Join Date: Oct 2009
Location: Cape Cod
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Re: What Is A Boat Really Worth?
This is a good thread about what boats are worth, how to get a good deal etc. That's all useful stuff..and plenty of good advice.
We started cruising in 1987 and have gone through a succession of 5 different boats. Every one was what we thought was the right boat for us at the time.
But for us, somehow boat purchases are different than a house, a car, or other large purchase. Boats are fun. Boats are not sensible financially. We needed to fall in love with the boat. We needed to like the seller. When selling, we needed to like the buyer or we wouldn't want them to take possession of our boat! Years after selling a boat, I often get calls from the new owner asking a question about something. I like those calls.
Yea, the price needs to be fair, but since we need to like the seller, we aren't working on a win-lose deal. The end result, is we end up with lots of sailing friends.
So for what it's worth, you aren't buying a boat. You're buying a dream. Every aspect can be fun including buying and selling.
So our advice is find a fair deal on a good boat owned by good people who take pride in their boat.