|Topic Review (Newest First)|
|05-05-2011 02:40 PM|
I wanted to say thank you for all of the input. Yes I agree 100% that I need to go see the boat and look at it. But I wanted to just get a generalized feel from all of you about it first.
I agree the price of the boat in terms of being overpriced/underpriced/priced correctly has subjectivity tied into it. Personally, I am in absolute no rush and I havent even seen it so I am not attached at all. I am trying to be very objective about it (and obviously will need to go and see it). I really like the idea of going to take tons of pictures of it as well and then reviewing them at home and letting it melt in for a few days before I start to lean one way or the other.
Again, Thanks for all of the information/Advice.
|05-05-2011 02:00 PM|
Originally Posted by arf145 View Post
|05-05-2011 01:27 PM|
Originally Posted by MarkSF View Post
|05-05-2011 01:23 PM|
"Plus it is a buyers market, not a sellers market."
I keep hearing that said, but see no evidence for it. As we all know, the ratio of rubbish to good for older boats is quite high. The really nice, well looked after boats that have realistic asking prices are selling fast around here, while the poorer and unrealistically priced ones are hanging around. Perfectly normal market, in other words.
|05-05-2011 12:27 PM|
If I understand correctly, you haven't even looked at the boat yet? I guess it's always good to see what knowledgeable folks (which pushes me near the side) think about the $$, but my first thought was "Go look at it and see what you've got!" Condition and upkeep are everything with a boat that age, and there can be a huge swing depending on it. Also, nicely kept boats are not the norm.
It doesn't seem like an unreasonable asking price if it's in good shape. And I don't see anything wrong with those engine hours for a well maintained diesel. Better it was used over those 20-some years than just sitting there.
|05-04-2011 09:29 PM|
Do yourself a favor and go look at it. Take lots of pictures and go over them when you get home. The more you see, the better you'll get at evaluating boats and your preferences.
Over the past few years, I've seen the Cal 28-2 sell for $5K more and $5K less than what this guy is asking. This one's been on the market for several months. There was another Cal 28-2 in Florida that was listed around the same time as this one. It is no longer listed on YW so I assume it sold. I'd expect that buyer looked at both.
PM me if you want to discuss consistent issues I saw with the Cal 28-2 during our search. I can also fwd a list of asking/sold prices from soldboats.com (not to imply those numbers are necessarily accurate).
|05-04-2011 07:52 PM|
Originally Posted by sailingfool View Post
I'll stand by my above post: if you are really interested, make an offer, and try to strike a deal 10% below the asking price. That is probably about what the seller expects to get, if the boat is new to the market. If the boat stays on the market for a while the broker will convince the seller to lower the asking price a bit...and so on. If you really think the asking price is way out of line, keep looking at other boats.
|05-04-2011 07:22 PM|
Originally Posted by SlowButSteady View Post
There are many posts on this board about strategies of prices and percents, and they're all insensible stuff IMHO...in buying a boat you need to establish an informed value and and then be willing to pay up to that amount. The selling price and percents off have at best an unreliable relationship to value.
|05-04-2011 04:46 PM|
|SlowButSteady||Given that $19,900 is the asking price, it's not really out of line. If you are really interested, make an offer 15-20% lower and start haggling (if you start any lower, he'll probably just blow you off). If the boat hasn't been on the market long, don't expect to reach a deal for less than 10% below the asking price. And like everyone else has said, get a survey. On a 25-year-old boat there will almost certainly be something you can use to get the price down a little more. But, don't get too greedy... since the owner is going through a broker, you're not gonna get a fantastic deal. A good deal, maybe...but not a fantastic one.|
|05-04-2011 04:29 PM|
|JimsCAL||The Cal 28 is a nice boat. There are two in my club. I own the larger brother of the 28 - the 33-2. Above average construction, very nice layout, and a good sailing boat. Asking price seems to consistent with others listed. I would guess mid-teens is about right for the selling price assuming the survey shows no major issues.|
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