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-   -   Hustler 32 LE (https://www.offshoreonly.com/forums/general-boating-discussion/381580-hustler-32-le.html)

slow_boat191 02-03-2024 10:23 AM

Hustler 32 LE
 
Hello,

I am new here and am mostly here on behalf of a busy friend I'm trying to help with a boat, I don't do any kind of boating myself. I apologize if I'm in the wrong forum, just looking for some guidance :)

He picked up a 1988 Hustler 32 LE maybe a decade ago from the Kerr Lake area (Virginia), so I figure it's been fresh water use. Twin 454's, Fairly clean, with a quick look I don't see any hull damage or cracking in the clear coat but I've not looked really hard. I can assume the motors will need typical work from sitting, I don't have much hope that they are in great condition from sitting so for now I just view them as projects themselves but were in working order before storage.

His plan was to restore the boat and it'd be a fun project but we were discussing maybe just selling it as-is to raise funds for other stuff. I have been trying to figure out its market value and where best to post it when I found a few examples on this website. Hustlers do not seem very common but there does seem to be a a fan base for the old Hustlers when they are posted.

I was wondering if anyone might have advice on what the boat as a "project" and tri axle trailer would be worth. I've seen a few boats similar to it listed with no power or as projects but the Hustler 32 itself isn't common enough for me to get a good idea of what they are typically sold for, or even if there's a demand for them anymore.

10 post limit or I'd throw up some pics, she's black with a nice (realistic) flame from tip to about mid hull




slow_boat191 02-03-2024 11:46 AM

Sorry, I just saw where it said "no classifieds" in general discussion, is there a way to move this to an appropriate thread?

F-2 Speedy 02-03-2024 11:52 AM

Its fine here you are asking for information about its value, if you list it for sale it needs to be put in the classifieds.... its pretty much impossible to put a # on it without pictures and more detail.

johnmiffco 02-03-2024 12:03 PM

i have a late 1995 32 hustler that i just finished my full out resto on and got on the water last july
most will tell u that knows the hustlers that mike fiore built from 1997 down as he sold company and went to outerlimits
were awsome boats for their day,,,all hand laid hulls,,,no chopper gun stuff,,,,
the 32 was very fast hull and was awsome on the race course,,,,,,hard boat to beat in the 80-90s
skinny deep vee for the rough water handling,,,,
but in todays world of the cost and time to do a resto be a tuff sale to get much for any older project hull
i always loved the ride of the 32 and always wanted 1 of the last 2-4 made as he did more foam coring in them and lighter layps with some extra framing
so this 95 popped up and i grabbed it,,,i have a shop that i do custom mods and restos
so cost me a lil less having accounts with vendors and my labor/time not added to my cost of my own resto
so by time do new paint,all new interior,,,upgrade electrononics to todays tech,,,build new motors,rebuild trailer,ect
well over 100 invested and hard to try to get that back on resale,,,
so gotta love the boat to do it
hers pics of mine,,,,chopped out the dash and redesigned for garmins,,,new seperate shift and throttle set up ,,,all new wiring,guages/harware on whole boat,,all new interior,,,awlgrip paint ,,blueprinted bottom,,,new reinforced transom for tripple 300s,,12 jl stereo system on 3 jl amps,,all new white lighting throughout boat and leds throughout also,,on and on,,,just finished the bottom blueprinting and rebuilt the trailer with all new bunks,lighting,all new 4 wheel disc brakes
i love the ride in the slop as i run in bays and gulf and boat eats up 3+ers like a bigger boat ,,,goes past 110 in light chop, and i set it up and propped for the snot not max speed,,,so was worth it to me,,,,
https://cimg8.ibsrv.net/gimg/www.off...92108b3fc8.jpg
https://cimg5.ibsrv.net/gimg/www.off...ea45a3fab1.jpg
https://cimg7.ibsrv.net/gimg/www.off...7ae9d3142e.jpg
https://cimg9.ibsrv.net/gimg/www.off...5359d7b210.jpg
https://cimg3.ibsrv.net/gimg/www.off...298798070a.jpg
https://cimg4.ibsrv.net/gimg/www.off...dd8da5c5f9.jpg

slow_boat191 02-03-2024 03:03 PM

That is a gorgeous looking boat, one that I came across when research my friends 32. I know from cars and bikes at least that you never really recover your costs except in cases of rare models maybe. It's one of the reasons I think it'd be better to let someone else make it theirs; I imagine people would like something more modern than the old 454s that are in it.

slow_boat191 02-03-2024 03:05 PM


Originally Posted by F-2 Speedy (Post 4890025)
Its fine here you are asking for information about its value, if you list it for sale it needs to be put in the classifieds.... its pretty much impossible to put a # on it without pictures and more detail.

