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-   -   Used boat prices/short supply looming? (https://www.offshoreonly.com/forums/general-boating-discussion/327150-used-boat-prices-short-supply-looming.html)

32fever 06-11-2015 02:09 PM


Originally Posted by Nate5.0 (Post 4316104)
No.

I didn't mean it that way. Only value I have added is the trailer it never had but if someone wishes they can buy the boat without it for cheaper than listed.


Love your Sonic, one of my favorite paint schemes. Someone pointed out (Jup Sun I think) that what you paid is what it is worth. Meaning that, if you bought it at that, someone else probably will too. If an amount higher than that was too high for you, others will probably think the same way. People want to feel like they got a deal. You very well may find someone that thinks a higher number is a deal still, but it just make take longer.

The only thing that would keep me from really being a strong buyer for your boat (if I were in the 358 market) is that I'd probably wait longer for a 500efi boat so I know I can knock the 75 mph door. However, for the person looking for turnkey reliability for hundreds of hours, yours looks to be a killer combo. It's just timing with that right person. I think at 63k you have in it, it's a deal for someone else, and you lose nothing over your investment (you can't count storage, fuel, etc). That's a phenomenal boat purchase outcome if you ask me. I'd look at that, as Sheen would say, as #winning. Also, keep in mind, for that boat listed at 69k, many offers will be 30-40k, reasonable offers will be 50-60k to start. The other factor for someone like me in fresh water, is the type of water it was in over it's lifetime to date. In any case, I wish you luck with the sale. You're in a good position with it, so you'll be fine, as boat buying and selling goes. I know I'd like to see someone by me towing that around.

Nate5.0 06-11-2015 03:02 PM


Originally Posted by 32fever (Post 4316351)
Love your Sonic, one of my favorite paint schemes. Someone pointed out (Jup Sun I think) that what you paid is what it is worth. Meaning that, if you bought it at that, someone else probably will too. If an amount higher than that was too high for you, others will probably think the same way. People want to feel like they got a deal. You very well may find someone that thinks a higher number is a deal still, but it just make take longer.

I would have paid more. I paid what I paid cause it was listed while I was in the same town looking at another boat. Listed Friday and I bought it that Sunday.

I feel it is worth more and that I got a deal. I even feel at it it's current price it is a good deal. At the end of the day it is irrelevant what I paid for it but some guy always have to has his nose in others lives.

If you paid $100k for a home can you not list that home at a higher price if the market warrants that or cause you got it for a good deal?




The only thing that would keep me from really being a strong buyer for your boat (if I were in the 358 market) is that I'd probably wait longer for a 500efi boat so I know I can knock the 75 mph door. However, for the person looking for turnkey reliability for hundreds of hours, yours looks to be a killer combo. It's just timing with that right person. I think at 63k you have in it, it's a deal for someone else, and you lose nothing over your investment (you can't count storage, fuel, etc). That's a phenomenal boat purchase outcome if you ask me. I'd look at that, as Sheen would say, as #winning. Also, keep in mind, for that boat listed at 69k, many offers will be 30-40k, reasonable offers will be 50-60k to start. The other factor for someone like me in fresh water, is the type of water it was in over it's lifetime to date. In any case, I wish you luck with the sale. You're in a good position with it, so you'll be fine, as boat buying and selling goes. I know I'd like to see someone by me towing that around.
Some will want 500 or even 525's and some wont. I am one that didn't. I never wanted a blue motor cause I wanted the turn key factor. I know there is some though that want the speed over that and I totally get that.

As for getting my boat for $63k......not going to happen. If that also turns someone off then end of day they were not my buyer. The boat is pretty much at it's bottom point for me. There is no rush so when it sells it sells kind of thing.

As I said the price was lowered 2 weeks ago and since then I have got many appointments and looks as well am currently dealing with one person right now and their bank but we will see how that pans out.

Also the fresh water thing to me is dumb...i get it to a point but end of day the boats everyone here drools over run in salt and do poker runs like Key West. My boat is closed cooling, never stored outside, and is washed and gone over religiously. There is no reason to worry about a Salt water boat from someone that actually takes care of theirs.

