Cigarette - The American Offshore Laughingstock
#71
Registered

In other news with Ruiz, his wife Mayra sold the family yacht brokered by George Santos
https://ca.yahoo.com/news/sold-yacht...121406270.html
https://ca.yahoo.com/news/sold-yacht...121406270.html
The following users liked this post:
larslindroth (03-16-2023)
#75
VIP Member


IMHO...current products and all the drama at Cigarette do nothing to diminish the image or mystique of the brand, for 90% of the people on the planet, who don't see nor care about this stuff. All they know is "that Cigarette boat" they saw (which defines ANY offshore style V-hull) sure was cool. Kind of like 'Xerox' applies to all copiers, 'Cigarette' is what people think when they see ANY fast boat.
__________________
Baja 252 Islander
Baja 252 Islander
#76
Registered

IMHO...current products and all the drama at Cigarette do nothing to diminish the image or mystique of the brand, for 90% of the people on the planet, who don't see nor care about this stuff. All they know is "that Cigarette boat" they saw (which defines ANY offshore style V-hull) sure was cool. Kind of like 'Xerox' applies to all copiers, 'Cigarette' is what people think when they see ANY fast boat.
The following 3 users liked this post by boatfreak:
#77
Mod Squad Enforcer

Join Date: Nov 2002
Location: On the way to a PR near you
Posts: 12,919
Received 693 Likes
on
226 Posts

IMHO...current products and all the drama at Cigarette do nothing to diminish the image or mystique of the brand, for 90% of the people on the planet, who don't see nor care about this stuff. All they know is "that Cigarette boat" they saw (which defines ANY offshore style V-hull) sure was cool. Kind of like 'Xerox' applies to all copiers, 'Cigarette' is what people think when they see ANY fast boat.
The following 11 users liked this post by Cash Bar:
bajaman (03-16-2023), DrFeelgood (03-16-2023), Fountainman (03-16-2023), IGetWet (03-16-2023), Indy (03-16-2023), JaayTeee (03-16-2023), Knot 4 Me (03-16-2023), larslindroth (03-16-2023), Plowtownmissile (03-16-2023), Smarty (03-16-2023), xlint89 (03-16-2023)
The following 4 users liked this post by ICDEDPPL:
105Fountain (04-05-2023), Cash Bar (03-16-2023), underpsi68 (03-16-2023), Wildman_grafix (03-17-2023)
#80
Registered

What's sickening is that there is 80k of that in motors so you're paying 250-260 for a 29 ft boat that honestly hasn't changed too awful much in what 10+ years? I mean of course controls and everything are updated but I think that hull is basically the same as an early 2000's? I'm not very hip on velocities but other than having outboards it looks the same to me hahaha
So that begs the question...is it better to buy a 2004 with a bad motor for say 50 if it's nice then convert it to outboards which will likely cost 50k or better to have it done then 80k in motors and you're at 180k for a 20 year old boat that's essentially the same really. Add interior, stereo, controls, and gauges and you're probably another 50k so now you're at 230....so what are you getting for an additional 100k? The ability to finance it if you don't have the cash to perform a rebuild as listed above and a possibly "better/more efficient" hull? Doesn't seem right to me at all....if that boat was listed at say 230 which I believe it honestly could and should be they would probably sell the sh!t out of them! That being said...if that was the case and the cig version was at the 300k mark I could kind of see that as like anything else you are buying a name and allegedly a better boat. But that priced where it is a cig version would no doubt be 450-500k and nobody in their right mind would pay that IMO.....
So yeah...moral of the rambling....everything is too damn expensive and I think the price gouging and the "elites" paying the ridiculous prices has led to where we are in the industry honestly.
I have no idea but what did a new 38 TS gun cost in say 03-04 and what would it cost now for the same exact boat?? I bet it makes the obsurd inflation numbers look small.....
So that begs the question...is it better to buy a 2004 with a bad motor for say 50 if it's nice then convert it to outboards which will likely cost 50k or better to have it done then 80k in motors and you're at 180k for a 20 year old boat that's essentially the same really. Add interior, stereo, controls, and gauges and you're probably another 50k so now you're at 230....so what are you getting for an additional 100k? The ability to finance it if you don't have the cash to perform a rebuild as listed above and a possibly "better/more efficient" hull? Doesn't seem right to me at all....if that boat was listed at say 230 which I believe it honestly could and should be they would probably sell the sh!t out of them! That being said...if that was the case and the cig version was at the 300k mark I could kind of see that as like anything else you are buying a name and allegedly a better boat. But that priced where it is a cig version would no doubt be 450-500k and nobody in their right mind would pay that IMO.....
So yeah...moral of the rambling....everything is too damn expensive and I think the price gouging and the "elites" paying the ridiculous prices has led to where we are in the industry honestly.
I have no idea but what did a new 38 TS gun cost in say 03-04 and what would it cost now for the same exact boat?? I bet it makes the obsurd inflation numbers look small.....
I'm actually shocked at the CC market. People are spending a lot on boats coming from manufacturers that are relatively new to the CC/outboard market. Grady White, Pursuit, Boston Whaler, etc build top quality CCs and have more experience at it. Hell I'm shocked anyone that is in the market for million+ CC is looking at anything other than a Midnight Express. They've been at it a long time.
The following users liked this post:
315duramax (03-16-2023)