What's it worth?
#1
Thread Starter
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Joined: Apr 2005
Posts: 263
Likes: 3
From: Cape Coral, FL
2000/353 Fastech w/500 EFIs, CMI Exhaust, Latham Steering, McLeod Interior with power seats and footrests.
Relatively clean boat, but the catch is the motors have 650 hours. Both motors are tired and need to be refreshed.
Question is: pay to have motors pulled and rebuilt @ 10-15K or sell the boat "as is" at an acceptable loss?
Any suggestions and what price this boat will bring with the motor issues in mind.
Thanks for your input.
Relatively clean boat, but the catch is the motors have 650 hours. Both motors are tired and need to be refreshed.
Question is: pay to have motors pulled and rebuilt @ 10-15K or sell the boat "as is" at an acceptable loss?
Any suggestions and what price this boat will bring with the motor issues in mind.
Thanks for your input.
Last edited by US MUSL; 12-11-2009 at 08:52 PM.
#2
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Joined: Jul 2005
Posts: 570
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From: CT
I don't want to speculate what it will bring 'as-is'. Someone more in the 'know' can do that. However I don't feel you will make back what you would have to spend pulling and rebuilding those motors.....especially in this market.
Price it aggressively and let the new owner freshen them up.
Price it aggressively and let the new owner freshen them up.
#3
I don't want to speculate what it will bring 'as-is'. Someone more in the 'know' can do that. However I don't feel you will make back what you would have to spend pulling and rebuilding those motors.....especially in this market.
Price it aggressively and let the new owner freshen them up.
Price it aggressively and let the new owner freshen them up.
Value.....Probably less than you think. If the motors were in need of nothing it might list for $75K, hoping to get $65K. As is, I'd take $50K without hesitation.
FYI: I have a 2002 382 with <100 hour 540's (built 500EFI's)with every option available. Sits on a nearly new trailer, runs over 80 anyday and is in mint condition.....can't get a bite at $99K
#4
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Joined: Jan 2009
Posts: 65
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From: Bronston, KY
I agree, price the boat aggressively and let the new owner determine how he wants to handle the re-fresh project. Keep in mind that a portion of your audience may be able to rig the engines themselves or do a portion of the work that may reduce their cost. I also agree that you must be realistic about what "aggressive" relates to in todays boat market. The market is really slow right now.




