Premium Boat Values - A 'Lifestyle Accessory' Or 'Expensive Landfill?'

Boat values are plainly matters of keen interest toapparent extremes and small keel root footprints,
Buyers in 'used boat land'. Production yachtscombined with inadequate floor structures; floors being
manufactured in factories, seem to hold their valuethe transverse structural members that distribute keel
better than most. But one would have to question howloads to the hull.
come. People who know boats and have worked inSubstantial floors not only cost to produce, but they
repair yards have had opinions for years, that some ofimpinge upon the lifestyle critical requirements of head
the big brands are sailing 'accessories' all marketingroom and interior volume. The market deems lifestyle
hype and little substance.features to be critical whereas strength and
As proof of the point, the set of pictures presently inseaworthy design are apparently secondary. In all of
the public domain, of a modern production yachtthis 'normal usage' apparently isn't meant to include
somewhere in the Mediterranean, with it's rig collapsedgrounding mishaps.
and a gaping hole in the bow where the fore-stayTrouble is; 'normal usage' does include grounding
fitting was... throws a filthy great spanner into themishaps and lots of them in the course of the life of a
works of production yacht values.sail-boat.
This production yacht didn't hit anything but rather theYour author during a recent sailing trip from north
bow sheared off as a result of 'rig tension' exposingQueensland to Tasmania, entered Great Sandy Strait
an extraordinarily flimsy, paper thin layup.one night just before dawn. Feeling a bit frazzled after
Is the name production yacht you're about to buy, asa trying night, I was somewhat less than fully attentive.
good as... and possibly about to become...landfill?My Partner was asleep below and we were headed
This gaping hole & cardboard thin layup is essentiallyto an anchorage just a few miles further into the Strait.
the outcome of forces set in train by economics andAll in all it wasn't a wonderful time to have my 'eye off
marketing perceptions, mandating what boats arethe ball', because with the current running at 4kts and
supposed to be all about in today's World. To thissailing wing and wing with a poled out Genny driving
unfortunate mix, is added a large dose of 'designerthe boat at 8kts, we were doing nigh on 12 kts over
influence'.the ground.
All of this complicates the issue of boat values and theAltogether not ideal circumstances to make a
buying process. The market might value productionnavigation mistake; but make it I did, with the result that
boats highly, but this isn't going to help if the boat you8.5 tons of sail-boat hit a sand bank at full tilt.
acquire is prone to structural failure that might put it onGetting off that bank was anything but an
the rocks if not on the bottom.entertainment during the following hours, but at least
Moreover 'designer influence' has driven all kinds ofthere was no damage to the boat. Had the boat
anomalies in design and construction. As a boat Buyerhowever, not possessed a long keel shape and heavy
you might well find this shocking. If it isn't shocking, itfloors, but rather a narrow section foil with a bulb, this
should be.grounding would have torn the bottom out of the hull.
Having been involved in boat repairs for some yearsOf course you may say that you would never be so
however, I am neither shocked nor surprised! I havecareless as to hit the ground at full speed. But the
worked on production boats similar to the vesselinconvenient truth is that if you go cruising, you will run
depicted with hull sections so thin and flexible at deckaground! I have run aground more times than I can
level that the laminate could be flexed with the fingerscount over the years and I consider myself to be
of one hand.more cautious than most. It will happen; you can bet on
The 'hull to deck' joint is a notable stress point on ait!
GRP hull. Weakness and flexing at this point is oneIn fact many racing yachts with serious keel problems;
reason why so many GRP yachts eventually leak athave not even experienced a grounding. These
the hull deck joint. Leaks here can be destructive tostructures have failed, as a consequence of mere
interior furniture and difficult to remediate down thesailing stresses.
track.As Buyer, you need to be aware that a boat that
But to return to our expensive European brand namecannot take the treatment will end up as land-fill,
yacht, these boats have delivered their owners moresooner if not later.
than their fair share of keel problems. These problemsOnce upon a time boats and yachts in particular were
which are apt to have serious consequences;designed either by Naval Architects or Boat Builders
essentially derive from the same root source; namelywho were often even more savvy than the former.
light construction, the striving for interior volume and theThe focus of their attention in those days was upon
push for speed. Pre GFC, this European manufacturer,sailing ability and seaworthiness. Among the many
was pumping out 8000 units a year on a productionnovel (in modern terms) attributes of boats built by
line reminiscent of Henry Ford's famous 1903 Model Tsuch people is that when knocked down, they actually
facility whereby you could have any color Model Tpopped back up. Moreover the idea that a keel might
you liked, so long as it was black.fall off... was utterly unheard of in those days. Boats
Old time Shipwrights familiar with the way boats werewere built to last 100 years or more.
once built, gasp with incredulity at structural deficienciesKeels falling off are almost routine events. Racing
typified by these photographs. Where are theyachts knocked down, or heaven forbid knocked right
scantlings? Where is the reinforced lay-up?over, have a nasty tendency to stay upside-down,
The answer is that it ain't there... cause it don't exist!long enough to drown crew members tethered to the
Structural integrity has been subsumed by 'designerdeck and/or to sink before those trapped inside can
influence'. Maybe this is what Nathanael Herreshoffexecute their escape.
was thinking, when he famously said way back, that:Occasionally boat Builders are prosecuted when lives
"frozen snot and bandages is no way to build a boat".are lost, but are these individuals simply a handy
It's kinda looking like old Nat had a certain prescientscapegoat? Well might you wonder.
insight that escaped most everyone else at that time.If you are an intending sail-boat Owner, hopefully
From the viewpoint of production economics, if youcatastrophic failure will not eventuate during your
can dispense with those tedious and expensiveownership. And hopefully the boat will not drown you
craftsmen/tradesmen/artists who used to be calledor anyone crewing for you during your period of
'boat builders' and all you need is a kid with his hat onownership. But these are real risks associated with
backwards and able to point a chopper gun, then you'llmodern designs. As a Buyer you need to be cognizant
cut your costs to the bone. But will the product be oneof the issues before you sign on the dotted line.
that the Owner can rely upon when push comes toThe point is: what are you really buying and for what
shove in a seaway?intended purpose"? Will the boat you have in mind
Something profoundly disturbing has occurred in boatreally do the job? As a prospective boat Buyer this is
building and design. It's an unhappy collision betweenthe shape of at least one discussion, that could literally
the 'go fast' mentality and demands of a luxury lifestyleif not figuratively; save your bacon.
afloat. The outcome is light construction taken to