Cruisers Forum
 


Join CruisersForum Today

Reply
 
Thread Tools Rate Thread Display Modes
Old 26-01-2012, 09:10   #121
Freelance Delivery Skipper..
 
boatman61's Avatar

Community Sponsor
Cruisers Forum Supporter

Join Date: Jan 2010
Location: PORTUGAL
Posts: 20,226
Images: 2
pirate Re: Is the Market Really this Bad ?

Yeah... enough of this... lets get back to knocking HR's and W32's....
Just kiddin guys...
PS... and Hunters... just for Don... gets his cheeks all rosey...
__________________


Born To Be Wild
boatman61 is offline   Reply With Quote
Old 26-01-2012, 09:31   #122
Registered User
 
Rhapsody-NS27's Avatar

Join Date: Oct 2010
Location: VA, boat: Deale, MD
Boat: 1981 Nor'sea 27
Posts: 1,409
Re: Is the Market Really this Bad ?

About the market... It is interesting to watch some boats over time listed on Yacht World and notice the price go down, go down some more and a little more.... A couple times, I've seen listings go up, only to go down again. Unless actively watching the listings, can't really tell the history of the listing from price changes or how long they've been listed.
Plenty to go see.
__________________

__________________
Daniel - Rhapsody Blog,
“A sailor’s joys are as simple as a child’s.” — Bernard Moitessier
"I don't need therapy, I just need my boat"
Rhapsody-NS27 is offline   Reply With Quote
Old 26-01-2012, 10:42   #123
Registered User
 
avb3's Avatar

Cruisers Forum Supporter

Join Date: Jul 2010
Location: Florida/Alberta
Boat: Lippincott 30
Posts: 9,913
Images: 1
Re: Is the Market Really this Bad ?

Quote:
Originally Posted by Dan_78 View Post
About the market... It is interesting to watch some boats over time listed on Yacht World and notice the price go down, go down some more and a little more.... A couple times, I've seen listings go up, only to go down again. Unless actively watching the listings, can't really tell the history of the listing from price changes or how long they've been listed.
Plenty to go see.
I've noticed the same thing. Is there a way to estimate how long a listing has existed? It seem like the YW# is code as 12345-1234256 with the first numbers indicating broker, and the second when it was listed, the second in sequential order.

The question is, how to decipher the second set of numbers to an approximate date?

Regardless, it still amazes me that the HR I as OP discussed has not sold yet; I doubt there is much a new owner would need to do, with the exception of having a really good look at the motor, including an oil analysis.
__________________
If your attitude resembles the south end of a bull heading north, it's time to turn around.
avb3 is offline   Reply With Quote
Old 26-01-2012, 11:02   #124
Registered User
 
Celestialsailor's Avatar

Join Date: Nov 2006
Location: In Mexico, working on the boat
Boat: Hallberg Rassy 35. and 14ft.Whitehall pulling skiff.
Posts: 8,013
Images: 5
Re: Is the Market Really this Bad ?

Quote:
Originally Posted by avb3 View Post
I've noticed the same thing. Is there a way to estimate how long a listing has existed? It seem like the YW# is code as 12345-1234256 with the first numbers indicating broker, and the second when it was listed, the second in sequential order.

The question is, how to decipher the second set of numbers to an approximate date?

Regardless, it still amazes me that the HR I as OP discussed has not sold yet; I doubt there is much a new owner would need to do, with the exception of having a really good look at the motor, including an oil analysis.
Funny thing about oil analysis is that all the owner has to do is change the oil and the report comes back as clean.
__________________
"Life is not a journey to the grave with the intention of arriving safely in a pretty and well-preserved body, but rather to skid in broadside, thoroughly used up, totally worn out, and loudly proclaiming: Wow - what a ride!"

http://wwwjolielle.blogspot.com/
Celestialsailor is offline   Reply With Quote
Old 26-01-2012, 11:28   #125
Registered User
 
avb3's Avatar

Cruisers Forum Supporter

Join Date: Jul 2010
Location: Florida/Alberta
Boat: Lippincott 30
Posts: 9,913
Images: 1
Re: Is the Market Really this Bad ?

Quote:
Originally Posted by Celestialsailor View Post
Funny thing about oil analysis is that all the owner has to do is change the oil and the report comes back as clean.
Yup, that's why you run the motor during the sailing test. Although testing newly changed oil does not give you as complete a picture as testing oil that has been use for some time, it will indicate things like coolant contamination, as well as possible fuel contamination. It will give less of an indication of metal wear, however, if it does, then you know you have a real problem.

Fresh oil analysis will only show problems, not eliminate others that older oil will indicate. In either case, it is something that needs to be done before purchase.

In addition, looking for signs of contamination on things like the drain plug or where the oil is poured in can indicate problem areas.

