Brand New Lagoon 55 Available for Delivery Right Now at the 2023 Year Price

If you only read one sentence of this blog, this is what you need to know: Our buyer has defaulted on his new build, meaning a buyer will get 2023 pricing and the forfeited deposit applied to their purchase with full warranty included.

The average build time for a production boat is 6-12 month after downpayment. A lot of things can interfere with the plans of the owner-to-be, from common financing issues, to health problems, to unfortunate family events – no-one is protected. What happens to the 10-20% deposit in this case? The defaulting buyer will never see his or her money again, and the boat manufacturer will retain this money to cover its costs supposedly associated with keeping the boat on premises while waiting for a new buyer. However, more likely a new buyer would pay the current price of the boat but not that one that was agreed between the manufacturer and the defaulting buyer. The difference could be anything between 5 and 15 % of the boat price. Seems like the manufacturer is always in the black, no matter what.

Unfortunately, that happened to one of our clients who has been waiting since February 2023 for or his new shiny Lagoon 55 which will be delivered in May at the Lagoon factory in France. Medical and financial roadblocks means he will not be taking delivery and as per his contract, forcing him to forfeit his 10% deposit. He came to us last week and said, “I asked the dealer to try and find a buyer for me but whether I pay or not, they retain my deposit and find another buyer at a higher price, adjusted for 2024 pricing models. I would rather let you earn money and support one of your clients than give the money to them.”

So here we are. Attached, you will find attached the build sheet and agreement the buyer signed for his vessel at the time of purchase in 2023. The new price of a 2024 Lagoon 55 has increased from 8% and has a wait time of 12 months, meaning the new purchase price is $2,602,935.89.

The already paid 10% deposit will be split 50/50 between the new buyer and the seller (our client), that would greatly help him to earn his business when his medical and financial situation resolves itself into the future. The opportunity at this boat will be $2,355,037.23 which matches what the buyer of a new Lagoon 55 paid in 2023 without having to wait or paying the price increase. The boat needs to be paid for within the next month and we can properly inspect the boat before it leaves factory to provide better quality control and protection for ourselves. All warranties are to be transferred to the new owner.

Since the boat is a US Specification boat, the new buyer will have the chance to use it in the Mediterranean for the summer season before  shipping or sailing the boat across the Atlantic ocean for 2025 Winter season in the Caribbean or the US.

Could this happy new owner of the Lagoon 55 be you? Send us a line