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Old 09-01-2016, 18:39   #46
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Re: What You Paid vs the Advertised Price

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Originally Posted by boatsail View Post
rules of thumb like this are bad.

what im getting at is that each and every deal has to be looked at like a fingerprint as every boat is unique and has a different price associated with it. the price either makes people want to lowball it cause it seems high as compared to other boats they can get or it seems even or low...if the price seems low then you risk losing out for hte sake of negotiations.

rules of thumb are a bad way to assess a deal especially on something that is as unique as a boat.
^^^^^^^^^^^^^^^^^^^^^^^:thumb :
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Old 09-01-2016, 20:35   #47
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Re: What You Paid vs the Advertised Price

my offer was accepted on a 1980, very good, under the radar boat for 40% off asking price. needs engine rebuild, mast step replace, bottom paint and re-wiring down the road.
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Old 10-01-2016, 18:51   #48
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Re: What You Paid vs the Advertised Price

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my offer was accepted on a 1980, very good, under the radar boat for 40% off asking price. needs engine rebuild, mast step replace, bottom paint and re-wiring down the road.
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Old 11-01-2016, 03:26   #49
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Re: What You Paid vs the Advertised Price

Let's see, seller dropped the price 25% before I saw the boat. I paid 75% of the reduced price.
which is 56% of the original rice, if you're being generous.
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Old 11-01-2016, 06:52   #50
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Re: What You Paid vs the Advertised Price

with blown engine, i take it down to 15000 usd. then i subtract from there--- this one came with holed engine, crapped wood and some other detractions.
but the bones are good, there was no cracking on masts at glue lines nor were there soft decks.
knowing what to look for is a huge help in searching for boats to keep....
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Old 11-01-2016, 09:51   #51
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Re: What You Paid vs the Advertised Price

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So true WindwardPrinces. Apart from the secrecy and difficulty of gaining access to real sold figures is the lack of clarity concerning how long a boat has been on the market. With housing the public can see that important piece of information in seconds via a number of free public access websites.

This would be a very simple thing to add to a site like yachtsworld. Strange that they don't do it.

They do. It's called soldboats.com and you need a Yachtworld brokerage membership to access it. I've never met a broker that was willing to give out his password, but they have always been willing to print out a page or two of the sales history of a particular year/ model that you you may be shopping for.

Keep in mind however that the sales data is self-reported to soldboats by the selling broker, so use the info with reasonable skepticism.
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Old 11-01-2016, 10:04   #52
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Re: What You Paid vs the Advertised Price

It's all about the particular boat and situation. Real hard to say.
One boat I sold was listed at the same price as it's sisterships, although in better shape and very well equipped. This was before the big recession when things were good. It took 1.5 years to sell it and it sold for $90k from a $138k asking price. There were no issues with boat or engine etc.
The comment about no rule of thumb is good. Projects Boats up to 35 ft in poor condition should be mostly free to a few thousand $.
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