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Old 02-01-2011, 21:08   #1
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Pearson 365

so i am looking at a 365 as a live aboard the one im looking at seems a bit expensive compared to the rest of the boats in the area of the same make and model, and it seems about avridge compared to the others. the owner is asking 47k the others in the area are sitting around mid to high 30k.

the boat needs new bottom paint down to the barrier coat withen the next 2 years

sails are 7 years old

engine has avridge hours on it and in good condition upper bits were rebuilt a few years back

auto helm is old and has a broken gyro

wind indicators broken at the top of the mast was over sped during a storme

has serous satiolite installed

sails are 7 years old

dident see any big upgrades or anything that would make it worth more.

haven't looked to see what the tanks are made out of,
or inspected the wiring
also want to check the mast base for coroshion still
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Old 02-01-2011, 21:57   #2
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The Pearson 365 would be a nice liveaboard, but price is everything.

Whenever I look at a used boat, I ignore the asking price and make my calculation of what the boat is really worth in the present market. I have a pad of paper to record what needs to be done, and I place a dollar value on all of that work/equipment.

Old heavily used gear isn't worth that much, and an engine on its last legs will cost lots of money to repair or replace.

In the final analysis, I compute what I think would be the price of the boat when it comes time for me to sell it. What I am willing to pay is very close to what I think I can sell it for in a down market.
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Old 03-01-2011, 02:43   #3
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A surveyor will show you what the selling price of P365's in your area in similiar condition have been. That said, it's your money, offer what you think is fair.
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Old 03-01-2011, 07:26   #4
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Friends have a 365 and we have a 385. I could not recommend Pearson's more. The 365 has a great cockpit for get togethers and the layout is good for a couple. Oh and while not a racer they sail good. Our 385 is built well (have not worked on the 365) and designed to be worked on, e.g. You can get to wiring paths, steering cables, etc. But a good survey should guide you. Mostly the price isn't as important as how much work and replacements will be required.
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Old 03-01-2011, 07:37   #5
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ya the owner was telling me about how the 365 beet a lot of racers on a good day.

im thinking the boats probly worth mid 30k due to

needing new life lines
needs new gyro in auto helm
needs new bottom paint, and barrier coat whiten the next 2 years
sails are 7 years old


il start looking for a good servayor out here in va
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Old 03-01-2011, 08:33   #6
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Have you actually looked at whats on offer on the other 'lower priced' boats in the area to compare what you get... if this one's got more gear and is better condition overall that should tell you why he's asking more.
If you have not... this is idle speculation... and maybe that 'super satellite' is not worth the extra $'s
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Old 03-01-2011, 09:13   #7
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Im assuming your area is guam by your ID location.... What year is the boat?? that price seems fairly high.... avg price in florida by brokers is mid 30's and the boats are fairly well equipped . Whats avg hours on the motor? mine needed rebuild at 900hrs but I've seen others run to 5000 hrs with no problem. Do a compression check !
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Old 03-01-2011, 11:15   #8
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I am now in virgina
It dosent seem to have any
gear or equipment that's not broken that would raise the price to what it's at right now.

as in the above
broken gyro on the auto helm
old lifelines
old bottom paint
broken wind indicator

only thing I can think of that could raise the price is a sirius satellite radio

And no flaming people on speculation especly if you havent read the entire post
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Old 03-01-2011, 11:27   #9
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so, are you talking about this boat?

http://www.yachtworld.com/core/listi..._id=74954&url=
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Old 03-01-2011, 11:38   #10
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Quote:
Originally Posted by ShadowRWolf View Post

And no flaming people on speculation especly if you havent read the entire post
Dont see where anyone was flaming you ? You asked for opinions seems everyone is trying help you out....
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Old 03-01-2011, 11:40   #11
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concur w/ chadlaroche, and I question why OP didn't just post the listing since it tells and shows off a bit more than words.
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Old 03-01-2011, 12:03   #12
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...and heres another across the puddle in MD

http://www.yachtworld.com/core/listi..._id=63770&url=
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Old 03-01-2011, 12:31   #13
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yep thad be the one

Quote:
Originally Posted by SaltyMonkey View Post
so, are you talking about this boat?

http://www.yachtworld.com/core/listi..._id=74954&url=
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Old 03-01-2011, 12:44   #14
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You have to measure the big ticket items and ignore the toys. Engine, rigging (standing and running), sails, and hull/deck integrity for example.

Heating - Propane heater in main cabin, tender - Walker 8' tender, Air conditioning, Refrigerator, Shore Power, 6 gal water heater - somewhat.

Electronics - not.

"The owner is a certified diesel mechanic and has rebuilt or replaced most everything."
Triple fuel filtration 2 Racor filters and engine mounted filter - tells me something. But how many hours?

I'd certainly consider it as it looks nice in the photos; however, maybe not for that bay. Hence, maybe why they want a race boat.
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Old 03-01-2011, 12:50   #15
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hes selling it because his kids are gone off to school and there own lives now, him and his wife are more in to racing than cursing now, forgot how meny hrs he sed was on the rebuild but not too many if i rember right, i still want to look at it agen to see what tanks are in it, and how old the wiring is
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