It doesn't eliminate other issues, but it can point out existing ones. It is one tool in evaluation of an engine.
__________________
If your attitude resembles the south end of a bull heading north, it's time to turn around.
avb3 is offline   Reply With Quote
Old 26-01-2012, 11:51   #126
Freelance Delivery Skipper..
 
boatman61's Avatar

Community Sponsor
Cruisers Forum Supporter

Join Date: Jan 2010
Location: PORTUGAL
Posts: 20,226
Images: 2
pirate Re: Is the Market Really this Bad ?

Damn.... and for years I've been relying on a dipstick, a screwdriver and the start button for diagnosis...
__________________


Born To Be Wild
boatman61 is offline   Reply With Quote
Old 26-01-2012, 12:03   #127
Registered User
 
Sand crab's Avatar

Join Date: Oct 2010
Location: Gig Harbor, WA
Boat: 34' Crowther tri sold 16' Kayak now
Posts: 3,157
Re: Is the Market Really this Bad ?

Quote:
Originally Posted by avb3 View Post
I've noticed the same thing. Is there a way to estimate how long a listing has existed? It seem like the YW# is code as 12345-1234256 with the first numbers indicating broker, and the second when it was listed, the second in sequential order.

The question is, how to decipher the second set of numbers to an approximate date?

Regardless, it still amazes me that the HR I as OP discussed has not sold yet; I doubt there is much a new owner would need to do, with the exception of having a really good look at the motor, including an oil analysis.
I started a thread about this with no results
Deciphering yachtworld codes
And there were others.
__________________
We don't need no stinking badges.
Sand crab is offline   Reply With Quote
Old 26-01-2012, 12:17   #128
Registered User
 
avb3's Avatar

Cruisers Forum Supporter

Join Date: Jul 2010
Location: Florida/Alberta
Boat: Lippincott 30
Posts: 9,913
Images: 1
Re: Is the Market Really this Bad ?

Quote:
Originally Posted by boatman61 View Post
Damn.... and for years I've been relying on a dipstick, a screwdriver and the start button for diagnosis...
So how are you sure that clatter from the diesel is not pistons changing holes? lol
__________________
If your attitude resembles the south end of a bull heading north, it's time to turn around.
avb3 is offline   Reply With Quote
Old 26-01-2012, 12:19   #129
Registered User

Join Date: Mar 2011
Location: Maine
Boat: Irwin Citation 34
Posts: 137
Re: Is the Market Really this Bad ?

This is another example of a well maintained boat, huge list of new equipment, and reasonable price, just sitting. 1981 Cheoy Lee ketch Sail Boat For Sale - keyharboryachtsales.com I would have thought this one would have been gone in a few weeks. Tim's Tayana, another nice boat. 1981 Tayana Vancouver 42 CC Sail Boat For Sale - www.yachtworld.com I thought this deal would be gone in a week also.

I don't have a crystal ball, I don't claim any kind of special insight and I don't have a tin-foil hat either. There is more going on in this market than just prices. I truly believe that fear is the single most significant aspect that has paralyzed the sailboat market. In the final analysis, in order to sell a boat, a new owner must be able to visualize his future on that boat. If someone cannot visualize the future, especially his financial future in how he will pay for living with/on the boat, there will be no sale. It is irrelevant if the motor is new, the decks are solid, the varnish is fresh and so forth. Even to some extent, the price becomes irrelevant.

Today, right now, very few people can visualize a safe financial path to the future. In the housing market, the standard is the 30 year mortgage. The average good paying job lasts 5 to 7 years. How can you take on a 30 year responsibility knowing that you will have to get 2 to 5 other jobs, that pay equally well, on your way to paying off that house ? It is a moot point in an inflating market, where you can always sell the house but today you cannot. So the wisdom becomes, " Be careful which boat you buy. You will be stuck with it forever ".
__________________
TomandAnitas34 is offline   Reply With Quote
Old 26-01-2012, 12:28   #130
Registered User
 
Anzo's Avatar

Join Date: Oct 2007
Location: No fixed address
Boat: Hallberg-Rassy Rasmus 35 Berzerker
Posts: 137
Re: Is the Market Really this Bad ?

Damn, that Tayana 42cc is a nice boat. If people are dragging feet over that one, at that price, even figuring for some (a lot) or refrib, I guess I'll be keeping Ol' 'Zerk forever.....and having a 2nd boat like the Tayana.
__________________
Anzo is offline   Reply With Quote
Old 26-01-2012, 12:30   #131
Freelance Delivery Skipper..
 
boatman61's Avatar

Community Sponsor
Cruisers Forum Supporter

Join Date: Jan 2010
Location: PORTUGAL
Posts: 20,226
Images: 2
pirate Re: Is the Market Really this Bad ?

Quote:
Originally Posted by avb3 View Post
So how are you sure that clatter from the diesel is not pistons changing holes? lol
Thats where the screwdriver stethoscope comes into play...
__________________


Born To Be Wild
boatman61 is offline   Reply With Quote
Old 26-01-2012, 12:45   #132
Registered User
 
Mexdon's Avatar

Join Date: Jul 2011
Location: Mexico City
Boat: CR 56 CC to be built 2014 2015
Posts: 455
Send a message via Skype™ to Mexdon
Re: Is the Market Really this Bad ?

