2003 320 Sundancer $78,500.00

Re: 2003 320 Sundancer $88,500.00

Reality check: If you run the comps I think you'll find out you are way overpriced. My '04 340 sold for 87K last year. By comps I do not mean boattrader.com...... I mean talk to any dealer and you'll get a list sale prices of all recently sold '03 320's sold nationally.
 
Re: 2003 320 Sundancer $88,500.00

Well maybe fresh water boats have a better resale than those that sell in saltwater areas. I have done the research and know what boats are selling in MY area, so stop slamming how I priced my boat!!!!!
 
Re: 2003 320 Sundancer $88,500.00

Maybe one of the administrators can redo the heading to read: 2003 320 Sundancer $78,500.00. To show that I have already dropped the price by 10k.
 
Re: 2003 320 Sundancer $88,500.00

Reality check: If you run the comps I think you'll find out you are way overpriced. My '04 340 sold for 87K last year. By comps I do not mean boattrader.com...... I mean talk to any dealer and you'll get a list sale prices of all recently sold '03 320's sold nationally.

Disagree. I did run all the comps in our area and he is priced very competitive.
 
Re: 2003 320 Sundancer $88,500.00

The days of free rides are over...that's your reality check. As soon as we owners hold fast and stop giving away our boats, the better off we will ALL be.

Sorry, as I understand and wish for your sentiment, but there doesn't seem to be a line of people waiting to buy used boats. Yes, some models and price ranges are warmer than they have been in the dark days, but I'm not hearing of multiple offers or buyers fighting to get boats away from one another. The days of free falling prices are over but they are continuing to depreciate quickly.

We have proven Jeff's boat is not worth $88,500 providing two points have been met. One it was fully exposed to the market? Two is the condition worthy of an offer? I feel confident the latter is a resounding yes so that leaves the marketing or the price as the variables. So what is the right price for the 2015 market and can a broker get you more for it are the questions.

MM
 
Does anyone get the direct mail piece from Dennison Yachts out of Florida? It lists the sales from Q1 of Sea Rays around the country. What I noticed specific to 320 Sundancers is that they sell considerably cheeper in Florida than they did in towns like Portland, OR or Salt Lake City.
 
I love hearing that "I am asking too much," or "I think you priced it too high." Isn't the "asking price" the "Starting point" for negotiations? When pricing my 280, I searched the online sites to see what others were asking. Then I had a sales report done of what they sold for. I priced somewhere in the middle, as close as I could, base off of condition, hours, options and upgrades. I personally would never not call on a boat I was interested in because it was priced 5k over what I think it should be. But, maybe that is just me?
Mike
 
Isn't the "asking price" the "Starting point" for negotiations?

The asking price is a "tea leaf reading" of what the seller expects to sell the boat for. Many boat sales will be to someone younger than the seller and these younger buyers think differently than many of us. We learned in a negotiate world, they learned in a "buy it now" world and expect near instant gratification. The hard part is both styles of buyers are in the same market...

MM
 
Re: 2003 320 Sundancer $88,500.00

The days of free rides are over...that's your reality check. As soon as we owners hold fast and stop giving away our boats, the better off we will ALL be.


That's a well thought out argument Woody!

Scott, it's all been said before, but my post ':smt015' should be taken literally also. The reality is that I fell asleep at the keyboard(woke up with a beard full of drool) while pondering the logic behind your statement that a properly priced boat in todays market is somehow akin to giving a free ride. :smt043
 
I found with my parents Amberjack. Younger folks tend to not throw out offers.
 
What's the formula when selling? 10% negotiations and 7%-10% for the broker? That's how mine sold in less than a day. Did I give it away? I don't think so all the other 36Db's are still on the market some from last year,
If you want it gone it has to be an aggressively priced boat at the right time.
Sometimes you need to let it go for a little less than you had hoped for. In my case, the guy loved it and she was in great shape with major upgrades that stood out from the other boats. It's a game we all hate to play no matter what side your on. I played both sides recently and disliked both transactions Good luck again
 
I really appreciate all the comments and advice about pricing. If I found a boat that was priced way below value (and I have backed away from a few) it would raise a lot of red flags as to why? If someone couldn't afford it I'm sure they couldn't afford to maintain it either. As long as I still love this boat and don't have to sell, I'm still in the driver's seat.
I will repost the link below
http://muskegon.craigslist.org/boa/4838687256.html
 
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Low priced boats don't really raise a red flag for me, it attracts my attention as a buyer. Once you actually look at the boat, talk to the seller, you should have a pretty good idea if it is a boat to seriously consider. Here in W. Michigan, you can almost forget about much interest until after the 1st of the year. It gets better after the GR show in Februrary.
 
Low priced boats don't really raise a red flag for me, it attracts my attention as a buyer. Once you actually look at the boat, talk to the seller, you should have a pretty good idea if it is a boat to seriously consider. Here in W. Michigan, you can almost forget about much interest until after the 1st of the year. It gets better after the GR show in Februrary.

I agree with KnotEasy. Low price is not a huge red flag to me. I like to think I can find a diamond in the rough knowing that low price can also be a seller that became desperate for some reason, and maybe still took good care of the boat. This is probably just my "glass half full outlook". The other end of the spectrum is the stubborn seller with an inflated assessment that is so worried about getting screwed that he sits on his boat for 2-3 years and eventually get's desperate. This is one of those subjective things, where there is no right or wrong answer.
 
Jeff, a guy just posted looking to trade from a 40 DB to an express in the 30s. Might be a marriage for you.

Scott


Sent from my iPhone using Tapatalk
 
Thanks for thinking of me Scott, looks like I'd have to get in line. :thumbsup:
 
I would not mind paying a higher price for a well maintained boat with great mechanical and service history. Since Jeff has been on the board here we can see the value in his boat. Maybe not so much in someone elses boat. Our economic trends are slow and luxury items are even slower. I would keep the thing before I would give it away though.
 
My 2 cents on pricing is, that is what gets a buyers attention. High pricing doesn't even get looked at.
Next is how clean and maintained is the boat. My pet peeve is an owner that lists the boat as "exceptional", my favorite, "like new"...ect. then when you go see the boat, there is crap laying everywhere. If they can't pick up "stuff" no way are they doing the maintenance.
Then when you open the engine hatch and there is water and oil and crap in the bilge, no way! Next......
(Heck my 36 year old Chris Craft has a dry bilge).

Your price seems average. Not sure why but 04 and older boats are priced considerably less than the 05 and newer boats. Not sure why, just something I noticed. Something is different.
 
I went to boattrader and looked at 03 to 07 320's. Asking ranges from 69k to 179k....wow, what a range for the same boat.
I will revise my statement that your price is average to, you are priced at the lower end.
If your boat is clean, and not getting attention, price is not your problem. My guess is people are still scared to buy boats and get trapped in them.

I have a 240da that would not sell anywhere near what it's value should be. (My opinion) so I keep it. I bought a second boat (Chris) and have sunk enough money into it that I could have covered how much I'm upside down in the 240. But I'd rather have two boats, than to give the 240 away.
 
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