Is the price fair?

[smalleychaser]

I have a 1979 19' Hydrasport Fish and Ski with a 115 Johnson that runs great, newer bass seats, flush mount pedestals, 2 modest fish finders, newer minkota 55 lb trolling motor, bearings on trailer replaced with bearing buddies, all trailer lights work, all gauges work, livewell, beilge pump all work. The trailer needs paint and new carpet on runners, boat seats are mainly coming apart and needs carpet replaced. I'm asking 2700.00. Does this sound fair?
Thanks.
If interested I'm in Lex and with a little time can have pictures.

[buzzking]

sounds very reasonable, I wouldnt take less than 2400-2500, its def. worth that to somebody. Just may have to wait for the right buyer.

[Danny]

The definition of a fair price is the same definition of a good deal.

If you and your consumer (buyer) are both happy, you have a fair price.

Sometimes it is better to not set a price, but try to get people to look at your boat, and get them to set the opening bid. Sometimes they will offer you more than you ever intended to ask. When that happens you should make sure to counter with a little higher price. If you get even more, and you can feel OK about it, then you still hit upon a fair price. If you think the offer is too high, and you think you will feel guilty, then even though it is more than you wanted, it wasn't a fair price because of the guilt you feel.

Selling and buying is really an art, not a science. you have to be able to read the people you are dealing with.

If you ever want to discuss the topic in private, email me through this site using the icons at the top to send me an email. I usually check it every couple of days at least, unless I am just out of pocket.

Good luck,


Tight lines and God Bless

Danny

[basslure]

I agree with Danny, The boat might be wirth 2500 to you and to the buyer it might be wirth 3000. set a price at what you feel is best and then try to work a deal. when i was younger i purchased a modified jon boat that was simular to the older bass trackers in ways i offered the man 1000 and he took it i found out a month or so later that he only wanted 850 for it. But i didnt feel bad about it because i thought it was wirth a 1000. he offered me 150 back but to me it didnt matter cause to me it was wirth a 1000.I still have that boat.

[artcarney_agr]

How strong is the transom and hull? You'd be amazed how many people don't inspect that! When it comes to buying a boat, crawl under it! It usually makes the seller uncomfortable....not sure why but it's hilarious! As a seller, MAKE the buyer crawl under it, it boosts their confidence on how good the boat is! I received more money on the boat I sold because of it, and it wasn't really worth what the guy paid! Like Danny said, don't name a price unless you have to!

[fishhunter]

good luck trying to get people to look and offer you the starting bid thats somthing that would never come out of my mouth, I dont think ive ever went to buy something without knowing the asking price first.my two cent worth.again good luck selling the boat.

[easy_13]

Of course I haven't seen it, but honestly, I can't imagine paying that for a 27-year-old boat.

I looked it up on the NADA boat price guide (link below) and came up with approximately $1,450 ($1,000 for the boat, $190 for the motor, $250 for the trailer). The prices for Hydrasport only go back to 1981 on that site, and they didn't have a 19-footer to choose from, so I used an 18-footer. The prices for the motor and trailer are from 1979, however. That price is probably high, too, considering you say the seats and carpet need to be replaced. A good friend of mine refinishes boats for a living. He normally charges $650 and up to replace carpet.

http://www.nadaguides.com/Values/Val...&zipcode=40502

[smalleychaser]

$190.00 for a 115 Johnson that runs great and has never let me down? WOW!!!!! I'd pay that all day if anyone has one.
I appreciate all the comments.
Yeah the seats and carpet need replaced but two years ago I had this boat gone through completely. Had everything fixed, several things replaced and wrote a check for $1400.00, including new 8 ply trailer tires. Yeah its 27 years old but reliable, very water worthy and would make a fisherman on a budget a great boat. I think putting a price that I want on it up front atleast lets a person know where they stand if they are interested.
Again thanks a bunch guys.
TC
PS> The transet and hull are in good shape from what I been told by my boat man.

[artcarney_agr]

As far as the NADA pricing goes, I don't think it includes pricing for upgrades...it assumes everything is original, but in excellent condition. NADA even states in its explanation of the price that a boat can be valued considerably higher if it is found to be in a much better condition than it would if everything was original. As far as the motor value goes, it would be valued at about $190.00 based on it's age and that it has been used the annual average amount. Based on the risk associated with an old motor and the amount of depreciation, the value is right on. If that motor were brand new today, it wouldn't bring much because it was made with old technology and the materials aren't made to the tighter specifications and standards that are used in today's modern motors.

I believe a well taken care of and well maintained boat should bring a higher value than what the NADA website lists. Also, a boat with very little usage should bring more money than it's book value (just like an old truck with very low mileage). I think NADA values become insignificant once you pass the 10-year-old threshold.

Just my opinion.