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Go Back   SailNet Community > On Board > Boat Review and Purchase Forum > Cal 28, Worth the Price?
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Thread: Cal 28, Worth the Price? Reply to Thread
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Topic Review (Newest First)
05-05-2011 02:40 PM
smacdade
Thank you

Hi Everyone,

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.

Sincerely,
Steve
Jax FL
05-05-2011 02:00 PM
SlowButSteady
Quote:
Originally Posted by arf145 View Post
... 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.
Good point. Nothing kills an engine like disuse. I would be much more inclined to trust and engine that had been used regularly, warmed up completely each time it was used, and maintained properly, than I would an engine that was used as little as possible.
05-05-2011 01:27 PM
DrB
Agree

Quote:
Originally Posted by MarkSF View Post
"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.
In the yard that I stored my boat over the winter, I know of at least 3 boats that were sold. All looked to be in very good shape.

DrB
05-05-2011 01:23 PM
MarkSF "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
arf145 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
Tanley 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
SlowButSteady
Quote:
Originally Posted by sailingfool View Post
A good deal in a boat is to actually get what you pay for.

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.
"Value" is a slippery concept when it comes to older boats. The value of a 25-y-o boat is really too "soft" to quantify with any real accuracy. It really all comes down to how much one is willing to pay for something that within a few years will cost (in maintenance, upkeep, moorage, et cetera) as much or more than the original purchase price anyway. Remember, the purchase price is just the beginning.

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
sailingfool
Quote:
Originally Posted by SlowButSteady View Post
... you're not gonna get a fantastic deal. A good deal, maybe...but not a fantastic one.
A good deal in a boat is to actually get what you pay for.

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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