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Value on a boat I'm looking into buying?

Discussion in 'General Yachting Discussion' started by Mooring Wood, Dec 22, 2015.

  1. Mooring Wood, Dec 22, 2015
    #1
    Mooring Wood

    Mooring Wood New Member

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    Location:
    Norman, Oklahoma
    VIRGIN HORIZON 56.jpg

    It's a 2001 Virgin Horizon 56. My understanding is they only built about 5 of these hulls. Twin Cat power, Northern Lights 12.5 Gen Set, 1200 hours. Condition - interior fair, mechanical good, exterior good.

    Any info would be greatly appreciated.
    Last edited by a moderator: Dec 22, 2015
  2. gr8trn, Dec 23, 2015
    #2
    gr8trn

    gr8trn Senior Member

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    Location:
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    http://www.viyachts.com/bareboats/virgin_traders/vh56.php

    my first look at a Virgin Horizon 56, the 2001 you are looking at seems to be on a lake so perhaps fresh water?

    I really have no idea other than my own personal boat shopping, boat buying, boat selling and one year of selling sailboats five years ago.

    I am sure a surveyor will have a value on it once done.

    I will go US $220,000 to $315,000
  3. Mooring Wood, Dec 24, 2015
    #3
    Mooring Wood

    Mooring Wood New Member

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    Yep. Exact same boat. The one I'm looking at IS in fresh water but was a salt water boat until a few years ago. Thank you for your input and Merry Christmas!
  4. RER, Dec 25, 2015
    #4
    RER

    RER Senior Member

    Joined:
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    Location:
    Newport Beach CA
    Virgin Enterprise
    56' Horizon Sedan Bridge
    • Boat Name: Virgin Enterprise
    • Year: 2001
    • Last Listed Price: US$ 149,000 (06/13)
    • Sold: US$ 150,000 (07/13)
    • Located in Palm Beach, FL
    • Hull Material: Fiberglass
    • Engine/Fuel Type: Twin diesel
    56horizon.jpg
  5. RER, Dec 25, 2015
    #5
    RER

    RER Senior Member

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    Location:
    Newport Beach CA
    Virgin Lady
    56' Horizon Flybridge Sundeck
    • Boat Name: Virgin Lady
    • Year: 2000
    • Last Listed Price: US$ 184,000 (01/13)
    • Sold: US$ 175,000 (03/13)
    • Located in Jensen Beach, FL
    • Hull Material: Fiberglass
    • Engine/Fuel Type: Twin diesel
    56horizon2.jpg
  6. gr8trn, Dec 27, 2015
    #6
    gr8trn

    gr8trn Senior Member

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    The market speaks, man I was a bit on the high side, must be wanting to keep the market up. Sellers vs Buyers- what a combination. One wants to sell high and other wants to buy low, how does it ever get done?

    Does it all come down to emotion, as much as we all like to think otherwise?
  7. MYTraveler, Dec 27, 2015
    #7
    MYTraveler

    MYTraveler Member

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    I thought you were on the low side. On the face of it, lots of boat for the value.
  8. Mooring Wood, Dec 28, 2015
    #8
    Mooring Wood

    Mooring Wood New Member

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    Thanks for all your input. If I get this deal closed, I'm just looking to make a few needed repairs and reselling it. I don't need this much boat. You guys have been a tremendous help though. Again, thank you!