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Catalina/Capri 25/250 Sailor's Forums

Catalina 25 Specific Forum

1978 value

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quilombo
Captain

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USA
301 Posts

Initially Posted - 05/07/2008 : 16:37:16

I know this is a tough question to answer but,,,
what do you all think is a fair price for a 1978 swing keel , in lets say excellent shape,
with outboard, etc, and all the bells and whistles

Edited by - on

stampeder
Master Marine Consultant

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1608 Posts

Response Posted - 05/07/2008 : 16:45:03

$4500-$6,000
Including trailer.

unless its yellow.

Edited by - on

Dave Bristle
Master Marine Consultant

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Djibouti
10005 Posts

Response Posted - 05/07/2008 : 18:01:08

Did you contract a case of Five-foot-itis already??

I'd guess $4-5K. A 2-stroke probably puts it at the low end, and a newer 4-stroke toward the upper end. You could list it for a little more...

Edited by - Dave Bristle on 05/07/2008 18:08:24

Cbucki1
1st Mate

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USA
47 Posts

Response Posted - 05/07/2008 : 18:08:17

With not a ton of boats here in Colorado, I did a TON of boat shopping.
It really depends on Location.
From my shopping, New Mexico and Texas have a solid inventory of great priced Catalina 25's.
Once you get up to the Great Lakes, the prices go up significantly.
If it's in good condition, with all "the bells and whistles" I'd say between $5,000 and $9,000 without trailer, and between $7,000 and $11,000 with a trailer...Just my two cents!

Now, if it's yellow (with a cool boat name) the price would be significantly higher....

Take Care!

Edited by - on

JimB517
Past Commodore

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USA
3285 Posts

Response Posted - 05/07/2008 : 19:43:30

a lot depends on the sails and the equipment. GPS, Fishfinder, Autopilot, new sails, roller furling, spinnaker, new 4 stroke outboard, ...

I paid $5K for my 1978 fin, no trailer, good condition and I would not list for less than $7500 and that's after after putting about $5K or $6K into her.

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quilombo
Captain

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USA
301 Posts

Response Posted - 05/07/2008 : 19:47:12

no Im not planning on selling my boat, just was wondering what they were worth,
All I can say is that I Stole it,,,,,, if you guys are accurate, but I did put alot of work into it, but it was seaworthy when I bought her without a trailer with a 6 sail inventory and no trailer, for 2500
now I wouldnt dream of selling for a penny less than 7K and I bought a real nice trailer as well

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quilombo
Captain

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USA
301 Posts

Response Posted - 05/07/2008 : 19:48:27

remember power boats are getting hammered cause of the fuel prices, here in NJ, / NY fuel (on the water is over 4.75 a gallon, so
a sailboat makes sense

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quilombo
Captain

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USA
301 Posts

Response Posted - 05/07/2008 : 19:49:10

but if anybody out there wants to give me 7K, Ill sell,,,,,,,,lol

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stampeder
Master Marine Consultant

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1608 Posts

Response Posted - 05/07/2008 : 20:20:40

<blockquote id="quote">quote:<hr height="1" noshade id="quote">If it's in good condition, with all "the bells and whistles" I'd say between $5,000 and $9,000 without trailer, and between $7,000 and $11,000 with a trailer...Just my two cents!
<hr height="1" noshade id="quote"></blockquote id="quote">

Great Lakes here I come.

Edited by - on

Dave Bristle
Master Marine Consultant

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Djibouti
10005 Posts

Response Posted - 05/07/2008 : 20:32:43

The great news is you've turned her into a boat you'll enjoy, and that you can be proud of! The less great news is she's still a very early-vintage C-25, and there's a limit to how much you can do to increase the basic market value. We do these things for ourselves, and hopefully one day they help make a quick sale--they don't raise the fundamental value much. From my review of realistic sale prices nationally:

1978-80 $2500-5000
1981-83 $3500-6000
1984-86 $5000-8000
1987-88 $7000-9000
1989-91 $9000-12000

Local markets, competing boats, fantastic condition, and really incredible add-ons can push prices outside of these ranges, and people ask more, but IMVHO, sellers shouldn't set their expectations too much higher. It is what the buyer perceives it to be--not what you do--and most buyers of these boats aren't seasoned sailors who perceive value in things we do. On the other hand, they really like clean boats! My buyers of Passage (not Voyager, BTW), could hardly contain their excitement over how sharp she looked compared to everything else they'd seen. They closed the deal on the spot, about 42 hours after I listed. The price was in the high end of the range above--a good deal for them! I could easily recount over $12,000 in purchase price and improvements over five years. But that was for us. I could have held out, paid for haulout, winter storage, etc., and hoped for a better deal the next year...

