SailNet Community - View Single Post - Best time to buy
View Single Post
  #3  
Old 10-02-2002
mikehoyt's Avatar
mikehoyt mikehoyt is offline
Senior Member
 
Join Date: Nov 2000
Posts: 684
Thanks: 0
Thanked 1 Time in 1 Post
Rep Power: 15
mikehoyt is on a distinguished road
Best time to buy

Dizzy,

It''s a great time to look because this time of year there are more listings than just about any other time of year (Spring also good for that).

Be very aware that an awful lot of boat owners list their boats in Fall and are just testing the market. Many boats will be listed high for that reason ... if the owner gets good money he sells ... if not he gets to sail another year.

There are also a lot of legitimate sellers out there who would like very much to sell their boat before another year of payments, expenses, etc... Find out how long a boat has been listed and you will have an idea how eager the owner is to sell. Be ready with financing for when you find the right one.

Find the boat you want and make an offer. Don''t be afraid to low ball. Find an owner who seriously wants to sell ... your broker should let you know that...

Most of all remember that there are many of each model available on the used market. Don''t get stuck on a particular boat unless it is exceptional.

Good luck

Mike
Reply With Quote Share with Facebook