Value of 28SS's
 

With Banana announcing plans to begin producing new 28SS's out of the original molds, what might that do to the value of an original 28SS?

Mine is 95% original, just the engines have been replaced, might these boats be more valuable 100% original, or fully modernized?

Value of 28SS's
 

I own two Banana Boats and was asking myself the same question.

Charlie McCarthy makes a very high quality product, so if anything, it will draw attention to the style.

Normally, it would drive the price down I would think, but in this case, since they will be built "old style" and will look more like a classic boat, than a modern day wave smasher, it should give a potential buyer a reason to buy a 20 or 30 year old boat, since they will look just like a new one? :D

Did I make any sense at all? :(

Re: Value of 28SS's
 

That Sucks, Only Cig should make a 28ss out of the old molds not the Banana Company. I think the value will remain high for the 28ss's. People will always want the original not the Imitation!!!

Re: Value of 28SS's
 

Don helped develop the banana boats w/ Charlie McCarthey back in the 70s. He gave the molds and the layup schedule.
The original cig molds may have been destroyed, but Banana has their own molds for the 28 and others.

Re: Value of 28SS's
 

Fellas -what are you smoking? As a 28 owner, the value can only go up! :D

Air Dog: Understand & agree with you 100%.

Seriously though -even based on new materials and engine packages, there will always be a value for the classic Cigs.

Re: Value of 28SS's
 

I see, thanks for the info.

Re: Value of 28SS's
 

Fellow members:

I also am an owner of a Cigarette 28SS in addition to owning the banana boat co.

I also own a 35 Cigarette, the former Spirit / Benihana race boat, the number 6 boat out of the 35 mold.

Here are my thoughts on this topic for what they are worth.

First only Cigarette can make a Cigarette. There is a tremendous demand for this brand, not copies of this brand, but the actual boat itself made only by this company. Those who want the real thing can only get it from either the factory or the present owners.

My new 28SS will only be made as a single engine boat. Therefore all twins from the past will not be duplicated. Only you will have the original Cigarette twin.

We have already seen the values rise with the older banana boats. Someone told us he had a deal to buy an older banana boat at a certain price. All he had to do is sell his own boat.

When he sold his boat and went back to buy the banana boat, the owner said because of all the activity now, he wanted more money and refused to sell at the agreed price.

I see the same thing happening to the 28SS. The cost for a new 28 from me will be much higher than the used market is currently valuing older 28's. Plus I am only planning one boat per month production.

New buyers who like the look and the buzz in the marketplace but cannot afford new, or can't wait, will only have one place to go....to you, and you will be setting the new price levels. Supply and demand.

As far as original vs modern. I don't think we are in the same arena with automobile collectors that want very original cars. Boats are meant to be used and the boat that will have the highest resale will be the boat that is the most usable.

How many of you out there would want to have a 28 with the original Volvo outdrive set ups or any of the boats that had the 6 cyclinder twins? If you are keeping your boat in great shape anyway, the only way your value is going..... is up.

I couldn't get new 28SS and I really love mine, so that is one of the reasons I decided to do this. Mine is going on 30 years old. I've raced them, cruised them and used them for everything in between. It was just a fantastic design, I don't want to let it die.

The trend in the industry is bigger and bigger. I just happen to love these older designs. I love the classic look. I like a simple boat. I am not criticizing any of the other manufacturers, I just am going in a different direction.

Thank you for letting me share my thoughts and I hope this clears up some of the concerns.

Charlie Mccarthy

Re: Value of 28SS's
 

Well said Charlie.
I look forward to seeing your product.

Re: Value of 28SS's
 

Thanks for that insight Charlie. Makes me appreciate my 1976 SS just that much more.

Now, if I could find a pair of Bravo assemblies for a price I could afford...

Re: Value of 28SS's
 

charlie,

sounds like a great idea... best of luck in your endeavor.

what speeds are you looking to achieve with 496 power? what type of layup schedule, boat weight, etc? lastly, will the boat have a faring or windshield?

sean