When do you make the decision to part out versus selling???
 

At what point do you go all in and decide to part out a boat, no matter if it's in great condition or not? My heart says don't tear apart something you put a ton of money, blood, sweat, and time into but bottom line is that I will NEVER get back what I put into it and I have gotten zero bites with it priced as low as I am willing to let it go for whole. I did some quick math and know I can make more by taking the time and parting it but I am having a hard time pulling that trigger.

Why did you do all that work then pay a thread about ho much you love it, now it's for sale and maybe getting parted?:faint2::hitfan:

Because life circumstances change. Two years ago when I started that project things were much different than they are now. Trust me, I am torn on what to do and if I don't do anything that's ok too. I do love the boat, that's the biggest problem.

What are you asking for it?

75k

http://www.offshoreonly.com/classifi...ng-o67254.html

Another option is to get good down payment and finance the balance. Most banks are not fianceing used boats

Never. I can see getting a down payment and the first time out the guy hits bottom and blows two motors while his friends spill red wine all over my white upholstery and puke in my cabin. Then they pull it out of the water and cut the corner too sharp and hit a telephone pole with the trailer smashing the hull and ripping all three axles off of the trailer. I have bad luck already, not going to compound that. 70K down payment and you owe me 5K tomorrow before I hand you the keys.

Man I'd hate to see that nice of a boat not live on. i think you'd have no problems selling the engines and drives. Trips are always a tougher sell. Might be some folks out there looking tor a hull to drop their big power in and convert it to twins.

Timing is everything, and right now i s a buyers market, end of season and all. If no interest late winter or spring then maybe. I'd have a tough time parting after all the work and cash put in.

Damn I'd hate to see that boat get parted.

Tough call. Looking in the Fountain classified for all of 30 seconds, I did see two newer comparable boats for the same or less $$.

very nice looking boat
but a 91 straight bottom 42 ,,,,with tripps,,,, is 2 big factors deturing a potential buyer
and as stated there is stepped hulls "trying" to sale in same ballpark and still for sale
I have a nice little 27 for sale for 1 penny on the dollar spent on a full resto
and still sitting,,,,as stated end of the season,,,,buyers market,,not sellers,,,,
good luck as it is nice

whatever life circumstances have changed for you, i hope they are short lived, and things get right for you.
whatever decision you make must be in your best interests.

that is a beautiful boat and as i said before you did a fantastic job on her.

I have a friend who has put a ton of money into a 28 foot velocity and he tried selling the boat by pricing it to include all of what he spent on it. Blows my mind. Looks like a nice boat. With that said just because you put xxx into doesn't mean you will get it back. One thing I've learned is when a boat is priced right for the market it will sell. Bottom line it's priced too high for the market. Sad but true.

If you will get more money parting it out that would be the best financial option. If not you will get pennies on the dollar for all money spent. Best of luck looks like a nice boat.

You will peddling parts forever at way less than 50 cents on the dollar , been there done that drop price and let it go .

What are you assuming you can get per engine with exhaust?

Anyone know what the older triple Hustler sold for that recently started at $99, then $69 if I remember correctly?

Had a triple 95 hustler 40 fiore with 700 hp natural aspirated motors. Drives done up well. Turn key boat. Great condition.Newer interior and top, on and on and on. Sat on a Eagle trailer. Sold for 60k

It's hard to sell a older boat. No financing so you need a cash buyer.

If you part it plan on selling stuff for years, Ive tried to go down that road before. Some things sell right away others takes forever and you give them away just to get them out of your way.

I would think even a low offer on a complete boat will be worth more than parting it out over a couple years. Worst part is once the power/drives are gone then you are down to $50 parts and the hull will probably not be worth anything (due to all the parts it needs to be complete again!). So you are staring at a stripped boat taking up space and it gets more aggravating.....

Talk to Gordan. "Smokin Gun" on here. He has parted out a ton of boats, and seems to know the best path.About 10 years ago he took my 312 Fastech that sank and took every last nut and bolt from it. Brought me back my bare hull, which I had to document disposing of per insurance co. request. Great guy.

One of the lessons my father taught me and I have tried to install in my kids...if in doubt do nothing, the path will ultimately show itself. In your own words you have the flexibility to do nothing...so don't do anything. You've a fine boat that obviously has seen a lot of investment and been a labour of love. Be patient.

People will buy the motors and drives (depending how they are priced). The rest will take you forever and the less stuff on the hull the less chance it will ever sell.

Ive cut up and disposed of a 25.5 IMP and didn't like doing it. Sucks thats how things go. I'm just very careful at picking my purchases that if i'm stuck with them for life I want to make sure i'm still happy 30 years from now. In fact I may be making another purchase this week. But all in all yea it sucks. Hope you make the best of your situation.

Don't part it out. Will never work out financially. Just drop price till it sells. It's priced to high for the buyer that would buy it. Good luck.

How much is your time worth? If the boats not selling its either price, product, or condition. Market for boats today is the same as a snow mobile in July. If you can wait, sell early spring and price to sell. To get a serious buyer you need to be a serious seller.

I parted out my last boat a 31 scarab and came out much better than I would have selling it whole. My current boat I know that if I ever go to sell it I will be parting it out also. When you do your math I would do it with selling the engines amd the drives and then like stated earlier the best chance of getting rid of the hull will be with it fairly complete. If you take off the transsom assemblies steering and other stuff it's basically going to just be a bathtub.

