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Re: Bareboat - why are charter rates so high?
[Re: Murdock]
#262858
08/19/2021 03:36 PM
08/19/2021 03:36 PM
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Joined: May 2019
Posts: 143 Southeast of Disorder
Time Will Tell
Traveler
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Traveler
Joined: May 2019
Posts: 143
Southeast of Disorder
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I cannot say that I have compared the prices, but it could also be that the costs of buying a new boats has steadily risen, even in the age of Covid.
Peter s/y Time Will Tell peter@syTimeWillTell.com
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Re: Bareboat - why are charter rates so high?
[Re: Murdock]
#262860
08/19/2021 04:21 PM
08/19/2021 04:21 PM
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Joined: Apr 2002
Posts: 6,719 GA/NC
GeorgeC1
Traveler
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Traveler
Joined: Apr 2002
Posts: 6,719
GA/NC
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Make sure when you compare pricing from the past you are comparing like cost boats. As others have mentioned pricing on new boats is much higher. The Moorings flagship boat a 50 Beneteau back in 2000 was 300,000. The 4700 Cat was 450,000 in 2003. The M5000 catamaran is over 1 million today. The boats are also larger today relative to length. A 45 foot cat today has the room of a 50 footer in years past. The same can be said for monohulls. Generators, AC, Watermakers, Electric winches inverters ect. all drive up costs. There are options for lower cost boats. Conch charters always does a good job. Keep in mind you can also try negotiating a lower price. Business at the moment is not booming! G
Last edited by GeorgeC1; 08/19/2021 04:23 PM.
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