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In the market for a 23m-26m

Discussion in 'General Yachting Discussion' started by Hiper, Feb 21, 2009.

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  1. Hiper

    Hiper New Member

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    Hi guys,

    This is my first post on here after lurking around for a couple of weeks. I'm glad that I've found a place where I can meet other yacht enthusiasts, owners, and professionals to share thoughts and experiences and find useful information.

    I'm currently an owner of an Azimut 68 Evolution, which I've had for just over 2 years now. I've realized that I need a slightly larger yacht to accommodate my needs, and have thus decided on upgrading to a 23m-26m.

    I've already done plenty of research, and have narrowed my choices down to the following:

    1- Ferretti 830
    2- Azimut 82
    3- Princess 85
    4- Sunseeker 86

    I'd appreciate any useful insight you guys might have as to which one of the above you'd recommend, and why. Obviously, I would be getting a better deal sticking with Azimut, since the regional dealer here (Middle East) would be willing to trade in my 68 for the 82.

    However, I have also received a fairly decent offer on the Ferretti 830, though excluding a trade in. Their trade in valuation for my 68 was about 30% below market value, and if i decide to trade in my 68, I also don't get the same offer on the 830 (about 400k Euros less discount). Overall, trading in the 68 for the Ferretti was about 700k more expensive than buying the 830 and finding a buyer for the 68 myself or through another broker.

    The Princess interests me, but after receiving the quotation today from the regional dealer, it turns out that their price is about 15% higher than the Ferretti. Although the Princess does not have the ARGs, it does have the zero speed stabilizers installed (its already built). It's interior also seems to be quite roomy and as appealing as the Ferretti. What it lacks though also is additional water toy storage, which the Ferretti has.

    The Sunseeker is just another choice that I have, but am not too keen about since the regional dealer here is not as popular as the dealers from the other brands, and supposedly does not offer the service that they do in terms of after sales.

    Any insight and recommendations you guys might have would be highly appreciated. Thanks :)
  2. NYCAP123

    NYCAP123 Senior Member

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    Check this thread: "Ferretti in financial difficulty". I think it will tell you exactly why Ferretti is pushing away your trade in favor of a straight deal on their boat. Were you happy with the Azimut? Although it's not my favorite boat the 82 is sure to be your best deal and probably by a wide margin.
  3. goplay

    goplay Senior Member

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    I looked closely at the Ferretti 830 and it was a pass for me. It was a combination of reasons:
    - engine air intakes on the outside of the hull (greater liklihood of salt water in the engine room)
    - no rub rails on the swim platform sponson (most likely part of the boat to hit the dock)
    - no head room in the engine room with ARGs installed
    - personal bias against having to climb down a ladder to the engine room for boats this size
    - very narrow access to crew quarters and difficult to move things in and out of
    - for a company that talks about quality, the cabinet on the fly bridge looks aftermarket and doesn't match the other fiberglass cabinets
    - routing of shore power cords reduces the usability of the stairs from the swim platform

    Have you looked at the Azimut 85? While not without faults, I think that is their best motoryacht in their line-up relative to its peers. In speaking with some factory people, they confided that they think it is one of their best models they have built.
  4. Hiper

    Hiper New Member

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    Yes I read that post a couple of days ago and it immediately made sense, seeing how i was actually offered the boat at a very significant discount. This same dealer in the past would barely give you a 11% discount, but now he's offering 30% for a brand new boat that is supposedly just about to be built!

    As for the Azimut, I was and still am quite happy with the Azimut. The only aspects that annoy me are 1) the outdated saloon which is no where in style and size to what a 68 footer should have. This was overlooked prior to purchase, in all honesty, as the boat was purchased unseen in person, but was seen in the brochure, internet, etc...long story. 2) The air-conditioning on my 68 was upgraded by the regional dealer in their Dubai facilities to tropical AC, given the ridiculously hot Summers we have here (125 degrees). This has caused the woodwork to somewhat be squeaky and noisy when under way. The new 70 Azimut is also appealing, though smaller in size to what I'm looking for. I need to see the 82 in person, as it is definitely appealing!
  5. Hiper

    Hiper New Member

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    Hi goplay...thanks for your comments. In all honesty, your first point regarding the engine air intakes being on the outside of the hull is the most important and decision making point in my opinion. I'm not too worried about the swim platform rub rails, as I have port side berth with nothing in the back....actually just about 50 feet which seperate me from the other 68 behind me, whereas the shorelines and engine room/crew quarters are somewhat secondary in terms of importance to myself, but clearly understandable.

