Hugh, I agree on the market - if you watch boattrader you'll see the same boats listed for months at a time. I'm guessing that high gas prices + high insurance rates + the noise gestapo and other eco-weenies are helping to put a bite in the market. I know we've talked about going back to something like the Sunsports from Formula rather than another offshore mostly because of insurance costs and hassle (finding coverage is getting to be a royal pain in the ass...)

Dockrocker

I do watch the boattrader listings every other day as i am looking to go bigger. I am shocked at the rapid depreciation of newer Cigs, Outerlimits, Hustler, and Formulas. I am also appalled at trying to find a good home for my boat in this "buyer's market".

I looked at a 2000 280SS before settling into the 292. The 280 suited the families needs, but not mine. I have to say that I was bitten by the offshore bug when the Bushmills Grand Prix came to Newport Beach in '78. I was able to see the likes of Betty Cook, Nordskog, and Rocky Aoki signing autographs in the pits. I was only 11 and totally stoked! Now that I am established in life, I can afford the pricey toys.

Great Formula for sale... did I mention the phat sound system? Good chatin' with ya.

Hugh

With the very low interest rates you have to realize that the new boats are as easy to own as a used one......

Jon

Audiofn makes a good point as well. Hugh I know first hand about the depreciation on a new boat! Bought a 280 Powerquest new in Feb 2000; thank God it was a leftover 1999 and I got what I believe was a smokin' deal - roughly 35% off MSRP. That way it only cost me ~$6K to sell it two years later... :(

Suffice it to say, I've learned my lesson on new boats. Unless I win the lottery or plan to keep the boat forever, it's going to be used boats from now on....

Pool Whore -

Is that a 357? What year? Sorry not wanting to buy (I have an '85 357) just curious as I am planning on painting mine all white also.

Thanks

bdford, I think that is an older 292/311 looks short in the ass end?

MFB357

It's a 1989 292 completely gone through in 2001. I love the boat, but need to go larger to negociate the afternoon windswell of the Pacific Ocean.

Here is a shot of the modernized dash.

Hugh

Looks great! I like it in all white. I think I'm going to have to do the same thing to mine.

SOLD:( :confused: :) Time to start shopping.

Congrats on the sale. Is there an OL in your future?