Please select your home edition
Edition
InSunSport - International - GR

Overseas boat ‘bargains’ hurting Australians with hidden costs

by Multihull Solutions on 6 Dec 2011
Buyers can purchase a brand new entry level catamaran for the same price as an overseas brokerage boat - but without the risks. Multihull Solutions © http://www.multihullsolutions.com.au/
Industry leader, Multihull Solutions reports a shocking increase in stories of people being stung by the pitfalls of purchasing alleged ‘bargain boats’ from overseas.

Multihull Solutions director Richard Kilburn said that, while attracted by the idea of nabbing a ‘cheaper’ pre-owned boat on the international brokerage market, many people have seen their dreams fall apart when confronted with the reality of unforeseen handover issues and unexpected costs.

'The GFC has made the asking price for a boat overseas seem initially attractive, but many buyers aren’t aware of the huge costs involved in getting it home,' Richard said.

'There are usually a mountain of challenges that present themselves as soon as the boat has been purchased,' he said.

Among the extra expenses a buyer faces are the ‘real’ costs of travel, the cost of replacing old equipment, and also purchasing additional blue-water equipment such as watermakers, radar, HF radio, sat phones and modems which are required for undertaking extended passages. There are also numerous problems that surface throughout the process including the complexities of moving a boat thousands of miles, the risks of offshore purchasing processes, managing breakdowns and dealing with language translation difficulties.

'By the time the buyer gets their supposed bargain home, they’ve blown their budget and are typically embittered by the experience,' Richard said.


Multihull Solutions is warning people to speak to Australian experts before rushing in to purchase a pre-owned boat from overseas.

'Recently, we’ve listed for sale several boats for clients who have been disappointed by their experience of buying overseas. They have finally managed to get their boat home but can’t afford to keep it,' said Richard.

'They realise they could have saved a lot of trouble and money by researching the database of brokerage boats available in Australia and New Zealand.'

Multihull Solutions has a specialist Brokerage Division that is dedicated to sourcing high quality pre-owned multihulls for clients who want to avoid such pitfalls.

'Our first priority is sitting down with the client and getting to fully understand what they are looking for in a boat and what their budget is,' said Richard.

Multihull Solutions has an extensive listing of quality pre-owned brokerage boats from all over Australia and New Zealand, ranging in size and style to suit almost all budget. The award-winning company has rigorous criteria for listing brokerage boats, ensuring they only agree to sell top quality pre-owned catamarans from a range of manufacturers that are realistically priced to meet the current market conditions.

'We aren’t interested in selling dodgy boats for inflated prices,' Richard said.

If the client decides to proceed with the purchase of a boat, Multihull Solutions helps negotiate a smooth transaction, assist with the survey stages and HIN searches, and even arrange competitively priced shipping and insurance as required.

'Not only can we find great buys on pre-owned boats, but the strong Australian Dollar means clients can even choose to purchase a brand new 11metre catamaran with great inventory from a world-leading manufacturer for under AUD$250,000,' Richard said.

Multihull Solutions has full Marine Queensland Brokerage accreditation and offers absolute security and peace of mind for clients with all deposits held in local trust accounts, which eliminates the dangers of trusting unknown overseas agents.

'Our client base is strong and loyal because they understand that we represent their best interests and want to see them fully enjoy the experience of boat ownership,' he said.

'We believe that our sustained growth and business success in these challenging times has been due to our willingness to listen to our clients and offer impartial advice and support to help them realise their dreams.'

Richard Kilburn described the past year as volatile yet dynamic, with Multihull Solutions diversifying its operations to accommodate the impact of the GFC on sales trends.

'It’s certainly been an interesting period; the GFC and spate of regional natural disasters had a big impact on the greater marine industry, slowing down the traditional buying cycles,' Richard said.

However, the strong Australian Dollar has been a driving force behind Multihull Solutions’ impressive year of record sales in new and brokerage boats over this period, with the exchange also prompting more clients to request ex-factory deliveries to save even more money.

Further information can be obtained by contacting Multihull Solutions in Australia on 1300 885 338, or New Zealand on 0508 MULTIS, emailing info(at)multihullsolutions.com.au or visiting the website at www.multihullsolutions.com.au.

