Yes. I bought my second to last boat, Pearson P-26 with a 2005 Tohatsu electric
start engine, auto pilot, etc for $1500 and sold it for $6750 a year later. A
little bit of elbow grease and lots of love made the boat show way better than
when I bought it.
I knew what I was buying when I bought it because I had just sold a P-26 a few
weeks earlier for $7500 (that I bought for $7500 4 years earlier). I knew the
guy didn't want to continue to pay storage for a boat he wasn't using and I was
more than willing to walk away. I wanted another boat; I just didn't need that
one.
When I went to sell the boat, I looked at the values on NADA.com as well as
yachtworld and stuck pretty firmly to my price even though there were boats for
much less. People tried to low ball me, and their low ball offers were still 3
x more than what I paid, but I knew it held value to the person who wanted that
exact boat.
I had the ad on Craigslist for almost the whole summer but I didn't care
because I was still using it regularly. I didn't put a "for sale" sign on it
and didn't advertise anywhere other than Craigslist.
I took a few people on short sails if they seemed interested and eventually (at
the end of the season) a nice guy came by, loved everything about the boat and
bought it the following day. He is still thrilled with it to this day.
I thought I was in the clear for winter storage but along came my (new to me)
C-27 the same weekend. I negotiated a fair price contingent upon a survey and
left a deposit the day I saw it.
As far as the costs for boat storage, I can't really count that. In the years
of owning my first Pearson, I paid for the boat a couple of times over by being
in the marina I chose, but to me it was worth it.
Because I live in Long Island, NY, whatever boat I have needs to be somewhere
365 days a year and that is just a part of my expenses...an expense I am
grateful to have because it means I have a boat.
In my humble opinion, if your boat is as clean as it sounds, you'll have no
problem selling at a premium especially if you're willing to wait a little
while.
Most people, especially these days, are going to try to negotiate. Figure out
the number you really want or need and leave yourself enough room to get there.
Just my two cents (for which I would probably only pay one) :-)
Good luck with the sale..
--- In [email protected], "Sneddon, Keith - ES/IS" <keith.sned...@...>
wrote:
>
> Has anybody on this list ever bought a boat, put money in it, sold the boat,
> and gotten all that money back? (besides you, Chef Yaz)
>
> "A boat is a hole in the water, into which one pours money"
>
> Keith Sneddon
> #4760, "Am I Poor Yet?"
>
> ________________________________
> From: [email protected] [mailto:[email protected]] On Behalf Of
> M.McCombs
> Sent: Thursday, February 25, 2010 10:17 AM
> To: [email protected]
> Subject: [IC27A] Re:C27 Value
>
>
>
> Don't cut yourself low! I'm getting ready to sell mine, as well, and I'm
> running into this problem. In my area people are asking too little to sell
> they're C27's, so I have to lower the price on mine to be "reasonable." The
> problem is I've dumped $10k into it since I bought it, so if I drop down
> below that I'm losing money. Go for what you can get, $12k sounds like a
> good starting point. If you start lower than that you're not just
> short-changing yourself, but others in the area trying to sell they're
> boats, too.
>
>
> Just my $.02.
>
> Mike
> "Legacy"
>
>
>
> [Non-text portions of this message have been removed]
>
>
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