I will throw up some pics later when I get a post count high enough. Next time I'm over there as well I would make taking a look at the interior and see what the damage is on that, I know it's been covered until recently but we all know how that goes.

johnmiffco 02-03-2024 03:18 PM


Originally Posted by slow_boat191 (Post 4890039)
That is a gorgeous looking boat, one that I came across when research my friends 32. I know from cars and bikes at least that you never really recover your costs except in cases of rare models maybe. It's one of the reasons I think it'd be better to let someone else make it theirs; I imagine people would like something more modern than the old 454s that are in it.

tks,,,,i do lots of restos and lot involved in redoing dashes and other components to be able to use todays electronics old hull had smaller dashes filled with guages and no room for big screens and smartcrafts,,,,so the custom fabbing gets up there,,,lol
i still used analog tachs and water pressure guages and pop up indicators as i like them in my peripheral vision looking ahead at the water in the slop than looking down at a screen
but with the 2 garmins still have smartcraft to pull up if want
but did come out nice and did the tripps as i get 50+ miles away from my trailer all the time,,,,and if hurt a motor still jump on a plane and cruise back,,,,
looking forward to poker runs in it this yr,,,
u can email me pics and i can post them for u,,,
as stated need pics of whats there,,,,,

Griff 02-03-2024 09:10 PM


Originally Posted by slow_boat191 (Post 4890024)
Sorry, I just saw where it said "no classifieds" in general discussion, is there a way to move this to an appropriate thread?

Your discussion thread is fine here. I'm a moderator on OSO.

Based on what you are describing about the Hustler, its probably worth somewhere between 5k and 20k and very dependent on the condition of everything

Twin O/B Sonic 02-04-2024 06:31 AM


Originally Posted by johnmiffco (Post 4890026)
i have a late 1995 32 hustler that i just finished my full out resto on and got on the water last july
most will tell u that knows the hustlers that mike fiore built from 1997 down as he sold company and went to outerlimits
were awsome boats for their day,,,all hand laid hulls,,,no chopper gun stuff,,,,
the 32 was very fast hull and was awsome on the race course,,,,,,hard boat to beat in the 80-90s
skinny deep vee for the rough water handling,,,,
but in todays world of the cost and time to do a resto be a tuff sale to get much for any older project hull
i always loved the ride of the 32 and always wanted 1 of the last 2-4 made as he did more foam coring in them and lighter layps with some extra framing
so this 95 popped up and i grabbed it,,,i have a shop that i do custom mods and restos
so cost me a lil less having accounts with vendors and my labor/time not added to my cost of my own resto
so by time do new paint,all new interior,,,upgrade electrononics to todays tech,,,build new motors,rebuild trailer,ect
well over 100 invested and hard to try to get that back on resale,,,
so gotta love the boat to do it
hers pics of mine,,,,chopped out the dash and redesigned for garmins,,,new seperate shift and throttle set up ,,,all new wiring,guages/harware on whole boat,,all new interior,,,awlgrip paint ,,blueprinted bottom,,,new reinforced transom for tripple 300s,,12 jl stereo system on 3 jl amps,,all new white lighting throughout boat and leds throughout also,,on and on,,,just finished the bottom blueprinting and rebuilt the trailer with all new bunks,lighting,all new 4 wheel disc brakes
i love the ride in the slop as i run in bays and gulf and boat eats up 3+ers like a bigger boat ,,,goes past 110 in light chop, and i set it up and propped for the snot not max speed,,,so was worth it to me,,,,
https://cimg8.ibsrv.net/gimg/www.off...92108b3fc8.jpg
https://cimg5.ibsrv.net/gimg/www.off...ea45a3fab1.jpg
https://cimg7.ibsrv.net/gimg/www.off...7ae9d3142e.jpg
https://cimg9.ibsrv.net/gimg/www.off...5359d7b210.jpg
https://cimg3.ibsrv.net/gimg/www.off...298798070a.jpg
https://cimg4.ibsrv.net/gimg/www.off...dd8da5c5f9.jpg

gorgeous!

slow_boat191 02-04-2024 08:49 AM


Originally Posted by Griff (Post 4890059)
Your discussion thread is fine here. I'm a moderator on OSO.

Based on what you are describing about the Hustler, its probably worth somewhere between 5k and 20k and very depending on the condition of everything

Thanks for the patience and understanding :) I always hate being some random to pop up on a board to ask questions with no idea what I'm doing. As much as I miss the water I'm just not in the position to own a boat of my own at this point.

