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Tiger is gone.

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Old 06-14-2008, 07:59 AM
  #1
GLH
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Default Tiger is gone.

After a deal fell through because the rebuilt on an engine took too long, I sold & delivered the ride to a buyer shipping it to Japan.

So it is joining another flat bottom 42 footer with #6's in Japan.

Have a good trip we had a great ride....

OK now what for next year??? Skater36 or 32 & #6's or Gladiator??? Got to get to work so I can afford a dinghy for that Azimut...

We'll be back up to speed soon enough!


[YOUTUBE]http://uk.youtube.com/watch?v=L7u0LZvb-Hk[/YOUTUBE]

[YOUTUBE]http://uk.youtube.com/watch?v=3USdHMl4xFM[/YOUTUBE]

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Old 06-14-2008, 08:21 AM
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Information for you numbers guys relating to depreciation.

We have owned Four Cigarettes consecutively for the last seven years. One 20 Footer, One Cafe Racer (35') and Two Tigers (42').
All were bought used making the best deal we could.
All (like any offshore boat) had running costs related to such boats. I do not count this in the number below as I believe I have to pay to play.

Counting the pluses (We made a profit selling two of the four) and the minuses it cost us in depreciation $24k over the last seven years for the privilege of running a Cigarette. That is a little less than $4k a year.

Those are our numbers for your information.
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Tiger is gone.-cafe.jpg   Tiger is gone.-1024-cig1.jpg   Tiger is gone.-img_0325oso.jpg  


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Old 06-14-2008, 08:39 AM
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HEY GLH was the 2 nd pic taken in Miami ?
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Old 06-14-2008, 08:46 AM
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COngrats!! SKater!!!!!!
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Old 06-14-2008, 08:51 AM
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Quote:
Originally Posted by GLH View Post
Information for you numbers guys relating to depreciation.

We have owned Four Cigarettes consecutively for the last seven years. One 20 Footer, One Cafe Racer (35') and Two Tigers (42').
All were bought used making the best deal we could.
All (like any offshore boat) had running costs related to such boats. I do not count this in the number below as I believe I have to pay to play.

Counting the pluses (We made a profit selling two of the four) and the minuses it cost us in depreciation $24k over the last seven years for the privilege of running a Cigarette. That is a little less than $4k a year.

Those are our numbers for your information.
Thats the way to do it.
I never have and never will buy a new boat. Let someone else pay the massive depreciation, then make your best deal. Take care of it and sell every few years. Seems to be the most cost effective way. 4K a year to drive a Tiger is rediculously cheap.
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Old 06-14-2008, 09:14 AM
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Quote:
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HEY GLH was the 2 nd pic taken in Miami ?
Yes, leaving Monthy's week end of the Miami Boat Show Poker Run in 2004
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Old 06-14-2008, 10:29 AM
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Quote:
Originally Posted by GLH View Post
Information for you numbers guys relating to depreciation.

We have owned Four Cigarettes consecutively for the last seven years. One 20 Footer, One Cafe Racer (35') and Two Tigers (42').
All were bought used making the best deal we could.
All (like any offshore boat) had running costs related to such boats. I do not count this in the number below as I believe I have to pay to play.

Counting the pluses (We made a profit selling two of the four) and the minuses it cost us in depreciation $24k over the last seven years for the privilege of running a Cigarette. That is a little less than $4k a year.

Those are our numbers for your information.
You also bought the right boats to start with. I wouldn't think a buyer of a straight bottom Mystique could hope for those results. The last two you purchased also went up in new MSRP year after year giving your used 42's a push upwards in the used market. If a new one went up 30K your used boat looked much more attractive. I think the 03-06 boats had gotten crazy expensive and in 07/08/09 model years the boats will be trading cheaper due to a slower economy.
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Old 06-14-2008, 11:08 AM
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Congrats on the sale & working the #'s in your favor!!

Which was your favorite Cig to own & why?
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Old 06-14-2008, 12:08 PM
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i thought so, that was a sweet looking boat, i hope u stay with Cigarette
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Old 06-14-2008, 05:22 PM
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GL, congrats on the sale of your Cig and enjoy your new ride
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