What is it Worth?
 

I have been admiring the lines on a boat in my local marina for
several months now. Well, today I spotted a for sale sign for it on
the scuttlebutt board. The boat is a 1979 SouthCoast 23 in what looks
to be average to a little below condition. Standing riggings looks ok
and most of the running rigging will do for another season or two it
appears. There are 3 sails (main and 2 jibs (said to be in good
condition). There is no outboard. No trailer is included. I'm
looking for a ballpark figure on what such a boat should go for.
Owner is asking 4K and this seems a bit much to me when I compare this
price to other makes of similar size. I checked NADA online but the SC
23 isn't listed.
It has such great lines!
Appreciate any thoughts on valuation.

What is it Worth?
 

Glenn,

Offer him something lower than what the ask price is. A new engine
for that boat will cost more than the boat is worth not to mention a
new trailer (you could buy a used engine and trailer as well). Does
all the equipment and instruments (if any) work? If the owner does
not demo anything you need to assume nothing works. I bought a '78
Catalina 30 last yr. assuming everything did not work and I was right-
I also got the price down to almost 1/2 of what he was asking so I
made up for it and now have a great boat with a lot of new upgrades.
Check this site out for similar boats for sale and see what the asking
price is: http://boats.soundingsonline.com/newadsearch.html

Also do a google search on the net and you should find the same boat
for sale somewhere else to get a feel for its value.

Good luck!

Rob

(glenn) wrote in message . com...
I have been admiring the lines on a boat in my local marina for
several months now. Well, today I spotted a for sale sign for it on
the scuttlebutt board. The boat is a 1979 SouthCoast 23 in what looks
to be average to a little below condition. Standing riggings looks ok
and most of the running rigging will do for another season or two it
appears. There are 3 sails (main and 2 jibs (said to be in good
condition). There is no outboard. No trailer is included. I'm
looking for a ballpark figure on what such a boat should go for.
Owner is asking 4K and this seems a bit much to me when I compare this
price to other makes of similar size. I checked NADA online but the SC
23 isn't listed.
It has such great lines!
Appreciate any thoughts on valuation.

What is it Worth?
 

glenn wrote:

I have been admiring the lines on a boat in my local marina for
several months now. Well, today I spotted a for sale sign for it on
the scuttlebutt board. The boat is a 1979 SouthCoast 23 in what looks
to be average to a little below condition. Standing riggings looks ok
and most of the running rigging will do for another season or two it
appears. There are 3 sails (main and 2 jibs (said to be in good
condition). There is no outboard. No trailer is included. I'm
looking for a ballpark figure on what such a boat should go for.
Owner is asking 4K and this seems a bit much to me when I compare this
price to other makes of similar size. I checked NADA online but the SC
23 isn't listed.
It has such great lines!
Appreciate any thoughts on valuation.

I sold my SC 23 for 9500.00 Canadian 15 years ago. It had a
trailer, porta pottie, and a near new 3.5 Suzuki. I redid the
inside with luan panelling, and built a very nice galley foreward
starboard side out of verola. I bought it a genniker, it came
with 2 other jibs, and one baggy old main, which we reefed early
and often. I modified the trailer so it had a removeable section
midships to allow lowering the centerboard for maintenance while
the trailer was jacked up. Just a bunch of nuts and bolts,
really.

I bought it in Florida, trailered it home to Fredericton, paid
duty, tax, etc and kept it for about 7 years. I paid about
3900.00 US for it in Florida, with a very tired old Chrysler, and
a very bad dishrack on the overhead exactly where your head
ducked while coming below. Had to make a skirt for the pop top.
Had only a compass and an old depthsounder. I probably should
have bargained harder, but this all happened the day before we
were scheduled to go back home.

Be very particular about c/b cable maintenance. Examine the
pivot bolt glasswork carefully. I had to reglass my trunk pivot
bolt hole and sacrificial catch bolt holes after the cable let
go, dropping the board from full up to crash down in deep water.
Scary? Yup. Thought we had had a waterquake or struck a mine.

Loved the boat.

Condition is more important than everything else. Our hull was
smooth as the babies' bottoms even after spending 5 years in Fla
waters, tied to a dock. Musta had a layup chief who knew the
recipie for durable polyglass.

--
Terry K - My email address is MY PROPERTY, and is protected by
copyright legislation. Permission to reproduce it is
specifically denied for mass mailing and unrequested
solicitations. Reproduction or conveyance for any unauthorised
purpose is THEFT and PLAGIARISM. Abuse is Invasion of privacy
and harassment. Abusers may be prosecuted. -This notice footer
released to public domain. Spamspoof salad by spamchock -
SofDevCo