Like Tree0Likes

What is this boat worth

Reply
Old 07-04-2005, 01:39 PM
  #1
Registered
Thread Starter
 
dean51267's Avatar
 
Join Date: Jan 2005
Location: Paducah, KY
My Boats: 93 Profile, 31', twins
Posts: 4,601
Default What is this boat worth

just curious,

1993 profile, twin 454's (2 years old) new interior, paint, everything works and runs great, the boat has basically been redone completely in the past 12 months with exception of the cuddy, which is in better than average, but not perfect, condition. Killer paint job, just back from the shop (4/05), runs low 60's all day, stock power, stainless three blade props...

Estimate of paint job value is $15,000.

Cockpit needs a little work to be 100%, mostly small cracks in jel coat. new canvas top, and cockpit cover.

Tri-axel trailer.

All records and receipts are in my possession.


Boat is not for sale, just looking for a valuation....


(sorry for no pics, they are all to large to load)

Last edited by dean51267; 02-11-2006 at 04:31 PM. Reason: clairification
dean51267 is offline  
Reply With Quote
Old 02-11-2006, 02:26 PM
  #2
Registered
 
Join Date: Apr 2005
Posts: 881
Default Re: What is this boat worth

Just curious, but is this the same boat that was repainted again last fall? The one with all the problems?
pasquesi is offline  
Reply With Quote
Old 02-11-2006, 04:29 PM
  #3
Registered
Thread Starter
 
dean51267's Avatar
 
Join Date: Jan 2005
Location: Paducah, KY
My Boats: 93 Profile, 31', twins
Posts: 4,601
Default Re: What is this boat worth

Quote:
Originally Posted by pasquesi
Just curious, but is this the same boat that was repainted again last fall? The one with all the problems?

Yes, HAD all the problems, they have been fixed this year, problems were from October 04 to April 05. 2006 appraisal at $75000 (made since orginal post).

No problems now, all it takes to get rid of them is compident guys and a TRUCK load of money.

It has become one of those projects you spend more on than it is worth, but it is mine, and I want it to be super slick, so we spend the money......

Having new pretty stuff put in it now, engine compartment should be a real looked when done.
dean51267 is offline  
Reply With Quote
Old 02-11-2006, 04:39 PM
  #4
Registered
 
Join Date: Aug 2004
Location: Paducah KY KY Lake
My Boats: 39 Lip-Ship Cigarette 700 Zuls
Posts: 3,811
Default Re: What is this boat worth

Quote:
Originally Posted by dean51267
Yes, HAD all the problems, they have been fixed this year, problems were from October 04 to April 05. 2006 appraisal at $75000 (made since orginal post).

No problems now, all it takes to get rid of them is compident guys and a TRUCK load of money.

It has become one of those projects you spend more on than it is worth, but it is mine, and I want it to be super slick, so we spend the money......

Having new pretty stuff put in it now, engine compartment should be a real looked when done.
Dean you can have any boat you want... why are you sinking a trash can full of money in something you will never re-coop from? not to bust your balls but your the financial adviser right?
customryder is offline  
Reply With Quote
Old 02-11-2006, 04:46 PM
  #5
Registered
Thread Starter
 
dean51267's Avatar
 
Join Date: Jan 2005
Location: Paducah, KY
My Boats: 93 Profile, 31', twins
Posts: 4,601
Default Re: What is this boat worth

Quote:
Originally Posted by customryder
Dean you can have any boat you want... why are you sinking a trash can full of money in something you will never re-coop from? not to bust your balls but your the financial adviser right?

I know, I know.........

Holding off till I can afford that Donzi of yours....... will upgrade to briggs no less......
dean51267 is offline  
Reply With Quote
Old 02-11-2006, 04:47 PM
  #6
Registered
Thread Starter
 
dean51267's Avatar
 
Join Date: Jan 2005
Location: Paducah, KY
My Boats: 93 Profile, 31', twins
Posts: 4,601
Default Re: What is this boat worth

Quote:
Originally Posted by customryder
Dean you can have any boat you want... why are you sinking a trash can full of money in something you will never re-coop from? not to bust your balls but your the financial adviser right?

just thought of something............

