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Catalina/Capri 25/250 Sailor's Forums

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How to Appraise a Cat 25??

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aggiefl
Deckhand

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2 Posts

Initially Posted - 05/23/2003 : 09:41:19

I own a 1980 25 Cat, swing keel, std rig, 7.5 Evinrude, good shape minus elbow grease for cleaning, needs cushion covers and a toilet, no electronics. I want to sell the boat, but have gotten a wide range of prices when researching what other boats of similar specs are selling for. Any good tips general price range, etc. for setting the price of this boat?

Thanks for any help.

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Bill Holcomb
Admiral

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USA
769 Posts

Response Posted - 05/23/2003 : 09:47:42

Prices depend allot on the local area and how other boats are selling there. And, it price is often a factor of how quickly an owner wants to sell the boat. Springtime is generally the best time for the seller because of pent up demand.

Also, NADA (the car blue book folks) have a boat blue book too. Check with your banker to see if he/she has the book.

Bill Holcomb - C25 Snickerdoodle #4839

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lcharlot
Master Marine Consultant

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Antigua and Barbuda
1301 Posts

Response Posted - 05/23/2003 : 10:18:24

<BLOCKQUOTE id=quote><font size=1 face="Verdana, Arial, Helvetica" id=quote>quote:<hr height=1 noshade id=quote>
I own a 1980 25 Cat, swing keel, std rig, 7.5 Evinrude, good shape minus elbow grease for cleaning, needs cushion covers and a toilet, no electronics. I want to sell the boat, but have gotten a wide range of prices when researching what other boats of similar specs are selling for. Any good tips general price range, etc. for setting the price of this boat?
Thanks for any help.
<hr height=1 noshade id=quote></BLOCKQUOTE id=quote></font id=quote><font face="Verdana, Arial, Helvetica" size=2 id=quote>

This depends a lot on where the boat is located, what time of year you are selling it, and of course what condition it is in. In northern California in spring and early summer (peak season for selling boats), a swing keel Catalina 25 of 1978-1981 vintage in "average" condition, with a decent 7500# capacity trailer, 2-cycle outboard, and original main, 110, and 150 (non-furling), would be worth somewhere around $8000. On the top end, if the sails were all new, and the boat had roller furling, and the standing rigging was all new within the last 3 years, and the interior upholstery was all new, and the trailer was a 10,500# capacity late model or recently refurbished, and the boat had a late model electric-start 4-cycle outboard, no hull blisters, epoxy barrier coat on the hull, it might be worth as much as $12,000.

On the bottom end, for a boat in less than "good" condition, with a lot of dings and chips in the gelcoat, a lot of hull blisters, a crappy, rusted-out trailer or no trailer at all, an obsolete outboard from a manufacturer that is no longer in existance (Chrysler Marine for example), old, dirty, blown out sails with badly frayed stitching, worn out, mildewey upholstery and curtains, wood trim all dried out and splitting, dry rot in the deck core, water lines and water tank all grungy and full of algae, and swing keel badly rusted...a boat like this (and I seen plenty of them) would probably only bring $4000~$5000 if you could even get an offer at all. If the boat does not come with a trailer at all (unusual for a swing-keel 25 but there are some out there), it will be more difficult to find a buyer, since a new trailer will cost him upwards of $5000 to $7500, depending on options and capacity.

Another factor is whether or not the boat has a pop-top, lifelines, and stern pulpit. These were extra cost options on the earlier models, and there are a number of Catalina 22's and 25's out there that are "stripped" and have none of these options. The lack of a pop-top can make it very difficult to sell one of these boats, as the pop-top is not something that can be retro-fitted by a new owner. The non-pop-top Catalina 22's ARE popular with dedicated Catalina 22 one-design racers, however.

Larry Charlot
Catalina 25 #1205 "Quiet Time"
Sacramento, CA

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Champipple
Master Marine Consultant

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USA
6855 Posts

Response Posted - 05/23/2003 : 10:34:30

If you are serious about selling the boat, I would consider getting a professional appraisal/inspection. He will give you a good price range to sell the boat. What you will also get, since the appraiser is working for you and not the buyer, are some items that you could fix inexpensively that you don't even know about. These same would be used by the buyers appraiser/inspector to try to talk the price down.

It could be well worth the 250 to 300 you'll pay for the appraisal.

dw

D. Wolff - "The Flying Wasp" #401 sr/sk
Chief Measurer C-25/250 National Assn.
<img src="http://www.flags.com/dreamimages/Flags/measurer.jpg" border=0>

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Chip Hunt
Navigator

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120 Posts

Response Posted - 05/23/2003 : 11:07:40

a big sticking point on selling your boat could be its condition below the waterline. blisters will dramatically lower its value. hopefully you dont have any.

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aggiefl
Deckhand

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2 Posts

Response Posted - 05/23/2003 : 11:36:25

Thanks for the input. The boat is currently in Summerland Key, FL (25 miles North of Key West). Up until a little more than a year ago it was on Canyon Lake in Central Texas from the time it was originally purchased. There's no Trailer and but the boat certainly doesn't fit the extreme of the last boats profiled by lcharlot. I think I'll set it out at $5500 and see what I can get.

Thanks,
Matt

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Douglas
Master Marine Consultant

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1595 Posts

Response Posted - 05/23/2003 : 11:46:03

I agree with all of the above but I think the big factor here is what is it worth to you, and why do you want to sell it. Don't forget the trailer if you have one. They are expensive to say the least. Your right about the prices being in a large range. Something to think about though is how many are for sale near you. Whats the competition ? I sold my C-25 in 9 days, and by myself. Use the boards classified section. Use the other catalina sites classified section, use Trailer Sailors classified section. (1)Sit down and write a good add. Look at other adds to see what you might have left out. (2)The big factor for selling dont overprice in your maket area. #3 If you want to impress the people who come to view your boat you must clean it. Get all the gear off of the boat. All the food, towels, all the extra stuff and realy give it a good cleaning. An unclutered look will make the boat presentable. If the trailer has rust clean it up touch it up. This can mean as much as $1000 diferance in price. Offer to purchase a porta potie . Open and air the boat prior to showing it. Prospective purchasers will judge how the boat has been cared for by how clean it is. Best of luck on your Sale. What will you be moving up to ?

Doug&Ruth
Triska (Alberg 29)
Tacoma Wa.

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dlucier
Master Marine Consultant

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Virgin Islands (United Kingdom)
7583 Posts

Response Posted - 05/23/2003 : 18:31:32

Remember....

A boat(or anything) is only worth what someone else is willing to pay for it.

<img src="http://www.catalina25-250.org/c25sm.gif" border=0>Don Lucier<img src="http://www.catalina25-250.org/c25sm.gif" border=0>
<img src="http://im1.shutterfly.com/procserv/47b2d904b3127cce9f7cd9ffdf1d0000003010" border=0>
North Star SR/FK

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