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Robert M. Gary March 26th 08 09:48 PM

First boat
 
On Mar 26, 1:44*pm, "JimH" wrote:
"Robert M. Gary" wrote in ...
On Mar 26, 12:46 pm, Short Wave Sportfishing


5. *Because of a past well earned reputation, Bayliner resale values suffer.
Although the low quality structural and mechanical issues they once had are
a thing of the past that reputation remains with the
brand............perception is reality even today. *You will take a hit on
resale on both boats because of this, especially considering that the 2003
boat is overpriced.


The seller and I are basing the price on NADA. Is that not a good
resource to determine price?

-Robert

Robert M. Gary March 26th 08 10:27 PM

First boat
 
On Mar 26, 1:47*pm, Short Wave Sportfishing
wrote:
On Wed, 26 Mar 2008 13:18:24 -0700 (PDT), "Robert M. Gary"


I live in a pretty high tax state so generally when you sell something
to someone you write two contracts. One for the state and another for
the actual sale price. Of course the dealer can't do that. ;)


It's still a minor consideration.


Its about $1000. If I pay for taxes on the $14500 boat from the dealer
I'm paying $1123 in sales tax. If I buy the $11,000 boat from the
individual and we report it as $1500 to the state I'll pay $116.
That's almost $1000 savings.

-Robert

Short Wave Sportfishing[_2_] March 26th 08 10:36 PM

First boat
 
On Wed, 26 Mar 2008 14:48:38 -0700 (PDT), "Robert M. Gary"
wrote:

On Mar 26, 1:44*pm, "JimH" wrote:
"Robert M. Gary" wrote in ...
On Mar 26, 12:46 pm, Short Wave Sportfishing


5. *Because of a past well earned reputation, Bayliner resale values suffer.
Although the low quality structural and mechanical issues they once had are
a thing of the past that reputation remains with the
brand............perception is reality even today. *You will take a hit on
resale on both boats because of this, especially considering that the 2003
boat is overpriced.


The seller and I are basing the price on NADA. Is that not a good
resource to determine price?


That's one and a commonly accepted value. There are others including
a couple of industry only publications.

The real question is what the market is in your area. It's like
anything else in a slow sales market - it's what somebody is willing
to take, not necessarily the asking price. NADA is a national average
despite all the zip code nonsense.

If I had to guess, I say offer $7.5K and see what happens. You can
always go up. :)

Short Wave Sportfishing[_2_] March 26th 08 10:48 PM

First boat
 
On Wed, 26 Mar 2008 15:27:16 -0700 (PDT), "Robert M. Gary"
wrote:

On Mar 26, 1:47*pm, Short Wave Sportfishing
wrote:
On Wed, 26 Mar 2008 13:18:24 -0700 (PDT), "Robert M. Gary"


I live in a pretty high tax state so generally when you sell something
to someone you write two contracts. One for the state and another for
the actual sale price. Of course the dealer can't do that. ;)


It's still a minor consideration.


Its about $1000. If I pay for taxes on the $14500 boat from the dealer
I'm paying $1123 in sales tax. If I buy the $11,000 boat from the
individual and we report it as $1500 to the state I'll pay $116.
That's almost $1000 savings.


Do you register the boat with your DMV?

I guarentee you, unless it's reported as a loss of some sort, you will
be paying book price for the sales tax. CT DMV does it all the time
on sales that are less than 10% of similar sales.

Most states have caught up with that dodge.

Don White March 26th 08 11:03 PM

First boat
 

"Robert M. Gary" wrote in message
...
snip.....
One of the things I was thinking was just capacity. The 175 has a
Coast Guard sticker that says "7 people". We're a family of 4 and it
would be cool to invite another family of 4 on board. The 185 says 8
people so I was just thinking it would be better to have the 8. Of
course 1/2 those people will probably have to be little guys (pre-
teens).

snip...
-Robert

I remember the time the guy I crewed with (Mirage 33 sailboat) invited a
family with four rugrats.
Man...was I glad to see the shore again. There's always one kid who gets
upset/sick whatever and disrupts the whole trip.
Too bad because the mom was a babe.



Robert M. Gary March 26th 08 11:08 PM

First boat
 
On Mar 26, 5:05*pm, John H. wrote:
On Wed, 26 Mar 2008 15:27:16 -0700 (PDT), "Robert M. Gary"


Must be a stupid state if it doesn't check book values.


Typically you just tell them it wasn't running when you bought it.
I've known "friends" who have done this was cars, planes, etc.

-Robert

Robert M. Gary March 26th 08 11:28 PM

First boat
 
On Mar 26, 4:03*pm, "Don White" wrote:
"Robert M. Gary" wrote in ...


I remember the time the guy I crewed with (Mirage 33 sailboat) invited a
family with four rugrats.
Man...was I glad to see the shore again. * There's always one kid who gets
upset/sick whatever and disrupts the whole trip.
Too bad because the mom was a babe.


My boys have spent more than a 1000 hours sitting in our plane flying
over some pretty bumping areas of Mexico, Canada and the desert SW. We
also spent some time in little fishing boats on the Sea of Cortez so
I'm pretty sure they're able to handle it. ;)

-Robert

John H.[_3_] March 27th 08 12:05 AM

First boat
 
On Wed, 26 Mar 2008 15:27:16 -0700 (PDT), "Robert M. Gary"
wrote:

On Mar 26, 1:47*pm, Short Wave Sportfishing
wrote:
On Wed, 26 Mar 2008 13:18:24 -0700 (PDT), "Robert M. Gary"


I live in a pretty high tax state so generally when you sell something
to someone you write two contracts. One for the state and another for
the actual sale price. Of course the dealer can't do that. ;)


It's still a minor consideration.


Its about $1000. If I pay for taxes on the $14500 boat from the dealer
I'm paying $1123 in sales tax. If I buy the $11,000 boat from the
individual and we report it as $1500 to the state I'll pay $116.
That's almost $1000 savings.

-Robert


Must be a stupid state if it doesn't check book values.
--
John *H*
(Not the other one!)

Don White March 27th 08 01:27 AM

First boat
 

"Robert M. Gary" wrote in message
...
On Mar 26, 4:03 pm, "Don White" wrote:
"Robert M. Gary" wrote in
...


I remember the time the guy I crewed with (Mirage 33 sailboat) invited a
family with four rugrats.
Man...was I glad to see the shore again. There's always one kid who gets
upset/sick whatever and disrupts the whole trip.
Too bad because the mom was a babe.


My boys have spent more than a 1000 hours sitting in our plane flying
over some pretty bumping areas of Mexico, Canada and the desert SW. We
also spent some time in little fishing boats on the Sea of Cortez so
I'm pretty sure they're able to handle it. ;)

-Robert


That's good to hear....now..what about the other family you were
inviting..??



Wayne.B March 27th 08 01:49 AM

First boat
 
On Wed, 26 Mar 2008 21:10:08 -0500, wrote:

Everyone should really be sure they are going to use a boat before
they buy one. Renting gives you the option of seeing how you like the
boating experience and also getting to try different kinds of boats
for basically what an occasional boat user has to pay to own one.

You will figure out pretty quickly if you are really a boater. Even
then, you are not launching and recovering or having to tow. How much
is that worth?


Pretty good advice in my opinion. At the very least try to hitch a
ride or two on the kind of boats you are interested in. It is amazing
how small a 17 or 18 ft boat gets when it is actually on the water.

Another strategy is to buy an old beat up boat for a few thousand
bucks, run it for a little while and then give it away for next to
nothing. You'll have some fun and also get an education at a
reasonable price. Buy a SeaTow membership and carry a VHF radio.



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