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#1
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On Mon, 21 Mar 2005 14:20:39 -0500, "Dr. Dr. & Mr Karen Grear"
wrote: There is an old saying about Brokers. "You can tell if a broker is lying if his lips are moving." And the only difference between you and a broker is you're a pretty good ventriloquist. bb |
#2
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Wow Harry, that $40k price spread between used boats sure sounds a lot
like what I've been seeing! Who can say that brokers use an average of real past prices to choose their numbers. Sounds more like they make it up as they go along, testing the waters for whatever the market will bear, no fools refused. grin Glad that your idea of restoring an older boat passed as it didn't stick - nothing worse than investing your time and money in the wrong boat at a time when used boats aren't selling. But are they selling or not? Does anyone know the numbers? Possibly we're seeing a strange market phenomena: Fewer new boat sales than the market demand would otherwise prompt, due to unreasonably high prices. Maybe a new generation of Marketing MBAs getting hired by boat builders to raise their margins and profits? This would mean that even if new boat sales are numerous, they could have sold many more at a friendlier prices. By raising their margins and thus financially limiting the volume of new sales, they've created a modern monster: the new boat buyer looking for a NEW USED BOAT. As some such boats exist, and have always commanded a healthy premium over the price of worn and tattered boats, they fill this gap. This would mean that they are no longer as before compared to used boat prices, but instead to the higher and higher new boat prices which pretend to promote etheral intangibles such as lifestyle change and other imaginary necessities magically bestowed upon their owners. Newborn harbor Easter bunnies are apparently hatching from chocolate eggs and hunting down dockside campers with plenty of glitzy plastic and varnish. Marina cocktail lounges, see what I can do cruisers, watch me go sportboats have apparently become a desirable addition to 2.5 kids and the mandatory SUV. Ocean loving boaters, move over, or find yerself a beater to fix up with loads of cash and TLC. The fresh and reasonable used boat has become a fiction from the past. Unless you like to pay sensibly more for a used boat than you would have paid for a new one only a few years ago. In a boat owner's forum I am a member of, one poster was thrilled that their 10 year old diesel engines were appraised for insurance purposes at a higher price than when they were new, and this wasn't at replacement cost. Apparently the Marketing MBAs have infiltrated the entire boating industry, replacing honest and sensible pricing with reasonable margins with hit 'em with ever higher prices, who cares about making more sales and having more happy customers if you can claim to be making more short term profit. round of applause But Harry, as you said, prices are negotiable, and this boy is getting ready to play some tough snooker, brokers beware. If one says he is Bob Krause the second, I'll cut him some slack. But others out there, you ain't seen Lowball played this hard in a long time! Those small good faith deposit checks are going to be raining on you - and you guys are going to have to start working to earn an honest livin'.grin I will NOT pay the inflated salaries of worthless marketing vultures and subsidize bloated advertizing budgets by buying a new boat. And I'm certainly not about to accept the consequences on the used boat market of their insatiable appetite for profit. If I don't find a decent used boat - at normal banking/insurance/buyer used boat guide pricing - there will be NO SALE. And no, Gould, I will not throw away the price guides. Rich |
#3
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Gould - I owe you.
QUOTE: "As far as sending earnest money to out of state brokers you have never met and for boats you have never seen.......don't do it, please. See if you can find one local broker you like and trust, even if that party doesn't have a listing right now that matches your want list. (In most areas of the country, 10-year-old 30-foot cruisers are likely to be somewhat scarce at the $30,000 level). Use the local broker you like and trust to represent your offers. If you make a deposit on an out of state boat through your local broker your money goes into the trust account of the local guy you like and know- not some guy 1000 miles away who may be doing business out of the phone booth at the back of a waterfront bar. Your broker will share the sales commission with the listing broker, so it won't cost the seller any more and shoudn't cost you an extra dime." You have just saved me money, worries, more money and maybe even gotten me to stick with it and finally reach that lofty twilight cieling of stars, the right boat. Deeply grateful, Rich |
#4
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Hi Guys,
Thanks again to those on topic. Others here, this thread which of course I do not own, I started to discuss an important issue to all boaters, buyers, sellers and owners: Prices of Used Boats. Clearly there is no (or little) monitoring of these discussions, as the topic now looks like "Who is the biggest A$$Hole and why". Please start a separate thread to trash one another. Some of us are not trying to measure our egos against typed text on the internet. These groups are a very useful tool to raise issues and find solutions to what looks like complex problems. Possibly none of the folks disrupting this thread are actual people, acting as individuals, but interest groups trying to kill any useful source of boat pricing information? Lord knows there is now more "pollution" in this thread than content. Had it been their intention, they couldn't have done a better job of sabotage! Others here beware. Likely the only ones with vested interest in our not sharing information regarding boat pricing are people in the industry who may wish to protect milk-cow profits. Be they from overpriced manufacturers, price gouging dealers, corrupt brokers or even industry hirelings, the idea is "keep 'em stupid and disinformed - then grab all you can". So the rule for these newsgroups goes: - Buyer Beware - Seller Beware Somebody is out to get you - and your hard earned cash - in every which way they can. Keeping us dumbed down is one technique among others. It is apparently being used right here in this thread, with trashing and flaming coming seemingly out of nowhere, possibly even from non existing fictional characters. Otherwise, why spend their time and energy belching fire here? All my best wishes to all well-intended buyers, sellers and boaters alike. Looks like there's a bunch of nasties trying to cut in on our fun, and make us regret launching out to sea. Cheers, Rich |
