Info on a 1989 Cafe Racer
06-17-2008, 03:30 PM
#21
Registered
Platinum Member
06-17-2008, 04:09 PM
#22
How much were these boats new in 1989? 150K maybe? A new 911 was 45K (now they are 85K), a new TG is low 300's so a new Cafe in 89 should have been about 1/2 that. How can you justify asking 105K if the boat 20 years ago was 150K? Your boat is redone so it will pull a few bucks more but this is a pretty original looking boat.
You can ask all the money in the world but what it sells for is what real money is on it. Warpath was asking 135K and sold for less, Hot Duck's 45 was appraised at 200K+ but he couldn't get an offer when it was 150K. This is a pretty ordinary Cafe compared to the same vintage Apaches.
06-17-2008, 05:32 PM
#24
Platinum Member
Platinum Member
Do you really think he left 26K on the table? He was asking 79K so it probably sold for a few bucks less. If he was asking 105K he would still own the boat.
How much were these boats new in 1989? 150K maybe? A new 911 was 45K (now they are 85K), a new TG is low 300's so a new Cafe in 89 should have been about 1/2 that. How can you justify asking 105K if the boat 20 years ago was 150K? Your boat is redone so it will pull a few bucks more but this is a pretty original looking boat.
You can ask all the money in the world but what it sells for is what real money is on it. Warpath was asking 135K and sold for less, Hot Duck's 45 was appraised at 200K+ but he couldn't get an offer when it was 150K. This is a pretty ordinary Cafe compared to the same vintage Apaches.
How much were these boats new in 1989? 150K maybe? A new 911 was 45K (now they are 85K), a new TG is low 300's so a new Cafe in 89 should have been about 1/2 that. How can you justify asking 105K if the boat 20 years ago was 150K? Your boat is redone so it will pull a few bucks more but this is a pretty original looking boat.
You can ask all the money in the world but what it sells for is what real money is on it. Warpath was asking 135K and sold for less, Hot Duck's 45 was appraised at 200K+ but he couldn't get an offer when it was 150K. This is a pretty ordinary Cafe compared to the same vintage Apaches.
06-17-2008, 06:49 PM
#25
Can You Hear Me Now??
Gold Member
YOU GUYS ARE HIGH!
Remember my buddy traded an 01 35 T/S Playboy in Feb 2006 (stronger boat market) with 330 hours on stock 500 EFI's and got 90K. Passport Marine owned that boat 18 more months until bankruptcy and never got an offer on Ebay over 105K after a dozen listings.
This boat is worth 50K at best in today's market, its old/ dated graphics/ may/may not need stringer/transom work. Stecz's boat was asking 79K if I recall when he was selling it in a much stronger market and it was a Kevlar boat/ updated.
Remember my buddy traded an 01 35 T/S Playboy in Feb 2006 (stronger boat market) with 330 hours on stock 500 EFI's and got 90K. Passport Marine owned that boat 18 more months until bankruptcy and never got an offer on Ebay over 105K after a dozen listings.
This boat is worth 50K at best in today's market, its old/ dated graphics/ may/may not need stringer/transom work. Stecz's boat was asking 79K if I recall when he was selling it in a much stronger market and it was a Kevlar boat/ updated.
06-17-2008, 06:58 PM
#26
I know you never get back what you put in, and you lose money right away in a new boat. So here is the news flash boats are not a good investment, but I think some guys on here think that boats are worth .50 on the dollar. I am really sick of hearing about it. The housing market is weak to and might get worse before it gets better, so using line of thinking do you want to sell me your house for 40-50% off. The boats that are part of these fire sales are from people who have to sell...they might have no choice(so there unbelievable deals to be had)but to simply say that some boats are worth only $50,000 is crazy. Some of the old non updated all original may go for $50K but then guess what the new owner will start the process of getting the boat to where it needs to be for at least $20k but maybe up $50k then I say you better hurry cause it will not last.
06-17-2008, 07:25 PM
#27
Guest
Posts: n/a
OK I posted earlier but OSO wouldn't let me make the changes.
Anyway Have a 1989 Cafe Racer on our lot, owner is looking to move. It has Bravo one with ext box and speed master lowers. Has 572's, very sweet boat. I am not as familiar with the Cigs so I welcome any opinions on this model. I took it out in solid 3' waves and the boat was unreal solid, and fast. Here are some pics, I appreciate any opinions on this model and set up.
Sincerely
WILL
Anyway Have a 1989 Cafe Racer on our lot, owner is looking to move. It has Bravo one with ext box and speed master lowers. Has 572's, very sweet boat. I am not as familiar with the Cigs so I welcome any opinions on this model. I took it out in solid 3' waves and the boat was unreal solid, and fast. Here are some pics, I appreciate any opinions on this model and set up.
Sincerely
WILL
06-17-2008, 07:40 PM
#28
Registered
Platinum Member
