Best Resale Powerboat
#1
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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?
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?
#2
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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.
#3
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?
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?
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.
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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.
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.
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.
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.
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
#5
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
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
#7
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Just wondering how you come up with 12k to and from florida? Does that include a concierge transport service?
Last edited by davidmercury; 02-23-2014 at 02:22 PM.
#8
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$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.
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.
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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
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