What's the definition of INSANITY???
#11
VIP Member
VIP Member
No disrespect, but buying that boat is the cheapest part, maintaing it will be the killer. A lot of maintence compared to new ones. At that price it is a steal...
#12
45' Apache
I have had three deposits over the last year and all three deals fell through. Everybody that actually came to see the boat left a deposit to hold it. People are having a hard time with financing for some reason. I had a new survey done on 12/28/07 and the market value the surveyor gave was $215K with a replacement value at $500K. This is a perfect example of how bad the market is right now!
Someone's going to snap it up at some point. With the engine's it has and the #6 drives, the boat is just about priced at the drivetrain cost.
Barry
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Thanks, Barry
Driver - High's Fuel Your Journey Cigarette Racing Team #598
Thanks, Barry
Driver - High's Fuel Your Journey Cigarette Racing Team #598
#13
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Join Date: Aug 2006
Location: Austin, TX
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I have had three deposits over the last year and all three deals fell through. Everybody that actually came to see the boat left a deposit to hold it. People are having a hard time with financing for some reason. I had a new survey done on 12/28/07 and the market value the surveyor gave was $215K with a replacement value at $500K. This is a perfect example of how bad the market is right now!
Hopefully you meet up with someone soon that can write you a check. Good luck with the sale, great looking boat!
#15
Registered
Thread Starter
I have had three deposits over the last year and all three deals fell through. Everybody that actually came to see the boat left a deposit to hold it. People are having a hard time with financing for some reason. I had a new survey done on 12/28/07 and the market value the surveyor gave was $215K with a replacement value at $500K. This is a perfect example of how bad the market is right now!
See if you can "squeeze" in some builders dockspace and have it in the water. (I realize I use the word "squeeze" very lightly since it is a Huge machine )
#17
Charter Mod
Charter Member
The market on that boat is pretty much irrelevant, as with most redone older boats. The people that are spending $150k are buying new Baja's or similar with 525's, full factory warranty's, and financing them for 20 years in many cases. If some of these folks so much as dinged a #6 prop, much less had a major failure on your boat, the boat would likely sit. The remaining people with real cash can afford a newer boat of similar size.
The boat is hot! Someone wants it and will buy it.
#18
Platinum Member
Platinum Member
#20
You probably can't since there are manufacturers that have trouble getting space in that show. You could have a chance with a broker who has in water space reserved already.
Being how rare that boat is I would think anyone in the market would know the market and realize that it is a turn key package for 150K whereas some people think a 47 hull is worth 125K. I also think the towability might be an issue for most.
Being how rare that boat is I would think anyone in the market would know the market and realize that it is a turn key package for 150K whereas some people think a 47 hull is worth 125K. I also think the towability might be an issue for most.