Selling my boat -am I crazy? - SailNet Community

   Search Sailnet:

 forums  store  


Quick Menu
Forums           
Articles          
Galleries        
Boat Reviews  
Classifieds     
Search SailNet 
Boat Search (new)

Shop the
SailNet Store
Anchor Locker
Boatbuilding & Repair
Charts
Clothing
Electrical
Electronics
Engine
Hatches and Portlights
Interior And Galley
Maintenance
Marine Electronics
Navigation
Other Items
Plumbing and Pumps
Rigging
Safety
Sailing Hardware
Trailer & Watersports
Clearance Items

Advertise Here






Go Back   SailNet Community > On Board > Boat Review and Purchase Forum
 Not a Member? 


Reply
 
LinkBack Thread Tools
  #1  
Old 06-26-2012
MaryRoseErie's Avatar
Member
 
Join Date: Apr 2011
Posts: 35
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
MaryRoseErie is on a distinguished road
Selling my boat -am I crazy?

1976 O'Day 25', at in demand marina in Buffalo (very cheap fees, great view, 70 person waiting list)

Bought boat for $2500, no marina fees included a few years back.
Put boat for sale this year, $4500 summer marina fees included (summer is $1000).
No offers. Relisted at $3500. Guy made offer of that, shook on it, he backed out two days later. Should have gotten deposit.
In the meantime, two of my friends that I share the boat with and the fees, they dropped out -had to refund fees because they were under understanding boat was sold.
Guy offered $2500. Considering it includes summer fees, I feel like this is crazy lowball offer. I'm going to take it if no other offers by then. Am I nuts? or take the money and run?
Reply With Quote Quick reply to this message Share with Facebook
  #2  
Old 06-26-2012
MaryRoseErie's Avatar
Member
 
Join Date: Apr 2011
Posts: 35
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
MaryRoseErie is on a distinguished road
Re: Selling my boat -am I crazy?

Can't sell the slip, already checked.
Reply With Quote Quick reply to this message Share with Facebook
  #3  
Old 06-26-2012
Member
 
Join Date: Nov 2011
Location: Newport RI
Posts: 36
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
newportermike is on a distinguished road
Re: Selling my boat -am I crazy?

So it comes without the slip? If the boat is in reasonably good condition, I think you should hold out for more $. I spent all winter traveling and looking at boats, prices vary by SEASON, if you could hold on to next spring and pretty it up, I bet you will get the $4500.
Reply With Quote Quick reply to this message Share with Facebook
  #4  
Old 06-29-2012
PattyBailey's Avatar
Junior Member
 
Join Date: Jun 2012
Location: 209 N 22nd St, Colorado Springs, CO 80904
Posts: 1
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
PattyBailey is on a distinguished road
Re: Selling my boat -am I crazy?

Did your boat sold? To sell your boat you should write a clear and informative title and description, ensuring top listings on Google and other search engines, generating thousands of visitors to your ad. For more information visit here:- http://atlanticmarinedepot.com
__________________

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Reply With Quote Quick reply to this message Share with Facebook
  #5  
Old 06-29-2012
Senior Member
 
Join Date: Feb 2010
Location: Narragansett Bay
Posts: 9,502
Thanks: 10
Thanked 159 Times in 145 Posts
Rep Power: 6
Minnewaska will become famous soon enough Minnewaska will become famous soon enough
Re: Selling my boat -am I crazy?

The tough thing about boats in this price range, is an unexpected repair could substantially exceed the discount you are contemplating. In fact, in the extreme, it could exceed the value of the boat.

The more important question about selling is whether you plan to buy another. If yes, don't become a fleet owner. Sell first. If no, that's unacceptable and you should not sell.
__________________

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

Jeanneau 54DS

In the harsh marine environment, something is always in need of repair. Margaritas fix everything.
Reply With Quote Quick reply to this message Share with Facebook
  #6  
Old 06-29-2012
1973 Viking 33
 
Join Date: Mar 2010
Location: Rehoboth Ma
Posts: 105
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 5
SloopDogg is on a distinguished road
Re: Selling my boat -am I crazy?

I just sold a 1977 O'day 22. It took well over a year to sell, maybe even closer to 2 years. I started at $5500 for a while got a few calls and one guy came to look. then nothing for a while. Lowered to $4900 got some sporadic interests but no offers and then it happened. I got a very nice lady, seriously wanting a boat she could feel comfortable about. Mine has 4 year old sails, 4 year old motor, 4 year old standing rigging, new side birth cushions....blah blah blah. In short, she looked at it and a bunch of others, liked it best, we came to an agreement of $4300 and she didn't want the trailer.

I guess what I learned is that if you wait for the right buyer for your boat you should get close to what it is worth. Of course, mine was on a trailer in my yard so, no fees were piling up and I could afford to wait. In the end we were both happy. I got about 50% what I invested in the boat (not including any of my labor) and she got the advantage of all that new stuff and worry free sailing.

I guess the difference here is that the longer you keep it the more it costs. If your intent is to stop the outlay of funds to own this boat, you may have to see it as a bird in the hand...However, it is the season and it is paid for the season. If your boat is in good shape, someone should come along that will appreciate that. The latter is a gamble though...

Regards,
Danny

Last edited by SloopDogg; 06-29-2012 at 09:28 AM.
Reply With Quote Quick reply to this message Share with Facebook
Reply

Quick Reply
Message:
Options

By choosing to post the reply above you agree to the rules you agreed to when joining Sailnet.
Click Here to view those rules.

Register Now

In order to be able to post messages on the SailNet Community forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.
Please note: After entering 3 characters a list of Usernames already in use will appear and the list will disappear once a valid Username is entered.
User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.
Password:
Confirm Password:
Email Address
Please enter a valid email address for yourself.
Email Address:

Log-in

Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools

 
Posting Rules
You may post new threads
You may post replies
You may post attachments
You may edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Selling my boat -am I crazy? MaryRoseErie General Discussion (sailing related) 14 06-26-2012 11:33 PM
Thinking about buying my first boat. Am I crazy? Pointy_End Learning to Sail 30 01-09-2012 03:04 PM
Wood Boat - Am I Crazy? jbondy Gear & Maintenance 40 08-06-2010 02:51 PM
Pearson 10M . am I crazy? This is not a fat keel boat Jasper Windvane Boat Review and Purchase Forum 8 03-31-2010 03:33 PM
Who here is crazy enought to own a wooden boat SchoonerMISTRESS General Discussion (sailing related) 38 08-11-2007 11:33 AM


All times are GMT -4. The time now is 07:17 AM.

Add to My Yahoo!         
Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
SEO by vBSEO 3.6.1
(c) Marine.com LLC 2000-2012

The SailNet.com store is owned and operated by a company independent of the SailNet.com forum. You are now leaving the SailNet forum. Click OK to continue or Cancel to return to the SailNet forum.