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Old 01-16-2013
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almost had my first boat. :(

So I worked out a deal to trade a motorcycle for a 1982 Laguna Windrose 26. I thought it was a good deal for both sides and maybe even taking a bit of the worse end of it but I was willing to make the trade. But now the guy is back tracking and wanting a big chunk of money and the bike instead of an even trade. I feel he is vastly over valuing his boat. So that brings me to a few questions for some more knowledgable folks here.
The boat is in fairly good shape, no soft spots at the moment, the lines are good, the stanchions seem pretty good, motor runs well etc. The boat has been neglected some and needs cleaning, up and down and is in dire need of wax on the deck. Maybe even paint underneath. The real problem I see is the deck is leaking, which has caused the glue to come loose on some of the vinyl on the ceiling and there is some rot and mold around some areas. I don't have a problem tearing the ceiling out, finding/fixing the leak(s) and putting in a new ceiling. But to me, this greatly devalues the boat. The guy says the NADA on the boat is around 5200, with the options etc and my bike is worth 2500. I tried to tell him he's comparing apples to oranges, but that's a different topic. So this guy wants 1700 to firm up the deal.
So my questions are how much does something like having deck leaks devalue a boat? Or does something like that make the boat a "low retail" value boat? I discussed it with my wife before we made the deal and came to the agreement the boat wouldn't be worth more than 3500 in it's current condition and the bike should sell between 3500-4000, so we thought even trade was a good idea. Any opinions and information and advice would be greatly appreciated.
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Old 01-16-2013
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Re: almost had my first boat. :(

Details about the boat: Year, model, size, condition, pictures. (link to ad?)

Details about the bike: Same as above.

Not enough info in OP to really give you anything other than "If the deal is good to you go for it, otherwise walk away".....and that doesn't help you at all.
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Old 01-16-2013
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Re: almost had my first boat. :(

Have you looked around at other boats of the same model to compare prices? I don't know anything about Lagunas but there are a few listed on sailboatlistings.com, fairly wide price range:

Laguna sailboats for sale by owner.
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Old 01-16-2013
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Re: almost had my first boat. :(

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Originally Posted by steve77 View Post
Have you looked around at other boats of the same model to compare prices? I don't know anything about Lagunas but there are a few listed on sailboatlistings.com, fairly wide price range:
Yes I have looked a bit at prices of the other boats. But my question is really how much does a leaking deck devalue a boat? Is a leaking deck a feature of a "low retail" type boat? Or does that greatly effect the price of the boat?

JoeDiver,
1982 Laguna Windrose 26', pretty much stock other than a nissan 2cyl outboard. The interior is in pretty good condition except for the deck leaks and the ceiling needing replaced along with some trim wood with rot. Oh, and the guy said no bilge pump from the factory so he just uses a shop-vac to get water out.

Bike, 1985 Goldwing Aspencade, excellent condition. 72k miles, all the bells and whistles of a goldwing, corbin seat with backrest, helmet to helmet intercom, trailer hitch and 4x4 trailer included. Could use new tires (which I offered to throw in the deal).

The ads on craigslist have expired or I would post both of them. Sorry.
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Old 01-16-2013
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did I hear some one say deal?

My advice is to never want something so bad as to not be able to walk away. Keep your bike save up some money, and keep looking. I dont know what you do for a living, or your intentions are once you get the boat (live on it and sail to the end of the world, or are you just sailing on the weekend once and awhile?
I suggest that if you intend to sail to the end of the world....... get a job on boats, you will come across more boats then you'll have worlds to sail off of.
Otherwise save your money and enjoy the bike too
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Old 01-16-2013
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Re: almost had my first boat. :(

Sell the bike, then go boat shopping.

No way that boat is worth NADA, that's for a boat in average condition that has been maintained. That one has not been.

In today's market buyers are in charge, especially buyers with cash.
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Re: did I hear some one say deal?

Quote:
Originally Posted by dagreenberg68 View Post
My advice is to never want something so bad as to not be able to walk away. Keep your bike save up some money, and keep looking. I dont know what you do for a living, or your intentions are once you get the boat (live on it and sail to the end of the world, or are you just sailing on the weekend once and awhile?
I suggest that if you intend to sail to the end of the world....... get a job on boats, you will come across more boats then you'll have worlds to sail off of.
Otherwise save your money and enjoy the bike too
I am not unable to walk away from the deal, in fact I told the guy that I would be happy to keep the bike if he's changing the terms like this. In asking my question, I am #1, trying to learn about how to value a boat some and #2, hopefully learning if my assessment of the situation is reasonable and sound.
With me just getting into sailing and trying to get my first boat, I am not having grandiose ideas of sailing around the world. My main idea and goal is to get a boat that I can learn on, see how much I enjoy it, see what I would want in the future and still hopefully be able to enjoy my first boat. IDK where it will lead. Not too sure how to get a job on a boat around here and without "experience"
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Old 01-16-2013
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Re: almost had my first boat. :(

Generally--and I can only be general here because your details are sketchy--a leaking deck is a big deal. If it has gone on for long, you'll have wet core which is bad even if the deck hasn't delaminated yet. And the water causes all sorts of problem inside, as you've seen. And what is with the "dire need for wax on the deck. Maybe even paint underneath"? Do you have peeling matter on the decks? Was the topsides painted before? Usually decks don't need wax.
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Old 01-16-2013
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Re: almost had my first boat. :(

Keep the bike ! You will need transportation to get to the boat and that bike /trailer sounds perfect! Let him sit on the boat for a while! The price will come down.Most people want turn key ready and that isn't....Dale
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Re: almost had my first boat. :(

Quote:
Originally Posted by arf145 View Post
Generally--and I can only be general here because your details are sketchy--a leaking deck is a big deal. If it has gone on for long, you'll have wet core which is bad even if the deck hasn't delaminated yet. And the water causes all sorts of problem inside, as you've seen. And what is with the "dire need for wax on the deck. Maybe even paint underneath"? Do you have peeling matter on the decks? Was the topsides painted before? Usually decks don't need wax.
Ok, so my thought process on the deck and ceiling thing seems to be on the right track at least. What I mean by wax on the deck is whenever you touch the deck anywhere you get that white powder stuff on you. I thought it was just a matter of poorly maintained waxing. Maybe it really needs repainting?

ChucklesR, that's kind of what I'm thinking is going to need to happen. The trade thing was kind of a fall into my lap deal. The guy saw my ad on CL and I said I'd be open to a trade for a sailboat on it, so he contacted me.
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