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badmonkey 10-26-2016 05:56 AM

May sell it....
 
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Thinking of moving onto the next....

t500hps 10-26-2016 06:54 AM

WTF??? I vaguely remembered what you went through last year and just went back to skim that thread. After making it "perfect" now you might sell it?

badmonkey 10-26-2016 07:01 AM

I'm itching ....lol. She is perfect.

phragle 10-26-2016 07:27 AM

:faint2::eek:

Rattlesnake Jake 10-26-2016 07:32 AM


Originally Posted by badmonkey (Post 4494513)
I'm itching ....lol. She is perfect.

Don't get any better than "perfect"..

badmonkey 10-26-2016 07:56 AM


Originally Posted by Rattlesnake Jake (Post 4494520)
Don't get any better than "perfect"..

There's not another like it in the nation that's for sure...You'd have to buy a brand new one to duplicate it.....and it still won't be this nice. :ernaehrung004:

rak rua 10-26-2016 08:12 AM

Sell it back to Formula boats, they can pull it apart, examine it thoroughly and learn how to build their 2017 models. :)

Serious note, I'd link your other thread here so if someone is interested, they can see the whole story and understand why this boat is more than just 'another fastech'. (Most people know about your boat but there's always new members and buyers coming online)

RR

badmonkey 10-26-2016 08:20 AM

http://www.offshoreonly.com/forums/f...r-chillin.html

As per recommendation from RR... This link will tell you the story of this boat...also check forum for all the threads by AXAPowell who was the previous owner...boat has history and has never had anything but the best...

08 fastech 292 10-26-2016 10:16 AM

Very tempting.

t500hps 10-26-2016 11:29 AM


Originally Posted by 08 fastech 292 (Post 4494565)
Very tempting.

yeah, but what's the price going to be???? :fear:

(I remember it had built motors but can't remember the details of those either)

CBlakeNS 10-26-2016 12:13 PM

I have some choice words for this but I will keep them to myself.

t500hps 10-26-2016 12:17 PM


Originally Posted by CBlakeNS (Post 4494613)
I have some choice words for this but I will keep them to myself.

WHAT? :poopoo: Do you like farting in an elevator, then look at everyone else like "they" did it, and leave? :479:

SB 10-26-2016 12:24 PM

I know how the boat feels......you change for someone and they dump you.

So...stay true to yourself.

Hah !

Poor boat. LOL.

badmonkey 10-26-2016 06:49 PM

Boat will be fine....I on the other hand have to fill an itch.....

phragle 10-26-2016 07:48 PM


Originally Posted by badmonkey (Post 4494745)
Boat will be fine....I on the other hand have to fill an itch.....

Have you considered keeping the boat and buying some Gold Bond Medicated powder??

CBlakeNS 10-26-2016 08:13 PM

I see a trend going. Bought scarab, made it all nice clean and pretty, sold. Bought formula, did extensive repairs, made it all nice clean and pretty, selling. I am glad your woman keeps your satisfied!

Rattlesnake Jake 10-27-2016 05:27 AM


Originally Posted by badmonkey (Post 4494745)
Boat will be fine....I on the other hand have to fill an itch.....

CAT scratch fever????

Splitdecision271 10-27-2016 07:10 AM

No doubt there is someone out there that will take it off our hands. It just may not go as fast as you'd want or like even though its been fully repaired and done over. Its so far from looking like a Formula that it might scare some buyers off.

Mentalpause 10-27-2016 08:51 AM


Originally Posted by Splitdecision271 (Post 4494861)
No doubt there is someone out there that will take it off our hands. It just may not go as fast as you'd want or like even though its been fully repaired and done over. Its so far from looking like a Formula that it might scare some buyers off.

+1, exactly what I was thinking. I can just hear someone saying stock power, no, deduct value. Formula paint job, no, deduct value. It's too bad, but it happens all the time.

Knot 4 Me 10-27-2016 09:55 AM

There's an azz for every seat. I actually like the fact it doesn't look like the handful of schemes Formula offered.

t500hps 10-27-2016 12:03 PM


Originally Posted by Splitdecision271 (Post 4494861)
No doubt there is someone out there that will take it off our hands. It just may not go as fast as you'd want or like even though its been fully repaired and done over. Its so far from looking like a Formula that it might scare some buyers off.


Originally Posted by Mentalpause (Post 4494894)
+1, exactly what I was thinking. I can just hear someone saying stock power, no, deduct value. Formula paint job, no, deduct value. It's too bad, but it happens all the time.


Originally Posted by Knot 4 Me (Post 4494917)
There's an azz for every seat. I actually like the fact it doesn't look like the handful of schemes Formula offered.

