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-   -   Found this Savage for sale (https://www.offshoreonly.com/forums/active-thunder/187058-found-savage-sale.html)

SOX 05-19-2008 09:56 PM

Found this Savage for sale
 
Found this Savage for sale. Lab aMarine handles Bank Repo stuff ...

http://www.yachtworld.com/core/listi...=labmarineinc&

If I had the cash I would look myself but... same story different day. :traurig001:

SOX 05-19-2008 09:58 PM

1 Attachment(s)
the Red looks good too. :evilb:

rlj676 05-20-2008 07:59 AM

I saw that one for sale there a week or two ago as well. For some reason it seems really familiar like it's been for sale for a long time.

Does anyone know more about it?

Sydwayz 05-20-2008 09:35 AM

It was discussed on the SW AT forum a week or two ago. It was originally sold out of MD out of APMBoats.com; who are friends of Active Thunder. The boat was in the Washington DC and Annapolis Boat Shows of 2005 IIRC.

The paint REALLY suits the boat well, and with the 525EFI, it will turn mid 70s.

tblrklakemo 05-20-2008 11:58 AM

This one?


http://www.offshoreonly.com/forums/s...6&highlight=28

NKissau 05-20-2008 12:22 PM

That poor boat looks 20 years old, not 3. What a shame. Just needs some TLC!

rlj676 05-20-2008 12:26 PM


Originally Posted by tblrklakemo (Post 2563856)


Definitely the same paint, and it appears the owners were in MD were I think it's repoed? Would be nice if the old thread mentioned the power, if it was a 525 it'd be even more likely.

It does look kinda dirty in the new pics, but the pics are pretty crummy.

Sydwayz 05-20-2008 12:32 PM


Originally Posted by tblrklakemo (Post 2563856)

Yep, one in the same.





Repo'd boats are not often received in very good condition. I know of a guy who completely stripped a 2 year old 26' Sonic, and sold the materials for scrap/recycled metal. Then he yanked the hull off the trailer into a field and sold the trailer. The bank never came and got what was left of the hull as retrieving it would have cost more than it was worth.

rlj676 05-20-2008 12:34 PM


Originally Posted by Sydwayz (Post 2563917)
Yep, one in the same.





Repo'd boats are not often received in very good condition. I know of a guy who completely stripped a 2 year old 26' Sonic, and sold the materials for scrap/recycled metal. Then he yanked the hull off the trailer into a field and sold the trailer. The bank never came and got what was left of the hull as retrieving it would have cost more than it was worth.


Assuming this one surveys well enough, what do you think would be the right price to make it worth a risk on a repo?

Sydwayz 05-20-2008 12:50 PM


Originally Posted by rlj676 (Post 2563925)
Assuming this one surveys well enough, what do you think would be the right price to make it worth a risk on a repo?

$69K is actually a really good price.

$60-65K depending on IF the hours are true (repo ad says 49 hours; needs to be checked with scan tool AND make sure the S/N of the ECU is right with the S/N of the engine/drive via Mercury), and the overall condition of the boat.

A full hull survey and engine assessment would also be needed. (Engine leak down, compression, and test run; also have the Bravo drained and checked for gear chips, and remove the top cap for upper inspection. I'd also suggest having a mechanic cut open the oil filter for inspection. Check the scan tool as well for time at what RPMs. 49 hours on the rev limiter, is a lot different than 20 hours at idle, 27 hours cruising, and 2 at high RPM)

rlj676 05-20-2008 01:59 PM


Originally Posted by Sydwayz (Post 2563953)
$69K is actually a really good price.

$60-65K depending on IF the hours are true (repo ad says 49 hours; needs to be checked with scan tool AND make sure the S/N of the ECU is right with the S/N of the engine/drive via Mercury), and the overall condition of the boat.

A full hull survey and engine assessment would also be needed. (Engine leak down, compression, and test run; also have the Bravo drained and checked for gear chips, and remove the top cap for upper inspection. I'd also suggest having a mechanic cut open the oil filter for inspection. Check the scan tool as well for time at what RPMs. 49 hours on the rev limiter, is a lot different than 20 hours at idle, 27 hours cruising, and 2 at high RPM)

Yeah, I didn't find 69K to be too terribly high, but it's hard to judge the overall condition from the pics provided. I didn't see where it said 49 hours either. I'd definitely be interested in this one if it surveyed well, and they'd take a low offer. Also, it appears it doesn't come with a trailer either.

