Selling boats
05-04-2007 | 02:13 PM
#22
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From: cleveland
05-04-2007 | 08:57 PM
#24
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There's alot of folks out there who are financed or home-equity-loaned to the gills and are now horribly upside down. many have no other option than to make a payment that hurts and insure a boat they can't afford to fuel up.
05-04-2007 | 11:54 PM
#25
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From: cleveland
05-05-2007 | 06:51 AM
#26
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From: Lafayette,La
And that's the reality of performance boating these days. Some of these boats have been dropped 50%- and that's from the fair market prices that they were selling for a couple years ago. Fuel prices, noise restrictions, outright closings of some waterways, insurance prices--- they've all put a big dent in this sport. Those left are the truly hardcore. Those buying are picking up what might be deals but prices may not get better.
There's alot of folks out there who are financed or home-equity-loaned to the gills and are now horribly upside down. many have no other option than to make a payment that hurts and insure a boat they can't afford to fuel up.
There's alot of folks out there who are financed or home-equity-loaned to the gills and are now horribly upside down. many have no other option than to make a payment that hurts and insure a boat they can't afford to fuel up.
this post is a dose of reality.
i have to admit, i was "almost" in this position...looked at a top gun 5 years ago ,in the 160's. i would have put down 20% and carried a 20 year note , so , now it would have been 5 years gone by , 15 years left ,doesn't run cause i'm sure by now it would be broken... plus if it wasen't broken , i couldn't afford to fill it up...
on top of that it wouldn't be worth no where near what i would have paid for it and i'm sure oi would have dumped a $$$$$ through those first few years in upgrades...
sooo, i bought a 1972 28 cigarette for 14k -cash...
now , she just sits in the shop waitnig on me to find time to work her back to orginal beauty....
good luck to you , hope you find a buyer.....
05-06-2007 | 12:58 AM
#27
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From: Cudjoe Key, FL USA
baja27 - Your boat was on my short list when I bought my Powerplay. Boat looks absolutely perfect, but the main reason I did not buy it was the prochargers. For a boat with blowers I wanted to see that the whole motor had been built with an upgraded lower end. Not stock 502's with blowers (which is how it appeared to me, regardless of whether the lower end needed to be beefed up or not). Price (within reason), really didn't matter to me, if it was the boat I realy wanted with the options and in the shape I wanted. That being said, however, the market simply sucks right now also (as many have stated above between gas prices, insurance increases, etc.). I have dropped my pants on trying to sell my Checkmate, and honestly believe it is one of the best deals on the market (as far as Checkmates go), but it hasn't moved. My problem (I think) is that I don't have a stock Merc motor in it. I have a Flagship 500 which has consistantly run as reliably, or more reliably than the same Merc HP 500, but it is doesn't matter to the buyers, because they don't know Flagship. It seems to be the sad state of our sport right now, that there is just not the demand for these boats, so that even with what would normally be very enticing pricing on very clean boats, the offers to buy just aren't there.
Last edited by JROMY; 05-06-2007 at 09:56 AM.
05-06-2007 | 09:45 AM
#28
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Joined: Jan 2006
Posts: 1,116
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From: Jupiter, FL
I bought a smaller boat and then bought my piece of the water (rackominium). That was a big factor - access down here in FL. It was better to have a small performance boat and make sure I could use it in the future. Storing a 30 foot boat will cost you about 1000.00 per month in a couple years. Trailering just plan sucks IMHO - I did it for years.
I basically blew out my 302 with a new 502s in it just to move it. Most boats in the classifieds are not reflecting the current state. I had a Shooter once with a Blower in it and sold it in a month - just had the right price and right buyer.
No offense - I've owned 3 Bajas and had a blast with each one. However, they are all over the place - in water, for sale, and do not hold their value well. Maybe not now, but quality is just not there - like I said, I've owed 3.
That being said, what does sell them is you get a lot of boat for the money - That is what I found motovated most when I sold mine. That is also what got me to buy in the first place. Make sure it is attractive against a comparable cig, fountain, etc. with the same equipment. Value buyers are the Baja market - guys that have some dough but not bleedin rich. Keep that in mind when you are pricing it - are you being realistic with the market and what you want out of the sale?
I basically blew out my 302 with a new 502s in it just to move it. Most boats in the classifieds are not reflecting the current state. I had a Shooter once with a Blower in it and sold it in a month - just had the right price and right buyer.
No offense - I've owned 3 Bajas and had a blast with each one. However, they are all over the place - in water, for sale, and do not hold their value well. Maybe not now, but quality is just not there - like I said, I've owed 3.
That being said, what does sell them is you get a lot of boat for the money - That is what I found motovated most when I sold mine. That is also what got me to buy in the first place. Make sure it is attractive against a comparable cig, fountain, etc. with the same equipment. Value buyers are the Baja market - guys that have some dough but not bleedin rich. Keep that in mind when you are pricing it - are you being realistic with the market and what you want out of the sale?
05-06-2007 | 06:36 PM
#29
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Joined: Dec 2002
Posts: 3,363
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From: Providence,RI
Its all about the money. If its not selling the price is to
high. I sold my last boat on EBAY. Well actualy off of
Ebay.
I checked the add out its a sweet deal.
But if your going to say "I will keep it for that price"
this is what you will end up doing....Not selling.
Be patient and flexable.
RareBreed Your cat is awsome for a split second I
almost considered crossing the line.
Just my take!
high. I sold my last boat on EBAY. Well actualy off of
Ebay.
I checked the add out its a sweet deal.
But if your going to say "I will keep it for that price"
this is what you will end up doing....Not selling.
Be patient and flexable.
RareBreed Your cat is awsome for a split second I
almost considered crossing the line.
Just my take!
