Unique 2000 382 coming to the market - pricing?
 

Some of you may know my 2000 382 from various posts in the past. We are the original owners, and had it custom-built with the 600hp Innovation/Volvo power package (it still sports that setup). Engines are at 640 hours, with new valve springs installed at 350 hours (none were broken; just preventative maintenance). Both still start and run flawlessly. The boat was set up for weekend cruising, with generator, A/C, hot water and full camper canvas. Stored indoors for 14 years, we have just had the entire upper wet-sanded, buffed and polished. Hullsides and bottom are Imron. There are some minor signs of age, but overall, the boat is in exceptional condition for a 17-year-old vessel and documented in a 2017 survey. Cabin headliner and hull/deck issues have been resolved with factory help, and other upholstery items replaced as needed. We completely gutted and re-rigged the boat in 2007/8; the detailed thread is still here on OSO. We have no issues with the boat, but we are ready to move to the 400 SuperSport that we have always wanted.

Also included with the boat is as follows:

1. Full mooring cover.
2. Cockpit cover.
3. Cabin TV upgraded to flatscreen/DVD
4. Garmin 4212 chartplotter in custom enclosure.
5. Custom CORSA mufflers to replace the Silent Thunder box.
6. 8 custom dock lines (four 20' and four 30'), four large fenders, two anchor setups (one Fortress, one lightweight plow)
7. Comprehensive logbook, all service records, upgrade records, parts listing and original owners manuals.
8. Spare set of props and prop nuts ($1900)
9. Miscellaneous engine spares: fuel pump, cap, rotor, etc.
10. 2017 TnT tri-axle aluminum trailer with discs on all six wheels, alloy wheels and spare wheel/hub.
11. Used (400 hour) DPX drive/minor flake in one upper gear.
12. Used (300 hour) DPX drive with chipped lower pinion.
13. Two BRAND-NEW DPX drives with break-in hours only; in original boxes. ($28,000)
14. Used, complete DPX transom assembly in excellent shape.
15. Various drive spares, mostly small parts.

Here's the question - asking price. These are the various options I am considering:

1. As-is on trailer, no spares.
2. As-is on trailer with all spares, maybe new valve springs installed.
3. With engines pulled serviced by Innovation, probably all new valve train parts.
4. With engines pulled, serviced and upgraded by Innovation to AFR heads and roughly 660 hp. (My plan if I keep it.)

Thoughts????

Thanks, Gang!

Good luck with sale, its a beautiful boat very classy.

Good luck with the sale Chuck, going to a great boat for the person that buys it.

$500k!!!! :d

Personally I don't think your "spares" package should be priced with the boat. I would make the ad for the boat, and say you can provide all maintenance records along with it. After the boat sells, I would give the buyer the option to buy the spares, or sell them separately if the buyer doesn't want them. No buyer is going to pay for the spares and when you do this, you just about give them away with whatever item you are selling. That's just my .02 from selling a lot of things.

Hi Chuck,

Never thought I would see the day that you would consider letting go of your 382. She is definitely one Rare Bird. If anyone has ever seen this boat, you would know that it is better than any boat that left the Formula factory, with everything that has been done to this.

A knowledgeable buyer would certainly jump at the chance IMO, to get all the spares with the boat, simply due to the fact they are no longer made, and supply limited.

Good luck with figuring your pricing and the sale. And Hi to Diane from Yvonne and I.

I'd have the new valvesprings installed so you can sell it as needing nothing and the next buyer doesn't need to do any maintenance right off the bat. I doubt you'd get your money back for options 3 + 4.

I too had a bunch of spares when I sold my 382. It was not in this mint of condition.......but it was in VERY good shape. I listed the boat without spares then sold them to the boat buyer seperately. He got a better deal than I would have given selling seperately but everything was gone in one easy transaction. I also suggest making any known repairs (springs) done so that the boat is turn-key for the buyer. It would cost you more in "discounts" than it will to do/have the work done.


.....and what are you going to ask for the boat???????

Sold. I accept PayPal.

To build the equivalent boat now, with Ilmor 570s and IMCO's would run $615k MSRP / $461k Formula Direct.

Good input, guys - thanks. Thinking it over, I guess my first stab would be as follows:

1. On trailer, new valve springs and existing drives, no spares: $80k
2. On trailer, new valve springs, existing drives and two used spare drives: $85k
3. On trailer, new valve springs and brand new drives, no spares: $95k
4. On trailer, new valve springs and all spares: $105k

It might be tough for people to absorb the thought of over 100k for a 2000, but the spares package is awesome. You won't find two new DPX's anywhere else, and they're good for 8-10 years of boating, easy. I would very strongly discourage anyone from buying the boat without any spares. While I have faith that the current drives are in good shape (they were just inspected and pressure-tested), if you do break one and I have sold the other four that I have, you'd been in some real butt-hurt.

I think option 2 is going to appeal to a much larger market base than 4. But your call. These boats already have a limited market (weather we want to admit that or not) and putting it into a even slimmer market will make it harder to sell. Also, see what it books for, because all your non cash buyers can't finance spare parts with their banks.

Curious since I don't remember, nor have a point of reference for a boat propped like yours.....whats the cruising and WOT speeds?

You asked for opinion on price, right? Many 2000 nice 382 are or were listed for or around 65k... i ve looked at them long enough to know! Some were higher but the ones selling were the low 60k boats
now i know yours repainted a more modern look, and you got 600 hp. How much more is it worth? Very good question! I would hope 80 like you do, but thinking the ones listed low 60k sold probably for 55-60
my guess is you will have buyers around 65 max 70
but that is just my guess and if it was my boat i would also hope for 80! Time will tell... good luck selling !

Damn I wish I wasn't broke

Beautiful boat good luck.