I have been kicking around the idea of selling my boat and either buying into charter ownership or upgrading. No thanx to Rich. (Just Kidding Rich)
I have perused this site and a few others and am baffled by the spread in assumed value of these boats. I have not kept tabs so I dont know how subjective this is.
My boats a 97 and I haveseen 97 and 98's from 9K to a whopping 21 Can.
My boat is also near mint and chocked full. How do you go about fair pricing??
(Just kicking this around mind you, this is not an ad)
On edit: Still most of the prices I found are higher than I paid when I bought my boat 1 yr old.
Value
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They Theirs
- Captain
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- Joined: Tue Dec 27, 2005 1:42 pm
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ALX357
- Admiral
- Posts: 1231
- Joined: Thu Jul 22, 2004 6:09 am
- Location: Nashville TN -- 2000 MacGregor 26X, Mercury two-stroke 50hp
I have noticed the huge disparity of values advertised for similar boats, but I assumed it was the difference between owners who really wanted to sell their boat and were willing to accept market value, and those owners who were only willing to sell if they could re-coup all their investment in upgrades and mods on top of the boat's normal market value. I believe these higher priced boats just wait unsold until the owner adjusts his expectations downward.
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Beam's Reach
- First Officer
- Posts: 310
- Joined: Sun Feb 27, 2005 1:25 pm
- Location: North Bay, Ontario, Canada 97X, 50HP Mariner 4 Stroke
Prices really do vary but it also has a lot to do with the equipment included.
We had a hard time comparing the Xs we looked at and I have to admit that we probably paid near the top end of the range for our 97X, but it came with absolutely everything we wanted and needed. I really didn't want to get a "deal" and then have to shell out extra for every other item I wanted. Roller genny plus jib, spin (both brand new and unused), 4 speaker CD player, autopilot, all instrumentation, lines led aft, all safety equipment, cockpit cushions, cockpit table, dock lines, bumpers, spare prop and the full enclosure...which is worth a lot to us as the evenings turn cooler.
In fact, the only thing we needed on our first sail was PFDs and the only other thing I've bought in the last 2 years is wax!
Plus I happened to look in a Boats For Sail magazine yesterday and saw early model Ms listed at 38 to 45000 CDN. I still feel good about my decision
We had a hard time comparing the Xs we looked at and I have to admit that we probably paid near the top end of the range for our 97X, but it came with absolutely everything we wanted and needed. I really didn't want to get a "deal" and then have to shell out extra for every other item I wanted. Roller genny plus jib, spin (both brand new and unused), 4 speaker CD player, autopilot, all instrumentation, lines led aft, all safety equipment, cockpit cushions, cockpit table, dock lines, bumpers, spare prop and the full enclosure...which is worth a lot to us as the evenings turn cooler.
In fact, the only thing we needed on our first sail was PFDs and the only other thing I've bought in the last 2 years is wax!
Plus I happened to look in a Boats For Sail magazine yesterday and saw early model Ms listed at 38 to 45000 CDN. I still feel good about my decision
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Scott
- Admiral
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- Joined: Tue May 18, 2004 12:46 pm
- Sailboat: Venture 25
- Location: 1978 Catalina 22 with all the Racing Goodies!! 4 horse fire breathing monster on the transom
Well Blake, My boat has everything you listed except the enclosure. Plus about twice as much and dual axle trailer. I am mod and gadget crazy. Dont want to have to strip and re-use if we do this. As well I have spares for most everything and Mac specific hardware out the wazoo and repair material.
If you dont mind please PM me what you paid??
If you dont mind please PM me what you paid??
Often you get what you pay for
Price disparity can often be difference between someone who knows what his boat is worth and one who doesn't because he never took care of it. I would rather buy a boat from someone who used it, upgraded it, and knows what condition it is in than from someone who doesn't use it, lets it sit around, and then distresses it out. I know it is just fiberglass, but that stuff needs attention. The engine, which is a big part of an X purchase can have real problems if it has been unattended for a long time.
