Thanks, one confirmation that I made the right choice, first time out!
---L.  #189

-----Original Message-----
From:
[EMAIL PROTECTED]
[mailto:[EMAIL PROTECTED]
ion.com] On Behalf Of Steve R.
Sent: Friday, March 23, 2007 9:53 AM
To: [email protected]
Subject: M_Boats: re: The value of a Montgomery


Let me begin by saying "Hi" to Jerry and Bob and thank both of you for
your continued support.

One thing to keep in mind about the M-15 in particular is that storage
is simpler and less costly than for larger boats.    If you visit the
bulletin boards of bigger boats or look at the "for sale" sites you will
find a lot of boats are available "for free".  The owners just give up
on paying fees for a slip or storage.  Call the extra price for an M
boat a convenience premium.

Another thing at least as far as the Eastern owners go is there are
fewer boats available than there were a few years ago, before those big
hurricanes hit.  The supply is beginning to thin out.  And have you
check the prices of new boats?  The cost of everything has gone up.
 
Many 15s are kept in covered storage and look far better than bigger
boats of similar vintage.  I have twice had people ask me during gas
stops if I am towing a new boat.  No one believes it is 20+ years old.

I saw Skip's boat when she was on her way to MD.  I had looked up the ad
and I thought for $3,800 he got a good deal.  Now after I began fixing
my boat up, my wife asked if I would have been better off buying a new
boat or maybe a new trailer.  The trailer took a lot of work but she
sure tows good and loads easy.  Maybe I would have been better off
buying new.  My boat is nice and no offense to Jerry but the boats Bob
builds are super.  Bob keeps raising the bar year after year just like
Jerry did when he was building them.

We sold our last house on our own by setting up a web site, buying ads
in the local papers and with a blank contract that I bought off the
internet.  I would do the same thing again, but next time I will start
with a higher asking price.  People seem to believe that sellers will
come down drastically once you start negotiating.  Not only were we
being low balled, we had one couple that made multiple, identical low
ball offers.  The fact that they were driving by the house at all hours
of the day and night was not a particularly clever negotiating tactic on
their part.  If I had known that Howard was a pro I should have gotten
him to do an appraisal when he stopped by.

I bought my boat sight unseen after I had a survey done.  The survey
value was 20% above the asking price and the surveyor commented on the
substantial construction of the scantlings (sp?).  It was a no-brainer
for me at that point.   Maybe a survey could help a seller establish a
price point. 

If I have an issue with price, it is that some of you guys are selling
your boats too cheap.  When you look at the market I think the
Montgomery boats are a great value.  I wish I had a fleet of three.  No,
make that four as I would need a dink for my 23.

steve

Steve R.
M-15 #119
Lexington, KY

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