Buying boat from old guy... Question.

southkogs

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Re: Buying boat from old guy... Question.

Would he hold a deposit for you to take the boat out on the lake?
 

smokeonthewater

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Re: Buying boat from old guy... Question.

Pretty simple really.

With a seatrial, retail price ...... say 5-6k

WITHOUT a seatrial, SALVAGE price..... Maybe 2k or less

I don't gamble much... I add up what I KNOW I can recover from it IE trailer worth? stainless prop worth? stereo worth? batts, etc then that total is what I'll pay for an untested package
 

Shoreleave

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Re: Buying boat from old guy... Question.

I guess I trust old guys but a few months ago I bought a 1994 bowrider without a test drive. The guy was the original owner and the boat had been garaged all its life. The engine only had 154 hours and the boat looked like it was still in the showroom. I figured I would have to do some significant maintenance to bring it up to snuff and indeed, the bill was $1500, but the mechanic said that the engine and outdrive are in excellent condition.

If you believe the guy and the boat is in exceptional condition I would lean toward taking a chance on it. You've already determined that the engine runs and the mechanical systems like the tilt seem OK. You might have to have the carburetor rebuilt but that won't be the end of the world. If the upholstery and floor are in good shape odds are that the boat is fine. 24 year old boats in excellent condition with a good trailer are hard to find and sometimes you have to take a deep breath and use your best judgement.

If you've got very far to take it home make sure you add grease to the bearings before you leave his driveway.
 

Frank66

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Re: Buying boat from old guy... Question.

I too am in the same situation, actually an 89 Sunray classic cuddy. I'm wondering if anyone can give us a little info on these boats. Are these are a solid well built boat or an entry level boat? Have tried several searches and can't find a lot of info on these boats other than the years they were in business and one thread stating they have a problem with the hulls. Not trying to high jack the thread, just thought maybe we could both get some answers and some info on the boats since we can't do a sea trial.
 

26aftcab454

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Re: Buying boat from old guy... Question.

ask alot of questions and to see documentation, reciepts & service dates impeller/ bellows, battery, lower unit oil. motor oil last changed, ect, A proud owner will tell you everything. run a compression test. turn on every switch see that they work. step on every inch of the floor. poke around the bilge for mushy spots. drill a core sampe of a stringer.check the motor mounts.
 

igsavel

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Re: Buying boat from old guy... Question.

Thanks everybody for advises.
I like this:
ask alot of questions and to see documentation, reciepts & service dates impeller/ bellows, battery, lower unit oil. motor oil last changed, ect, A proud owner will tell you everything. run a compression test. turn on every switch see that they work. step on every inch of the floor. poke around the bilge for mushy spots. drill a core sampe of a stringer.check the motor mounts.
but problem that owner said that little use boat for last three years and made all maintenance by himself. He is not mechanic, but farmer... So, no receipts... and no problems which were solved for last 3-4 years...
 

BonairII

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Re: Buying boat from old guy... Question.

If you like the boat....don't screw around. Go look at it again and make an offer. If he refuses, you can walk.....or counteroffer.

Would be a shame if you wait around.....and it's sold out from under you.
 

BF

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Re: Buying boat from old guy... Question.

I've been on both sides of this. As a seller, I price things fairly, represent them honestly, and more or less stick to my guns with respect to price. I always sell as-is, where-is. I don't know what will happen the moment the item leaves my control, and to be honest, some people are just ignorant and can ruin an otherwise good piece of equipment within minutes. When I've been asked about giving some kind of warranty, I politely point out that the price I'm asking is a "no warranty" price. If they were to purchase from a dealer, anything the dealer would be willing to warranty would be priced much higher than what I ask. I've shown outboards running (in a barrel) when I've sold them, but for the asking prices (a few hundred bucks), it's not worth my time to do a "sea trial". If I were to sell a boat worth 10K or something, I might be willing to do a water trial, assuming we have a deal pending and with the understanding that once the water trial doesn't expose any problems, the deal would be closed. I wouldn't do it as a "test drive' for them to see if it was what they actually want. They'd have to decide that first.

