what do you expect buying a old boat that is over 40 years old –

You’ve laid out a tough but important reality for anyone looking to buy an older monohull yacht in South Africa. With the vast majority of boats being over 40 years old and no new builds for decades, buyers must be prepared for the inevitable maintenance and restoration challenges.

Many prospective buyers come with a limited budget and unrealistic expectations, hoping to find a gem that’s ready to sail without the usual wear and tear that comes with age. As a broker, it must be frustrating to navigate those conversations, especially when you know that most older boats will need work—whether it’s hull repairs, rigging updates, or engine servicing.

It’s crucial to emphasize to buyers that they should budget not just for the purchase price, but also for ongoing repairs and maintenance. They should be ready to dive into the details of each boat’s condition and history. A well-maintained older yacht can be a great investment, but it’s all about managing expectations and being prepared for the realities of boat ownership.

Educating buyers on what to realistically expect can help them make informed decisions and avoid disappointment. Have you found any effective strategies for helping them understand these realities?

well the answer is yes at Angela Collins Yachts we make buyers aware of what they need to understand when buying a old yacht.

if you are into racing yachts this is an exceptional find

 an exceptional find this farr 40 needs no introduction to the yacht racing world,but this yacht and its owner have won many line honors in this yacht and its serious value for money when you look at its condition and its inventory of over 32 racing sails that are actualy worth more than the boat itself. priced at R1,4 million zar its a steeeeal.

It is nice to own a nice clean well looked after yacht

as my heading introduces its nice to own a nice modern clean and well looked after modern yacht – i personaly am so tiered of working on old neglected yachts – so when you come across yachts that the owners have well maintained and in a condition as if they were new its an exceptional find  – this Knysna 500 is the perfect example of what i am talking about – yes its some serious money but way less than a new one ,considering this yacht has so few sailing hours and is in mint condition its a find of the centuary – prices at R13,000,000. compaied to a new one.and of course Angela in her elemant on a test sail on this beautiful boat.

new listing of a L34

Lavranos L34 in cape town – R450,000.

The L34 is a well designed performance club racer from the 80’s they are a bit of a legend in south african waters and realy need no introduction – this L34 has been very well looked after with the same owner for the last 20 years 

contact Angela Collins 0649138516

angela@angelacollinsyachts.co.za

our clients Testimonials of our services

Testimonials 

Thanks Angela and Mark for all your help and expertise when buying our yacht.
It was so nice to work through people we could trust and you made every effort to help answer our questions.
We love the boat and plan to enjoy it for a long time but if we ever sell you will be the first to hear from us.
Best

Allan and Bettina Taylor

Testimonials 

Hi its a pleasure you and Mark made the journey of getting the boat and all a great experience,we really apreciate it.we just got home from the boat cleaned her up alot rearanged things,its so cool the boat is awsome really loving it.see soon TJ & Lexi
Hi Angela
Thank you so much for your excellent, efficient and thorough service and support throughout the entire process.
Wishing you and Mark all the very best, until we meet again.
Take good care.
With reverence and gratitude
 
Anthony Posemann
Founder | Owner
Universal Vision
Many thanks to you and Mark for your efficient & friendly management of the sale of Feisty.
regards
Dawn and Mel Hawtrey

don’t own a boat if you can’t look after it

“don’t own a boat / yacht if you can’t look after it”

as a sailor – boat owner – boat builder – broker ,it never ends to surprise me how badly some boat owners neglect there boat ,then these same owners when selling expect to get top dollar for it ……….

we recently came across a beautiful yacht we owned back in 2000 – 2003 a Lavranos morgan 31 it was the most beautifull yacht in durban marina every one used to comment on her – we came across our boat in houtbay marina,if the name was not on the bow we would never have recognized her – what a shame its been turned into a piece of shit is the only words to describe her.

you have buyers who buy a beautifull boat and neglect them badly  – and you get buyers fortunatly who buy a neglected boat and turn it into a beautifull boat.

from a brokers point of view and advice look after your investment because not only will you get your money back but will bring you endless joy saling – but if your boat has not been looked after and you have tured it into a neglected wreck …then dont expect a goob price,so if it gets to a point that maintaing your boat is unafordable rather sell while you can get a good resell price.

testimonials from our sellers

Testimonials from our sellers and buyers- angela collins yachts cape town

Hi Angela

Thank you so much for your excellent, efficient and thorough service and support throughout the entire process.

Wishing you and Mark all the very best, until we meet again.

Take good care.

With reverence and gratitude
 
Anthony Posemann
Founder | Owner

Universal Vision

Testimonials buyers 

thanks Angela,now the hard work starts,thanks for all the assistance –
thank you Angela,was a pleasant experience dealing with you and your hudsband –
from Hendre and Lawrence Van Der Westhuizen brothers

finally the yacht is ready – sea worthy and sailing

finally the yacht repairs are done and the boat is sea worthy – every thing on the yacht has been fixed,services ,repaired or renewed – the main aspect is to have a sound sea worthy yacht you can trust

Angela and Mark Collins understand yachts and what it takes to build yachts and maintain yachts and to make sure your yacht is sea worthy and that your yacht can be trusted ocean cruising.

