FS: 1980 Hatt 53MY. MAJOR price reduction. $110,000 FIRM

[GaryNW]

Some things depreciate, some things don't:
1) rec boats, well we've discussed that.
2) cars, we all know about these.
3) houses- too driven by the location, location, location thing. It stuns me what 500K gets you in Seattle these days. Possibly no garage, maybe no off-street parking.
4) boats that barely depreciate? Comm fishing boats. In 1985, 1.2M would buy the best of Delta's Alaska limit seiners. That very boat is selling for about the same money today after 30 years of being worked. Comm vessels are a business and more driven by replacement cost. The tech was already perfected in 1985. Latest electronics are easily added.
5) Guns. Again the tech perfected long ago.
6) Airbus A380's? Friends don't let friends buy a new one.

The market rules, we deal with it

Gary

 

[arkiehawg]

Thanks for the post...very nice

 

[Toolsntoys]

I bought this boat for far less then the advertised price and it will be having a full refit completed get a couple years. Stay tuned.

Pete.

 

[MadHatter53]

I took a look at Saraswati and realized it wasn't for me but would be a nice boat to completely rehab.
I still haven't found the ONE but I'm looking. I noticed today the Sea Princess looks to be back on the market

 

[oscarvan]

I noticed today the Sea Princess looks to be back on the market

So it appears except it's in Edgewater now instead of Pasadena........ This thing is putting the surveyors' kids through school. All they have to do is change the date and print it out.....

 

[MadHatter53]

I think it's the same place, yeah if it's the same surveyor, no price reduction either. I love the ad stating it's the "finest" on the market. I would love to see the survey and price valuation.

 

[fastmover]

Are there any pictures of the boat?

Thanks.