How long do boats sit on trademe for?
Printed From: The Fishing Website
Category: General Forums
Forum Name: The Boat Shed
Forum Description: Discuss all things boating.
URL: https://www.fishing.net.nz/forum/forum_posts.asp?TID=101111
Printed Date: 30 May 2026 at 6:26am
Topic: How long do boats sit on trademe for?
Posted By: FizFisho
Subject: How long do boats sit on trademe for?
Date Posted: 14 May 2014 at 6:28pm
|
Ive been watching one since February, the guy hasnt dropped his price which was already top dollar, but says he is after a quick sale. It seems to me TradeMe people are trying to often get more than what an items worth. In OZ ebay works much better because people seem to have realistic prices (which is driven by the market). Given we are now nearly in winter surely boats become even harder to sell? Ive seen some bargains take a couple of months to sell in summer, I just cant imagine how long it must take to sell a boat at above value in winter. So at what point do you give up asking/waiting for a fair price? |
Replies:
Posted By: Southern_Jez
Date Posted: 14 May 2014 at 6:30pm
|
depends how much of a hurry the seller is to sell ... if the wife told me to put my boat on trade me i would price it starting at $25k ... that way it would never sell ... at least not before the divorce was finalised :P |
Posted By: FizFisho
Date Posted: 14 May 2014 at 6:33pm
|
hahaha nice one SJ, now i get whats going on with this guy. perhaps i need to needle him more about how much value our better halves add to our lives hehe. there does seem to be a far greater percentage of dreamers in nz compared to oz though when it comes to older used boats. often they cost more now than when they were new hehe. |
Posted By: cosmo
Date Posted: 14 May 2014 at 6:39pm
|
so why not open negotiations at least....."hello yes I m ringing about the boat I ll give ya ....." ------------- i just want to go fishing..........amd ignore all my adult problems |
Posted By: FizFisho
Date Posted: 14 May 2014 at 6:45pm
|
been there done that, they said, well im just waiting to see what the market offers, even when i offered the asking price. i think this particular case ive struck a looney. time to move on and take one of the easier options i guess. but most of the time, when i offer say within 10% of the asking price its a no anyway. i just refuse to pay more that what an items worth, especially going into winter. im more frustrated at the consistency of dreamers than it being an occasional issue. of course they dont hae to sell it at the end of the day. perhaps im alone in this thinking because it really is a nz/trademe culture. things just seem so much better and open market with ebay. i miss it. mostly because you can get a wider variety of product. i guess we just dont have the demand in nz. |
Posted By: pjc
Date Posted: 14 May 2014 at 7:09pm
|
do not worry to much,there are looneys out there. no sea trial,no haul out for inspection and i do not care if you are paying to haul it out,no negotiation. wonder why it has been listed since june 2013 ------------- Sex at 58.Lucky I live at 56 |
Posted By: Barrie
Date Posted: 14 May 2014 at 7:31pm
|
A boat I was very keen on started off at one price, I asked a couple of questions then decided that I would wait for a couple of months. It then appeared for $3000 less. I intended buying it at that price but when I emailed, they said they were in starship hospital with a sick child. I asked them to contact me when they were ready. The auction finished and I awaited a email but no so thought I had missed out. A month later it was listed again at another $2000 less. Came home and discussed it with Brenda and she said buy it so went to work ready to do the even better deal than I was willing to pay a month earlier but it had sold. Some people are not at all worried about selling whereas others havnt got the faintest idea how to get back in touch. I was ready to pay $2000 more and was tempted to pay $5000 but the lack of emails cost them $5000. Was a real good deal for the person that bought it for sure when compared to the prices the same boats seem to sell for. If people want to sell, they will meet serious offers but if they dont need to seel then they may as well let it sit and relist when they have to |
Posted By: pjc
Date Posted: 14 May 2014 at 7:45pm
|
prepared to drop $5k you might of come out on the rightside of the deal,what was he hiding?might of been waiting for a sucker.i got caught on first boat price dropped i jumped and yep it cost me $3.5k for a good 2nd hand motor ------------- Sex at 58.Lucky I live at 56 |
