[Rhodes22-list] Rick Zeisler, a reply...

[michael meltzer]

Maybe for small power boats, but it rely does not work that way. It what a
surveyor says. The problem is who are dealing with at "low cost boat" (as in
boat price increase to the 3.5 power) do not nominally play with that type
of broker/insurance/documentation/financing. A new boat can loose half it
value in 3 years and a 10 year boat can be worth more than a new boat. All
depends. Also there is only 10,000 sail boats made every year(from the 19
fly scott to 70 foot Hinkly, it a very small market.

-mjm

ps. Banker love sailboats, always finance unless your credit is really
screwed up(or they think you can not afford the boat). It their dream to. It
not like a car loan at all, where the paper is sold on the secondary market
or a "repo" man can always get the asset. It some of the last private
banking around. 


-----Original Message-----
From: rhodes22-list-bounces at rhodes22.org
[mailto:rhodes22-list-bounces at rhodes22.org] On Behalf Of Just bent
Sent: Tuesday, June 12, 2007 11:59 PM
To: rhodes22-list at rhodes22.org
Subject: Re: [Rhodes22-list] Rick Zeisler, a reply...


Ed,
none of that matters to the banker, he writes the loan based on that #. What
the boat is worth to a perspective buyer is up to the buyer.
Jb



Tootle wrote:
> 
> Reply to Rick Zeisler:
> 
> The price for any Rhodes 22 is like pinning a tail on a live tiger.  The
> task cannot be accurately set by a wholes/retail price book.  
> 
> There are such issues as IMF?  What is condition of boat?  Trailer?  Has
> the boat gone thru a recycle?  Is there a motor?  What year is motor?  Was
> the owner maintenance handy?  Yada, Yada.
> 
> A 1988 Rhodes 22 might be fairly priced at $5,000, $10,000, $15,000 ,
> $20,000 or whatever.  It depends on many variables.
> 
> All the above does not take into account the availability of a used Rhodes
> 22.  A brand new boat at $40, 000 might be a value deal because of the
> differences put into a brand new boat.  A recycled boat from General Boats
> comes with warranties and upgrades.
> 
> Ed K
> Greenville, SC, USA
> Addendum:  Why doesn't glue stick to the inside of the bottle?
> 
> 
> 

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