Reply
 
Thread Tools Display Modes
 
Old 08-03-2011, 12:02 PM   #41
Scraping Paint
 
City: -
Country: -
Join Date: Oct 2007
Posts: 13,748
RE: A little help for a boat purchase please….

Quote:
nomadwilly wrote:
Marin wrote:

"How can it be linear when the economy isn't?"

Simple. Use only the DIFFERENCES in values between high and low end products. When the economy's in the tank the high and low end products depreciate about the same percentage.
I'm enough at sea when it comes to economy issues to not be able to*make a case any different than what you've stated so I'll say*your comment seems to make sense to me and leave it at that.

As to when*is the most advantageous time to buy a boat, that's a*tough one.* The*closer to it being new the better condition*it will be in.* On the other hand the closer it is to being really old, the cheaper it will be.* So I guess it would have to depend on*one's financial position.* If your objective is to buy a fairly new boat with minimal problems (in theory), I would guess that buying a boat just a few years old would get you near the "new" stage but well*past*the initial big value drop stage.

If you have a limited budget but still want a fairly high-end boat then I guess the trick is to find one that is several decades old but is still in good shape.* Boats generally can't be sold for much more than the "going" price for that make, model, and age.* So even if someone has poured $80k into an early 70s fiberglass GB, for example, the boat won't sell for much more (or any more) than the "average" early 70s fiberglass GB.**You certainly won't pay the*average price for this model and year PLUS the*$80,000 the previous owner put into it..*

So the best timing is probably toward the end of Eric's third quarter but find a boat that has been well kept up or had improvements that carry its condition quite aways above comparable boats.* You'll be getting more for your money that way.
__________________
Advertisement

Marin is offline   Reply With Quote
Old 08-03-2011, 01:05 PM   #42
Guru
 
Nomad Willy's Avatar
 
City: Concrete Washington State
Country: USA
Vessel Name: Willy
Vessel Model: Willard Nomad 30'
Join Date: Oct 2007
Posts: 13,714
RE: A little help for a boat purchase please….

A broker once told me the best boat to buy is one that has been bought and sold several times and owned by people that sink money into it each time. One owner likes glitter and gives the boat a Awlgrip paint job, new cleats, canvas and SS ports. The next guy is a gear head who repowers w new upper end engines, Aqua Drives and power steering. The next guy's wife spends money well and gets new upholstery, floors/carpet, hydroconic heating system ect ect ect....... To find a long time owner selling is usually to find a boat neglected and w very few features well above the spartan stock boat. And these "loaded" boats aren't rare as we all tend to dump a bunch of money into a new boat purchase*** ....I did.
__________________

Nomad Willy is offline   Reply With Quote
Old 08-04-2011, 04:28 AM   #43
FF
Guru
 
FF's Avatar
 
Join Date: Oct 2007
Posts: 16,530
RE: A little help for a boat purchase please….

Value loss is governed as much by the market, which is governed by the economy, as it is some sort of mathmatical depreciation formula.

Boats are WEALTH .

The ruler the value of wealth is measured with may change , but the value remains.

There are a few sail boats that are 2x their new l sales price.

EG the Westsail was a $29,000 boat brand new , many are asking $50-K to $60K today.

The boat has depreciated , but the ruler (in this case the US dollar) has depreciated even more.

A desperate seller can be a great find, on a boat of value.

My next door bought a 60+ Nordy for $600K , which was to him a great find, as the Nordy BS site shows them for 1.2M and up.
FF is offline   Reply With Quote
Old 08-04-2011, 04:55 AM   #44
Guru
 
JohnP's Avatar
 
City: Toms River
Country: USA
Vessel Name: D U E T T E
Vessel Model: 1996 36' Island Gypsy
Join Date: Dec 2009
Posts: 1,109
RE: A little help for a boat purchase please….

The GBs and the IGs are simular and both good boats.

A lot of the details and hardware, at least in the early models are almost the same.

Right down to the manual propane*shutoff in the galley headliner.* I bet Marin's GB has a simular shutoff.

JohnP
Attached Thumbnails
Click image for larger version

Name:	dsc03415.jpg
Views:	39
Size:	138.8 KB
ID:	6885  
JohnP is offline   Reply With Quote
Old 08-04-2011, 09:07 AM   #45
Guru
 
Nomad Willy's Avatar
 
City: Concrete Washington State
Country: USA
Vessel Name: Willy
Vessel Model: Willard Nomad 30'
Join Date: Oct 2007
Posts: 13,714
RE: A little help for a boat purchase please….

Thanks John,

I just installed my propane tank on the cabin top and need to go out in the rain ect and shut it off. Never seen such a valve as you seem to have. I thought they were all electric solenoid operated. Where do you get your replacement valves?
Nomad Willy is offline   Reply With Quote
Old 08-04-2011, 11:30 AM   #46
Per
Guru
 
Per's Avatar
 
Join Date: Jan 2011
Posts: 613
RE: A little help for a boat purchase please….

a friend of mine has a very well kept and upgraded Island Gipsy for sale in Long Beach, CA which I am sure is the wrong coast.
the upgrade he has done to this trawler is unimaginable (well over 100K in upgrades alone), yet the selling price is only around 80K.
anyone who buys this boat gets a very very well maintained and equipped IG.

now if i had 250K which i had to spend on a boat I would be looking at the GB Eastbay, every time i walk by one of these in the marina i just love it..
http://www.yachtworld.com/boats/2000.../United-States.
Per is offline   Reply With Quote
Old 08-04-2011, 03:11 PM   #47
Scraping Paint
 
City: -
Country: -
Join Date: Oct 2007
Posts: 13,748
RE: A little help for a boat purchase please….