Posted By: Kevin.S
Date Posted: 14 May 2014 at 7:46pm
| I've seen boats on trademe for years, boats there when we bought a boat were still there when we bought the next one (same ad, not being sold again). |
Posted By: Time_Bandit
Date Posted: 14 May 2014 at 7:59pm
|
If its a good price not long ------------- “Be yourself; everyone else is already taken.” |
Posted By: Dead Ant
Date Posted: 14 May 2014 at 8:12pm
| I had mine on for about 2 weeks and sold. Fair price for a well known model and was prepared to negotiate. 6 months later there are still some on there that weren't realistic or their wives wanted them to sell... |
Posted By: FizFisho
Date Posted: 14 May 2014 at 8:36pm
|
thats my whole thing, im not looking to rip anyone off, yeah i might offer 20% less than their asking, but thats usually cause they have a 20% mark up on it. from now on im putting zero effort into people who dont seem to want to sell in a bad market for a fair price. screw them. there are still the fair dinkum good dudes around who know its about being fair. |
Posted By: MikeAqua
Date Posted: 14 May 2014 at 8:46pm
|
Until they sell .... |
Posted By: FizFisho
Date Posted: 14 May 2014 at 8:52pm
|
i think the ones that sell the quickest are the ones with a good communicator who is prepared to negotiate a fair deal. ie not some hack trying to offload a 1970s clapped out 14ft hull with a rusty old 70s engine on a rusty trailer for a premium (more than it probably cost new). |
Posted By: Barrie
Date Posted: 14 May 2014 at 9:02pm
I suspect that you are probably correct but it looked good to me.  |
pjc wrote:Posted By: Scuba Skip
Date Posted: 14 May 2014 at 9:20pm
| I sold my last boat within a week of being listed, had a couple look then got a close offer and took it and broke even with it. When buying, a good tidy boat popped up so wasted no time and went for a look with compression tester, multimeter and a pocket full of cash with me. Made a serious offer and towed it home. Selling and buying is easy if ya not a dreamer and yes theres plenty of them |
Posted By: the angler
Date Posted: 14 May 2014 at 9:52pm
| Possibly paid too much them selves and are too stubborn to admit it , I looked fora few months and yep there are some absolute dreamers on trade me especially the ones that think old outboards are worth anything, should start a thread called twats selling junk on T M . |
Posted By: OneWayTraffic
Date Posted: 14 May 2014 at 11:00pm
|
There's currently a second hand (admittedly new second hand) Stabi 5.7 selling at a dealer up North for $48,000. Yamaha 2 stroke. You can buy a 5.7 Frewza new for 10,000 less, with a Honda 4 stroke. For the plastic boats I usually look at prices can vary by 100%. Pays to shop around and take your time. |
Posted By: green guy
Date Posted: 14 May 2014 at 11:09pm
|
yea there are some dreamer's out there on TM, more so with cars i reckon. But as above they don't sell they just sit there, what happened to the good ol days of the trade and exchange. ------------- http://www.facebook.com/hauraki.hillbillys |
Posted By: FizFisho
Date Posted: 14 May 2014 at 11:38pm
|
yeah t n e worked better. trademe has a horrid user experience at that, not sure how does their UX design but its terribad. if kiwis had been like the rest of the world we would have ebay which is a far better system. im just deleting users who wanna dream now. aint got time for it. the way i look at it, u want to sell in winter, expect some up front honest price discussion |
Posted By: Otto
Date Posted: 15 May 2014 at 8:14am
|
Ok then team, comment on this. http://www.trademe.co.nz/motors/boats-marine/motorboats/auction-729635748.htm What do you think price correct ? |
Posted By: CoastalStan
Date Posted: 15 May 2014 at 8:48am
|
You're not giving it away but as some one looking for my next boat in that range I would probably go for some thing like this for around $45k, but thats just me and everyone is different http://www.trademe.co.nz/motors/boats-marine/motorboats/auction-714385705.htm" rel="nofollow - http://www.trademe.co.nz/motors/boats-marine/motorboats/auction-714385705.htm
Plenty of choice out there and plenty of time wasting buyers as well as sellers.
Most enquiries will be from people looking but dont have money or permission to buy.
Most sellers want the most money out of the boat that they can get, especially if upgrading they want to make the change without spending heaps.
