I think I finally found a good boat that's priced well/fair

And I forgot about the one earlier this year where after going under contract, sending my deposit, scheduling engine compression checks, sea trial and survey the broker informed me the boat had a fire in the past, no details. So I ran a boat history report, sure enough it had. Boat History gave me the details the seller and/or sellers broker seemed to forgot about until after I spent an entire day driving to see the boat and investing my time and money. And having to cancel everything I had scheduled.

So, Ididntdoit. when did I not act and behave, like you would have? Jerking off and still no boat?

As I like to say, if you can't add or gain anything from the conversation, don't.
 
Pirate Lady said:
Reset. Mrs rob. We are 80 posts in and even i am lost in following this thread. I think you are still looking at 380s year and prices lost long ago. He wasn’t diss you. This thread has bounced like a super ball, old guys know what they are.
I think his point was buy new, or expect to spend money. You cant get a used “turn key” boat. Wont happen.
PS. I bought a Brand New boat Once. ONCE. Had more problems with it than any used boat i ever bought.
Going to bed. I get up early. Good night.
Click to expand...

I'd have to disagree. I found my boat and it was TURN KEY. Anything I did to it was because I wanted to. They are out there, but very hard to find. It's just sad that in this day and age the damn used boats are out of control with price. I bought my boat 5 years ago and could get more for it now then I paid. That's crazy.
 
mrsrobinson said:
And I forgot about the one earlier this year where after going under contract, sending my deposit, scheduling engine compression checks, sea trial and survey the broker informed me the boat had a fire in the past, no details. So I ran a boat history report, sure enough it had. Boat History gave me the details the seller and/or sellers broker seemed to forgot about until after I spent an entire day driving to see the boat and investing my time and money. And having to cancel everything I had scheduled.
Click to expand...

Another boat priced well under market IIRC - champagne tastes, beer budget - if you want a turn key, pristine boat stop shopping the bargain rack - step up and pay for it - otherwise deal with the hassles and problems of substandard boats and the brokers that serve them.
 
Ididntdoit said:
Another boat priced well under market IIRC - champagne tastes, beer budget - if you want a turn key, pristine boat stop shopping the bargain rack - step up and pay for it - otherwise deal with the hassles and problems of substandard boats and the brokers that serve them.
Click to expand...

I have had a slightly different approach .... I look at ALL boats that are the model(s) that I would consider. Then I develop a spreadsheet with asking prices and all the options / differences that each boat has and try to establish a market price based on that information. After that I can make a decision on what I would be willing to pay understanding that there will be something for me to spend money on to get the boat the way that I want it.
That's been my approach, everyone is a bit different
 
Ididntdoit said:
Another boat priced well under market IIRC - champagne tastes, beer budget - if you want a turn key, pristine boat stop shopping the bargain rack - step up and pay for it - otherwise deal with the hassles and problems of substandard boats and the brokers that serve them.
Click to expand...
How do you know? But an undisclosed fire is kind of a big deal, no?
 
I am not sure why the hostile criticism of @mrsrobinson by some. If a seller or the broker misrepresents or lies by omission or non-disclosure, its a dickhead move. And the asking price has nothing to do with whether or not a lie is a lie. And there are lots of dickheads out there. Caveat emptor, for sure, but wading through sellers crap can be very frustrating. Its easy to say "buy a pristine boat and pay for it". But as we all know, it takes a lot of diligence and patience to sort out what looks "pristine" on the surface, but is a non-maintained POS with actual problems underneath. And that has nothing to do with the price on the ad.
 
Creekwood said:
I am not sure why the hostile criticism of @mrsrobinson by some. If a seller or the broker misrepresents or lies by omission or non-disclosure, its a dickhead move. And the asking price has nothing to do with whether or not a lie is a lie. And there are lots of dickheads out there. Caveat emptor, for sure, but wading through sellers crap can be very frustrating. Its easy to say "buy a pristine boat and pay for it". But as we all know, it takes a lot of diligence and patience to sort out what looks "pristine" on the surface, but is a non-maintained POS with actual problems underneath. And that has nothing to do with the price on the ad.
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Agreed - not my intent to be hostile - just sounds like a broken record on here.....I should just stay out of it - To the OP - sorry for anything that came off as hostile - always hard typing instead of talking
 
Now I feel like I need to justify this post and my other posts. This post started as a thank you to all of the good folks on here who've given me good advice and suggestions while searching for the next boat. It turned into "here we go again lies of omission" with the current boat.

I do think a seller should reveal the things I've learned before, not after, signing a contract and making a deposit. Especially when I'm taking a day off from work and spending an entire day driving back and forth to look at the boat.

