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Old 08-31-2014, 11:59 AM   #1
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Gulfstar 36

I am considering buying a 36' 1975 Gulfstar Mk 2 trawler and wondered if anyone knows what a reasonable offer to make would be. The boat is in good shape and is for sale in the mid 30's. The NADA website recommends $18,230 as a reasonable price for this boat with comparable equipment. It seems low to me and would like to know what other members have paid for the same boat.
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Old 08-31-2014, 12:12 PM   #2
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IMO with a boat of that vintage condition is difficult to compare and all that matters.
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Old 08-31-2014, 12:22 PM   #3
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Hello everyone I forgot to say hi in my original post.
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Old 08-31-2014, 12:22 PM   #4
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What engines? What kind of NAV equipment? Genset, and is it old or new? Lots of the value is in those things, and the condition. And then most important, what you are willing to pay!!
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Old 08-31-2014, 12:31 PM   #5
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The engines are twin 85 hp Perkins. No Generator, and minimal electronics. A Garmin chart plotter, one on board vhf, and one hand held. The NADA website has drop down boxes to list equipment which I did, and the $18,230 number came up.
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Old 08-31-2014, 12:35 PM   #6
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AK were in Florida are and is the boat near
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Old 09-14-2014, 10:26 AM   #7
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I paid $17,000 US for a 1976 36MkII w/ Westerbeke generator and 2 Perkins 4-154 62hp mains. The boat needs electrical work, hull and deck surveyed well.
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Old 09-14-2014, 12:07 PM   #8
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IMO, mid-thirties would be top price, and that only with the boat in superb condition, lots of electronics, and improvements done by the PO (or PO's). Mid-twenties otherwise. $18K seems a tad low to me, but as others have observed there are two rules to follows:

1. What condition is the boat in?
2. (See Rule #1)
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Old 09-14-2014, 12:44 PM   #9
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Greetings,
Mr. ak. Welcome aboard.
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Old 09-14-2014, 12:59 PM   #10
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Old 09-14-2014, 02:15 PM   #11
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Thanks for the greetings and the info guys.
It was a private seller, and he informed me that if I got a survey, he wouldn't be responsible for fixing any problems, but he was confident that they wouldn't find anything.
He was asking $34,900 and said he would sell it for $31,000. I had offered him $28,500.
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Old 09-14-2014, 05:30 PM   #12
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Thanks for the greetings and the info guys.
It was a private seller, and he informed me that if I got a survey, he wouldn't be responsible for fixing any problems, but he was confident that they wouldn't find anything.
He was asking $34,900 and said he would sell it for $31,000. I had offered him $28,500.
Wait for the survey before you talk numbers. You may get it for less or decide you don't want it.
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Old 09-14-2014, 06:11 PM   #13
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...he informed me that if I got a survey, he wouldn't be responsible for fixing any problems...
Fair enough, inform him you will walk if it fails survey. $28,500 is near top dollar for the boat, if it was $18,500 I could see his point. There's plenty of boats for sale.
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Old 09-14-2014, 06:20 PM   #14
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Fair enough, inform him you will walk if it fails survey. $28,500 is near top dollar for the boat, if it was $18,500 I could see his point. There's plenty of boats for sale.
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Old 09-14-2014, 08:47 PM   #15
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With the Perkins 4-236 (85hp) engines you are golden for longevity if they check out prior to purchase. If they were the Perkins 4-154 which was more common in these Gulfstars to my memory when looking for a replacement boat.

Not knowing then what I know now,
The 4-154 parts availability are slim to almost none where as the 4-236 is like having a 6-71 jimmy, where parts are everywhere for the 4-236.

I ended up with a Perkins 4-154 and the inherit leaking rear main seal.

I'd avoid any purchase where the Perkins 4-154 engine is involved- Ever!!!

As mentioned, condition is the factor, not the age so much. The price you are offering seems right in the ball park. Good luck on a purchase
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Old 09-15-2014, 12:12 AM   #16
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Thanks for the greetings and the info guys.
It was a private seller, and he informed me that if I got a survey, he wouldn't be responsible for fixing any problems, but he was confident that they wouldn't find anything.
He was asking $34,900 and said he would sell it for $31,000. I had offered him $28,500.
Excellent advice above. You're in the driver seat offering high retail for that boat. Sellers can refuse to fix identified problems, but at the cost of selling price or lost opportunity to sell the boat. How long does he want to sit on a depreciating and slowly disintegrating asset? We all know that storing a boat, even if not using it, still costs money.
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Old 09-15-2014, 08:25 AM   #17
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Make sure the language of any offer contract is very explicit about what would be reasons to back out ............."fail of survey" is a slippery thing a friend of mine just found out.

I believe the easiest is to pick a hard number for "to be fixed issues" and make sure it's in the contract. If it exceeds that number for either party...the offer can be terminated.
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Old 09-15-2014, 08:42 AM   #18
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Don't both with NADA. There aren't enough comparisons.
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Old 09-23-2014, 08:32 PM   #19
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Al I know you are concerned about your 4-154 Perkins. I on the other hand am not concerned. If the worst were to happen I'd probably repower with BETA Marine 50 to 55hp diesels. Although I have seen some great deals of rebuilt 4-108 and 4-236 diesels and or similar 4 cylinder diesels. Other than a major failure what are you worried about sourcing for the 4-154 engines? My engine surveys and the work I had done to my pair of 4-154's gives me no reason to doubt the reliability of these older diesels. Mine have slightly less than 2000 hours on them I fully expect them to run another 2000 to 5000 hours with the proper maintenance. For what I paid I still think the 4-154's and Velvet 71C's will give me years of cruising pleasure. Other than the parts availability for the Perkins 4-236 what would make you think they are any more robust or would outlast properly maintained 4-154's? I'm really curious and I am actually glad my horsepower and engine displacement is 62hp vs 85hp I doubt the 4-236 will move the boat much faster than the 4-154 duals? I'd think my NMPG might be a tad better with the smaller Perkins. I don't have any oil pan drip problems at least not yet.
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Old 09-23-2014, 09:47 PM   #20
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Billy111 Will compose a PO. Then if it comes out to what I want to say, I will post on the forum. Regards, Al
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