If your boat is in immaculate condition and the trailer is perfect, low motor hours and well maintained then why not ask for a good price.
There are plenty of sellers trying to sell well used boats with rusted out trailers and old or no electronics and wanting what they paid for it or even more.
Good luck with the sale, if the offer on the bigger boat is good then you can afford to drop your price to make it work, but dont be rushed into selling if the gain isnt worth the price difference.
|
Posted By: ponty
Date Posted: 15 May 2014 at 9:00am
| I sold my boat for 12 but kept getting texts I have 10 cash will you take it. I was asking 14 I put it on the high side so I could get taken down. I just find it funny when people say they have cash it means that they still automatically be able to drop the price dramatically |
Posted By: the angler
Date Posted: 15 May 2014 at 9:21am
| that white pointer is very nice , surprised it hasn't sold |
Posted By: Southern_Jez
Date Posted: 15 May 2014 at 9:23am
notice the yard sticker of $52995 in photo 2? they have already sliced $8k off for trade me. I find the whole buying/selling process absolutely frustrating in NZ. You put on what you believe is a fair price and buyers screw you down, so you bump it up a bit expecting to be screwed down to that fair price you initially believed and you get no interest. You put it up for a "i want rid of it" price, and the buyers STILL try and screw you down because they think you bumped it up from what you believe was a fair price thinking that you were expecting to be screwed down. I usually go with a start bid of the minimum value I will accept, with a buy-now of what I want. Yet still I have people attempt to screw me down below the start price, even after someone else has placed a bid on the item.
|
Posted By: Otto
Date Posted: 15 May 2014 at 9:24am
|
Cheers for that Coastal. Yep in good nik, well maintained. That White Pointer looks ok to, see it's dropped from 53K It also appears to have 3 batteries. In no hurry so can wait as see. Ponty, only replies I've had have been texts or emails from cons. One of the main reason I stopped using T&E, every add I put on there had every crook under the sun emailing. Also the reason for my comment, if they can't afford to ring they can't afford to own a boat. Guess i'll have to keep hand in pockets while at the boat show. |
Posted By: Barrie
Date Posted: 15 May 2014 at 9:55am
That to me is also the fairest way as it shows you are genuine in wanting to sell but if others feel its worth more to them, great. Every auction either my wife of myself has even had has been the same way although my with has gone the start is buy now so its sold as soon as she get a "bid" |
Posted By: Joker
Date Posted: 15 May 2014 at 11:09am
|
Generally sellers need to get real in their expectations. If a unit is 10 years old and halfway through its useful life then no way can they expect more than 50% of new price given that it is now into the expensive half of its life. Often sellers are expecting closer to 75% of new which is nuts - it doesn't happen on cars so why do they think boats are different. |
Posted By: rahui
Date Posted: 15 May 2014 at 11:18am
| you will still get more on trade me than you would from a dealer, if there is a demand for something then it will sell, if the goods don't stack up they wont sell. you get the best deal you can today, some times you win sometimes you lose, if you love fishing and boating then you will lose a fortune over your lifetime just accept it. |
Posted By: Contract
Date Posted: 15 May 2014 at 11:25am
|
People bagging Trademe here confuse me. What is the difference between TM and Ebay ? I use both. Are they both not auction sites. My gripe with TM are their fees ~ but that is another story entirely ! There is no such thing as "too much" for anything. A price is settled between a willing supplier and a willing buyer. Nobody is twisting anybody's arms here. You may FEEL that the guy is asking too much, but the very fact that YOU want it ~ puts the seller in the box seat. Your house may have a CV of $500,000 but if your land agent said that they could get $1,000,000 for it, would you be the one to say "No thanks, $500,000 is fair"? I don't think so. There ain't no such thing as fair |
Posted By: strx7
Date Posted: 15 May 2014 at 12:16pm
|
I know of one car which has been on and off trade me for sale by the same person for a highly inflated price for probably 5 years now.... |
Posted By: Barrie
Date Posted: 15 May 2014 at 12:17pm
