Like Tree0Likes

Best Time to Sell

Reply
Old 05-21-2010, 11:50 AM
  #1
Registered
Thread Starter
 
DORaymond's Avatar
 
Join Date: Oct 2004
Location: Long Island, NY
My Boats: 88' Bullet, 08'Formula SS350
Posts: 257
Default Best Time to Sell

I realize that with this economy this isn't the best time to sell anything, but, I need to sell my Cigarette and was wondering what you guys thought was the best time of year to advertise it? Spend the money for an ad now, or what until Fall or next Spring?

Last edited by DORaymond; 05-21-2010 at 11:51 AM. Reason: Typo
DORaymond is offline  
Reply With Quote
Old 05-21-2010, 11:59 AM
  #2
Lip-Ship- Grafikworx Glad
Platinum Member
 
pm203's Avatar
 
Join Date: May 2003
Location: MA and NH
Posts: 3,615
Default

Start advertising now. Get the boat on the market asap.
pm203 is offline  
Reply With Quote
Old 05-21-2010, 03:50 PM
  #3
VIP Member
VIP Member
 
lucky strike's Avatar
 
Join Date: Sep 2003
Location: Pompano Beach, Florida
My Boats: Using LS JR. TG
Posts: 8,468
Default

Spring is the best time to sell a boat for sure.

I have mine advertised in a few places with no luck.

In this economy it's tough to sell anything.
__________________
www.mercedeshowroom.com
lucky strike is offline  
Reply With Quote
Old 05-21-2010, 05:59 PM
  #4
Registered
 
Join Date: Sep 2003
Location: Here and There
My Boats: 36' Apache
Posts: 1,831
Default

I'd get it listed now. We aren't out of the woods yet by any means. I think a sub 8k Dow is still totally in the cards.

I heard a good analogy the other day about the world economic climate. The world is the titantic and the stern is the U.S. and the bow is Europe. The Bow has hit an Iceberg and is going down. In the process the stern is being lifted slightly. Our governments are re-arranging the deck furniture in an effort to correct the uncomfortable list that is occuring from side to side. Eventually, the whole ship is going down and rather than putting people in the life boats we are busy re-decorating the stern and the layout of the deck furniture. The whole thing is going down sooner than later regardless of the rediculess attempts at manipulating the free market.

Get it listed and get it sold now while you still can....
baywatch is offline  
Reply With Quote
Old 05-21-2010, 06:21 PM
  #5
Registered
 
Join Date: Jul 2005
Location: Tierra Verde, Fl
My Boats: 33 Outlaw
Posts: 341
Default

Baywatch, it sounds like you sat next to Chris Sunkin in advanced economics at Harvard. Impressive!
Skullkrusher is offline  
Reply With Quote
Old 05-21-2010, 07:21 PM
  #6
Registered
 
Join Date: May 2007
Location: Akron, OH
My Boats: Open Slip - formerly Formula'd
Posts: 624
Default

List it NOW. As warm weather gets here and people are out on the lakes and beaches, they see boats and start wanting one. This impulse can sometimes lead to sudden and irrational purchases, even causing people to pay more than they normally would. That said, the excess supply of used boats out there now probably cancels out that notion. But I'd try to sell it now.

Fewer people buy in the Fall; demand is lower, weather is getting colder and buyers are just going to have to pay more for winter storage...so they wait til Spring...
BlackJack58 is offline  
Reply With Quote
Old 05-21-2010, 09:41 PM
  #7
Registered
 
Join Date: Sep 2003
Location: Here and There
My Boats: 36' Apache
Posts: 1,831
Default

Quote:
Originally Posted by Skullkrusher View Post
Baywatch, it sounds like you sat next to Chris Sunkin in advanced economics at Harvard. Impressive!
WOW, did you get a doctorate from the school of inappropriate snide remarks??

I said I thought it was a good analogy and supported the rationale of listing now and unloading (if he really wants to unload it) rather than waiting till next spring. As stated in the original post I didn't come up with the analogy. I was only repeating it (I didn't realize I was supposed to cite my sources) .

For what it is worth I only have a minor in economics and I TAKE BEING COMPARED TO SUNKIN AS A TOTAL INSULT. Everyone is entitled to their own opinion and I gave mine which is what I thought the individual that started the thread was looking for.

If you are that Bullish on the economy, good for you. My short plays worked out pretty well for me yesterday and I will keep doing what has been working for me.

I stand by my original statement:

List it and get it sold now rather than waiting untill next spring.
baywatch is offline  
Reply With Quote
Old 05-21-2010, 10:43 PM
  #8
Registered
 
jeff32's Avatar
 
Join Date: Jun 2004
Location: St-Hyacinthe, quebec, canada
My Boats: 2000 triple 500 efi Sonic 45
Posts: 6,252
Default

baywatch, don't bother, let your word out and let other think what they want, I like your analogy, and it might unfortunatly be true...
jeff32 is offline  
Reply With Quote
Reply



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



All times are GMT -5. The time now is 08:00 AM.


Copyright 2011 OffShoreOnly. All rights reserved.