Delivery took place approximately 3 weeks later than promised. Day of the formal handover came and that’s precisely when our nightmare started. I’m writing this post on the 43rd day that the boat is stuck at the dock waiting for Princess teams to bring the boat to a condition ready for handover. Listing below most of the issues that we have encountered so far: Tech issues Aircon system not working. Watermaker not working / Leaking after repair due to faulty membrane. Mastervolt system not properly configured, not charging batteries Bimini hinge torn apart from GRP (reason not specified) Faulty main electrical panel Stbd engine alternator rotor grinding. Genset gas discharge noisy/splashing water. Sea water flooding in Lazarette due to unplumbed watermaker brine pipe Navigation system faulty compass constantly swinging. Autopilot not working. Aft station Volvo controls not working, locker damaged. Water leak from cockpit to engine room, water drip to inverters/chargers top section Failed Mastervolt combi inverter Inverter/Chargers derating/shutting down due to overheating/poor air circulation in Lazarette Water leak to Guest cabin. Damaged ceiling and speakers. Damage caused by stainless steel chain mismatching windlass gipsie drum. Chain piling up and getting stuck in chain locker during anchor drop and recovery. Chain locker not draining. Chain counters on both stations not working. Wireless chain controller not working. Bimini top sagging with rain water on 3 sections Guest cabin aircon system fault Saloon Audiovisual system not receiving command from remote controllers Faulty bilge water alarm in Engine Room Water leak from engine room hatch drains Port engine seacock not operational due to watermaker pump obstruction Genset battery charger exposed to water and debris VIP cabin lights not working Master bathroom shower mixer not supplying hot water Transom shower mixer not supplying water Gyro inverter support brackets loose. Rattling sound from Gyro Lazarette extractors not working. Missing components. Dirty aircon fancoil filters Damaged engine oil dipstick Water leak from flybridge access hatch. Hatch hinges loose. Hot air backfeeding from engine room extractors to lazarette Unsecured drain box in lazarette Master cabin aircon duct twisted Engine coolant residues in Generator casing Broken water inlet elbow in lazarette. Damaged bimini shackle Paserelle stanchions not folding properly to allow retracting of the passerelle Bilges containing water and debris Broken chain & storage locker gas struts Misaligned crew area door hatch grinding gelcoat surface Engine ladder impossible to remove without tools in order to access genset area. Loud gurgling sound from Galley sink Cosmetic Issues Damaged ceiling falling down in Guest cabin Cracked/Damaged/Stained teak planks on 6 locations Stains/Dents/Gelcoat damages in superstructure and hull (total 57 spots) Sagging ceiling in Galley Defective master cabin window (needs replacing) Defective dining table. Leafs not holding up. Damaged bed frame in guest cabin. Broken gas struts in 3 locations. Tender cover supplied not matching order Entrance curtain supplied not matching order Saloon storage cover lid dropping Exterior covers not fitting Scratched/stained teak tables in Cockpit and Fly Carpet edges coming off in steps Loose bow awning pole sockets Broken guest cabin door restrainer Dirty cockpit and interior seating Stained carpets Damaged mosquito porthole nets (4x) Missing crockery/cutlery. Messy sika jobs on flybridge repaired bimini Corroded screws/parts in 14 spots Scratched Stbd electric window Missing flybridge sink cover Broken fancoil panel in Saloon Saved the best for last: 128 days past since a simple child safety net has been ordered to be fitted onto sidedeck handrails (3700 EUR extra cost paid in advance). First version delivered in wrong material. Second version delivered in wrong size. Still no net onboard. Hope this was an exception for Princess and that they do not deliver all of their boats in similar condition…
At least the bow didn't fall off.. Seriously I am sorry if you really had to deal with all those issues. I am curious as what other members are saying about the build quality of Princess.
