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The Cig event fathers day week is free advertising, 3 or 4 days of potential buyers roaming the docks you should come join us.
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Originally Posted by eichhoma
(Post 4947060)
Oh you aint wrong man, on any of the points, I hear ya...
6 figures just doesn't seem realistic to me but I agree, I have seen a couple of them. I'm hoping with it being located at LOTO it helps me some but in reality, i'm seeing the writing on the wall. Hope yours sell soon man! everyone has outboards and center consoles. the good ole days |
Originally Posted by 1MOSES1
(Post 4947031)
sounds about right…problem with pbc and bt is that they are very picky about what old TG’s they sell. They werent interested in listing mine when I called a couple years ago.
They look for very basic paint. Basically all white with a stripe or two. Super clean everything with traditional power. Mostly upgraded efi power. Stuff that’s turn key. They are very risk adverse. They don’t want boats sitting on there lot taking up space. |
Originally Posted by eichhoma
(Post 4947046)
I am planning on selling it directly but I dont think your numbers are off... in a perfect world, I d like to get low to mid 80's on it.
Insurance is available, its not cheap, I've been going through Wozencraft the last several years and its been fine... it goes up a little every year but that is what it is. Financing would be quite foolish IMHO... on something like this |
Depends on the buyer, but if it is turnkey and no rot then most would people who know what they cost to fix up would be happy with $80K. The ones for $50K going to cost another $50K to get them in good condition after you lose at least one maybe two seasons. I have about 75-80K in my 1989 28 Saber over past 4-5 years after buying as a hull with subpar drives, buying turn key reliable stock mercury EFI 502's (mercury black), replacing with SEI bravo one drives, and paying someone else to rig and repower. I did no glass work and upholstery still original. Use that as kind of a floor for a turn key reliable stock power speed boat. I would of been happy to pay $70-80K for something turn key that may need one big ticket item.
What scares me most about the old cigarettes is the potential for transom rot and wet stringers and bad fuel tanks, much like any boat. Most of that fear is from looking at OSO restoration threads. Recommend you do a good recent survey that will put those kinds of concerns at bay and then someone asks about it. If you haven't done any major glass work most will assume the worse so show them a survey that says no rot or wet wood. |
Originally Posted by Griff
(Post 4947063)
No knocking your boat at all, but eichoma's boat has LOTS of updates. Also, the boat has been fresh water local to LOTO for 20ish years.
on the other hand a lot of people don’t want old carb power. They want turn key blue motors that are EFI. it’s six in one hand and half dozen in the other. I also think eichoma paint is better than ours. I prefer it over what we have…so that’s another selling point. I do think the Loto market is a lot better than the northeast. it takes a special person to buy an old big power flat bottom cig these days. There aren’t many of them left out there. Sh!t I had one guy come look at ours last year. No offense to anyone but he had to be near 70. Feels like only the old school guys are into them now days…and that population is aging and dwindling. |
Originally Posted by TexomaPowerboater
(Post 4947070)
Depends on the buyer, but if it is turnkey and no rot then most would people who know what they cost to fix up would be happy with $80K. The ones for $50K going to cost another $50K to get them in good condition after you lose at least one maybe two seasons. I have about 75-80K in my 1989 28 Saber over past 4-5 years after buying as a hull with subpar drives, buying turn key reliable stock mercury EFI 502's (mercury black), replacing with SEI bravo one drives, and paying someone else to rig and repower. I did no glass work and upholstery still original. Use that as kind of a floor for a turn key reliable stock power speed boat. I would of been happy to pay $70-80K for something turn key that may need one big ticket item.
What scares me most about the old cigarettes is the potential for transom rot and wet stringers and bad fuel tanks, much like any boat. Most of that fear is from looking at OSO restoration threads. Recommend you do a good recent survey that will put those kinds of concerns at bay and then someone asks about it. If you haven't done any major glass work most will assume the worse so show them a survey that says no rot or wet wood. https://cimg1.ibsrv.net/gimg/www.off...4a5c86a771.png https://cimg2.ibsrv.net/gimg/www.off...50de0c41ab.png https://cimg3.ibsrv.net/gimg/www.off...c36e0f3cd8.png https://cimg4.ibsrv.net/gimg/www.off...c2c88f1c42.png https://cimg5.ibsrv.net/gimg/www.off...a15ec73160.png https://cimg6.ibsrv.net/gimg/www.off...07aa6008e1.png |
EICHOMA, check your in-box. Thanks
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Originally Posted by Helmwurst
(Post 4947088)
EICHOMA, check your in-box. Thanks
:D:drink: J/K |
I sure like your optimism! lol
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