I get brassed off with start prices of say $5000 when the reserve is say $10000. Its not illegal to do it but they have caused me to lose total interest in the auction. Similar to links in this sites for sale part, cant be bothered looking as the beauty of buying from people on here is that you almost know them and trust that they will be honest in their dealings with you. The links are(to me) nothing more than unpaid for advertising that this sites owners get nothing for when the sellers are making money from it. now days I rearly buy from TM but buy often from Ebay |
Posted By: pjc
Date Posted: 15 May 2014 at 5:55pm
|
buyer must pick up.what bit dont people understand?who has time getting shipping prices ------------- Sex at 58.Lucky I live at 56 |
Posted By: Steps
Date Posted: 15 May 2014 at 6:40pm
|
How long do boats sit on trademe for? Well we started looking in the 10 to 20K bracket around 2 years ago, finally brought just over a yr ago... but notice most of the boats that where there 2yrs ago still are... maybe discount a couple Ks. If the boats that we short listed, these where fairly newish listings at the time, reasonble priced... ALL they had already brought their new replacement , or moved on to new horizons outside boating, and all (4) sold within a short time. There are a lot on boat sales yards in this bracket, and still on the yard. Another thing to consider is "is it just boats?" No.. Im also into classic and muscle cars, since the recession started, these 2 have stopped moving, expect those of good quality and reasonable price (same as boats).. thu we are now just starting to see these move again....economy just starting to fire up, economic confidence highest been in years refects this. Do boats market price change as per season change... well most ppl told me so, but follow the markets and no...its just more boats sell with better weather.. and not those that ppl ask top dollar for because they think the price goes up. I think the boats that do move are those that pplk have brought and done their homework on the market before hand, brought solid boats at reasonable prices, and then flick off again at a reasonable price and usually of a better upgraded tidy quality... No different than buying a house a little run down spend 35/45K on it and flick off later...or keep as a rental... those who get stuck. burnt havnt done their homework. |
Posted By: gongfisher
Date Posted: 15 May 2014 at 6:57pm
|
When I want to sell something I generally use trade me and price to sell using either a no reserve or my min price as the start point. It always sells quickly when your realistic. And more often than not I get more than I expected. If the buyers intention is to re sell it good luck to them. When I want something I buy it. Yep probably could play around and get it cheaper but would rather be using it than looking for it. There are only so many sunny weekends in a year, I want to be fishing not looking at stuff to buy when they come around |
Posted By: FizFisho
Date Posted: 16 May 2014 at 11:54am
|
one thing is for sure, if you see a boat that is a good price or fairly priced they go quick. ive missed out on a couple humming and harrring. now i know what is and isnt ideal its a lot easier to jump on something suitable. im at the point where i just dont bother messaging someone who wants top dollar for an average or run down boat. |
Posted By: CanadianJohn
Date Posted: 16 May 2014 at 1:31pm
|
i always prive my boats very realistically. lots of text offers on the ridiculous side which i ignore. first boat sold to first person to view it. second boat to the third person to view it, who then pit it on trademe for several thousand more. buying is difficult. in some ways trademe has made it harder. prices all over the place and unrealistic sellers. |
Posted By: FizFisho
Date Posted: 16 May 2014 at 2:09pm
|
i guess trademe is happy to just take the money for listing it. the one thing i really dislike about trademe is the user experience. it seems to me they have no focus at a systems analysis perspective on UX. simple things like giving more options in the search engine. being able to list your saved favs by price or whatever else you choose. just little basics that in this day and age should be gimmes. makes the whole process of finding a boat, then comparing its value to others very onerous. also why when i limit my search to $5k do i get 20 plus boats above this price up to $20k as an example. just shoddy. im with you CJ, i just price my gear at what is fair and usually below fair, if people are ridiculous i ignore them. frustrating process buying at the bottom end of the market :-) still kicking myself over a couple of boats i wasnt ready to jump on. thats life. |
Posted By: Zambezi
Date Posted: 16 May 2014 at 2:15pm
|