I want YOURS.... will be by to get it in a couple of hours, okay?
dean51267 is offline  
Reply With Quote
Old 02-11-2006, 04:48 PM
  #7
Registered
 
375stinger's Avatar
 
Join Date: Aug 2004
Location: louisville, kentucky
My Boats: 1990 42' cigarette revolution tri 850, 1984 18' checkmate 235 evinrude
Posts: 1,560
Default Re: What is this boat worth

did you ever say the size of it? i say strap urself some blowers on and be done with it
375stinger is offline  
Reply With Quote
Old 02-11-2006, 08:19 PM
  #8
VIP Member
VIP Member
 
OldSchool's Avatar
 
Join Date: Dec 2001
Location: Florida
My Boats: Cigarette CC and Boston Whaler currently
Posts: 10,093
Default Re: What is this boat worth

25-40K max ...depending on what kind of shape it's in
__________________
I can't talk about it right now, it's being handled by the Postal Inspector. Those guys don't mess around!
OldSchool is offline  
Reply With Quote
Old 02-11-2006, 09:29 PM
  #9
Registered
 
Join Date: Oct 2000
Posts: 1,238
Default Re: What is this boat worth

This should help...right the ABOS book

Vehicle Lookup
Make Profile Boats
ModelYear 1993
Model Profile 31
Draft 22"
Boat Type Sports Runabout
Net Weight inc. engine 6200
Horsepower 300
Hull Material Fiberglass
Hull Length 30 ft 0 in
Beam width 8 ft 0 in
Engine IO
Original MSRP 64,400.00
Low Trade-in 17,710.00
High Trade-in 22,540.00
Retail Price 27,600.00
enticer is offline  
Reply With Quote
Old 02-12-2006, 07:46 AM
  #10
Registered
Trade Score: (4)
 
Join Date: Oct 2002
Location: Bowling Green, Kentucky
My Boats: DCB F-32
Posts: 1,860
Default Re: What is this boat worth

Dean,
Jeff's right about being careful not to put too much money in your boat. I'm one that's usually real frugal when it comes to my boats. I have always bought used in the winter and shopped for a bargain. I have always made money until my last boat that I made the motors to 650hp. Changing hp will cost much more than you think if your going to do it right. On my 28 daytona, I started out thinking prochargers, then I thought small roots. Anyway when I was done it took a lot of my time and cost about 26K.....Which is a lot of crowns for a Dentist. I got the boat right but when you add the 26K there's no way to get it back. I was very, very, lucky when I went to trade that the buyer was willing to pay nearly 20K over high retail. If you look at NADA values which all banks and insuance companies use like in the previous post you can see the discrepancy of what your boat is worth and what the market is willing to pay(loan approvals).
One of the Lake Cumberland guys has a 42 foot Fountain that has some first class Chief motors in it that he can't sell due to what he's got in it. He's gonna pull those motors and put in some stockers just so he can get rid of it.
With that said, I know that I along with many others on this board are junkies that need their new boat fix. I know that really it's all about being happy with what you have. But I'm an addict. I can't afford to put a whole lot of money into a boat or I will lose, something I'm not willing to do. Be honest with yourself, and ask am I going to be happy with this boat for a while(years.) If your going to be, then go for it. The national stats. say something like owners only keep their boats about a year after they repower. I know how you feel about your boat and the satisfaction that it gives you but be careful.
SkiDoc is offline  
Reply With Quote
Reply

Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Bo Knows
General Boating Discussion
16
04-29-2012 07:48 PM
dean51267
General Boating Discussion
10
04-02-2005 07:27 AM
Smitty
Baja
14
02-13-2004 08:23 PM
Smitty
General Boating Discussion
10
03-05-2003 09:07 PM
thumper
General Boating Discussion
1
09-30-2002 07:56 AM



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



All times are GMT -5. The time now is 11:23 PM.


Copyright 2011 OffShoreOnly. All rights reserved.