Boat is up far sale -- looking for advice

[Zach312]

Thanks, admiral and I are pretty much set to move on to the next boat so it look like we will be pricing this a bit more in line with others.

Zworthy, I to am young for this size of boat and agree its a great feeling to walk into brokers office and know all the details of what you want

 

[RollerCoastr]

Locally Marine Max doesn't have anything the own we would be interested in.

The "trade" component of the boating market is lagging severely. Ten years ago, our local dealers held dozens and dozens of large used boats in inventory. At the bottom of the market, they'd have none, or maybe a smaller Whaler or jet-boat. I've seen a change in their willingness/ability to take a trade, but it's not keeping pace. It makes me wonder if trades will ever come back to the pre-recession levels.

 

[Billfletcher]

The "trade" component of the boating market is lagging severely. Ten years ago, our local dealers held dozens and dozens of large used boats in inventory. At the bottom of the market, they'd have none, or maybe a smaller Whaler or jet-boat. I've seen a change in their willingness/ability to take a trade, but it's not keeping pace. It makes me wonder if trades will ever come back to the pre-recession levels.

Same deal here on west coast. Brokers don't want to sit on used boats, so in most cases it is best to sell it yourself. on a side note, things are moving faster here, and marinas are now mostly full.

 

[fwebster]

I spend some time with several people who are upgrading every year. In the pre-internet buying days you might have been right, i.e." you can always lower your price, but once its offered for sale you cannot raise it." However, in today's market place, everyone is shopping online thru major listing services like iboats, yachtworld or boat trader. The last boat people consider are the most expensive ones since everyone starts looking at the cheapest boats first. I guess it is just human nature. For a reasonably fast sale, you pretty much have to price your boat at the market right out of the box. You find that point by examining sold boat data, then most brokers will advise you to add about 10% because everyone expects to negotiate some.

If you haven't done that, then I would encourage you to do it and re-evaluate your asking price. Marine Max has listed the boat in the slip next to mine…..always under cover, 186 hours, 50 on the generator, 3116 Cat diesels and it is a 2000 380DA, and asking $125K. With that type of competition, you might expect to be on the market a long time before you get her sold.

 

[quality time]

Agreed, I sold my '01 380 with CATS three years ago for $130k. The boat had many upgrades and was in excellent condition like yours. That boat is now for sale again in the same price range.

 

[majoma]

On the west coast, for a quick sale, the asking price of a 2000-2001 Sea Ray 380 with the 8.1s has to be less than $100K to attract potential buyers.

 

[Zach312]

Thanks all, When this was posted we assumed we were high. I have updated pricing on both ads.