Originally Posted by outthere09
I'm in the process of buying a boat and have no idea of what the ask/bid percentages in todays market for an older boat. Can you give me an idea?
You can PM me as I don't want to whole board to dis me as prob 1/2 here are
either looking or selling. Just between us...promise!
hard to say, especially now.
You need to look hard into what the boat is worth, then determine if the buyer is close to that.
One particular model I was shopping ranged from $140,000 to 260,000 all within a few years of construction.
You might find a gem priced at the top of the range that is a bargain and a beater very low priced that isn't worth half that.
Some sellers aren't really all that eager to sell and are holding out for top dollar, others need to sell now.
Do your homework; determine what the boat is worth; do your own pre-survey to determine if it seems in good condition; then make an offer 20% below what you think it's worth, regardless of what it's listed for.
Of course you will follow up with a very good surveyor to verify you didn't miss anything in your own survey.