| steel hull boat prices?
I have been looking for several weeks at different boats in the 40-50 foot range and their prices. I am kinda shocked to be constantly seeing steel hull boats going for a lot less than fiberglass ones. They seem to hold their value a bit better with age but still, I would think they were worth a lot more especially with the current price of scrap steel.
Can anyone give me a clue as to why they are so relatively cheap right now?
There are several I looked at this morning. One that really catches my eye is a custom rig, no builder specified. It was built in 99 and is a 45 foot motor sailer. Only 99,000.
The other is a 66 model 46 foot sailer. It's under 70,000. Maybe all the ones currently online are just hiding things. It seems pretty cheap to me though for steel.
If they aren't hiding something then is there a reason steel boats are cheaper generally then fiberglass? Are they harder to sell maybe?
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