Is the price fair?

[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.