second hand prices

[gjgm]

Have to ask after reading similar post over on other forum. (think I ll get oldgit to buy my next boat for me !)
Accepting popularity of certain models,condition etc etc, what are people's own experiences of purchase paid versus asking price. Lets say 25-50K pound boats.
Id always rather assumed up to 10pct was viable, but is it really commonly a much larger discount? Must be plenty of experience out there....

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[TwoStroke]

Not sure about £25k-£50k, but do know on mine I got 18% discount + trailer FOC. /forums/images/icons/wink.gif

<hr width=100% size=1>How much to fill'er up!

 

[Plan_B]

My previous boat - Jouet 920 (french saily boat), up for £23.5k. reduced to £22k after a few days due to lack of interest. I offered £20k subject to survey. broker said don't be silly but vendor accepted. Survey found lots of things wrong, things worn out - general lack of maint. and TLC. Reduced my offer to £17.7k. Owner withdrew. Broker phoned back a week later asking was I still interested. Paid the £17.7k fixed the boat and put it on the market 4 years and many miles later for £25k .
Sold for £22.6 after buyers survey.

Dave D

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[Nautorius]

I got 6K off my last boat. Advertised for 35K and I bought it for 29k. I did have to buy it out of season though! I've found that if you buy in May & June you will struggle with big discounts unless the old owner has a new boat coming. If you buy in Dec & Jan you can get a great deal.

N.

<hr width=100% size=1>Will I ever find the perfect boat?

 

[andrewbarker]

Asking price £40k. Eventually paid £20k after longish haggling. Spent another £10k on sorting. So about 25% off. A lot depends on the tidiness of the boat in the first place. Obviously lots of TLC means desirable boat & more punters in the market so firmer price.

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[oldgit]

Helloo.This is def. best bit of forums for this sort of thing.
Boats are only worth what people are prepared to pay for them.If you are absolutely rolling in dosh than read no further. I think you need to decide on the type of boat you want rather than an actual example then find one that has been up for sale for a bit, put in your offer and walk away.Ignore anything the broker tells you about price not dropping that much etc.If someone else comes along with asking price then good luck to them.Sooner or later the boat will come along at the price you want to pay.Bid as low as you dare.All the seller can do is say no.

<hr width=100% size=1>Two boats please one here n one in the Med

 

[petem]

I once heard of a Targa 43 (smaller engines) up for £225k, sold for £175k.

<hr width=100% size=1><A target="_blank" HREF=http://www.FairlineOwnersClub.com>Fairline Owners Club</A>

 

[oldgit]

Blimey that enough to buy a Pedro or summat to phut phut on the Thames with and still leave you with enough for a tin of WD40 to stop it a going all rusty.

<hr width=100% size=1>Two boats please one here n one in the Med

 

[studgies]

my boat was on for £32k and I paid £25K, but that was because there were some problems with the boat in that it was not performing up to spec, one of us is a mechanic to trade so we were taking a calculated risk but it has paid off as the work only cost us £500!

People always put boats on for ovely optomistic prices!

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[h4nym]

Cinnamon (or Pendjari (ugh!) as she was called then) was on the market for 54k a few Junes ago. Owner was ill etc etc.
We offered 36.
Broker came back with 50
We raised a full 500 quid to 36 and a half and a promise to complete same day
Broker came back after a few days with 45 and that was his final offer!
We went to 37 and a half, and I could sense blood!
After much umming and ahhhing, I raised the bid to 38 and got the deal.

Took about a fortnight all in. Had to spend a good few bob getting her up to and through the Boat Safety Scam but that was our choice of where we wanted to keep her.

Only yesterday I got an eMail offering me the .com version of a .net domain that my company owns. $225 was the asking, I offered $100. Eventually agreed on $140.

So - the moral of the story is... and I'm an Arab.... 'aggle 'aggle 'aggle and be prepared to walk away! If you can't get a third off, you probably can elsewhere!

H

<hr width=100% size=1>Life balance?

 

[DavidJ]

I lived in India for a few years and one thing I experienced was how to haggle. Us Brits are too embarrased to offer a stupidly low amount....not so in India. If a car (as an e.g) is on offer for say £10k then £3k would be a first offer. This gives a very clear signal that we are not looking for single figure % discounts. Also when a figure is agreed, keep haggling (I know, not very British!) right up to the time you hand over the cash.
You don't make friends this way but you might just get a cheap boat.

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[Rob H 37]

TwoStroke

I'm new to this - what kind/price of boat did you get the 18% and trailer on?

Can you expect similer discounts on new boats?



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