What is with all the crazy prices people are putting on their used Formulas up for sale? I'm gonna be looking to upgrade from my 292 in the near future, but I am really amused by what people think their boats are worth.

$109k for a 2000 382
$149k for a 2007 353 with no trailer
One of my favorites, 1993 357 for $99,500
$169k for another 2007 353
$97k for a 2001 353

Some of these boats even look like crap in the pictures and are being sold by reputable brokers/dealers.

I have a pretty good idea of what I could get for my boat if I sold it today. But you never know, maybe I'll list it for $75,000 and see what happens, haha.

They can ASK what they want. Then wait & wait.

Not sure why it would bother you?

You can really take advantage of the situation by either listing yours much cheaper and getting a quick sale or listing it at a higher price and after a long drawn out negotiation, you'll be the winner!

I wish Fountains were advertised for ridiculous prices, would make mine much more appealing......

RR

A few years ago I sold an 8 year old 382.........my buddies said I sold it too cheap. I got what I needed and the first person to come see it, bought it. 18 months later 1/2 the 382's I was competing against were still listed for sale. I really wonder how often a guy tells his wife, fine I'll try and sell it then lists it for a price knowing it'll never sell.

You can always drop your price in negotiation, but You can never raise it in negotiation

Something usually sells for what it's worth, not for what it's listed for.

Market always dictates.

Although some of those prices do sound a little inflated.

We are also living in very inflationary times for luxury items and real estate so who knows what people might pay..Might as well try..

I agree with t500 - listing high so it won't sell. Wife wants it to sell haha. Then again, I guess they are paying brokerage fees so maybe not.

I'm just a realist. I like to believe that I have a decent knowledge of boat values after owning and maintaining a performance boat for the last 6 years. Condition is everything to me and would definitely pay a bit more for a boat that is worth the money.

I'm just looking at some of these boats for sale and wonder if I'd even consider traveling to look at them based on inflated listing price.

When I list mine for sale it will be based on condition, age, and market. I see no point in deterring potential buyers by claiming to have the most special 292 on the market.

I'm sure there is some direct correlation in regards to boats that are paid off and those who still owe. Someone who owns their boat will probably expect to sell for fair market value. On the other hand one might be looking to sell at a price that salvages a potential loss.