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Rhythm and Blues 03-07-2016 06:21 PM

Sure, I'll play..
Bob, did you assume I was financing 100% of the boat through my credit union? You know what they say about ass-umptions.. The value of the boat/trailer is based 100% on NADA value and unfortunatly not on a survey.

Rhythm and Blues 03-07-2016 06:25 PM


Originally Posted by donzi matt (Post 4412802)
I bought my Cafe late fall of 2014, it would have been in your budget. At the time there were several Cafes on the market so values were down as supply was high. I have yet to see prices anywhere near where they were when I bought my boat and I would certainly not sell it in this market for what I paid for it, but I have done several upgrades since purchasing it. You will eventually find what you are looking for, but you will need to be very patient, and very quick when the right boat hits the market. I had the deal struck on mine 3 days after it hit the market, it would have been gone quickly had I waited.

Appreciate the encouragement and kind words. Every day I'm on miltiple sites waiting, watching, sniffing around..

ICDEDPPL 03-07-2016 06:33 PM

According to NADA an 1986 Cig. is worth $23, 000 .
How does that make sense?


Matt, yours was cheap cause it was a suicide scene, (grey interior, gets you everytime) are you feeling ok btw??


:kiss:

Rhythm and Blues 03-07-2016 06:45 PM


Originally Posted by ICDEDPPL (Post 4412809)
According to NADA an 1986 Cig. is worth $23, 000 .
How does that make sense?

Agreed, It makes no sense. Which is why their overhauling their entire valuation structure; when it will be completed one can only guess. I can tell you tho, that 85 Mistress is in the ballpark, some early 90s TGs and Cafes end up working out too.
The more that's poured into older boats the farther away from reality NADA gets. For some reason the 90s work out somewhat better..

donzi matt 03-07-2016 06:52 PM


Originally Posted by ICDEDPPL (Post 4412809)
According to NADA an 1986 Cig. is worth $23, 000 .
How does that make sense?


Matt, yours was cheap cause it was a suicide scene, (grey interior, gets you everytime) are you feeling ok btw??


:kiss:

LOL, I notice you have quite a bit of grey in your interior now. How's that peanut butter and jealous tasting?

ICDEDPPL 03-07-2016 06:53 PM

It`s silveeerrrrr!!!!!!!!

:D

Rhythm and Blues 03-07-2016 06:56 PM

2 Attachment(s)
Take a look here and you'll see what I mean. A lot of early 90s boats end up looking kinda like that. Maybe its some sort of algorithm... Lol

ICDEDPPL 03-07-2016 06:58 PM

If I had a total loss and my insurance went by NADA values you`d probably see me on the news at NADA headquarders

:lolhit:

Rhythm and Blues 03-07-2016 07:00 PM


Originally Posted by ICDEDPPL (Post 4412822)
If I had a total loss and my insurance went by NADA values you`d probably see me on the news at NADA headquarders

:lolhit:

Theres definitely a dissconnect there, your in good shape that insuring it is relitively strait forward..

cigrocket 03-07-2016 07:10 PM

Most places use Buc book values, which are a little closer. Boats are a different bird anyway. An ass for every seat and it all depends on what someone is willing to pay. Older boats are more difficult to judge. Problem is as we dump more money into older boats it makes it tough. Other then HELOCs or personal loans nobody will finance old boats. So it limits the buyers. You need to find a cash buyer. Then you look at if someone had that much cash, should they buy much newer and finance versus putting down 60k plus in cash? So it turns into a double edge sword. Which is the better buy?


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