Price Help - 2019 212 Limited S

[Mandiime]

Local guy is asking 57000 for this boat... doesn't it retail for 53? I wan't to make him an offer that's fair and start from there.

 

[HangOutdoors]

Does he have any upgrades to it? Also a lot of sellers increasing their prices because they can probably get it with the shortage of boats available. It isn't uncommon to see used boats right now priced close to MSRP over the last couple years or so. Come Mid to Late August once the new line is out and being delivered to dealers weekly, used boats may cool off a bit. Again he may have many thousands into it with upgrades as well.

 

[Mandiime]

Does he have any upgrades to it? Also a lot of sellers increasing their prices because they can probably get it with the shortage of boats available. It isn't uncommon to see used boats right now priced close to MSRP over the last couple years or so. Come Mid to Late August once the new line is out and being delivered to dealers weekly, used boats may cool off a bit. Again he may have many thousands into it with upgrades as well.

Im asking now. The add doesn't say anything about upgrades. Very vague. Just says he works too much to use it. He says it has 4 years left on warranty, cover, ropes, all the normal stuff. I know boats are short right now and we are in summer, I have cash right now and just want to make sure I don't make a dumb purchase before i do my homework

 

[HangOutdoors]

If all it has is a cover, check which cover it is, and some ropes and Coast Guard stuff, he appears to be high on his price. Check NADA boat prices and look for other similiar boats posted to get a feel. Of course, as I indicated most are selling at a premium which could fade in the near future.

 

[Mandiime]

Roger that. Thank you.

 

[AZMark]

That’s a high price but he paid more than MSRP when you include all the dealer fees and taxes. Hopefully no sales taxes on private sales where you are.
For reference I paid 50 for a one year old 212LS last year with 10 hours and just a cover from a dealer.

 

[HangOutdoors]

@AZMark No way to determine if he paid more than MSRP, that is just an assumption. I paid a lot under MSRP OTD with everything included. It would depend on when he bought and what type of deal he was able to cut.

 

[IvanRZB]

I would suggest that whatever he paid is irrelevant; look for comparable boats to see what a fair price is in the current market, add in any upgrades he may have, and figure out what you're comfortable paying. It appears that nowadays you'll have to pay a premium or wait a few months.

How many hours on this boat?

 

[Adrian @ JB Solutions]

I would suggest that whatever he paid is irrelevant; look for comparable boats to see what a fair price is in the current market, add in any upgrades he may have, and figure out what you're comfortable paying. It appears that nowadays you'll have to pay a premium or wait a few months.

How many hours on this boat?

This - what he paid doesn't matter. The market value is what matters, and the market is sky high right now.

 

[hapyfishrmn]

He is likely trying to pay off his loan amount or come close. Don't require yourself to pay off someone's loan amount because they made a decision that no longer works for them.

Regarding upgrades my opinion is 'certain' upgrades are for the current owner, so be careful how much value you put into them. Would you have added the exact ones or something similar yourself if they weren't there?

He can ask whatever he wants, but I agree with @IvanRZB, be reasonable in giving him a price. If they can't respect that, then you should probably keep looking as it might be too difficult to deal with. In the end, if you must have it NOW then there is a price to pay to boat this season. Otherwise stick to your price and be patient.

I have gone by the statement: "you never make a worse decision by waiting" its served me well.

 

[AZMark]

@AZMark No way to determine if he paid more than MSRP, that is just an assumption. I paid a lot under MSRP OTD with everything included. It would depend on when he bought and what type of deal he was able to cut.

You got a good deal then. I could not find that on a 212 after a very long search.

 

[AZMark]

This - what he paid doesn't matter. The market value is what matters, and the market is sky high right now.

Agreed what he paid shouldn’t affect what the buyer is willing to pay. Just making the point that the seller likely isn’t flipping this boat for a profit. They retail closer to $56, if it’s got <10 hours on and the warranty is transferable then you’re basically getting a new boat for less than you will pay at a dealer with fees and taxes any time soon. The taxes are enormous on a purchase like this in some states.

 

[HangOutdoors]

You got a good deal then. I could not find that on a 212 after a very long search.

Yes I did, but mine was an 2020 AR210 not the 212 and I hit it just before the rush started at the end of April.

 

[Mandiime]

Boat has 20 hours on it.. says warranty is until 2024.. is it not transferable??

 

[hapyfishrmn]

I know Yamaha's Y.E.S. warranties are transferable. A Yamaha dealer will help with it. They do a full inspection of the boat mechanics and electronics. I think its called PDI. It is about 1.5hrs of labor and usually $100 transfer fee. Your looking around $200-300 total cost.

Can't answer for a 3rd party warranty

 

[Mandiime]

yeah you're correct. They are going to do an inspection on everything for $250. My sale is pending that inspection. he came down on price.

 

[AZMark]

yeah you're correct. They are going to do an inspection on everything for $250. My sale is pending that inspection. he came down on price.

Wait...are you saying you're buying it?! You really did have cash burning a hole in your pocket! Good luck with the purchase

 

[Mandiime]

Wait...are you saying you're buying it?! You really did have cash burning a hole in your pocket! Good luck with the purchase

Value is subjective right? Yeah, I have been looking for months now. I went, I saw, I loved.

 

[HangOutdoors]

@Mandiime Yes value is subjective to the purchaser. I hope it passes inspection and I know you will enjoy the boat. Pics when you take possession! GL

 

[Mandiime]

Absolutely.. went for the bigger one for a lil more money so I can do what I want to do with it. Appreciate you guys helping me out. You guys are all bad ass. Ill have this boat for a very long time