Might need to sell 357
 

Looking for some advice on pricing or what you feel is the best way to sell. I own an 86 357 with KAAMA drives. The entire driveline is currently removed from the boat and I might need to sell it. I would prefer to sell it without the drives/engines. I don't want to put the engines in because they need time and expense to finish which I don't have, also this would allow me to keep them for a future boat. I would like to sell without the drives/ transmissions for basically the same reasons, plus the fact that not many people want these drives. The kaama drive footprint is very small, roughly a six inch diameter circle with mounting holes around it. Hopefully this makes it easy for someone to put on different drives. The rest of the boat is in what I believe would be average to above average condition. Except for the engines and drives the boat should be ready to go. The boat is all original except for the stereo. The transom/stringers are rock solid and dry (professionally rebuilt). The boat does not have a swim platform nor is the transom drilled for one although a silent thunder might be available. Boat is in storage but I can get pics. I have owned boat for about ten years and it has been in storage that whole time. So what do you think it might be worth and how saleable is it? Thanks.

Post Pics
 

COULD BE INTRESTED CAN't sale what we see, or want to buy !!

I will try to get pics in the next couple days. I need to get an idea of what it is worth. I have owned it for ten years and not used it once. I am finally coming to grips with the fact that I have lost interest in this project and should get rid of it.

bck

This may be a longshot, but I have the full set of Kaama drives, transom assemblies, transmissions, bell housings, starters, flex plates, external steering and trim that I will sell for $6K. If you find someone that wants to keep it Kaama, but you don't want to let yours go, they can get mine. Mine came off of a 86 357. Just wanted to give you options. Good luck with the sale, that is an awesome boat with Kaamas.

I had an '88 357 that I sold last summer. The boat had 780 hours on original 454/420hp's with TRS drives. Cosmetically the boat was in excellent condition, as the interior had been freshened several years back. I sold the boat for $35k, but it was hell getting the deal done, as it is tough getting an old boat like that financed.

I'm not going to let it go for nothing as it's not some junk that was stripped and abandoned in a field, but I'm thinking without engines and drives it would be cheap enough that financing wouldn't be a huge issue. I already know what the minimum is that I will sell the boat for- I need to know what the upper end is for one of these without power.

The cabin looks to have had little use, all the cushions and headliner are in very nice shape. The carpet is a little stained but because of the dark color you can't really notice it. It will show up in a pic but is almost invisible to the eye. The stereo works. I have never run the fridge or the sink water. In the cockpit the black dash has some sun fading and all original gauges which worked when last used. The bolsters are in very nice shape. The rear seat is a little worn but still ok. The sunpad has noticable wear and would probably deteriorate quickly if subjected to regular use. The snap in carpet is in nice shape as is the bimini top. The transom and stringers were professionally rebuilt by a Formula recommended facility and has never been used since repair. I have never plugged in the shorepower. The interior is Black/Grey/Red. The hull sides look very nice and possibly have been touched up paint wise. The rub rail is dinged up. The deck was chalky and was polished out 2 years ago. I haven't looked at it since then to see how it held up. The exterior is mostly red with black and grey. It is on a Myco trailer.

I sold mine without a trailer, so based on what you are saying, I would think that you should be able to pull $20-25k out of it?

Thanks. I might be willing to keep the trailer if it wasn't wanted.

If you end up selling the boat without the trailer, let me know, as I might be interested in buyin it for my 353.

Finance an '86 boat without motors or drives? Good luck! :)

I wouldn't think that someone with decent credit would have a problem with an aprox. 20-25k loan which seems to be roughly half the price of a running example. The Myco alone is worth a good chunk of that. Anyway thats not my concern. If someone wants the boat for that money, how they finance it makes no difference to me. There are plenty of options available to a person with the will to own it. The boat is not officially for sale, I'm just trying to see if it is even worth my effort to try to sell it. If the boat is worth very little or if no one can pay what it is worth I'll just keep it.

post the PICS !
 

OR P.M. ME ,$$$ IN HAND.:rolleyes:

FWIW, there have been a few sold lately, in good running order for under $32k. Considering the fact that you have never had the boat in running condition either ( and I understand your efforts to work on the project as stated above), your preference to sell less any drivetrain, and the current market, I think you may be surprised what it would be worth. My guess would be low to mid teens at best on the trailer.

There is one local here, with fresh 454's, TRS's, new cockpit upholstery, less trailer that can be had for $25k.

I'm sure its not want you probably wanted to hear, but just an honest estimate with all things considered you mentioned above. Really a difficult time right now. With the repo market for boats going crazy, anyone, even with great credit, would be hard pressed to find financing on a 20+ year old boat without power. You could hope for someone with cash or to use their LOC for the purchase.

Best of luck to you. Sounds like it could be one heck of a ride all finished with the power and Kaama's. Their cool. :cool:

Thanks for the input. I could sell the boat with the drives and transmissions but that would up the price considerably. The drives have never been hit or beat up and still have the prop guard on top and the Kaama zinc and all good original Kaama hydraulics. They do need boots however. Although I have never verified it the props were supposedly custom made and pretty expensive. I also have at least 5k into completely rebuilt transmissions (0hrs) with upgraded internals wich was done at an authorized Twin Disc dealer that has experience with this drive package from when it was still in production. Since not many people want these drives and since I have a lot invested in them that would be tough to get out of them I figured I would be better off keeping them. The 540's I am having built only need carbs and pans to finish. If I were to finish the engines and put it all together then I wouldn't sell it.

Just as info. Although the 357 is a great boat I never really had the desire to own one. I bought this one because it seemed like a good deal at the time. As I put more time and money into it and as more time continues to go by I am beginning to think that I should get a boat I really want and put my efforts there instead. That is why I am looking into selling it. I do like it enough however that if I get it all put back together I would enjoy it too much to sell it.

