I live in NJ, the M boats are not very common around here and less for sale. 
I know I pay good amount of money for an old boat, but did not have to cross 
the country. I knew what I wanted. In fact there were bigger and nice boats at 
half the price for sale in the same shop. But needed a big truck to haul them 
or a slip. The boat was well equipped and in good shape. If i pay in excess I 
will save in storage and transportation. I think ( and my opinion is the most 
important to me) I made a good deal. No I will not tell how much so I will not 
listen to what other people think about my deal.      
   
  Orlando Velez
  M15 #266 

"Steve R." <[EMAIL PROTECTED]> wrote:
  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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