How to price an exceptionally good old boat?

[tpenfield]

Re: How to price an exceptionally good old boat?

NADA - ( FWIW ) - has a number of about $1500 for the boat in good condition. so $2500 - $3K might be a reasonable expectation, based on your description of the condition. I think $4K will be a stretch, given it is a 1980 boat.

 

[bruceb58]

Re: How to price an exceptionally good old boat?

NADA - ( FWIW ) - has a number of about $1500 for the boat in good condition. so $2500 - $3K might be a reasonable expectation, based on your description of the condition. I think $4K will be a stretch, given it is a 1980 boat.

I looked it up and got $1685 for average retail including trailer. I didn't see 188 so I used 182V.

I just bought my 2006 pontoon for below the average retail with an engine that had only 80 hours on it.

I will stick with my $2k max estimate from before.

 

[agallant80]

Re: How to price an exceptionally good old boat?

I think when something gets to a certen age book value does not apply. Its worth what someone is willing to pay. With that said you could have a compelling story with its great condition for a higher price tag especially to someone getting in to boating that does not have allot of money to spend on a first boat.

Yeah you would spend the same amount and get something newer but my boat is in such great shape for its age I doubt you will find something newer in as good of condition, you will just be spending more for "newer" and we know "newer" does not mean more reliable or better condition.

 

[bruceb58]

Re: How to price an exceptionally good old boat?

Question for the OP...are you sure of the model number and the year, because Nada doesn't show 188 in 1980. They do show 188 in 1981.

Not sure that will matter much and Nada has been known to be wrong with model numbers.

NADA is just a guide. The boat(Wellcraft) in my signature had an average price of $28K when I bought it for $22K.

 

[JimS123]

Re: How to price an exceptionally good old boat?

After reading your first post, if I was in the market I would have gladly given you $4k for it. After hearing the floor was replaced, I wouldn't even bother coming to look at it.

 

[greenbush future]

Re: How to price an exceptionally good old boat?

If you can find a good location to park your boat for a while, and near the lake on a warm sunny spring day, you might find a buyer that likes the looks but is completely lost when it comes to buying older boats. That would be one way of getting a little more. Really depends how well it runs and shows. Springtime will usually be your best season to get top dollar. Especially if you throw all the running gear in so it's turn key.
Throw some picture up here, you will get tons of opinions. Remember not everyone knows what we have shared here about aged boats and what to look out for.

 

[Macfarms]

Re: How to price an exceptionally good old boat?

yea Nada don't know much. It is a 188 deep V , 305 4barrell,

 

[Jim Hawkins]

Re: How to price an exceptionally good old boat?

Well, my opinion is that what it comes down to is if you want top dollar you have to SELL the boat, sell as in salesmanship.

Put together pics of it through the years along with it's history of service.
Clean it and buff it to perfection.
Make sure everything is working, every gauge, every light.
If possible have it in the water and ready to be put through it's paces.
Make a list of every feature it has for the buyer to compare with other boats.
Make a list of everything that goes with the boat, anchor, life vests, lines...
If it has a Bimini or cover make sure they are clean with no holes.
Have all the paper work together including title, owners manual, brochures etc.

You probably already have a number in your head of what you would like to get realistically, go with that and remember if you sell it for less than what you think it's worth your helping someone, maybe a first time boater, to a good deal.

 

[bruceb58]

Re: How to price an exceptionally good old boat?

yea Nada don't know much. It is a 188 deep V , 305 4barrell,

Are you sure it's a 1980 and not a 1981?

 

[rivermouse]

Re: How to price an exceptionally good old boat?

Here is a helpful hint to remember.........Glass will deteriorate with age BUT metal doesn't...

 

[Jim Hawkins]

Re: How to price an exceptionally good old boat?

Here is a helpful hint to remember.........Glass will deteriorate with age BUT metal doesn't...

???

 

[smokeonthewater]

Re: How to price an exceptionally good old boat?

hmmm so I wonder what leaky rivets, corrosion, stress cracks, and metal fatigue, are all about ???

 

[tpenfield]

Re: How to price an exceptionally good old boat?

Here is a helpful hint to remember.........Glass will deteriorate with age BUT metal doesn't...

Yes, I think there is a different word than deterioration . . . I think it is called fatigue. Everything has its pluses and minuses

 

[SigSaurP229]

Re: How to price an exceptionally good old boat?

Its all about care and maintenance, doesn't matter if it is a glasser, a tinny, or a wooden boat.

 

[tazrig]

Re: How to price an exceptionally good old boat?

It all has to do with finding the right buyer and most of that is just luck and chance. For what you could get for the boat why not just keep it? You know what you have and as you point out even if you sold it for top dollar, in that price range you aren't likely to find a replacement with the same quality.

 

[smokeonthewater]

Re: How to price an exceptionally good old boat?

Here ya go.... came across a comp for ya today

an old boat with exceptionally clean interior with a pretty high price for it's age

1974 Bonanza Run About Trade???