What´s the value of this boat???

[osvaldo]

I´m interested in a catamaran like the one in the picture, it´s a Dean 33, from 1988. I still have to spend around 8.000,00 euros with reparations. The reparations it´s things as painting work and carpentry work inside the cat, and a new hidraulic system for the rudder. Can you help me to decided the value, that I should offer (a fair price). Thank you.

And sorry about my bad english.

[speciald@ocens.]

There are a few 1985 Dean 36 listed on yachtworld for about 120K US. Maybe the listing brokers could give us an estimate of value.

[Chantyabc]

Hi there I found a few similar boats sold in the range of $86,000-$112,000. Personally I would put in a bid a bit lower than the average selling price (based on the research provided). Remember this is the buyers market.

Thanks Chanty

[ldrhawke]

Originally Posted by osvaldo

I´m interested in a catamaran like the one in the picture, it´s a Dean 33, from 1988. I still have to spend around 8.000,00 euros with reparations. The reparations it´s things as painting work and carpentry work inside the cat, and a new hidraulic system for the rudder. Can you help me to decided the value, that I should offer (a fair price). Thank you.

And sorry about my bad english.

It appears the market for one that the owner has already done a lot of work is $120,000 (77,000 euro) Assuming it could be bought for $100,000 (64,000 euro) in todays boat market. That means if you can get the boat you are looking at for just under $90,000 (58,000 euro), you are about even with purchasing a boat that someone else has already done most of the work.

The problem is the assumptions 1) you can fix the fix up boat up for only $12,000; 2) the other boat doesn't need anything addition spent on it.

Rule of thumb when figuring the cost to repair a boat; double of triple what ever you estimate.(and that is not even counting your time and labor)

Again using $100,000 as a base point, I wouldn't give more than $65,000 (39,000 euro) for the fixer upper. IMHO, spending any more and you are better off getting the boat for $100,000 (64,000 euro) with most of the work already done.

[osvaldo]

Thank you for the help IdrHawke, it´s a very good advice,
and also to Chantyabc and speciald@ocens.

[Nordic cat]

Have a look around at some of the sites where private owners advertise, like the different multihull clubs in each country.

>Here is a pretty nice boat: Multihulls.dk

for 50.000,- Euros.

Have a look at : Mehrrumpfboote - Katamaran - Trimaran - Proa - Multihulls as well.

If you have your heart set on the Dean, then without knowing the state of the boat otherwise, I would probably go even lower than what Idrhawke says. We are approaching the slowest part of the boat season soon (winter).

Good luck

Alan

[osvaldo]

Well, wish me luck with the deal; and thanks for the help.

[fastcat435]

Originally Posted by osvaldo

Well, wish me luck with the deal; and thanks for the help.

If the cat is located in SA the price will be lower than in other locations .
Good luck