Quote:
Originally Posted by boatman61 View Post
Thats where the screwdriver stethoscope comes into play...
I am too young to go deaf.
__________________
When I was a boy my momma would send me down to the corner store with $1 and I would come back with 5 potatoes, 2 loaves of bread, 3 bottles of milk, a hunk of cheese, a box of tea and 6 eggs. Can't do that now, too many f**kn security cameras.
Mexdon is offline   Reply With Quote
Old 26-01-2012, 12:52   #133
Registered User
 
avb3's Avatar

Cruisers Forum Supporter

Join Date: Jul 2010
Location: Florida/Alberta
Boat: Lippincott 30
Posts: 9,913
Images: 1
Re: Is the Market Really this Bad ?

Quote:
Originally Posted by boatman61 View Post
Thats where the screwdriver stethoscope comes into play...
Broom handle works just as well, and one doesn't have to go through all the gymnastic contortions... BTDT

And after all that, THEN get an oil analysis.
__________________
If your attitude resembles the south end of a bull heading north, it's time to turn around.
avb3 is offline   Reply With Quote
Old 26-01-2012, 13:59   #134
Registered User
 
Celestialsailor's Avatar

Join Date: Nov 2006
Location: In Mexico, working on the boat
Boat: Hallberg Rassy 35. and 14ft.Whitehall pulling skiff.
Posts: 8,013
Images: 5
Re: Is the Market Really this Bad ?

Quote:
Originally Posted by TomandAnitas34 View Post
This is another example of a well maintained boat, huge list of new equipment, and reasonable price, just sitting. 1981 Cheoy Lee ketch Sail Boat For Sale - keyharboryachtsales.com I would have thought this one would have been gone in a few weeks. Tim's Tayana, another nice boat. 1981 Tayana Vancouver 42 CC Sail Boat For Sale - www.yachtworld.com I thought this deal would be gone in a week also. I don't have a crystal ball, I don't claim any kind of special insight and I don't have a tin-foil hat either. There is more going on in this market than just prices. I truly believe that fear is the single most significant aspect that has paralyzed the sailboat market. In the final analysis, in order to sell a boat, a new owner must be able to visualize his future on that boat. If someone cannot visualize the future, especially his financial future in how he will pay for living with/on the boat, there will be no sale. It is irrelevant if the motor is new, the decks are solid, the varnish is fresh and so forth. Even to some extent, the price becomes irrelevant. Today, right now, very few people can visualize a safe financial path to the future. In the housing market, the standard is the 30 year mortgage. The average good paying job lasts 5 to 7 years. How can you take on a 30 year responsibility knowing that you will have to get 2 to 5 other jobs, that pay equally well, on your way to paying off that house ? It is a moot point in an inflating market, where you can always sell the house but today you cannot. So the wisdom becomes, " Be careful which boat you buy. You will be stuck with it forever ".

I have my own theory which I formulized while I dabbled in Real estate. I bought a home in Kona Hawaii. Everyone said I was silly for buying in a tourist market and that prices would never go up. That was 2001. Then when it tripled in value in 2004 1/2, I put it on the market with the thought that the GDP only goes up 3% a year and the house had gone up 300%. Those same people said I was crazy. The bottom fell out over the next 4 or so years. Then I bought here in Ca., cash, a forclosure for 1/2 the value it sold at in 2006. My point is. When I tell someone they should buy, the don't because (like you say) are in fear about it. When I tell them they should sell...same thing.
My point is...that it does not matter what the market is. When people operate from a place of fear they will always find an excuse why they shouldn't make a move. Just look at all the people on this site (and this thread) that grumbles at a good boat for 1/4 of the price. Chances are they will be here in 5 years saying they should have bought 5 years ago.
I've taken some risks over the years and some have bit me in the caboose. But in all, I have done ok and had a ball along the way.
__________________
"Life is not a journey to the grave with the intention of arriving safely in a pretty and well-preserved body, but rather to skid in broadside, thoroughly used up, totally worn out, and loudly proclaiming: Wow - what a ride!"

http://wwwjolielle.blogspot.com/
Celestialsailor is offline   Reply With Quote
Old 26-01-2012, 14:11   #135
Marine Service Provider

Cruisers Forum Supporter

Join Date: Jul 2010
Location: On the Go
Boat: Various
Posts: 666
Re: Is the Market Really this Bad ?

I have a friend who has bought and sold a lot of boats. I don't know how he makes out when selling but his first offer is always HALF the asking price. Ouch. Sad part is, it's often snapped up. Yes, the market is bad and yes, many sellers are desperate. Depends, of course on the boat and where she lies.
__________________

__________________
Janet Groene
JanetGroene 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
The Business Case for Next-Generation Chartplotting hyman Navigation 17 24-11-2011 23:34
Vendor Space Still Available: Florida Marine Flea Market and Seafood Festival LarryBu Commercial Posts 0 22-08-2011 08:03



Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -7. The time now is 05:57.


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.