Re: [Paddlewise] folding rentals URL?

From: <rdiaz_at_ix.netcom.com>
Date: Fri, 09 Jul 1999 09:53:33 -0700
Bob Denton wrote:
> 
> I purchased a used K-Light in excellent condition with a new combing,new
> spray skirt, new sea sock and repair kit for $1100 postage paid. I could
> have purchased a 4 piece paddle at a significant discount at the same time.
> 
> So...assume the going rate for a good used boat (usually with paddle, skirt,
> sock and pfd) is around $1400
> 
> You could sell it in a heart beat for $1100 after a summer's use...net cost
> is $300 or 20 days to break even. In addition one could probably sell it
> quickly for $1200 or even $1300.  I'm sure Ralph will confirm the numbers.

I think that Bob is right on the issue of buying a used foldable for
extensive use for a season and then selling it.  Used prices vary but
you do see patterns and the pattern is that x model from y year will go
for a certain price in a current market.  That price will hold for a few
months.  So you could buy say a 1997 K-Light for $1,400 use it until
August or Sept. and then turn around and sell it for $1,400 or go for a
quick sale by offering it at #1,200.  You can get that #1,400 price but
you may have to wait.  Folding kayaks don't have a "season" in the sense
that there are end-of-season sales.  Colder weather doesn't affect the
market as people buy them just as vigorously then for taking to warmer
climes.

What I have seen in the folding kayak market are waves that are
sometimes hard to explain.  About a year or so ago, I had numerous used
K-Lights listed in my newsletter's classifieds page.  Some people would
call or email asking if anything was wrong with the model.  There wasn't
anything wrong.  It just happened to be and for some of the used boats,
I knew of other circumstances such as a guy whose travel business had
gone belly up and needed cash or a woman who was selling to help pay
tuition for a daughter, etc.

Now there is a plethora of Feathercraft K-1s in my classifieds.  The
reason there is clearer.  In 1998, the company did a complete overhaul
of the model, so much so that it really qualified as a new one.  The bow
was reshaped to resemble the sharp entry of the Khatsalano, length
increased, frame revamped in several places to effectively make assembly
easier, new deck material that is lighter and tougher and contributes to
easier assembly, etc.  So suddenly a bunch of older K-1s hit the market
as people seek to upgrade to the newer version.  But there were some
1998 models also in the classifieds.  I don't know why but people
sometimes buy in great enthusiasm choosing what they perceive as the
best model and then decide they don't like kayaking afterall.


> 
> Rental makes sense if you need the boat for a week or maybe two and you
> won't use it ever again, or if you want to seriously test paddle one of the
> more expensive boats.

Yes, that is true.  Besides Lyle Hancock of Folding Kayak Adventures who
rents at http://www.foldingkayak.com you may be able to find dealers who
will rent for a few days if they are not anticipating using their demos
during that period.  Lyle's rates are a bargain and I know he sells from
his rental fleet as well as new boats as he has become a dealer, I
believe.

> 
> K-Lights are so easy to sell that they are used as currency in some 3rd
> world countries, and dowerys in others...

That is absolutely true for 3rd world countries (although we at
Paddlewise prefer the PC term, developing countries or newly emerging
economies, Bob.)  The K-Light makes an excellent portable bathtub,
lobster tank, wash tub, etc. And when not being used for such purposes,
the hull makes an excellent hammock while a frame half stood vertically
forms a sturdy tripod for holding a cooking pot.

ralph diaz
-- 
-----------------------------------------------------------------------
Ralph Diaz . . . Folding Kayaker newsletter
PO Box 0754, New York, NY 10024
Tel: 212-724-5069; E-mail: rdiaz_at_ix.netcom.com
"Where's your sea kayak?"----"It's in the bag."
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Received on Fri Jul 09 1999 - 06:58:06 PDT

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