1990 Cigarette Bullet on BoatTrader
 

Does anyone know this Bullet?

http://images.traderonline.com/img/6...74978871_1.jpg



http://adcache.boattraderonline.com/6/7/1/74978871.htm

It looks familar. If the owner is on here, I would hate to contact a broker.

NADA guides say that "average retail" is $64,100. I wonder if he would take it?

Re: 1990 Cigarette Bullet on BoatTrader
 

Craig (Oldschool) may know a tad about it :p :evilb: :D

Re: 1990 Cigarette Bullet on BoatTrader
 

That boat keeps popping up on here every couple of months.
If you are SERIOUS ready for a very nice Bullet. I may know of a
perfect, updated one...E-mail me if you are ready to BUY

Re: 1990 Cigarette Bullet on BoatTrader
 

It looks like that boat has been "for sale" for a loooooooong time. The price must still be too high.

http://www.offshoreonly.com/forums/s...ad.php?t=30395

Re: 1990 Cigarette Bullet on BoatTrader
 

PM Craig

Re: 1990 Cigarette Bullet on BoatTrader
 

:rolleyes: Yeah, I don't think he is going to address this one on the board anymore.......

Re: 1990 Cigarette Bullet on BoatTrader
 

Thanks. I PM'd Craig, and I read some old threads on the boat. Interesting stuff.

Bottom line... if the survey is good and if the price is right, I would buy it.

Re: 1990 Cigarette Bullet on BoatTrader
 

Exactly. Have it surveyed and buy the damn thing if it passes. :cool:

I think everyone is sick of seeing it pop up every month. :rolleyes:

Re: 1990 Cigarette Bullet on BoatTrader
 

THAT has been the issue the last few times someone looked into buying this Bullet. It was always reported that the seller/broker was not willing to negotiate much off that listed price. I dont know about currently though. Good luck.

Re: 1990 Cigarette Bullet on BoatTrader
 

I talked to Craig (OldSchool) today. He had some nice things to say about the boat. He really did. :p

I also talked to Curt (the owner). That talk went well. :)

Craig is going to mail me his copy of the survey that was performed. I will send that to my finance officer.

I am going to proceed forward. Wish me luck! :D

Re: 1990 Cigarette Bullet on BoatTrader
 

I talked with my finance officer and got some bad news. They will only loan 90% of "low retail". The NADA "low retail" on a 1990 Bullet with 500hp engines is $56,900. 90% is $51,200. That leaves me with over $10,000 to make up, and I can't do that.

Thanks anyway guys... :(

Re: 1990 Cigarette Bullet on BoatTrader
 

We have a Bullet for sale 1989 1- owner kept high & dry since new here in Miami. $ 49,900......... Make us an offer ! 454's Bravos....... Low hrs.

Re: 1990 Cigarette Bullet on BoatTrader
 

NADA "low retail" is $37,370. That's my offer. sorry...

Re: 1990 Cigarette Bullet on BoatTrader
 

sorry for the news bud

jr mike

Re: 1990 Cigarette Bullet on BoatTrader
 

Maybe if you showed your "finance officer" some of the Claymates, maybe they would be more flexible!!! :D :D :D

Sounds to me like this finance company is not working in your favor ???

Good Luck !!!

Re: 1990 Cigarette Bullet on BoatTrader
 

Thanks. I totally understand the 90% loan-to-value policy. I just want the "value" to be what is stated on the survey... not what NADA says...

oh well...

Re: 1990 Cigarette Bullet on BoatTrader
 

Just work some more OT and you will have the ten grand. Problem solved

Re: 1990 Cigarette Bullet on BoatTrader
 

Have you talked to Dave Patnaude at Essex Credit? He has helped me & several other members of the board.

http://www.offshoreonly.com/forums/s...ad.php?t=95112

A quote: "BUYING A BOAT FOR $100k THAT HAS A BOOK VALUE OF $50k: Most Banks want to loan 80% of what the current wholesale value of any used boat. The only way to get around this to have a Marine Surveyor survey the boat and if the Survey says the current value is $100k, then most times the bank will take that value as the benchmark and not the wholesale book value."

Re: 1990 Cigarette Bullet on BoatTrader
 

My boats still looking good huh!!! :D

Re: 1990 Cigarette Bullet on BoatTrader
 

Yep! My "dream boat" would be a Cig, so I'm gonna try that first. But, I haven't forgotten about your boat. :cool:

Re: 1990 Cigarette Bullet on BoatTrader
 

Thanks, Andy. That's a great thread.

I tried to PM DaveP, but got...

