Dinghy development: Bad time to sell?

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Bad time to sell?

Printed From: Yachts and Yachting Online
Category: Dinghy classes
Forum Name: Dinghy development
Forum Discription: The latest moves in the dinghy market
URL: http://www.yachtsandyachting.com/forum/forum_posts.asp?TID=1233
Printed Date: 15 Aug 25 at 12:37am
Software Version: Web Wiz Forums 9.665y - http://www.webwizforums.com

Topic: Bad time to sell?

Posted By: Jamie600
Subject: Bad time to sell?
Date Posted: 24 Nov 05 at 6:47pm

Never really thought about this, but is this time of year the wrong time to sell a boat, or does it not matter that much now that most people sail all year round?
I've just put my RS600 up for sale but does anyone think I might have more luck either after xmas or even next spring?
By the way if anyone does want a 600, I am open to cheeky offers!

Replies:

Posted By: Stefan Lloyd
Date Posted: 24 Nov 05 at 7:25pm

Originally posted by Jamie600

I've just put my RS600 up for sale but does anyone think I might have more luck either after xmas or even next spring?

Definitely wait until spring. Kind of doubt this is the moment when many people are thinking "Great time to get a boat I'll have to do lots of swimming to get to grips with".

Posted By: Hugh
Date Posted: 24 Nov 05 at 7:48pm

Personally it doesnt bother me when I buy regarding cold weather as I sail all year round anyway. However I am more likely to buy at the end of the season because I know that prices are reduced then.

I however am the exception to the rule; boat prices are deflated at this time of year and demand is lower so it is not the greatest time to sell. The best time to sell is probably february - march onwards as this is when demand is highest (at the start of the season).

Posted By: Jamie600
Date Posted: 24 Nov 05 at 7:56pm

Thought so - bugger :o(

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RS600 1001

Posted By: Just Me!!
Date Posted: 24 Nov 05 at 9:01pm

how much are you selling it for?

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When We Are Sailing Downwind See The Wind In My Hair As I Roll You And Wave Goodbye!!

Posted By: Guest
Date Posted: 24 Nov 05 at 9:28pm

Originally posted by Jamie600

Never really thought about this, but is this time of year the wrong time to sell a boat, or does it not matter that much now that most people sail all year round?
I've just put my RS600 up for sale but does anyone think I might have more luck either after xmas or even next spring?
By the way if anyone does want a 600, I am open to cheeky offers!

It all depends on demand ... I just sold my Musto Skiff (I have a new one on order), I had 4 people call about it in a week;t one brought it two of the others brought other Mustos within the same week ... Like I say depends on demand for your class.

Rick

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Posted By: Bally
Date Posted: 25 Nov 05 at 1:07am

Why are you selling Jamie? Are you moving into something bigger and better?

Can you go much faster on Pennine!

Posted By: Jamie600
Date Posted: 25 Nov 05 at 12:31pm

No, just getting a newer 600, I'd like a Musto but I want to spend another year in the 600 to see if I can improve at all, it's a running joke in the class that I come second in every open meeting so I want to see if I can do any better than that with a newer ship.
Plus it's an easier step financially, rather than going from a £2500 RS to a £6000 Skiff!
Gives me another year to argue with the sailing club committee that a Musto is perfectly safe on Pennine!

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RS600 1001

Posted By: Jamie600
Date Posted: 25 Nov 05 at 12:43pm

Originally posted by Just Me!!

how much are you selling it for?

£2500 with 2 sails, combi and all the bits!

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RS600 1001

Posted By: m_liddell
Date Posted: 25 Nov 05 at 6:22pm

A bad time to sell is just after you've paid the compound fees! When the fees come seem to dictate when people sell their boats though I guess it depends on the class. For expensive boats it may be better to wait until the spring.

Posted By: Guest
Date Posted: 26 Nov 05 at 11:22am

Originally posted by Jamie600

No, just getting a newer 600, I'd like a Musto but I want to spend another year in the 600 to see if I can improve at all, it's a running joke in the class that I come second in every open meeting so I want to see if I can do any better than that with a newer ship.
Plus it's an easier step financially, rather than going from a £2500 RS to a £6000 Skiff!
Gives me another year to argue with the sailing club committee that a Musto is perfectly safe on Pennine!

Jamie,

Bite the bullet and make the jump - yes it will cost you more to buy but the boats hold there value very well. Dan Vincent has just brought one so you'll have a chance to turn over and old 600 friend.

RIck

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