To sell or not to sell, this is the question.

[c_j]

The boat is not up for sale but I have just had a phone call asking if I would like too sell. The price is around (slightly higher) than I paid a year ago (it was a bargain then) but selling will mean that I am without a boat for a while, at least until I can find the same or similar boat slightly newer (slightly bigger). I will be paying for my berth whilst emptyand have to go through all the rigours of buying again (the good and the bad). I suppose it would be an opportunity to trade up to a shaft drive flybridge but I like the speed and layout of my boat and it is immaculate, so, what would YOU do?

Chris

CJ
chris@stone.uk.com

 

[BarryD]

Does the price reflect what you done to the boat in the year, beyond normal service / operating costs? If you are happy why sell? Finally - I'd make sure that the price differential covers the marina charges for at least nine months...

Having only just got a boat for the first time - I really know nothing!

Barry D.

 

[KevB]

I guess selling the boat now means you don't have to worry about it over the cold winter months and with the money in your pocket puts you in a good bargaining position when all those second hand boats come onto the market after the London boat show.

 

[jfm]

Very cold calculated answer on marina cost

Ignore the fact that you will be paying for a totally empty marina berth. It is not relevant to the decision, it's a sunk cost, you would have paid it anyway.

All that matters is price for old boat and whether you want to change boats. You kept saying "slightly" in your post, in which case seems not worth it?

 

[Guest]

Re: Tip!!

Wow, is this normal? Nobody has ever tried to buy my boat/car sans adverts (and not many with). He must want it very badly indeed to pluck up courage to offer.

soo....he's obviously up for a bit more, and you know you want a bigger boat. Ignore sunk costs as jfm says, and anyway can't you sublet?

Course, we don't know what the boat is. Must be very fab to attract an offer in nasty nov weather....um which means that it might get more in the spring. Nah. Sell it.

 

[ari]

What would I do?

Depends what it is!

If it were a 30ft+ boat with a pair of huge petrols from a crappy or no longer in existance builder I'd rip his arm off while I had the chance.

If on the other hand it were something v saleable like a Fairline 33 Targa with 200hp diesels loads of kit and in immaculate condition I'd figure I shouldn't have too much of a problem shifting it and so would sell it at my leisure when I wanted to.

As to the paid up berth, well it is going to cost you that whether you sell your boat or not surely? Incidentally I am lead to believe that if you sell your boat MDL now will "freeze" your credit and put it towards a berth in the future when you buy your next boat. Anyone else come across this?

Ari.

 

[Guest]

Almost everything is for sale at a price.
I am sure there is a figure in your mind where you would snatch a blokes arm off. If so go back to him with this figure, and if he really wants it then he'll buy at that price (or close to), and then you are both winners.

If not then you keep it, and only he loses out.

 

[petem]

Premier also offer a berth holiday type arrangement.

 

[Deleted User YDKXO]

Sell it, Chris. Its very seldom you make money on a boat and you might as well take a sure profit now as a theoretical one later. Just think - no maintenance costs over the winter either. Spend the winter making stupidly low offers on shaftdrive flybridge boats and see if you can pick yourself up another bargain

 

[c_j]

Thanks for all the advice.

Prospective purchaser looking over it on Sunday.

Still not completely sure but to sell make sense.

CJ
chris@stone.uk.com