25d-Over priced?

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Mike

25d-Over priced?

Post by Mike »

I've noticed lately the prices of 25d are sky rocketing. Case in point: a 1982 25d in South Carolina just listed for $29,500. I realize you can ask what ever you want to, but my question is: Are these boats actually selling at these prices, or are they just wishful sellers?
Don't get me wrong, these are wonderful boats, and there were not that many made. They are probably worth every penny spent. I just remember when you could pick thses boats up for $15-19,000 a couple of years ago. Are these becoming collector items? Has anyone else noticed a Cape Dory that seems to be comanding premium prices? You input is, as always, much appreciated.

Mike




mwankum@tribune.com
John Nuttall

It's nice to own a boat that goes up in value.........

Post by John Nuttall »

............as opposed to some that seem to have no bottom !!!

As I look around at the brokerage boats, the yards are littered with old Hun***** and Cat***** in the 25 foot range with asking prices of $3000 and NO TAKERS. They have been sitting for years.

Meanwhile a well maintained "Good Old Boat" will get snapped up at nearly 10 times the price.

As for a $29,500 CD25D ??? Why not ??? A Flicka - not nearly the boat - just sold for $28,000 in my neck of the woods.

Cheers,
John
s/v Aimless
CD31 #28
Oriental, NC
Clay Stalker

Re: It's nice to own a boat that goes up in value.........

Post by Clay Stalker »

John Nuttall wrote: ............as opposed to some that seem to have no bottom !!!

As I look around at the brokerage boats, the yards are littered with old Hun***** and Cat***** in the 25 foot range with asking prices of $3000 and NO TAKERS. They have been sitting for years.

Meanwhile a well maintained "Good Old Boat" will get snapped up at nearly 10 times the price.

As for a $29,500 CD25D ??? Why not ??? A Flicka - not nearly the boat - just sold for $28,000 in my neck of the woods.

Cheers,
John
s/v Aimless
CD31 #28
Oriental, NC
John:

I have to respectfully disagree with you regarding the Flicka...I have a close friend who sails one out of Warwick, R.I. and this is a very solid, well-built, well-engineered boat that you could sail around the world tomorrow. They sell for high prices because they are of extremely high quality. Cape Dories are wonderful, solidly built boats, but one should be careful when comparing them to Pacific Seacrafts....In any event, the 25D has been acquiring cult status partly because of John Vigor's book, "20 Boats etc." and partly because they are excellent pocket cruisers with a unique interior arrangement. When this happens, the price naturally goes up. Before I purchased my CD27, I looked at several 25Ds and like them a lot, but many had soft cockpit soles and some had other minor problems (which are seldom seen on Pacific Seacrafts, by the way). I decided that, for my purposes, the 27 was a better value and there were more of them to choose from. The bottom line...if someone pays a fair price for any Cape Dory and maintains or upgrades it, they will never lose a dime. There are few boats like this built today, and those that are are prohibitively expensive (Morris, Norsea, Bristol Channel Cutter and Falmouth, Pacific Seacraft). As for the 25D at $29,000?? It may still be a bargain at that price when compared to what else is available...and besides, a boat is actually worth what one is willing to pay for it....Enough of my gab!!

Clay Stalker
CD27 Salsa #247
Bristol, Rhode Island



cstalker@cheshire.net
Bob Dugan

Re: 25d-Over priced?

Post by Bob Dugan »

Mike wrote: I've noticed lately the prices of 25d are sky rocketing. Case in point: a 1982 25d in South Carolina just listed for $29,500. I realize you can ask what ever you want to, but my question is: Are these boats actually selling at these prices, or are they just wishful sellers?
Don't get me wrong, these are wonderful boats, and there were not that many made. They are probably worth every penny spent. I just remember when you could pick thses boats up for $15-19,000 a couple of years ago. Are these becoming collector items? Has anyone else noticed a Cape Dory that seems to be comanding premium prices? You input is, as always, much appreciated.

Mike

For what it's worth, I recentlhy paid $20,600 for a 1983 CD25D Hull #92 up here in Mass.

The surveyor said that based on his analysis of the market, he thought I was probably paying a little more than I needed to for the boat, but that she was in good condition.

