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.
Like others have said in many cases the original ASKING PRICE will bear little relationship to the final selling price.
Do your due diligence. If possible get a broker to look at a site called soldboats, this gives the actual prices boats changed hands for.
Find the market value and offer a little less.
My boat was bought for 51% of the original advertised price. The owner was trying to recoup what he had spent.