Alan Gomes
Sustaining Partner
When I first glanced at this ad I thought maybe someone added an extra "0" by mistake: http://www.yachtworld.com/boats/198...1/Santa-Barbara/CA/United-States#.WC3Pt7IrJKc (It's also listed on Craig's List here: http://santabarbara.craigslist.org/bod/5879601666.html)
Then I thought, "Gee! Maybe I should list my boat for $50K and turn a tidy profit!"
The reason for the price is not the boat but because it comes with a Santa Barbara slip, which is not easy to obtain. Someone buying that boat will probably turn around and list the boat alone for $5K so they can put something else in the space--just wait.
Slip availability and pricing is pretty crazy in Southern Calif. In my area (San Pedro) there is more supply than demand, so there are plenty of vacant slips in some very nice, well-maintained marinas. But other places, not so much.
Then I thought, "Gee! Maybe I should list my boat for $50K and turn a tidy profit!"
The reason for the price is not the boat but because it comes with a Santa Barbara slip, which is not easy to obtain. Someone buying that boat will probably turn around and list the boat alone for $5K so they can put something else in the space--just wait.
Slip availability and pricing is pretty crazy in Southern Calif. In my area (San Pedro) there is more supply than demand, so there are plenty of vacant slips in some very nice, well-maintained marinas. But other places, not so much.