Regarding the boat that had a previous fire I was told it was priced based on high engine hours, I accepted that risk and moved forward. Regarding the one where the engine shutdown during sea trial, it was actually priced higher than market. Regarding the current one discussed in this post, I was told one engine reached 4200 RPMs, and that's it, no additional information was shared. And this was shared with me after I invested an entire day going to look at the boat. After signing the contract, wiring a deposit, scheduling engine compression checks, sea trial and survey, I was told they already did an engine compression check and knew the issue. So I have to go back to everybody I've scheduled and tell them sorry we need to cancel.

I think we're all looking for a good deal, what I'm looking for is a fair deal, a win-win for both sides. For those who haven't been trying to buy a boat in this challenging/strange market, I don't think you can begin to understand how different it is from when you purchased your boat pre covid.

I come to this forum for advise, to help others, and virtual dock talk, that's it.
 
Oh the irony. Thinking that paying more for a boat is a sure way to get a well cared for boat. Doesn't matter if it's the newest and/or most expensive, that guarantees absolutely nothing.

Point is when a seller or broker withholds vital info then they are absolutely 100% an A hole. Just be upfront with what you are selling. That's really not much to ask for....
 
All's Well said:
I have had a slightly different approach .... I look at ALL boats that are the model(s) that I would consider. Then I develop a spreadsheet with asking prices and all the options / differences that each boat has and try to establish a market price based on that information. After that I can make a decision on what I would be willing to pay understanding that there will be something for me to spend money on to get the boat the way that I want it.
That's been my approach, everyone is a bit different
Click to expand...

I take the same approach to the letter All's Well describes....I know going in what I have and have paid for it appropriately.

Bennett
 
I can sure sympathize with his frustration with the brokers he is dealing with (any brokers on here note i didnt say ALL so don’t start). Mine was a real sack a suds. Didnt misrepresent the boat, my 30 years of boats knew exactly what i was buying. The problem will this jackass was we agreed on things to be fixed. After the check was delivered it took 6 weeks of constant bitching to get the work done, then he tried charging me for it, til my lawyer got involved.
Why pay before work done you ask? Because he wasn’t gonna perform it until after purchase. He is the reason Maryland doesn’t allow murder for hire. That rotten prick.
 
bbwhitejr said:
I take the same approach to the letter All's Well describes....I know going in what I have and have paid for it appropriately.

Bennett
Click to expand...

The challenge with today's boat market is while you're building that spreadsheet, 75% of the ones you looked at go under contract.
 
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Think this market is bad? I got mine last year early May, at the height of everything shutting down. Some people weren’t even allowed on marina property to get to their boats. I wanted a newer 290 but there was nothing, nada, ziparoni. Found my 250, nice boat, needed a few things, but low hours and solid. And a great price, stole it. See my above thread, at one point while the broker/seller wasnt fixing and i was bitching, he said “i could get 50% more, sorry i sold it to you”. I swear he was trying to piss me off so i would cancel the sale.
 
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mrsrobinson said:
The challenge with today's boat market is while you're building that spreadsheet, 75% of the ones you looked at go under contract.
Click to expand...
You are in tough times to buy a boat. If a great boat hits the market it is gone in a flash; in fact there are cases where bidding wars take place. So, what does that leave lingering? Then there are those that want to move their boat but repairs prevent a sale in a normal market so it sits. In today's inventory depressed market things are upside-down where these questionable boats are now, call it, marketable as they are. There is no incentive to declare anything wrong as the boat will sell regardless.
So, what do you do especially if you do not want or can't invest in a specimen of a boat in a market that is collecting premiums? Make an offer on the junk that enables you to get it repaired, upgraded, and seaworthy. I've done it, many have done it, and youtube is riddled with stories about it... The issue is you probably will not be able to finance nor insure it until the survey findings are corrected.

I'll add that in the last four months I've had as many offers to sell the 52DB; good offers, cash offers, over what I have invested in her from phone calls, people walking down the docks, and brokers.... It's nuts.
And lastly, I believe many boats never hit the advertising; someone comes to sell or trade at a brokerage and the brokerage has a willing buyer ready, instantly...
 
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I miss the days when you could put an ad in the paper. Now STOP. Before you say the guy has dementia.
Facebook- i hate it and am banned because I typed the wrong birthday and was told i am too young to be on Facebook.
Craiglist - the junk yard of boats.
Boattrader - the repository of unscrupulous brokers and ads for boats that were sold 2 years ago.
Boats.com - same.
 
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