Cruisers Forum
 


Reply
  This discussion is proudly sponsored by:
Please support our sponsors and let them know you heard about their products on Cruisers Forums. Advertise Here
 
Thread Tools Search this Thread Rate Thread Display Modes
Old 17-07-2020, 12:24   #1
Registered User
 
Dan Best's Avatar

Join Date: Jun 2013
Boat: Kelly-Peterson 44
Posts: 52
What is the cruising boat market like?

We own a wonderful cruising boat, a Kelley Peterson 44, and have cruised it to the S. Pacific and back, but for the last few years, it has sat basically unused. Anybody know what the market for this type of boat is like? We're debating whether we should clean it up (sanding, varnish, etc.) and try to sell it, but are clueless whether we'd be better off holding on to it until this whole Covid thing is over.
__________________
It's a hard life.
But somebody's got to live it, if only to act as an inspiration to others.
Dan@dbSail.org
Dan Best is offline   Reply With Quote
Old 17-07-2020, 20:59   #2
Registered User

Join Date: May 2010
Location: near San Jose, CA
Boat: Yankee Dolphin 24'
Posts: 194
Re: What is the cruising boat market like?

So where are you, and where would you plan to sell it?
tenchiki is offline   Reply With Quote
Old 17-07-2020, 21:05   #3
Registered User

Join Date: Apr 2005
Location: Southern California
Boat: Catalina 320
Posts: 1,124
Re: What is the cruising boat market like?

Spoke with a friend who's a broker yesterday, he's pretty much run out of boats to sell, so market is good right now in So. California. Sell it now, unused, uncared for boats rarely appreciate.
He also thinks that he will sell many of those boats again within a year when new clueless owners meet reality.
Calif.Ted is offline   Reply With Quote
Old 17-07-2020, 22:29   #4
Registered User
 
Fore and Aft's Avatar

Join Date: Jan 2015
Location: Gympie
Boat: Volkscruiser
Posts: 1,934
Re: What is the cruising boat market like?

Calif.Ted that sounds like a few brokers l have spoken to here in Australia. For many of my latest customers it's just an alternative to going overseas this year. I imagine once they have had a few trips and the borders open then the boat will be back on the market.
Cheers
Fore and Aft is offline   Reply With Quote
Old 18-07-2020, 08:13   #5
Registered User
 
Dan Best's Avatar

Join Date: Jun 2013
Boat: Kelly-Peterson 44
Posts: 52
Re: What is the cruising boat market like?

Quote:
Originally Posted by tenchiki View Post
So where are you, and where would you plan to sell it?
The boat's at the Point San Pablo Yacht Club in the San Francisco Bay.
__________________
It's a hard life.
But somebody's got to live it, if only to act as an inspiration to others.
Dan@dbSail.org
Dan Best is offline   Reply With Quote
Old 19-07-2020, 10:10   #6
Registered User

Join Date: May 2010
Location: near San Jose, CA
Boat: Yankee Dolphin 24'
Posts: 194
Re: What is the cruising boat market like?

Quote:
Originally Posted by Dan Best View Post
The boat's at the Point San Pablo Yacht Club in the San Francisco Bay.

oh, I know where that is, I used to know someone who lived on a houseboat there (friend of a friend). Haven't been there in a really long time! Did they ever get around to fixing the road?
tenchiki is offline   Reply With Quote
Old 19-07-2020, 10:43   #7
Registered User

Join Date: Jan 2018
Boat: 50ft Custom Fast Catamaran
Posts: 6,597
Re: What is the cruising boat market like?

The Spanish language has a perfect little description of the boat market.

En fuego!
Chotu is offline   Reply With Quote
Old 19-07-2020, 14:12   #8
Registered User
 
Dan Best's Avatar

Join Date: Jun 2013
Boat: Kelly-Peterson 44
Posts: 52
Re: What is the cruising boat market like?

Quote:
Originally Posted by tenchiki View Post
oh, I know where that is, I used to know someone who lived on a houseboat there (friend of a friend). Haven't been there in a really long time! Did they ever get around to fixing the road?
Actually, the yacht club moved a number of years ago. It's now in Pt Richmond, at the end of the Santa Fe Channel and near KKMI.
__________________
It's a hard life.
But somebody's got to live it, if only to act as an inspiration to others.
Dan@dbSail.org
Dan Best is offline   Reply With Quote
Old 19-07-2020, 15:03   #9
Registered User

Join Date: Mar 2013
Location: San Diego
Boat: Jeanneau 349, FP 47, Sense 50, J 42ds
Posts: 747
Re: What is the cruising boat market like?

