So, who has achieved the greatest %age discount from sale price when buying a boat.

I think Elessar with his Sealine got a cracking deal. OK, he has done a lot of work on her to bring her to a great standard, but in terms of discounts, iirc he got 50% ish off the original price?
 
rafiki_ said:
I think Elessar with his Sealine got a cracking deal. OK, he has done a lot of work on her to bring her to a great standard, but in terms of discounts, iirc he got 50% ish off the original price?
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I think its fair enough to expect money off a boat that needs significant work but where the cost of that work is not reflected in the asking price. Money off due to defects is not really a discount.
 
MartynG said:
I think its fair enough to expect money off a boat that needs significant work but where the cost of that work is not reflected in the asking price. Money off due to defects is not really a discount.
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All used boats need some degree of work, rectification and personalisation. It needs a sanity check sometimes to ensure that the deal works for everyone.
 
MartynG said:
So .. if I have a budget of £80k does that mean I might be looking at boats advertised in the region of £100 to £115k range and offering £80k ?
Or perhaps I should save myself some expense and look at boats advertised for £90k to £100k and offer £70K ?

I find it srprising that people are prepared to accept any more than about 5% off the asking price for a boat in well presented condition. Perhaps it is a matter of making numerous offers until a desperate seller is found?

.
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Well £10k should cover a years ownership costs. It is the cost of owning a boat rather than the purchase price per that keeps me away.
 
I put my boat up for sale considering that people might want a discount, so I allowed a bit in the price for that. Then when I had no takers I reduced it to what I thought was a fair price. (compared to others on the market) However that didn't work, I have not even had silly offers. Unless the Broker has just not told me about them. So my boat must be the wreck from hell or there are just no buyers for the type/age/price.

Shame really as she has never ran so well, but we dont get time to use her due to starting a 6 day p/week business.

Even if I sold at the asking price I would actually feel I didn't get a good price once the commission is taken out of the deal. So discounting further would tend to make me consider keeping her.
 
"I find it suprising that people are prepared to accept any more than about 5% off the asking price for a boat in well presented condition. Perhaps it is a matter of making numerous offers until a desperate seller is found"

The is no " fair " price for a boat.

The seller wants a price that he thinks will recover as much as possible the cost of buying and mantaining his boat, preferably with quick sale so he can move up or out of the market.
The buyer wants as much boat in as good condition as he can get for his money.
There will always be two types of buyer,those perhaps badly affected by the rush of insanity :) that comes with the desperate urge to buy their first boat as opposed to those hard bitten old timers,who having gone through the market will patiently select the best boat for their purposes and only offer the money he has to spend.
One of these buyers is more likely to offer a lesser amount on the same boat.
 
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paul salliss said:
A silly posting, my answer is why on earth would I share that data on a public forum, that would be stupid
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I think it's very useful information for both potential buyers and sellers to know what the market is doing.. Also that's the point of these forums, to share information that may help each other out..
 
A lot of people trade boats in a part exchange it's hard to therefore establish what discount you ACTUALLY received as it becomes cost to change. If buying straight out again there are many factors that mean that it is in reality hard to work out how your discount on one brand really compares to someone buying a new boat that may be a different brand and for example 200k cheaper, plus I think it's a bit crass to talk about this stuff on line, that is just my personnel opinion.
 
paul salliss said:
A lot of people trade boats in a part exchange it's hard to therefore establish what discount you ACTUALLY received as it becomes cost to change. If buying straight out again there are many factors that mean that it is in reality hard to work out how your discount on one brand really compares to someone buying a new boat that may be a different brand and for example 200k cheaper, plus I think it's a bit crass to talk about this stuff on line, that is just my personnel opinion.
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Yes, I agree that every sale is different and every boat has a huge number of factors that affect it's value to the parties involved..

If we were talking actual numbers then I would agree that it's probably not for public discussion but we are simply talking percentages.. There is no indication as to the boat in question being worth £100 or £1,000,000+.. In my mind it's no different to discussing mortgage rates, savings rates, product discounts or anything else percentage related.. Each to their own I guess.. :)
 
"Silly posting." " Crass to talk about this stuff on line."

Thanks to all who contributed. I am glad some folk got something out of it. I certainly did.:)
 
I find threads like this quite bemusing.

Given the numbers involved you'd assume potential owners were in the upper percentile of intelligence but it seems not to be the case.

To know what percent discount someone got is useless. It has no bearing at all on your particular purchase.

If you're really that thick:

Princess 50 for sale. Very good condition, includes full tanks of diesel, a fridge full of champers and a Porsche 911 to get you from home to the marina (next year's moorings all found). £ 2 million.

STOP PRESS - motivated owner offers unprecedented deal, an incredible 51% discount. £980,000

A chance to earn bragging rights of the decade on your favourite forums. 51% discount. Be the envy of your friends and for ever be known as the Duke of Discount.

Henry :)
 
I find it amazing that people who have got nothing to contribute to a post bother to reply.
Ah well, back to F1 and Moto GP.
 
Never mind F1 I'm pacing around the room to see how Andy Jordan does in BTCC. I've known the Eurotech team for a while and they are so worthy of the championship.

My post might be tongue in cheek but I would respectfully argue the content is entirely relevant.

You claim to have failed miserably in the opening post but what it could mean is that you have bought a superb boat with fantastic resale and found a stunning deal which would be the envy of all of us.

Henry :)
 
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henryf said:
Never mind F1 I'm pacing around the room to see how Andy Jordan does in BTCC. I've known the Eurotech team for a while and they are so worthy of the championship.

My post might be tongue in cheek but I would respectfully argue the content is entirely relevant.

You claim to have failed miserably in the opening post but what it could mean is that you have bought a superb boat with fantastic resale and found a stunning deal which would be the envy of all of us.

Henry :)
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I wouldn't go into a car dealers and ask for a 35% discount at the moment.. But just a few years ago that is what they were offering (even 50%). What this thread gives me is the confidence to offer a lot less if it is appropriate and to recognise when it isn't appropriate.

It also informs me how the market is right now. Totally relevant and sensible thread.
 
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Cheers Henry.
Complete change of tack - are you related to a former Lotus F1 driver. ?
We now have a former F1 driver at Cobbs. Used to drive for BRM and Ensign. Still racing today. Care to guess who ?

[Apologises for this non boaty insert into my post ]

BJ
 
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