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Old 02-04-2005, 10:53 PM   #4
beamie
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Join Date: Mar 2004
Location: Marshfield, MA
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Honest Price

IMO that boat looks like a good deal and why? Because for once the seller or broker may actually be asking for an honest price.

I did a nada search on the boat with some rough figures and came out with a price from 17,200 to 20,500. The the guy is right in the ballpark for that boat.

Most sellers or brokers would probably start at 27,000 minimum.

If really blows me away the prices that these brokers think the boat is worth. And moreso blows me away the prices that buyer will pay for a used boat. People get stupid when it comes to buying used boats.

Boats are no different than cars, they depreciate. My 1991 Dodge Dakota is booked at around 3000. Absolutely no one would pay 6000 for it. So why do people overpay for boats?

I have been keeping my eye's open for an old 26 Fortier at an "honest" price. A boat 20-22 years old with a gas engine has a book value of less than 15,000. But you will seldom see one for less than 42,000 and most are high 40's.

I guess I can't just blame the broker, it is us consumers that are the idiots for paying way too much

Jon, 24' Nauset-Green Topsides, Beamie, North River. Channel 68/69. MSBA, NIBA
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