Used Boat Price Guides...

[Sam3]

Looking to buy a used boat the end of this year or beginning of next year.

21'-23' Trophy or something like that.

What price guide should I be looking at to know where fair market value is on such a boat?
 

[mboy]

I didn't bother using a guide when I purchased mine. I figured out what I could spend and bought the best boat I could with that money.

[CapBob]

Sam,



Price ut the new boats, then get the various  bat for sale mag's and compare......don't forget about what equip is on the boat FF, Radar, GPS, etc......then shop around you can get some great bargans at the end of the season....guys don't want to winterize, just want to sell.

Remember a Sea Trial beofre you buy, also go over the boat with a fine tooth comb, if yu need help ask and I'm sure we could help you out..............and never, never offer the full asking price

[bassnblues]

nadaguides.com has a section for boats but I don't know how accurate it is.

It seems the boat sales industry is much more tight lipped than the car industry.

[Sam3]

http://www.boats.com/news-reviews/articledetail.html?lid=2854

My concern is the financing. This is an interesting article and I understand that the value's of boats vary from guide to guide.

I've been doing alot of research on yachts.com., boats.com, etc.
It's hard to negotiate on something that you don't know the true value of.

[mboy]

Their is no true value. The value is whatever the seller is willing to accept.

These days a lot of used boats are financed and the seller is upside down (owes more then boat is worth and can be sold for) skewing the avg asking prices.

Lowball forever is my Motto!

No matter what, ALWAYS have the boat surveyed by an accredit surveyor.

[Sam3]

Their is no true value. The value is whatever the seller is willing to accept.

These days a lot of used boats are financed and the seller is upside down (owes more then boat is worth and can be sold for) skewing the avg asking prices.

Lowball forever is my Motto!


No matter what, ALWAYS have the boat surveyed by an accredit surveyor.

Great idea about the accredited surveyor.

My intent is look at local marina's from Keyport down to the Manasquan River. They offer financing and it's a place that I can hopefully build a relationship with regarding service, summer slip and winter storage.

[mboy]

I think you will be better off with your local bank or credit union as far as financing.

If you think you are going to have trouble getting financing for a boat, then you shouldn't be buying one.


You are SEVERLEY limitng yourself if you are only considering buying a used boat from a Marina.

I would buy the best boat in your price range and keep it slipped where you want to.

The 2 should be completely independant from each other.

[mboy]

Sam, where do you live?
Maybe you can join me fishing one day on my boat (purchased this year-my 1st also) and we can shoot the sh!t about it while we catch some fish

[Sam3]

Sam, where do you live?
Maybe you can join me fishing one day on my boat (purchased this year-my 1st also) and we can shoot the sh!t about it while we catch some fish

Thanks mboy! That would be great. I'll pm you my info.

There is no problem with the financing. I also belong to a credit union and have a great track record with them as well.

It's just that I'm starting the process of gathering info for a boat, and of course, there is alot I don't know about used salt water boats.
Thanks for all your help.
Pm is on the way.

[catfish hunter]

sam ,how old are you looking and does it have to be that big ,make sure your truck can tow it also and remeber you will have to pay to store it ,it is a huge jump into a big pool for you first boat make sure you know what you are getting ,if you need help looking over a boat dont be afraid to ask ,I bough my first boat fast and paid for it till I could find another sucker

[Sam3]

Hey Catfish...how ya been?

I definately plan on keeping it in one place year round. No trailering.
Wife doesn't want a big blue shrink wrappped monster in the driveway over the winter. 

I do want something big enough with a cutty for my friends and family. (porti potti) if you know what I mean. 

This will be a long term endeavour as well. Not looking to upgrade in a year or two.

As far as age, the newer the better.
Still gathering info on what the annual costs will be. (i.e summer slip, winter storage, etc.)
Looking to spend around 15K or so when ready.

[catfish hunter]

sounds like you are gonna get a nice boat when you are ready let me know I will watch around my ramp for you

[rugman]

you are a boat jumper and you will never buy one got a nice one for you and you got your first striper on it , just Pee over the side and you will be good to go

[catfish hunter]

saw that one comming

[rugman]

 

[Sam3]

saw that one comming

Yup....me too.

 

[ped579]

Ouch...You guys are brutal.

Happy Catching

Paul

[mboy]

Figure $4000-5000 for slip, winterization, winter stoarge, shrink wrap and bottom paint.

That is what it will cost to keep it at marina year round. This does not include other maintenance like water pump on outboard, etc. (few hundred every couple of years) or when things need to be replaced (manifolds on I/O's, etc.

We will talk more on our trip.

[Sam3]

Figure $4000-5000 for slip, winterization, winter stoarge, shrink wrap and bottom paint.

That is what it will cost to keep it at marina year round. This does not include other maintenance like water pump on outboard, etc. (few hundred every couple of years) or when things need to be replaced (manifolds on I/O's, etc.

We will talk more on our trip.

Sounds good. Let me know if that weekend or another one works best for you.