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 2001 Catalina 250: fair market value?		  New Topic  Topic Locked
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n/a
deleted

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2 Posts
Initially Posted - 04/14/2005 :  19:40:29  Show Profile
What is the "ballpark" fair market value of a 2001 wing keel/pedestal steering/marine head 250, presently for sale in Long Beach, CA. Been sitting in the slip for sale for over two years. Asking price: $28,500.00
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At Ease
Admiral

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672 Posts
Response Posted - 04/14/2005 :  20:20:41  Show Profile
Don't have a clue as to the fair market price...obviously $28.5k is too much or you would have sold her. If I were you, I'd check the price of similar boats, then add a percentage for being in a high cost area (Long Beach). Here are some sites:

www.sailnet.com/boatsearch

www.yachtworld.com

www.catalinaowners.com

www.boatus.com

www.ablboats.com

www.boats.com

www.sailboatlistings.com/
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johnsonp
Admiral

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USA
606 Posts
Response Posted - 04/14/2005 :  20:49:45  Show Profile
I bought a used 2004 C250 wing keelin very good condition with Honda motor,
stero...etc without a trailer in Redondo Beach last Oct for $23,000.
I'm not sure what other people have paid but maybe this helps soom.
paulj #719
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existentialsailor
Master Marine Consultant

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USA
1180 Posts
Response Posted - 04/14/2005 :  20:51:15  Show Profile
Low retasil is $13260, but there are so many possible options and combinations. Try nada and fill in the details for an accurate price.
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n/a
deleted

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2 Posts
Response Posted - 04/14/2005 :  21:54:27  Show Profile
What is "nada"? The boat's not mine; for sale through a local broker. Obviously, 28 grand's too much for a 2001 that's been sitting idle for two years.
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Buzz Maring
Master Marine Consultant

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USA
1768 Posts
Response Posted - 04/14/2005 :  22:19:05  Show Profile
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica" id="quote">quote:<hr height="1" noshade id="quote"><i>Originally posted by AADIVER</i>
<br />What is "nada"? The boat's not mine; for sale through a local broker. Obviously, 28 grand's too much for a 2001 that's been sitting idle for two years.
<hr height="1" noshade id="quote"></blockquote id="quote"></font id="quote">

Hi Frank,

Rick is referring to the NADA Guide for used boats ... here's a link: [url="http://www3.nadaguides.com/MarineHome.aspx?wSec=14&wPr=0&wPg=2004"]NADA Guide[/url]

Welcome to the group, and best of luck in your search!
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Frank Hopper
Past Commodore

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Pitcairn Island
6776 Posts
Response Posted - 04/15/2005 :  10:07:37  Show Profile  Visit Frank Hopper's Homepage
My friend just sold a 2003 WK with trailer with one light season on it for $17500.
Edited by - Frank Hopper on 04/15/2005 14:39:40
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Tom Potter
Master Marine Consultant

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USA
1913 Posts
Response Posted - 04/15/2005 :  11:10:44  Show Profile
What a steal! (did you leave off a 0?)
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Arlyn Stewart
Master Marine Consultant

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USA
2980 Posts
Response Posted - 04/15/2005 :  12:02:57  Show Profile  Visit Arlyn Stewart's Homepage
Tom, either way... it was a steal! I would roughly guess that a boat would drop 20 units from the selling price once it leaves the lot... and another 1500 per year for a few years and then after that the changing market variables play huge into what happens.

Accordingly, if the boat was bought for lets say 27,500... then it should have brought 22,500. It appears that the owner discounted for reasons I'm sure were important, and if I recall correctly, Frank suggested that. We can hope that the sellers fortune turns brighter.
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stampeder
Master Marine Consultant

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1608 Posts
Response Posted - 04/15/2005 :  15:25:55  Show Profile
The seller is about $10,000 too high....unless he has a very impressive list of extras, including a galvanized trailer.
I recently looked at similar 250's in Seattle in the high teens.
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At Ease
Admiral

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672 Posts
Response Posted - 04/15/2005 :  20:38:18  Show Profile
I would not use NADA...it is usually quite low. The dealers and lenders use the pay side of BUC: www.bucnet.com
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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.