Here's a new one for you.....

[Faster]

A friend of mine is shopping for a boat again, and with the $CDN doing its magic these days those deals in the US are looking better than ever.

But he came to me today with something I'd never heard before....

The boat is a Catalina 36 in CA quite undervalued... pics look good but the listing is accompanied by a bold faced "AS IS" disclaimer.

So... lowball asking price, big "AS IS"... alarm bells ringing of course, but WTH give it a try and see what's what. He faxes an offer to the broker, and hears back that the seller will not entertain any offers that are subject to survey (alarms turn to sirens!)

So he's looking elsewhere - the only info he got wrt this boat is that the mast step had failed... but who knows what else may lurk there.

But I've never heard of a seller refusing to have a boat surveyed... talk about market suicide!!

[AjariBonten]

It's ok, there's one born every minute.............

[bestfriend]

I can fix that, my Dad's got a killer set of tools.

[Cruisingdad]

It's a Catalina... it does not need a survey!!!

HAHA!

- CD

[Giulietta]

Why does your friend need the mast..it's a Catalina after all....

According to what I see from their 400 editor...they don't even sail....

[Gramp34]

Originally Posted by Faster

The boat is a Catalina 36 in CA quite undervalued... pics look good but the listing is accompanied by a bold faced "AS IS" disclaimer.

I'm assuming you mean the 1984 Catalina 36 listed at $35,000.

The BUC book (you can sign up for a free consumer account at http://www.bucvalu.com) gives Retail Price Range:* $31,300-$34,700 for this boat.

NADA guides (http://www.nadaguides.com) gives Low retail of $33,500 and average retail of $37,800.

Just because a broker says the boat is "quite undervalued" doesn't make it so.

As you get into older boats you might find better deals with private sellers.

Good luck,

Tim

[sailingdog]

If it says AS IS... running away is a good idea.

[tommyt]

Alex,

Youn can't get a point in one thread and give it back in another. Is your name really Hillary?

[Giulietta]

Tom...please don't confuse my joking with CD witth not liking Catalinas

I do like them...seriously, and don't think they are bad at all. Excellent for what they are inetnded..seriously

[k1vsk]

Sorry to state the obvious but DID YOU ASK WHY IT'S BEING SOLD AS-IS?

Lots of peole are assuming they know the answer and may be correct but why assume? You might get simple BS in response but you just might get a legitimate answer.