Tuesday, August 14, 2012

August proves Summer isn't slow for Everyone

Gilman Yachts has kept quite busy this Summer. Proving that there are buyers out there and they are getting great deals.
Wayne Cannava recently assisted his clients to take delivery of their new 82' Viking Convertible that was launched this month. She is stunning, loaded and ready to fish. You'll surely see her at the next tournament.
Wayne seems to be the new build broker here at Gilman. Another client has just signed contract for a new build 80' Horizon that is due to be delivered March 2013 following a visit to the yard in Taiwan.
Jeff Stanley is pounding away at the pavement signing three new boats for sale:
  • SWEET WILLIAM - 65' Johnson 1995 asking $475,000.
  • X SALANT - 47' Sea Ray 2008 asking $499,000.
  • METALICIOUS - 42'6" Jersey asking $115,000.
Joe Majcherek this week just sold KOKOMO. A 69' Real Ships Expedition vessel that will be taking her new owners around the world.
A recent quote from BoatInternational.com's July 2012 Market Report regarding brokerage sales says this, "We were told of 25 brokerage boats sold in July, a steady sales tally showing a modest increase on the 17 sold in June. July’s highlights included two Feadship motor yachts, the 46m 1986-launched Highlander and 1987-launched, 43m Kingfisher.
A year ago in July the figure was 29 – four more than this July. At that time, sales were tailing off from a notable Q2 high of 99, a figure not seen since the GFC and not repeated this year. Indeed, 179 boats were sold by the end of July 2011, compared with 143 sold so far this year. In hindsight it seems more and more as if 2011 was an exceptional year, rather than the beginning of a strong, long-term trend that would take the industry back to solid ground.
But if we look at this year so far in the context of the last few years, 2012’s sales figures don’t look so bad. This year’s 143 sales beats the 125 sold in the same period in 2010. Also, while brokers in our H1 market report said that the first quarter of 2012 was considerably better than the second, we no longer seem to be experiencing the violent highs and lows we did before 2011."

If you'd like some more information on any boats we have or questions regarding purchasing or selling, call us or email us. We'd be happy to answer any questions you may have.