OK, I may be crazy $$

[capt jake]

...but somebody looked at my Weekender yesterday and asked what I wanted for it. :shock: I am curious as to what people thing it may be worth, specially those of you who have seen her. I through out a number, $4,000, and he didn't balk at all! I don't want to gloat, but it is a nice boat and always gets people's attention. Should I be thinking more?

I am really undecided as of yet, and I wasn't planning on selling. Who knows; maybe this won't even come to be and I will never see him again.

Thoughts?

[Dave R1]

I've been pondering selling my Weekender lately. Mixed feelings about it and I don't quite know what I want for her. If you think about what you have invested in the big stuff, it's pretty easy to get the number up higher than you think.

[capt jake]

I've been pondering selling my Weekender lately. Mixed feelings about it and I don't quite know what I want for her. If you think about what you have invested in the big stuff' date=' it's pretty easy to get the number up higher than you think.[/quote']

Dave, you are thinking along the same lines as I am....very mixed feelings....

[Joel]

John, There is no doubt that your Weekender is a first class boat. I think it is probably worth more than 4K but.... You would definitely have to wait for the right buyer. Maybe you should talk to your friends over at Devlin. I am sure someone there would have an idea how to price it.

On the other hand, what are we talking about here :?: I may have to call an emergency meeting of the Puget Sound messer-abouters to set up an intervention. I think this whole power boat thing might be getting out of hand :shock:

[Mike Routley]

Sell your weekender :shock: I agree with Joel. Your weekender is about as nice as they come. If he didn't balk at 4k I would go for more. Buying your kind of craftsmanship isn't cheap. I also agree that we might have to have some kind of intervention. Perhaps we could all chip in and get you a set of plans for a Vacationer

[capt jake]

Puget Sound Messabout??? Whaaaatt? Oh, I remember us talking about that MANY years ago. LOL

If we could get you two and are missing Barry to finish up...........

I think that would be great fun! :)

[Hirilonde]

The prices paid for boats is a confusing issue. I have known beautiful well crafted boats to never illicit bids any where near what they were worth. I have known garbage scows to sell for far more than they were ever worth. The only known facts about boat values are:

1. no matter what you pay to buy a boat you will spend more on it soon after

2. no matter how much you spend on your boat you will never get it back selling it

3. you can always buy a boat but you can't always sell the one you have when you want to

[Craig]

Jake when I built the Saralee I did a life cycle cost analysis with a design life of 5 years. I estimated sails; trailer and motor would salvage at 50% of cost and then depreciated the boat over the 5 years. She cost about $12k finished and God only know what I have spent on modifications. Elimination the cost and salvage values from above I am looking at a build cost of ~$8500. She has 7 seasons on her this year. $8.5k divided by 7 gives $1250 per year of real life cycle cost at the end of this season. I figured on the design life of 5 years so that worked out to $1750 per year for the five years, still not a bad cost in these terms. I really expect with the repairs made to date that she should last at least three more years at the current rate of deterioration. If I keep up with first class repairs she will go much longer than that. Once your design life cycle cost reaches $0 the rest is profit. If you add modifications that increase value or usability then that cost must be added to the basis and the annual cost to own/operate recalculated. We tend to over estimate the market value of things because they cost so much in the first place.

Another interesting twist to do as an exercise is to see how much money that old truck is making for you! Saralee has an old Cadi that she will not part with and I drive an old Dakota well past it's prime but still very much serviceable. Both vehicles have exceeded their realistic life cycle and most people would have traded them years ago. Given the life cycle costs are now zero except for maintenance and repair we must compare these coats to the costs of replacement vehicles. Money saved being money earned these are making me ~$15-20k per year in moneys not expended. If you look at the cost of your boats in this way it is a lot easier to see what the true market value may be. A chat with Devlin and some of his surveyors will help too.

[capt jake]

Well, the individual interested in my Weekender stopped by yesterday and he is still interested. It's hard to think of parting with it. Kind of like when the kids decide to move out, He has half of the money and says he will have all of it by the end of the month. I have to make up my mind!

I haven't been out yet this year, though I wish I could. We are in high gear on a remodel, so that will be taking all of my time until at least mid July.

Decisions, decisions....