DaveP has chosen not to receive private messages or may not be allowed to receive private messages. Therefore you may not send your message to him/her.

I will go to the Essex Credit website and see what they have to offer.

Re: 1990 Cigarette Bullet on BoatTrader
 

Did you ever get ahold of Stan ?....I think his is priced right for the bank

Re: 1990 Cigarette Bullet on BoatTrader
 

clay its a buyers market now offer 52k for the bullit tell him is your best and only offer them give him 24 hours to think it over.

Re: 1990 Cigarette Bullet on BoatTrader
 

He offered him 37k above.....Dont think that will get it....
I agree,sorta on the "Buyers Market"....They only built 68 of these things, not many of them are really nice. Most of the "Cherries" i looked at were junk in my book. I ended up paying more to get a clean boat.I think very nice boats are still moving

Re: 1990 Cigarette Bullet on BoatTrader
 

Try Russo marine in MA. Ask for Jerry. All they need is a survey.

Re: 1990 Cigarette Bullet on BoatTrader
 

I personally dont believe NADA has **** to do with a boats true value. Ask OLDSCHOOL what a clean Bullet will bring!! It might say 40k NADA but I've seen that same boat sell for over 65k.

Re: 1990 Cigarette Bullet on BoatTrader
 

And, if the new owner keeps it clean it will always be worth that.

Re: 1990 Cigarette Bullet on BoatTrader
 

That 1990 Bullit you are talking about I looked at and drove in 2003 because I was thinking about buying it!! At that time Curt was asking about $95,000 for the boat, I offered him $90,000 and he countered at $91,500!! The hull at that time was in exellent shape, the motors sounded great, but there was some issues!!!!!!!!!!! Not all the new Gaffrig gages worked, for some reason there was a issue on the engine serial numbers, the electric bolsters didn't work, the biggest issue was the stainless headers were going to be removed and replaced with cast iron stock, it had K&M air filters that were not Coast Guard approved, and a few other mickey mouse things! I thought better of the deal and changed my mind and bought a cherry 28' Cigarette SS. I haven't seen the bullit lately, so I don't know what condition it's in now!!
Gary

Re: 1990 Cigarette Bullet on BoatTrader
 

You got a phone number or an email address?

Re: 1990 Cigarette Bullet on BoatTrader
 

1-888-604-7916

http://www.russomarine.com/marinefin...easternus.htm#

Jerry Pitts

Re: 1990 Cigarette Bullet on BoatTrader
 

90,000 the guy should have taken it and ran, I bet he is kicking himself now. You could find a nice cafe or a gun for that now.

Re: 1990 Cigarette Bullet on BoatTrader
 

With all the drama that has gone on with this boat, I would think the owner would jump on a 51K offer or something close to it. It's been for sale since I started hunting for a Cigarette in late 2002.

Re: 1990 Cigarette Bullet on BoatTrader
 

clay, CAll Melanie Jolles at Beacon Marine Credit...she is great to work with and has helped quite a few members on the board...Rob

866-523-2266

Re: 1990 Cigarette Bullet on BoatTrader
 

I got approval from Essex Credit to buy the Bullet.

http://www.offshoreonly.com/esvon/page-7735.html

I need to get a survey done, process some paperwork, and drive to Michigan. But, it looks like I will be a Cigarette owner in February. :D

Re: 1990 Cigarette Bullet on BoatTrader
 

Your welcome. :D :D :D :drink:

Seriously, congrats! Nice ride!

I know there are several recommended lenders out there, but Essex struck me as truly professional in my dealings with them. The buyer of my Active Thunder used them & thats what convinced me to call them for the loan on my Cig. Prompt callbacks, attention to detail, nothing funky in the loan docs, just a class act.

Re: 1990 Cigarette Bullet on BoatTrader
 

Great news Clay!!!!! Congrats! :evilb:

Re: 1990 Cigarette Bullet on BoatTrader
 

Congrats ! :cool:

Just curious, are you going to put hydraulic steering on it ?

Re: 1990 Cigarette Bullet on BoatTrader
 

Looks good!

Re: 1990 Cigarette Bullet on BoatTrader
 

Once I get the boat back to Texas, I will probably take it by Full Throttle Marine for an oil change and a compete checkout. I will decide what changes (if any) I want to make then.

I do plan to change the name from "Who's Your DADDY" to "TWISTED"

http://pg.photos.yahoo.com/ph/clayin...stin/my_photos

Re: 1990 Cigarette Bullet on BoatTrader
 

that's one nice bullet good luck with it clay and hope you enter our family hope you get it i know ya have been wanting one since i met ya at the ramp at lake travis

jr mike