For Sale, Boating

bigblockcutlass

bigblockcutlass

Member
May 9, 2010
832
Michigan
Boat Info
1998 Carver 370 Voyager
1990 270 sea ray sundancer twin 4.3L
1987 Power Play 230 Conquest
1987 Fo
Engines
454
Here's everybody's life story about boating. I go to buy a boat, its a hot item, go to sell it a few years later nobody wants it. The only Bite I get is broker trying to make a living sell people's boats.
 
BBC, I feel your pain. My boat has been for sale for over a year and a half and I can't seem to give the B!tch away!!!
 
Just my 0.02 but I think if it hasn't sold by know, it's over priced or has issues. Being a new owner and looking for boats for the last 5 months, I seen a lot of junk and too any over priced boats. Some were priced higher than nada and had visible issues. The only pride of ownership I saw was owners touting how many tens of thousands they paid 10+ years ago with no concept of depreciation. Not saying your that way but if you got no bites you need to rethink your position.
 
The way I see it is that most are first or second owners boats who paid initially a lot of money and now they don't want to lose anything and are trying to recover as much as they can asking high price.
The trick is to find a good boat that had several owners with everyone losing some money on it.
 
Not to throw salt in ur wound but our boat sold after the 4th person looked at it. The buyer didn't even want a survey. Kinda caught me off guard. After da sea trial we negotiated for all of ten minutes and he wrote me a check. We had ours on Craigslist. GlWS
 
They are selling pretty well out here. Our economy is doing very well currently...
 
We sold a little boat on craiglist last year... Priced it right and it sold for full price without a survey... If you price it right it will sell. Unfortunately, that right price might be much lower than you want...
 
Its hard to decide to lower an asking price as we all think w ehave the best boat on the market,however there are literally thousands of "sundancers" in every region you need to price it where it draws attention but not look like theres something wrong with it.
We did sell the 36Db in 24 hours which is not a popular model anyehere, we realized we will loose money (we all will) its a matter of how much?
Im not saying yours is overpriced but a year on the market raises a flag when i see that in the listing i skip over that boat.
Of course we all wish you good luck.


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I will just put a free sign on it and see how much intereste I get then. Lol good thing I don't need to sell it. Just have it all fixed up and ready for something different.
 
when we bought our 340 the PO still owed several thousand $$ on the loan so he had to pay that off before we bought it....originally his asking price was high enough to pay off the loan but that placed the price too high for the boat based on NADA guides and the loan values that banks were using for financing....once he realized that he lowered his expectations on the true value of the boat and I bought it.... i bought the boat well....i got it for a price on the lower end of the range similar boats were selling for....the PO was just ready to move on so the timing was right....

so I guess what i am suggesting is that boats need to be priced based on the recognized value from sources such as NADA and the loan values that banks use....it really does not matter what we 'THINK" our boats are worth, it only matters what someone is willing to pay for it....

good luck...

cliff
 
Kreole Kid said:
BBC, I feel your pain. My boat has been for sale for over a year and a half and I can't seem to give the B!tch away!!!
Click to expand...

Hey Kreole, I'll take it off your hands since you're giving it away! :thumbsup:
 
IMO there are two things that will make a boat sell, or not sell. Those are price and condition. If your boat is in good condition and you have kept up the maintenance and have records to show that, then you likely are pricing it too high.
 
My 52' KhaShing has been for sale for 6 months. It's in really great shape for a 31 year-old boat and it's a lot of boat and well equipped. GFC is right, its all about price and condition but in my case there is another factor....financing. Because of the age of the boat most of the lenders are looking for 30% down. Most people looking at a 30 year-old boat are unable, or unwilling, to come up with $40k. Here's a link to the listing:
http://www.yachtworld.com/boats/198...MARINA,-ISLETON/CA/United-States#.Vbp24DBRHIU
 
I can say from first hand experience the biggest problem in BUYING a used boat for me is that it's not "drop in ready" so to speak.

Ive traveled to several states thinking I would buy this boat if it checked out. I've flown at considerable expense for airfare, rental car, and sometimes hotels to see a boat that was purely misrepresented or the seller didn't take the time to prep the boat for a showing.

Admittedly i I have altered what I wanted or evolved a bit after seeing so much junk. In order to find the condition of a used boat I require I've had to consider newer model yet smaller to stay within my cash only budget.

Tomorrow ow I leave on a 6 hr drive to "buy" a 20ft Laguna. The pics tell one story. The dealer says it's a "7". I don't know what that means. My 7 is definitely different than your 7.

Be be that as it may I'm going w a positive attitude willing to spend 10-12 hours total drive time to and fro, without really knowing the condition of the boat e crept for what I'm told.

As a result I have learned how to best sell any boat.
Make sure it is pristine cosmetically.
Perform all the repairs and maintenance needed w documentation.
Hire a professional photographer.
Include action shots in pictorials.
Include action ( in water ) video that gives buyers the experience of owning my boat.
Sell it "by owner"
Be willing to be flexible and negotiate purchase price.
Buy my boat in cash so I can list it at just below market price.

Where sellers fail is first in how they originally purchased their boat which now restricts their flexibility and forces a unrealistic pricing strategy.

And secondly manu sellers are plain lazy in how they present their boat for sale to the market.

I I hope a seller finds this of value.
 
For a second I read that as 52 ft and then looked at the pic. Really threw me off for a sec.
 
duplicate
 
Selling my parents 290 Amberjack in the midwest was incredibly hard. Missouri is a Sundancer market. It is not a desirable boat in this area. So you had to have a really interested buyer that would travel. While they sold it very cheap in my mind they were happy to have it sold a year and half later. Boat surveyed perfect and was in great shape. It was priced at the lower end of the market and was a freshwater boat. I see my dock neighbors 37' Cruisers sit and has been on the market for a year as well. Boat is perfect and very clean. Our market is slow for boats in the midwest.
 
estoltz said:
For a second I read that as 52 ft and then looked at the pic. Really threw me off for a sec.
Click to expand...

It is a 52 foot KhaShing... the picture (in his signature) is his 23 foot, 1985 Cobalt.
 
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