If you're not using an attorney, you should be, and I personally would not ever accept that boat at this point. Have you actually accepted? I've never seen a boat with a list like that made completely right by the dealer or builder, plus there's always the lingering bitter after taste. I've seen such lists on boats from builders I consider inferior to Princess and then on a builder I consider superior overall but not on a specific model. Sometimes it's a new model. I know one builder who has delivered three of a new model in the past few months. One is back on his lot for sale, one is headed to another boatyard to have things fixed and a third was shipped 2000 miles away but has some of the same issues. This is also a reason to require satisfactory survey on a new boat.
Maybe you should make a video like the one of that Azimut a few years back. At least this one isn’t going in reverse when you put it into forward gear.
Thanks for the comments folks. They have tried hard to get our signature for the acceptance protocol promising this and that etc but we informed them that unless all defects are rectified to owner's satisfaction, there will be no acceptance and that the matter will be escalated progressively. At that time they started to take us seriously and started to mobilized their teams. It is quite frustrating to pay close to 2M for an unfinished/untested brand new boat and had to go back to shipyard works in the middle of season. They have fixed quite a bit of items in 40+ days although at their own slow pace as they treated the defects as warranty works. We thought about getting lawyers involved at the beginning, but once they have started works onboard we suspended our decision not to break their momentum. Costwise it certainly makes sense for the shipyards to push out unfinished boats and let the dealer handle the mess. In the long run, I think that what goes around will come around. Here are some pictures (Part 1) Admin Edit: As these pictures are oversize, you will need to click and open each pic to see the full extent of the issues.
Two things... 1-Have you given them a deadline...in writing... 2-Are you sure that boat wasn't ever delivered to someone else or perhaps dropped or damaged on the yard? Check the serial numbers and year on the engines and make sure it is all current year. That boats been through hell and they owe you an explanation. It's not just lousy workmanship and quality control. There's been damage.
That's a NEW boat? Time for the attorney's. Your supposed to be investing in a NEW ship. The damage from these issues will return in your future near and far. Mold and water stains are forever. The rust from that cleat will always return. Chances are, even a new cleat from the same vendor will rust also. In the last pic, is that dried salt in the open electric box?
Has the builder been involved in this or just the dealer? I would try to get this to the top of the food chain at Princess. I can't imagine a builder delivering such a defective product.
In just a few snapshots there are more issues than you may be are aware of. For instance, the corrugated hose on the Stabilizer Cooling side of the raw water strainer looks suspect. I would get a top notch Surveyor asap (if you haven't already) and go over the boat with a very fine eye for defects. Repeat - I would do this right away! I would go over every system in detail. I would also ask for proof/copies of the boats EU certification, has it been completed? Sorry, I meant CE Certification: https://www.nmma.org/certification/ce-certification Standard stuff for European builders, but with this lack of attention to detail, makes me wonder what else?
That boat has all the indications of a very neglected and abused boat, not of a new boat. I wouldn't buy it at any price, but the appropriate price for that boat with everything fixed would still be used boat pricing, at least 20% off the new price.
"... the appropriate price for that boat with everything fixed would still be used boat pricing, at least 20% off the new price." When it comes time to sell, you might have a problem with this boat's history. I would feel the need to disclose the "birthing" history to potential clients since this appears to go beyond new boat bugs. In addition to all of the regular broker fluff and buff, I would say that all issues were resolved, but why would someone buy a yacht with disclosed history if sisterships are available that don't have a history. I would ask for future damages in reference to possible resale problems and potential loss of fair market value. Judy
Have you completed all the paperwork and own this boat? Did not see a reply to that. I can not understand how that boat could be sold in the condition it is in. I really feel sorry for your situation and that you have to go through this. This should be a happy time with your new boat not dealing with all the issues. Pictures are unbelievable, the bimini looks like there was water sitting for long time to get it to stretch out that badly. Looks like rejects were working on the build. Best of luck, but if you can walk away sorry to say this but walk away as long as you get your money back.
Reality is it's not just a used boat. It's a used boat in very bad condition with a very bad history. It reminds me of a boat on the market a few years ago where the litigation between the owner and builder was all over the internet and well known. I would love to hear the dealer or builder's story. I've seen flood damaged autos that were in better shape.