Best Resale Powerboat
 

Opinions on what model boat holds it's value the best.

Something in the 2003-2008 range. Cigarette, Outerlimits, Fountain, Apache, Donzi, Baja, or comparable. Brand doesn't matter except for the ability to get rid of it.

38 feet and longer

Example, buy a 38 Cig Top Gun with 525s, run it for a year, then sell it for a loss.

Questions:
1) How big of a loss. $10,000?, $20,000?, more?
2) How long does it take to sell it? It seems like some of these boats have been for sale for years. I realize question 2 is directly tied to question 1….how big of a loss are you willing to take?

On the lower end of the price scale, I have noticed Baja seem to really hold their value. I believe it is a name recognition thing..... I recently sold my 2003 Velociy 260 for well under what older equally powered Baja 24 & 25 Outlaws sell for..... Even though there is no comparison in build quality..... Formula seem to hold well as well, rightfully so.

A few considerations:
1. Customryder or Scott Shogren would be the only two on OSO that has multiple experiences with this but I really believe your equation begins with the buy price, not the sale price.
2. Too many variables for "best brand, best resale"......where (salt vs. fresh, FL or Idaho), when (dec. or june sale), etc. Then lets say 525 boat has header issue, milkshakes a motor, that is going to hurt the equation.
3. Many brands you mentioned are out of business, can't see that picture getting brighter in reference to resale values.

My opinion, buy a nice clean boat (Powerquest 380 for example) for a steal and when you are ready to sell it.....you don't lose much if you are into the boat for 40-50K.

I would buy in the late summer or fall and sell in the spring. I wouldn't have a problem buying it anywhere east of Kansas, it would be sold in Florida. The boat has to be able to handle KW and Miami Boat Show poker runs. It's going to cost $7,000 round trip transportation plus a $5,000 road cover to get my Skater to and from Florida next year. That's $12,000 I could afford to lose on a boat that I could buy right and sell down there.

We still hope to take the Skater but I thinking of some backup plans.

I hope to gain some insight into different brands I know nothing about (like Powerquest) from the discussion. Thanks

I would buy at your home lake/area and sort the boat out.....when it is running good then ship it to Florida, use it and list it after the first poker run (the runs are only 3 months apart). That 42 Sonic just listed for 26K could be a winner if you could buy it sub-20K and you had access to some cheap motors to stick in it and maybe re-shoot the purple/update it a little.

Hands Down........... Bayliner :party-smiley-004:

Just wondering how you come up with 12k to and from florida? Does that include a concierge transport service?

$3500 each way = $7000
Road travel cover = $5000 (or another way to look at is $5,000 paint refresh from road grime)


http://www.offshoreonly.com/classifi...o54686-en.html

This one is interesting but the whole Dirty Duck theme is not for me. That would have to be creatively covered up.

In all seriousness I would say the boats that hold their value the best are the names that can roll off the tongues of the inexperienced even though the build quality isn't the same as some lesser known names.

Cigarette
Baja
Donzi
Forumula
Fountain

If I had to pick one, I would say Formula because the build quality / fit and finish. Not to mention they are still in business. They also build a boat for just about anyone. Bowrider, Performance, cruiser etc

Just shrink wrap your boat before trailering it.....WAY cheaper!!

Here is one that could be had for less than the asking price.... Hell of a poker run boat.

http://milwaukee.craigslist.org/boa/4312908856.html

Buy the 600s gun that usedboatsdirect has for sale. $99k at the run this weekend on a trailer. Use it for a season, and maintain it, you can probably get $90ish again.

Any TS Gun bought under $100k in good condition will be re-sellable.

Whatever you would buy you will have wished that you just brought your Skater down. It is an awesome boat, you know it, it is in perfect shape, and Native could freshen before coming back up to LOTO. One of Randy Kent's travel covers would go a long way in protecting the boat. Why hassle with another boat, 2 more engines, drives, maintenance, etc., etc.?

Now if you are looking for an excuse to buy something different, that is another story! As somebody else said, losing your ass is more about how you buy then how you sell.

I might know someone who has 353 Formula that might be trading/selling it for a CC before next winter season......................lol

But a 353 isn't a 85-90mph TS TG though.

I own a 38 powerquest and I would never consider taking it to Florida for either of those runs. The boat does the job but coming from your skater you will be horribly disappointed. It takes all I got to run with nor-tech cc's. But I'm more worried about overnighting and decent rough water handling than top speed. With that being said, I'd give up the amenities in a minute for a skater.

This is what I was thinking.

Well sort of :). I love doing deals and this is just another excuse. The Skater is a very expensive day boat.

I am very interested. I don't care about top speed. Just something that rides good, looks good, and sounds good. I know yours is immaculate.

I don't know if they actually sell, but Baja's seem to have ridiculous prices when you compare them to other better built boats.

