Saturday, October 18, 2008

Boats - What else

BB and I went to Boston Yacht to look at a 47' Sabre ($360). It's a very nice boat, but given what else is on the market overpriced. The broker, Bruce, was very generous with his time and showed us a variety of boats including a couple of Carvers. They are very contemporary and attractive inside but I have some reservations about their sea keeping ability. Even so the 36' we saw was livable and the 45' very livable. I'll need to do some research on just how good a boat they are.

Bruce sent along a couple of listings for 43' Sabre in Marion and Portsmouth RI. The RI boat is asking $339,000 and is nicely equipped. I've sent him an email to arrange to see the boat Thursday afternoon.

Along the way, Bruce gave some indication of how they value a trade. It seems they look at the number of boats like the trade in the three years around the trade. Overpriced is in the top 1/3. The bottom 1/3 is priced and really for sale. That's a reasonable way to look at pricing them.

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