Go Back  Offshoreonly.com > Owners Forum > Formula
what's it worth.........357SR1 >

what's it worth.........357SR1

Notices
Formula

what's it worth.........357SR1

Thread Tools
 
Old 07-22-2021, 10:53 AM
  #21  
Platinum Member
Platinum Member
iTrader: (2)
 
TomZ's Avatar
 
Join Date: Feb 2001
Location: Virginia Beach, VA
Posts: 3,980
Received 1,231 Likes on 686 Posts
Default

I just looks big on the trailer is all.
TomZ is offline  
Old 07-22-2021, 11:10 AM
  #22  
Registered
Thread Starter
 
Join Date: Feb 2014
Posts: 829
Received 82 Likes on 34 Posts
Default

It does look big even in person on the trailer. Its the perfect size for my needs. Mostly want to run from Vancouver to Nanaimo on Vancouver Island. The crossing is via a sea and can get rough at times.
Canuck B Crazy is offline  
Old 07-24-2021, 09:05 PM
  #23  
Registered
 
Join Date: Jul 2014
Location: Denton, MD
Posts: 664
Received 104 Likes on 68 Posts
Default

Originally Posted by Canuck B Crazy
Its only 35ft, looks bigger in person. I found a 04 38 Fountain lightning at a price below market. I'm going to see if I can look at that today as an alternative.
It’s big when you have to wax it, trust me. Haha.

I had my 357 in some snotty 3-4 footers the other weekend, we were running 42-48 MPH and didn’t spill my drink.
distantthunder is offline  
Old 07-25-2021, 11:01 AM
  #24  
Registered
Thread Starter
 
Join Date: Feb 2014
Posts: 829
Received 82 Likes on 34 Posts
Default

I really like the 357SR1, but the one I'm looking at needs to come down in price with the work it needs. The 04 Fountain Lightning that I found is priced about $30k below market value retail and is a great deal. Almost too good to pass on.
Canuck B Crazy is offline  
Old 07-25-2021, 11:06 AM
  #25  
Platinum Member
Platinum Member
iTrader: (2)
 
TomZ's Avatar
 
Join Date: Feb 2001
Location: Virginia Beach, VA
Posts: 3,980
Received 1,231 Likes on 686 Posts
Default

Depends on what you want. There’s a pretty big difference in these two boats. If you’re looking at a 04 Lightning, it really doesn’t make sense to be looking at a 357. They’re not even in the same class in terms of performance and build (old vs new). A FasTech is more comparable.
TomZ is offline  
Old 07-25-2021, 06:00 PM
  #26  
Registered
Thread Starter
 
Join Date: Feb 2014
Posts: 829
Received 82 Likes on 34 Posts
Default

The lightning is more money, but priced so low, its a no brainer. Seller is a hockey player and is buying a new one. Wants the old one gone fast.
Canuck B Crazy is offline  
Old 07-30-2021, 11:03 AM
  #27  
Registered
Thread Starter
 
Join Date: Feb 2014
Posts: 829
Received 82 Likes on 34 Posts
Default

The 357 seller got back to me. He's drastically dropped the price because its nearing the end of the season. Now I need to meet with my bank because want both boats and need a new truck too. Its a holiday here Monday, so can't see my bank until Tuesday.
Canuck B Crazy is offline  
Old 08-05-2021, 08:47 AM
  #28  
Registered
 
Join Date: Jun 2018
Location: Burlington Wisconsin
Posts: 622
Received 60 Likes on 45 Posts
Default

Any updates?
Smoke eater is offline  
Old 08-05-2021, 09:57 AM
  #29  
Registered
Thread Starter
 
Join Date: Feb 2014
Posts: 829
Received 82 Likes on 34 Posts
Default

Waiting on surveyor now on the Formula and Fountain. Got the Formula down price wise to a more market price. But its an 89 and needs a survey or it could be a giant paper weight.
Canuck B Crazy is offline  
Old 08-05-2021, 02:20 PM
  #30  
Registered
 
Join Date: Jan 2007
Location: Mansfield, TX
Posts: 6,383
Received 282 Likes on 170 Posts
Default

Buy something newer, you'll be out the same money in the end. There are no free lunches in this sport. Only difference is you will have 1/2 the boating time with the old boat because you'll be spending more time trying to keep it running than enjoying it.

If you want an old boat wait until you find some sucker that spends $50K-100K on his full restoration only to sell it for 1/2 what he put into it.

What's it worth? Whatever the parts are worth less cost to sell, my guestimate is around $40K. But I wouldn't pay that cause its an old boat and I like to boat more than I like to wrench.

Last edited by TexomaPowerboater; 08-05-2021 at 02:25 PM.
TexomaPowerboater is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.