Cruisers Forum
 


Join CruisersForum Today

Reply
 
Thread Tools Rate Thread Display Modes
Old 16-06-2015, 08:50   #46
Registered User
 
Island Time O25's Avatar

Join Date: Sep 2014
Posts: 2,016
Re: Boat pricing

Quote:
Originally Posted by BlueMaxx View Post
I have also learned so called "cult-boats" are very high.
True that. But they have to be kept in bristol condition to be sold at "cult prices" Otherwise it's just an overpriced has been. This is the trap many unsuspecting newbies fall into getting tired and unkempt Sabres or some such as they have (had?) a good reputation initially. But many of the sellers resting on these laurels think that they can sell a tired boat for the badge fame price.

2 or 3 years ago a guy at our mooring field refurbished an old and tired Sabre 34 which he got for relatively not cheap and tried to sell it for much more hoping to recoup his reburb costs. Did not happen, dropped the asking price in stages from initial $49K to low $20s and that's where it sold I believe, if not lower. He initially got it probably for $10-15K which was way too much for the condition it was in so he basically paid that much for the badge name. And invested in parts and labor way more than what he got in return. And suprising thing the guy wasn't really a newbie but may be enamored with the Sabre name. Although both of my marine pro buddies think that Sabre brand name is way over valued and place them with Pearsons (or even a notch below), Catalinas, O'days and some such.
__________________

__________________
Island Time O25 is offline   Reply With Quote
Old 16-06-2015, 09:43   #47
Senior Cruiser
 
Cheechako's Avatar

Cruisers Forum Supporter

Join Date: Aug 2006
Location: Skagit City, WA
Posts: 19,334
Re: Boat pricing

Yeah, refurb costs are often near give away. Keep that in mind as a seller or a buyer. People do get emotional about their boats. Often thinking "their" boat is certainly worth more than another sellers.
I once sold a nicely refurbished boat. I had an offer on it and countered. The buyer was playing "hard to get" and not responding to my counter. meanwhile a full price offer came in! The first buyer got really pissed, even followed the boat thru survey taking video. Almost ended up in a lawsuit on that one. But eventually he backed off.
__________________

__________________
"I spent most of my money on Booze, Broads and Boats. The rest I wasted" - Elmore Leonard











Cheechako is offline   Reply With Quote
Old 16-06-2015, 11:39   #48
Senior Cruiser
 
skipmac's Avatar

Cruisers Forum Supporter

Join Date: Oct 2007
Location: 29 49.16 N 82 25.82 W
Boat: Pearson 422
Posts: 12,368
Re: Boat pricing

Quote:
Originally Posted by BlueMaxx View Post
Does the Broker assume any liability at all when they sell a boat?
Just to keep everyone honest?
To be honest, not much. A broker could be held liable if he/she deliberately misrepresented the condition of the boat or withheld information about serious problems with the boat. This can and does happen but it's rare.

99% of the time a broker only knows what the owner says about the boat and what can be seen by the broker in a cursory inspection. The inspection will be mainly focused on how the boat shows; is it dirty, head stinks, sails OK, engine cranks, etc and not on underlying structural issues.
__________________
The water is always bluer on the other side of the ocean.
skipmac is offline   Reply With Quote
Old 16-06-2015, 13:23   #49
Registered User
 
BlueMaxx's Avatar

Join Date: May 2015
Location: The Middle
Posts: 56
Re: Boat pricing

And then coupled with a good survey it sounds like a plan...

Thanks!

M
__________________
BlueMaxx is offline   Reply With Quote
Old 16-06-2015, 13:32   #50
Registered User
 
snort's Avatar

Join Date: Sep 2007
Location: Trunk (boot) of my car
Boat: Tinker Traveller...a dozen feet of bluewater awesomeness!
Posts: 1,031
Re: Boat pricing

Quote:
Originally Posted by Cheechako View Post
Yeah, refurb costs are often near give away. Keep that in mind as a seller or a buyer. People do get emotional about their boats. Often thinking "their" boat is certainly worth more than another sellers.
I once sold a nicely refurbished boat. I had an offer on it and countered. The buyer was playing "hard to get" and not responding to my counter. meanwhile a full price offer came in! The first buyer got really pissed, even followed the boat thru survey taking video. Almost ended up in a lawsuit on that one. But eventually he backed off.
What you did sounds more than fair!
And I recognize people like this, unfortunately. I work with them all the time. Hopefully not for too much longer.
__________________
snort is offline   Reply With Quote
Old 16-06-2015, 16:00   #51
Senior Cruiser
 
Cheechako's Avatar

Cruisers Forum Supporter

Join Date: Aug 2006
Location: Skagit City, WA
Posts: 19,334
Re: Boat pricing

Quote:
Originally Posted by snort View Post
What you did sounds more than fair!
And I recognize people like this, unfortunately. I work with them all the time. Hopefully not for too much longer.
The first buyer had said to the broker on the phone that he wouldn't pay my counteroffer. To us that was a rejection of the counter. There were other details too.
__________________

__________________
"I spent most of my money on Booze, Broads and Boats. The rest I wasted" - Elmore Leonard











Cheechako is offline   Reply With Quote
Reply

Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Boat Pricing (How Much Should a Boat Really Cost?) Panamax. Meets & Greets 21 17-09-2015 14:45
Cruising boat pricing, CSY 33 in particular chienbizarre Monohull Sailboats 73 15-04-2014 04:43
Ericson 27 - Explanation for Boat Pricing rattleshirt Monohull Sailboats 6 17-04-2011 12:26
boat pricing/flashy/brand names sailorboy1 Monohull Sailboats 4 02-01-2009 14:35
Need Pricing on New Boat Engine Daddy's Dream Monohull Sailboats 20 22-09-2005 20:14



Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -7. The time now is 01:17.


Google+
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.

ShowCase vBulletin Plugins by Drive Thru Online, Inc.