PLEASE help me decide which SeaRay 260da to buy!

Hello Liquid Diet 2
where is your home port?

email me at nobbi40us at yahoo dot com

thanks
 
My dock mate has a 05 260 with a 6.2 and a bravo 3. It is slow for the ammount of HP the 6.2 produces, He runs 34-37mph.28 mph cruz. They do offer the 496 in this boat.
I do like the engine room layout. It has a roomy cockpit. The cabin is a bit small for a big guy. All in all a nice boat with a good fit and finnish and should make you a great boat! My 2cts JAY
 
I've been tracking this boat all year, owner is extremely motivated and does not want to incur the winterization and storage costs.

Asking 75K, lowest priced 2001 34' on the market, very nice boat.

http://usedboats.com/index.php?site=usedboats.com&section=search&boatId=1753602

Owner has already expressed interest in negotiations, wish I had the money now to make this purchase but it's not in the cards right now
 
I may be a newbie here, and forgive me if this is out of line, but don't you guys see what you are doing here? Sure, it's a soft market right now, but how many of you guys that are telling him to "offer 50% under asking price", and "buy at no more than 40% under the asking price", own boats yourselves? Chances are most of you do. All you are doing is hurting your boat's value! If those two Sea Rays aren't worth squat, what makes you think your own boats are worth anything either? And what happens when the time comes for you to sell your boat? A potential buyer will come to you and offer you 40% - 50% under your asking price because his buddy told him to do it, because he read on some Internet forum that it's a bad market and that's what boats are selling for right now. Like the old saying goes, sh*t runs down hill. We all have a vested financial interest in this addiction called boating, and none of us want to lose our a$$es and potentially ruin our lives just because we want to sell a boat. If the market is bad, let it be what it is and leave it at that. Don't make it worse. Boats, like cars, are worth what someone is willing to pay for them anyway. The price of new boats continues to rise every year, which makes our late model used boats more attractive. HELP make your investment a solid one, don't be a detriment to your and my boat's values.
 
quote:
Originally posted by DarinSchmidtMN

....Boats, like cars, are worth what someone is willing to pay for them anyway...
Click to expand...


I think that is exactly what is inferred here

quote:
Originally posted by DarinSchmidtMN

...HELP make your investment a solid one....

Click to expand...


I'll leave that one alone
 
It's the old law of supply and demand. Right now, there is a whole lot of supply and no demand. I'm sure it will turn around.... someday. I know my boat is worth $10,000 less than I paid for it last fall maybe more and that's on a what WAS a $40,000 boat. I can deal with that. It's a B.O.A.T.T. = Break Out Another TEN Thousand! Why should he offer asking price, or slightly under when it's not worth that much according to the market? If the guy doesn't get his asking price he won't sell the boat. No harm done. If the guy really needs the money and is desperate, he'll take a beating to get rid of it.

As for the blue book value of boats, I could care less. I could sell mine and I'd take a beating, but I'd get a heck of a deal on the next boat! It all works out. I've considered selling ours for $30,000 and upgrading to a VERY nice 340 that is available for $40,000. I just can't trailer that without pilot cars front and back and my son doesn't have a driver license..... yet anyway!
 
I agree with Darin.. I would insist on paying full asking price for either boat
 
Sounds like someone is turtled on their loan.

It's simple economics, supply and demand. Their is no way you can go around getting everyone to pay asking price, it just won't happen. I took a minor beating on selling the boat last spring (good thing I got a heck of a deal when I bought it 4 years ago, I almost broke even), and I'm taking a major beating selling a house that closes tomorrow.

Looking to downsize the SUV now that the next boat will be smaller, and the same used models I was looking at a year ago are now 30-40% less.

It's what you need to do move anything in this market.
 
Seems like most of you have completely missed the point here, either that or you don't bother to read what I wrote. And if I was boatless, had an old cheaper boat, or was very wealthy, then I wouldn't care like most of your responses indicate that you don't.
 
Darin it makes no sense to pay retail prices in this market. Expecting to sell
for retail prices makes no sense either. There are thousands of boats out there
and the ones that ARE selling, are sold cheap. The same in homes and automobiles.
CurrentSea has a boat that is WORTH a lot more than he is asking for it and he
still has not been able to sell it. Same with my boat, if I decided to sell it
today, I would lose a lot of money. I made the decision to buy it, so I am stuck
with it unless I intend on losing 50% of what it "should be worth".
I actually thought about moving to a larger boat, and have been toying around
with the idea of putting mine for sale and buying CS's boat. But every time I put
the practical point into play, it makes no sense. Lets face it, boats are toys,
they are not good investments. Thinking that by someone paying asking price will
correct the market, is the same as thinking gun control will solve violent crimes.
IT JUST WONT WORK!

Ken
 
Ken,
Thanks for the kind words, but your still not getting me lower than $75K. At this point the market is heating up a little, I have had more inquiries in the past 2 weeks than in the past 4 months. Let's only hope. I may have to go through the winter boatless and see what the spring brings in on deals!

Dave
 
quote:
Originally posted by DarinSchmidtMN

We all have a vested financial interest in this addiction called boating, and none of us want to lose our a$$es and potentially ruin our lives just because we want to sell a boat. If the market is bad, let it be what it is and leave it at that. Don't make it worse. Boats, like cars, are worth what someone is willing to pay for them anyway.
Click to expand...


You've stated it perfectly! Let it be what it is. The purchase price is determined by all the factors on the buyer and sellers side. We don't know what drives them to hang on to a higher price boat that won't sell or continually lower that price to get any sale. I certainly didn't offer to pay above market price for my stocks, why would I do that for a boat, car, house or anything else! Even if I DID offer more, my one single transaction isn't going to influence the blue book value and my boat's worth will be subject to what everyone else does anyway. It's supply and demand as stated multiple times.

My boat is NOT a financial investment and I refuse to have a loan. I figure if I can't afford it, I shouldn't own it so it's value won't ruin my life!
 
Darrin,

We are responding to the original question as if we were in his shoes. Basically, in that situation, I will pay as little as possible. I'm not going to pay more than necessary for anything. Buying a boat is not a charity or a subsidy. When I bought the current boat, I got it for a great price. However, since I owned a boat, and didn't want to own two boats, I had to be flexible on my price. NADA value of the boat was $18-20K. I ended up listing for 12K, got interest at 10k and sold at $8500. That was what the market was willing to bear and what I was willing to accept due to the price of the new boat.

If 8500 wasn't acceptable to me, I would have held off and hence held up the purchase of the new boat.
 
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