sb in gp
Active Member
Anybody?
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Does anyone know of a broker that would be willing to pull comps on recent 420 DB sales for boats between 2004-2006? Please PM me if you do, thanks.
Scott
I don't have comps but I can tell you I sold my 2006 44DB this past April for $260k. It had every available option from Sea Ray that year except the factory hydraulic lift and bridge air (very very few had these options). I think there were 305 hours on the mains. There was also an '07 sold around the same time at about $280k, I think. I would imagine this winter sales of '04's will be under $200k, '05's $200-225k and '06's $200-265k. Asks may be a lot higher but those sellers are either underwater or near it or not serious. A broker might be of more help with other actuals but that was my experience and observations, as much of a single point of view that it is and for what it's worth....good luck.
....i would appreciate any input as to what I should ask or look for going into this purchase, of course a complete survey and sea trial. ....
Thanks for the feedback !!Jeff,
Welcome to the club and soon to be 420/44DB owner.
In general I don't know any specific area/components that would qualify as "weak" for the model and require extra attention during the survey. As long as you follow proper basic purchase/vessel check process you should be fine. As you may know, one of the primary items is the maintenance history. If you follow the conservative approach I've learned while back from Frank W. "if you don't have a record assume it's not done and address the item" you most likely will stay clear from majority of the potential issues.
- Make sure to have properly worded contingency in the contract, in case you have to back out of the deal based on results of your findings.
- Get as much of maintenance records as possible to draw a comfortable conclusion on how the boat was maintained.
- Depending on the vessel hours, find Cummins scheduled maintenance guide for that time frame and see what was done and what's pending. Heat exchangers and aftercoolers are most expensive maintenance items. If they were never done and hours/age calls for it, make sure to add it to your budget.
- Have reputable Cummins Certified tech perform survey on the engines and do all 5 oil samples.
- Find reputable hull surveyor. Having good surveyors for vessel health check is one of the most important things in the purchase process. So, spend extra time and don't try to save $$$ on a good surveyors.
- If a vessel is equipped with extra gear like hydraulic lift, make sure surveyor checks it in detail, but most surveyors know it without saying.
Good luck and let us know if you have specific questions.
Thanks for the feedback !!
-The boat listing shows 660 hrs so I don't know where that falls into the maintenance schedule?
-Can you elaborate on what 5 oils you are talking about?
-On my 320 I put my trust into a friend who sold it to us and did't bother with the surveys, never had any issues
so Have to ask a real stupid question...are the surveys done before we agree on the selling price?