InSunSport - NZZhik Isotak Ocean 660x82Newport Boat Show 2016 660x82

Related Articles

PredictWind - One stop shop
PredictWind have taken the bold step of adding government provided forecasts to their award winning forecasting software PredictWind the world leader in forecasting believe that more is better, and have taken the bold step of adding government provided forecasts to their award winning forecasting software.
Posted on 15 Aug
Marine Resources job updates
Marine Resources specialises in providing expert recruitment services to the leisure marine industry worldwide. Marine Resources specialises in providing expert recruitment services to the leisure marine industry worldwide. Jobseekers register your CV now to receive the latest vacancies and be matched to your ideal job. Employers choose from a variety of recruitment options which include a full consultancy service as well as a unique job advertising package.
Posted on 11 Aug
America's Cup - Southern Spars to build AC50 for Emirates Team NZ
Southern Spars has been appointed to build Emirates Team New Zealand’s AC50 wingsailed foiling catamaran One of the world's leading composite engineering companies, Southern Spars has been appointed to build Emirates Team New Zealand’s AC50 wingsailed foiling catamaran for the 35th America’s Cup campaign. The move marks a shift away from Cookson Boats who have been Team New Zealand's boatbuilder since 2000. No reasons have been given for the decision to change the builder.
Posted on 24 Jul
Upffront.com - Tuff Luff and Harken Headfoils
Upffront.com is a comprehensive online purchasing platform for performance sailing hardware and rigging systems Upffront.com is a comprehensive online purchasing platform for performance sailing hardware and rigging systems; orders are processed 24 hours a day, 365 days a year and we deliver to customers located anywhere in the world.
Posted on 8 Jul
Barz floating sunglasses - Ideal for sailing in rough conditions
Our SAN JUAN floating model fitted with 1.1mm Acetate Lenses have a density of 0.95 GM/ML Barz floating sunglasses float in rough conditions. Most sunglasses that say they float, only float in the bathtub as once they break surface tension (or if there is any movement on top of the water)... down they go...
Posted on 7 Jul
Free $US3,000 Carbon Vang with SouthernFurl boom orders in July
Southern Spars is giving a free carbon vang - valued at US$3,000 - with SouthernFurl in-boom furlers ordered in July Southern Spars is giving away a free carbon vang - valued at US$3,000 - with all of their SouthernFurl in-boom furlers ordered in July. Carbon gas vangs make a great addition to the furling boom package, though if you’d prefer to keep your existing one, Southern Spars will offer you a 5% discount on the price of your boom instead.
Posted on 29 Jun
11th Hour Racing to present at annual Green Sports Alliance Summit
11th Hour Racing is headed to Houston, Texas, to present at the annual Green Sports Alliance Summit 11th Hour Racing is headed to Houston, Texas, to present at the annual Green Sports Alliance Summit, June 28-30, the world’s largest gathering for the sports community around sustainability, including both professional and collegiate sports teams, leagues and venues.
Posted on 25 Jun
PredictWind - Stunning new forecast maps
When developing the Offshore App, we had to rethink maps for offshore sailors. When developing the Offshore App, we had to rethink maps for offshore sailors. The mapping technology was rebuilt to be faster, have smaller downloads and be able to smoothly animate PredictWind’s advanced forecasts. Following the success of the Offshore App, we’re releasing this unique display technology across all other platforms, including the forecast website, Android and iOS Apps
Posted on 24 Jun
Extreme Sailing Series™ partners with Cisco Systems
The global technology company will provide exclusive networking solutions that will transform wireless connectivity The first venue at which members of the public, race officials and sailors will benefit from the Cisco WiFi solutions will be Cardiff – the third Act of the 2016 season – where the action gets underway on the water on 23 June. As an Official Series Supplier, Cisco will provide similar facilities at the remaining Acts of 2016.
Posted on 22 Jun
Volvo Ocean Race makes key changes to its leadership team
The re-shuffle which follows Mark Turner’s appointment as CEO, is aimed at driving innovation of sailing’s offshore race Lawrence is currently Race Director of the Extreme Sailing Series, and arrives with bags of sailing and commercial expertise, having previously managed events in all of the territories that will be visited during the 2017-18 edition.
Posted on 21 Jun