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Started By
Message
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 10:21 pm to jordan21210
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 3/4/14 at 10:24 pm to jordan21210
Just used that site to price my two small tillers. An '85 Yammy 2 SK listed 600, while my '93 8 horse Merc' was only at 450. Don't make much sense to me
Posted on 3/4/14 at 11:30 pm to LSUMurse
quote:
They're asking over 7K, maybe you're too low.
I think they're too high...that motor is in Ireland.
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!
Posted on 3/5/14 at 7:18 am to Grassy1
NOt a bad idea, anyone ever try and sell it back to a dealer such as Ascension Marine or similar?
Posted on 3/5/14 at 9:51 am to Elusiveporpi
Search ebay, CL, hull truth, any other classified for similair models. See what peopke are asking andvtgen try to figure out what is actually selling.
Posted on 3/5/14 at 12:11 pm to Elusiveporpi
quote:Come on, man. Then what are they gonna do with it? They're gonna sell it to make money, which means they aren't going to give YOU what it's really worth, because they're going to try to get out of it what it's worth. List it for $5500 and see what happens. You're undervaluing it at $4500, unless you just want it gone super fast. Get what it's worth, man. I wouldn't take any less than $5200 for it unless I was desperate.
anyone ever try and sell it back to a dealer such as Ascension Marine or similar?
Posted on 3/5/14 at 2:16 pm to Fishhead
im in no rush, I like the feed back im getting, if i can get 5k for it, i will be thrilled. its in perfect condition. So i guess i should expect more
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