Glen-L.com

It's time to sell the Bullet my son and I built in 2008. A friend at work is quite interested in it. How do you go about pricing a home-built boat? I used vertical grain douglas fir for the stringers, ocuome mahogony for the 1/4" panels, marine grade douglas fir for the 3/4" plywood, and System Three Silver Tip epoxy throughout. I've got a new in 2008, 25 hp Yamaha 2-stroke engine on it. I've wired it with stereo, nav light, anchor light, bilge pump, bilge blower, horn, and an AGM battery. A 2008 Road King trailer is included. I recently touched up paint on the top sides and replaced the seats. The boat is in very clean condition. I'm thinking that $4,000 would be a fair price. Does anybody have opinions on this? I could throw in all the toys at the price as well if this is too high. That would include combo skis, trick skis, wake board, knee board, one-person tube, two-person tube, ropes, and life vests. I'll be negotiating the price more tomorrow, so your advice is welcome.

well I can give you what carpenters use to price there work. the cost of materials to build then 3x cost of materials m+3m=price. how realistic this would be in this case due to usage.

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Modified Jubilee-"Wild Flower" 40' house boat
14' Mr John-Wild Flower 2
32' Supper Huck- Wild flower 3

Rod H

Ask high. You can always come down. Bulldog boater was asking $7500 for his jet Squirt. It looks like you probably have at least $5000 or more invested in the build, not to mention your time. Unless you need the money, don't just give it away.
BTW, the going shop rate for repairs and restoraton work is $60 per hour. I usually charge at least $40. Just a general example, a boat like the Riviera takes about 1200 hours to build and the materials cost somewhere around $20,000. 1200X$40=$48,000 plus $20,000 for materials would be $68,000. I think someone, who shall remain nameless, was offered $100,000 for his. So give yourself at least $20 an hour and then depreciate a little for the four years of fun.
Just my sentiments.

One just sold for $19,000!
http://www.mecum.com/auctions/lot_detai ... 112-121433

And this was a pro-built boat!

placing a "value" on it and actually selling it for that are,well....

_________________
Boat building can best be defined as an endless series of
tragedies obscured by the occasional miracle, followed by a good bottle of beer.

Don't Dream Your Life, Live Your Dream

Thanks for your input. At $4K, I'll be getting out of it what the motor and prop cost me. I've got about $10K into materials, trailer, and the assorted toys that I'm throwing into the deal.

I made a strategic error in choosing the two-seat Bullet four years ago. It just isn't versatile for more than two people unless you operate from a private dock. I moved away from a lake last year and now that I'm back to public launch sites, I wish that I had paid more for a larger outboard and built a four-person boat. However, my son and I had a great time using it for three years back at our place on the lake. It's hard to put a price on those enjoyable times.

I took my friend for a test ride today. He pulled me around on a slalom ski a bit. That showed him the worst-case towing scenario for the 25 hp. We even reached 27 mph, according to my GPS, with both of us in the boat. For a small boat...it rocks! We'll seal the deal this weekend. Then I'll be back to strictly kayaking and sailing. Maybe I'll build a bigger power boat when I hit the grandparent stage!

I'd post it up for sale at $100k and negotiate down from there

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I Peter 2:17

I would sell the motor, trailer and accsessaries separatley and store the boat,Just in case 20 years from now you say i wish i didn't sell that boat i built with my son.

Well, I closed the deal on my Bullet this afternoon. I had recently repainted the deck and the bottom, so she looked almost new. I sold it for $4,500 and included all the towing toys. Pricing a home-built boat is not a science at all. I grew tired of paying for storage and insurance while I never launched it. I'd have kept it if I had lived in a rural area and could have stored it for free. In the end, I feel like I got my money's worth out of the boat.

It was a lot of fun building the boat and even more fun using it regularly. I'm empty nested and it's not the right boat for the inevitable "grandpa" stage. I'll be coming back here to figure that one out when the time comes!

It was a little bit sad to see the Bullet heading down the street behind another person's vehicle. However, I know that he'll get just as much enjoyment out of it as I had with my son during those high school years.

I currently have four registered and four unregistered boats stored in my yard. I will either be selling or registering the Stiletto this year. The other three will be going to the landfill after I get done stripping them. The registered boats are my Squirt jet, a Minimax, a 16ft Whitehouse and a 17ft Larson. I think I should sell a couple of them.

Well hey, some people collect cats, but you collect boats. Why not? Each type of boat has a different use, though, so I think that's an OK thing to collect. I'm starting to accumulate a few myself.

I found this Glen-L for sale on Craigslist:

http://toronto.en.craigslist.ca/mss/boa/3018611387.html

I think you can be pleased with the price you got. Sorry about having to say goodbye to it though, but I think that calls for a new build and the plans are just a few clicks away. If "grandpa" time is coming soon, then a Tubby Tug is pretty popular? Otherwise, there are some great little fishing boats or even pocket cruisers.

Nice looking Tuffy build!

_________________
Boat building can best be defined as an endless series of
tragedies obscured by the occasional miracle, followed by a good bottle of beer.

Don't Dream Your Life, Live Your Dream