Sydwayz 05-20-2008 02:16 PM


Originally Posted by rlj676 (Post 2564077)
Yeah, I didn't find 69K to be too terribly high, but it's hard to judge the overall condition from the pics provided. I didn't see where it said 49 hours either. I'd definitely be interested in this one if it surveyed well, and they'd take a low offer. Also, it appears it doesn't come with a trailer either.

Click on full specs, and it has the engine hours, but the HP is wrong, so take that for what its worth. The only thing that matters is the ECU, not the hourmeter which takes 1/2 second to disable.

Your best bet would be to have someone from OSO, Speedwake, or Cbpba.com go and lay some unbiased eyes on it for you. Put a post up in the General Discussion area(s) and see if someone close by has some free time; and go from there.

rlj676 05-20-2008 02:34 PM


Originally Posted by Sydwayz (Post 2564109)
Click on full specs, and it has the engine hours, but the HP is wrong, so take that for what its worth. The only thing that matters is the ECU, not the hourmeter which takes 1/2 second to disable.

Your best bet would be to have someone from OSO, Speedwake, or Cbpba.com go and lay some unbiased eyes on it for you. Put a post up in the General Discussion area(s) and see if someone close by has some free time; and go from there.

Thanks for the advice.

I'm still a week or so from knowing about some career change possibilities that will be setting my budget. After I know that I was planning on asking if anyone was local to take a look at it to see if it's worth pursuing.

This is all assuming I truly can't get insured on a cat which is what I'd rather have but may be unreasonable.

Last, these are true 28 ft boats correct, where as a Sunsation 288 includes the swimstep and has less freeboard?

Sydwayz 05-20-2008 02:43 PM


Originally Posted by rlj676 (Post 2564154)
Thanks for the advice.

I'm still a week or so from knowing about some career change possibilities that will be setting my budget. After I know that I was planning on asking if anyone was local to take a look at it to see if it's worth pursuing.

This is all assuming I truly can't get insured on a cat which is what I'd rather have but may be unreasonable.

Last, these are true 28 ft boats correct, where as a Sunsation 288 includes the swimstep and has less freeboard?

27'10" to be exact, and then tack on the bolt on swim platform.
Freeboard is definately moreso than a 288 Sunsation. I have the specs in a notebook that I can't put my hands on at the moment, but you are definately IN and Active Thunder as opposed to ON it. Assuming you see some big water of the Great Lakes, you will appreciate the 28AT over the 288 Sunsation.

rlj676 05-20-2008 02:50 PM


Originally Posted by Sydwayz (Post 2564179)
27'10" to be exact, and then tack on the bolt on swim platform.
Freeboard is definately moreso than a 288 Sunsation. I have the specs in a notebook that I can't put my hands on at the moment, but you are definately IN and Active Thunder as opposed to ON it. Assuming you see some big water of the Great Lakes, you will appreciate the 28AT over the 288 Sunsation.

That's what I thought, thanks.

I'll be mostly sticking to Lake St Claire which isn't too big of water. If I move back to MO (where I'm from) soon though and go to LOTO i'd need all the boat I can find for sure.

cosmic12 05-20-2008 09:03 PM


Originally Posted by NKissau (Post 2563891)
That poor boat looks 20 years old, not 3. What a shame. Just needs some TLC!

Its a dam shame when they let it get trashed because its getting repoed. Ilooked at that boat before I got my 06 it was beautiful but I thought the paint looked to much like a Sunsation, anyway, it has been my experince that the repo guys sometimes trash'em and or don'y take care of them. When mine went it was spottless and when the guy that bought it said it was very dirty and wet with scratch's that were not there when I had it. If it could be bought for the 60s its a good deal but look at the market:(

CMC 05-21-2008 07:42 AM

Sydwayz, What do you think the weight is ? When that boat was at the NYC poker run it was on a new trailer. I wonder what happened to it?

tblrklakemo 05-21-2008 01:28 PM


Originally Posted by NKissau (Post 2563891)
That poor boat looks 20 years old, not 3. What a shame. Just needs some TLC!

Looks 20 yrs old from the online pics......? Maybe im missing something.

Sydwayz 05-21-2008 09:49 PM


Originally Posted by CMC (Post 2565005)
Sydwayz, What do you think the weight is ? When that boat was at the NYC poker run it was on a new trailer. I wonder what happened to it?

4800-ish dry, depending on options; no trailer. (same as a Baja 25 Outlaw)

Most folks, even though they finance a boat and trailer together, usually end up with the trailer having a clear title. Since the owner probably had the trailer free and clear, he is going to sell it outright, or save it for whatever reason.

The trailer probably still exists, if it actually sold with the boat originally. Glenn or Rick at APMBoats.com would know, and might have owner contact info.

