Moderated Discussion Areas
ContinuousWave: Whaler Marketplace
|Author||Topic: pricing help|
posted 03-19-2009 04:25 AM ET (US)
You have seen the ad. It's been on since New Year almost. Aside from "too high", can anyone offer guidance on correct pricing, or speak to why their is little interest?
posted 03-19-2009 06:03 AM ET (US)
Sal, as I am sure you know the market is tough. In your price range I would say it might be really tough. Your boat seems priced very fairly in my opinion.
When I looked at the pictures (before you asked about this) I said to myself he would benefit from removing the name and retaking the pictures. I know its easy for a new owner to do but not everyone is clear minded about this stuff. We have all bought boats with names and changed them, but many leave them as they are or don't have the vision to see the forest through the trees.
Other than that I assume you have hit the mass advertising media. Did you list with Anglers Edge service? That has worked well for me in the past.
Good luck with your sale.
posted 03-19-2009 07:05 AM ET (US)
Let me start by saying you have a very nice, well maintained and feature loaded boat. From what I've seen, your price is right in line and on the low side for a 205. I think it is just a matter of finding the right buyer. Dealers in my area, Tidewater and central VA, have new leftovers going back to '05 and '06. I think these boats were just low demand boats, falling on the small side of walk-arounds. I have looked very seriously at the 205's, yours included, and found that I would rather consider a 20' Dauntless or a 235 Conquest versus the 205 (I decided just to keep my 170 Montauk for another year). Add this to the fact that many people are just not going out and buying boats right now.
This was just my personal opinion and may or may not reflect the general public. With that said, I am sure there is a buyer out there looking for a boat just like yours, it's just a matter of your ad finding them or them finding your ad. Best of luck with the sale, if I run into anyone looking for a boat like yours I will certainly send them your way.
posted 03-19-2009 07:32 AM ET (US)
Really nice boat with fair price. Market is just too tough right now. This is not a good sign: http:/ / cgi. ebay. com/ ebaymotors/ Boats___2006-Boston-Whaler-Conquest -205-One-owner-Must-see_W0QQitemZ140306843880QQddnZBoatsQQddiZ2831QQcmdZ ViewItemQQptZPower_Motorboats?hash=item140306843880& _trksid=p4506. c0. m245& _trkparms=65%3A13%7C39%3A1%7C240%3A1318
posted 03-19-2009 08:30 AM ET (US)
Sal, I think your boat is priced to sell. The problem is that there are not a lot of people secure enough in their jobs to drop that kind of money on something that is not a necessity and as you saw first hand, loans are nonexistant.
I've always loved the 205 from the first time I saw them. I love the classic lines and the lack of the Euro-transom. I was looking for one the day after I saw my first.
I think most boaters are maintaining the status quo, keeping what they have and fighting the twofootitis bug with antibiotics. I am amazed at the lack of boats for sale in The Asbury Park Press. By now there is usually 1/4 of a page of boats for sale. The entire marine industry is in a quandry right now. There are empty slips at my marina where there used to be a waiting list. I hope this turns around soon.
When I bought my 205 I said jokingly "if I can't afford the boat and the house, I'll sell the house". Unfortunately now I can't sell either one (not that I'm trying).
posted 03-19-2009 08:52 AM ET (US)
Thanks for your input, gentlemen.
Ed, it is kind of sad. I am shocked at the velocity of the deterioration in the last few months. I think I am luckier than many, though, so I am just enjoying the positives. I hope NJ comes back, and I am pessimistic in that regard, but I know we have friends on this site in the Detroit area who have been through the fire and then some. To them, New Jersey's economy must seem positively buoyant.
posted 03-19-2009 09:07 AM ET (US)
saw your boat the other day in the yard at the Marina. It's priced right so hold on. Boats in winter storage with the shrink wrap on don't excite a potential buyer unless it's an absolute fire sale. Gas prices are down and boating season is just around the corner. If you want to sweeten the deal why not offer docking behind your home in Normandy Beach for the season? That could put you over the top. As to the Asbury Park Press, it is getting killed by Craigslist
posted 03-19-2009 09:58 AM ET (US)
In your last ad you offered to buy a trailer...for the cost of that why couldn't you just broker it.
