Any price advantage in end-of season purchase?

Popeye21 · 10-08-2008, 21:09

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!)

-----------------------------

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.

anotherT34C · 10-08-2008, 21:20

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'.

**Ex-Calif** · 12-08-2008, 21:24

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.

Popeye21 · 12-08-2008, 22:12

Quote:

Originally Posted by Ex-Calif

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.

**GordMay** · 13-08-2008, 03:17

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.

Curmudgeon · 13-08-2008, 12:24

I'm hoping there is an advantage, because I'm shopping for a boat right now.

Rhosyn Mor · 13-08-2008, 13:01

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.

10-08-2008, 21:09	#1
Popeye21 Registered User Join Date: Jun 2007 Posts: 17	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!) ----------------------------- 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. Last edited by Ex-Calif; 12-08-2008 at 21:29.

12-08-2008, 21:24	#3
Ex-Calif Moderator Site Helper Join Date: May 2007 Location: Singapore Boat: Maxi 77 - Relax Lah! Posts: 3,015 Images: 4	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. __________________ Dan Relax Lah! - Changi Sailing Club Passion is inversely proportional to the amount of real information available - Benford

13-08-2008, 03:17	#5
GordMay Administrator Site Administrator Join Date: Mar 2003 Location: Thunder Bay, Ontario - 48-29N x 89-20W Boat: C.L.O.D. (Cruiser Living On Dirt) Posts: 9,443 Images: 232	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. __________________ Gord May ~~_/)_~~ (Gord & Maggie - "Southbound") "If you didn't have time/$ to do it right in the first place, when will you get the time/$ to fix it?"

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10-08-2008, 21:20	#2
anotherT34C Registered User Join Date: Apr 2008 Posts: 274	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'.

13-08-2008, 12:24	#6
Curmudgeon Registered User Join Date: Jul 2008 Location: Boston, MA Boat: Sam Devlin Custom 28.5 Posts: 180	I'm hoping there is an advantage, because I'm shopping for a boat right now.

13-08-2008, 13:01	#7
Rhosyn Mor Registered User Join Date: Feb 2008 Location: 21403 Boat: Jeanneau 38 Gin Fizz- Rhosyn Mor Posts: 55	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.