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Do Cigs have superior resale value?

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Old 03-14-2006, 12:05 AM
  #11
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Default Re: Do Cigs have superior resale value?

You could buy a new Topgun in 02 for 240- 250ish. Four years later, they seem to be bringing 200-220 ish. In 04, a new Topgun was around 305- 315 ish, and today, the right one will bring up to 275 ish. That is incredible resale value if you ask me. As far as Gladiators, it all depends on the boats.There were alot of updates and configurations on these boats.Side by side, staggered, wide cockpit and narrow cockpit. And, there are alot of tired, mediocre,questionable history boats out there as well. I still think that the resale (while not as good as the Topgun) is as good or better than any of the competition .Of course it helps if the boat has been nicely maintained and has the right graphics.

P.S. In 02, I was offerd a new Gladiator for around $155K. What is a 02 Gladiator worth now?

Last edited by pm203; 03-14-2006 at 12:09 AM.
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Old 03-14-2006, 12:09 AM
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Default Re: Do Cigs have superior resale value?

Quote:
Originally Posted by Semper Fi
The ratio of people actually making money on a boat (besides a dealer) is practically slim to none. I'm not saying it cannot be done, but is truely rare.
did it on my first cig!!
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Old 03-14-2006, 12:35 AM
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Default Re: Do Cigs have superior resale value?

Quote:
Originally Posted by Semper Fi
The ratio of people actually making money on a boat (besides a dealer) is practically slim to none. I'm not saying it cannot be done, but is truely rare.
I would agree, cars, boats or whatever you need inventory to offset the ones that don't sell for much of a profit. You might make it on one or two, but the third might get you. I've managed car dealerships and will get back into in the future as an owner of one.

Having said that; for cars with my partner (Brother) we are doing strictly older Porsches, he's trying to add Ferrari to the deal. We will also do parts and performance enhancements on a small scale. In the next couple years if successfull, I would not mind adding boats.

For the resale value Cigs are on the top of a specialty inventory list much like Ferrari and Porsche. Believe you need three things to be more successfull in dealerships; one you must specialize in one or two makes that are consistent in good resale value and sales demand. Second you must have a supply of clean inventory. Last a love for what you sell is a must!!!
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Old 03-14-2006, 12:37 AM
  #14
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Default Re: Do Cigs have superior resale value?

I think the Gladiator is a rare case. It happens to be my absolute favorite Cig as far as looks go but it's the one boat my wife would rather I never buy. For her, the absence of a cabin is a deal breaker, for me it's the perfect size, I love the capped deck, staggered motors, cockpit layout. I could see them being hard to sell because a lot of people wouldn't be willing to own a boat that size without a cabin.
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Old 03-14-2006, 02:11 AM
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Default Re: Do Cigs have superior resale value?

I think it has alot to do with how many are made each year?
any ideas on the numbers?


Fountain, Donzi, Cig, Outerlimints, ect....ect.........supply and demand
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Old 03-14-2006, 04:55 AM
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Default Re: Do Cigs have superior resale value?

I think part is becouse they havent changed there look. Thats my fav part....
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Old 03-14-2006, 07:08 AM
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Default Re: Do Cigs have superior resale value?

Yep on the gladiator..how many people want a big boat with no cabin? You can't cruise that boat and overnight at an out of the way anchorage.

I am surprised the used ones as worth as much as they are. Plus, you KNOW they have been beat on very hard.
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Old 03-14-2006, 08:35 AM
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Default Re: Do Cigs have superior resale value?

Well there is a ton for sale. 104 on OSO alone
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Old 03-14-2006, 08:52 AM
  #19
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Default Re: Do Cigs have superior resale value?

Blackbuca's 01 TG TS is for sale for under 200k.
That is a great deal IMO.
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Old 03-14-2006, 09:42 AM
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Default Re: Do Cigs have superior resale value?

Quote:
Originally Posted by dreamer
yes and no... first all boats tank in the first couple of years... but cigs then level off and i some cases if bought right and appreciate, part inflation and part low production # so not as many of the same model year avail at the same time

in 90 a bullet went for 110k today there 50-60... pretty good... kind of like a ferrari... how low can they go, its still a ferrari

I have to agree! I am not a Cig owner, but I would love to own one someday. I think most people also feel the same deep down even if they won't admit it. It amazes me what some of the well cared for late 80's Cigs are going for. I bet they are close to what they sold for new.

This is a general comment, not concerning cigs. I think that many used boats are extremely over priced. Maybe, this is due to the fact they are financed over longer terms and the owners are upside down in them. Just seems to be a trend that I have noticed while browsing the classifieds!

BTW Cigs rule!
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