selling advise

[foresteronw]

I am currently thinking about selling my boat. I am going to be losing my job at the end of summer and can't afford to put money into my boat right now. It is still not 100% that I am going to sell it but I am seriously considering it. I have a 1989 Sunbird Eurosport 21' cuddy cabin. It has an OMC 5.7L, dual axel trailer w/brakes. NADA lists everything (with all options) around $7500.00. I am having some engine trouble right now, oil blow by and water in the oil (manifolds) how much should I deduct from the price to sell it considering it needs some engine work. Thanks for any help you can give.

 

[DJ]

Re: selling advise

forester,<br /><br />Hope everything works out for you.<br /><br />Now is the time to sell a boat, not in the fall.<br /><br />The first thing to do is make it showroom clean. I mean "showroom" clean.<br /><br />You are at a serious disadvantage in that the engine has problems. Your selling price is realistically going to be half the going rate or less. You have to realize that the only person that is going to buy it is someone looking for a project. There are a few of us nuts out there though!

 

[jomac]

Re: selling advise

Sorry to say but djohns19 is right, engines account for 1/2 to 2/3 of selling price ---- good luck with your job

 

[Spidybot]

Re: selling advise

Hopefully it turns out so, that you can keep the boat. Selling because you have to tends to cost an unfair amount of $$.<br /><br />If there is no way about it, I'd absolutely agree on the principle described. Take your estimated price and deduct the price of an engine repair or replacement. That - minus something extra for the lack of test run etc. - is the price.<br />The best way would be to make it OK and then sell it for the estimate + a little to justify 'newly serviced engine'.