Buying an old yacht and yacht repairs

Buying an older yacht can be a rewarding endeavor, but it requires careful consideration and planning, especially when it comes to potential repairs and upgrades. Here’s a comprehensive guide to help you navigate the process:

Assessing the Condition

  1. Survey and Inspection:

    • Professional Survey: Always start with a professional marine surveyor. They will provide a detailed assessment of the yacht’s condition, including the hull, deck, engine, rigging, and onboard systems.

    • Sea Trial: Conduct a sea trial to test the yacht’s performance and systems under real conditions.

  2. Identify Key Areas:

    • Hull and Deck: Check for cracks, blisters, or signs of significant wear and tear.

    • Engine and Mechanical Systems: Evaluate the engine’s condition, maintenance history, and any potential issues.

    • Electrical Systems: Inspect the wiring, battery condition, and onboard electronics.

    • Interior and Comfort: Assess the state of the interior, including cabinetry, upholstery, and sanitation systems.

Estimating Repair and Upgrade Costs

  1. Create a Repair List:

    • Based on the surveyor’s report, list all necessary repairs and upgrades.

    • Include critical repairs such as structural issues or engine overhauls, as well as cosmetic upgrades like new upholstery or paint.

  2. Get Quotes:

    • Obtain quotes from marine repair professionals for each repair task.

    • Compare prices and evaluate the scope of work included.

  3. Budget for Unexpected Costs:

    • Older yachts often have hidden issues. Allocate a contingency fund (typically 10-20% of the repair estimate) for unforeseen expenses.

Dealing with Repair Work

  1. Prioritize Repairs:

    • Safety First: Address any safety-related repairs or critical systems (e.g., hull integrity, navigation equipment) before tackling cosmetic improvements.

    • Essential Upgrades: Focus on repairs that will improve the yacht’s functionality and reliability.

  2. DIY vs. Professional Repairs:

    • DIY: For simple tasks like minor touch-ups or routine maintenance, you might handle repairs yourself if you have the skills and tools.

    • Professional Help: Complex tasks, such as major engine work or hull repairs, should be handled by experienced professionals.

  3. Plan and Schedule:

    • Repair Timeline: Develop a timeline for repairs and upgrades to minimize downtime and disruptions.

    • Parts and Materials: Source high-quality parts and materials to ensure long-lasting results.

  4. Documentation and Records:

    • Keep detailed records of all repairs, upgrades, and maintenance work performed. This information is valuable for future resale and ongoing maintenance.

Ongoing Maintenance

  1. Regular Inspections:

    • Schedule regular inspections and maintenance to keep the yacht in good condition and prevent future issues.

  2. Preventive Care:

    • Follow a preventive maintenance routine, including cleaning, inspections, and timely replacements of wear-and-tear items.

Final Considerations

  • Insurance: Update your insurance policy to reflect the yacht’s new condition and any changes made during repairs.

  • Resale Value: Consider how repairs and upgrades will impact the yacht’s resale value in the future.

By thoroughly assessing the yacht’s condition, budgeting wisely for repairs, and planning a comprehensive maintenance strategy, you can ensure that your investment in an older yacht is both enjoyable and rewarding.

Angela Collins Yachts: We Understand Yachts

At Angela Collins Yachts, our deep understanding of yachts and their unique needs is what sets us apart. Whether you’re buying a pre-owned yacht or considering the extensive process of repairs and upgrades, we’re here to provide expert guidance and support.

Why Choose Angela Collins Yachts?

Expert Knowledge:

  • Comprehensive Insights: With years of experience in yacht brokerage and boat building, we offer unparalleled knowledge of yacht condition and market trends.

  • Professional Guidance: Our expertise extends to evaluating the state of older yachts and advising on necessary repairs and maintenance.

Personalized Service:

  • Tailored Solutions: We understand that every yacht and owner is unique. We provide customized advice based on your specific needs and the yacht’s condition.

  • Full Support: From initial purchase through repairs and ongoing maintenance, our team is dedicated to helping you every step of the way.

Repair and Upgrade Expertise:

  • Assessment and Planning: We help you identify essential repairs and prioritize upgrades to enhance the yacht’s performance and value.

  • Trusted Connections: We connect you with reliable marine repair professionals and suppliers to ensure quality workmanship and materials.

Commitment to Your Dream:

  • Passion for Yachting: We share your passion for sailing and yacht ownership, and we’re committed to turning your dream into reality.

  • Ongoing Assistance: Our support extends beyond the purchase, offering continuous advice and resources to keep your yacht in top condition.

Our Services Include:

  • Yacht Brokerage: Expert advice on buying and selling pre-owned yachts, including market insights and negotiation support.

  • Repair and Maintenance Guidance: Assistance with assessing repair needs, obtaining quotes, and managing repair work.

  • Customized Recommendations: Tailored advice on upgrades and improvements to suit your sailing lifestyle and preferences.

At Angela Collins Yachts, we pride ourselves on our deep understanding of yachts and our commitment to making your yachting experience exceptional. Whether you’re navigating the complexities of buying an older yacht or managing repairs, we’re here to ensure a smooth and satisfying journey.

Contact Us Today:

Angela Collins
Tel: +27 (0)64 913 8516
Email: angela@angelacollinsyachts.co.za

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