Go Back  Offshoreonly.com > General Discussion > General Boating Discussion
Do Cigs have superior resale value? >

Do Cigs have superior resale value?

Notices

Do Cigs have superior resale value?

Thread Tools
 
Old 03-13-2006, 09:09 PM
  #1  
Registered
Thread Starter
 
epeek's Avatar
 
Join Date: Apr 2003
Location: Lake George N.Y.
Posts: 1,530
Likes: 0
Received 0 Likes on 0 Posts
Default Do Cigs have superior resale value?

First,let me say that I think Cigarette builds an
incredible boat. Their rigging,design and overall
build quality is second to none.
The statement that they have superior resale
value has been made numerous times in many
threads. Is it really true ?
It seems to me in looking thru the classifieds,
that this really doesn't seem to be the case. Yes
the are usally selling for more than Donzi,Formula
and Fountain......but they cost 2-3 times more to
begin with. The Gladiator market really comes to
mind. It seems they have a really low resale compared
to the price they cost new and there seems to be a
few of them that have been for sale for quite some
time.
Cigs guys,please don't get all defensive. This is
not a dis. Your boats are awesome. I'm just curious
as the "high resale statement" gets used quite often.
epeek is offline  
Old 03-13-2006, 09:20 PM
  #2  
Registered
 
Join Date: Feb 2004
Location: Kansas City, Mo
Posts: 38
Likes: 0
Received 0 Likes on 0 Posts
Default Re: Do Cigs have superior resale value?

I don't have a cig but I looked at many when I was in the market. I would have to say they hold their value pretty well. Also, most of the cigs I looked at were sold within months after I inquired. I don't know what all of them went for but I do know that a few went pretty close to what they were asking. The early 90's topguns are still getting good money. You also have to consider that 99-02 models were considerably less money than 05-06 models when purchased new. Overall, I would have to give them the #1 ranking for resale value. Thats my $.02 anyway.
fazznick is offline  
Old 03-13-2006, 09:24 PM
  #3  
Registered
 
Join Date: Mar 2002
Location: cleveland
Posts: 5,815
Likes: 0
Received 6 Likes on 4 Posts
Default Re: Do Cigs have superior resale value?

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
dreamer is offline  
Old 03-13-2006, 09:42 PM
  #4  
Registered
 
Join Date: Feb 2004
Location: Kansas City, Mo
Posts: 38
Likes: 0
Received 0 Likes on 0 Posts
Default Re: Do Cigs have superior resale value?

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 agree. I feel that they level off quicker than most boats. The early 90's cigs selling for half of their original value is pretty good in my opinion (of course a lot of them look as good as 04's). I just wish my car would hold that kind of value.

Last edited by fazznick; 03-13-2006 at 09:51 PM.
fazznick is offline  
Old 03-13-2006, 09:46 PM
  #5  
Registered
 
sleeper_dave's Avatar
 
Join Date: Apr 2005
Posts: 725
Likes: 0
Received 0 Likes on 0 Posts
Default Re: Do Cigs have superior resale value?

don't compare resale to donzi and fountain

compare the resale of donzi, cigarette, and fountain to scarab, formula, baja, sunsation, etc...
sleeper_dave is offline  
Old 03-13-2006, 09:55 PM
  #6  
Registered
 
Join Date: Mar 2002
Location: cleveland
Posts: 5,815
Likes: 0
Received 6 Likes on 4 Posts
Default Re: Do Cigs have superior resale value?

Originally Posted by sleeper_dave
don't compare resale to donzi and fountain

compare the resale of donzi, cigarette, and fountain to scarab, formula, baja, sunsation, etc...




uh...no... compare cigarette to donzi,fountain,formula,... dont even include baja

sunsation doesnt have the model range and scarab is out of biz

nortech and outerlimits are up there w/ cig but dont have the production years under there belt like the others
dreamer is offline  
Old 03-13-2006, 10:33 PM
  #7  
Registered
 
Clay Washington's Avatar
 
Join Date: Dec 2000
Location: Austin, Texas
Posts: 6,986
Likes: 0
Received 0 Likes on 0 Posts
Default Re: Do Cigs have superior resale value?

Cigs are like Harleys. They have an aura about them. People love them because they are what they are.

I love my Harley and I love my Bullet!
Attached Thumbnails Do Cigs have superior resale value?-dinah6-large-.jpg   Do Cigs have superior resale value?-picture-3-large-.jpg   Do Cigs have superior resale value?-picture-4-large-.jpg  

Clay Washington is offline  
Old 03-13-2006, 10:38 PM
  #8  
Registered
Platinum Member
 
Join Date: Jul 2004
Location: atlantic city, NJ
Posts: 1,852
Likes: 0
Received 1 Like on 1 Post
Default Re: Do Cigs have superior resale value?

Originally Posted by Clay Washington
Cigs are like Harleys. They have an aura about them. People love them because they are what they are.

I love my Harley and I love my Bullet!
Clay....Nothing beats the old hotties.......told ya.
Byrdman is offline  
Old 03-13-2006, 10:43 PM
  #9  
GLH
Platinum Member
Platinum Member
 
GLH's Avatar
 
Join Date: Dec 2002
Location: Burlington, VT
Posts: 15,272
Received 19 Likes on 13 Posts
Default Re: Do Cigs have superior resale value?

I have made money on all Cigarettes I have owned.

I have lost money on the Fountain I have owned.
GLH is offline  
Old 03-13-2006, 11:01 PM
  #10  
Registered
 
Semper Fi's Avatar
 
Join Date: Oct 2000
Location: SoCal
Posts: 4,276
Likes: 0
Received 7 Likes on 5 Posts
Default Re: Do Cigs have superior resale value?

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.
Semper Fi is offline  


Quick Reply: Do Cigs have superior resale value?


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.