BAJA WILL 05-22-2008 09:52 AM

Brian, I have to disagree, on a repo boat, I think the offer should be much less. I can do a 26 2008 Outlaw with full warranty for 77K, I think the offer to the bank should be more like 40K. First its not a new boat, it probably has no warranty, Hull or Motor, and no idea the condition other than the photos.

Just my 2 cents.

WILL

Sydwayz 05-22-2008 11:04 AM


Originally Posted by BAJA WILL (Post 2566625)
Brian, I have to disagree, on a repo boat, I think the offer should be much less. I can do a 26 2008 Outlaw with full warranty for 77K, I think the offer to the bank should be more like 40K. First its not a new boat, it probably has no warranty, Hull or Motor, and no idea the condition other than the photos.

Just my 2 cents.

WILL

That's a 496HO/B1X with stock steering and Bennett/Quick-trim tabs that you are quoting right?

This boat has a 525EFI/XR with external MM hydraulic steering and K-Planes. There is a lot more boat to a 28AT than a 26Outlaw. I see your point, but the boats are in different classes. The no longer made 25AT would compare to the 25/26 Outlaws.

BAJA WILL 05-22-2008 11:26 AM

Agreed, maybe not a good comparison, but here is a very good one
http://www.boattrader.com/listing/20...avage-92523892

So same everything and a very nice trailer included, from a dealer for only 6K more??

I stand by my opinion, repo with a "Who Knows" history for 69K is no deal.

But hey we all have opinions, I remember when you thought Sonic was the best boat in the world:D

Sorry I missed you at SML, I was running the VA Beach Run.

WILL

Sydwayz 05-22-2008 12:04 PM


Originally Posted by BAJA WILL (Post 2566748)
Agreed, maybe not a good comparison, but here is a very good one
http://www.boattrader.com/listing/20...avage-92523892
...

WILL

I know that boat well. Its a year older with 230 hours, and was traded in for a new 33AT, and the guy who just bought that boat traded in a 25AT for it. Both deals were done through our Factory Rep. in New York.

rlj676 05-22-2008 12:20 PM

I wish everyone would quit posting these boats before I've got everything together to get serious. These two were towards the top of my list if I can't get cat insurance.

It looks like someone might be seeking a surveyor for this one in the general discussion area.

24skaterVA 05-22-2008 08:51 PM

I think the problem is people hear the word repo & just want a he11 of a deal & I don't blame them. I have been on the recieving end of bank repos & I can tell you, you wouldn't believe the things people will do when they know the bank is coming for their boat.

rlj676 05-23-2008 07:53 AM


Originally Posted by 24skaterVA (Post 2567389)
I think the problem is people hear the word repo & just want a he11 of a deal & I don't blame them. I have been on the recieving end of bank repos & I can tell you, you wouldn't believe the things people will do when they know the bank is coming for their boat.

It reminds me of the stories of all the scumbags defaulting on their mortgage and trashing the place and gutting everything valuable. A neighbor of mine did it and every bit of respect flew out the window.:(

No wonder repo-men have to be sneaky and not let anyone know they'recoming with the way people are.

BAJA WILL 05-23-2008 09:16 AM

My point exactly, we have purchased repo boats and cars and it is a gamble at best what you are getting!!!!!!! A few years ago we looked at a repo Cabin cruiser at the bank in "great shape, low hours" drove to FL, yea F%^&#$%^ boat had been sunk in salt. Oh and you think the bank will tell you that, they will default to "were a bank we don't have any idea, sold as is"


I am not picking on this AT, just making a point with any repo boat, I have a theft recovery at my shop right now guy thought he got a hell of a deal, well now he is buying all new power and it doesn't look so good!!!!!

WILL

R Addiction 05-23-2008 07:10 PM

Buy it Rob.....:D

risky 05-23-2008 08:31 PM

Make a low offer
 
I sold mine for about the same price and it was well cared for. At 69k you can wait and spend about the same and have no worries...$40k would be my initial offer. I had a 26 Sonic by me asking 40k and my offer on it and it was a repo was 25k and they laughed at me I think it was finally bought for low 20's lower than my offer, but it was dirty had a small hole in it's side and the top was faded be careful of repo's

spilman 05-23-2008 09:17 PM

Offer should be contingent upon test ride....if they don't agree, the deal is off the table....55k is a very fair, middle-ground first offer. In great shape it's worth 70k, but I'm a little biased when it comes to AT's.....

