what's this 240 Sundancer really worth?

pokeydot

New Member
Aug 26, 2009
2
Newbie here. I just found this forum and want some advice. I haven't owned a boat for 20 years. I'm ready to pull the trigger on a used 2001 Sundancer 240. The family likes this boat more than anything we have seen.

It’s a dealer sale with a 1 year parts and labor warranty. He has it listed for $30,000, and I don’t think it’s worth that at the end of the summer. We only have 4 weeks of boating time in the north country.

Specs

Engine - 5.7 - 260 hp Bravo 2
175 hours on the engine
Mooring cover, bimini and camper excellent condition
Shore power
Refrigerator
Stove
Gray and Black water system
Freshwater boat with no bottom paint
No trailer

The boat is very clean. Some very minor surface scratches and some of the decals are torn, but the imperfections aren't visible at 25 feet. Good enough for me.

One vinyl seat tear that the dealer is offering to repair included in price.

The dealer is a boats-only dealer with no snowmobiles or 4 wheelers to sell in the winter. I thought I could get a good deal because it's the end of the season, rotten economy, etc.. He has it listed at the high end of the Blue Book values. I figured he had something built-in in case someone wanted to trade.

The dealer showed me ABOS that says it’s worth between $21,600 and $25,500 with a retail value of $31,600. NADA shows $19,500 to $22,100.

How do they figure this pricing and why is there such a discrepancy?

I know I can start at a low price and all he can say is NO. We can dicker and negotiate, but that’s not me. I just want to offer a price that’s fair to both. I have to see this guy every time I put the boat in the water (he has a dry stack) and I want this to be a friendly transaction, but I want the best price I can get.

How would you figure the value of the boat to make an offer?
 
I just bought my 2007 240 Sundancer with 60 hours for $38K. It has a generator, AC/heat, full camper enclosure with a 5.0 L and Bravo III outdrive. It is in perfect condition in side and out. It also included a full warrenty inside and out until 2013. I'm not saying I got the deal of the century, but I will say that perhaps this boat has some wiggle room in the price. I also had to drive 8 hours to view the boat and do a sea trial. It just depends on the boat/ location, and motivation of the seller.
 
I just bought my 2007 240 Sundancer with 60 hours for $38K. It has a generator, AC/heat, full camper enclosure with a 5.0 L and Bravo III outdrive. It is in perfect condition in side and out. It also included a full warrenty inside and out until 2013. I'm not saying I got the deal of the century, but I will say that perhaps this boat has some wiggle room in the price. I also had to drive 8 hours to view the boat and do a sea trial. It just depends on the boat/ location, and motivation of the seller.

That sounds to me like a STEAL.
 
Nice price on the 07. I would have jumped on that, too.

I am looking at a similar 2001 240. Wonder if it's the same boat?

Pokeydot, I don't want to step on your deal, but I am interested in what the other forum members think about what is a good price for this boat.
 
I thought I got a good deal but Georgie got a better. I just got a 2007 240 Dancer w/105 hrs. 260 hp, Bravo 3, no heat/ac, no generator, no trailer, camper canvas, boat was spotless and in my home town. Paid 39k. Fresh water only. I think there is some wiggle room in that asking price.
 
I sold my 2002 260 Sundancer which was in perfect condition no trailer, a/c or generator for $31,500.00. I think the right price is $ 24,500.00. My 02 cents.
 
Ski, don't steal my boat! I'm in MN, where are you?

Bill Z, I like your price estimate. That's about 20% off the asking price. Would that be a good rule of thumb for a clean used boat with no trade?

I have looked at the advertised boats on BoatTrader and boats.com but those are asking prices. I want to know what they are actually selling for. And a lot of those are saltwater boats, which I was told diminishes the value of the boat.

I would like someone to explain the NADA pricing vs ABOS, too. What does the bank look at when it evaluates the loan?
 
I agree with Bill Z's price...for what it's worth. $30k in this market is high.

There was another thread about the NADA values. Basically, they have taken a nose dive because the boat market is in the tank. If it were me...I would offer $22k and not pay a dime over $25k.

You might like this particular boat but don't get your heart set on it. It's not the best and only deal out there. There are a lot of 240 DA's out there and you will find as good, or better, deal over the winter.

I'm in your area so feel free to PM me and I can give you some of my thoughts from a local perspective.

.
 
Keep looking on the internet. Keep in mind you can always pay a trucking company to bring the boat to you. Let a few of us stated earlier, I think there is some wiggle room. $22-24K sounds about right. Most important, don't be afraid to walk. You can always come back if needed. With the season nearing the end, more boats will become available.
 
Hey Pokeydot, I'm not looking at your boat.

I'm in NY.

Let me know what you pay for it.
 
just pulled up a few listings and I think the right range in the ask for that boat should be 30k. that is the right price for low hours and all the bells and whistle. Prices will vary in different regions of this great country, but think you could pick on up for 26-27k.
just my opinion
 

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