Trying to value my Formula
09-27-2014, 07:34 PM
#1
Trying to value my Formula
The used Cafe Racer market is really good right now with lots of choices, but before I can be in a position to buy I would need to sell my Formula. I have no idea what to value this boat at though, maybe somebody here can help me.
The boat is an 87 Formula 311SR1, 40 hours on motors, 740 hours on boat.
Fresh 420's, under 50 hours on both motors. Brand new GM heads on starboard motor, Bob Madara cams, Moral lifters, Isky tool room springs, both motors run perfect.
TRS drives, 72C transmissions that shift perfectly. Both drives and transmissions serviced this year.
Color scheme is dark blue/gray/black in Imron #3 paint scheme, all original, some blemishes and burn through on the deck, but overall very nice
Completely fresh water since new, only operated on Lake Winnipesaukee
Silent Thunder platform modified and gaskets replaced. Tailpipes through bolted to transom.
Interior is very nice, all original except for the engine hatch which was perfectly restored originally with new mirrors installed underneath.
Bolster actuators rebuilt this year, both hydraulic bolsters work perfectly
Original refrigerator works perfectly
Shorepower charger works perfectly
Toilet has never been used
Cabin is clean and original
2000 TowMaster triple axle aluminum bunk trailer.
What is fair value to try and move the boat quickly? Seems like values are all over the map with these things. Any input is appreciated, your not going to hurt my feelings.
The boat is an 87 Formula 311SR1, 40 hours on motors, 740 hours on boat.
Fresh 420's, under 50 hours on both motors. Brand new GM heads on starboard motor, Bob Madara cams, Moral lifters, Isky tool room springs, both motors run perfect.
TRS drives, 72C transmissions that shift perfectly. Both drives and transmissions serviced this year.
Color scheme is dark blue/gray/black in Imron #3 paint scheme, all original, some blemishes and burn through on the deck, but overall very nice
Completely fresh water since new, only operated on Lake Winnipesaukee
Silent Thunder platform modified and gaskets replaced. Tailpipes through bolted to transom.
Interior is very nice, all original except for the engine hatch which was perfectly restored originally with new mirrors installed underneath.
Bolster actuators rebuilt this year, both hydraulic bolsters work perfectly
Original refrigerator works perfectly
Shorepower charger works perfectly
Toilet has never been used
Cabin is clean and original
2000 TowMaster triple axle aluminum bunk trailer.
What is fair value to try and move the boat quickly? Seems like values are all over the map with these things. Any input is appreciated, your not going to hurt my feelings.
Last edited by donzi matt; 09-27-2014 at 07:40 PM.
Platinum Member
09-28-2014, 06:21 PM
#5
Registered
Good luck on the sale I like the sticker on the dash, I had a hard time finding the markers or rembering what side to go on.
