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#2
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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 |
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