Originally Posted by Lucky Strike Jr (Post 2767442)

There never has been any continuity in the boat market and there never will be. Very similiar boats always bring different amounts. Just becuase you see a 03 Top Gun get sold for $120k (and I'm making that number up) doesn't mean every 03 Top Gun is worth $120k. I know of a CLEAN 2002 with 575's that sold in the past month for more than they are asking for that 2003. Why? Becuase it was worth more.

It's just like a car, if you have (2) 2003 SL500 that roll through the auction why does one do $31,000 and one do $34,000? Becuase of the color, miles, and the history....same thing with a boat.

I know that you'd like to buy a T/S Gun, but what you think they are worth is just too low (at the current time), and odds are (and I'm not saying ever) you won't find one for what you think they are worth....at this time.

If Rice Hauler could be bought for $99k it would be gone before you even had a chance to think about buying it. That would be a no brainer to anybody. But, as I said to you earlier, find a boat you like...make an offer. They either say yes or no but don't be upset when everyone keeps saying no at the numbers you are thinking.

My $.02

Originally Posted by jeff1000man (Post 2767453)

Rice Hauler did sell for less than 99K from Coopers.

I'll just keep my little Magnum for now. It outruns the TS's on my lake anyway.

Originally Posted by Lucky Strike Jr (Post 2767464)

It may have, but it could have sold for $50k. Would you think it's only worth $50k? Just becuase he got a smokin deal on it doesn't mean he has to pass it on tot he next guy, I know you'd like that but it's not the way it necessarily works. If you can make a buck on it, why not? There is a fair market value for everything....it's more than $99k.

How come you didn't buy it?

Originally Posted by Lucky Strike Jr (Post 2767442)

It's just like a car, if you have (2) 2003 SL500 that roll through the auction why does one do $31,000 and one do $34,000? Becuase of the color, miles, and the history....same thing with a boat.

Originally Posted by smiklos@sunprint (Post 2767579)

I am going to purchase either a 38 TS 36 Gladiator or a mid 30' catamaran (skater MTI). I have been planning this purchase for about 10 months. My original plan had me buying just after Christmas as I felt that would be pretty well the bottom of the market.

I am a cash buyer but in talking with my banker and some in the marine business it appears there is very little money to lend for boats and high performance is some of the least desirable paper. This means that most deals will need to be cash or home equity loans. With this in mind I am taking a wait and see attitude. I went through this in 1991 and bought to soon. When is too soon? I guess just before the first upturn.
Steve

Originally Posted by smiklos@sunprint (Post 2767579)

I am going to purchase either a 38 TS 36 Gladiator or a mid 30' catamaran (skater MTI). I have been planning this purchase for about 10 months. My original plan had me buying just after Christmas as I felt that would be pretty well the bottom of the market.

I am a cash buyer but in talking with my banker and some in the marine business it appears there is very little money to lend for boats and high performance is some of the least desirable paper. This means that most deals will need to be cash or home equity loans. With this in mind I am taking a wait and see attitude. I went through this in 1991 and bought to soon. When is too soon? I guess just before the first upturn.
Steve

Originally Posted by LapseofReason (Post 2767588)

Yep one of the worst feelings in the world is when you make an offer and they take it in a 1/2 second. I like to be asked to leave or never call again on my first offer then work up from there.:drink:

Originally Posted by jeff1000man (Post 2767453)

Rice Hauler did sell for less than 99K from Coopers.

.

Originally Posted by Lucky Strike Jr (Post 2767442)

It's just like a car, if you have (2) 2003 SL500 that roll through the auction why does one do $31,000 and one do $34,000? Becuase of the color, miles, and the history....same thing with a boat.


My $.02