Ownership Costs Pushing People Towards Boat Disposal
Costly Boat Storage Fees
In recent weeks we have had a number of emails from boat owners who are looking to avoid the on going costs of boat ownership. With the cost of living crisis only set to get worse, people with costly storage fees are trying to save their money.
One of the boats we have been asked to deal with is a Jaguar 21 Yacht. The owner was due to be paying close to £4,000 to keep the boat in a local marina. He had tried to sell the boat but with no luck he made the decision to scrap her. Our first reaction when we saw the boat was that it was still a nice boat. It’s always a shame to be asked to scrap boats that would have some life in them. Unfortunately if people don’t buy these old boats their owners will look to scrap.
Boat Recycling
Our boat breaking team will make sure that everything that can be recycled from the boat will be. There are some really nice self tailing winches on her deck. There is also a brand new set of Kevlar sails and some decent clutches. If we have to scrap nice boats we always want to make sure as much is saved as possible.
The Boat Scrapyard Group on Facebook will be the best place to see what boat bits we take from her. We’re sure the best bits won’t be around for long.
Repair to Sell?
We also had a message about a boat on the Hamble. The owner has said he’s no longer fit enough to use her and wants to explore the option of us taking the boat. To get the boat back on the water he has been quoted around £25,000. He is obviously looking to avoid this as it doesn’t make any real sense for him. He would have to pay this and hope he could sell her for more to get his money back. That’s if he could sell her. On top of this the marina he is in would charge around £11,000 a year to store the boat once she’s in the water.
Hopefully we can help him find a solution that doesn’t involve scrapping her. We should be able to help re-home the boat through the Boat Scrapyard Group.
When and if we deal with both boats we will make some videos about each for the Youtube Channel.
Finally, If you have costly mooring fee renewals around the corner you can escape them but choosing to scrap. Just fill in our Scrap Calculator and we will work out the best price possible to dispose of your boat.
Written By: Luke Edney
Luke completed a journalism degree in Brighton University and fortunately for us uses this in his communications, Facebook posts, Tweets and emails to tell all our enquirers and followers what we are up to. Without Luke we would be lost, he runs the office, keeps us organised and is like a terrier and never lets a tricky boat disposal job go un-photographed or Tweeted about.
He also manages all of our enquiries passing them to whoever in the team is the best suited to deal with it. We are teaching Luke how to drive a motorboat or sail a yacht so while he’s learning we suggest you keep out of the Solent!
When he’s not at work he’s a massive football fan (his Dad used to play for Portsmouth FC years ago) and seems to know everything there is to know about any player, anywhere. Next time you ring and he answers, think of a tricky football trivia question and ask him
Date Published: August 19, 2022
Last Modified: August 30, 2022
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