SOX 05-23-2008 10:14 PM


Originally Posted by R Addiction (Post 2568392)
Buy it Rob.....:D



:( I wish I could but I can't. Until I can, I will just mope around.

cosmic12 05-23-2008 10:55 PM


Originally Posted by spilman (Post 2568495)
Offer should be contingent upon test ride....if they don't agree, the deal is off the table....55k is a very fair, middle-ground first offer. In great shape it's worth 70k, but I'm a little biased when it comes to AT's.....

Its sad to say but my 06 - 525-ITS,XR with way better paint went for mid 70s and it was perfect when it left me, On a trailer:(

risky 05-24-2008 06:48 AM

Cosmic I hear you on the pricing
 
Boat market is Sh!t do not be afraid to offer low, economy is down, gas is up. The boats that are 200k and up will always sell that is a different buyer. A single engine boat under 30 feet w/o twins is a different market and so make an offer and do not care if you lose it one always comes up. It is a buyers market take advantage of it, if you pay 70k try to sell it right back to the dealer he's going to offer you 60k or less 5min.'s after you sign the deal. Vic


By the way I do miss my 28!!!!

Gladhe8er 05-24-2008 06:42 PM


Originally Posted by risky (Post 2568633)


By the way I do miss my 28!!!!

Your old 28 ran great today! I spent over 2 hours and $200 in gas trying to find the other AT guys with no luck. Had a blast anyways!

risky 05-24-2008 07:16 PM

Had some fun
 
It does run well doesn't it, solid and fast, no issues with that boat ...

CAP071 05-29-2008 11:30 AM

OSO roadtrip. Who wants to go look at it? :p

rlj676 05-29-2008 12:34 PM


Originally Posted by CAP071 (Post 2573407)
OSO roadtrip. Who wants to go look at it? :p


I think someone was having it surveyed judging by a post in the general discussion area a week or so ago.

They never would say what boat they were looking at though.

TexomaPowerboater 05-29-2008 01:13 PM


Originally Posted by risky (Post 2568633)
A single engine boat under 30 feet w/o twins is a different market and so make an offer and do not care if you lose it one always comes up.


Funny to hear that comment. My twin engine 28 w 454's burns about the same amount as my single engine 24 did with single 502. I would venture to say that my twin engine 28 gets better gas mileage than a 28 single. Drove for 3 1/2 hours driving all over the lake, albeit not very fast, only spent $220 caping it off for the next weekend. Griff here on OSO says he gets better gas mileage in his 32 AT then he did in his single engine 28 pantera. IMO there is very little if any at all gas benefit in having a single 28 vs twin. Mostly due to the increased RPM's necessary to keep a 28 at speed. Just my .02.

BY U BOY 05-29-2008 03:50 PM


Originally Posted by TexomaPowerboater (Post 2573526)
Funny to hear that comment. My twin engine 28 w 454's burns about the same amount as my single engine 24 did with single 502. I would venture to say that my twin engine 28 gets better gas mileage than a 28 single. Drove for 3 1/2 hours driving all over the lake, albeit not very fast, only spent $220 caping it off for the next weekend. Griff here on OSO says he gets better gas mileage in his 32 AT then he did in his single engine 28 pantera. IMO there is very little if any at all gas benefit in having a single 28 vs twin. Mostly due to the increased RPM's necessary to keep a 28 at speed. Just my .02.

He may not be referring to the Fuel. Alot of people want a single because of the cost to refresh or the thought of having to fix 2 of everything scares them away.just my .02:D

How is the boat treating you?

TexomaPowerboater 05-29-2008 07:02 PM

3 Attachment(s)
Whats up man,

Boat ran great on sunday, but found a little water in the oil on the port side monday morning. Hopefully not too bad, but I have not gotten the diagnosis yet.

Went to Jamaica last week for the honeymoon. Awesome place. Can't wait to go back.

I've got a different view on the refresh and fixing point you make. A 28 single needs a big engine to get anywhere near 70mph. With big hp engines comes big maintenance and they don't last as long as between rebuilds as say a stock 496. Take this one with the 525. Whats that roughly a $20K motor. I think the stock 496's are close to $10K. So if you blow one in the single thats a big hit. If you blow one of the two on a twin not only do you get a free ride home, but the cost to fix is relatively cheaper when compared to a big hp single. Which one do you think will be more apt to blow. The 525 you'll be running between 4-5000rpms all day on or the twin 496's you'll be running 3-4000rpms all day. Those higher RPM's and weight load the single has to bear will be more maintenance even more so on the outdrive. Granted you won't have to fix two motors/outdrives, but the extra strain on the single is very significant IMO. Just my .02


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