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Carbon Fiber 42 at Lake Cumberland

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Old 06-09-2007 | 09:10 AM
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That boat was owned by Ray Gennick and traded on my canopied gladiator last year. Ray took great care of that boat and it runs well. I believe that Craig Barry raced that boat years ago and did well with it. It runs in the high 90mph range according to Ray.
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Old 06-09-2007 | 09:59 AM
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I understand what a race boat is.(i have had a few)To modernize this particular race boat a total investment of over 175,000.00 will be needed.For that type of money i can get get into a much newer 6 drive Tiger.What are the pluses and minus of each esp considering resale down the road.
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Old 06-09-2007 | 10:22 AM
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PS when i say modernize it would consist of rebuilding and converting the engines to blowers,exterior paint ,interior guages and upholstry,updated electronics(.Hopefully the drives and headers are ok).Once again any info or opinions from you guys would be extremely helpful here.Thanks Joe.
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Old 06-09-2007 | 11:26 AM
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Originally Posted by REDDEATH
I understand what a race boat is.(i have had a few)To modernize this particular race boat a total investment of over 175,000.00 will be needed.For that type of money i can get get into a much newer 6 drive Tiger.What are the pluses and minus of each esp considering resale down the road.
you just answered your own question, it seems like your asking us to help you make up your mind, buy one turn key that you can use immediatly and have resale value, or buy one, tear it all apart for a year or so and have someone tell you "it's a 15 year old race boat thats been converted" I talked with Randy about this boat as well, for poker runs, nothing else...If your so worried about resale, then you need a stock powered 42 that will depreiciate less dollar wise, not % than one with big power and 6's, then you can hopefully resell it to someone that is moving up. Look at is a house, dont overimprove it, they may not have your same choice in shag carpeting.
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Old 06-09-2007 | 05:13 PM
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We tried to buy it three years ago.. If you want you can pm me for details on the condition. We ended up spending three years restoring a 1990 42 revolution wit triple 850s. Every single thing is new or redone on the boat, but it was a huge pita. Just buy a boat that you will have nothing to do to it but enjoy it. It will always cost more and take more time than you think. Unless you have another boat to use while redoing it, then do yourself a favor and get a tiger wit 6s n big power.
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Old 06-09-2007 | 07:28 PM
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Originally Posted by offshoredrillin
you just answered your own question, it seems like your asking us to help you make up your mind, buy one turn key that you can use immediatly and have resale value, or buy one, tear it all apart for a year or so and have someone tell you "it's a 15 year old race boat thats been converted" I talked with Randy about this boat as well, for poker runs, nothing else...If your so worried about resale, then you need a stock powered 42 that will depreiciate less dollar wise, not % than one with big power and 6's, then you can hopefully resell it to someone that is moving up. Look at is a house, dont overimprove it, they may not have your same choice in shag carpeting.
Sound advice.
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Old 06-10-2007 | 07:56 AM
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You should buy the Red 41 Saber in the classifieds here on OSO, I am taking her to Cleveland this week. It's brand new and on a aluminum myco.
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Old 06-10-2007 | 01:31 PM
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Thanks to all.My original plan was (if the price was right )to purchase the boat now,run it for the summer (as is) and restore next winter.
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Old 06-11-2007 | 06:01 PM
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Originally Posted by marylandmark
Yep! Buy it, send it and $300K to cig to have it 100% re-done and then have a $200K boat...
Besides the major loss of coin....How cool would that be to have it totally re-done by Cigarette, or even better have it sent to Phil and go through it from keel up! If I had an open checkbook I'd do it just for fun.
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Old 06-12-2007 | 11:58 AM
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The one Ocean Performance (on the board for 200.000.00)is brokering supposidely shows new.The only thing it would need is an extended cockpit (from a 3 to a 6 man bolster)Definately something to consider.The problem once again is for the same money i can get a much newer 6 drive Tiger that (resale wise )would probably be a better fit for me .anyway.
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