Join Date: Sep 2009
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Re: "Buyer's Market" - any data to back it up?
"Getting what you pay for" is not always the rule. We paid a fair price for our Endeavour 32 because it was in great shape, and even after living aboard for 2 years have only needed to spend 10% on upgrades & maintenance. Working at a boat yard in Annapolis I saw boats that seemed in the same shape selling for twice the price or if they were around the price we paid needed lots of work. The last boat I worked on was an older Morgan 38 that sold for $25k and before the boat was sea worthy the owner spent atleast another $15k + . An Endeavour 33 that was for sale there was listed for twice what we paid and still didn't seem to be in as good shape. I think you might find much better deals from private sellers then a broker if your looking for a buyers market.