Finally, some guys know that their boat is a dog and price it accordingly. I don't mean that there aren't real steals out there, or that some guys have to sell and lower the price accordingly. Generally, however, you get what you pay for.
Finally, some guys know that their boat is a dog and price it accordingly. I don't mean that there aren't real steals out there, or that some guys have to sell and lower the price accordingly. Generally, however, you get what you pay for.
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Beam's Reach
- First Officer
- Posts: 310
- Joined: Sun Feb 27, 2005 1:25 pm
- Location: North Bay, Ontario, Canada 97X, 50HP Mariner 4 Stroke
Scott wrote:
Well, OK, maybe not.
Here's the Low, Average & High for an Ontario Boats For Sale mag: MacGregor 26X 2000: 26,300 32,066 36,900
This is asking prices only over the last three years in the magazine and doesn't take into consideration extra equipment or add ons so there can be quite a variation.
I PMd you.
Oh ya? Well mine has a 200 HP Honda OB, 4 pc. ensuite bath, dishwasher, and 42" plasma screen TV and satalite dish.Well Blake, My boat has everything you listed except the enclosure. Plus about twice as much and dual axle trailer.
Well, OK, maybe not.
Here's the Low, Average & High for an Ontario Boats For Sale mag: MacGregor 26X 2000: 26,300 32,066 36,900
This is asking prices only over the last three years in the magazine and doesn't take into consideration extra equipment or add ons so there can be quite a variation.
I PMd you.
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Frank C
I've been looking at Macgregors as I am considering selling my Malibu and giving up wakeboarding for sailing. The thing I notice about price difference as I look online is location. The boats listed down here in Florida are several grand more than those up in the Carolinas, from where I have just moved. I've looked at boats up there as I make trips home from time to time, and obviously the savings would make trailering one down worth while.
Supply and demand. As you say... in some areas they are going to sell quicker than others. I've noticed that up here in the PNW that the used Mac tend to go for a higher price. They also tend to have more goodies than those found in the Midwest.
I look at it this way. I'd rather pay a little extra for items that I want USED rather than buying them new. The accessories are going to take the biggest depriciation hit. Also... here in the PNW I can turn around and recover my money if I need to because there are a LOT more potential buyers for a used Mac in Washington state vs. the Midwest.
The only problem with this approach is that you either have to be patient or live with something that doesn't have everything you want. I'll probably end up being patient and still not get everything I want.
I look at it this way. I'd rather pay a little extra for items that I want USED rather than buying them new. The accessories are going to take the biggest depriciation hit. Also... here in the PNW I can turn around and recover my money if I need to because there are a LOT more potential buyers for a used Mac in Washington state vs. the Midwest.
The only problem with this approach is that you either have to be patient or live with something that doesn't have everything you want. I'll probably end up being patient and still not get everything I want.
The "market" isn't a single entity looking for a boat at a single "market price." Buyers are looking for different things. Some are looking for a lot of options and don't care how/where you've installed them. Others may be more particular about that and may or may not like what you've done with the boat. Some may want a blank canvas to do their own mods. The latter may pay as large a premium for a bare boat in good condition as others would for a bunch of add-ons.
The outboard probably plays a major factor in selling a Mac. Many these days don't want a carbureted two-stroke, but some would prefer it. Many would be put off by an overpowered boat, but some would prefer it. Some would care if the motor is less than 50HP while others may be looking for a boat with only a kicker and some of them may want that so they can swap it out for a big motor.
The bottom line, if you aren't in a hurry to sell, is to price the boat at what you think it would be worth to you if YOU were shopping for a boat just like it... and then wait for a like-minded buyer.
The outboard probably plays a major factor in selling a Mac. Many these days don't want a carbureted two-stroke, but some would prefer it. Many would be put off by an overpowered boat, but some would prefer it. Some would care if the motor is less than 50HP while others may be looking for a boat with only a kicker and some of them may want that so they can swap it out for a big motor.
The bottom line, if you aren't in a hurry to sell, is to price the boat at what you think it would be worth to you if YOU were shopping for a boat just like it... and then wait for a like-minded buyer.