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.

phragle 10-27-2016 12:42 PM


Originally Posted by Mentalpause (Post 4494894)
+1, exactly what I was thinking. I can just hear someone saying stock power, no, deduct value. Formula paint job, no, deduct value. It's too bad, but it happens all the time.

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....

badmonkey 10-27-2016 01:02 PM


Originally Posted by t500hps (Post 4494961)
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.

Let's just say I'm not giving it away. It's very difficult to price a boat such as this. It's not typical. It needs a buyer that wants this boat. I'm aware of the market and will certainly sell it accordingly....of course the upgrades, updates will effect it's price. My motivation to sell it will certainly be enhanced once I found the next boat I want or a motivated buyer for mine. As Phragle mentioned it's now a timeless Fastech. I know there's nothing else like it out there. It will need a special buyer for sure.

boatnt 10-27-2016 01:21 PM

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)

t500hps 10-27-2016 02:28 PM


Originally Posted by boatnt (Post 4494988)
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)


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.

distantthunder 10-27-2016 07:49 PM

This is madness.....

Audiofn 11-05-2016 07:43 AM

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.



Originally Posted by boatnt (Post 4494988)
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)


boatnt 11-05-2016 08:32 AM


Originally Posted by Audiofn (Post 4497759)
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 never said anyone took any short cuts or the repairs were cheap half assed repairs, been there done that so I know how expensive it gets.

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,

boatnt 11-05-2016 08:56 AM


Originally Posted by Audiofn (Post 4497759)
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 guess a example would be ,I work in the automobile business and at times we get a car in that needs a frame replaced so while we are replacing the frame we find other items that need attention that we repair as well because were already there,shocks,brakes,etc,,but when the car is done ( we believe its now better than when the factory put it together )if that car goes up for sale it sells for less than one that did not need all those repairs, because most buyers would rather buy one that did not need a frame replacement,,,so once they have a copy of a Carfax which we provide for them than the price/value drops

Crude Intentions 11-05-2016 04:41 PM

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.

Audiofn 11-05-2016 09:56 PM

Boatnt: I guess I see this different. There have been a number of known failures in the 99 and other model years. There are our two boats and also issues with race boats and a few others that I have heard from as I went through all this. So the way I am looking at this if you want a 99 there are the ones that had this repair and then ones that have not and are likely going to need it. Who knows when or if Formula has addressed this issue in manufacturing. As a buyer knowing the repair was not only done but done correctly and documented would sure put me at ease instead of wondering if the boat you are about to drop many thousands of dollars on needs a 20K repair.

rak rua 11-05-2016 10:06 PM

The issue on Formula boats around that time is not going away. It will gradually get more widely known and I suspect there are many more cases out there that need attention. There's probably some out there that have had a patch up repair and may be on the market now with no way of telling what lies beneath the surface.

Your two boats are just two cases we know about and have been fixed properly.

Buyers are like wives..... Always tell them freely and frankly, anything they could easily find out some other way!

RR

t500hps 12-12-2016 08:08 PM

Dug this up.......saw you hauling north through Richmond today when I went out for lunch.......passing at 120 (each of us running 60) didn't let me see much in the rain but it looked good!!!!

CBlakeNS 12-13-2016 08:28 AM

That was him hauling back from Toys for Tots run in Florida.



Originally Posted by t500hps (Post 4509069)
Dug this up.......saw you hauling north through Richmond today when I went out for lunch.......passing at 120 (each of us running 60) didn't let me see much in the rain but it looked good!!!!


[email protected] 12-13-2016 11:46 AM

Seen the boat in person at Toys for Tots.. Boat is exceptional! Makes me want to start spending money on my 353! Shes a Beauty Chris!

t500hps 12-13-2016 12:28 PM


Originally Posted by CBlakeNS (Post 4509179)
That was him hauling back from Toys for Tots run in Florida.

I figured that had to be where he had been.

badmonkey 12-13-2016 12:44 PM


Originally Posted by [email protected] (Post 4509232)
Seen the boat in person at Toys for Tots.. Boat is exceptional! Makes me want to start spending money on my 353! Shes a Beauty Chris!

Mike, Thanks brother for the kind words. See you soon. Merry Christmas to you, your family and all the gang at Lake Norman.

Splitdecision271 12-14-2016 07:41 AM

FOONJ towed back from SWFL on the 3rd after spending 11 days boating down there. We had to have passed each other and didn't even know it.

badmonkey 12-14-2016 07:48 PM


Originally Posted by Splitdecision271 (Post 4509498)
FOONJ towed back from SWFL on the 3rd after spending 11 days boating down there. We had to have passed each other and didn't even know it.

Split, You guys went back down again this year?...very cool. Wish we would had been able to spend more time down there.....Hopefully we get to see you all this Spring for the Chesapeake NON-EVENT.


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