Poll: What Is Your Boat Worth ?
 

I started another tread asking if you had a loan somewhere to help you have your boat or if it was paid 100%. See http://www.offshoreonly.com/forums/s...d.php?t=147296

As of right now, 114 votes for paid, and 104 for loan, meaning a little more than half of us have their boat paid for.

Then here is another question: vote according to what is your boat worth, not the price you dream you could have but a price you could probably sell it within a couple weeks/month.

everybody are welcome to vote of course, but I specially ask you guys who voted on the other tread to vote again here.

Thanks!

Re: Poll: What Is Your Boat Worth ?
 

poll ?

Re: Poll: What Is Your Boat Worth ?
 

I voted for me 50 000$ or less, of course.

Re: Poll: What Is Your Boat Worth ?
 

Im in 50-100K and would have thought most on this site would have been around the same. I think it will come up.

Re: Poll: What Is Your Boat Worth ?
 

if you could have expanded the break down in 25 k increments, I think you'll find the majority of boats are between 75 and 100.

Mine's worth a million :p :D but I will settle for cash for half the amount :drink:

Re: Poll: What Is Your Boat Worth ?
 

In the current market? It hurts to think about it! And the folks at the factory keep pushing "Executioners" out the door....which has been exactly that to resale values.

Re: Poll: What Is Your Boat Worth ?
 

I figure that my boat is worth somewhere between 100-130K.....depending on how quickly I want to sell it. :rolleyes: ......but it is paid for and not for sale! :drink: :evilb:

Re: Poll: What Is Your Boat Worth ?
 

I was thinking about the other thread and was also wondering if the boat was paid for was it done with money borrowed against something else like a second mortgage
Boat is technically paid for but debt was taken on to pay for it.

Re: Poll: What Is Your Boat Worth ?
 

>50k In Thebook. But Priceless To Me

Re: Poll: What Is Your Boat Worth ?
 

Mine is probably about 160k and financed 70% of it with a boat loan.

Re: Poll: What Is Your Boat Worth ?
 

The way I see it everyones boat is only worth as much as someone else is willing to pay for it regardless of the asking price!

Re: Poll: What Is Your Boat Worth ?
 

what is my boat worth? trick question!!!!!!!what is my boat worth to whom???????????????that is the real question................m.m......

Re: Poll: What Is Your Boat Worth ?
 

Mine is in the $50K - $100K range. It (like everything else I own) is ALWAYS for sale! :D

Re: Poll: What Is Your Boat Worth ?
 

then I would say a loan somewhere helped you have it.

Re: Poll: What Is Your Boat Worth ?
 

Then, does it mean I could have your boat for, let's say... 50 K?

I know what you mean but I doubt it's worth 50K! We always have an idea on what could be a selling price for our boat, not the dream price we wish we had...

Re: Poll: What Is Your Boat Worth ?
 

I learned a good lesson on the home equity line thing when I bought my TG. Wrote a check for the boat, the heloc rate was 3.25%....then it started going up what seemed to be .25% per month. When I paid it off, it was at 7.75%! :eek: :eek: What was a minimum payment of about $400 per month turned into over $850 per month! I don't miss that at all.

Re: Poll: What Is Your Boat Worth ?
 

Thanks for posting this- I needed a good cry.



How do you make a million dollars?

Easy-- buy a 2 million dollar boat and take it home.

Re: Poll: What Is Your Boat Worth ?
 

thats how do you lose a million
:D

Re: Poll: What Is Your Boat Worth ?
 

It may take a while but read the entire loan doc carefuly before you sign anything. There are many caveats that can bite one in the butt, that are not on the first page or two. Its amazing how bad a loan it is possible to get.. bankrupting many who just didnt know what they were in for. I think its got a little to do with the flat real estate market as of late. Lots of folks are upside down because they took an arm that has matured ..

Re: Poll: What Is Your Boat Worth ?
 

im in the 50 or less but im waiting for that rich moron to give me 100k for it.

Re: Poll: What Is Your Boat Worth ?
 

