Is there a black book for sailing boats?

[Sneaky Pete]

When one is searching for another sail boat there appears to be a wide variation in prices from one broker to another. Boats of similar manufacturer, model, inventory and year vary by many thousands of pounds and it is difficult to see where this disparity lies. The car trade has Glass’s price guide and CAP black book is there such a publication for second hand boats or should there be. What are the rules for putting a value on a boat?

 

[Aja]

Indeed there is

a link was posted here some time ago to an on-line broker's site. It was very quickly pulled by Admin.

Regards
Donald

 

[Twister_Ken]

A car is a car is a car, whereas a boat can be a dog or a pearl.

 

[jonic]

No, there is no trade guide. Don't compare to cars because the volumes are so much smaller. Secondhand cars sold by car dealers are also being traded. i.e the car dealer is buying them himself then selling them on at a profit. 99% of the time with secondhand yachts they are not owned by the broker but are being sold on behalf of the private owner.

Therein lies one of the reasons for price variations. As they are privately owned some prices will depend on the owners needs or circumstances. If he needs the money quick the price will be lower. It can take up to a year to sell if there are many similar models for sale at anyone time, so a lower price will move it faster. There is no hard and fast valuation but we start with average prices at the time. Factor in prevailing market trends, survey condition, location of the boat, quality and quantity of inventory and you have a lot of variables.

The site referred to above is a site we use that is provided by Yachtworld. It is subscription only and shows asking prices, time taken to sale and the difference (if any) between asking and final selling prices.

 

[Phideaux]

You can get an idea of prices from the Yachtnet archives http://www.yachtsnet.co.uk/archives.htm where they give examples of all the boat types they've sold with a price guide.

 

[Ubergeekian]

a link was posted here some time ago to an on-line broker's site. It was very quickly pulled by Admin.

Why?

 

[Bosun Higgs]

Why?

Who takes pages of adverts and who would lose out on the 8% if we knew what they knew?

I once did an exercise to look at second hand boat prices, made up a list of several years worth of past YM private adverts for the boat I was looking at and (perhaps cheekily) rang every one of the advertisers to see if they had sold.

Surprisingly every one was really helpful but the result was very clear cut. Only those boats that were prices attractively had sold and that was less than half. The few exceptions were boats that stood out as being a bit special.

So my suggestion would be to consider only those with attractive prices and then go for the best condition ojne.

 

[Quandary]

[QUOTE a link was posted here some time ago to an on-line broker's site. It was very quickly pulled by Admin.

I remember that, someone posted about three different passwords which you could use to access the brokers information without paying the subscription, I admit I could not resist it for the short time it worked, I hope that it was not identity theft but suspect it may have been. You could specify a model of boat and the history of all the asking prices and selling prices was revealed.
Not surprised that it was soon pulled.

 

[jonic]

Who takes pages of adverts and who would lose out on the 8% if we knew what they knew?

Sorry Bosun but with all due respect that is total fabrication on your part.

I am a broker who uses the system. Its part of suite of tools provided by yachtworld to it's broker members.

Yachtworld is a paid membership scheme providing web design, marketing, website tracking software, brokerage advertising and various admin and communication tools to brokerage offices.

It is a PAID service. Somebody hacked or stole a password and user name then posted it here. If somebody hacked or stole your bank password and user name or even just your email account log-on and posted it here for all to use, don't you think it would be taken down pretty quickly too? It's identity theft.

The sold boat section being discussed here does not contain anything that would make someone "lose 8% if we knew what they knew". I use that information with my clients totally freely. It is one of many factors that allow us to value a boat and decide on what region of the world we should focus more advertising spend.

The market ultimately sets the price as you discovered in your research.

"Only those boats that were priced attractively had sold"

The sold boat system allows us to have the database in one place rather than endlessly ringing around far flung offices. It is limited by the fact that it is totally voluntary and only refers to listings on Yachtworld, but can be a useful guide. I find the length of time taken to sell of more interest.