Need V20 Purchase Help

reodds · #1 05-25-2010, 06:54 PM

Hi Everyone!

I am a newbie to this forum, but have been a boater and V20 owner for many years. My first V20 was a 1979 I/O which I sadly had to sell several years ago.

I now have the opportunity to purchase a 1984 model in o.k. condition, with a 2000 Yamaha 150 2 stroke.

It needs some TLC, as in some rips in the seats, the glass needs some minor repairs, etc. all consistant with a boat of its age.

My question is that the seller has the boat listed at $5,995, and is open to offers, but I have no idea what it is worth.

Any help would be greatly appreciated.

Thanks

Roger

Curapa · #2 05-25-2010, 06:56 PM

Take a look in the for sale section to get an idea of what they generally sell for. I have posted a few in the past month or so from my area.

Where are you located?

RWilson2526 · #3 05-25-2010, 07:19 PM

The 2000 motor definitely adds a couple bucks to your average vintage '84 V-20 price....location will have a some to do with it as well as some parts of the country seem flooded right now with V-20's.....2 years ago you were at about 6K....with some of the prices i've seen lately it would be nice if you could get it for under 5K....All depends on how well the previous owner remembers opening his wallet for that 2000 Yamaha.

reodds · #4 05-25-2010, 07:29 PM

Thanks guys. I live on Long Island (New York), and the boat is a being sold through the dealer that services and stores it for the owner - as a "must sell" deal.

The prices I've seen on this forum and elsewhere, have been significantly lower than the asking price of this boat, that is why I need some advice.

charlie_the_tuna · #5 05-25-2010, 08:31 PM

where are you on the island? i'm in long beach. the price is all motor. i just posted one in jersey with an older motor for $2,500. 6 grand for an 84 is alot of dough. keep looking.

http://newyork.craigslist.org/jsy/boa/1748025440.html

Curapa · #6 05-25-2010, 09:09 PM

Reodds, Looks like Charlie has a great boat for ya.

Destroyer · #7 05-25-2010, 11:16 PM

Ok, first things first. $5995 is a LOT of money and there is no such thing as a minor fiberglass repair. Does it come with a trailer? if so is it a single or double axle? What shape is the boat in? Have you heard the motor running? Did they offer to take the boat out for a test drive? Is the transom sound? How about the stringers? Are there any soft spots in the floor? Does it have all it's cushions? Do any electronics come with the boat? How about a Coast guard safety package? etc., etc., etc. Remember, you're buying from a dealer... Frankly, I don't trust a lot of them. Also remember, they are trying to make money, not only for the boats owner, but also for themselves.. That's their job. So the price is going to be higher than what you would normally find in Craigslist or eBay or iBoats or wherever for a private sale.

Charlie gave you a link to another boat that's for sale in a marina in Lake Hoptacong, NJ. It's not that far a ride and could save you thousands of dollars. If it's the boat that I saw at a marina a few weeks ago (and I think it is) then as long as the motor is ok the boat is definitely worth the asking price. Call the guy up. Ask to see the boat. If it's the Mt Prospect Boat Yard then that's the boat I saw.... and it looked to be in really nice shape.. just needing a good cleaning... But remember, ASK the same questions to this boat as to the other one. Pay particular attention to the transoms on both boats. Hope this helps a little and welcome to the forums here.

inaforty · #8 05-26-2010, 12:21 AM

We went an looked at the boat in NJ last Fall. Let's just say it was a "WASTED" weekend and 2 tanks of gas in the truck.

reodds · #9 05-26-2010, 06:22 AM

Charlie, I live in Merrick, PM me, and we'll talk.

Destroyer, I saw the boat on dry land, and checked it out as best as I could (without using screw drivers or wrenches!). I then took it for a test drive.

The hull is sound - the fiberglass work needed is a very minor repair where it looks like the boat knocked a dock a bit roughly, and damaged the port rub rail in one small area. The transom appears good with no cracks or repairs. There is a "soft spot" above the gas tank, and I am having the cover removed for inspection and repair as needed. The motor is quiet, strong and have the service records since new. There is recent canvas in perfect condition, and all the other cushions are original (i.e. they are o.k. but ultimately need to be replaced). It has a Horizon radio, Garmin fish finder, and is set up for fishing, as expected.

As I mentioned, the asking price is just that. The dealer (who I know for many years, is extremely reputable, and who will probably be selling my '92 22' Kencraft CC) is taking all offers. My initial question was to get an idea of "what is the going rate" for a V20 of that era and condition. By the way, I am not against any reputable marina making a sales commission, if they are entitled to it. If I buy this boat, it will be serviced at this particular marina, and the work done is guaranteed. That in my opinion, is worth something.

It is really great to see that this forum exists. I have decided that I will be buying a V20 (whether this one or not, remains to be seen.), and I am really happy to have found you guys, I will need all the help I can get!

Thanks a lot for your continued help and support.

Roger

csvencer · #10 05-26-2010, 06:30 AM

As someone one has shopped for too many motors lately, I can tell you that the Yamaha is worth around 3K depending on how clean it is. Now you figure in what a trailer is worth, single axle of that vintage, probably not more than 500-750 bucks, double 1000, now you are left with the hull and extras. I don't think a V20 hull that is 26 years old and needs repairs is worth more than 750 (you can find them free if you look). So total that up and you are looking at $4750ish... I think I wouldn't be offering them any more than that. Just my .02 though.

-Svence