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Originally Posted by Jupiter Sunsation
(Post 3862473)
That 37/700 w/100 hrs boat for only 152k just set the market!
Does the bankrupt/short sale house on the block set the market for all of them in the neighborhood? If it's been vacant a year, someone broke in, graffiti tagged whole place, and stole all the copper, well--there goes the neighborhood :rolleyes: And when was the last time anyone got offered or paid asking price for ANYTHING put up for sale? If you are buying a Volkswagen Beetle Convertible, and there are 17 of them in a 25 mile radius, you can play them off of one another for price. But if there are only a dozen boats in the country, all with WIDELY varying attributes--not the case. Even the trailer can sway value $10K. |
Originally Posted by Jupiter Sunsation
(Post 3862473)
That 37/700 w/100 hrs boat for only 152k just set the market!
Basically when it sells we will be building a 33 with the extended cockpit and a pair of Merc 300s to use for marketing. Gotta do something besides building a center console! |
Originally Posted by ActiveThunder
(Post 3862606)
Not really. I think the majority of the 37 prospects want the 525s. I have always been surprised by the lack of phone calls on this boat from the day we built it.
Basically when it sells we will be building a 33 with the extended cockpit and a pair of Merc 300s to use for marketing. Gotta do something besides building a center console! |
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Originally Posted by Sydwayz
(Post 3862515)
I disagree with that phrase, "set the market" in this use case.
Does the bankrupt/short sale house on the block set the market for all of them in the neighborhood? If it's been vacant a year, someone broke in, graffiti tagged whole place, and stole all the copper, well--there goes the neighborhood :rolleyes: And when was the last time anyone got offered or paid asking price for ANYTHING put up for sale? If you are buying a Volkswagen Beetle Convertible, and there are 17 of them in a 25 mile radius, you can play them off of one another for price. But if there are only a dozen boats in the country, all with WIDELY varying attributes--not the case. Even the trailer can sway value $10K. My comment meant that if the baddest 37 ever built by the factory is now 152k with low hours, then the 525 boats with twice the hours on them are not getting their asking prices in the 120-130K range and the whipple boat is absolutely not happening at that asking price. As far as trailers, your argument might matter if the buyer did a lot of traveling but the inexpensive trailer under the 700 boat certainly wouldn't sway a buyer to buy a 525/XR boat instead because it has a pretty trailer! In the case of a rack storage/lift storage owner the trailer really doesn't matter whether it is a brand new Myco or a yard trailer. |
Originally Posted by ActiveThunder
(Post 3862606)
Not really. I think the majority of the 37 prospects want the 525s. I have always been surprised by the lack of phone calls on this boat from the day we built it.
Basically when it sells we will be building a 33 with the extended cockpit and a pair of Merc 300s to use for marketing. Gotta do something besides building a center console! No way would a buyer go with 525's over a lower hour pair of 700's/NXT's if the price difference is 15-20K. Heck a set of bravo replacements would cost more than that! I like the boat, the salmon/copper color might be holding some buyers back but as a whole it is the best bang for the buck out there. Good luck with the sale! |
If credit was not such a pain in the ass to get for a boat these days, Id put 20k down and finance it tomorrow. I love that boat and I can afford it with no problem but to many business propertys and others keep me from getting credit to buy it. I think the whole credit thing is a big issue these days for selling boats or any expensive toys or you would not see so many great deals out there for sale for years. :angry-smiley-038:
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Originally Posted by Jupiter Sunsation
(Post 3862826)
No way would a buyer go with 525's over a lower hour pair of 700's/NXT's if the price difference is 15-20K. Heck a set of bravo replacements would cost more than that!
I like the boat, the salmon/copper color might be holding some buyers back but as a whole it is the best bang for the buck out there. Good luck with the sale! I have put out offers on 2 body shops your way and further north. I love to build boats but this is coming back too slowly for my taste considering most of my competition is duck soup. Did anybody really vote for Obama? |
Originally Posted by Jupiter Sunsation
(Post 3862823)
Brian your reasoning is non sequitor......The 700 boat is mint, low hours and 152K asking price.....not by any means a foreclosure/short sale.
My comment meant that if the baddest 37 ever built by the factory is now 152k with low hours, then the 525 boats with twice the hours on them are not getting their asking prices in the 120-130K range and the whipple boat is absolutely not happening at that asking price. As far as trailers, your argument might matter if the buyer did a lot of traveling but the inexpensive trailer under the 700 boat certainly wouldn't sway a buyer to buy a 525/XR boat instead because it has a pretty trailer! In the case of a rack storage/lift storage owner the trailer really doesn't matter whether it is a brand new Myco or a yard trailer. |
Originally Posted by ActiveThunder
(Post 3862868)
Did anybody really vote for Obama? |
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