He had figured about 20k from the book value on it but I don't know what he's into it, you know how people are with their dream projects. They sit too long and they just ain't worth anything, you don't get your money back if you rebuild it, then you justify keeping it instead of losing money which I'm guilty of myself too lol

slow_boat191 02-05-2024 06:49 AM

My friend decided to go ahead and try listing it for sale here and locally but I will have to track down and get a title for it and make sure that's all good before bothering anyone with a sale on it. He bought it as a repo from the bank I believe and isn't sure where the paperwork is. He did also say they were fresh 454's put in it but of course they've still been sitting years. If I have to file for lost title it's a simple process but requires a bond (w/ book value over 5k) here in VA and I know people get a little weird about that so I'd much prefer to get a regular title if I can. Hoping the bank is the last registered owner so it goes easy.

He runs a business and I'm effectively retired so that's why I'm handling things for him, in case any of it sounded weird. Just helping him out.

dykstra 02-05-2024 06:51 AM

Johnmiffco- Gorgeous resto!!!

slow_boat191 02-05-2024 07:01 AM


Originally Posted by johnmiffco (Post 4890043)
tks,,,,i do lots of restos and lot involved in redoing dashes and other components to be able to use todays electronics old hull had smaller dashes filled with guages and no room for big screens and smartcrafts,,,,so the custom fabbing gets up there,,,lol
i still used analog tachs and water pressure guages and pop up indicators as i like them in my peripheral vision looking ahead at the water in the slop than looking down at a screen
but with the 2 garmins still have smartcraft to pull up if want
but did come out nice and did the tripps as i get 50+ miles away from my trailer all the time,,,,and if hurt a motor still jump on a plane and cruise back,,,,
looking forward to poker runs in it this yr,,,
u can email me pics and i can post them for u,,,
as stated need pics of whats there,,,,,

I'm not sure how to go about getting your email, I can't PM yet :)

johnmiffco 02-05-2024 10:34 AM


Originally Posted by slow_boat191 (Post 4890134)
I'm not sure how to go about getting your email, I can't PM yet :)

sent u a pm,,,,should be able to pm ,,,,

Griff 02-05-2024 12:15 PM


Originally Posted by slow_boat191 (Post 4890134)
I'm not sure how to go about getting your email, I can't PM yet :)

Just make 2 more posts in this thread. They can be one word each of nonsense


Originally Posted by johnmiffco (Post 4890153)
sent u a pm,,,,should be able to pm ,,,,

He needs 2 more posts to be able to send or receive PM's

slow_boat191 02-06-2024 08:40 AM

nonsense


:D

slow_boat191 02-06-2024 08:50 AM

non.....30 second pause between posts....sense

lol (I used to run forums so I take no offense to the limits)

Boat was sold at auction at a foreclosure sale by a local bank upon the death of the previous owner to settle his outstanding loan so title work is going to be interesting. Have the bill of sale from foreclosure and statements from the VP of the bank at releasing it, and it was done in 2019 so not too long ago.

Every owner of this boat appears to have defaulted on its loan (3 owners)...currently no liens on it so I guess that's good :)

slow_boat191 02-06-2024 10:50 AM


Originally Posted by slow_boat191 (Post 4890279)
non.....30 second pause between posts....sense

lol (I used to run forums so I take no offense to the limits)

Boat was sold at auction at a foreclosure sale by a local bank upon the death of the previous owner to settle his outstanding loan so title work is going to be interesting. Have the bill of sale from foreclosure and statements from the VP of the bank at releasing it, and it was done in 2019 so not too long ago.

Every owner of this boat appears to have defaulted on its loan (3 owners)...currently no liens on it so I guess that's good :)


Just confirmed that my friend is the last documented buyer with the Coast Guard and no liens so he can sell it, so there'd just be the paperwork that's filed to transfer ownership.

My apologies again for being vastly ignorant of this title and selling process, just really wanted to make sure everything was ok to sell it before wasting anyone's time. I did not know it wouldn't have a state title, so that's new territory to me. I plan on getting some good pictures of the interior and seeing what we can do about the trailer title.

The boat was capped off and winterized by a local company about 5 years ago. Would there be any recommendations on dealing that? Should we bring it out of winterization (he's a mechanic and we're familiar with engines, if not a little naive on boats) or would it be best to let the next owner deal with that?

F-2 Speedy 02-06-2024 12:33 PM

If the fuel wasn't removed before layup you have a huge mess to deal with, I doubt anyone would buy it without hearing the engines run.....good luck

hogie roll 02-08-2024 05:58 PM

Did you get pictures or list it yet?

slow_boat191 02-08-2024 07:03 PM

Yes, sorry I only have some right now. I haven't had time to get back over there to get interior shots and look over the mechanical stuff yet.




https://cimg2.ibsrv.net/gimg/www.off...f476a348b6.jpg
https://cimg3.ibsrv.net/gimg/www.off...9c78953738.jpg
https://cimg4.ibsrv.net/gimg/www.off...7789815311.jpg
https://cimg5.ibsrv.net/gimg/www.off...e4de7eb18b.jpg




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