#6
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Hi bb,
All my apologies if my posts offended you. They weren't targeted at you nor at any other poster here. I actually value your post, even if my opinion isn't relevant on this public thread where anything goes. You have discussed the issue at hand: boat prices - not who's mother doesn't like a certain poster, etc. It was the totally off topic posts which ticked me off, especially as I read quite a few in a row. I'm glad some are in short term mode and should automatically disappear after x number of days at the poster's request. It will make such a thread more coherent to anyone coming along later and interested in the topic of boat prices. I'm new here, and thus not at all accustomed to they way communiction goes, especially when several members have scores to settle. All I asked is for them to "step outside" to deal with conflicts unrelated to this subject. I happen to agree with you about the attitude of squeezing unfair deals out of sellers as being at least as unacceptable as squeezing unfair amounts of money from buyers for boats which are worn and torn. Fair prices are important, in human terms. You state quite justly that nobody deserves to get ripped off, whatever their role in a transaction. However, with market forces governing prices (regulated prices don't really seem to work in some cases) what often tends to happen is an excessive pendulum motion between supply and demand. When it is a sellers market, sellers (and brokers) tend to try to get as high a price as the market will bear, even if to an outsider it might seem excessive. As long as someone is ready to pay, who is to complain? This is the view of "Contractarian Ethics" in which a contract is the only measure of what is right and wrong. However, when a contract defies your own values by being too non conforming to what you hold to be minimum standards, then you might be entitled to view the contract as "wrong" or "unfair", even if each party directly involved agrees. To make my point in an exagerated way, selling an inflatable mattress for $10,000 to a very uneducated buyer could seem wrong to some people, while to others, if the buyer is happy with his mattress, it is none of anyone else's business. In a buyer's market, when there are many boats for sale and few buyers to be found, buyers may tend to try to wrench sellers to the ground prying their boats out of their hands for pocket change. This, of course similar to a seller's behavior in a seller's market. And the same issue of responsible behavior towards others in a transaction is at the heart of the problem. What seems to be in question is: - if the price is made between consenting parties, does that make it a fair price? (we remember the widowed grandmother suckered into practically giving away her regretted husband's boat) - if it is a seller's market, is it plausible that (as many banks and insurance agencies say today) most boats tend to be overpriced? - if it is a buyer's market, is it plausible that we consider most boats as being underpriced? Boat prices seems to be tributary to many factors: Technical constraints: presence of navigable waters, availablity of fuel and fuel pricing, availability of disposable income to purchase leisure craft, credit reserves and interest rates, size of the boat park correlated to the number of potential purchasers, taxation, storage and maintenance costs, etc. Psychological and sociocultural factors: attractiveness of maritime activities, attitude towards watersports, lifestyle associations with specific types of boats, social status implications, object fascination with boats, and not in the least affective emotional attachement to a boat, etc. In my earlier postings I was not trashing sellers or brokers. We can all observe that totally free markets tend to obey the logic of anything that the market will bear will be the market price - even if excessively high or low. However, it is my own personal belief (with which many will disagree) that when you are in a dominant market position (as buyer or as seller) you have the instrinsic responsability to temper the urge to make a killer deal at someone else's expense. If boats are cheap? Make someone's day by paying the seller's asking price without trying to chisel them. When boats are overpriced? Try to advertise yours for what you think it is worth, and not for what speculative sellers/brokers elsewhere are trying to bleed buyers. If I seemed biased in my above posts, it is only because I believe that the boat market is currently overpriced in general. You cannot say that this is untrue when some boats which have already used up the best decade in their lifespan are priced in quite used condition uncomfortably close to their original new price. But does this means that all sellers/brokers are exagerating prices? By no means. Some boat models which may be slow movers are seemingly quite low priced even today, so I would advise educated buyers to look at them carefully and, if they check out, cut the seller some slack. Don't apply further downward pressure. Cheers, Rich |
#7
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