Nate5.0 06-11-2015 03:08 PM


Originally Posted by Speedracer29 (Post 4316241)
Plus, once it's been dunked in LOTO, it's a freshwater boat. It'll sell within a week after it gets the freshwater designation! LOL


I really would love to bring it up for the shootout, use it, and then just leave it there.

hurryup 06-11-2015 03:10 PM

I understand that the older the boat the harder the sell in my case I agree that this good used boat is certainly entry level big water boat as now .
I believe that where it was used who used it and how well it was taken care of is all factors. My boat was a Kentucky lake boat until 2012, it was used on weekends by a guy who had a house boat on Lake Cumberland. It was garage stored when not in use. He put some money into it to bring it into the 21st century. I have been using it in the salt and fresh waters of NY since 2012. It is a great boat with a lot of service life left
Certainly a entry level but it is not beat very clean and has all you need for fun if you like to go 60 mph. I get that's not as fast as some of us want to be going but its fast for the guy who is running a old sparkly colored Baja and wants to have way more room and big water reliability and range.
Used boats do sell older ones too mine will go eventually and ill get something else .
why doesn't a classic boat hold value if up kept or even gets a restoration compared to a older car ?
If your sonic was a car from that year what would it be and how has that held its value ???

PARADOX 06-11-2015 03:26 PM

Being from Chicago and boated all over the Midwest, including the Mich. I would NEVER by a boat that's been winterized and stored in freezing temps. If a salt water boat is taken care of, (and I only assume when you talking about 100K's it is taken care of) I rather look at a salt water, well maintained boat then a frozen popsicle from the North. many don't understand the detrimental effects on a boat and fiberglass when it's in a freezing environment. Rubber, gaskets, moisture in the motors and drives, hairline cracks etc. etc. Even if it's winterized right. And believe me, even many of the "expert" marinas or service people won't do it right. Salt is not the problem. Freezing is, and lack of proper maintenance.

Interceptor 06-11-2015 03:46 PM

I think one of the biggest turn offs in the used performance market is the hull color and graphics. The paint and whatever design that's applied is so subjective. Although it looked good to whoever applied it and the original owner years later it may be hard to find another person with the same tastes. Sometimes less is better. An all white Top Gun or 42' Fountain will look good for a decade but a zig zag multi-color typhoon swirl with lightening bolts is outdated quickly.
ed

PARADOX 06-11-2015 03:52 PM


Originally Posted by Interceptor (Post 4316398)
I think one of the biggest turn offs in the used performance market is the hull color and graphics. The paint and whatever design that's applied is so subjective. Although it looked good to whoever applied it and the original owner years later it may be hard to find another person with the same tastes. Sometimes less is better. An all white Top Gun or 42' Fountain will look good for a decade but a zig zag multi-color typhoon swirl with lightening bolts is outdated quickly.
ed

I hate to agree with you but I do. I love my Avanti paint scheme, and based on some comments many do as well. But... some one also has to like it as much as I do to buy it. Hopefully there is a nut like me out there. :)

Nate5.0 06-11-2015 03:58 PM


Originally Posted by PARADOX (Post 4316400)
I hate to agree with you but I do. I love my Avanti paint scheme, and based on some comments many do as well. But... some one also has to like it as much as I do to buy it. Hopefully there is a nut like me out there. :)

The Hustler I almost bought just before the sonic had your exact paint scheme on it. I always like yours a lot.

I am usually partial to just plain colored boats but I always liked my Sonics paint as well.

Speedracer29 06-11-2015 04:21 PM


Originally Posted by PARADOX (Post 4316388)
Salt is not the problem.

False. When impure (cast) iron is in contact with water, oxygen, other strong oxidants, or acids, it rusts. If salt is present, for example in seawater or salt spray, the iron tends to rust more quickly, as a result of electrochemical reactions.


Originally Posted by PARADOX (Post 4316388)
Freezing is,

Partially false. Oxygen and sunlight are, by most accounts, the two biggest deteriorating agents. Freezing water is definitely an issue in confines like blocks and manifolds, where expansion of freezing water causes destruction. If freezing were the issue, we'd never worry about covers, interior treatments, or wax, we'd only have to ship our boats to Arizona for storage, and that's clearly not the case.


Originally Posted by PARADOX (Post 4316388)
and lack of proper maintenance.

Absolutely true.

Crude Intentions 06-11-2015 04:24 PM

Nate you are just too bullish to understand sales. Using your example of what you paid. Plus you're adding price of trailer which was $8500 new? Well it's not a new trailer anymore and therefore in the real world not worth $8500. Yes this goes with everything. So $63 is your break even with an overpriced (beings as it's now a used trailer and not brand new anymore). When was it actually listed? Now take storage and all other costs associated that you wouldn't have had to pay had it been priced right to start with and not based on your overinflated ego of value. The fact your using a broker is your problem and not the end buyers. Boat will sell for what market determines being market value not market value plus commission. Good luck but you're wasting more money than it's worth waiting.


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