How much for my boat?

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nathanlee

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Do you reckon Kudu is worth?

I've been thinking about it more and more over the last week or so, and I've decided I need to get a bigger boat, but I can't do that while I've got Kudu, so I'm thinking about selling her. Thinking about.

Trouble is, I've got no idea what she's worth.

She'll be going with everything on board; chart plotter, stove, clipper instruments, solar panels.. etc etc etc. Basically, if I own it, and it's fixed down, it comes with her, including the year old Suzuki 5hp outboard.

There's no trailer.

Any ideas folks?

I need more space.
 
nathanlee said:
Do you reckon Kudu is worth?

I've been thinking about it more and more over the last week or so, and I've decided I need to get a bigger boat, but I can't do that while I've got Kudu, so I'm thinking about selling her. Thinking about.

Trouble is, I've got no idea what she's worth.

She'll be going with everything on board; chart plotter, stove, clipper instruments, solar panels.. etc etc etc. Basically, if I own it, and it's fixed down, it comes with her, including the year old Suzuki 5hp outboard.

There's no trailer.

Any ideas folks?


I need more space.
Click to expand...


Nathan,
you have opposing value items on your boat.

Kudu, from my quick look is a well used example of a good working boat, but with aging sails/rigging/deck fittings.

It has a working set of instruments which are fitted to the boat.
these 2 items make it sailaway.
However, you are likely to need a chartplotter and solar panels on your next boat and there is no imperative to leave them on Kudu.

The outboard is a close call. Personally, I would flog that separately, as it will not add much to the asking price, but may be a good sweetener for a sale. Offer the outboard as a package, part of the negotiation.

You must get rid of all the clutter, and make her as spacious as possible, as no one else is likely to live aboard!!!

I bought and sold my Corribee for about 2 grand, and I would be trying it on Apolloduck and Boats and Outboards at £2900 ONO inc engine.
Small boats are 10 a penny on ebay, as little as 700 quid for some nice little boats.

Also, it will need to be somewhere accessible and fairly popular...... dunno how that squares with where she is now.

I don't need to tell you that storage fees are going to erode margin very quickly, so I suggest you get it done right now.

Best of luck.

Jim
 
Cheers Jim.

There's a MK3 on ebay at the moment and the chap has got a buy it now for over 5 grand.

A bit optimistic I think, and I didn't expect to get that for Kudu, but she is better equipped than his, if older.

The sails are all in fairly good condition, and the rig is serviceable.

All the deck gear is setup for single handing as well. It's rare to find boats this size that come ready to rock with everything lead back to the cockpit, so it seems.

Since you saw her, I've made some mods to the deck gear. Harken winches on the coachroof, and spinlock's for all the lines running aft.

I paid 2k for the boat, and have spent... I dread to think how much on her. I was hoping that I'd get above 3k. At sub 3 grand, I'd probably not sell her. Ponder ponder.
 
You could start thinking about (re-)replacing some of the expensive kit with cheaper stuff to get the sale - you can then re-use your Harkens etc. on the new boat....

PS. How can you sell Kudu????????? :D I dread the time I ever come to sell Papillon but I know it's going to come within the next few years...
 
nathanlee said:
Cheers Jim.

There's a MK3 on ebay at the moment and the chap has got a buy it now for over 5 grand.

A bit optimistic I think, and I didn't expect to get that for Kudu, but she is better equipped than his, if older.
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Well, I found one on Boatshop24 for £9995 and another for £6995.
According to the broker spiel Corribees are enjoying a Renaissance, so what do I know?
In my experience spending money on a boat does not necessarily or indeed ever increase the VALUE of a boat, it merely enhances your chances of flogging it.
 
There is always someone out there looking to buy what you have got to sell - it is just finding them at the right price! So advertise her everywhere you can think of to maximise exposure.

I know with Flipper I thought the only way I would ever get rid was to take a chainsaw to the hull but after about 3 months on Boats and Outboards (free advert under £5k) I found a buyer.

I did take off things I wanted for my next boat, plus I took off the 2 season old sails (just agreed a barter with new owner to rewire Karouise in exchange for sails!) and replaced with the ones she had when I bought her. Next I took off all the bits you keep as 'come in handy' - 4 car loads. I then cleaned her throughout and took loads of pics of what was left and created an inventory to send to prospective buyers. Every contact got the inventory, pictures and a general description.

Best of luck.
 
On balance to the higher prices, I was offered recently a Mk2 Fin-Keel Corribee (which I went and viewed) for £750.

It was minus engine and only VHF (if I remember right) installed but was a nice sound boat needing only general tidying.

Personally I'd go with £2900 without the Chartplotter and Solar gear (since I would imagine you'd need them on any future boat) and see how you go.

Kudu has a little fame now and there are 15 or so video 'documents' showing her sailing well and all the work done to her.

That would be my wild guess,

cheers,

Nick
 
When I eventually sold my Fantasie 19, the chap who bought her said it was a real hassle trying to find small boats. Easy access for viewing is a must. Find a broker who will store her afloat or ashore (Hoo?) and I am sure she will go.
 
I'm not sure what to do now. I've been looking around, and there's nothing in my feasible short term price range that's sea worthy enough for me to be happy with.

Ah well, in the meantime, I'm flogging the outboard to release some funds.

What do you think a Year old Suzuki 5hp is worth? I can't find any second hand one's for comparison.
 
nathanlee said:
I'm not sure what to do now. I've been looking around, and there's nothing in my feasible short term price range that's sea worthy enough for me to be happy with.

Ah well, in the meantime, I'm flogging the outboard to release some funds.

What do you think a Year old Suzuki 5hp is worth? I can't find any second hand one's for comparison.
Click to expand...

