Originally Posted by agarcia
This first time sailboat buying experience has my head spinning. It seems easier to buy my last two houses then figuring out the right offer. Percentage wise I'm assuming 20 to 25% off the asking price is reasonable for a 1980s Great Lakes sailboat in average condition. Now I haven't a clue. I'm just trying to land a good boat somewhere between 18 and 20k and feel like I bring on more good than bad.
As Minnewaska says, don't assume all boats are over-priced. Do your homework, research the boat, view it (many times if needed), and then offer what you think
One thing to realize is that Great Lakes boats, as a general rule,
are likely in better shape than the equivalent salty. This is a broad generalization that can easily be over-ridden by other factors (such as good maintenance, for example). However, Great Lakes boats tend to age slower b/c they live in fresh water, and are probably only used a few months out of the year.