What's a hull worth?
#1
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What's a hull worth?
I have been toying with the idea of buying another performance boat (Was formerly Bryanspeedracer on this board, had a 10 meter)
While I see a few motivated buyers, it seems that a new (To Me) twist is to part a boat out in order to try and reach the magic number the seller needs instead of selling it whole at a price that the market is dictating. Does this make sense? It really doesn't to me frankly but what do I know. For me to buy a bare hull and then power and drives, I'd have to steal the hull. I have not seen too many steals...
What has everyone else found?
While I see a few motivated buyers, it seems that a new (To Me) twist is to part a boat out in order to try and reach the magic number the seller needs instead of selling it whole at a price that the market is dictating. Does this make sense? It really doesn't to me frankly but what do I know. For me to buy a bare hull and then power and drives, I'd have to steal the hull. I have not seen too many steals...
What has everyone else found?
#3
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#4
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Almost all boats are worth more in parts than they are as a whole. If you're willing to take the time and effort to part them out, you'll probably do better.
With that said, unless it's a stepped hull, modern design, or an unusually high demand boat, the hulls generally aren't worth much at all. I know some people give them away, sell them for peanuts, or scrap them. Although, stepped hulls for example might bring in a nice pile of cash... It all depends on what it is.
With that said, unless it's a stepped hull, modern design, or an unusually high demand boat, the hulls generally aren't worth much at all. I know some people give them away, sell them for peanuts, or scrap them. Although, stepped hulls for example might bring in a nice pile of cash... It all depends on what it is.
#10
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I guess that is the market Im in. The older run-of-the mill Cigarette or Fountain that hasn't been all hacked up is probably worth more to the seller in parts if that direction is an option. It would be great to own an ex-raceboat or high profile old school like an Apache hull but I can not justify spending all the money on a hull that has the balls beat off of it only to scrounge parts to make it go again. That route has to be more expensive than buying a whole boat.
I appreciate the responses. What is everyone else doing that is in the same market?
I appreciate the responses. What is everyone else doing that is in the same market?