Re: 2003 gladiator seems like a helluva deal !!
 

agree'd

Re: 2003 gladiator seems like a helluva deal !!
 

Blah, blah, blah...... Fountain will stick it in just as far as all the other manufacturers. Dont give me that "we never sold a executioner for $325" crap.... take a look in some of the deal jackets at the OTD price or amount financed at the 0% intor price. Is that 221 Fountains for sale right now???? Brand new Executioner for $199k now?? Lost $30k in 3 weeks???

Re: 2003 gladiator seems like a helluva deal !!
 

Guys if you read my post clearly it was geared more toward the OL clan. Resale Value meaning dollars is a relative term. For every 400k cigarette I'll show you a couple of year old one for 275k For Every 250k Fountain I'll show you a two year old one for 175k. These are facts gentlemen this is not a conspiracy. The top 3 Most recognizable brands are Fountain, OL and Cig. I say top 3 because of Outerlimits low volume, elite custom creations, Cigarettes superior brand imaging and detail, and Fountains Racing accomplishments. These are the 3 most recognizable brands on the market today. Depreciation and resale figures are relative to replacement cost of the product new. I am a very big fan of all three especially a new Gun. Just trying to shed some light on some posts on resale of all three that were mentioned. Oh yeah I am angry. Angry that a New Gun isn't in the budget this year.lol

Re: 2003 gladiator seems like a helluva deal !!
 

Dhlaw- Executioners do not cost 325k new! Were are you getting this info. If dealers financed 325k on that boat it is with 0$ down finacing the tax plus negative equity plus a trailer plus getting bumped in the F&I office for aftermarket. This does not happent to often. An Ex does not cost 325 please get your facts straight before you post.

Re: 2003 gladiator seems like a helluva deal !!
 

They all seem to depreciate pretty fast in the first couple of years . Seems to me that after the first couple of years the Gun seems to slow way down and maintain a pretty good value, especially the T/S Guns. As mentioned before there are always cases of people selling below market value for various reasons or boats that are turds and in poor condition that shouldn't reflect the actual market value.

Re: 2003 gladiator seems like a helluva deal !!
 

Depending on cash flow and how the boat would be financed I would be inclined to buy the used boat over the new one. I'd rather the first guy take the 20-30% hit in the first couple years than me... :drink:

A lot of times the new boats have excellent finance deals but I'd pay close attention to those deals because you may find yourself upside down in 3-4 years when it comes time to sell. :(

Re: 2003 gladiator seems like a helluva deal !!
 

Sure....if you had nothing but money then why wouldn't you buy a used boat? A lot of people can't afford a new boat and that is why they buy used. Oh yeah, everyone buys a used boat becuase they bought it for 50 cents on a dollar otherwise they would buy new :rolleyes:

Re: 2003 gladiator seems like a helluva deal !!
 

I've been in the auto business for over 15 years and i see depreciation losses EVERYDAY. I have nor will ever BUY A NEW BOAT OR CAR. I buy mine couple years old, the original owner has already had his heart ripped out with depreciation and i can buy them right...and hopefully make a couple $$ when i sell or worst case break even. I'm in and out of boats and cars every 12-18 months

Re: 2003 gladiator seems like a helluva deal !!
 

i would say that is true for people "who know better", but for the rest of the world (which is a far greater amout), the most recognizable perf boat brands would probably be something like cig, baja, and scarab. I'm sure most of the world has no idea what an outerlimits or apache is.

Re: 2003 gladiator seems like a helluva deal !!
 

Agree... I bought a brand new 03 29 Fever w/525 for 97K with trailer, kept it 1.5 seasons and 120 hours and sold it for 83.5K.... and sold it to the first guy to look at it and only had it listed for 10 or so days.

All the brands lose at about the same rate unless someone buys new and it is a nasty looking one-off type deal and they take it in the cheeks harder....

Re: 2003 gladiator seems like a helluva deal !!
 

What did they PAY YOU to take the Rainbow Warrior home..... :eek: :rolleyes:

Re: 2003 gladiator seems like a helluva deal !!
 

Isnt this thread about Gladiators??? No????

Re: 2003 gladiator seems like a helluva deal !!
 

no... its about the ugliest gladiator

Re: 2003 gladiator seems like a helluva deal !!
 

Maybe, but I like the one in question better than these two.

http://www.offshoreonly.com/esvon/page-7538.html
and

Re: 2003 gladiator seems like a helluva deal !!
 

and what a wonderful view it is :D :D :D

Re: 2003 gladiator seems like a helluva deal !!
 

The paint isn't that bad on the Gladiator Hideaway has, it's the interior that kills it.

Re: 2003 gladiator seems like a helluva deal !!
 

