Tank “Back in the Saddle Again”
#655
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Joined: Mar 2013
Posts: 1,003
Likes: 895
From: Cleveland ohio
Yea it has dried up. I have seen a few nice redone boats sell. It’s so hard to find places to do any work anymore I’d assume the mid 90s early 2000s that need updates and restoring are going to sit longer these days I could be wrong just a thought. On the flip side the new boats are so expense a fully redone updated boat that is nice prolly could be worth 150k
#656
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Joined: Nov 2007
Posts: 4,029
Likes: 510
From: Cleveland, Ohio
Yea it has dried up. I have seen a few nice redone boats sell. It’s so hard to find places to do any work anymore I’d assume the mid 90s early 2000s that need updates and restoring are going to sit longer these days I could be wrong just a thought. On the flip side the new boats are so expense a fully redone updated boat that is nice prolly could be worth 150k
I’m referring to boats with new wood, updates and new fuel tanks, holding tanks, plumbing, etc in them, not re-paints.
#657
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Joined: Mar 2013
Posts: 1,003
Likes: 895
From: Cleveland ohio
Yea. I think a new topgun is like 800k. I have o intrest in selling mine but I would think since there was wasn’t a screw or wire that wasn’t replaced and being new wood , wiring, plumbing, new tanks, new interior, all new electronics and the list goes on when I sit and look at it the boat is new from front to back I guess I wouldn’t take less then 200k. I mean yea someone has to want it and be willing to pay but it’s better then 800k for a new one. There are some nice builds out the there for sure !
#658
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Joined: Jun 2010
Posts: 4,806
Likes: 891
old flat bottom cig’s are a tough sell no matter the condition or upgrades…
1. they are old so financing is non-existent
2. they are old so insurance is hard to find
3. cost of capital is expensive…int rates are high!!!
4. anyone who has the capital will opt for a newer ts
I should have sold 2 years ago…
1. they are old so financing is non-existent
2. they are old so insurance is hard to find
3. cost of capital is expensive…int rates are high!!!
4. anyone who has the capital will opt for a newer ts
I should have sold 2 years ago…
#659
Registered

Joined: Nov 2007
Posts: 4,029
Likes: 510
From: Cleveland, Ohio
old flat bottom cig’s are a tough sell no matter the condition or upgrades…
1. they are old so financing is non-existent
2. they are old so insurance is hard to find
3. cost of capital is expensive…int rates are high!!!
4. anyone who has the capital will opt for a newer ts
I should have sold 2 years ago…
1. they are old so financing is non-existent
2. they are old so insurance is hard to find
3. cost of capital is expensive…int rates are high!!!
4. anyone who has the capital will opt for a newer ts
I should have sold 2 years ago…
#660
Registered

Joined: Jun 2007
Posts: 7,309
Likes: 1,815
From: Merritt Island, FL
old flat bottom cig’s are a tough sell no matter the condition or upgrades…
1. they are old so financing is non-existent
2. they are old so insurance is hard to find
3. cost of capital is expensive…int rates are high!!!
4. anyone who has the capital will opt for a newer ts
I should have sold 2 years ago…
1. they are old so financing is non-existent
2. they are old so insurance is hard to find
3. cost of capital is expensive…int rates are high!!!
4. anyone who has the capital will opt for a newer ts
I should have sold 2 years ago…
And yes running with the devil is a LOT of hardware for the price. Looks very clean.



