Value of 1999 382
11-05-2004, 03:39 PM
#1
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Value of 1999 382
I've been surprised to learn that the trade-in/wholesale value of my pristine 382 w/HP500EFI's is less than $100K.
I've gotten this from 2 different dealers on 2 different brands of boats (Whaler and Pursuit), both of whom will give me more than 20% off list on a new, 2005 boat, but less than 100 for my Formula.
I see this boat advertised for anywhere from $145 to $170, so I figured it might be worth $125 as a trade.
Nope.
What do you guys think?
Hey, Robert!
I've gotten this from 2 different dealers on 2 different brands of boats (Whaler and Pursuit), both of whom will give me more than 20% off list on a new, 2005 boat, but less than 100 for my Formula.
I see this boat advertised for anywhere from $145 to $170, so I figured it might be worth $125 as a trade.
Nope.
What do you guys think?
Hey, Robert!
11-05-2004, 04:42 PM
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Re: Value of 1999 382
I'd try to sell it privately before I took a bath from the dealers. Boats, trucks, it doesn't matter, the dealers want to do nothing but screw us.
I would not accept 100K as a trade in amount.
I would not accept 100K as a trade in amount.
11-05-2004, 04:48 PM
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Re: Value of 1999 382
125K ? not at 20% + off on new. not right now. 
They've got to be able to price the Formula to move in a depressed market going into winter, and make a profit on the deal. Not to mention protecting themselves in terms of taking a trade on the 382. They don't want to sit on the 382, that's for sure.
Now is a time to buy clean not trade.
can you sell it outright for 125K ?
Advertised prices mean the least right now of anytime.
What are boats such as yours actually changing hands for in the clean deal market?
They've got to be able to price the Formula to move in a depressed market going into winter, and make a profit on the deal. Not to mention protecting themselves in terms of taking a trade on the 382. They don't want to sit on the 382, that's for sure.
Now is a time to buy clean not trade.
can you sell it outright for 125K ?
Advertised prices mean the least right now of anytime.
What are boats such as yours actually changing hands for in the clean deal market?
11-05-2004, 05:16 PM
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Re: Value of 1999 382
Originally Posted by Rippem
125K ? not at 20% + off on new. not right now.
They've got to be able to price the Formula to move in a depressed market going into winter, and make a profit on the deal. Not to mention protecting themselves in terms of taking a trade on the 382. They don't want to sit on the 382, that's for sure.
Now is a time to buy clean not trade.
can you sell it outright for 125K ?
Advertised prices mean the least right now of anytime.
What are boats such as yours actually changing hands for in the clean deal market?
They've got to be able to price the Formula to move in a depressed market going into winter, and make a profit on the deal. Not to mention protecting themselves in terms of taking a trade on the 382. They don't want to sit on the 382, that's for sure.
Now is a time to buy clean not trade.
can you sell it outright for 125K ?
Advertised prices mean the least right now of anytime.
What are boats such as yours actually changing hands for in the clean deal market?
I have no idea what they're ACTUALLY changing hands for. Part of the reason for my question.
11-06-2004, 02:36 PM
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Re: Value of 1999 382
Originally Posted by Live Wire II
Doesn't sound quite right, as I was offered 100,000 on a trade for a new 353, for my 2003 292. Didn't make the deal as of yet.
But how much of a discount in the 353?
11-06-2004, 03:17 PM
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Re: Value of 1999 382
exactly, it's really all about trade difference to compare deal to deal when trading. The numbers on your trade can be dressed a half a dozen ways for various purposes. 
I only do business one way on cars, trucks, boats, and that is a no trade representation of the numbers. I've always been fortunate to do business with those who will give you the straight poop the first time...no bull**** runaround. I buy at cost or a little over, give me a wholesale kind of # for my trade, dress the numbers however necessary for the lender. Saves alot of time and backfiguring.
I only do business one way on cars, trucks, boats, and that is a no trade representation of the numbers. I've always been fortunate to do business with those who will give you the straight poop the first time...no bull**** runaround. I buy at cost or a little over, give me a wholesale kind of # for my trade, dress the numbers however necessary for the lender. Saves alot of time and backfiguring.
11-09-2004, 05:54 AM
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Re: Value of 1999 382
Apache,
Part of the issue with low trade-in values you're receiving is where you're trying to trade. Whaler??? Pursuit???? Are you sure these "fish bote" guys even want your go-faster? That's certainly not the kind of dealer where you're going to get top dollar for your boat.
I think you need to sell outright.
Part of the issue with low trade-in values you're receiving is where you're trying to trade. Whaler??? Pursuit???? Are you sure these "fish bote" guys even want your go-faster? That's certainly not the kind of dealer where you're going to get top dollar for your boat.
I think you need to sell outright.
