Go Back  Offshoreonly.com > Owners Forum > Formula
What's a descent price for my 311? >

What's a descent price for my 311?

Notices
Formula

What's a descent price for my 311?

Thread Tools
 
Old 09-03-2013, 06:56 PM
  #1  
Registered
Thread Starter
 
Join Date: Jan 2008
Location: Delaware, OH
Posts: 1,357
Received 4 Likes on 2 Posts
Default What's a descent price for my 311?

I've had it almost 3 seasons and dropped some coin into it on interior. Good solid boat but I want head room and something longer. Is my price fair?

http://www.offshoreonly.com/classifi...o53197-en.html
s022mag is offline  
Old 09-03-2013, 07:41 PM
  #2  
Registered
 
Join Date: Aug 2012
Location: Cincinnati ohio
Posts: 620
Received 6 Likes on 6 Posts
Default

there was just one on here with nice brand new gen 6 502s and a lot of nice stuff couldn't move it for 25. posted last about parting out
dsmawd350 is offline  
Old 09-03-2013, 08:38 PM
  #3  
Gold Member
Gold Member
iTrader: (1)
 
jiffy292's Avatar
 
Join Date: Jun 2009
Location: Ma
Posts: 542
Received 0 Likes on 0 Posts
Default

That's mine. Just got a deposit on the hull minus motors and drives. I had it on Craigslist 24k not one call
jiffy292 is offline  
Old 09-04-2013, 06:38 AM
  #4  
Registered
 
Join Date: Mar 2005
Location: Cape Cod, MA
Posts: 489
Received 0 Likes on 0 Posts
Default

The issue with putting money into an older boat is that you rarely, if ever get your money back out if it.

$24k is OK, but you still may not get much action. $19.9k may be better if you need to sell it soon.

FWIW, there is a fairly stock 311 (1990) in North Falmouth, MA that has been on the market since last year. I looked at it in July 2012, it was listed at $34.9k . . . Now It is $24.9k . . . Still there when I last checked.

Last edited by tpenfield; 09-04-2013 at 06:42 AM.
tpenfield is offline  
Old 09-04-2013, 06:44 AM
  #5  
Registered
iTrader: (5)
 
Join Date: Jul 2009
Location: Taunton Ma
Posts: 8,527
Received 698 Likes on 341 Posts
Default

My buddy just sold a clean 292 for mid 20's. I think the price seems ok if you don't mind waiting a bit for the right buyer. But 19,900 should get it sold sooner.
Unlimited jd is offline  
Old 09-04-2013, 09:03 AM
  #6  
VIP Member
VIP Member
 
VoodooRob's Avatar
 
Join Date: Jul 2011
Location: Cleveland Ohio
Posts: 1,993
Received 46 Likes on 23 Posts
Default

To sell it now you are looking at walking away with sub $20s by looking at what has been on the market and how long boats have been listed. Look at it this way, if you sell undervalued a bit now you can also buy undervalued right now. It only would financially hurt if your pulling your $ out of boating or if you wait to spring and have to pony up extra coin because its the nicest boat you've seen, the seller knows it and its the beginning of boating season.
VoodooRob is offline  
Old 09-04-2013, 11:19 AM
  #7  
Registered
Thread Starter
 
Join Date: Jan 2008
Location: Delaware, OH
Posts: 1,357
Received 4 Likes on 2 Posts
Default

I figured that was the case. I would hate to price it a 20k then get low balled. Just figured I'd get some offers at the current price, but then again it is the end of the season.
s022mag is offline  
Old 09-04-2013, 12:48 PM
  #8  
VIP Member
VIP Member
 
VoodooRob's Avatar
 
Join Date: Jul 2011
Location: Cleveland Ohio
Posts: 1,993
Received 46 Likes on 23 Posts
Default

Your right on, we've all been there with boats, houses, cars, etc. Sometimes sucking it up and moving on to another deal works out best. Its what your comfortable with doing. Look at the boat strictly from a buyers point of view and take emotion out of it (I replaced this and Improved that, limited edition, blah blah). Most or not all of your efforts are usually maintenance or updating that should have been done anyways and those things do not add value, they add the ability to sell.
VoodooRob is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.