Hello All,

 

I am struggling to find a fair price for a used boat that I want to purchase from a family member, and I was hoping for some help here. The boat is an aluminum 2003 Bass Tracker pro 175 (I believe) with a working 50 hp motor that needs a little tune up. Basic model with basic electronics. Overall, it is in pretty good shape, but could use some clean up and updates. I have seen prices varying wildly from $1000 to $7000. Any advice would be appreciated. 

NADA is your best bet to get a fair market price.

https://www.nadaguides.com/Boats

It ain't worth 7 grand. Maybe half that if it's in pristine shape.

6 minutes ago, slonezp said:

It ain't worth 7 grand. Maybe half that if it's in pristine shape.

Ya, I took a gander at the NADA prices - with a 50hp and single-axle trailer...average retail is $3580 for my neck of the woods - prices do vary based on where you are.

Who's on the hook for the "little" tune up?  That would make a big difference to me.   You got a 17 year old boat with basic electronics and a questionable motor.   What are you going to do with this boat?  Fish it  " as is" or "clean up & update?"  What kind of shape is the trailer in?   How long has this boat set - unused & unfished?   What up?  Family member can't just give you the boat - it is 17 year old boat after all.   What kind of guy is this family member, that he would let his boat get in this kind of shape?   Health issues or just unmotivated?

 

I you get this boat you're going to want a new trolling motor & set of batteries, just to start.   Electronics - your call - I get by with kinda basic electronics, but I'd upgrade if my wallet allowed.

 

This has all the stench of a money pit getting ready to open up.   Me - I'd offer $1200 on the basis of splitting the cost of the motor tune up.    If family member didn't want to do that - $800 to $900 is all I'd go.

 

I personally don't have any family members that I'd ever buy anything from - however this admittedly cynical advice is coming from hearing many stories about guys buying from buddies and/or family members.

 

If it's in good running shape around here in Ohio that boat would bring around 4k 

. To a family member 3k or under 

I have a 01 pt165 basically same boat just a touch smaller. I paid 3200 for it 7 years ago

Family price might be $1200, but that would get you a whole lot of pit in California.

I appreciate all the advice here. It seems there is variability here as well, but that around 2 - 3k is a reasonable number. Thank you! 

Does it have a 4 stroke engine or 2 stroke?  That makes a big difference in price around my neck of the woods.

It is a 4 stroke

I paid 8K for my 2010 Tracker 175 with 90 HP motor. It had 132 hours on it and was in great condition, I bought it from the original owner.