Edited by - Dave Bristle on 05/07/2008 20:51:33

Champipple
Master Marine Consultant

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USA
6855 Posts

Response Posted - 05/07/2008 : 20:50:26

Sold mine one year ago for 4500 excluding trailer but with about 1000 bucks plus in racing sails.

Edited by - on

Prospector
Master Marine Consultant

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Canada
3159 Posts

Response Posted - 05/08/2008 : 07:32:39

Its the lost profits that make used boats a good buy. On my boat for instance, I have a set of nearly new sails that came with it. What is a 130% mylar headsail worth? What about other mods the PO put into it - charger, balanced rudder and so forth. All those things will never recoup their value since a buyer is comparing asking prices while the seller is comparing mods.

If a seller was trying to upsell me on mods, I would just say - oh, I can pick one of those up on ebay for $50. I ended up buying my boat based on the condition of the boat, the personality of the seller, and the condition of the seller's car/house.

I figure people who maintain their homes and cars will maintain their boats as well. Dave's comment about a boat that is clean and well maintained is much more appealing than one that has been let go. One of the other things I looked at on all the boats was the condition of the bedding. Its a quick way to see if basic maintenance has been done. If all deck fittings have been rebed, then you can bet other regular maintenance has been done. If only some have been rebed, then you know the maintenance was done only when things started leaking.

Now having said that, on the boat I bought, I need to rebed some fittings, and I have the mystery bow leak (anchor locker drain is on the to-do list), but overall I could tell pretty easily what had been done by looking at the bedding compound, and it doesn't take much to see that the rebed has been done. Its also a dead give-away when a component has been recently changed or upgraded.

Edited by - on

quilombo
Captain

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USA
301 Posts

Response Posted - 05/08/2008 : 20:45:48

wow, thats quite the explanation chris

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Frank Hopper
Past Commodore

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Pitcairn Island
6776 Posts

Response Posted - 05/09/2008 : 08:12:47

A painted hull subtracts a lot of money because it will soon look worse than what ever they are covering up.
Peculiar mods subtract a lot of money because they show a lack of understanding about boats in general... and leave big holes when removed.
The highest valued boat is a clean, well maintained, stock boat.

Edited by - on

ClamBeach
Master Marine Consultant

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3072 Posts

Response Posted - 05/09/2008 : 19:17:54

Depends on region a bit too... Last time I checked, out here on the west coast a swinger in 'sailaway' shape with trailer and 4 stroke outboard will bring $6-8K

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dlucier
Master Marine Consultant

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Virgin Islands (United Kingdom)
7583 Posts

Response Posted - 05/10/2008 : 19:49:09

Basically, there are three types of boats for sale: wrecks, neglects, and turnkeys.

Depending on the local market of course, wrecks can be had for free, neglects for a song, and turnkeys for whatever a buyer is willing to pay.

Of the 5 Catalina 25's in my marina, I think the most expensive was $3,000.00 for an '85 fin. All the others were bought for between $1,500.00 and $2,900.00.

When I bought my boat, it was a bit neglected. Not abused, just neglected. It had sat uncovered beneath a large maple tree in the previous owners backyard for maybe three years. It was so filthy, with moss, bird crap, leaves, and other tree droppings, I wasn't even sure what color the deck actually was. Anyway, because the PO was unwillng to use a little soap and water, I got a peach of a boat for $2,650.00.

The great thing was, the original owner had ordered just about every option available and installed numerous upgrades (stem, spreader brackets, balanced rudder,...etc). It had Harken furling and the outboard was relatively new, it had a season or two on it, and it looked like it just came out of the crate.

I still pinch myself.

Oh, and one more thing. For those that think that if you buy a boat for practically nothing, you'll have to spend thousands making it a proper boat, that is absolutely not so. This is my second cleaner upper, and other than a major cleaning, a bottom job was all my C25 needed.

Edited by - dlucier on 05/10/2008 20:05:25

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