Think fizz boats are unrealistic, try finding a reasonably priced run around equivalent keeler yacht on tardme. That will let you inspect/haul etc. ------------- A man’s comfort in life can be measured by the quality of the toilet paper he uses to wipe his arse. |
Posted By: FizFisho
Date Posted: 16 May 2014 at 2:40pm
|
quite funny zambesi, my plan was to go from 50ft power boat to 12ft fishing boat and in another 24 months 30-40ft keeler for long range boating. thanks for the heads up. |
Posted By: red89mx
Date Posted: 17 May 2014 at 11:55am
|
After using both Ebay and TM , I prefer TM for searching and analysing (would like them to have more sub categories for some items). Agree the TM trading price is a bit high. Pros on Ebay are the purchase guarantee they really do look after you. After a non delivery I had ebay refund the purchase price and give the vendor a rev up (They sent some Yamaha guages surface mail from Eastern europe- took over 12 weeks to arrive....muppets). Fixz I think you are onto it - get a good idea of what you are after, look at a few and pounce with a post deposit right of inspection by Professional of engine/hull. Good quality boats tend to hold price ok....particularly if they do not have old or black motors on the back :). |
Posted By: FizFisho
Date Posted: 17 May 2014 at 12:02pm
|
I agree, Id say ebay from NZ is painful as not many retailers/public use it, but anywhere in the populated world its much better. |
Posted By: Zambezi
Date Posted: 18 May 2014 at 12:47pm
The America's cup ruined the market for us. And I've been watching it for 4 years now. We looked at 3 boats this year, all of them called us back to say they'd had an offer from someone who was willing to pay now with out getting a survey done on the same day we went to have a gander. They were all 26 - 30ft keelers mind you. Only one of them I might have taken with out a survey, but I wasn't going to risk it for the amount of money they were asking. ------------- A man’s comfort in life can be measured by the quality of the toilet paper he uses to wipe his arse. |
Posted By: FizFisho
Date Posted: 18 May 2014 at 4:53pm
|
its a bit like the junk in power boats. 1985 ally hull and 85 engine, surely needs a pro look over. especially with the asking price being near its new price. still get the good sorts on there, just hard sifting through the dreamers and trashed out boats. |
Posted By: pjc
Date Posted: 18 May 2014 at 5:00pm
------------- Sex at 58.Lucky I live at 56 |
Posted By: FizFisho
Date Posted: 20 May 2014 at 10:49am
|
is a 1985 fyran 14ft with 1985 mariner, all looking very rough, really worth $5k, really? |
Posted By: Zambezi
Date Posted: 20 May 2014 at 11:25am
Tracker or Variant? ------------- A man’s comfort in life can be measured by the quality of the toilet paper he uses to wipe his arse. |
Posted By: wayno
Date Posted: 20 May 2014 at 12:32pm
|
When looking for my new boat found an ideal set-up within my budget at a dealer in Taupo via TM, had a mate check it out and went down for a look and possible test run after a few talks with the dealer on the phone. While waiting for my dealer to get it ready another guy (older and much more abrupt, possibly the owner) informed me that the yard policy was "once you take it out on the water you've bought it unless something major was wrong with the engine"... Not impressed by this approach as nothing of the sort had been mentioned earlier - don't know if this is something standard, therefore unspoken within the industry?. Found the trailer was riddled with rust and evidence of recent electrical repairs (wire trimmings and blown fuses in the cockpit) so was getting a bit concerned at this stage, brought up my concerns with the original guy and decided it wasn't worth the asking price, had 2 follow-up calls offering to repair the trailer rust and begging me to reconsider (but no price adjustment) and eventually found a near identical set-up via this forum for $2k more and 10 years younger. Last time I looked that same boat was still listed and I have been enjoying my boat for nearly 18 months now. Just shows what realistic pricing will do. ------------- http://www.legasea.co.nz" rel="nofollow">  To be old and wise you must first be young and stupid. |
Posted By: Steps
Date Posted: 20 May 2014 at 1:17pm
|
Basically the asking price should be the value of the engine and a TOKEN amount for the hull and addons.... Older boat 5.5 to 6m, with say a later model less than 10 yr old motor.. with trailer hull in good condition hull, life jackets, sounder . gps etc 8 to 12K. And at this price , your budget should be the purchase price + the cost of a reliable replacement motor. If the motor dies u have a worthless hull in the backyard. Once the motor has proved its worth , THEN start spending up upgrade Bimini, boat club subs/ ramps, winches, re upholster, upgrade gps/ lifejackets etc. Use the above forumla... which was advised to me back in the early 70s and again 18 months ago u will knowe what u can afford , and what u the market price is what u are looking at. |
