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(no email)
Date: Wed Dec 08 2004 - 16:29:07 EST
James B has obviously bought and sold a few boats based on the quality of his suggestions!!
Another thing I'd add in addition to his remarks about watching the boat for a few months to see if it gets sold - the boat owner is sitting there with your offer in hand while slip fees/yard storage fee's keep coming due and require payment - and even my 27' in a inexpensive marina was costing me over $1400/year for a slip!!
Time is truely on your side! And this time of year is notoriously slow for boat sales! People are thinking about Christmas and snow - not sailing.
;-) Good luck -
Sincerely,
Larry T ('74 911, '67 MGB, 27' Catalina (sold)
A Blood Test for your oil - www.youroil.net
For Test Results http://members.rennlist.com/oil
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----- Original Message -----
From: Baumgart, James
To: ''
Sent: Wednesday, December 08, 2004 1:49 PM
Subject: RE: [world-cruising] Buying a boat......
MAC, it doesn't cost you anything to make an offer. If you like the boat,
make a low one. Its always best to be polite, tell them you love the boat
and that $xxx is all you have. Let them make a counter offer. If you are
polite and sincere and can't do business, tell them to keep your name and
phone number on file. Having a boat for sale for a year may make them
reconsider.
Owners universally over-estimate the value of their boats. The boat will
sell for what the hull and machinery are worth. Owner mods count for only a
little. New engine, new through hulls, new bilge pumps, a big suite of
brand new electronics, new sails, new rigging, new ground tackle, new head,
now those are mods that are worth paying a little extra for. New curtains,
new stove, new table, new cushions, new estehtics, these should be higly
discounted.
Keep an eye on the boat. If 6 months to a year passes and its still not
sold, call the owner back. Renew your offer, or make a new (lower) one.
Always remember, its far easier to buy a boat then to sell one.
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