Have asked a couple dealers what they would offer to buy it from you outright? - Just a thought.
posted 03-19-2009 09:59 AM ET (US)
Sal, you price is fine, your economy is not and the type of boat you have may have added to it's hard sell. Small cuddy's are out their in plenty, and at that price there are lot of boats above and below that size boat that could be bought. "mumbler" was a good example of whats available in and around your price range...I think your major problem is the economy and the participation of buyers not wanting to spent that kind of money right now. Remember, their are people that most recently were in your life style and are now living in cars and motel rooms, and much worse. Most who are not are a few steps away from their as the crow flies and one wrong situation comes up and wham!We have had that thing happen here around Xmas, but by a higher authority, managed to come through it. If its not critical hold um, if It becomes critial, fire sale it as you will recoup something and in the long run be better off.
Good Luck, Henry
posted 03-19-2009 11:32 AM ET (US)
As noted by Henry, hopefully the sale of the Mumbler (mid 90’s 24 OR with mid 90’s power) for 27K shows us a bottom.
I recently purchased a 1999 21 Outrage (original owner freshwater 200 hours) that has a head in the console, trailer, and mint condition for under 20K. I think it’s all about downside. Boaters are asking themselves, “If everything goes to hell, how much will I lose?” I figured I would lose a few grand if I needed to sell quickly, where as with a 40K boat you could lose 10K quickly.
Having said that, I just pulled a report for you:
Looking at the first 75 days of 2007 vs. 2008 vs 2009, the gap between private label staple food products (Peanut Butter, Yogurt, Soda, Beef) and branded seems to be holding - PB & Soda. More discretionary products like yogurt continue to show a widening gap towards private label. If I could figure out a way to short Angus Beef sales(totally tanking), I could buy BW from Brunswick.
Unfortunately, this is what I do for a living…and why I read CW to humor myself and take a break from looking at food charts.
Sal, when consumers start switching back to branded food products and ditch private label, I’ll let you know. That’s when you’ll get an offer on your boat.
posted 03-19-2009 11:32 AM ET (US)
For the average person living in the US and Canada presently;
The commercial side of things; as in buying and selling; has taken a huge hit.
If ever there was truth in a coin phrase;
"It is a buyer's market"
The accuracy of these five short words will be bang on.
So how could you sell without losing your shirt?
1-I would wait until the end of April into May to take advantage of the boat buying spring fever.
2-I would keep in mind that to do a possible trade could be of some help in moving my boat.
3-It is just a mater of pricing really;
With an incredibly low price tag;
A well hooked prospective buyer would "find" the money needed to make your hull his.
4-You may have already have done this but to MASSIVELY advertise your sale will prove to have results.
Such as in your local papers and on the internet.
5- Just as a suggestion;
Drop a grand per week and be ready to deal with the public and their multiple and varied proposals.
It is true that your boat will be sold;
posted 03-19-2009 12:10 PM ET (US)
All things considered, your price is a bargain for someone looking for a 20 foot wac of high quality, that’s virtually new, where the initial depreciation hit has already been taken. You better hold tight on that price through June or you’ll force me to come over to the island and smack you with last years frozen bunker! ;) With the 1st day of spring tomorrow and warming weather to follow, the boating bug is sure to catch hold, and the better boats at value prices will sell. My wife drives 35S home every day, and said she’s starting to see the usual signs of spring including boats for sale. That got me wondering – your virtually new boat will show so well, ever think about renting a trailer and parking it on 35 with the for sale sign? Final note because boat purchases have considerable emotion - although perhaps a minor consideration and please take no offense - Perhaps a boat for sale with a personal name could do more harm then good, regardless of how well intended the name is. On the other hand, if the name is a slam dunk with mass appeal, could be a plus. And then there could be another consideration regarding the superstitions of changing a boats name, but that could be a topic of it’s own. In closing, hang tight on that price.
posted 03-19-2009 12:22 PM ET (US)
Again thanks all.....
Maybe I will ask my dealer to peel off the lettering. It is vinyl.
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