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Value of this 2002 Lightning 38?

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Old 01-28-2015, 02:55 PM
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Default Value of this 2002 Lightning 38?

I have been given the task of selling this boat for my company. I need to figure out its value. It has been sitting in climate controlled storage since 2007. These pictures were taken by me in 2008, the boat hasn't moved an inch in that time. It only has 70 hours on it.

The specs are as follows:

2002 Fountain Lightning 38. Twin staggered, supercharged, Mercruiser 575's. Boat is red with grey Fountain graphics and checkered flag. Stepped hull. Boat will do 95 mph. It is in excellent condition, with the only blemish being some chipped paint at the waterline. New South Florida Trailers triple axle trailer included. Boat is located in Hingham, MA.

This boat comes with three covers, a mooring cover, a cockpit cover, and a bimini top with enclosure... I think they call this top a 100 mph top.

The way it is positioned in the storage facility, limits my ability to get a very good angle for pictures, sorry.














Last edited by BostonFJ40; 01-30-2015 at 11:46 AM.
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Old 01-28-2015, 03:57 PM
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It's worth $ 1500.00 with the trailer. Where do I send the check? Seriously though, check the classifieds for something similar. There's NADA for boats, too, but values there aren't considered totally trustworthy. Good luck and use your legs when moving all that snow.
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Old 01-28-2015, 04:20 PM
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Kinda curious because I have the same boat with the same power, keep us posted on what it sells for......but into today's market I am guessing it will be around $80k with that trailer.

BTW stock that boat will run 88 mph on a summer day, and 91 when it is 60 +/- degrees out, no more no less....trust me
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Old 01-28-2015, 04:28 PM
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What all did you have to do to get yours into triple digits Ron?
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Old 01-28-2015, 04:36 PM
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Originally Posted by 4bus
Kinda curious because I have the same boat with the same power, keep us posted on what it sells for......but into today's market I am guessing it will be around $80k with that trailer.

BTW stock that boat will run 88 mph on a summer day, and 91 when it is 60 +/- degrees out, no more no less....trust me
I would of thought a little faster than that. 575 top guns run about the same speed, I figured the fountain would be a few clicks quicker
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Old 01-28-2015, 04:37 PM
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Originally Posted by payuppsucker
What all did you have to do to get yours into triple digits Ron?
Full roller aggressive cam conversion, +2 mech advance timing, smaller pulleys to raise boost, 120 degree thermostats from 150 stock, hours of ECU tuning, and spin them to 5800 rpms. BTW it will only break 100 on cool to cold days, most days she runs 97-98
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Old 01-28-2015, 04:40 PM
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Originally Posted by jbraun2828
I would of thought a little faster than that. 575 top guns run about the same speed, I figured the fountain would be a few clicks quicker
That is a real, verified GPS number in fresh water, when the boat had just a few hours on it from new. My test sheet shows 90 mph, so it was what I expected.

If you say so on the Gun, by my experience tells me otherwise. Keep in mind that boat and mine stock have standard lowers. Many guns with that package have -2

I only give real numbers, not the number of that one special day with props that take an hour to get on plane
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Old 01-28-2015, 04:40 PM
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Thinking my market analysis was way off......not a good time to be in the boat selling business.

http://www.offshoreonly.com/classifi...o60560-en.html
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Old 01-28-2015, 04:51 PM
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Originally Posted by 4bus
That is a real, verified GPS number in fresh water, when the boat had just a few hours on it from new. My test sheet shows 90 mph, so it was what I expected.

If you say so on the Gun, by my experience tells me otherwise. Keep in mind that boat and mine stock have standard lowers. Many guns with that package have -2

I only give real numbers, not the number of that one special day with props that take an hour to get on plane
I agree with you on the bullchit numbers on one very special day. Your right about the drives, its boxes with -2 lowers with a lot of those boats. I've never ridden in a 575 boat just going off my numbers. Mine with 525's runs 84-85 everyday in freshwater and always heard 575 boats ran 88. I actually wanted a boat with 575's but just couldn't find any at the time. To get mine to do what yours does I would need whipples, and I would bet would be double the cost of what you've have into your upgrades.
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Old 01-28-2015, 04:59 PM
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Someone's gonna get an almost new 2002 38, nice boat, Barn find
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