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Old 12-31-2010, 08:54 AM   #21
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RE: Buying before Selling?

Quote:
Baker wrote:

The number one point that y'all are missing(especially the OP) is buy the boat "right" in the first place. If you truly buy it right, you can then sell it "right" even in this market. I ALWAYS make sure I buy a boat that is desirable to a wide audience. And by that, I mean a unique boat....not a cookie cutter.(Hey that would be a good name for a cutter sailboat). My current boat is going to survey today. While a Mainship Pilot 30 is far from unique, the tan gelcoat is rare and that is what makes the boat look so damn nice. It looks like a much more expensive boat than it is....just classy looking. The same boat in white gelcoat just looks like another.....boat. I can't tell you how many times people stop by our boat to tell how nice looking it is. Anyway, blah blah blah. The potential new buyers love it and hopefully nothing major pops up out of the survey. I could go on and on but don't have the time. Will revisit this topic when I get to my destination.


John, congrats (hopefully!) on the sale of your mainship! *Cookie cutter boats (sea rays, etc.) are sold strictly on price. *When you have 50 of the same model out there for sale, all similarly equipped, either the price or the location of the boat will get it sold.*You are correct about buying the boat right, aka at the right price. *What you elude to as well is equally important and that is not only sales PRICE but sales VOLUME of a particular model. *After having my previous boat take forever and a day to sell due to limited interest from the market (even though it was truly a great boat!!), I personally learned the value of buying not just a boat that fits my needs, but also one that has a proven history of transactions so that I can sell if I ever decide to get a different *boat.
There are some nice boats I passed on due to the fact that they are lucky to have one sale of that make/model per year. *Some boats if you buy them you ought to stick a for sale sign on it the day after you close b/c it may take 2 years to find someone interested in buying. *

*
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Old 12-31-2010, 09:01 AM   #22
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RE: Buying before Selling?

Quote:
Moonstruck wrote:Here is a picture of my Pilot 34.*
Certainly one of my all time favorites at 34'.* Good looking, single engine and a
good turn of speed. Was yours a hard top?


*
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Old 12-31-2010, 09:10 AM   #23
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RE: Buying before Selling?

It was a hardtop.* Here is a picture at anchor.
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Old 12-31-2010, 09:20 AM   #24
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RE: Buying before Selling?

Quote:
Moonstruck wrote:It was a hardtop.* Here is a picture at anchor.
Again, a damn good looking boat and about the best 34 footer I ever saw. Better
(IMHO) than the newer 34. The cabin was cozy, swivel mount TV and a great little
dinette and galley. Why Mainship changed the design after a relatively few years is
still a mystery to me. I've often thought I'd sell SeaHorse and get me one.


*
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Old 12-31-2010, 12:11 PM   #25
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RE: Buying before Selling?

Never, ever, do it , boat or house.
Steve W.
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Old 12-31-2010, 12:15 PM   #26
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RE: Buying before Selling?

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Steve wrote:

Never, ever, do it , boat or house.
Steve W.
Steve-* I agree 100%**** JohnP
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Old 12-31-2010, 01:27 PM   #27
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Buying before Selling?

Quote:
FF wrote:

"The logic behind the statement "Buy the smallest boat you can afford" is that if you have x-number of dollars, the smaller the boat you buy the better condition it will be in, or the newer it will be, which often amount to the same thing. Buying a bigger boat for the same x-dollars will generally get you an older one, or one that needs a lot of work and is an ongoing source of problems, which also often amounts to the same thing."

I would disagree with this , depending on the vessels intended use.

A larger boat is usually the better offshore platform , and will frequently have the proper sized engine , tankage and range to actually go cruising.
You obviously missed the point that "buy the smallest boat you can afford" does not mean to buy a boat too small for your purposes.* If you need a large, ocean-going boat, then buy a large, ocean going boat.* But for a given amount of money, a smaller "large, ocean going boat" will most likely be in better condition than a larger "large, ocean going boat."* Unless you're buying brand new.

Now I admit that this advice is aimed at people who are going to buy an off-the-shelf boat and use it as-is.* It probably does not apply to someone who's going to buy a beater boat and re-engine it with a self-marinzed engine out of a '63 Ford Falcon that they found in a wrecking yard and use panels from a discarded aluminun oil company billboard to fabricate a cabin.


-- Edited by Marin on Friday 31st of December 2010 02:28:27 PM
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Old 12-31-2010, 02:12 PM   #28
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RE: Buying before Selling?

Quote:
Old Stone wrote:

Hey - Watch the comments about the '63 Falcon. After all, if it's a Ranchero, one could always modify the bed to be a new dinghy. No wasted parts that way! Now float that in your pipe! Chuckle, chuckle
I completely missed the potential of the bed.* Perhaps John should create a whole new forum category-- Junk Yard Trawlers.

*
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Old 12-31-2010, 07:32 PM   #29
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RE: Buying before Selling?

