As some currencies get cheaper,
do boats do the same?
O
ver recent months there has been significant movement in the value of most YachtWorld.com has an in-built
of the world’s major currencies. These changes have had a significant impact currency converter that updates every
on the prices of pre-owned boats, particularly in countries such as the UK Monday, Wednesday and Friday with
where sterling has fallen in value considerably. For a Euro or US dollar buyer data taken from www.xe.com. This
with cash to spend, boats offered for sale in GB£ are now some 25% to 30% cheaper allows visitors to search for a boat in
than this time last year. their own currency using live values,
So the question is, how do buyers from outside the UK find these bargains? whilst also being able to see the
currency in which the boat is actually
listed. As an example, go to
http://uk.yachtworld.com and search
for a boat outside the UK. Click on the
spec to see the price and currency
as listed by her broker, plus the local
GB£ conversion in brackets below (see
picture).
Every week, the YachtWorld.com
database sends an automatic update
to over 40,000 boat buyers who have
registered their search criteria through
our PERSONAL BOAT SHOPPER system.
Over half of these registrants use PRICE
as one of their search criteria, so as
GB£ boats become cheaper, potential
boat buyers will find out automatically
when one of the boats drops in to
their price range. For more information
about the PERSONAL BOAT SHOPPER,
please see YachtWorld Magazine
June 2008 edition on-line at www.
yachtworldmagazine.com archive.
MARCH 2009 YACHTWORLD.COM 7
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