Originally Posted by Charter Cat
Surely a 2004 L440 having spent its entire life in charter
vs. a lightly used privately used 2010 well equiped boat will fetch some very different prices. The latter probably a 50-75% higher price
than the old charter
I myself will buy a cat in about 3 months (L440 is on my short list). Figuring out the market price
is hard though. Its not like a house where there in most countries is easy to get very solid "sold price" data. I haven't decied if working with a "buying broker" is the right way. They do have access to soldboats.com which I think was is being referred to above, but I'm not sure how reliable that data is.
We agree with all that.
FWIW, we didn't use a buying
broker, but only for some very unusual reasons. After struggling with 'traditional' brokers -- Therein also lies the flaw, in our experience, with the "ask your broker
" approach to confirm sale
prices as they often (not always, but how do you know?!?) either don't know and/or will 'bend' information to their purposes -- we bought our vessel effectively privately, BUT if we have to do it again, we will definitely use a (particular!) buying
broker that gave us solid advice; saved us a lot of effort; and prevented us from making some terrible mistakes!
We should add that there will be an exception where you are fortunate enough to have a close relationship with a broker that you know you can trust; that broker should help, a lot! Like any professional service
, good brokers are very valuable...and bad ones are very dangerous!