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Sunseeker 28m Info/ price questions

Discussion in 'Sunseeker News & Launches' started by fadedfate, Jul 8, 2012.

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  1. fadedfate

    fadedfate New Member

    Joined:
    Jul 8, 2012
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    1
    Location:
    UK
    Hello All.

    I have always had an interest in boats and looking forward to sharing and speaking to some fellow members.

    Recently i took an interest in a 2003 28m sunseeker and wanting to know more info on such boats.

    Anyone know them? Been on them etc....? I know there's a sunseeker range like predator etc.... But what type is this?

    Can anyone guide me as to pricing of such boats?

    I can imagine it would depend on fit out and hours used. But based on say a decent fit out and say average use/ hours can anyone advise on value?

    Its similar to this one below

    Attached Files:

  2. AlfredZ

    AlfredZ Senior Member

    Joined:
    Oct 29, 2009
    Messages:
    568
    Location:
    Landlocked in Europe
    Hi there and welcome aboard,

    Check this review for a larger predator of the samily:
    http://www.yachtforums.com/forums/sunseeker-yacht/2413-review-sunseeker-108-predator.html

    As for price, they should go for between 2.8 and 4 mil (USD) depending on the condition, interior, equipment and so on. There is one floating around (Or not!) that is offered for less than one mil, it was submerged up to its weather deck for a long time and is a fixing project (A large fixing project!).

    I would suggest that you make sure the boat you are looking for is suitable with your boating requirements, these are cruising yachts, built for speed and comfort is granted in good weather only, if you are in for serious boating in all conditions and for longer periods, I suggest you check other types of boats, be on them, go out on the water and see which one does the job required. It is an investment so invest wisely (If this makes any logic in boating).

    Good luck with your quest.

    Cheers,

    Alfred
  3. SseekingEcoast

    SseekingEcoast New Member

    Joined:
    Aug 21, 2012
    Messages:
    2
    Location:
    Sag Harbour
    Sunseekers

    I have always had an interest in boats and looking forward to sharing and speaking to some fellow members.

    Recently i took an interest in a 2003 28m sunseeker and wanting to know more info on such boats.

    1. Get in touch with someone within Sunseeker to go over your boating needs and desires - any local dealership will be suffice

    Anyone know them? Been on them etc....? I know there's a sunseeker range like predator etc.... But what type is this?

    2. The boat in the picture appears to be a larger Predator model in the 75'-90' range

    Can anyone guide me as to pricing of such boats?

    3. You can view yacht world to get an idea of what the current market is for any boat desired

    I can imagine it would depend on fit out and hours used. But based on say a decent fit out and say average use/ hours can anyone advise on value?

    4. Surveyors are the perfect outlet for these kind of questions when you take a sea trial on a given boat youre looking into possibly purchasing - Everything is contingent on exactly what youre trying to figure out and the surveyors are the ideal candidate for this

    End quote - good luck with your boating desires and endeavors
  4. FoxMitchell

    FoxMitchell New Member

    Joined:
    Aug 10, 2012
    Messages:
    10
    Location:
    Richmond, VA
    Not to deviate from the topic at hand or question Alfred's knowledge, but I've heard that before ("it's an investment"), but it seems that you pay one million today for a yacht and tomorrow when you want to sell it you have a hard time getting most of that back.

    Can a yacht ever really be an investment you could expect to get back at least what you paid for it if you decide to sell?
  5. discokachina

    discokachina Senior Member

    Joined:
    Mar 21, 2010
    Messages:
    1,301
    Location:
    Ft. Lauderdale
    Google "Wealth: Why A Yacht Is A Good Investment" and you will find a Wall Street Journal video with some nice viewing of a beautiful Swan 48 and owner along with what he and financial advisers have to say in answer to your question.
  6. AlfredZ

    AlfredZ Senior Member

    Joined:
    Oct 29, 2009
    Messages:
    568
    Location:
    Landlocked in Europe
    Hi there Fox,

    I guess by now you have googled "Wealth:...", thanks to "Disco" that should be enough but I like to pitch in my point of view when I say "investment" about a boat.

    When you pay lets say $1mil on a boat, you did not pay it up for charity, you payed it against a physical property that you acquire and get hold of to use in the matter intended to it. You payed $1mil as a market value at time of purchase, when you want to sell, you will get the market value at time of selling. For boats, because it is more of a luxury investment, then second hand boats are more of a buyer's market, and this market is under greater effect of economy being a product of extreme luxurious status, and at the same time it is subject to product condition, you can buy an "okay" home when you must, but you buy an "okay" boat only when the price is right.

    So, for such an investment to be worth it, when shopping for a boat, you have to consider a type, size, setting of boat that holds up its value when put to resale, and when getting a new build, avoid modifications that might not attract others, and install every necessary gadget to make your product attractive at the time you put it in the market, selling in boating season holds better value than of season. Maintenance is the important thing, because boats are black holes for cash, the tighter that hole, the more attractive the boat is to prospect buyers.

    Now, to show you how this $1mil investment can be more profitable than you think, I want you to remember, (if you have gone boating), how many times you saw the happiness of your family while boating and said to your self: "This is worth a million bucks!", and remember how many times you anchored at a $1mil view, and threw up a party or had a gathering that were worth more than a million dollars. Sum all those millions up and come time to sell, you are the winner!

    This is just how I see it.

    Cheers,
    Alf