Seeking Pricing Advise - 1992 CP16

[capndavenc]

Hello everyone,

Can anyone give me advise on pricing my 1992 CP16? She has roller furling, galvanized trailer, 2006 Tohatsu 4hp fourstroke with less than 10 hours, and a new mainsail (as well as the still usable original).

Any advise will be much appreciated!

Dave

[MacGyver]

I can tell you that a neglected 1989 on our lot has a value of around 3100 bucks.

No roller furler, and trailer needs work, along with the boat.

Mac

[carry-on]

Dave,
Have you seen the boat and trailer? If you can make a good inspection;determine what expenses you will have to be ready to sail, you will be in a better bargaining position. NADA has the high retail about $3100. Since you won't find many '92 and newer on the market, NADA is probably low.
If the condition of boat,trailer and motor is excellent, $4500 to $5000 is not unreasonable.

I have a similar motor ('99 Nissan) on my 16. It is a little heavy for the 16. I think it is 57 pounds , but fairly quiet,clean and nice to have reverse.   

[deisher6]

Hello Dave:
We paid $2250 two years ago for an 1989 C-16II on eBay.
Have spent close to $1200 on sails, tires, rudder and stuff.

Sailing for the past two seasons, Priceless.

regards charlie

PS It is worth what you are willing to pay, no more, no less,

[NateD]

Plugging your data into a hedonistic pricing model that I put together based on the asking prices at Sailingtexas (http://cpyoa.geekworkshosting.com/forum/index.php?topic=2892.0), I come out with an average asking price of $4,274 for a 1992 in great condition, with a range of $3,668 to $4,881. I'm not sure where you are located, but if you're in the south and it is still sailing season I would put an asking price of $5,000 on it. If you're in the north, maybe $4,500, or wait for spring and ask $5,000.

[capndavenc]

I appreciate all the feedback. I am located on the coast of North Carolina. I was thinking about waiting until Spring to put her up for sale,and $4500 was what I was thinking. Again, thanks!

[skip1930]

The asking price will be higher but the selling price will be some where around $2,500 for a CP-16. Unless your buying a centerboard in the keel one.
The engine is superfluous. IMHO.
You never pay too much, just buy too soon.

skip.

"  ...was due to the newer motor..So much for that theory, eh? "

Well it is amazing what people toss in the trash...I offer this. It was froze up but only with 'gunk' runs great now...It cost nothing, but a pile of research, a complete tear down, a gasket set, a coil assembly, a rubber hand grip, cost of decals, a set of 'Perfect Circle Rings', a little body work on the sheet metal, paint and a prop. It ain't worth anything but it is neat. Model 'B' about 1911 to about 1915. It's a wee bit older then my 1930 Ford Model 'A' 40-B roadster.

[capndavenc]

Fortunately, I've already been offered over $3k, and a big part of that offer was due to the newer motor..So much for that theory, eh?

Thanks though!