25d-Over priced?

Discussions about Cape Dory, Intrepid and Robinhood sailboats and how we use them. Got questions? Have answers? Provide them here.

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Bruce Janssen

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

Post by Bruce Janssen »

I have over 30K, labor not included ,invested in "From now On" (not a single reget, most of the money is in improvements )not that I plan on selling her, but I won't take less than 35 or 40 ! It is nice to see the prices going up. : : ............as opposed to some that seem to have no bottom !!!
Clay Stalker wrote:
John Nuttall wrote: 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


bvjanssen@yahoo.com
Clay Stalker

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

Post by Clay Stalker »

Bruce Janssen wrote: I have over 30K, labor not included ,invested in "From now On" (not a single reget, most of the money is in improvements )not that I plan on selling her, but I won't take less than 35 or 40 ! It is nice to see the prices going up. : : ............as opposed to some that seem to have no bottom !!!
Clay Stalker wrote:
John Nuttall wrote: 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
I'm not at all surprised. I paid $23,000 for my 1982 CD27, and have invested more than $5,000 in her already!! New North 135 genoa, new Harken furler, new cockpit cushions, new Origo stove, Fortress anchor, Tiller-Tender steerer, new head plumbing, new galley pump, new bilge pump, new hoses and Racor filter etc. etc. It just doesn't take long. I have no plans to sell her, but wouldn't even consider an offer less than $28,000 at this point. And I have a new main on order for next year as well. I suspect the prices of Cape Dories will continue to climb as folks realize that they are essentially good boats that lend themselves to upgrading very well. I thought my boat was a steal at $23,000!! Imagine that. Who would have guessed!

Clay Stalker



cstalker@cheshire.net
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