Whatever somebody will pay for it.

Re: Poll: What Is Your Boat Worth ?
 

if you take a second loan to buy your boat make sure its a fixed rate :D my boat I payed cash for so its worth nuthing :rolleyes: , because I'm going to strip it and buy a blank hull nexted yr :D

Re: Poll: What Is Your Boat Worth ?
 

My Formula is worth a LOT less then what I have into it but that is fine with me. I figure the Donzi is worth a lot more then what I paid for it, or like M.M. said worth what to whom.... If I find a buyer that has to have a one of only 8 made then......

Jon

Re: Poll: What Is Your Boat Worth ?
 

one out of only 8 made ??? really ? Not more than 8 made at that time ?

Re: Poll: What Is Your Boat Worth ?
 

My Donzi is a one of 8 ever made (from what I have been told). Documented Factory Big block 18. I only know of one other still around.

Re: Poll: What Is Your Boat Worth ?
 

What exactly are you extracting from these polls Jeff?

Re: Poll: What Is Your Boat Worth ?
 

just trying to figure out first if most boats have a loan or not. If I had one I could get a newer boat myself but I restrict myself to these old tubs...

Then if it is paid for, just trying to see the price range that boats are paid for.

In no way I can see or want to know your personnal income, plus what you declare as income could be different than your real income, so I don't see any reason to post a poll on salary...

If ever this was your question!!! I'm just having fun talking with you guys, and also found interesting to finance the boat and keep some real cash to move on to different money maker project!

Thanks again everybody for posting!

Re: Poll: What Is Your Boat Worth ?
 

plus I'm getting closer to my first thousand post!

Re: Poll: What Is Your Boat Worth ?
 

We are in the less than 50K class and we still owe money the boat. I am starting to think I spend too much time on this website and not enough time bringing home more bank.

Re: Poll: What Is Your Boat Worth ?
 

Rob, you need to bring home more bank because I see a blown 540 in your near future! :eek: :drink: :evilb:

Re: Poll: What Is Your Boat Worth ?
 

My boat is worth right around $50K. Since I'm the one in the family most interested in this hobby, I really don't see ever having much more than that invested in a boat. I've got roughly $56K invested.

Re: Poll: What Is Your Boat Worth ?
 

I know where one more is!, So that accounts for 3 of the 8

Re: Poll: What Is Your Boat Worth ?
 

My brother is in the same position. He bought the boat he wanted, Glastron Carlson jet boat, only to have to replace the flooring, stringer, a bulkhead, complete new custom interior, repaint, motor rebuild all within the 1st 3 yrs. He and I have more time in that boat than the original build time frame. It was a great project, but glad it's done. Several have told him to quit dumping money in it, but unfortunatly it would take alot more additional $$$ to get one in good shape, plus then be out of his initial investment as it was basically worth very little once the demons popped up. It's now in great shape and it fits him to a T.
Sometimes it's cheaper to keep dumping money in a hole, vs buying a new hole. Gotta work with what you can afford, or go without.

http://groups.msn.com/GlastronCarlso...23.msnw?Page=1

Re: Poll: What Is Your Boat Worth ?
 

Boat values are relative to what someone is willing to pay right now. We all know that our boats are worth more to us than they are to someone else. In todays market it is best to wait till the market turns around.

Re: Poll: What Is Your Boat Worth ?
 

There is a universal statement if I ever heard one! :D

Re: Poll: What Is Your Boat Worth ?
 

Mine is worth what someone is willing to pay for it...

Re: Poll: What Is Your Boat Worth ?
 

The remainder of my sanity

Re: Poll: What Is Your Boat Worth ?
 

I never did find out who the other one was. One of the guys on Donzi.net told me that he had found one other. Yours (or the one you know about) may very well be the second one....

Jon

Re: Poll: What Is Your Boat Worth ?
 

So when this is all done you can tell us our shoe size?

Re: Poll: What Is Your Boat Worth ?
 

no but that tells me what is the biggest market...