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Catalina/Capri 25/250 Sailor's Forums

General Sailing Forum

Anyone done homework on pricing a boat recently?

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OJ
Master Marine Consultant

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USA
4382 Posts

Initially Posted - 10/06/2009 : 17:08:31

Have a lead on Catalina 25 and am searching for guidelines on working up what the FMV of the boat really should be. I know the boat itself should be evaluated separate from the sails and so on. Anyone gone through his exercise lately?

Edited by - OJ on 10/06/2009 17:09:36

dave holtgrave
Captain

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USA
427 Posts

Response Posted - 10/06/2009 : 19:29:13

i use BUCKNET.
a good boo0k at local libraries.

remember they don't make the 25 anymore and if it's in good shape it may costs you more then it appraises

dave holtgrave
5722 sk/tr

sailing on carlyle lake in southern illinois

Edited by - on

delliottg
Former Mainsheet C250 Tech Editor

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USA
4479 Posts

Response Posted - 10/06/2009 : 20:23:19

You can also use http://www.NADA.com & http://www.BUC.com

Edited by - on

Dave Bristle
Master Marine Consultant

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Djibouti
10005 Posts

Response Posted - 10/07/2009 : 05:57:43

A few other factors to complicate things:

1. "Bluebook" values are based on new owners' reported sale amount when the boat is registered. In many states, that determines the sales tax due. Draw your own conclusions...

2. Boats (sailboats especially) vary by location, based on what competition they have, including somewhat bigger boats--e.g., C-27 prices will affect C-25s, and C-25s on inland lakes might get more than those on the Great Lakes or coast (where the bigger boats are).

3. "Stuff" can often be worth a lot more than the price recognizes, and good stuff tends to indicate a good boat.

Hope this helps!

Edited by - Dave Bristle on 10/07/2009 06:01:12

Justin
Admiral

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502 Posts

Response Posted - 10/07/2009 : 07:39:28

I just sold my boat, so I did some research on this recently. You will find some C-25's selling in the $4k range or lower. Sometimes they may look like a good deal at first, but then you may find that all the systems need to be updated, replaced, and over the years, you may end up investing well over more than twice the initial purchase of the boat. Then you will find nicer boats in the $6-8k+ range that require little/no work, are well maintained, regularly sailed, and ready to take you on the water. I know my C-25 was very nice and so did the new owners; it sold for $8k+. As others mentioned there are so many factors, your local market, how desperate the person is to sell, etc.

Can you describe the boat?

Edited by - on

OJ
Master Marine Consultant

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USA
4382 Posts

Response Posted - 10/12/2009 : 14:46:20

Thanks for all the information.

Yes, lots of factors - several of which are not addressed by the above sources!

Boat is located in New England and I saw it over the weekend. It's a 1989 wing keel, tall rig with a Furlex, 2000 9.9 Yamaha 4 stroke long shaft, 8 foot Walker Bay dingy, new (balanced) rudder in 1999, digital depth sounder and knot meter, 2 two-year-old batteries, microwave and power inverter. Very minimal spider cracks, interior cushions are in very good condition. For a boat that sits out year round with no cover, the interior shows zero signs of deck leaks. Considering the sails are original, they are in fair-to-good shape. No trailer (hence my other post regarding trailers for wings.)

BUCKNET "calculated" a value of $12.5K - which is what the current owner paid 3 years ago. The price I've negotiated - less

Edited by - on

Nautiduck
Master Marine Consultant

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USA
3704 Posts

Response Posted - 10/12/2009 : 17:56:26

The '89 wing is the nicest C25 IMHO but $12.5k without a trailer is too high a price.

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Dave Bristle
Master Marine Consultant

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Djibouti
10005 Posts

Response Posted - 10/12/2009 : 21:43:27

So we have a deal? Congrats! I looked it up on Yachtworld--looks good! The asking price was $11K--not an unreasonable place to start. How/when will you get her home?

Edited by - Dave Bristle on 10/12/2009 21:45:11

OJ
Master Marine Consultant

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USA
4382 Posts

Response Posted - 10/13/2009 : 03:40:41

Hi Dave, how's the FOTB doing?

It seems that we have a deal but are still negotiating some small points . . . kind of a bizarro experience. As you may have seen from my other posts - I may be over thinking the tall rig aspect. If I'm really unhappy with it I can always shorten the mast to standard rig dimensions - the sails and stays are overdue anyway. The overall condition and upgrades made the pro column lopsided. The deck has only 3 very small (and repairable) dings and the hull will polish-up easily. Very few DPO items as well - someone got a little carried away with cup hooks - screwed into the interior teak no less. The fact I have to get my own trailer is also a plus - I can get exactly what I want and it will be new to boot!

As for getting it home, there's a one month lead time from Trail-Rite. Then I have get it from west coast to the east coast - ack! Will probably spend Thanksgiving holidays on the road.

Thanks for asking Dave!

Pix at 11

Edited by - OJ on 10/13/2009 04:22:54

Dave Bristle
Master Marine Consultant

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Djibouti
10005 Posts

Response Posted - 10/13/2009 : 10:36:37

<blockquote id="quote">quote:<hr height="1" noshade id="quote">Originally posted by OJ
 Hi Dave, how's the FOTB doing?<hr height="1" noshade id="quote"></blockquote id="quote">Spectacular Colorado mountainside ceremony... Ski-lodge reception for what seemed like 3/4 of the population of Steamboat Springs (plus guests from coast to coast)... last check written (I think)... FOTB is a happy (and lucky) guy!

So you have to transport the trailer? Why? Could be an interesting journey, but I find it hard to believe it's economical.

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OJ
Master Marine Consultant

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USA
4382 Posts

Response Posted - 10/13/2009 : 14:18:21

<blockquote id="quote">quote:<hr height="1" noshade id="quote">Originally posted by Dave Bristle
 
So you have to transport the trailer? Why? Could be an interesting journey, but I find it hard to believe it's economical.
<hr height="1" noshade id="quote"></blockquote id="quote">

Yep, I concur, pretty dumb to drive all that distance but the salesman said he had only one source for long distance trailer delivery and they charge $1.50 per mile - ouch. Catalina used to piggy back trailers with other boat deliveries when they had manufacturing facilities in California.

So, one of us will drive the truck out, then the other will fly out and we'll share driving the return leg - straight through. We've been planning a trip to Yosemite . . . guess that will happen sooner than predicted - just like the boat purchase!

If anyone reading this has a responsible friend or relative with a full size pickup or SUV that is driving even half way to Pittsburgh from the Santa Ana area for the Thanksgiving holidays . . . I'd be happy to pay for their gas - real happy!!!

Edited by - OJ on 10/13/2009 14:22:37

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