Dare I say Nathan what I think you need is a plan.
You don't want to be selling stuff now only to find that you need to buy the same stuff back for potentially more money when you get another boat.

For argument sake will the next boat have an inboard or are you sticking to outboard?

I'd also say selling stuff now is not going to fetch the best prices since it's getting close to laying up time.

Do you definitely need to sell Kudu for your next adventure?

You may have it all sussed but i'd just be careful that all the steps you do now are working towards your master plan and not just looking short term.
 
Nathan just caught up with the last of your blog. Fire99 is right. It is like losing a partner and making rash decisions. You have a roof over your head and youth on your side. Sorry it ended the way it did but hey you had a lot of fun while it lasted. I do know of a Samphire 29 in good nick that has recently been put up for sale. Could even be used as a liveaboard while you commuted to a job in London etc. Good Luck with whatever you do.
 
The big problem is, all the stuff you've invested in, does not add greatly to the value of the boat overall in the price range your boat is in (and that applies to most price ranges), unless you find the perfect buyer who values all the extras, which would be very rare. Most people seem to look at the boat, and accept a small extra for a lot of additional items, but not their worth, as they are comparing similar boats and looking at overall price. So as others have said, take off anything of real value that you can reuse or sell for a more realistic price separately, or can bargain to be included in the boat sale at a realistic price.
 
I think £3k would be optimistic..........but I've been wrong before :rolleyes:

As said, I would strip the good kit and either keep or sell. You can always replace some bits via e-bay :D

In your shoes I would bite the bullet and get ashore to build a boat fund, IMO no point in going up to another small boat that is only 2 or 3 feet bigger as you will only be selling that one later, after also making her spot on and being back in the same position..........given you do seem to have taken to the boat wandering lifestyle.

I would go for 27 to 32 even if I had to accept one that was very much less than ideal and was not going to be capable of extended voyaging in the short term - the trade off being that she one day would be capable of going pretty anywhere and of a size that you knew you would not be growing out of (especially if you find a crew member :p).......so the time and money you put in would not be wasted (again).
 
but you had a great time

however you feel now Nathan, you had an amazing summer - you have grown as a sailor

and done something few others tried

you faced weather that would have had me cowering in harbour

you know so much more

ready for the next challenge - although the first challenge appears to be financial

Dylan

keep turning left
 
nathanlee said:
What do you think a Year old Suzuki 5hp is worth? I can't find any second hand one's for comparison.
Click to expand...

500 quid at a push if its the 4stroke. £400 for the 2 stroke.

Offer: If you sell the Suzuki, I have a Mariner 4hp Sailmate with charging that needs a CDI unit you can flog with the boat. At a price so keen you will cut your fingers off as you grab it. PM me if you want to talk about it.
 
Hate to be a killjoy - but there is a very nice Corribee Mk2 for sale in Paglesham for 1400. For a whole range of reasons small boats don't sell that well anymore (unless you are lucky) and there is a big difference between what people want their boat to be worth and what they are realistically selling for.

My guess is that you should be pleased to get over 2K. Most boats would also expect to sell with their outboard as a sailaway package.

Your engine would be worth more if it had the charging circuit but I would guess 450 - 500.

As others have said beware selling what you have as it could be a lot more difficult to get it back later on.

If you do want to do the Jester you need to think of a few things:

1) Do you really want to do it? Do you actually like being at sea?
2) Wht is your realistic budget
3) Is that enough to prepare Kudu and cover all other costs?
4) Would it be enough to buy a different larger boat and prepare it from scratch?

I agree with the person who said you need a plan.
 
Yes a fin keel in the yard in a dark blue / black colour. Just noticed her as I was walking past and it looked in a reasonable sort of condition. Saw the people sail her last year and she looked quite nice which is why I thought someone will pick up a lot of fun for the money.

But, and I think it sad, it seems that people don't want to start sailing in small boats any more and work up. When we were selling Malbec we were constantly told that 29 foot was too small for their first boat. I think the charter holiday market has raised many people's expectations. That combined with the fact that 21 foot was the usual starter size boat in the 60s and 70s means that there are many many small boats languishing in boat yards that will probably never see the waves again.


It could be that if Nathan wants to keep sailing maybe the easiest way would be to keep Kudu as a day sailor/ weekender for a couple of seasons enjoy her and save up for something a fair bit bigger for the next adventure.
 
moondancer said:
Yes a fin keel in the yard in a dark blue / black colour. Just noticed her as I was walking past and it looked in a reasonable sort of condition. Saw the people sail her last year and she looked quite nice which is why I thought someone will pick up a lot of fun for the money.

But, and I think it sad, it seems that people don't want to start sailing in small boats any more and work up. When we were selling Malbec we were constantly told that 29 foot was too small for their first boat. I think the charter holiday market has raised many people's expectations. That combined with the fact that 21 foot was the usual starter size boat in the 60s and 70s means that there are many many small boats languishing in boat yards that will probably never see the waves again.


It could be that if Nathan wants to keep sailing maybe the easiest way would be to keep Kudu as a day sailor/ weekender for a couple of seasons enjoy her and save up for something a fair bit bigger for the next adventure.
Click to expand...

Yeah I think that's the one. It recently went on ebay for significantly under £1k (but a little more than I could of had her for). A nice boat by all accounts but for me, personally I wanted a Bilge Keeler as it would really suit my needs better.

Well even though i've owned motorboats between 18 and 30 odd feet i've started with a 23ft sailer which I think is more than big enough for me to get started single-handed sailing.

Sorry Nathan to side-track from your thread a little. If Kudu is sailable then I think i'd keep her going through till atleast spring (and get some of your investment back in fun) then you may have a more solid idea what you want to do next and, being the start of the boating season Kudu should fetch closer to what she's worth.

Just another thought to the pot. :D
 
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