Quote:
JohnP wrote:
Right down to the manual propane*shutoff in the galley headliner.* I bet Marin's GB has a simular shutoff.
*Yes, it does. It's a great feature in our opinion.* I have never trusted the electric solenoid shutoff valves so many boats have now.* Just what I want in the propane locker--- something electric.* The overhead manual valve is great and GB (and perhaps IG, too) was smart enough to offset it so if there is some sort of flare-up on the stove you don't have to reach over the flames to get to the valve.

We leave the overhead manual valve shut off all the time except when we are actually going to use the stove or oven.* And when we are done, the valve is closed again.* It's become second nature to us now.* And whenever we leave the boat--- in its home slip or going ashore for an extended period, we shut off the propane tank that is feeding the system as well.

The other weekend wne we were in Friday Harbor*we experienced a failure of the then-13-year old regulator in the propane locker when its edge seal began to leak.* My wife heard a 'funny sound" from somewhere and we finally traced it* to the propane locker and found the problem.* This is a situation the manual valve in the galley overhead would not have helped-- the ony cure was to turn off the tank valve.* So we're glad we long ago*made that step an item on our "before leaving the boat" checklist.
Marin is offline   Reply With Quote
Old 08-04-2011, 04:03 PM   #48
Guru
 
JohnP's Avatar
 
City: Toms River
Country: USA
Vessel Name: D U E T T E
Vessel Model: 1996 36' Island Gypsy
Join Date: Dec 2009
Posts: 1,109
A little help for a boat purchase please….

Quote:
nomadwilly wrote:
Thanks John,

*Where do you get your replacement valves?

Eric, Thats a good question, hope it never wears out. (knock on wood).

JohnP
********* P.S.* Also have the electric valve at the regulator, and a propane sniffer under the stove.** This was at the request of a surveyor and the insurance company backed him up.* At least they did not make me change the manual valve it is nicely fitted in the overhead with the valve body under the flybridge, must have a long stem.

*


*


-- Edited by JohnP on Thursday 4th of August 2011 04:09:22 PM
JohnP is offline   Reply With Quote
Old 08-05-2011, 04:32 AM   #49
FF
Guru
 
FF's Avatar
 
Join Date: Oct 2007
Posts: 16,530
RE: A little help for a boat purchase please….

We leave the overhead manual valve shut off all the time except when we are actually going to use the stove or oven. And when we are done, the valve is closed again.

In England these seem to be a "gland" (stuffing box) for the shaft of the interior control wheel , and a small 90deg angle drive , the output engages a std tank valve.

The Brits LOVE "calor gas" and use it for cooking , heat ,Hot water , interior lights .
FF is offline   Reply With Quote
Old 08-05-2011, 02:14 PM   #50
Scraping Paint
 
City: -
Country: -
Join Date: Oct 2007
Posts: 13,748
A little help for a boat purchase please….

Quote:
FF wrote:
The Brits LOVE "calor gas" and use it for cooking , heat ,Hot water , interior lights .
*"Calor" gas is simply regular propane.* One of the largest distributors of propane in the UK is Calor.* So in the same way that "Hoover" long ago became the common noun for vacuum cleaner in the UK, "Calor gas" has become the common noun for propane.

I have never seen it used for lights anywhere, inside or outside, in all our many trips to the UK.* Today most household appliances in the UK are electric.* An exception is the famous*Aga, a combination oven, stove and (sometimes) hot water heater, which uses coal or wood and is staggeringly expensive to buy but does a terrific job of everything that it does.


-- Edited by Marin on Friday 5th of August 2011 02:17:54 PM
Marin is offline   Reply With Quote
Old 08-06-2011, 04:16 AM   #51
FF
Guru
 
FF's Avatar
 
Join Date: Oct 2007
Posts: 16,530
RE: A little help for a boat purchase please….

I have never seen it used for lights anywhere, inside or outside, in all our many trips to the UK.

I'm refering to inside BOATS .Not dirt houses.
__________________

FF is offline   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
boat purchase sea trial yachtbrokerguy General Discussion 6 03-28-2012 08:03 PM
Purchase during the winter months meridian General Discussion 10 12-04-2011 06:46 AM
Sales Tax Boat Purchase steve poole Financial Matters and Red Tape 42 11-07-2011 12:29 PM
Hard choice to purchase an oil change system? Jacques Power Systems 18 10-07-2011 07:08 PM
Update on trawler purchase Bakeract General Discussion 6 05-10-2011 03:37 PM




All times are GMT -5. The time now is 04:16 AM.


Powered by vBulletin® Version 3.8.8 Beta 4
Copyright ©2000 - 2017, vBulletin Solutions, Inc.
Search Engine Optimization by vBSEO 3.6.0
Copyright 2006 - 2012