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  Market price
  Posted by: booztalkin on Feb-05-13 7:42 PM (EST)
 

Market price is defined as the price a willing buyer will pay a willing seller. How bad do you want the canoe?

Why is it so shiny? That worries me a little.

The boat probably has a lot of life left in it. If you just gotta have a Tripper, that one is a lot cheaper than a new one. OTOH, when that seller bought the Tripper, it cost less than $1000. I usually figure my used boats should go somewhere around 50% to 70% of what I paid for them, but I'm also not out to make money.

I feel most sellers over value their boats.

If you monitor the market for a while you can get a feel for what the boats are going for. Then adjust up or down for the condition of the boat.

That's a lot of typing to say very little. If it is a mistake to pay $700, it's not a big mistake.

Sorry to not be more specific,

~~Chip

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