wealthymatters

Cut Price Boats

September 29, 2013 Leave a comment

wealthymatters

Just like cars and bikes pre-owned boats can be picked up at steep discounts to the original price.In fact, there is the highest likelyhood of bargains on yachts and boats because the market is itself pretty limited.Also buying a secondhand craft makes sense as buying a new yacht has become more expensive because of the increase in the import duty to about 48% and the rupee depreciation.

Mumbai-based companies like West Coast Marine Yacht Services, Ava Marines and Marine Solutions, which sell imported yachts and boats, also deal in used ones. For example,West Coast Marine has a portfolio of about 20 pre-owned machines, available between Rs 5 lakh and Rs 5 crore, depending on the size, brand, age and the engine hours clocked. Read more of this post

Filed under Alternative Assets, Tool Kit Tagged with 31 SF, 31 Walk Around, Ava Marines, import duty on yachts, Majesty 66, Marine Solutions, pre owned boats, pre owned yachts, Prestige 55 footer, Sea Ray 350 Sundancer, second hand boats, second hand yachts, used boats, used yachts, West Coast Marine Yacht Services

Super Bike Deals

September 28, 2013 Leave a comment

wealthymatters

Perhaps more than luxury cars,superbikes are more your thing?Be sure you can get them at a discount too if you are willing to buy a per=owned machine.And if you are lucky,the previous-owner might have forked out big time for enhancements and customizations.

You could source such bikes from Shreyans Auto,But the selection is a bit limited.

The second-hand market for super bikes is not organised. The news is spread word-of-mouth and through social networking sites.A good place to start looking for a second hand Ducati,BMW ,Honda,Yamaha or Suzuki superbike is Prince Raj Kapoor’s FB page.He makes anout 20.000 rs per sale.Alternatively you could try to network on bikedekho.com Read more of this post

Filed under Alternative Assets, Tool Kit Tagged with bikedekho.com, BMW, customizations, Ducati, enhancements, Honda, luxury bikes, postaday, Prince Raj Kapoor, Shreyans Auto, superbikes, Suzuki, Suzuki Hayabusa, Suzuki Intruder, Yamaha

Luxury Cars For Less

September 28, 2013 3 Comments

If luxury at a cut-price is your thing,pre-owned luxury cars is the way to go.As these cars lose value fast, as soon as they drive off the showroom, you can get excellent value for money as long as you are not put off by the fact that you are not the first to own the vehicle.And interestingly not many of these vehicles have been driven any great distance and many owners have not skimped on servicing and maintenance expenses.May cars even have expensive customizations. If you’re still hesitating,know that many cricketers,politicians and businessmen are driving round such pre-owned cars.

Of course the best pre-used car to buy,is one where you have a great deal of information and don’t have to fork out a commission.So it’s cars owned by friends and family.If you can’t or don’t want to use this option there are companies like Big Boy Toyz and Shreyans Auto. that manage to sell 150-200 such cars every year on a 4-5% commission.Also official dealers of international cars such as Aston Martin dealer Infiniti Cars in Mumbai buys and refurbishes about a dozen cars each from their clients and sells them in the second hand market, Read more of this post

Filed under Alternative Assets, Tool Kit Tagged with Aston Martin Virage, Audi R8V10, Bentley Continental, Big Boy Toyz, BMW 64OD Gran Coupe, cardekho.com, cartrade, com, Ferrari F360 Modena Spider, Infiniti Cars, Maserati Quattroporte, Porsche Cayman S, Porsche Targa 4S, postaday, pre-owned luxury cars, Range Rover Sport HSE, Rolls Royce Phantom Drophead, Rolls-Royce Phantom, second hand luxury cars, Shreyans Auto, used luxury cars

Private Submarines

September 28, 2013 2 Comments

wealthymatters

At the Monaco Yacht Show there are 4 companies hawking luxury personal submarines.viz. Hawkes Ocean Technologies,U-Boat Worx, Triton Submarines LLC and Seamagine Hydrospace Corporation.

The submersibles on offer cost from around $1.5 million to $4.2 million depending on their size and underwater range.

U-Boat’s five models equipped with bubble-shaped acrylic windows can hold between two and five people and sink to between 100 meters and 1,000 meters underwater.Rival Triton, which is based at Vero Beach in Florida, is pushing the depth limit to 1,650 meters for similar battery powered technology. Hawkes’s underwater flying machines differ from the others. While his resemble soft-edged airplanes with bubble-shaped cockpits, the others are more like UFOs.

Since storing an 18,000-pound submarine elegantly on a designer yacht is a challenge. Sub owners to have get bespoke boats conceived with subs in mind or, alternatively, invest in a “shadow” vessel i.e a smaller speedboat to accompany the yacht. Read more of this post

Filed under Alternative Assets Tagged with Hawkes Ocean Technologies, luxury submarines, Monaco Yacht Show, Necker Island, Paul Allen, postaday, Richard Branson, Seamagine Hydrospace Corporation, shadow vessel, speedboat, Triton Submarines LLC, U-Boat Worx, Vero Beach, yacht Octapus

Tracking Beta

September 28, 2013 Leave a comment

Volatility in stock prices is one of the reasons behind the large potential returns from shares,but there are times when stock volatility starts preying on your peace of mind.There are times when you want to see steadiness and predictability in the value of your holdings.So here’s a list of the most and least volatile stocks in India to help you plan your portfolio,

wealthymatters