I bought an I/O basically sight unseen (on Craigslist, out of state). After talking to the guy I told him I'd pay him his asking price if he was willing to hold it until I could come pick it up (a couple weeks). He reluctantly agreed after I pointed out that 1) I wouldn't be a no-show and 2) trust works both ways... I was trusting that the pict's and his description were accurate, and that he wouldn't sell it out from me. I drove to his cottage with cash, he had the boat tied to the dock and wanted to show me how it ran. When he asked what I thought, I said condition seemed good (as how he described it), engine ran well, but he outdrive sounded dry and I expected the U-joints and probably gimbal bearing needed servicing, if not replacement. He offered to let me back out, and said no, his descriptions of what he had done (and not done) mechanically meant I was expecting to pull the drive anyway, so I was happy with the deal. I paid him (in full).. he was happy, and provided me with all maintenance records and whatever other documentation he had. After catching up on maintenance (new gimbal bearging, greasing U-joints) the boat has been great. Most people can't believe the deal on it, even with paying him full asking price.

The upshot is I'm willing to gamble on how well I can assess condition when buying an item (I'll take a chance there), but I'm not willing to gamble that when someone buys something from me, that they won't either get cold feet or damage the item through operator error and want to bring it back for a refund, if I leave that door open even a little (so I don't). Whatever you decide, make sure that it is clear, in writing what the intent is. If it's sold "as is" "where is", the bill of sale should say that.

Also, age of the seller has nothing to do with it. I've known old buggers who are less scrupulous than any young person I know. There are "players" of all ages. You've got to be able to form an opinion if they're above board or just telling you what you want to hear. If you gave the guy an offer, and said, "I know you don't want to waste your time, I'll buy it for $$$, but we'll close the deal at the lake when we go out together and you can show me how to work it, and I can see it's in good working order." Maybe he'd do that.
 

Home Cookin'

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Re: Buying boat from old guy... Question.

If you're a good judge of character, and have a basic knowledge of boat specific issues, you'll know if he's selling a load of BS or not. I'm guessing that the majority of boats sold in that price range on CL, or ad are not water tested, and that the majority of those have been sold by an honest seller.

Now, if I were dropping some SERIOUS coin on a newer boat, that's another issue.

I'm with you--but I live in a boating town. Excluding big dollar sales that justify the cost of a survey, knowledgable buyers can often buy a boat without a test run, and can tell which boats don't need them--and those boats sell without a test run.

Problem boats are either priced low enough that you take the risk, or the seller has to do something extra like take you for a spin to sell it. Problem boats include those with i/o or which have inferior hull designs prone to rot. No one needs to test drive whaler!

Experienced boaters know that any OB can run great today and fail tomorrow, so part of the used boat buying process is to plan for the possibility of repowering. A muff run and compression test will tell you 80% of what you need to know. A 48 hour bring-back covers the other 20%--as does trusting the seller and/or his records or mechanic.

Living under an ultimatum "no sea trial no deal!" or "no survey no deal" won't get you very far in the used boat business--you'll miss the best deals. And sellers who won't waste their time are not necessarily hiding anything--that's simply a wrong assumption to make.
 

bonz_d

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Re: Buying boat from old guy... Question.

Not likely!

(otherwise good advice)

"Trust everyone, but cut the cards"

Agreed. Think I'd get a lil cranky of a potential buyer showed up with a drill! How would anyone expect to start drilling holes into something they do not own?
 

bonz_d

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Re: Buying boat from old guy... Question.

Glad I don't have this problem. Both of the last boats I've bought were project boats to begin with and got very good deals on both, as-is, where-is and no sea trials offered or expected.
 

southkogs

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Re: Buying boat from old guy... Question.

... so, the deposit idea is a bust?
 

Home Cookin'

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Re: Buying boat from old guy... Question.

... so, the deposit idea is a bust?

no, but like all the choices to address the problem, one side could screw the other. There is also the big risk of something happening to the boat--casualty or mechanical--during the deposit trial time, that sends the deal sideways.

In theory it could all be done with complete contracts and an escrow/closing agent, but that's not realistic. So the suggestions are similar in structure and intent without the formality.
 
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