IMO you would be LUCKY to get 10K for the hull and trailer. This is not knowing the year of the trailer. Beleive me I am in the same position as you are. I have put a ton of money into a boat that is not worth near what I have into it. There are Cig hulls out there for in the 30's and less.

The drives are also a tough sell. The boots can not be gotten. So the drives are essentially worthless unless you find some one that took out theirs. People have been talking about having boots made but to date it has been just that. I do not understand why it is so hard to have a boot made and I am sure if some one took the time to go to people that made that sort of stuff that they could get it done but......

The market is totally dry now. No one is buying boats unless they can steal them. This boat for a steal would be well under 10K. I know of a Foutain ICBM that is in good shape, no power, no drives for like 5K. Remember even after you buy the boat you will need insurance. I am finding that getting it for my older formula may be a real problem. Of course that is assuming that I ever finish it! :D

I've been thinking about the boots for quite some time and am convinced I won't have a problem making something acceptable myself when/if the time comes. I agree with you on the drives being a hard sell, that's why I would prefer to keep them. They are worth more to me than what I could get for them. I forget what year the trailer is, but I know it is a lot newer than the boat. The boats insured through State Farm. I've never had a problem with them and they've insured anything I've owned from modified cars and trucks to snowmobiles and this boat. I don't hesitate to recommend them.

I agree saying under 10,000 with trailer, no power or drives, sucks but reality.

you can buya clean running 357 for 25-35,000 these days, if someone was to buy the boat with no power/drives, the cost to rig it would be way too much, even for a do it yourselfer, most people would not tackle it for what you can buy a boat done for.
Financing is not going to happen on that boat easily right noy, especially with all that is going on in the bank world.
I bought my boat and redid the whole drivetrain, new engines, drives, transom stringers, all work done by me and have over 17,000 in that alon, not including cost of boat, I already had the parts too, just a thought.....it adds up fast!

If I were you, fix it up yourself, and use iti, then sell later, you are going to lose money either way, I have yet to see a hull sell lately with no power, unless it is a Apache or Cig, it's a reality.

Hey Brian,
How is the 357 going? Wanted to let you know that there is a market for these boats without power. Just be realistic regarding price. I had the same dilemma when I sold my 1985 F402. I knew what the market for the boat was in complete running condition and I just couldn't justify my investment in the engines going away like that. Also wanted to hang onto the Kaamas as parts are getting scarce. My boat was listed in the first week of January 2007 on OSO. Sold it for $15k asking price in one week. No drives, motors, hydraulic steering, exhaust,etc. It did have a brand new cockpit that was restored to original colors and materials. Hull and imron was in good original condition but the forward deck had typical F402 stress cracking in gel. Cabin was in excellent original condition. I had done extensive rerigging and updating of electrical and mechanical systems. Trailer was a custom Target gooseneck that needed paint but was mechanically sound. In addition to the buyer I had 5 other seriously interested parties that were waiting for this guy to renege on me. Buyer deposited $5k immediately but then hung me up until May. Almost took his deposit to move on to next buyer but gave him a break.
He actually had a great idea for repowering. He bought an insurance salvage boat with cabin fire damage for about $6k. It had 420's with TRS. He literally had everything he needed - Engines, exhaust, trans, drives, steering systems, wire harnesses, etc. The Kaama transom cutouts were inside the TRS cutouts completely. He rigged that boat in 3 weeks and had it running. He bought some Stellings headers on OSO for about $2k a set. In the end he had about $28k into it.
You might be surprised whose out there with cash and a dream.

Still have the boat. Never took any photos or advertised it any where other than this post. I kind of got discouraged with some of the responses in this post. Although I would still like to get rid of the boat I wasn't in any great hurry. The economy hasn't really hurt my income to the point where I need to sell it, I'm just tired of it. I guess I lack the proper motivation. I am in the exact same situation you were regarding keeping the drives/engines/steering. I would also need about the same money, I was thinking 15k no trailer, 18k with trailer. Although it is a big jump in price I think I would need about 25k with drives and trannys(no boots)(I'm not putting it back together either). The drives are still perfect with all bearings and seals replaced and I've got a lot invested in the trannys that haven't been used yet. I would rather keep all the KAAMA stuff and sell the boat for less. Putting in the engines in and selling it complete isn't really an option because once the boat is finished I will keep it. I am just tired of having a project. It won't fit in my driveway and the indoor storage facility isn't really thrilled about letting me do any work there. Thanks for your interest.

:party-smiley-004:1986 357-SR1, mint condition, interior has AC, fridge stereo, wetbar, portopotty, sleeps four. cockpit has 2 bolster seats ( with powerbase) and bench seat in the back with hydrolic engine cover. seats and interior are all multi striped leather, no rips, tears, or FADING. boat has been stored on trailer in garage. Exterior is Black with red and gray stripes, their is no fading or scratches, engines are 2-420hp mercruisers with KAAMA surface drives ,everything works, cockpit gauges have been replaced and electrical has been updated. GPS and depthfinder is included along with dock lines bumpers and everything to go boating. price is $28000 or B.O this boat really turnes heads. 413-237-0259

Not mine or anyone I know but--- Craigslist

Got link?

EDIT: found it
http://westernmass.craigslist.org/boa/1038774065.html

I think that boat in craigslist might be one that was for sale on OSO about 4 or 5 years ago. If it is, it was originally owned by a guy in California. I remember he was looking to have it transported to the east coast when he sold it. It was a nice boat but remember that it only sold in the high $20k's.