Want To Buy: Owners = Headaches

[letsgetsailing3]

[QUOTE=BBill;3703911]

Originally Posted by letsgetsailing3

Cruisers return here all the time and unload their fully found boats for cheap. They live in other states or countries and want to sell quickly to get on with their lives. Most of them can afford (and expect) to lose money. We are starting to see the early covid dropouts returning and selling which is adding to the mix. You have to be here and act fast to get a decent 60-70k boat for 40k...many are picked up by flippers for resale. A few of my boats were purchased this way...at 40-50% below market.

Where is "here"?

I've looked at a lot of boats, and I usually don't find the ones "priced for quick sale". I mostly find the ones that are overpriced and tired.

[goboatingnow]

[QUOTE=BBill;3703911]

Originally Posted by letsgetsailing3

Cruisers return here all the time and unload their fully found boats for cheap. They live in other states or countries and want to sell quickly to get on with their lives. Most of them can afford (and expect) to lose money. We are starting to see the early covid dropouts returning and selling which is adding to the mix. You have to be here and act fast to get a decent 60-70k boat for 40k...many are picked up by flippers for resale. A few of my boats were purchased this way...at 40-50% below market.

This seems to be a uniquely US perspective

[goboatingnow]

Also why is it so cheap

[captchetco]

Originally Posted by Caribbeanlife

Problems that i have come across looking for a boat:

I have been dreaming about looking for and buying a boat for many years and its been a lot of headaches. I have logged over 14k miles looking for a boat and im slowly running out of steam! Im living in a small RV with my dog in Florida.
Im looking for a -40 foot cruiser. $50k budget HELP

My 41'Gulfstar center cockpit Ketch is for sale at a bargain price ($25,000). My wife and I have gotten too old to use it (82). A lot of cosmetic work is needed, but it is fully functional. If interested, let me know, and I will give you full details.

[BBill]

[QUOTE=goboatingnow;3703966]

Originally Posted by BBill

This seems to be a uniquely US perspective

"Here" is in Florida, USA and I'm referencing my personal buying and selling since the mid 1960s. Very few are advertised at 40% under market and you have to make the deal...it isn't presented on a silver platter and I can't count how many times someone said to me "if I knew they would have sold it for that price I would have bought it." Or... "do you want to make a quick $5k and sell it to me?" Like I posted earlier, if a seller is "insulted" by my low offer its his personal problem, not mine. You just have to know a little about boats and use the right tools for negotiation. It isn't rocket science and probably not exclusive to the USA either.