[Charlie Jones]

If you sell it for 4k, you'll have the money to build another boat!!! And that's not a bad thing

[Ken_Potts]

To go out one last time you could insist on one "sailing lesson" as a condition of sale...

[John Turpin]

You know, that spot where the Weekender sits could hold any number of interesting new projects. If there is someone out there that would love your Weekender and sail her, that's a good thing.

[capt jake]

To go out one last time you could insist on one "sailing lesson" as a condition of sale...

That is one of his requirements.

[PAR]

What isn't mentioned is the most important figure of all and the most difficult to place a value on. How much enjoyment have you gotten from the vessel and what would you be willing to value those experiences.

Cars are easy enough to relate to, so it makes an simpler example. Lets say you have a car, one you bought new after falling in love with some element of the thing (looks, economy, engineering, etc.). It provided good service over the years you owned it, with few difficulties. You put tires on it when it needed them, waxed her up and took care of your pride and joy. Now it's time to sell, so what's it worth?

It's worth the average resale value of others like her right? Nope, she's worth a lot more. She got you to work fine, even though you got up late, more then once and beat her hard to get there on time. The occasion little Johnny fell off the roof and had to be rushed to the hospital, she more then doubled her value. Compared to a car that may not have been as reliable or capable of darting in and out of traffic, like the possessed wildman behind the wheel required that day. How much was that worth to you? Maybe being the love machine that help consummate your marriage? What's that worth to you?

In short, you'll never get what she's really worth, frankly you already have, on the countless occasions she happily served you, family and delighted on lookers and friends. Remember the feeling you had, when she hit the element she was intended to ply, for the first time? That's payment Jake . . . and she's been holding her butt up, in similar fashion, ever since.

Get what you can from a third party and be grateful she was as generous as she was to you. She could have drowned your ass, but apparently she liked you enough not to.

[JeffM]

Paul, this one's a keeper. (And I'm not talking about the boat.)

[Barry Pyeatt]

Man-0-Man, I for one would be seriously bummed out if you let her go. But I would understand, I think. :cry:

Is it worth #$4,000? Yeah, and then some. But only to the right person. That is the challenge. Only to that person that is wanting something that they know that they can't build themselves and yours is a very special Weekender. Not many could finish one out as nicely as you have or maintained it as nicely either. I for one would seriously miss going out with you. Some how the Skippercraft just doesn't have the same appeal to me that the Weekender has. But then, it does have more appeal to the other more important people in your life and they will enjoy being out on the water with you in it where the Weekender doesn't and won't ever fill that place with them.

Would I ask more, certainly if I had an interested party. Would I accept $4,000, probably, if I didn't feel that I would use it much any more. I would sure have second thoughts though. But then, I'm a wind powered type primarily. Just can't get all that excited about runabouts for my own use.

Having said all that, I would seriously miss the chance to get out in the South Sound with you on occasion. But I'm not the reason for you to keep it. And you will certainly be invited to get out up this way with me.

[RHCherry]

I just joined this discussion group because I've ordered the Weekender plans for my 1st boat project. I built a pop-up camper last winter and am now being bitten hard by the Boat Bug! There's not a lot of places to sail here in Indiana, but it's been a dream of mine to learn to sail.

The thought of you parting with the boat that you put so much time into seems strange to me. BUT! maybe you should take the money and build a Bigger one! Isn't there a great satisfaction in knowing something you made and nurtured is bringing so much joy to someone else who may not have the skills and talents to provide for themselves?

[capt jake]

I do have very mixed feelings, but this guy is the one who inquired. I haven't advertised! Unfortunately, I only get out when a 'certain' person is down here. Though I may be able to get out more, it may also be time to re-prioritize my agenda.

Now my wife says that the proceeds should be used to offset building costs for our re-model! :shock: At least for the short term (so she says). She may be right, in a financial sense.

[RHCherry]

Well! WOW! What a decision! I am sure you put a lot of time, money, and personal sacrafice into the boat. I would settle the problem this way!!!! I would go sit in her one more time and tell her you are thinking about selling her. She will let you know what she wants.

[Joel]

Well Jake if I hurry and finish my weekender we might get one sail in together! I sold my Portabote, electric trolling motor,and 3hp sears gamefisher last week. It was hard to part with those, cant imagine giving up the weekender.

joel