    What I liked about Ferretti was their attention to detail in terms of interior space and layout, which I found to be more appealing and usable than the Azimut's, but i do admit i haven't seen the 85 or 82 Azimut's interior in person. Also, the ARGs are extremely appealing, since I do tend to do some weekend sleepovers in some of the local islands here, and ARGs are definitely needed for a more comfortable experience at anchor.

    I actually need to do a comparison between the 82 and 85 Azimuts! Time for the dealer to get to work and start convincing me!
  6. NYCAP123

    NYCAP123 Senior Member

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    Hiper,
    On the Azimuts I'm familiar with I've found that a larger 'feel' is given to the interior through the use of smaller furnishings, counter, sinks, etc. and lots of mirrors. Keep it in mind as you look. It actually took me a long time to realize this. Subtle.
    Also,"crew quarters are somewhat secondary in terms of importance to myself" :( I leave it at that.
    Finally: "Time for the dealer to get to work and start convincing me!" :D

    Good luck.
  7. K1W1

    K1W1 Senior Member

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    Hi,

    NYCAP I under estimated you.

    I have seen you rant and rave elsewhere on these boards on this subject so why the modesty now?
  8. NYCAP123

    NYCAP123 Senior Member

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    That's not the point of this thread. This gentleman just needs a little advice on what to choose. His comment called for attention for the crews sake, but a word to the wise is sufficient.
    Besides, I like to keep you wondering.:cool:
  9. K1W1

    K1W1 Senior Member

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    NYCAP- Your age must be getting to you. I wasn't aware that deviating from a threads course was ever a consideration of yours before.
  10. NYCAP123

    NYCAP123 Senior Member

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    I do try to stay on topic, but sometime the sideroads can be educational and entertaining.:D Speaking of getting off on a tangent.;)
  11. CaptEvan

    CaptEvan Senior Member

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    Service

    Hey Hiper,

    NYCAP asked a good part of the Azimut question. The rest of it is how have you been serviced? I would imagine in such a brutal climate, all systems are fair game for hiccups. Who will best keep you free of the dock? You can have all the features and fancy stuff you want, but not being able to use her will make those all go away and leave you very angry.

    As an aside, Carl has spoken of the Marquis as a company that has reinvented itself. I must agree, and feel their workmanship is embarrassing higher end builders. They have a 72, and I believe an 86 coming. This company is worth a look if they can service you.

    Let us know what you choose.

    Evan
  12. NYCAP123

    NYCAP123 Senior Member

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    There be the rub Cap. I think he's probably best sticking to that side of the pond. DK that Marquis is well represented there. Plus, he could probably afford an extra 10' w/ Azimut over anybody else in that area with his trade in this market.
  13. Loren Schweizer

    Loren Schweizer YF Associate Writer

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    Hiper made a comment regarding saloon size in a stylistic yacht. Yep, exterior styling generally means less interior volume.
    Can't help but pile on with K1W1's comment re.: NYCAP123--dude, you seem to have mellowed in the past few weeks...
  14. NYCAP123

    NYCAP123 Senior Member

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    Someone elsewhere seems to have made the mistake of thinking that. Not to worry. I'm actually very measured, but....:cool: Now, back to the topic.:D
  15. Hiper

    Hiper New Member

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    Guys, I do apologize for sounding a bit obnoxious or insensitive to any crew members/captains on here. My comment regarding crew quarters' size didn't sound right. The reasoning I said that was that 1) my captain and deckhand both have on-shore accomodation, and rarely spend any nights on board the yacht. I do a few overnight trips at some of the islands around here, but when I do, it's for 1 night maximum. 2) The deckhand and captain are both considered a part of the family. They've been with us for over 10 years. They eat with us in the cockpit or flybridge when we eat, and are free to use the saloon on slow days after completing any daily chores, etc. Basically, there's very little use of the crew cabin.

