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Old 10-08-2008, 21:09   #1
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Any price advantage in end-of season purchase?

I hope it's OK to repost this here. I tried it the "Dollars and Cents" forum but it seems lightly trafficked and I just got one reply. (thanks, anotherT34C!)

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Greetings,

I'm seeking a 30-34' mono in the Chesapeake Bay area. I'll be looking at older boats as my budget is no more than $60K.

I'm wondering if prices go significantly lower at the end of the sailing season. And if so, are they enough lower to more than offset slip fees or haul out for the winter?

If it's a wash there's no reason to wait.

Is there is any common wisdom on this? I recognize that even if there is it may not have any bearing on one specific deal.

Thanks in advance for any insights you may be willing to offer.
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Old 10-08-2008, 21:20   #2
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On an old boat, I think it's pretty much a wash, unless you're storing the boat in your driveway, and the PO was planning on storing at the boatyard.

I haven't ever really seen a 'winter drop' in stated prices. Psychologically however, people may be more inclined to 'just get rid of it'.
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Old 12-08-2008, 21:24   #3
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Popeye21 - Good luck on your query. I'll nuke the other post so you don't get 2 threads going.

I don't know about your answer but presumably some folks pay their winter storage in one slug and have it sorted by season's end. In fact I have seen some folks advertise this as a selling feature.

However common sense says that the right time to sell a boat is when you can't use it for 6 months.
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Old 12-08-2008, 22:12   #4
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Quote:
Originally Posted by Ex-Calif View Post
Popeye21 - Good luck on your query. I'll nuke the other post so you don't get 2 threads going.

I don't know about your answer but presumably some folks pay their winter storage in one slug and have it sorted by season's end. In fact I have seen some folks advertise this as a selling feature.

However common sense says that the right time to sell a boat is when you can't use it for 6 months.
Thanks, Ex-Calif.
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Old 13-08-2008, 03:17   #5
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Those sellers who need the money (bought another boat, whatever), might be motivated to negotiate an immediate sale after layup, rather than “hold” for spring.
Many sellers start to get nervous about a month or two after the “for sale” sign goes up.
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Old 13-08-2008, 12:24   #6
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I'm hoping there is an advantage, because I'm shopping for a boat right now.
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Old 13-08-2008, 13:01   #7
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Popeye,
there is no real drop in boat prices over the winter on the bay; many boats are sailed all year, and are left in the water all year. However currently it is a buyers market, and you should get a good deal, having said that, many boats are overpriced and still selling, so who knows? IMHO you decide whats a good deal for you and walk away from the rest. There are always boats for sale.
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