He thought a fair price was between 18K and 20K based on the condition of the boat.

I think I got excited about "Cricket" because the previous owner took good care of her, because of Vigor's book, and quite frankly because of this bulletin board!

Bob



dugan@stepzero.com
Dean Abramson

Re: 25d-Over priced?

Post by Dean Abramson »

Hi. Could someone tell me the title of "Vigor's book?" What sort of book is it? I own a 25D, and it is a really terrific boat.
Dean Abramson
"Mariah"
Bob Dugan wrote:
Mike wrote: I've noticed lately the prices of 25d are sky rocketing. Case in point: a 1982 25d in South Carolina just listed for $29,500. I realize you can ask what ever you want to, but my question is: Are these boats actually selling at these prices, or are they just wishful sellers?
Don't get me wrong, these are wonderful boats, and there were not that many made. They are probably worth every penny spent. I just remember when you could pick thses boats up for $15-19,000 a couple of years ago. Are these becoming collector items? Has anyone else noticed a Cape Dory that seems to be comanding premium prices? You input is, as always, much appreciated.

Mike

For what it's worth, I recentlhy paid $20,600 for a 1983 CD25D Hull #92 up here in Mass.

The surveyor said that based on his analysis of the market, he thought I was probably paying a little more than I needed to for the boat, but that she was in good condition.

He thought a fair price was between 18K and 20K based on the condition of the boat.

I think I got excited about "Cricket" because the previous owner took good care of her, because of Vigor's book, and quite frankly because of this bulletin board!

Bob


dabramson@mainephoto.com
Bob Dugan

Re: 25d-Over priced?

Post by Bob Dugan »

Dean Abramson wrote: Hi. Could someone tell me the title of "Vigor's book?" What sort of book is it? I own a 25D, and it is a really terrific boat.
Dean Abramson
"Mariah"
Bob Dugan wrote: Bob

"Twenty Small Sailboats to Take You Anywhere", John Vigor. Here's a link to amazon ->

http://www.amazon.com/exec/obidos/ASIN/ ... 37-9716748



dugan@stepzero.com
Robert

Re: 25d-Over priced?

Post by Robert »

I believe that John owns a CD25D himself. He used to occasionally post on this board although I haven't seen anything recently.

Robert, s/v Zephyr CD28 #230
Ken Coit

Re: It's nice to own a boat that goes up in value.........

Post by Ken Coit »

John,

Was that, by any chance, Katy Burke's Flicka? Is she still around Oriental?

I really do like Pacific Seacraft boats, but they do tend to be very cultish and expensive. It would be OK with me if the CD line became cultish too.

Ken

John Nuttall wrote: ............as opposed to some that seem to have no bottom !!!

As I look around at the brokerage boats, the yards are littered with old Hun***** and Cat***** in the 25 foot range with asking prices of $3000 and NO TAKERS. They have been sitting for years.

Meanwhile a well maintained "Good Old Boat" will get snapped up at nearly 10 times the price.

As for a $29,500 CD25D ??? Why not ??? A Flicka - not nearly the boat - just sold for $28,000 in my neck of the woods.

Cheers,
John
s/v Aimless
CD31 #28
Oriental, NC
Ken Coit

John Vigor's Books

Post by Ken Coit »

Dean,

Check them all out at the link below.

Keep on sailing,

Ken Coit
CD/14
CD/36 Parfait
Hailing Port: Raleigh, NC
Sailing from: Beaufort, NC

Dean Abramson wrote: Hi. Could someone tell me the title of "Vigor's book?" What sort of book is it? I own a 25D, and it is a really terrific boat.
Dean Abramson
"Mariah"
Bob Dugan wrote:
Mike wrote: I've noticed lately the prices of 25d are sky rocketing. Case in point: a 1982 25d in South Carolina just listed for $29,500. I realize you can ask what ever you want to, but my question is: Are these boats actually selling at these prices, or are they just wishful sellers?
Don't get me wrong, these are wonderful boats, and there were not that many made. They are probably worth every penny spent. I just remember when you could pick thses boats up for $15-19,000 a couple of years ago. Are these becoming collector items? Has anyone else noticed a Cape Dory that seems to be comanding premium prices? You input is, as always, much appreciated.

