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post #17 of Old 12-18-2016
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Re: Advice on Beneteau 473 looking to purchase

Originally Posted by night0wl View Post
how is capta's situation a deal?? In a dropping market, owner was over priced. Then offered 2/3rds below posted price. While the details on what the market price then or may have been are sparse here, I'd be willing to bet that it wasn't some spectacular amount below the what the past several closings have been when true apples for apples were accounted for. If the owner's not using the boat, I'd contend he likely wasn't maintaining it in bristol condition like some active owners. Maybe the owner took a bath, but there's that 10% commission you have to contend with in broker listed boats on yachtworld (and yes, I understand that its variable). The best deals to me are done mano-a-mano without the easy browsing and high-res pictures of yacthworld..
She was yard maintained and hauled/covered every year for the winter. That makes a 30 year old boat more like 15 if properly cared for, wouldn't you say? Lovingly owned by the owner for 18 years with impeccable records kept by both owner and yard. Bristol condition? Nope. Few can afford those boats as the owners usually over-value them terribly YW or not. But she was equally priced with three other 530's at that time. And better equipped w/electric RF and winches, new dodger/bimini, 30 hours on main engine, etc. Last one I saw sold, sold for nearly 75k more than I paid.
Personally, when buying boats, I just don't have the time or inclination to travel over three states searching every yard and marina just to save a few grand on a boat. You could certainly spend a lot more than you'd save running all over, time wise and money wise, than you'd ever save. Better to use the services of YW or similar with world wide references, watching things for a time, and know when to go visit a vessel that appeals to you, adequately prepared. By the way, the owner pays the broker's fee, not the buyer, so it's not something a buyer must contend with. Sale price is sale price, right?

"Any idiot can make a boat go; it takes a sailor to stop one." Spike Africa aboard the schooner Wanderer in Sausalito, Ca. 1964.
ďBelieve me, my young friend, there is nothing - absolutely nothing - half so much worth doing as simply messing about in boats.Ē ― Kenneth Grahame, The Wind in the Willows

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