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Used Boat Prices ?!?
Hi Guys & Gals,
I'm sure you've all had experience buying boats. I'm seeking advice on how to understand used boat prices. The 2005 Guide to Powerboats has a listing of used boat prices showing Low Retail and Average Retail prices. The online NADA Used Boat Prices shows retail prices which you can customize by dialing in all the features and options on a given boat. Here is where the problem comes in: The boats for sale at brokers - in the brand and model I am looking to purchase - are listed at around DOUBLE their official pricing on the price rating lists. =A4 Is this due to a Poker style "bluff" of the sellers trying to push people to make higher offers? =A4 Is it due to the brokers trying to swindle unexpected first time buyers who don't know the market? =A4 Are the Price Guides totally off base when it comes to real market prices? I've heard that today we are in a "buyer's market". Is this a myth? Or is it only true for certain boat models/sizes/ages? Is it normal to find prices on 10-year old boats above their prices BRAND NEW in 1995 ?!? Basically, I'd like to make offers on boats which correspond to the official pricing on professional lists. Do Brokers have an obligation to communicate my offers to sellers? Can I write a seller a letter, explaining my offer, and will it reach the seller? Or will the Broker just put it in the shredder? Do I need to send it notarized and by registered mail, just to make sure it reaches the seller? Or should I hire a BUYER'S BROKER to defend my interest... and possibly jump into the snake pit? Your mystified rec.boats.cruising buddy,=20 Rich |
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