Sooo, what's my boat worth?

S

Still LauCo

New Member
Sep 20, 2007
408
Grosse Pointe Farms, MI
Boat Info
300 Sundancer 1996
Engines
Twin 5.7L EFI Alpha One Drives
Hi all,

Selling my boat as I have a great deal on an incoming (bigger) Sea Ray... I have combed through comps' etc, but want some perspective, so fire away!

Here is what I have:

1996 300 Sundancer
5.7L EFI's (2) (600 hours)
Alpha One drives, gen II with Stainless props
Generator
Air/Heat
Raymarine Radar (Monochrome)
Garmin 492 GPS (Color)
All new canvas and strataglass (2008)
New swimplatforms.com extended platform (2008)
Major tune ups on engines, genny (2008)
New Gimbals, bearings, bushings, bellows (2008)
New cockpit carpet (2009)
Windlass
New bottom paint job(2009)
15 inch LCD TV on swivel mount, DVD
12 speaker twin amp stereo, helm remote, 12 disc changer

This boat has been well cared for and shows very well. Maintentance has been done professionally. It's been a fresh water boat since titled. Could use new cabin carpet, but that's about it.

So those of you who have been shopping, or anyone "in the know" i would appreciate your insight. Thanks!
 
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Sell it fast price $35k - if the deal is really good on the new boat and you want to unload it.
 
It's only worth what someone is willing to pay for it, and how low you are willing to sell it for. None of the numbers mentioned are for sure today.
 
WOW. . .maybe I *should* be boat shopping. gotta move onto next thread quick. . .
 
I think that if the boat is really clean and well maintained you should ask around 32, and take the first real offer north of 28.
You can ask for more or hold out for a better offer, but that might mean sitting on the boat a long time in a really bad market. Factor in the cost. if any, to continue storing and maintaining it and you are probably better off making it a more attractive deal for a potential buyer.
You might get a few dollars less, but once the transaction is done and you are involved with your new boat you will forget all about the extra few bucks you could have held out for.
You said in your original post that you had a really great deal on a bigger Sea Ray. Keep in mind that sometimes you have to give a deal to get a deal. In orher words: Take less than you'd like to get on your current boat so you can grab the deal on the next one. It all evens out in the end.
 
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What jmv said was spot on.... I sold my boat within a matter of a few months because I priced it to sell. I want a larger boat and knew I was going to get it for a good price, so the choice was...be where everyone else was price-wise or be "the deal". My boat was on a lot with 30 other used boats and sold quick because it was a deal. It also was very clean (cleanest by far on the lot.. engine room being the key) and very well maintained with a list of all new items on board for all to see...decide if you want that bigger boat now because this opportunity won't last forever. I'm thinking DETAIL the eng. room and ask around 40-42k...Ric
 
Your boat is worth what a willing buyer will pay for it. I realize that is an obvious simplification, but your problem isn't what the boat is worth as much as it is going to be to find a willing and qualified buyer...........qualified means either has cash in his grubby paw or can get both himself and a 13 year old gas boat qualified by a lender.

Good luck with it...............
 
NADA lists low retail at around $36K. Boats normally sell for a little less than NADA low retail (unless you are MM).

Used boat market is tough for boats our size....

Good Luck!!!
 
Wow. The way this thread is going, Still LauCo will be paying somebody to take his boat off his hands by Monday.
 
We sold our previous boat this summer and bought the 400DA. We brought a couple of brokers down to look and give us an honest opinion of what they would list it for and what it would sell for. We looked at the likely sell price and then the net after commission and decided to split the difference and list it privatly. The boat was super clean (show quality according to both brokers) and went in 2 weeks at virtually our asking price. Combination of priced fairly and clean. For sure with our buyer the wife was sold on the clean and decor. We figured we could have listed and held out for a bit more but we were both selling and buying in a soft market so all is likely equal in the end. We also figured the great buys will not last forever as we climb out of this economic mess.

Good luck.
 
katricol said:
What jmv said was spot on.... I sold my boat within a matter of a few months because I priced it to sell. I want a larger boat and knew I was going to get it for a good price, so the choice was...be where everyone else was price-wise or be "the deal". My boat was on a lot with 30 other used boats and sold quick because it was a deal. It also was very clean (cleanest by far on the lot.. engine room being the key) and very well maintained with a list of all new items on board for all to see...decide if you want that bigger boat now because this opportunity won't last forever. I'm thinking DETAIL the eng. room and ask around 40-42k...Ric
Click to expand...


The advise above is your best advise... Go on the internet, like www. boats.com and search for your boat... Price low, sell fast, and in the end you will save money...
 
gg51p said:
Go to boattrader.com and get a n average, then nada.com.
Click to expand...

When I sold my boat this year, I thought the pricing on boattrader.com was not realistic (most people are over-pricing their boat). When I posted on boattrader.com, I made sure that I easily was the best deal for the year, make and model of my boat.

It took me about seven months to sell my boat. I had my boat on the market for about six months, and then I got a great deal on my current boat. So, for a brief period of time, I was a two boat owner.

Once I got serious about selling it (i.e. reducing the price closer to what the market will bear...the phone started to ring a lot more often).

My advice to you is to price it where you think it is worth, and then keep reducing the price until the phone starts to ring (the frequency and amount of the price deductions depend on how quickly you want to sell it). Believe me, you will know when you have it priced right - the phone will ring!!!!!:thumbsup:

I found that E-Bay was a great place to list it and measure interest (post it with a buy it now price, and offer the ability to accept offers - don't be surprised when someone offers you $1000 for your boat, just reject it and move on....). On E-Bay, you can list a boat for free up to three times in a year.

I found boattrader.com to be a good place to sell it (in terms of hits), but the site is pricey, and has very poor security (someone stole my ad several times....that was fun!). If you post it at usedboats.com, you pay only ONE fee until you sell it, and the site allows for much better pictures and decriptions. So, it is a better site, but not as much traffic (that will probably change over time).

Based upon what I paid for my boat, and sold my boat for, I would think that your price will be in the 30's. But you have to decide what you are comfortable with, and how quickly you want to sell.

Again, GOOD LUCK! It's a great time to get a great deal on a boat!
 
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