Posted By: Steps
Date Posted: 20 May 2014 at 1:19pm
|
Hmm what would have happened if Road runner threw the TV out, instead of a guy with obviously unreal over sized hands ? PC BS gone wrong |
Posted By: FizFisho
Date Posted: 20 May 2014 at 1:35pm
|
Steps could I use that formula for a 14ft tinny too? So as example One I mentioned, 14ft fyran with 30hp yamaha, all 1985, its in well used condition but trailer seems to have little rust. Are you saying my price should be the value of he 30hp 85 yammy plus a smaller percentage for the boat and trailer etc. Id imagine the engine would be worth $1500? So $2500 would be a fair price? The guy wants $5000 firm. Going by your theory is kind of what I want to do, buy a fairly decent hull and trailer and sell the existing engine and put a new 30hp on the back. |
Posted By: MarkE
Date Posted: 20 May 2014 at 2:48pm
|
Boats are expensive. Expect FA for $5k. ------------- Sea Strike 18' Centre Console - Under Construction.... http://www.fishing.net.nz/asp_forums/sea-strike-18-build-thread_topic87723_page1.html" rel="nofollow - Build Thread here |
Posted By: FizFisho
Date Posted: 20 May 2014 at 3:23pm
|
true, ive had boats well in excess of $200k, not really the point though. there is a market at each end. a $12k boat new is worth $9k in 25 years? i dont think so. at this point im trying to understand steps formula for valuation. |
Posted By: Southern_Jez
Date Posted: 20 May 2014 at 3:26pm
for $5200 you can get a high sided pontoon 14 foot dinghy brand new ... get your own trailer and motor. That's a bit more than FA isn't it? I think half the problem is people selling for dumb prices arent told why their prices are dumb, people just walk away. There is no helping those that dont want to seriously sell (eg its only on trademe to keep the wife happy, im prefectly happy it is on the lawn), however those seriously selling should be told in clear concise reasons why you are not willing to meet their price. Most reasonable people wont mind so long as you have fair reasons for your stance.
|
Posted By: Southern_Jez
Date Posted: 20 May 2014 at 3:30pm
http://www.rba.gov.au/calculator/annualDecimal.html that site is the first one i found, aussie based (due to works network being based in aussie), but a $12k boat in 1985, is a $33k boat today ... so $9k doesnt seem so bad those figures are based on aussie inflation, but it would be pretty steady with NZ.
|
Posted By: FizFisho
Date Posted: 20 May 2014 at 3:58pm
|
where is your depreciation in there Jez, i can assure u its a lot higher than inflation rofl. :-) im finding people done want to listen to reason though, u explain it down to the last letter the value and how you came to the price and they just get offended. i think half the problem is they paid WAY to much for it and wont let their ego get told otherwise. a bit like property price crashes. |
Posted By: Steps
Date Posted: 20 May 2014 at 6:11pm
If the boat and trailer are in reasonable condition....but the trailer has rust....rough estimate to fix that? couple grand made??? asking 5K no way What would the value of a rusted trailer and a 14ft tinny be worth? Considering my son has just been given a tinny in reasonable condition for free a couple months ago...guy couldn't sell it. And that leave a rusted trailer....what would that be worth, and would anyone actually buy it anyway? When we brought our old boat, had a budget of 18K Trailer in excellent condition , thu had to touch up a couple welds here and there, and a bearing no rust, cost about 60 The boat new bimini, ripped out the inter and replaced +re upholstered...that was about 1600.. repropped with 7mph better cruise at lower rpms and 50% saving in economy... 200 .. full engine service 800.. sundries (toilet, upgrade flares, gelcoat etc) supose another grand /1200. engine a solid 2004 115 johnson low hrs And the boat came with all receipts for the last 10yrs. Cost 11K for the boat The guy knew he paid to high a few yrs ago, knew he had spent far too much in repairs maintenance, and knew realistically what it was worth....close enough we didnt even bother to haggle price. Now have a very tidy boat, reliable, all up cost 14/15K Which is the ball park for most of thev same type of boats , old engines and when on actually sees them... crap... as so many others have commented in this thread. |