Yeah but at 100K the sales tax alone (6% FL) will eat up 1/2 of his budget and that TS TG at boats direct has been for sale for 2+ years so that doesn't = easy resale.

Maybe they are ready to deal then:evilb:

Did any of the Baja's sell? Back in the day most of them were over financed. Baja and many others did very little down to buy a boat.

Ortho, Take a look at my Jaguar. Stable cat that might fit your needs and cheap! Doug

And doesn't spill your drink!

Unless you find a killer deal on a nice boat, I think you are better off shipping your boat back and forth.

Having a custom cover made is pricey, but you will always have it for future trips should want to travel more/elsewhere.

If you bought a nice TS TG for a 100k.
You would most likely need to have it shipped to you for 2k?? then to Florida??? for 3k???
You would need to pay the MO tax and USCG doc fees for 2k???
Survey??? 1k??? Travel to look at it??? 1k???
You would need to broker it in Florida 7-10K????
Storage??? What if it doesn't re-sell???

Bottom line is you would need to buy it very right and would still probably take a 10k loss.

Nothing can come close to resale value of a 28 Skater.

BAM,

I have a really nice 37 OL that I will likely be listing within a couple of months. Staggered, dry sump 6's, it will have zero hour 540ci 675-700's (which will be ready for blowers if you wanted to add them), Stellings, 380 tabs, throws a huge rooster tail, great cockpit (white), real nice full cabin, sweet HD Myco, etc. The boat is built like a rock, should run around 100mph, and ought to be nearly bullet proof. It has been run in fresh water and stored in a heated garage most of its life and it shows. This boat will out run the bravo-butt TG's for similar $, and likely just about everything else out there in this price/size range. If 100 mph isn't fast enough for you, add blowers and it will run well over 100 without fear of popping drives. I don't think you'll find another staggered, dry sump 6 boat with fresh power,a nice cockpit/cabin sitting on a Myco at anywhere near my price, and since it's already basically depreciated, I'm sure you'll get your money back when you go to resell.

If you're seriously interested, let me know as I will be surprised if it's not sold before it ever gets listed (several guys are already interested in it). You will not find more boat for the $. The engines are getting ready to go together and it should be ready to rock for spring.

Griff, don't be a buzz kill :)

Is that big enough for the Southeast Florida?

PM Sent.

I think I can you into this fairy cheap, has a trailer, it's registered in Florida already.............let me know what you think................lol

Buy my 30k boat and enjoy it in FL.
How much can u loose?

One of your engines probably cost more.

Unless you can find some sort of rediculously cheap deal on a repo center console or something I would agree with just hauling the Skater. Miles of wide open water with no speed limit will have you wishing you were in your boat! Let's get a deal together to haul BOTH boats down there and save some money on the freight!
I already have a line on a storage facility from November through March.
Now, if you are looking for something to use and abuse while you are there to learn the waters, that's different, maybe we could partner on a boat like that.

+1

Shop all those household brand names. How much you make or lose on the sale depends on whether or not you get a good deal to start with. Pay some attention to geography. I wouldn't buy a west coast style boat and attempt to sell it east of the Mississippi.

Last three boats I've owned were twin engine Bajas, 29, 30 and 34. All sold within 2 months. Made a profit on 2 of 3. Well, after storage and running expenses, I wouldn't call it a profit. But I technically sold them for more than what I paid.

IMHO I wouldn't be looking at a 38' for a quick flip. Smaller boats are easier to move these days.

When I worked we used to call that "the pyramid of affordability" more people can afford a $50K boat than a $100K boat.

It was behind Mark & Eileens house in Key largo on the lift. I'm not sure it was really 'for sale" in the usual way. It is clean for sure. Also, the old price was with no trailer.

http://www.offshoreonly.com/classifi...o55883-en.html

Strong cult with these.

The Skater is going next year no matter what. I have 2 bucket list items I knocking off (KW and Miami Boat Show run). I'm thinking long term about a less expensive, more "I don't care" type of boat I / we could trade every couple of years.

Hey Ortho, Taking a guess here.........If it's equipped with Mercury Racing power and drives (insert high end powerboat here) it will have better resale value. Power and drives are a big $ part of the game. There are members on the board that change powerboats quite often.....they would know best, of course.

you will not lose a dime on any boat if you buy it right.

I hope to learn from the master some day. :) Gotta start small Sensei.

except that one.....salt water submarined then stripped/repo'd and patched back together. When it was 4 years old it had 400 hour 525's, brand new XRs (theft replacement), cold a/c and genny with a flat screen on the wall and it sold for 150K.....The best thing about this boat now is the power!

lol. I guess we'll check that one off the list.

Kinda like a red 36 skater at Texas repos.

That sucks, its a rare boat.