SailNet Community - View Single Post - Market value vs replacment cost
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Old 12-02-2006
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PBzeer PBzeer is offline
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There could be a few different reasons for the difference in asking price and market value. Some folks feel they should get back some of what they have put into a boat. Others may have the boat up for sale, but aren't really comitted to selling it yet. So they price it high, thinking if it does sell, at least they'll get top dollar for it. Or perhaps they need X amount out of it for something else. These are just some possible reasons, and may not be the case in this instance.

You don't say if you commisioned the survey, or if it's merely a copy of a previous one, though it sounds like a copy. To seriously negotiate, you need your own survey. One where you have been present and have gone over the results with the surveyor. Using a copy, even from another prospective buyer, just isn't the same. And if it's a copy from the seller, the survey may have only been for insurance purposes and not as thorough as it could be.

Regards,
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John
Ontario 32 - Aria

Free, is the heart, that lives not, in fear.
Full, is the spirit, that thinks not, of falling.
True, is the soul, that hesitates not, to give.
Alive, is the one, that believes, in love.
JCP


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