Buyer Beware

[frahkn]

1 hour ago, IanM said:

I think the OP is suggesting that the 2nd buyer got ripped off as if they'd known it had sold for £50k three years previously then they wouldn't have spent £75k on it.

 

However the market has changed and it really isn't any of their business any more what the boat sold or sells for in the future.  My classic car is now worth £10,000 whereas I bought it for £1,200.  If I sell it does the buyer base their offer on what I paid for it? No. Also does the person I bought it off feel the need to warn people that I bought it for considerably less than I'm selling it for?

 

I say well done to the person that the OP sold the boat to for being able to sell it for much more money!

 

 

When I bought my boat (in 2013) it had the original sales invoice from the builders and the invoice relating to its second sale (I was the third owner).

 

These documents, unlike the service history, BSS etc, were not made available to me until the purchase was complete. I thought that was fair enough, I had the brokers word that they existed and that they constituted sufficient proof of the seller's ownership of the boat, I didn't think that the actual figures were any of my business until I owned the boat (perhaps not even then).

 

 

 

 

Edited January 27, 2023 by frahkn

[rusty69]

The other thing worth mentioning in todays modern internet world is that often past adverts can be found from previous boat sales. It didn't take me long to find that the boat 'Rodgy" which also looked to have been sold for 74K was recently was previously for sale in 2022 for 60K.

Edited January 27, 2023 by rusty69

[Alan de Enfield]

41 minutes ago, rusty69 said:

The other thing worth mentioning in todays modern internet world is that often past adverts can be found from previous boat sales. It didn't take me long to find that the boat 'Rodgy" which also looked to have been sold for 74K was recently was previously for sale in 2022 for 60K.

 

 

The boat I bought for £10k and sold a year later for £13k sold a couple of years after I sold it for £25k (well that was the asking price) Good luck to them.

 

They had painted the interior 'London White' but otherwise was just as we sold it.

 

 

 

Edited January 27, 2023 by Alan de Enfield

[rusty69]

8 minutes ago, Alan de Enfield said:

 

 

The boat I bought for £10k and sold a year later for £13k sold a couple of years after I sold it for £25k (well that was the asking price) Good luck to them.

 

They had painted the interior 'London White' but otherwise was just as we sold it.

 

 

 

Well you know what they say......'Double your money overnight, paint your boat in London White.'

 

Ok, ok, so they don't say that. I just made it up. Sheesh.

[Alan de Enfield]

15 minutes ago, rusty69 said:

Well you know what they say......

 

'Double your money overnight,

paint your boat in London White.'

 

Ok, ok, so they don't say that. I just made it up. Sheesh.

 

 

You Sir, are an Artist !

[rusty69]

Just now, Alan de Enfield said:

 

 

You Sir, are an Artist !

So the landlord at our local tells me.

[cuthound]

8 hours ago, rusty69 said:

There could well be 59 varieties 

 

8 hours ago, Laurie Booth said:

57 actually

 

 

Inflation innit. 🤣

[matty40s]

46 minutes ago, cuthound said:

 

 

Inflation innit. 🤣

That's just the gas..

[Annie cariad]

Sour grapes by the 1st seller .got what you wanted when you sold it now bitching as prices/demand has increased. 

Market forces old boy 

[enigmatic]

On 27/01/2023 at 15:16, rusty69 said:

The other thing worth mentioning in todays modern internet world is that often past adverts can be found from previous boat sales. It didn't take me long to find that the boat 'Rodgy" which also looked to have been sold for 74K was recently was previously for sale in 2022 for 60K.

Sometimes that even works the other way round. When I bought mine I found an ad for about three years earlier which was (i) for more money and (ii) detailed lots of work the owner had done which the broker listing didn't mention

 

[pearley]

We bought our narrowboat for £90000 in 2007, sold it through Rugby Boat Sales in 2020 for £80000 and it's just been sold again for £87500. 

I was very surprised and happy with our £80k and think RBS commission well deserved.