    Hope this clarifies my ill-sounding comment :)
  16. Hiper

    Hiper New Member

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    Hi Evan,

    I'll definitely take a look into Marquis. The only problem with Marquis is that they have no dealer that I know of here in the Gulf. I can take a risk and go with Marquis, but it will definitely be a hassle trying to get some parts or technical expertise from someone who's in a different time zone and different part of the world vs. someone who's an hour's flight away maximum.

    Thanks for the recommendation, and I'll keep you posted regarding what I choose.
  17. Hiper

    Hiper New Member

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    I agree NYCAP. But one of the problems with Azimut is that all the furnishings on the 68E were fixed and standard, so nothing could be changed to a different size or shape, and obviously the layout is standard.

    The new 82 and 85, as well as the other brands in this range, all have free standing furniture, which offers much more flexibility in terms of choosing what furtniture size and style you'd want to get the best use of room in the yacht. These boats also are somewhat customizable, and if not customizable, they do offer several different options for layout which offer greater flexibilty in choosing whats best for your needs. I found that Ferretti were extremely flexible in this area, but then again, I guess they'll be willing to do anything these days given the situation they're in.
  18. NYCAP123

    NYCAP123 Senior Member

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    A while back we had a very lively thread concerning crew quarters after I had an owner think a captain would live in what the 62 Fairline Targa refers to as "crew quarters". First of all the quarters on the boats you're discussing are much different than that, and second I didn't sense that kind of disrespect was the situation with you at all. I think some of the felows were bored and trying to stir the pot a bit. :D
  19. NYCAP123

    NYCAP123 Senior Member

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    Hey listen, I'd throw in a nice sofa or two for "(about 400k Euros less discount)". :D I'd been on probably 20 different Azimuts in the 46 to 68 range before one day the size vs the perceived size struck me. I believe it was a galley sink that tipped me off. That's why I pointed it out. If anybody's 82 looks as big as someone else's 95 look for that.
  20. Hiper

    Hiper New Member

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    You are absolutely right regarding the "size vs. perceived size" comment! The reason the 68E was bought unseen (been on the older 68 2 years earlier) was basically due to the fact that we had upgraded from a Majesty 66, and had expected something similar, yet a bit bigger in size with much better quality. We definitely got the better quality part right, but the size difference was unexpected! First of all, I presume very few people have heard of Majesty Yachts on here, so let me give you a quick breif on it:

    Majesty Yachts is the yacht division of Gulf Craft Inc., a boat/yacht manufacturer based in the U.A.E. Now I can stop right there and I'm sure people can come up with assumptions as to quality and finish. In all honesty, boating here in the Gulf tends to consist of a 30-60nm trip at most, with the rare 150nm-200nm trip if travelling from one country to the other in the GCC. For this reason, boaters found Gulf Craft yachts to be quite appealing, since they were priced around 40% less than European/US made yachts, had MTUs/Cats on them as standard along with the expected equipment and electronics, and therefore seemed somewhat reliable. And to some extent, they were.

    In 2002 Gulf Craft started concentrating on the larger yacht segment and set up Majesty Yachts as the subsidiary specifically for that purpose. We purchased the first 66 off the line (huge mistake), and were amazed at the size! The boat was huge in terms of interior area, with a huge saloon, day head, 4 stateroom layout each with en-suite head, and exceptional range. The interior would be comparable to at least a 75-80 footer from other brands. The problem was with the quality. Since it was the first boat off the line, we boviously ran into problems, the main problem being the constant engine vibration and increased temp on the starboard engine (MTU 900s), which could not be resolved. We had MTU techs flown in (on their expense) and they blamed the problem on engine mis-alignment and improper weight distribution. Factory actually took the boat back and replaced the engines with CATs free of charge (1050s), along with a bit of weight re-distribution. Long story short, the boat was huge in terms of volume, but was terrible in terms of fit and finish.

    We bought the 68E thinking it was bigger, but were surprised to find it much smaller. Quality is 10x better, yet size does matter (no pun intended). It was my mistake, buying a boat without seeing it twice and three times to see what I'm getting. 2 lessons learnt from this story: 1) dont buy something until you've seen 10x and gone through every detail, and 2) yachts can be 240 feet long with the interior volume of a 120 footer. (does Silver ring a bell).