May sell it....
#21
So Badmonkey. Any idea what you'd sell it for? I get the impression right now it's for sale only if someone throws enough money at you.
#22
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Joined: Apr 2006
Posts: 10,041
Likes: 712
From: Toledo Oh
True it's not a formula paint job but at the same time it's a pretty classic timeless paint job. It's not spectral vomit, the colors aren't trendy it's not a design that is going to look dated next month....
#23
Ditto. My old 382 had a Formula paint job but in a rarely used pattern I that I have yet to see in the same colors......EVER! I also had built 500's into high compression 540's. It sold to the first person that came to see it (although I had it priced "right")
So Badmonkey. Any idea what you'd sell it for? I get the impression right now it's for sale only if someone throws enough money at you.
So Badmonkey. Any idea what you'd sell it for? I get the impression right now it's for sale only if someone throws enough money at you.
#24
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Joined: Jan 2005
Posts: 4,824
Likes: 377
From: IL
I buy boats that I love and will hold on for ever and always up date them and take no short cuts, but a couple of years down the road I am ready for the next one,,
all you can do is price it accordingly and wait for a educated buyer to come around and buy it,,
A couple of things I have learned over the years,
1st, options and add ons do not really add much value but help you sell it faster that one that does not have all those options,
2nd , work as much as possible with the first serious buyer because you never know when another buyer may come around.
personally I would erase the structural repair thread,,I know a quality guy with a good reputation did the repairs on the boat, I certainly would not lie or hide the fact the boat had repairs done and would discuss it with the buyer if asked,but it might scare a lot of buyers off,
just my 2 cents,(I know you did not ask for them,,lol)
all you can do is price it accordingly and wait for a educated buyer to come around and buy it,,
A couple of things I have learned over the years,
1st, options and add ons do not really add much value but help you sell it faster that one that does not have all those options,
2nd , work as much as possible with the first serious buyer because you never know when another buyer may come around.
personally I would erase the structural repair thread,,I know a quality guy with a good reputation did the repairs on the boat, I certainly would not lie or hide the fact the boat had repairs done and would discuss it with the buyer if asked,but it might scare a lot of buyers off,
just my 2 cents,(I know you did not ask for them,,lol)
#25
I buy boats that I love and will hold on for ever and always up date them and take no short cuts, but a couple of years down the road I am ready for the next one,,
all you can do is price it accordingly and wait for a educated buyer to come around and buy it,,
A couple of things I have learned over the years,
1st, options and add ons do not really add much value but help you sell it faster that one that does not have all those options,
2nd , work as much as possible with the first serious buyer because you never know when another buyer may come around.
personally I would erase the structural repair thread,,I know a quality guy with a good reputation did the repairs on the boat, I certainly would not lie or hide the fact the boat had repairs done and would discuss it with the buyer if asked,but it might scare a lot of buyers off,
just my 2 cents,(I know you did not ask for them,,lol)
all you can do is price it accordingly and wait for a educated buyer to come around and buy it,,
A couple of things I have learned over the years,
1st, options and add ons do not really add much value but help you sell it faster that one that does not have all those options,
2nd , work as much as possible with the first serious buyer because you never know when another buyer may come around.
personally I would erase the structural repair thread,,I know a quality guy with a good reputation did the repairs on the boat, I certainly would not lie or hide the fact the boat had repairs done and would discuss it with the buyer if asked,but it might scare a lot of buyers off,
just my 2 cents,(I know you did not ask for them,,lol)
15 years ago I would buy express cruisers purely to use while trying to re-sell. My experience is that his 1st, and 2nd points are spot on.
#27
We both talked about our threads effecting the value of our boats due to the threads. IMO it should make the new buyer more at ease that they will NOT have to go through what we went through. These were not cheap half assed repairs. We spent in excess of 10 grand doing these repairs to make sure they were done correctly. That does not include the costs to remove motors, replace motors, rewire, make other "may as well" repairs and so on. In my case it was new transom assemblies, new engine bay lighting going in, new vent hoses, new bilge pumps, new many other things. The way we did our repairs should put out boats at the top of anyones want lists because of the repairs. For me it is a plus plus plus.
I buy boats that I love and will hold on for ever and always up date them and take no short cuts, but a couple of years down the road I am ready for the next one,,
all you can do is price it accordingly and wait for a educated buyer to come around and buy it,,
A couple of things I have learned over the years,
1st, options and add ons do not really add much value but help you sell it faster that one that does not have all those options,
2nd , work as much as possible with the first serious buyer because you never know when another buyer may come around.
personally I would erase the structural repair thread,,I know a quality guy with a good reputation did the repairs on the boat, I certainly would not lie or hide the fact the boat had repairs done and would discuss it with the buyer if asked,but it might scare a lot of buyers off,
just my 2 cents,(I know you did not ask for them,,lol)
all you can do is price it accordingly and wait for a educated buyer to come around and buy it,,
A couple of things I have learned over the years,
1st, options and add ons do not really add much value but help you sell it faster that one that does not have all those options,
2nd , work as much as possible with the first serious buyer because you never know when another buyer may come around.
personally I would erase the structural repair thread,,I know a quality guy with a good reputation did the repairs on the boat, I certainly would not lie or hide the fact the boat had repairs done and would discuss it with the buyer if asked,but it might scare a lot of buyers off,
just my 2 cents,(I know you did not ask for them,,lol)
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#28
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Joined: Jan 2005
Posts: 4,824
Likes: 377
From: IL
We both talked about our threads effecting the value of our boats due to the threads. IMO it should make the new buyer more at ease that they will NOT have to go through what we went through. These were not cheap half assed repairs. We spent in excess of 10 grand doing these repairs to make sure they were done correctly. That does not include the costs to remove motors, replace motors, rewire, make other "may as well" repairs and so on. In my case it was new transom assemblies, new engine bay lighting going in, new vent hoses, new bilge pumps, new many other things. The way we did our repairs should put out boats at the top of anyones want lists because of the repairs. For me it is a plus plus plus.
My point is this, when people buy a boat made by a manufacture like Formula they expect a quality build boat from the factory ,but some buyers may walk away from a boat once they find out the boat needed to be cut apart to get these major structural repairs done, because in their mind they might question the integrity of the rest of the boat ,
again this is just my opinion,not saying anything bad about the boat or the repairs that were performed on the boat,
#29
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Joined: Jan 2005
Posts: 4,824
Likes: 377
From: IL
We both talked about our threads effecting the value of our boats due to the threads. IMO it should make the new buyer more at ease that they will NOT have to go through what we went through. These were not cheap half assed repairs. We spent in excess of 10 grand doing these repairs to make sure they were done correctly. That does not include the costs to remove motors, replace motors, rewire, make other "may as well" repairs and so on. In my case it was new transom assemblies, new engine bay lighting going in, new vent hoses, new bilge pumps, new many other things. The way we did our repairs should put out boats at the top of anyones want lists because of the repairs. For me it is a plus plus plus.
#30
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Joined: Mar 2012
Posts: 4,189
Likes: 55
From: Cape coral, FL
Agree in part but since this is becoming a known issue with these boats potential buyers will see its been repaired and done right. I would take that over one that hasn't been. I look at it much like if you were buying any boat and the seller showed documentation of a recent transom and everything else. That would put your mind at ease much more than a 25-30 year old boat that has never been done. I would think.



