1992 42 Flat Deck - Need Opinions!
 

A good friend of mine in Ft. Lauderdale has owned this boat from day one. It is one of only a couple of flat deck 42s ever built. He had it rigged exactly like the race boats - light layup, no cabin, bolsters, etc. It was never raced. He just wanted to go as fast as possible. Back in the early 90's there was only one way to do this - make it light with big power. There were no steps to help out. It was rigged by Bobby Moore's Custom Marine (now TNT) and has been maintained religiously ever since. However, he just doesn't boat anymore so it's time for it to go.

The million dollar question is ... what's it going to take to move it? I informed him that it is a VERY unique boat which is going to require a certain type of buyer. He originally felt that it was worth upwards of $150k. I told him that I agreed that it was worth that much based on the make, size, equipment, and uniqueness of the boat. However, I also told him that what it is worth and what it will sell for may be two different animals.

So ... my question is this. At what point does the boat become a no brainer? At what price does it become very interesting? Here is the link:

http://www.offshoreonly.com/esvon/page-4881.html

I'd be interested in opinions since I have already given mine and would like to know if all of you concur. Thanks!

Jeffrey

Re: 1992 42 Flat Deck - Need Opinions!
 

It "should" easily be worth 150K with that equipment. Try to duplicate that boat today and see where the numbers end up.

However, everyone seems to be dead set on the stepped boats with less power. Many buyers assume high horsepower blower motors will be a constant problem. Personally, I look for big motors and big drives, yet more and more buyers are seeking just the opposite.

In my opinion, the other real dilemma is no cabin. Many wives out there will unhappy without a cabin in that size boat. Then again, there are a lot of Gladiators running around.

It would be nice to see an older Cigarette on the race course again!!!

Re: 1992 42 Flat Deck - Need Opinions!
 

HERE HERE!!!! IT WOULD BE GREAT TO SEE A CLASSIC OUT ON THE WATERS :drink:

Re: 1992 42 Flat Deck - Need Opinions!
 

I think he has to target the Apache lovers out there. It compares mostly to a 41. Most 41 Apaches are so overpriced that it would seem attractive at $150K.

However, with the stepped boats giving folks fast speed with reliable power, it really hurts these old classics. Some of the early Gladiators will sell for $150k or less. Sure, the 42 will handle the big water better, but how many buyers really find themselves enjoying day after day in 6-8's? Not many would be my guess. So, the ultra sexy lines and fast reliable speed of a Gladiator would trump the old classic 42 with huge power and clearly little resale potential.

Really cool boat. :cool:

Re: 1992 42 Flat Deck - Need Opinions!
 

Cigarette raced a boat like that up in Waukegan(OPT race) in the early 90's. Vac bagged, super light hull. Kinda bounced off the waves.

Re: 1992 42 Flat Deck - Need Opinions!
 

too old sutphen sold to parnell originally for like 100k and that was a 96 w/ a cabin... id say 110k... also they r wet sump 6s NOT dry

Re: 1992 42 Flat Deck - Need Opinions!
 

I think both these boats are kick @ss!!!
I think a 24pantera would be a fair swap. LOL

These unique boats take a certain buyer... and that buyer will pay the reasonable $ that these boats are asking. But how do you find that certain buyer?

Again... I think both these boats are reasonable #s.
The big "1" on the side could demand more $.
I can't afford either. But would love either just the same.

No offense, but either of these would get my attention more than many of the newer stock boats.

Re: 1992 42 Flat Deck - Need Opinions!
 

Cabin .... we don't need no schtinkin cabin !!!! Verrrrry cool boat , BUT ... it's a big ol' deep vee lead sled that ain't for everyone .... Will not be cheap to run !!! Don't be fooled .... this is no Bargain way to get into BIG offshore boating on the cheap !!! I'll say it won't sell for over 85K ... Unfortunately :rolleyes: But what do I know !!! :drink:

Re: 1992 42 Flat Deck - Need Opinions!
 

I think you and JJ are probably correct. Being unique is part of it's problem.


In other news, Jeffrey did you sell your Gladiator?

Re: 1992 42 Flat Deck - Need Opinions!
 

150 K will buy a nice 2000 up non step Tiger and add just a little more and you might be able to find a TS if you are lucky. You will have a cabin and a fancy design with lots of nice details. It will not be as fast but it will be a lot cheaper ! My guess is that for every 100 that would buy the Tiger maby 1 would buy the 1992. It is a very nice boat but the parts(if they are fresh)will propably bring more than the package. My guess is around 85K aswell. Good luck selling it it is a nice piece and should be kept as it is !

Cigaretteman

Re: 1992 42 Flat Deck - Need Opinions!
 

No. Still have it and still lovin' it. New power should really make it fly! More on that later ... :)

Re: 1992 42 Flat Deck - Need Opinions!
 

Most of you who have suggested around $85k was where I originally pegged the number. Understandably, that was a far cry from where my friend wanted to start. I guess time will tell.

If anyone is seriously interested send me a PM. He may consider an obnoxious offer. I have known him (and others) to do crazy things when you did not expect them to. If we catch him on a good day someone could end up with a steal!

Re: 1992 42 Flat Deck - Need Opinions!
 

Jeffrey, drag that thing out to Cali and let's run it!!! That's my suggestion :D

Re: 1992 42 Flat Deck - Need Opinions!
 

Jeffrey -

First let me say that this is a VERY cool boat.

It basically comes down to demographics. There were so few Cigarette and Apache race - style boats built back then because so few people could afford the initial purchase cost much less the astronomical maintenance. So the target market is very small to begin with. Couple that with the recent availability of very fast Cigarettes with relatively mild power, and that gives the target market another very viable option. The age of the boat is another factor. Add rising insurance costs into the mix and it further 'thins the herd'.

So I agree with the folks above who basically say that the boat while very, very cool, is not quite worth the sum of it's parts.

Re: 1992 42 Flat Deck - Need Opinions!
 

I've seen unrigged and cut for 6's with a six man stand-up and staggered for $40,000. Add used power and used drives and what do you come up with? It is unique. Alot of people want to be unique and NOT have a boat similar to everyone else. I'm one of them. Asking price of $150,000. is not out of line. A price that you are willing to take and live with IS the question?

Andy

Re: 1992 42 Flat Deck - Need Opinions!
 

My friend bought the other boat (Bud's) that matches that one last fall for <$85K except his has Big N/A aluminum dry sump 1000hp motors