Hull to Hull: The Hanover 347 versus the Competition
By: Richard Hagan
The Hanover 347 by Hanover Yachts
There's no shortage of 35-footers on the market right now promising the same thing: a fast, good-looking boat with enough room to entertain, enough grunt to have fun, and enough comfort to stay out all day. The Regal 36 XO, the Jeanneau Leader 10.5 WA, the Saxdor 340 GTWA, and the Formula 350 CBR are all strong contenders in that space, and each has its fans for good reason.
But after digging into the specs, the pricing, and the performance numbers on all five boats, one thing became pretty clear: the Hanover 347 is quietly one of the smartest buys in this category. Here's how it measures up.
First, the Hanover 347 itself
The Hanover 347 sits right in the sweet spot for this class - 35'3" overall, a 9'10" beam, and room for 12 people during the day (or four overnight). It's rated to carry 185 gallons of fuel and52 gallons of fresh water, so range and creature comforts aren't an issue. Hanover backs the hull with a 5-year Premier Level Limited Hull Warranty, which is solid reassurance for a boat in this price bracket.
On the water, it's reported to reach 50 mph running twin Mercury Verado 400hp V10 outboards, and by all accounts it handles chop with confidence rather than getting knocked around - a genuinely useful trait if you're boating anywhere that isn't glass-calm every day.
And then there's the number that really sets it apart: starting from $383,305. Note that this number excludes many optional extras. Fully specc’d, expect the Hanover 347 to come in between $500,000 and $650,000.
vs. Regal 36 XO
The Regal is the most obviously "premium" boat of the bunch, with a slightly bigger footprint (37'3" LOA, 11'7" beam) and a genuinely lovely interior - teak showers, a California Queen berth, and engine options running all the way up to twin Yamaha 450 XTOs for a combined 900hp. It's a beautifully finished boat.
It's also, realistically, a very different price bracket. New 36 XO listings currently run from roughly $770,000 to well over $800,000 depending on configuration - more than double what the Hanover 347 asks. You're paying for extra length, more horsepower headroom, and Regal's finishing touches, but if you're weighing dollars against genuine on-water enjoyment, the 347 delivers a comparable size and a similarly quick ride for a fraction of the outlay.
vs. Jeanneau Leader 10.5 WA
Size-wise, this is the closest match to the Hanover: 35'10" overall, a similar dry weight, and a hull designed by Michael Peters that's built for a lively ride, with a cruising speed around 20 knots and a top end that pushes past 40 knots on the bigger engine options.
Recent US listings for a new Leader 10.5 WA Series 2 land around $439,190 - about $56,000 more than the Hanover 347's starting price, for a boat that's a similar length and only marginally quicker at the top end. If you're after that walkaround, European-styled layout, the Jeanneau is a great boat. But dollar for dollar and knot for knot, the Hanover holds its own comfortably.
vs. Saxdor 340 GTWA
The Saxdor is an interesting one to line up against the 347, because on paper its published starting price - €179,900 - looks like the cheapest boat in the group. But that figure comes with two big asterisks: it excludes VAT, freight, and handling, and it's priced with a considerably smaller pair of twin Mercury 250hp V8s rather than anything close to the power the Hanover ships with standard. Once you spec the Saxdor up to the twin Mercury 300s needed to hit its claimed 50-knot top speed, plus account for import costs to the US or elsewhere outside Europe, that gap closes fast - likely past what the Hanover 347 costs fully landed.
Performance-wise, the two boats are actually pretty evenly matched at the top end, both claiming a 50 mph-plus ceiling. But if straightforward value and know-what-you're-paying pricing matter more, the Hanover's all-in $383,305 starting point is easier to plan around.
It is also worth bearing in mind that the Hanover 347’s helm offers a more voluminous helm area versus the Saxdor, with ample head room for taller captains. The Saxdor and similar low-profile boats have often been criticized for being uncomfortable for tall skippers because standing up at the helm means having to crane one’s neck downwards simply to see out the windscreen.
vs. Formula 350 CBR
Formula's 350 Crossover Bowrider is built for the overnight-capable bowrider crowd - 35 feet with the option to stretch to nearly 38 feet with the extended swim platform, available in twin sterndrive or triple outboard configurations, and with a genuinely spacious cabin and cockpit layout. It's a well-regarded boat with a long production history behind it.
New 2026 350 CBRs are currently listing around $699,990 - again, roughly $317,000 more than the Hanover 347. Both boats offer a similar overall footprint and comparable passenger-friendly layouts, but the 347's price gives buyers real breathing room to spend elsewhere - upgraded electronics, a tow package, or simply keeping more cash in the bank - without giving up much in the way of size or capability.
The bottom line
Every boat in this comparison has genuine strengths, and none of them are bad choices. But when you put the numbers side by side - a comparable footprint, a genuinely quick 50 mph top speed with a proven Mercury Verado V10 package, a hull that handles rough water with confidence, and a starting price that undercuts every true rival by tens if not hundreds of thousands of dollars - the Hanover 347 stands out as the value play in this segment. For buyers who want the size, the speed, and the day-boat versatility of a 35-footer without the premium-brand price tag attached, it's hard to look past it.
Finally, remember that the Hanover 347 is backed by the manufacturer’s reassuring five year limited hull warranty, which should give buyers ample peace-of-mind that their new boat will be well-supported.
Pricing and specifications reflect publicly listed figures at time of writing and may vary by configuration, dealer, and region. Buyers are encouraged to confirm current pricing directly with each manufacturer or dealer.
About the Author
Richard Hagan is a specialist copywriter and content creator for the marine and recreational boating industry. With over 20 years of marketing experience, a degree in journalism, and a lifelong passion for spending weekends on the water, Richard translates complex marine features into engaging insights for boat buyers worldwide.