What's it worth

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Post Options Post Options   Likes (0) Likes(0)   Quote Captn Phil Quote  Post ReplyReply Direct Link To This Post Topic: What's it worth
    Posted: 19 Aug 2008 at 7:52am
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It's a tragic day that I find myself in a position where I might have to sell my pride and joy "Reel Life".
The problem is, I really don't know what I could ask for it.
 
So knowledgeable people, what do you think the following boat really worth.
 
2003 7m Hardtop White Pointer, 2007 200HPDI Yamaha (270hrs), 2007 Voyager Trailer (galv and epoxy painted), Simrad EX44 sounder, Auto helm, Auto capstan, Soft riders, Live bait tank, Game rigged etc etc etc. Its got too many wizzy bits to list, and it catches Marlin!
 
Help me out guys, give me some realistic feeed back on what I should be asking.
 
Thanks CP
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Post Options Post Options   Likes (0) Likes(0)   Quote Hairy Little Dwarf Quote  Post ReplyReply Direct Link To This Post Posted: 19 Aug 2008 at 9:43am
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Can't help you with pricing, but you have my sympathies mate. Unhappy
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Post Options Post Options   Likes (0) Likes(0)   Quote Bushpig Quote  Post ReplyReply Direct Link To This Post Posted: 19 Aug 2008 at 9:46am
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My gut feel would be 90% of what you paid for it
I would rather laugh with the Sinners, than cry with the Saints
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Post Options Post Options   Likes (0) Likes(0)   Quote tobez Quote  Post ReplyReply Direct Link To This Post Posted: 19 Aug 2008 at 9:56am
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i would call white pointer and ask them..but i rekon pig is pretty close to right as it has fruit!
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Post Options Post Options   Likes (0) Likes(0)   Quote studio1 Quote  Post ReplyReply Direct Link To This Post Posted: 19 Aug 2008 at 10:00am
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Originally posted by Bushpig Bushpig wrote:

My gut feel would be 90% of what you paid for it
 
I would have thought, in this market, if you need to sell you would probably be looking at more like 66% of PP or lower.
 
 
 
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Post Options Post Options   Likes (0) Likes(0)   Quote Tzer Quote  Post ReplyReply Direct Link To This Post Posted: 19 Aug 2008 at 10:02am
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Have been told 2nd market is about 15-20% less than new price so BP might be about right.
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Post Options Post Options   Likes (0) Likes(0)   Quote lance@driveline.co.nz Quote  Post ReplyReply Direct Link To This Post Posted: 19 Aug 2008 at 10:08am
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Sounds about right and I feel for you having to sell her Angry.
 
If you want to offer for sale with finance available then give me a yell and Ill put a package together on it if interested.
 
 
 

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Post Options Post Options   Likes (0) Likes(0)   Quote Bushpig Quote  Post ReplyReply Direct Link To This Post Posted: 19 Aug 2008 at 10:16am
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Originally posted by studio1 studio1 wrote:

Originally posted by Bushpig Bushpig wrote:

My gut feel would be 90% of what you paid for it
 
I would have thought, in this market, if you need to sell you would probably be looking at more like 66% of PP or lower.
 
 
 


There is a difference between having to sell and giving it away. They are a great boat that you dont see getting sold second hand often. I think they would hold their price well in a second hand market
I would rather laugh with the Sinners, than cry with the Saints
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Post Options Post Options   Likes (0) Likes(0)   Quote studio1 Quote  Post ReplyReply Direct Link To This Post Posted: 19 Aug 2008 at 10:26am
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Value is defined by the willing buyer / willing seller concept. Something is only worth what someone is prepared to pay. The problem with this market is that there may not be enough willing buyers out there to sustain a price that may have been achieved 12 months ago.

But, I know very little about the second hand boat market at present.
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Post Options Post Options   Likes (0) Likes(0)   Quote Boulder Quote  Post ReplyReply Direct Link To This Post Posted: 19 Aug 2008 at 10:28am
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To put a number on it I would say circa 85k with the new trailer and motor.
But its only a guesstimate to get some numbers upErmm
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Post Options Post Options   Likes (0) Likes(0)   Quote saltshaka Quote  Post ReplyReply Direct Link To This Post Posted: 19 Aug 2008 at 11:40am
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in todays climate i think you would probably get an old landcruiser and one massey ferguson tractor--- and i just happen to have one of each, i could probbably cut you some slack and throw in a 2.4m inflatable, that way you still be able to get out on the water. Tongue 
i probably wouldnt even have to look at your rig to go through with this deal-- so just say the word.
GET REEL!
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Post Options Post Options   Likes (0) Likes(0)   Quote saltshaka Quote  Post ReplyReply Direct Link To This Post Posted: 19 Aug 2008 at 11:52am
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yea i know im an insensitive carnt
GET REEL!
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Post Options Post Options   Likes (0) Likes(0)   Quote Bill Collector 1 Quote  Post ReplyReply Direct Link To This Post Posted: 19 Aug 2008 at 12:07pm
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there is not 1 white pointer on trade me i believe at present..so it should move fairly quickly if you put what you think is the high side of what you want and im sure the offers will come,also white pointer have a used section on there website could be worth a shot,any pics?
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Post Options Post Options   Likes (0) Likes(0)   Quote Jaapie Quote  Post ReplyReply Direct Link To This Post Posted: 19 Aug 2008 at 1:05pm
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We are seeing a huge glut of boats in the Australian market at present and guys just can't seem to get rid of them.
 
