Re: How much is it worth?? Help me settle a bet!!!
I have to agree with the above post, it would be a hard sell here too, but I don't think it's got anything to do with the boat or its age.
I've watched some pretty amazing deals just linger around here because there's just no money right now.
I picked up a late model Mercury 115hp for $400 in turn key shape. It sat on CL for two months with no takers at $600.
Lately it's simply not a matter of what something is worth but how much the potential buyers have to spend or are willing to part with.
Those with cash lately are few and far between.
As far as what that boat should bring, I'd say you got a steal, the motor should be worth somewhere in the $1500 range alone.
If it were mine and it were for sale, I'd not part with it in that condition for less than $4800 or so. If it didn't sell, I'd just sit on it till someone who recognized its value and had cash came along.
There's a big difference between what something is worth and what most people want to pay for it.
As a good example, a neighbor of mine just bought a new jet ski, the price tag was over $10k, how much it don't really matter, because to me, it has no value, I wouldn't give $100 for it, let alone what he paid. I have no use for it and no desire to own one.
To me a boat is something that keeps you out of the water and dry.