Just read some more of this thread. If the TG was priced right it sold in less than a month. If it is a standard boat, not big power/ rare edition then it should sell fast.

Any boat that is 6 weeks into advertising and not sold is priced too high. ASG's 03 38 575 boat just sold after over a year on the market at 205K tells me it was not priced to sell in the current market. Odd boats like Lucky Strike (being a race boat with history don't figure into this equation) but any other 35-38-39-42 Cigarette should be sold in short order if it is priced right. The OSO Gladiator sold in a few months even as a project boat/ no power. 02-03 TG's are not 200K boats anymore when owners are ASKING 250-275K for 04/05 boats. Reality checks are in order for a few owners when they check what the trade values are on these boats.
OL's are limited production but fall into the Rolls Royce category (if you can afford them, then you can afford a new one) and Fountains are too mass produced for strong resales because the huge amount of dealers willing to discount destroys the resale of used boats. I have a good friend with a 40 hour 03 42 Lightning with 575's that still has the fantasy his boat is worth 200K. I have argued I can buy a new 42 for 220K with 525's that will be just as fast and more reliable. He thinks that due to the low hours the boat is irreplaceable as do several others with low hour 4-5-8-10 year old boats.
The trade values/ loan values on these high volume boats indicates some lower values.

Berns29 said it a while back, you make money when you buy it not when you sell it.

Re: 2003 gladiator seems like a helluva deal !!
 

Dude! You can not buy a new 42 Lightning for 220K.
That money will buy you an Ex. A new 42 Lightning with
that power will run North of 325K. Get it straight......
Lightning & Executioner are 2 completly different
prices. Its like comparing a regular vette and a ZR1.

Re: 2003 gladiator seems like a helluva deal !!
 

Money lost is money lost. Weather you buy a O.L for 700k and
sell it for 500k, a Cig for 500k and sell it for 325K or buy a Fountain
for 220K and sell it for 185K ...well you all took a beatin.
Percentage wise they are all about the same. Dollar wise..
I'll take the Fountain.:drink:

Re: 2003 gladiator seems like a helluva deal !!
 

You can buy any 42 Lightning or Ex with 525's for under 300k for the last three years. They do run on the same hull. So I guess the price of the ex is telling you how much you are getting ripped off buying the Lightning. Here are some examples of ones with more power for under 300k.
http://www.offshoreonly.com/esvon/page-11893.html
http://www.offshoreonly.com/esvon/page-11168.html
http://www.offshoreonly.com/esvon/page-10638.html
Should I keep going. With asg's boat it was hit and repaired by Cigarette which made it better than new, but im sure that had a reason why it went for the price it did. Fountains are a production boat and the prices reflect that. They are priced well so they will sell lots of them. You cant compare the quality and the price of a Fountain to a Cig or OL. They are two totally different boats. Im not bashing Fountain here. Fountain builds a good boat, theres no doubt about that. In my opinion the 42 Hull is one of the best out there, especially for the money. It's just the quality doesnt come close to our Cig. It seems on here that Fountain owners think their boats are as good as Ol's. Yes you Fountain guys paid less money for a good solid production boat, but its not a custom boat as in an Ol or Cig. How many new Cig's or Ol's do you see with the same exact paint job?? Not many. Im mean theres 50 plus fountains with the exact same paint job, and thats just for one style. I agree on that all boats depreciate fast. But a Fountain for 220k then sell for 185k is after one year. Theres no way that if you buy a 500k Cig it sells for 300k the next year. Cigarette's are the legend that satrted this sport and people pay for the name and the quality of the product. Now I am probably going to get millions of responses by Fountain owners, so lets hear them.

Re: 2003 gladiator seems like a helluva deal !!
 

O/k I'll be you huckleberry. So the Fountain that you paid
220k for will sell for 185...sounds about right. The 500k
Cig will sell for... what? Maybe 400k-425k in a year.
What boat has better resale value? Looks about the
same to me.
Buy the way, I'm a Fountain owner and my best
buddy owns a Cig. Rigging wise, The Cigs wins hands
down. Fit & finish,Cig all the way. Bottom enginering,
Fountain. No doubt overall, the Cigs quality is superior.
Dollar for Dollar, money lost from a new boat purchase,
Cig is superior in that catagory also. :)

Re: 2003 gladiator seems like a helluva deal !!
 

Yes, that is where Reggie spend most of his money, in the hull. Hey, I used to own a Fountain, just look at my name. I actually think the older boats are better quality than some of the new ones since all the money wasnt dumped into hull R&D. One of our best buds has a 42 Fountain, not going to go there. To sum things up no boat has good resale, Cig might only have an edge to the public just because it says Cigarette on the side. One more thing, why did a Fountain win best appearing boat up at Lake George??:D:D:D:D

Re: 2003 gladiator seems like a helluva deal !!
 

