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<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica" id="quote">quote:<hr height="1" noshade id="quote"><i>Originally posted by Lightnup</i> <br />Doesn't this sound like a reasonable price for an '89 wing keel? According to the C25 afficianados here, isn't that the optimum year and keel combination to have?<hr height="1" noshade id="quote"></blockquote id="quote"></font id="quote">
Price is all relative, but an asking price of $6,900.00 is somewhat on the low end of the range for a boat of this vintage.
Optimum year and keel?...I guess it depends on how you define "optimum". To me, the optimum keel is the fin and the optimum year is the one I can get with the funds that I have.
FWIW... I recently bought my '86 Fin Keel, tall rig for $5,600. Here's my brief tale - the boat was neglected by a guy who thought he'd sail her every other week, but after several years he'd only had her out a couple of times. So, he was motivated to sell. His price range was originally in the $9,000 - $11,000 and he arrived at that by looking at the upper end of Catalina-25's on the market.
I inspected every inch of the boat and made a long list of what needed repairing/replacing. I paid a broker to survey the hull and give me a report on its condition. Where the seller said something just needed a good cleaning, I found it needed replacing. For example, he said the motor ran but needed a head gasket. I had to replace the motor.
The boat was filthy and all the running rigging needed replacing. I did a lot of other work on it since, and went through a lot of bleach, greased lightning and elbow grease restoring the boat. Structurally, she is very sound and has a tight, dry hull. I offered him $5,000 cash and agreed to pay his $600 back slip fee. he took the deal and I feel it was a fair deal. Also, the boat doesn't have a trailer.
Economists will tell you a fair price is what a seller and buyer willingly agree on. I would crawl all over that boat and inspect every inch. Check the hull as best you can. Look at other boats if you can and you'll get a feel for the boats condition and value. I had a feeling in my gut on what i was willing to pay. After a couple of beers, I might soften my position and consider paying more. Then, I'd sober up and take another look at the boat. I held firm and got what I think is a fair deal, not a steal, on the boat. He was glad to let her go, and I was glad to get her.
Steve - I believe that particular boat has been on the market for over a year. The price is very low for an 89WK, so we can presume that condition is a factor, not only the boat, but equipment, motor, etc. Before I bought my 89WK last September, I spent over a year searching from the east to the west coast for a '89WK with trailer. Anyway, 89WK's can be rare to the market, and don't last long unless there is a problem, or they are over-priced.
Agreed <blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica" id="quote">quote:<hr height="1" noshade id="quote"><i>Originally posted by Cloudveil</i> <br />The price is very low for an 89WK, so we can presume that condition is a factor, not only the boat, but equipment, motor, etc. ... Anyway, 89WK's can be rare to the market, and don't last long unless there is a problem, or they are over-priced.
John W. '89C25WK #5973 "Uzumati" <hr height="1" noshade id="quote"></blockquote id="quote"></font id="quote">
That boat has been talked about here several times. It was on the market before I bought my boat, over 3 yrs ago. I had been considering the idea of going to look at it, when Frank Gloss save me a trip. If I remember right, and don't quote me, but he said the inside smelled like a porta potti, plus the engine didn't run. Looks like the seller is starting to get serious.
IMHO I will get $12,000 for my 89 on a trailer when I decide to sell it. Assuming that boat will sell for$5,000-$6,000 it leaves a lot of room for repairs, (provided none are serious). A fellow had come from several states away to look at mine the summer before I bought it. He looked inside and said "no way, adios". I think most who are a little familiar with my boat see it as fairly mint. You can do a lot with a dirty boat.
Notice: The advice given on this site is based upon individual or quoted experience, yours may differ. The Officers, Staff and members of this site only provide information based upon the concept that anyone utilizing this information does so at their own risk and holds harmless all contributors to this site.