I think it's time to sell my boat.

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Dustin099

Seaman Apprentice
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After buying my first boat back in February I have found myself over my head. The boat is stored about 15 miles from my home (dry storage) and after I leave the house get the boat and get it out on the water it's been nearly two hours. Then the cost of maintenance, new tags etc.. it's too much for me right now.

Any suggestions on where to sell it other than Craigslist?

Any suggestions for this Craigslist ad? -http://orlando.craigslist.org/boa/2465421199.html
 
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Tahoe 55

Petty Officer 1st Class
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Jul 15, 2008
Messages
226
Re: I think it's time to sell my boat.

Can you store it at your house on a trailer?
 

Ithica DB

Seaman
Joined
Apr 19, 2011
Messages
62
Re: I think it's time to sell my boat.

If you are trying to sell it, it is cheaper to keep it. I sold one in the spring and after all the missed work I estimate it would have been cheaper to donate it or landfill than what I had go through. Sorry I got nothing for ya on this
 

Dustin099

Seaman Apprentice
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Feb 18, 2011
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Re: I think it's time to sell my boat.

No HOA restrictions won't let me keep it here.
 

geeco1

Petty Officer 1st Class
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373
Re: I think it's time to sell my boat.

That's the big brother to my boat. I wish that I had the cash and I would buy it. Tell me though, what kind of speed do you get with the 85hp on your 19 ft boat? I can get about 32 max out of mine with the same engine as yours.
 

'78 Crusader

Chief Petty Officer
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Mar 15, 2011
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Re: I think it's time to sell my boat.

After buying my first boat back in February I have think I have find myself over my head. The boat is stored about 15 miles from my home (dry storage) and after I leave the house get the boat and get it out on the water it's been nearly two hours. Then the cost of maintenance, new tags etc.. it's too much for me right now.

Any suggestions on where to sell it other than Craigslist?

Any suggestions for this Craigslist ad? -http://orlando.craigslist.org/boa/2465421199.html

Doesn't appear as if your heart was ever really into to it to begin with. My boat is stored 18 miles away due to my HOA rules and I seem to find plenty of time to do what I need to do to have a good time on the water. We're not even 1/2 through the season yet and you're done...
 

Dustin099

Seaman Apprentice
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Feb 18, 2011
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38
Re: I think it's time to sell my boat.

Doesn't appear as if your heart was ever really into to it to begin with. My boat is stored 18 miles away due to my HOA rules and I seem to find plenty of time to do what I need to do to have a good time on the water. We're not even 1/2 through the season yet and you're done...

To each their own. I purchased the boat in an impulse decision and have since realized that owning a boat right now is living above my means.
 

JimS123

Fleet Admiral
Joined
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8,282
Re: I think it's time to sell my boat.

To each there own. I purchased the boat in an impulse decision and have since realized that owning a boat right now is living above my means.

There are people that own a boat, and others that are "boaters". I fall into the latter category. I'd do without some "necessities" before I ever gave up the boat. Personally, I wouldn't be caught dead living in a HOA community. I bought my house because it was 2 blocks from the launch ramp. I'm in the water in 15 minutes.

Your ad looks fine to me. CL is a perfect venue in my area. Optionally, you could consign it to a dealer, but you'll pay a hefty commission. I don't know current boat prices in FL - in past years when I looked there the prices were usually much lower than where I live. Your boat wouldn't bring more than $2000 in my neck of the woods. If you get close to that I'd take it and run.
 

Home Cookin'

Fleet Admiral
Joined
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Messages
9,715
Re: I think it's time to sell my boat.

I think yours is a lesson learned for others. Boating can be way more work and time consuming than people realize, and especially just to use it. The efforts you describe, which are not unusual, means it's not worth going out for less than half a day--no half-hour run up the river; no sunset cocktail cruise, no before work fishing. Then in these busy times, how often do you really get that block of time, which also lines up with the weather and everyone else in the family's schedule?
Most boats are way underused, and most boat owners moan about it.

Solutions?
Share a boat with a friend or relative, to cut the fixed costs in half (a lot of people around here don't like that idea; they just need better friends)
Get a smaller boat that's easier and less expensive to launch, retrieve, store--you realize you aren't filling it up with people every trip.
Pay for convenience: a dry slip, a wet slip, something closer, a private ramp. After all, this is leisure; no one wants to waste money but you have to spend it or you are just wasting the buy-in.
Defer boating when you have babies, or children locked in to all-weekend sports, to a time when you are not as over-extended.
Consider the boating clubs
Teach and allow your immediate family to use it (including launch/retrieve) so that it gets used. I love seeing my daughters take off in mine, and encourage my wife to do the same (she's interested but likes me to squire her around). I used my dad's boats as a teenager way more than he did. I also did all the work. he paid.
Get a sturdy boat made for the outdoors so you don't have to waste precious leisure time washing and covering and all that.
Plan your maintenance work to be done long before the season starts.
 

haley

Petty Officer 2nd Class
Joined
Jan 20, 2011
Messages
134
Re: I think it's time to sell my boat.