The accident definitely figured into the time it took ASG's TopGun to sell...........especially after PB magazine ran an article about the worst crashes ever that had a full-page spread of ASG's 'Gun getting a Donzi injection. :eek: :eek:

I always said it should be worth MORE than other 'Guns, it had parts of TWO Aronow companies included........ :cool:

Re: 2003 gladiator seems like a helluva deal !!
 

Ken Colletes m/vice Donzi won....but it should of been a
Fountain :D Buy the way,we met at the Poker run party.
Your Glad is sweeettttttt!!!!!!!

Re: 2003 gladiator seems like a helluva deal !!
 

I do not think that most all the buyers of 38 and bigger Cig's or Fountains or OL's or Nortech's or MTI's or Skaters and so forth consider resale or the amount of money the boat will depreciate.

It's boating...people...the worst investment of hundreds of thousands of dollars...the black hole!

However, if I would have just invested the money I have spent on boats and cars in the last 10 years I could retire...but...hey I've had a blast and what will it really matter when I'm dead and gone?

Re: 2003 gladiator seems like a helluva deal !!
 

NO TRUER WORDS BROTHER... :cool:

Re: 2003 gladiator seems like a helluva deal !!
 

Not to mention the funky (IMO) non ITS drive setup. And, no paint. I know some of you like the boat all white. However, you still would have to spend a min of 15K to paint it.

Re: 2003 gladiator seems like a helluva deal !!
 

i coulda bought this for 130k FOUR years ago......

http://www.offshoreonly.com/esvon/page-13525.html


see... cigs dont depreciate :rolleyes:

Re: 2003 gladiator seems like a helluva deal !!
 

Thanks. I thought I heard the word Foutnain after they said his name. Now it's ok that he won since he was in a Donzi.:D:D We should be back up there next year as well. You guys up there have to get the cops to back off though. Its a beautifull lake, but they are pretty strict, and even paying to boat there is wrong.

Dan

Re: 2003 gladiator seems like a helluva deal !!
 

Ha, those Mystiques are very mystical! I think that price is canadian dollars but even with that assumption it is still overpriced. I remember the one on ebay stalled at the low 60's and it was a 500's boat I think vs 496 HO's.

When it is still for sale in Sept 07 then maybe they will bring the price down to reality.

Re: 2003 gladiator seems like a helluva deal !!
 

thats a t/s boat though... way more than a 500 efi boat w/ no steps

Re: 2003 gladiator seems like a helluva deal !!
 

Your math sucks:
OL dropping 700 to 500K is 28.5%
Cig dropping 500 to 325 is 35%
Beak dropping 220 to 185 is 16%
No where near the same percentage but if your prices were correct I would take the Fountain too but don't think you can buy any Fountain new and sell it a year later for a 16% hit.

Re: 2003 gladiator seems like a helluva deal !!
 

Who gives a rats a** about which boat depreciates faster. They all go to zero in the end.

Re: 2003 gladiator seems like a helluva deal !!
 

i think the TG argument comes from its popularity and its model continuity from 90-94,95-1999 the t/s came out priced at 290k so all the 90-1999 tgs looked good at 130-160... but now that so many t/s are avail in the used market... but the straight bottom owners still live in a fairy tale land

Re: 2003 gladiator seems like a helluva deal !!
 

Im with you on the straight bottom owners living in a dream world.

Re: 2003 gladiator seems like a helluva deal !!
 

Please do not listen to any of this, he has all his facts wrong.

Re: 2003 gladiator seems like a helluva deal !!
 

That boat has standoff boxes, funky to you but ride is incredible.

Re: 2003 gladiator seems like a helluva deal !!
 

Right on!!

Re: 2003 gladiator seems like a helluva deal !!
 

Info based on your OSO classified. Sorry if I offended the OSO HQ by reading the original date added on the ads with the last updated date just below it indicating the amount of people that have looked at the boat ad and how long it has been for sale. ASG's boat had the incident in its history that Cashbar mentioned which I had not mentioned in my earlier post since I didn't want to bash the boat. I also didn't want to start a war with posting links to every overpriced boat in the OSO classifed since that is a personal attack on the boat/ owner so I left it too generalizations. Several boats in the OSO classified have been listed for quite a while with no sales on the horizon with winter setting in. Blume (oso advertiser) is selling boats and a few posts have popped up that he is selling boats with lower asking prices than private owners are asking for similar boats, a 04 42 Lightning from Texas comes to mind. Blume is putting real prices with the boats and then they sell. Berns29 did this as well with his boat.

Re: 2003 gladiator seems like a helluva deal !!
 

I understand that. Unfortunately, I still think that it hurts resale value.