I am in the buy before camp. We did that only once, but when shopping for the right boat, we were in no hurry at all, as we still owned a perflctly capable boat that we still liked and planned to use. It was sail, and we were looking to move to power. We looked at boats over a three or four month period. We rejected the one we bought, and came back to it later, after finding nothing we liked any more for the price. We paid roughly twice as much for this boat as we thought we would get for the old one, and we were prepared for 9 months of double moorage costs before getting rid of the old one. In fact, our estimates were right on, as we got what we had paid for the boat 6 years before, after exactly 9 months on the market. So be realistic about the price for the old one and the time it takes for the buyers out there to get to yours.
the other 2 transactions were, first time buyer, and trade in.
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Old 01-02-2011, 04:09 PM   #30
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RE: Buying before Selling?

Geez Marin- that hurts. BTW- when did you see my boat? I thought you had not been any further "south" than South Carolina!
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Old 01-03-2011, 05:05 AM   #31
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RE: Buying before Selling?

Steve, sorry to but in here, but this has bugged me for some time, so I need to settle it. Sorry for being pedantic, but the spelling of your boat type in your signature....shouldn't that be 'President'......
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Old 01-03-2011, 06:48 AM   #32
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Buying before Selling?

Peter-
I get asked that a lot. Berl Present had these boats built in Taiwan so there is a Present and a President Trawler. Another misspell it seems is Forkliftt. Truth is- in 2002 when we set up our first website forklift.com was already taken. So we decided on www.forkliftt.com

-- Edited by Forkliftt on Tuesday 4th of January 2011 05:53:36 PM
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Old 01-04-2011, 01:20 PM   #33
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RE: Buying before Selling?

Quote:
Marin wrote:



We sometimes debate over what we'd do if we won the lottery or I sold the book rights for a movie for a million bucks or whatever.* Sometimes we say we'd buy a bigger boat, specifically a Fleming.* But most of the time we decide that we'd send our boat up to one of the yards in Vancouver, BC and have it totally returned to new condition.* Strip the hull and repaint it, re-engine it, new generator, whatever it took to make it a brand new boat.* And then keep using it for another twelve or twenty years.
LOL we had the same lottery conversation over the weekend and talked about a Fleming 55.* But it is just too big.* I like the idea of having my current boat totally redone.* that would be niiiiiiiice.

But then I remember "the lottery is a tax on people who are bad at math."* I'm still tempted by tonight's mega-millions jackpot though!*

*
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Old 01-04-2011, 01:27 PM   #34
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RE: Buying before Selling?

ok, to the point of this thread, I've seen too many boats languish on the market to be comfortable buying a new one before selling the old...**Sorry I forget which of our down under friends posted about making money while keeping his old boat as the new one is being built.* That is fabulous but I doubt too many folks are that lucky.*
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Old 01-04-2011, 02:26 PM   #35
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RE: Buying before Selling?

We bought the new one before selling the old and sweated bullets for almost a year before the old one sold. In my (not hers) usual money losing fashion, bought the new boat at the height of the market and sold the old one when the market tanked. But at least we did manage to sell the old one and sell it for more than we paid for it.
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Old 01-25-2011, 02:35 PM   #36
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RE: Buying before Selling?

Buying a boat is allot like buying a car, or a snow mobile, or a set of golf clubs.
That is to say, don't go out and buy a Ford just to say you have a car and all the time you own that car you keep wishing and wishing and wishing that it was a HUMMER SUPER *Military green "V" with fat tires, no less.


I think the way to go is have a boat that you will enjoy *painting the bottom, cleaning the brass ,and be proud to own, you will be happy, *because giving a sermon to your friends over and over *on how you got a bargain can get very boring.


Start looking at ,let me say a Norghavn *88.4 and work your way down, all boats have limitations,even if it be you, or the boat. Limitations never the less.


You want a HUMMER get it ,and don't look back , in time the enjoyment you get will in the long run be well worth it



We dream the impossible dream


Donald
Mainship 400 , it's a boat
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Old 01-25-2011, 05:42 PM   #37
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RE: Buying before Selling?

In my experience, boats know when you're about to sell them. And as they say, hell hath no fury like a woman scorned! I swear that when I've put them on the market, all kinds of little stuff goes wrong. I went to sea trial the last one I owned and it died backing out of the slip. Water in the gasoline. NEVER did that before! Thank goodness the buyer understood...I had the fuel polished and everything was fine and the sale went through.

I highly advise you to try to keep your boat from knowing she's for sale.
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Old 01-27-2011, 03:03 PM   #38
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RE: Buying before Selling?

Keith,* Good Advice--- A little white lie can't hurt.*** JohnP
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Old 01-27-2011, 05:57 PM   #39
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RE: Buying before Selling?

LOL Ditto!
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Old 01-28-2011, 09:28 AM   #40
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RE: Buying before Selling?

We bought our trawler before our Alberg 37 was sold partly because there weren't (and still aren't) very many Sea Ranger 47 PH's for sale on the east coast. *We also delayed selling our sailboat because I really didn't want to part with her.... but eventually reason took hold and we found her a new owner.
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