A buyers market ends when the sellers decide. That happened when the first positive indicators of turnaround appeared. Recognize that, and accept that the bottom of the market is history
. There are far more buyers than sellers here, and they are all whistling in the dark, more than a little nervous that their chance to own a boat is slipping away.
I'm quite curious that a broker would tell a buyer a boat is worth less than the asking price. I suspect there's more to that story than the OP has said.
And, as said above, no one person decides what the market value of a boat is. It takes a buyer and seller agreeing on a price to set that. period.
will look at the condition, equipment
and appearance of the boat, cehck on previous sales of similar models, and propose a "Fair Market Value" but he will be the first to tell you it means very little until the buyer and seller get together. 15% is nothing. Negotiate, or go away.
BUT: if it isn't everything you want in a boat, and there ARE others that meet your needs, go buy one of them. Remember that the purchase
price is just the beginning; you've got a lot of other expenses before you sail away; taxes
, slip fees
, big projects, little projects, fuel
, provisions, curtains and life jackets, ad infinitum. You will spend at a minimum 10% OF THE PURCHASE
PRICE EVERY YEAR ON THIS VESSEL. Don't buy one you can't afford.