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Post by moe58 on Oct 19, 2020 1:05:26 GMT
Hi
I currently own a 2017 SO 389 I bought new from Jeanneau. I am considering selling her to buy a 410, but I am not sure what her fair market value is, in order to figure out if I can afford the switch. I have looked at somewhat similar boats currently listed on boats.com and yachtworld.com but only got a general idea. My SO 389 is in excellent condition inside out. If anyone on the forum has better information about what I can get for her, I would appreciate the advise.
cheers
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Post by NZL50505 on Oct 19, 2020 5:06:10 GMT
Where is the boat and what are the market(s) that you would expect to sell it into?
And where are you looking to buy from?
By way of example, I live in NZ and just sold a boat to a NZ buyer but I bought a bigger and newer boat in Malaysia (for not much more money). But the costs of shipping and importing into NZ bump the cost back up but still better than buying locally.
In these Covid times there are several distortions to normal market forces resulting in some great deals if you get creative 😊
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Post by apo on Oct 19, 2020 10:16:36 GMT
We had a 2015 SO379 which we bought new and kept in excellent condition. In September last year at the Southampton Boat Show we saw the SO 410 and after a test sail and a visit to the factory in France (interestingly a Beneteau one) to see the impressive production line, we decided go for it. That was mid November. In January and luckily just before Covid, we were pleased to sell the 379 for approx 90% of the price we paid new in 2015. We took delivery of the SO410P in September and paid roughly double the price we sold the 379 for. We have already sailed some 200nm, spending 20+ nights on board. We love her! If you do go for a 410 do make sure you go for the bow thruster option. We did not have one one on the 379 (and didn't need one) but the 410 tends to have a mind of its own when manoeuvring at low speed!
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Post by moonshadow on Oct 19, 2020 12:15:38 GMT
Definitely a difficult question to answer without a lot of information. I bet a local broker or your dealer could give best advice on pricing. Location is a big variable. Boats seem to cost more in the USA than what I see advertised elsewhere. And given the wide range of options prices are really variable. Cabin layout and sail plan options add different value. And each buyer would weigh options toward their needs. A cruiser might want fewer cabins, a generator, Davits etc. while these would be deterrents to some buyers.
Enjoy your planning and shopping!
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Post by zaphod on Oct 19, 2020 15:59:13 GMT
You should speak to Fraser Yachts since they are the ones you will be getting your new boat from. They will likely take your boat in trade. They will be able to show you historic sales data that will give you a good idea what it is worth. When looking at boats prices across the border don't forget to allow for the extra 10% tariff due to Trump's trade war.
Your boat will probably sell quite quickly around here. When I was buying my 39i there was another one on the market that sold in less than 2 weeks. Fraser found ours because the owner was contemplating an upgrade, so they contacted him and brokered a deal. Our boat was never even listed. After we bought it the previous boat came back on the market and again sold in a matter of weeks!
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Post by Don Reaves on Oct 19, 2020 23:18:33 GMT
I recently had a very thorough survey, which was required by my insurance company. The survey included a value estimate, which was in large part based on prices for boats of similar condition, quality, size, etc. In my case, the quote was 2/3 of the original value, which was quite good, since it's 16 years old.
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Post by moe58 on Oct 20, 2020 13:32:36 GMT
Thanks to all who responded.
I have decided to list her on boats.com.
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Post by zaphod on Oct 21, 2020 18:20:08 GMT
Thanks to all who responded. I have decided to list her on boats.com. I am curious, how much are you listing it for? What data did you use to determine that price? |
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