Web site on resale value

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keithw
keithw
NSW
190 posts
NSW, 190 posts
17 Sep 2012 10:52am
Is there a web site that I can check resale value of a boat? There is Revs but they want the HIN no.
KeithW
MorningBird
MorningBird
NSW
2711 posts
NSW, 2711 posts
17 Sep 2012 6:19pm
G'day Keith. Take 20-25% off what they are advertised for. Discounts were higher but listing prices have dropped markedly in the last 12 months giving less room for the discount.
When selling allow about 7% broker's commission.
Ramona
Ramona
NSW
7757 posts
NSW, 7757 posts
17 Sep 2012 6:45pm
keithw said...

Is there a web site that I can check resale value of a boat? There is Revs but they want the HIN no.
KeithW


I agree with Morningbird, I always peruse yachthub and allow 20% off listed prices. They do have a sold section but very few people mention their vessel when sold. Resale is basically what someone is willing to pay and these days that's not much. EBay is the only real indicator of resale, they either get a bid or they don't. This week there was a well fitted out Adams 26, newish inboard diesel, superb teak fit out, good electronics, full sail wardrobe, $3660. One tonne of lead in the keel at todays low price of lead of $2.60 is still almost 2/3 of the money this yacht sold for. If your looking at steel yachts think $80 a tonne.

Best not to buy yachts and worry about resale, just enjoy them and when it comes time to move on sell them at a price people are willing to pay.
keithw
keithw
NSW
190 posts
NSW, 190 posts
17 Sep 2012 7:24pm
Thanks Morningbird and Ramona,

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