Just sold two boats, one listed before Covid, the other since it started. Both sold during. One in California, one in Maryland. Both brokers said market is solid. Both warned, and were correct, you will get low ball offers to see if you are desperate. I think "clean" anything (cars, boats, ex wives) get better offers than "as is". If it were me, I'd spend a little to make it look great and list it if you are interested in selling. Your boat is a very popular model.
Zzmeyer is offline   Reply With Quote
Old 19-07-2020, 16:26   #10
Registered User

Join Date: Aug 2009
Location: between the devil and the deep blue sea
Boat: a sailing boat
Posts: 20,398
Re: What is the cruising boat market like?

I would hold off.


I think many buyers are on hold, boats, cars, homes, you name it.


barnakiel
barnakiel is offline   Reply With Quote
Old 19-07-2020, 16:36   #11
Registered User

Join Date: Jun 2019
Posts: 1,911
Re: What is the cruising boat market like?

Quote:
Originally Posted by barnakiel View Post
I would hold off.


I think many buyers are on hold, boats, cars, homes, you name it.


barnakiel
That's where I thought things would be. But they're not. Many people with money have no job impact and are looking for ways to vacation. Motor homes, camping equipment, house sales, boats, are all way up in many markets. It's a surprise, but it's how it's going right now in many markets. I'd guess SF is one of those markets with plenty of people with money burning a hole in their pocket. Big tech stocks have been hitting historical highs for months now.

To the OP: strike while the iron is hot. Sell now.
mvweebles is offline   Reply With Quote
Old 19-07-2020, 16:47   #12
Registered User

Join Date: May 2011
Location: Lake Ont
Posts: 8,131
Re: What is the cruising boat market like?

Quote:
Originally Posted by mvweebles View Post
To the OP: strike while the iron is hot. Sell now.

Agreed that it seems like a hot market for good boats, and that there's quite a bit of bored money looking for new toys.

To the OP, why has the boat been sitting idle the past few years? Do you expect or want to do that sort of cruising again soon? If not... sell. Maybe get a smaller boat for cruising your local waters, weekending etc.
Lake-Effect is offline   Reply With Quote
Old 19-07-2020, 16:59   #13
Registered User
 
Fore and Aft's Avatar

Join Date: Jan 2015
Location: Gympie
Boat: Volkscruiser
Posts: 1,934
Re: What is the cruising boat market like?

MVWeebles I was in our local camping store the other day and a salesman was telling me it's like christmas time with all the shoppers. Judging by the empty shelves I am pretty sure he was telling the truth.
Cheers
Fore and Aft is offline   Reply With Quote
Old 19-07-2020, 17:09   #14
Registered User

Join Date: Aug 2009
Location: between the devil and the deep blue sea
Boat: a sailing boat
Posts: 20,398
Re: What is the cruising boat market like?

Quote:
Originally Posted by mvweebles View Post
That's where I thought things would be. But they're not. Many people with money have no job impact and are looking for ways to vacation. Motor homes, camping equipment, house sales, boats, are all way up in many markets. It's a surprise, but it's how it's going right now in many markets. I'd guess SF is one of those markets with plenty of people with money burning a hole in their pocket. Big tech stocks have been hitting historical highs for months now.

To the OP: strike while the iron is hot. Sell now.



OK. I see.


Here (EU) the market is not dead but not alive either. Stagnant is I think the word.


In our marina (some 100 boats, many for sale) nothing has been sold ever since the whole story began.


If US market is well alive, sure sell now.



b.
barnakiel is offline   Reply With Quote
Old 19-07-2020, 18:02   #15
Registered User

Join Date: Apr 2005
Location: Southern California
Boat: Catalina 320
Posts: 1,124
Re: What is the cruising boat market like?

You'd think everyone would be putting off major purchases but I'm gonna be really pissed off if I land in a hospital bed before spending all the money I've worked so hard for.
I had to replace my wife's car, she "liked" the Lexus, I told her I couldn't feel comfortable spending more than necessary on a car and bought her a CRV. It's time to replace the Honda and I'm starting to wonder what would bring me the most joy over whatever time remains. A healthy bank account or one of those new Jaguar convertibles, gotta say the Jag is growing on me.
If I didn't already own a boat I'd be getting one now and I'd spend more than I did on this one.
Calif.Ted is offline   Reply With Quote
Reply

Tags
boat, cruising

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Ding like bell sound like pinking from diesel Yanmar 2M15 2006 version after low oi bouncycastle Engines and Propulsion Systems 71 17-07-2020 17:02
Small market analysis of "big catamarans" market ranchero76 Multihull Sailboats 2 11-06-2017 01:08
Cruising Boat Market ddsailor25 Dollars & Cents 14 31-03-2011 20:37
Buyer's Market or Seller's Market ? rourkeh Dollars & Cents 31 11-10-2010 10:52
A new way to market a boat fastcat435 Cruising News & Events 1 16-01-2009 04:54

Advertise Here


All times are GMT -7. The time now is 22:15.


Google+
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2022, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2022, vBulletin Solutions, Inc.

ShowCase vBulletin Plugins by Drive Thru Online, Inc.