What's a descent price for my 311?
#1
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Joined: Jan 2008
Posts: 1,361
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From: Delaware, OH
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
http://www.offshoreonly.com/classifi...o53197-en.html
#4
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Joined: Mar 2005
Posts: 489
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From: Cape Cod, MA
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.
$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.
#6
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.
#8
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.




