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NEWB boat question

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Old 06-17-2009, 08:40 PM
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I`m looking for our first boat, been looking on/off for a year or two. Never finding anything that I`d be exited about with my price range.
My question is; is the year of the boat a major consideration and does it affect the price in a major way?

I have found a 1990 Baja 250ES that is absolutely spotless, 260 hours on hull, low hours on new motor, it looks like it left the showroom floor yesterday, I have seen boats 10 years younger that didn`t look this good, seller has receipts for absolutely EVERYTHING,and the list is loooooong, even the trailer is spotless.

asking is $22K, bottom price is $21,500.
When I check into value of the boat, from Blue Book to my insurance agent, noone has the value above $13K.
Mainly because it`s 20 years old. But since everything has been replaced/fixed does that raise the value so much?

Looking around there are no boats in the $20K range that are in such good shape.

Is Blue Book that far off or are they asking too much?



I`m confused... if I`d be overpaying, plus any info or reviews on this boat would be helpful , I can`t find any at all


Also financing for a 20 year old boat is nonexistant..1999 and up is what most places are willing to finance so I think selling this boat may be a bit difficult for the seller.. This should also bring the value down

Last edited by ICDEDPPL; 06-18-2009 at 08:26 PM.
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Old 06-17-2009, 09:07 PM
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I think you could probably do newer and bigger for little more money.

Check with CU's for financing, many of them don't mind age as long as it books out. Good luck.
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Old 06-18-2009, 08:48 AM
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Spotless is great but in todays market exspecially it's way overpriced. I'd give a premium over book value, for it being as you describe if I was to want to buy a baja, but not a premium of almost twice it's book value, Baja or not. Remember as well in that era marine grade wood was not used so be sure to examine very closely transom and places prone to mositure exposure. Looks can be deceiving.
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Old 06-18-2009, 10:14 AM
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Thank you for the replies, I also just realized it doe not have trim tabs, I believe these would be important for Lake Michigan boating, correct?
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Old 06-18-2009, 04:34 PM
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k planes are a must on big water without them and stock power I would say 14,000 to 16,000. If your looking for room in the boat a 25outlaw say in the 98 year or a 98 active thunder 25 both have deep cockpits would be boats in the 20 to 25 grand. theres lots of deals out there boats in the 30 foot range 1990 and newer 30,000 and up. good luck art
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Old 06-18-2009, 07:45 PM
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Man, every boat that fits my criteria seems to be 5-6 hours away.
One of those is a 2001 Powerquest 26' legend SX for $27000
http://www.boattrader.com/listing/photos/95208461/
That`s a good deal.


Locally theres a 1993 Envision 29' for $25000 but it has a Jasper 502.. There seems to be mixed reviews on the Jasper, so I`m not sure if that motors gonna fall apart on my in a month

I like the room in the 29' thou

http://www.teamshogren.com/pre-owned...-envision.html

AIR TIME, The Outlaws seem to be tight on room. In the 25' the rear seats are right up against the front seats, am I wrong?
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Old 06-18-2009, 08:10 PM
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I'd check out

http://yachtauctions.com/listing.php?vessel=3363

or

http://yachtauctions.com/listing.php?vessel=3332

They're better deals, and you could bid less on the Velocity.

Also, if you don't want to tow far you can use Uship where they bid for the job and you get great deals. I'm having a 28 brought from Ft Worth to Det for $1K.
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Old 06-18-2009, 08:38 PM
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Quote:
Originally Posted by rlj676 View Post
I'd check out

http://yachtauctions.com/listing.php?vessel=3363

or

http://yachtauctions.com/listing.php?vessel=3332

They're better deals, and you could bid less on the Velocity.

Also, if you don't want to tow far you can use Uship where they bid for the job and you get great deals. I'm having a 28 brought from Ft Worth to Det for $1K.


ooohhh I like that Checkmate! only a 6 hr drive to see it lol
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Old 06-18-2009, 08:40 PM
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a 6 or even 12 hour drive is worth it for the correct boat! I have driven 12 hours each direction just to look at junk but some times you will find the gem and deal. If you pay that much over book you are going to get KILLED on resale.
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Old 06-18-2009, 09:50 PM
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Quote:
Originally Posted by ICDEDPPL View Post
ooohhh I like that Checkmate! only a 6 hr drive to see it lol
Well I'd say put in a bid by Monday that is conditional upon survey. If you are the winning bidder I'd get it surveyed and maybe drive out if there's any questions raised by the survey. For that kind of money I think it'd be tough to go wrong.
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