Boat Value
 

I work with a guy who has a 1980 Grady White with a 1979 150 Johnson. He wants to sell the boat and checked with BoatUS to find it's value, they came back with $4027. Now the poor guy thinks that is what he can get.
He claims it runs like an '83, but I told him
1. share the drugs he's on
2. $1500 is a longshot.

Please reply with what you think the value of this boat is, and any wise @ss comments I can pass on would be nice too.

The engine has been rebuilt and does run well.

Heres the full description :

Year: 1980
Length: 19
Builder: grady white
Model: sportsman 195
Engine Make: johnson
Engine Year: 1979
Engine Type: OB
Fuel: gas
Number of Engines: 1
Engine HP: 150
Location: Massachusetts
WaterType: saltwater
Name: jamie
Email:
Interest: buying a boat

I tell people to go on boats.com or boattrader.com or usedboats.com and look for a similar boat to get the range to ask in. You get more for a boat up here than sat for example in Newport News, VA. The engine on that boat is worth zero. a trailer if you can get plates for it is $1000 to $2000 Used/Newish.

Note... I could not find a Grady that old on the net.

I think he can get that easily. I'd start at $5,500 in the spring and go from there.

I recently sold a 1973 no name runabout with a 1973 motor and a decent trailer for 2,600. I sold it to the first guy that came to see it. I probably could have gotten more, but I was happy with what I got.

Grady's got a name and a following. This assumes the transom and floor are in good condition.

I don't think that the boat is worth $4000

BUT

I bet he could get $5000 if he was patient.

as they say, one man's trash.....


Gradys have a following, and if the boat looks nice, he might just be able to find a sucker, er ah i mean buyer that is willing to pay that...

Wow, I'm surprised by the response, my cheapness must not see the value, but who knows like you say zac, "one mans trash" ...

I had a 1983 Grady 22 ft seafarer with a 200 Johnson before I bought my new Parker.
The dealer gave me close to 15k for trade in, and I was told they resold it for around 18k

Holy crap my previous boat was a 23' Neptune W/A with an I/O and Load Rite roller trailer that I sold for 15,500 the guy used it one season and put it on the market for 16,500 and has not sold. The boat was like brand new when I sold it. I can't get over what people will pay for a name :smash:

Same would go for my new Parker!
You don't see too many used ones for sale (especially my 2320)
So when I sell it to get my next boat (a 25 or 28 BHM)
I'll have no problem getting top dollar for it!;)

Sure with prices as high as they are, our boats should catch a good $$$$,

But.

IMO, you won't get it cause there are so many boats on the market, they are a dime a dozen. Look at the broker books..

A buyer will offer you crap for a sweet boat. If he does, he was born yesterday....

Ron we had the same boat, but an '82 Seafearer w/205 OMC on a bracket. The $$ you got for your boat is amazing. In '85 my dad paid $22k, sold in '87 for the same price $22k.

Think about the alternatives for a buyer. There are lots of people looking for a quality hull at a low price that they can repower. Problem is there aren't many alternatives. If the hull is in good condition adding a leftover 150HP can get a great boat for short money. What are the alternatives in that price range?? A used boat/engine package with engine risk. I think you'd find more buyers than you think willing to pay.

Here is the NADA bluebook value on that hull
http://www.nadaguides.com/Values/Val...del=1600078624

The outboard is worth nothing.

Good luck

Chris