Hardtop White Pointer is a good boat though, so hope it doesn't hang around too long.
 
I reckon 90% of what you got it for might be a tad ambitious.
 
Studio1 makes a lot of sense in his post - supply and demand is all it boils down to at the end of the day.
 
Sorry to hear you have to sell the boat though -
Good luck with it all mate.
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Post Options Post Options   Likes (0) Likes(0)   Quote Captn Phil Quote  Post ReplyReply Direct Link To This Post Posted: 19 Aug 2008 at 5:05pm
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Thanks for the input guys. Yes its gut wrenching to have to sell the boat, I have never been without a boat for 33 years, so it's a big deal for me.
I guess a new version of what I have would cost around 120k so 90% may be a bit high, but she's got all the good gear so maybe 85k ish is where I should pitch it.
How would that stack up to other similar boats for that money?
 
I am sitting here with a busted heart and just can't believe that things can change so darn quickly.
My wife says sell the house before the boat (not that I would even consider that option) but hows that for a good woman??
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Post Options Post Options   Likes (0) Likes(0)   Quote DIY! Quote  Post ReplyReply Direct Link To This Post Posted: 19 Aug 2008 at 5:53pm
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Yeah she sounds like she understands your pain... have you thought about selling a half share or something like that? My heart goes out to you hopefully your mates will take you out and remember the favors you have done in the past.  Chin up aye.
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Post Options Post Options   Likes (0) Likes(0)   Quote Husky Quote  Post ReplyReply Direct Link To This Post Posted: 19 Aug 2008 at 6:18pm
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Sell 8-10 shares in it.......people do this all the time with planes and helicopters, things that they want to use but not all of the time, even doing it with holiday homes.
 
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Post Options Post Options   Likes (0) Likes(0)   Quote Tzer Quote  Post ReplyReply Direct Link To This Post Posted: 19 Aug 2008 at 7:13pm
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Originally posted by Captn Phil Captn Phil wrote:

Thanks for the input guys. Yes its gut wrenching to have to sell the boat, I have never been without a boat for 33 years, so it's a big deal for me.
I guess a new version of what I have would cost around 120k so 90% may be a bit high, but she's got all the good gear so maybe 85k ish is where I should pitch it.
How would that stack up to other similar boats for that money?
 
I am sitting here with a busted heart and just can't believe that things can change so darn quickly.
My wife says sell the house before the boat (not that I would even consider that option) but hows that for a good woman??


Slackline priced a new 7m White Pointer late last year and was quoted 135k and that was just a basic package.
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Post Options Post Options   Likes (0) Likes(0)   Quote Goneburger Quote  Post ReplyReply Direct Link To This Post Posted: 20 Aug 2008 at 9:35pm
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Trouble is CaptnPhil due to recession, people know most sellers are letting go of their toy's (and in your case pride and joy) because they may have to rather than because they want to. Same goes for luxury cars and coastal property etc..... I've got an 07 735 Excess with 250 4/stoke Yamaha and she's immaculate.... maybe not as rugged or manly boat as yours, but top of the range Buccaneer all the same. In drystack, so no trailer. I looked to offload on TradeMe a few months back. It's a $130k to build new all day long but closest offer was $80k, so said stick it where the sun don't shine....Angry  The boat will still be worth $80k in 4 - 5 years time..!! So anyway I've hung on to it and am pleased I did... but mate, if ya got no choice, she's gotta be worth $85 - $90k so hope you can sell her Thumbs%20Up 
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Post Options Post Options   Likes (0) Likes(0)   Quote wetdream Quote  Post ReplyReply Direct Link To This Post Posted: 27 Aug 2008 at 10:16am
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Got any pictures you can put up CaptnPhil....you thought about trading and getting a few $$ and still having a boat?

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