troubling news.. - SailNet Community
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post #1 of 31 Old 02-24-2013 Thread Starter
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troubling news..

A guy down past my YC has an Oday 30 like mine. Sigh.. but has a yanmar in it.. he has it on Craig's list for $7,000 Oh, My, Gawd, what's that say about Oday 30s and if and when I were to sell mine!

Denise, Bristol PA, Oday 30. On Tidal Delaware River, Anchor Yacht Club.
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My last project!
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My boat is sold!
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post #2 of 31 Old 02-24-2013
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Re: troubling news..

Helluva deal! Ya oughta buy it just for spare parts!

S/V Chrysalis
'80 Watkins 27
North East, MD
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post #3 of 31 Old 02-24-2013
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Re: troubling news..

Do you know the boat? Put it and yours side-by-side and???? As you know there are a lot of variables, and it could be simply a desperate seller (or a pi**ed off Ex )

Ron

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post #4 of 31 Old 02-24-2013
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Unhappy Re: troubling news..

I feel your pain, I have the same problem with my house value. My wife says it's only worth what someone will pay.
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post #5 of 31 Old 02-24-2013
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Re: troubling news..

There are a lot of Cal 28's Out there and then there is mine ! Really I am surprized!..Dale

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post #6 of 31 Old 02-24-2013
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Re: troubling news..

The market on the West Coast seems to be picking up a little - the insane deals that were routine 3 or 4 years ago aren't happening anymore. I've also noticed that the B.C. market seems to be lower that in the western states which was not the case a while back - L.A. & S.F. were WAY cheaper than here but now it seems to have leveled off or even reversed.

Just like stocks, don't sell on a down market and you won't lose a dime.

I, myself, personally intend to continue being outspoken and opinionated, intolerant of all fanatics, fools and ignoramuses, deeply suspicious of all those who have "found the answer" and on my bad days, downright rude.
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post #7 of 31 Old 02-24-2013
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Re: troubling news..

As a surveyor I am not sure boat prices have bottomed out yet. Sorry to say there are still more sellers giving away boats than there are buyers. The problem is the rising costs of keeping a boat not the boats themselves. It is a shame but that is the way it is. Hopefully things will get better.

Capt. Wayne Canning, AMS
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post #8 of 31 Old 02-24-2013
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Re: troubling news..

I would venture a guess that my 1985 31ft Oday should get around 20 to 25grand today.
It has a small 14 horse diesel but the boat has everything from anchor windless, radar, dinghy davits and other stuff. Of course I do not intend to sell and Oday's are good boats.

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post #9 of 31 Old 02-24-2013
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Re: troubling news..

Here's the problem- old boats aren't dying, and the market of sailors isn't growing, so old boat prices are flatlining, even if the economy is ostensibly improving. if you do not have to sell, don't.
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post #10 of 31 Old 02-24-2013
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Re: troubling news..

Denise,
It says his boat's a dog or he's a desperate seller.

I just did a search on YachtWorld for O'Day 30's and it looks like the sweet spot for those boats is $18K - $25K with boats falling on either side of the bell curve based on those two factors (and age).

The outliers are a Sandy damaged boat for $2,400 and an immaculate Canadian boat for $41K. It looks like the later model 302's are fetching more than the older 30's. With any older boat a LOT depends on condition - but then you already knew that

Jim

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The sail, the play of its pulse so like our own lives: so thin and yet so full of life, so noiseless when it labors hardest, so noisy and impatient when least effective." - Henry David Thoreau
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