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How much do outboards depreciate?
Posted on 3/4/14 at 9:10 pm
Posted on 3/4/14 at 9:10 pm
If all goes well I'll have a new to me boat this weekend. That means I need to sell my old motor -2011 Yamaha F50. Light wear ( not missing any paint and stored inside. 50 hours max.) Paid 6200 for it with controls and SS prop, What would be a good asking price? 4500 and hope for 4000? To low or high..... help me out!
4
Posted on 3/4/14 at 10:15 pm to Elusiveporpi
Honestly, I think you can do better than that. I suggest getting on Craigslist or Ebay and price some similar motors for sale.
Now, if it was a 40 hp tiller, I'd tell you it isn't worth $1000, and I'd be there to pick it up tomorrow...but I can't use a fitty.
Now, if it was a 40 hp tiller, I'd tell you it isn't worth $1000, and I'd be there to pick it up tomorrow...but I can't use a fitty.
Posted on 3/4/14 at 10:15 pm to Elusiveporpi
LINK
I have no clue how the market is on used outboards, but based on suggested NADA value I'd probably list it at $5000 or $5500 and go from there.
I have no clue how the market is on used outboards, but based on suggested NADA value I'd probably list it at $5000 or $5500 and go from there.
Posted on 3/4/14 at 10:24 pm to Elusiveporpi
Found one on sale here: LINK
They're asking over 7K, maybe you're too low.
If you're in no hurry to sell, I'd start high and work my way down.
They're asking over 7K, maybe you're too low.
If you're in no hurry to sell, I'd start high and work my way down.
Posted on 3/5/14 at 6:33 am to Elusiveporpi
Maybe check out ebay.
Might be a good indicator.
Good luck!
Might be a good indicator.
Good luck!
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