Dustin,

Sorry things did not work out as planned. A wise man knows his limits.

Anyways - I think you have a very thorough ad. Love the pictures and you make a few key points: aluminum eliminates (reduces?) the chance for structural issues on a boat of this age, and it weighs less than other boats of this length. Both of those were key points when I was looking. My tow vehicle is limited so I have to shop lightweight.

Even at this relatively low cost be prepared to have potential buyers ask for a compression test and/or a sea trial. I would think through your response to those requests. You can't take every Tom, **** & Harry out. Maybe accepting a deposit on agreed upon price prior to sea trial?

As for the extras, I would have held some back to throw in and sweeten the deal. I just sold our mini van. I took what the dealer offered me in trade and the average Craigslist listing and set it at a price in between, firm. I wanted it to go quickly without a lot of fuss. But I found even if the price was more than fair, people will offer less. Would have been handy to have some extras around to help with the negotiations. When I purchased my boat the seller was not thrilled with the final price but I paid extra for a set of skis, giving him exactly what he wanted for them. This really made him feel a bit better.

A prior poster was right. If the first offer is a bit low, still consider it as the one that possibly wastes the least amount of your time.

Good luck with your sale.

John
 

'78 Crusader

Chief Petty Officer
Joined
Mar 15, 2011
Messages
407
Re: I think it's time to sell my boat.

Doesn't appear as if your heart was ever really into to it to begin with. My boat is stored 18 miles away due to my HOA rules and I seem to find plenty of time to do what I need to do to have a good time on the water. We're not even 1/2 through the season yet and you're done...
To each there own. I purchased the boat in an impulse decision and have since realized that owning a boat right now is living above my means.

My point exactly!!!!!!!!!!!
 

Dustin099

Seaman Apprentice
Joined
Feb 18, 2011
Messages
38
Re: I think it's time to sell my boat.

I priced the boat at $2300 so I could work down the price with a serious buyer to somewhere around $1800 - $1900. In regards to some people owning a boat and others being boaters - that is a very true statement. The first month I owned the boat I was on it every chance I had, but as the nostalgia of owning a boat wore off I started to use it less and less. I hope to own another boat in the future, but right now I'm a college student (UCF Finance Major) and working part-time and unfortunately a boat is not practical right now. I've had a few calls one guy wanted to trade for a model T turned hot rod, another says he is going to come take a look this afternoon. The first $1800-$1900 cash will take it, and I would be willing to take a little less if a sea trial is not needed (time=money).

Thanks for all the replies guys. Has anyone had any experience buying or selling a boat via ebay?
 

geeco1

Petty Officer 1st Class
Joined
Jul 16, 2009
Messages
373
Re: I think it's time to sell my boat.

Dustin,

Don't sell too cheap. If the boat is in as good of shape as you say it is, and it looks to be in good shape from the pictures, then I think that you could get your $2300 or more. However, I don't know the market in FL. I paid $1500 for mine about 2 yrs ago, and I knew that it needed a new floor and transom. Yours being 2 ft longer than mine and in better starting shape should warrant a higher price.
 

'78 Crusader

Chief Petty Officer
Joined
Mar 15, 2011
Messages
407
Re: I think it's time to sell my boat.

There are more boat in Florida than anywhere else in the country! I grew up in South Florida........ been buying and selling boats all of my life.

Go Knights!
 

Dustin099

Seaman Apprentice
Joined
Feb 18, 2011
Messages
38
Re: I think it's time to sell my boat.

I decided to list it on ebay as well. I like the idea of the auction format - let the free market run with it and hopefully the competitive nature of bidding will work to my advantage.


EDIT
 
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yabuoy

Seaman
Joined
Jun 21, 2011
Messages
68
Re: I think it's time to sell my boat.

At least you are prioritizing. We all make some stupid and impulsive purchases...heck, some people bought WAAAy beyond their means in the past few years. You're doing the right thing by selling it, getting some dough in your pocket, and not keeping around something thats slowly draining your finances.
 

ezmobee

Supreme Mariner
Joined
Mar 26, 2007
Messages
23,767
Re: I think it's time to sell my boat.

This thread has crossed over into rule breaking territory (selling/advertising). Closed.
 
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