Regardless of dollars in. 75k for a straight bottom triple boat isn't going to happen. Ever. You can get twin step stagger 42s for that money. Nice ones.

Part it out then put an auction on the Outerlimits thread to cut the beak off

Closest 42 big step staggered I see here on OSO is 95,000. That's with 525's and no trailer and most likely salt water. Everything else is WAY over 100k. Funny how people ask that kind of money for an old tank of a Cigarette and nobody bats an eye.

Atleast you didn't use the "A" word.....:D

http://www.offshoreonly.com/classifi...re-o65599.html
This is the closest competition for a triple engine Fountain. (asking 99K for a 47 triple 500 efi)

http://www.offshoreonly.com/classifi...88-o67013.html
This is your closest competition in the age/size bracket. (asking 55K for a red 40 ICBM Fountain)

I would suggest doing the math on what you can get parting it out with the main items (Engines, Drives, Transom Assemblies, Exhaust, K-Planes, Steering, Gauges, Trailer, etc) and see what amount that comes out to. Then decide which way makes more sense to part or sell complete. I would agree with the others that unfortunately a straight bottom triple is not most people's choice when spending that king of money (even though I'm sure it's a great boat) so it's likely going to be a limited group of buyers looking for that boat.....and then they have to be willing to pay big money for it. Best of luck with your decision

Selling boats, no matter what the reason, is a nightmare. Tire kickers, self appointed experts, unqualified surveyors, financing dramas, on-line shoppers, dreamers, bargain hunters etc, etc, etc. Sounds like you're gonna do your nutz, welcome to the club.

The longer a boat is advertised and visible, the more it's price drops. Sports boats that get seen on the market for months on end gain a stigma and everyone starts asking what's wrong with it. Must have big problems.

If you really want this boat sold, advertise it all over the place, on every free website you can think of and a handful of paid ads too. Give to brokers (non-exclusive of course), just do anything you can to get it noticed. Most importantly, cut your losses with a fire sale price now, not in 3 months time. Don't let it sit long enough for people to start asking why it hasn't sold.

Your boat sounds great and I'm sorry it doesn't suit your needs. I don't know the value of it but most here think it's less than 75k. Have a think about what you would pay for it if you were the buyer.....?

Lastly, when advertising cheap, let everyone know your finances are very strong and that's why you can afford to sell it cheap! The money loss doesn't matter to you but you want something different and don't have room to store the extra boat. Buyers are all looking for a desperate seller and then when they find one, they start to question if the boat is properly maintained. THIS IS NOT YOU, YOU'RE NOT BROKE AND YOUR BOAT IS IN EXCELLENT CONDITION.

Just my opinion, wish you all the best with a sale.

RR

Guys are crazy on old Cigs too... they don't get that kinda coin....

I have parted a few boats but they gotta be the right deal to come out ahead, yours is not gonna pull nearly 75,000 in parts based off what I see things actually sell for...

Engines you may see 7500 each complete so 22,500
Drives lets say 3000 each that's 9000
exhaust 1500 each for 2 engines with normal tails, less for 3rd setup as will be a hard sell... sooo 4000 ish...
steering 1500 ish
props most likely sell as a pair so 600-1000 depending...
gauges 1000 ish
trailer probably 6-7500

that's all the big stuff... the rest is a hard sell.... the empty hull you gotta give away basically, so pumps, stereo, interior parts and all the BS lets say adds up to 5000 even 7500...

that's 53,000 figuring 7500 on trailer, the prices I listed are what things generally sell for not what people ask, I wheel and deal A TON or stuff... sad reality is the 53,000 is probably about what you might get for it whole, there are some sweet deals out there... that's what kills it... the older the boat the better you are off parting it... yours is in that spot that its not worth it to part it out..

A 3 engine boat.. F that, I`d rather eat a bullet. I`m tired of dealing with 2 of everything much less 3.

A guy that once had a triple 1000 Scarab told me if your boat needs 3 engines then it is too heavy!

Anybody know where 1000 islander (the OP here) is at? He was selling 3 Hardin sea strainers, I bought one from him and haven't heard a word since. Tried PMing him several times. What makes me kind of nervous is he must of deleted the thread for the strainers in the swap shop because I can't find it now...

The thread was deleted 1-25-17 by a mod because he posted they were all sold.
The thread title is still there in the swap shop, but shows deleted due to sold.
The thread can be reopened by a moderator if needed.

I see, thanks for the heads up griff. When I would try to search for it it would not come up. Hopefully it's just an instance where he's busy and UPS or whomever is slow....

I bought the other two and am having getting ahold of him. He finally replied after nearly a week of me asking for tracking info. He said he was out of town working. I ask since asked for tracking info several time, but I get no response. I just want my $hit I paid over a grand for. I emailed him again this morning, hopefully he sent them out and this doesn't become a bigger issue. Very sloppy way to manage your business nonetheless.

Yes poor way of doing business. I am glad that the other two did in fact sell and that's why the thread was closed. Hopefully they get out or are on there way now and haven't or won't be just thrown in a box.

IGetWet, I'll let you know if mine show up, please let me know if you get yours. Thanks