Mike

For what it's worth, I recentlhy paid $20,600 for a 1983 CD25D Hull #92 up here in Mass.

The surveyor said that based on his analysis of the market, he thought I was probably paying a little more than I needed to for the boat, but that she was in good condition.

He thought a fair price was between 18K and 20K based on the condition of the boat.

I think I got excited about "Cricket" because the previous owner took good care of her, because of Vigor's book, and quite frankly because of this bulletin board!

Bob


[img]http://www.goodoldboat.com/bookshelf/vi ... _boats.jpg[/img]
parfaitNOSPAM@nc.rr.com
Dana

Price....

Post by Dana »

Well it is nice to hear that the CDs are attracting attention. Certainly at $29K ..that is still well below most of the CD25D original price. And of course some folks want a quality boat for $X within their budget and size needs. It will hit an point somewhere which will probably equalize around the cost of a CD27 and CD28. It may be that the CD25D cost control will be the other CD models....i.e. if none of the other models do not change as well....

Anyway...I think this board and the people behind it have certainly has played an important role in supporting and maintaining interest in the CD line, its present and future owners, and sailing in general......Well done ....



darenius@aol.com
Will W.

Re: Price....

Post by Will W. »

I think this board definatly helps the value of CD's. Several times I have told someone I have a CD, to have them comment that "they have a very active/helpfull website". So it seems to generate interest from lots of sailors. In fact I met someone because of this site who has a Bristol 27. He was surfing the CD site because of his interest in Alberg's other designs. We may have met anyway since we are at the same marina, but the first contact was through this site.
In a recent magazine article about the Alberg 30, there were a couple of things the writer mentioned as positve. One was that the porblems with these boats and the solutions, were well documented. Another was that there was an active association that was helpfull and they had an active communiity of sailors. These are certainly qualities that this board gives to anyone considering buying a CD. I'm sure that the knowledge that help is readily available increases the value of CDs. I know I have benefitted greatly from this board and the people who help here.

Will Wheatley
Suzi Q
CD25
Sailing from Chesapeake Beach, MD

Dana wrote: Well it is nice to hear that the CDs are attracting attention. Certainly at $29K ..that is still well below most of the CD25D original price. And of course some folks want a quality boat for $X within their budget and size needs. It will hit an point somewhere which will probably equalize around the cost of a CD27 and CD28. It may be that the CD25D cost control will be the other CD models....i.e. if none of the other models do not change as well....

Anyway...I think this board and the people behind it have certainly has played an important role in supporting and maintaining interest in the CD line, its present and future owners, and sailing in general......Well done ....


willwheatley@starpower.net
Mike

Re: 25d-Over priced?

Post by Mike »

It all started a several months back with an invitation from John and June Vigor to spend a weekend on their Cape Dory 25d, Jubula located in Bellingham Washington. Since the CD 25d is right at the top of the list of my all time favorite boats, we were excited to accept the generous offer. To sum up the weekend experience. John turned the boat over to Kit and I, we spent a day and night aboard, we were smitten. John, who in 1987, sailed a 31 foot Camper & Nicholson sloop from South Africa to the US with June and their son, mentioned he has this desire to do it again, solo. He said he has an eye on a similar boat located in South Africa and with the current favorable exchange rate, was considering acquiring it. He asked if we might be interested in purchasing the Cape Dory. The deal was finalized last December and the boat now resides in Oregon with a new name. (used John's De-naming and re-naming procedure). The 25d was manufactured in 1982 and is need of some, but not serious, restoration. The boat has an extensive inventory as might be expected, a rebuilt engine, mostly original condition, newer sails and no Cetol. Best of all it was on the West coast avoiding the 4000.00 shipping cost of an east coast boat. Took well over a year to find a suitable 25d.
MIke



mikit@pioneer-net.com
Bob Ohler

Re: 25d-Over priced?

Post by Bob Ohler »

Mike,

I sold CD25D, Hull #2 last June. She was sold to an elderly gentleman from Hilton Head, SC. I am wondering if the listing that you saw is beloved Aloha Spirit. Can you tell please where you saw the listing? I looked on "Soundings," but did not see it there.

