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Do Cigs have superior resale value?

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Old 03-13-2006, 10:09 PM
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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.
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Old 03-13-2006, 10:20 PM
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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.
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Old 03-13-2006, 10:24 PM
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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
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Old 03-13-2006, 10:42 PM
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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 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 10:51 PM.
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Old 03-13-2006, 10:46 PM
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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...
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Old 03-13-2006, 10:55 PM
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Default Re: Do Cigs have superior resale value?

Quote:
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
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Old 03-13-2006, 11:33 PM
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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!
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Old 03-13-2006, 11:38 PM
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Default Re: Do Cigs have superior resale value?

Quote:
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.
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Old 03-13-2006, 11:43 PM
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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.
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Old 03-14-2006, 12:01 AM
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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.
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