R. Bush
Veteran Member
I was looking at yet another boat. It wasn't all that different from others I have looked at, but the price was considerably higher. The main difference was that this one was made of steel instead of the usual fiberglass.
It occurred to me that I have no feel for how the material from which a used boat is built affects resale value, so I though I would pose the following question to the great hive mind:
A buyer walks into a used boat lot. They see three 1980s era slow trawlers sitting there. They look to be identical, have the same equipment installed, and are in similar condition. The only real difference is that one is FRP, one is aluminum and the third is made of steel. Would you expect these boats to have a similar price, or will the price vary significantly depending on the material from which they are constructed?
Looking forward to hearing what people have to say.
It occurred to me that I have no feel for how the material from which a used boat is built affects resale value, so I though I would pose the following question to the great hive mind:
A buyer walks into a used boat lot. They see three 1980s era slow trawlers sitting there. They look to be identical, have the same equipment installed, and are in similar condition. The only real difference is that one is FRP, one is aluminum and the third is made of steel. Would you expect these boats to have a similar price, or will the price vary significantly depending on the material from which they are constructed?
Looking forward to hearing what people have to say.