My CD25D was one heck of a boat. She moved my horizons and I advanced my abilities at the same time. I took her all over the Chesapeake, many times sailing solo. I sailed her in ALL conditions, including once when Hurricane Dennis was passing by. She and I were "one."

I did speak with her new owner last Fall. He had the hull painted blue, either re-powered or overhauled the engine, and installed roller furling. If the listing you saw is my old boat, then he has done a considerable amount of work on her, and he probably has more than the $29K that he is asking in her.

Drop me an e-mail, if you can.

Bob Ohler
sv Aloha Spirit
CD30 Hull #335

Mike wrote: I've noticed lately the prices of 25d are sky rocketing. Case in point: a 1982 25d in South Carolina just listed for $29,500. I realize you can ask what ever you want to, but my question is: Are these boats actually selling at these prices, or are they just wishful sellers?
Don't get me wrong, these are wonderful boats, and there were not that many made. They are probably worth every penny spent. I just remember when you could pick thses boats up for $15-19,000 a couple of years ago. Are these becoming collector items? Has anyone else noticed a Cape Dory that seems to be comanding premium prices? You input is, as always, much appreciated.

Mike



bobohler@chesapeake.net
Bob Ohler

Re: 25d-Over priced?

Post by Bob Ohler »

Yes, it is definitly my old CD25D, Aloha Spirit. I am gald to see that she is in good shape, but I sure hate to see her being sold again so soon.

Sigh.

Bob Ohler
Bob Ohler wrote: Mike,

I sold CD25D, Hull #2 last June. She was sold to an elderly gentleman from Hilton Head, SC. I am wondering if the listing that you saw is beloved Aloha Spirit. Can you tell please where you saw the listing? I looked on "Soundings," but did not see it there.

My CD25D was one heck of a boat. She moved my horizons and I advanced my abilities at the same time. I took her all over the Chesapeake, many times sailing solo. I sailed her in ALL conditions, including once when Hurricane Dennis was passing by. She and I were "one."

I did speak with her new owner last Fall. He had the hull painted blue, either re-powered or overhauled the engine, and installed roller furling. If the listing you saw is my old boat, then he has done a considerable amount of work on her, and he probably has more than the $29K that he is asking in her.

Drop me an e-mail, if you can.

Bob Ohler
sv Aloha Spirit
CD30 Hull #335

Mike wrote: I've noticed lately the prices of 25d are sky rocketing. Case in point: a 1982 25d in South Carolina just listed for $29,500. I realize you can ask what ever you want to, but my question is: Are these boats actually selling at these prices, or are they just wishful sellers?
Don't get me wrong, these are wonderful boats, and there were not that many made. They are probably worth every penny spent. I just remember when you could pick thses boats up for $15-19,000 a couple of years ago. Are these becoming collector items? Has anyone else noticed a Cape Dory that seems to be comanding premium prices? You input is, as always, much appreciated.

Mike



bobohler@chesapeake.net
Robert Pierce

Re: 25d-Over priced?

Post by Robert Pierce »

Mike,

That is great news. Congrats
Mike wrote: It all started a several months back with an invitation from John and June Vigor to spend a weekend on their Cape Dory 25d, Jubula located in Bellingham Washington. Since the CD 25d is right at the top of the list of my all time favorite boats, we were excited to accept the generous offer. To sum up the weekend experience. John turned the boat over to Kit and I, we spent a day and night aboard, we were smitten. John, who in 1987, sailed a 31 foot Camper & Nicholson sloop from South Africa to the US with June and their son, mentioned he has this desire to do it again, solo. He said he has an eye on a similar boat located in South Africa and with the current favorable exchange rate, was considering acquiring it. He asked if we might be interested in purchasing the Cape Dory. The deal was finalized last December and the boat now resides in Oregon with a new name. (used John's De-naming and re-naming procedure). The 25d was manufactured in 1982 and is need of some, but not serious, restoration. The boat has an extensive inventory as might be expected, a rebuilt engine, mostly original condition, newer sails and no Cetol. Best of all it was on the West coast avoiding the 4000.00 shipping cost of an east coast boat. Took well over a year to find a suitable 25d.
MIke


Robert-Pierce@attbi.com
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