national redwing

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ALIBONE
Posts: 18
Joined: Fri Oct 16, 2009 10:56 am

national redwing

Post by ALIBONE »

Can anyone tell me a realistic price for an early redwing complete and ready to sail in vgc
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Ed
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Re: national redwing

Post by Ed »

Just what you are prepared to pay for it....and not a penny more.

I am sorry....I know that doesn't sound very helpful....but it is pretty honest.

If I had to make an estimate scale it would be something like this:

Start with a basic price for a classic racing dinghy of around £800-£1200 for a boat in good working condition - ready to go, with all supporting kit.

If it was in exceptional condition the price will go up to something closer to what it would of cost to get it in that condition....but who knows what that is?

If it has an exceptional history...the same as above.

It it is 'bigger' (FD, Jollyboat, Ospresy) and in good condition then maybe a bit more...

If the class is very popular (Wood Wayfarer)....then a bit more...

If the boat is still competitive.....then a bit more...

If the boat is currently stored outside.....less

If the boat 'has to go' .....then less.....much less

If the owner is selling it on behalf of someone else.....less

But starting from that base cost of £1000 ish (for argument)

Start deducting the value for anything that is not in 'good working' condition with over 50% of its life left.

So deduct the full cost of a new:

Trailer, Combi, Trolley

Cover or covers, including bottom?

New set of sails, if others are not up to it

Any other kit that needs replacing

Estimate for the cost of any work, including varnish (remember it is easy to put £100 of paint/varnish on a boat), sandpaper etc.

If you do this, you will find that boats quickly fall to being in the £400-700 range which is where many of us buy and expect to pay about the same to get it up to racing scratch.

Hope this helps

eib
Ed Bremner
CVRDA


Jollyboat J3
Firefly F2942
IC GBR314 ex S51 - 1970 Slurp
MR 638 - Please come and take it away
Phelps Scull
Bathurst Whiff - looking for someone to love it
ALIBONE
Posts: 18
Joined: Fri Oct 16, 2009 10:56 am

Re: national redwing

Post by ALIBONE »

Thanks ED
for this resume of the way you asses boat value.I hope to apply your thoughts next week when i hope to buy something to keep me busy this winter.
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