25 FT C-DORY - $75000

[akbpilot]

Saw this on the Alaska Craigslist if anyone is interested. Not sure if the seller is a member. http://anchorage.craigslist.org/boa/397122245.html

[matt_unique]

Are owners able to sell their boats at these prices? I hope yes as a potential owner but it's hard to believe. I find several used C-Dory's that are 4-5 years old selling for only $5000 less than a brand new boat. Unless this was a boat finished by Dr. Bob or such I would never risk a used purchase for only $5G less than a brand new boat, even on one with $2G in electronics.

Again I hope owners are able to retain this kind of equity but it's hard to believe.

--Matt

[Sarge]

Matt,

Have you talked to a dealer about purchasing a new CD25? $75k is not $5k less than a new CD25, it is more like $25K less than a new CD25.

I can point you to another thread if you think I'm blowing smoke...

[matt_unique]

The prices you are referring to are MSRP, not necessarily the dealer selling price.

[drjohn71a]

Matt,

This topic can be frustrating, but the reality is that the base price of a C-Dory includes some items and many others are not included. Those are "options". The trailer is an "option".

If you can get a new boat worksheet and list the items and options, you will find that the actual final costs of boats is far above the MSRP, etc. . C-Dory keeps flat rate prices or something like that to their dealers, so any differences in the final price are usually involving shipping, or optional equipment.

Water heater, head, baitwell, extra railing, anchor and lines, windlass, canvas, trailer, etc.. add many thousands. Try going to the C-Dory site and add up the basic extras.

It can easily cost $10-15,000 for electronics installations.

It looks to me like most sellers are mainly trying to pay off the balance owed, not trying to make a big profit.

John

[matt_unique]

Ha ha - no kidding!

I am certainly not referring to the base boat price listed on the C-Dory website in my MSRP references above. I am talking about delivered, with trailer, and rigged with engine(s). There are deals to be found with research.

--Matt

[mikeporterinmd]

Depends on what you want. I've put at least $2,000 into our boat, not
counting the trailer,
plus the windlass (not installed yet), which is probably going run 750.
Add in a camper canvas which is worth somewhere between $2-4K, and
it is easy to end up with a pricey boat. As best I can tell, the price I
paid for the 22 was in line with the market at that time, so I doubt I
would sell it for much less than $38K now. For those adding, we
do not have camper canvas.

Anyhow...options - assuming the buyer values them - can really
push up the price of the boat. For instance, if you value the simplicity
of a CD-22, don't want shore power, don't want a GPS, and plan to
not trailer your boat, then it would not make sense to buy mine.
(Also, it is not for sale unless a grossly high price is offered.)

That being said, it is not really possible to determine if this boat is
worth the asking price because there are not enough details.

Mike

[drjohn71a]

As mentioned, the basic history is that a well-equipped, new CD 25 could easily run you over $100,000. A bare bones, no frills, where you install everything yourself could be a little cheaper.

It is not unusual to find new CD 25s whose owners who have invested much over $100,000. It is not unusual to find new TomCat owners who have invested $150,000 or more. Those are the facts of life.

Getting a 25-30% reduction on that is doing pretty good.

John

[Sneaks]

[thataway]

Agree that a new C Dory 25 will be over 100K. I had a trailer built to my specs for $4,600. Dealers generally will charge more than that. The Windlass cost about $650--Factory option $1567.
Wallas $2713.

Some items now standard were options in 2004. If the electronics were professionally installed add significantly more for their costs.
Another issue with an Alaskian boat, is the delivary up to Ak.
A 20 hp kicker is another plus--

Todays boat with the factory windlass, stove and trailer is very close to $75,000. This does not include electronics, anchors, transport and set up, let alone engines: "cheap" engines would run in the $14,000 range. I agree it would be easy to get up to $100,000. This is a 2004 boat, so we dont' know what problems it may have or what upgrades have been done.

[matt_unique]

[Al & Pat Parker]

Hi folks,
We may be the latest ones to purchase a new CD-25, took dely July 24. We got a good deal, based on what's being said here. VHF radio, engine controls, 150HP 4-stroke, no diesel stove, but with windlass & camper back canvas, and what we feel we need for short range cruising in the Pamlico Sound area of NC (no trailer), incl. installation of our chartplotter. To be fair to our great dealer, who we feel gave us a good deal, we'll just say it was less than $80k. That includes shipping across the country. Come to eastern NC (Mobile East Marine) for a good buy, and nice people. (it's still a lotta $ - anyone want to buy a 27ft sailboat?)

[flapbreaker]

Comparing boat prices can be difficult. Especially when electronics are involved. You can buy a chartplotter for under 1k or you can buy a full electronic package for 5k-10k especially when getting into Radar, autopilots ect.

In the northwest many of us choose the wallas stove. Add 2k for that. Trim tabs? Radar Arch? Dual axle trailer vs single axle? Swim step? Windlass? Shore power? Washdown pump? Downriggers? Hydrolic steering or cable? The list goes on. Sure there are deals to be had but don't fool yourself. You get what you pay for.

[Alyssa Jean]

Your correct Flapbreaker, although of your short list, on the 25 hydraulic steering, trim tabs, and shore power are standard. Your right on with the rest. If you want a 25, a good electronics package including radar, a tandem axle trailer, wallas, or equivalent, and camper back. Then add a power windlass, anchor and rode and a VHF radio with antenna. In some cases a kicker and bracket. Now look at some of the custom items that will come along on many boats, Cabinetry, extra interior lighting, both white and red, upgraded wipers, intermitant wiper switches, windshield fans, AM/FM/Stereo, speakers, galley cabinets and storage, inverter.

Factory prices of the boats are just for the hull. When you add up all the rest you are, for all practical purposes, at $100K.

Oh, did you want a dingy. Most boats get sold with dock lines, and fenders also. I know, just a couple of hundred bucks. Couple here, couple there, I can come up with several thousand just in little things. On my trailer I have added a galvanized catwalk and bow ladder.

I see so many nice custom additions to many boats that I think generalization of used value is all over the place. I am sure there are used boats out there that you can get for a song in comparison to others of the same model. And if you are someone that wants a project boat that would be a good way to go. For example, one of the most pristine and well cared for 16's out there is Bambina here in the NW. 1989 and looks brand new. You can't compare Brocks Bambina to another 16 that is listed for $6000, because there is NO comparison to what you would get. (Bambina is not for sale, by the way).

[drjohn71a]

Also, don't forget the $8,000 Sales Tax tab! And property tax in some states too...

John