Used boat price based solely on its condition HELP!!
Eh, I missed this part in the original post.
I was thinking more along the lines of "A 14 year old Lund Mr. Pike might have a NADA around $5000, but if you had one with low hours on the motor, in good shape, you could get more than $5000 for it pretty easily."
If the boat was $8500 new fourteen years ago it's not a very high end boat and in no way worth what it cost new.
It is pretty common for higher end boats to sell for more than NADA in good shape. Acquisition cost is nuts.
If you like it, make sure to take it for a test run.. Offer him what you feel comfortable giving him for it. Have in your mind a walk away price and stick to it. Don't worry about insulting him. Just make your offer, and If you can't agree on a price, walk away. like used cars there is aways another out there.
To get a valuation, or at least a good base line to work from check this link:
They probably won't have your particular boat there but they might be able to give you a good starting point. Personally if I were to be spending that much I'd either go with a downsized new (100%) or get a cheap used boat and put the cash into a brand new motor. This is kind of what I did only the boat sat for a decade with a shot motor before I got it back on the water. I got the motor from the site I sent you. Keep in mind that there are shipping charges involved with this site & they require it to be installed by a dealer. Given the shipping charges I doubt I would by an actual boat from there.
The guy you are talking with though; stay away.
You ever notice how poorly many older two strokes run the first time out every Spring.
Within limits, the more they run, the better they run. I agree with ml2trick, letting them sit for years is not a good thing...
Post more info. on your boat and lots of folks on here can help you sort it out.
Also, NADA is a starting point, not an ending point.
NADA was $10,805, and a dealer called and offered me $12K cash, sight unseen. (I'm guessing he thought it was worth more than NADA as well)
I sold my 2002 Lund 1675 Explorer SS with a Merc 90 on it for $3500 less than I purchased it for new, five years later. (also within a week)
And I sold my 1990s Lund with a 50hp Johnson for $500 less than I paid for it after using it 4 years. (again within a week)
It's hard to get decent used boats in the $5-$15K range, they go quick.