REDDEATH, Did you take any additional pictures of the boat?

Jody i used to run a 31 SUTPHEN which is a SERIOUS boat also.Sutphen owners usually have special needs-interests since they only make a few a year.EVERY boat run in NJ must have mufflers.As far as resale why would i pay top dollar for something that is basically not very high in demand?The selling price to me at least should reflect what the product is worth.Just because i love something does not mean i am willing to grossly overpay for it, not in this market.Let it sit.

PS Larry Smith himself (and i know since i spoke with him directly )will tell you the hull on this boat (as serious as it is) is obsolute .

Storm i was told the boat was in his showroom Instead it was in a short ceiling ,unheated ,dimmley lighted garadge with 4 feet of snow pushed in front of the doors on a 4 degree day.There was no battery power to even open the engine hatches and you could not see too well without flashlights.

Boat is worth what the market will bear. Get it for the best price you can, but at the end of the day, a boat is a horrible investment. I agree you should minimize your losses but buying a high performance boat is one of the best ways to throw away money. We do this for fun and for the love of boats. That boat is one of my top 5 dream boats. One of the reasons is because it is a straight bottom 100mph boat with top shelf equipment and no cabin. It is PURE. That is what I mean by my comment that some people want this boat for the very reasons you are commenting on.

I bought one very similar (see below) but could not afford this one you are looking at cause it was $275k at the time (2002ish). If you love the boat, get the best deal you can but buy the damn thing for crissakes. You cannot force this to make economic sense even if you get it for 60k. Boats don't make economic sense at all :D

Good luck and post some pics when you get it home!!!:cool-smiley-011:

Jody i am not looking a boat as an investment ,i am looking to minimize my loss when i sell.The particular boat we are talking about is overpriced plain and simple and is not exactly a hot commidity (all high performance are taking a hit but ex race boats especially )as evidenced by the fact that its been for sales for many years.The extra money is better in my pocket then the sellers.If not there are many more out there

Is this just because it's not a stepped hull design?

Exactly,Larry claims the stepped hulls are worth approx 10-12 mph (power for power )over the non stepped and still maintain the great rough water ride.

PS he also warned me (interesting enough )to be extremely careful in buying a used raceboat because in alot of cases by the time the buyer is done with the rebuilds,refinishing ect he will almost be at the cost of a new hull running rebuilt engines (a fully prepped new hull with tanks ,guages,tabs ect is around 105 grand )

UNLEASHED..................one of my favorites and sold fairly cheap from what i remember (around 80,000) one bad as$ piece of machinery....

scarab
 

Reddeath ! I don't know you,but you should be a salesman.You sold yourself right out of that boat.But think this way,anybody can have a new step bottom boat.But only the chosen few are able to own a piece of history(older hard core race boats).Don't get mad just my 2 cents. JOHN

Actually my friend who owns a hugh hi-performance (for NJ )when he told me to do the reverse numbers told me i was on crack to pay 70 for the thing since it ABSOLUTELY has no resale.Eleven plus year non cabin race boat hull bolsters ect=10 grand,used non rebuilt Merc 1000=20 grand ,used number 6 wet sump drives 20 grand misc parts and trailer 20 grand.Hey i offered low 70s cash.

If unleashed went for 80 (in a better market )what is this worth.41 Apaches (much better resale than ls Scarab )are going for 125 grand (dry sump 6s much newer engines )

There are no #6 41 APACHES selling for $125,000. You bashed ever 41 you looked at also, like I said before buy dirt if you are so worried resale. Don't buy fiberglass or kevlar if you don't want to spend money. Looks like you lost another one, one of my buddys bought this amazing 38.

Why dont ya just buy something!!!! If ya dont you are going to loose precious advice from people here on what not to buy.......Then you will be buying blind.....It always helps to have others input......


Ever heard the term sh!t or get off the pot?

NOT TRUE PREDITOR sold for 125000.00 and was a 6 drive boat with new power

Your FRIEND who may have bought the boat (unseen)CALLED ME numerious times involving the condition OPENLY ADMITTED he will put way over 150000.00 into the total project to get it correct.This was the exact situation i wanted to avoid.ALL in all there is a reason MOST BANKS will not finance 11 year old ex race boats.

Another example the Lynch Mob Racing 45 Apache number 6 drive boat (for sale now ) can be bought for approx 125,000.00.So i guess Apache with6s and 1000s DO SELL for that.Also INEXS is out there in that range which as you know is a 47 Tripple engine boat with 6s

You tell 'em Joe.

I don't think you can get a new Larry Smith hull rigged with tanks/gauges/tabs/etc for $105k. Unless it's built with a chopper gun. Larry used to sell bare hulls with NO rigging for over $200k and I would expect the price is higher now.

Good luck.

You're exactly correct about this boat. It is what it is. I own a TS boat and wanted this one for exactly what it is. It will be delivered in a few days. Have not seen it or been in it but the seller (Jim Earle) has been great to work with, and if a few things check out its a done deal. I know I will drop more money into it, but still feel in the end it will be a great boat for me for some time. Unfortunatley the buyers for this type of boat are few and far between, and I will get hossed financally in the end. However boating is cheaper then therapy, and my kind of cocaine (meaning every one likes a high, just so happens my cocaine is boats and its legal:)

That's cool ....I would love to come see it when ya get it......Ohio area, lake erie right??......Awsome boat wish i had the dough....

LEOPA has some cool poker runs, Jeff Wilson throws a poker run (baja sponsored), and roger from the board throws a great fun run some time in June. Every weekend is a blast, 4-5 boats always meet up and try to drink the islands dry (no success yet)

I remeber seeing your old cigarette before, the purple and white one right?......You have had some nice hardware....

I spoke with him(l s) approx 9 months ago.The price of a 38 (no cabin ) basic interior set up no engines ,drives,headers exhaust BUT with tanks tabs ,guages throttles was Approx 100 grand (depending upon the cost of hull material)That cost came right about the time he got involved with Eliminator.

Best of luck with the boat .Your exact points here are what i have been trying to express on this particular thread.

Hunster, remember there are no 41 apaches selling for 125 grand .I guess SLeafs 41 Apache Warrior that sold last month for mid 40s was an imitation Apache .

There are no big powered #6 APACHE going for 125.

Preditar a 41 apache was sold last year for 125 grand (twin 1000s number 6 drives)The Lynch Mob Racing is a 45 Apache with twin 1000,6 drivess and can be bought right now for 125 .INEX is a Tripple engine (1000 each )that can be bought NOW for 125 .

As much as you dont want to admit it( because it certainly will devalue the 20 year old Apaches that owners are asking 300 grand for) simply check the offshore only classifyeds all the above APACHES I listed are 6 drive and thouand horsepower per engine.

Did you get the boat yet?

Ouch

Bad question?

Call me if i can help.

Yea but the warrior boat needed a complete redo which its getting, and INXS pretty much needs a full redo. The 45 is about the only one thats a deal out there. From the looks of it the Scarab doesnt need that much work, only with the motors if there was a problem.

I traveled to Canada and can tell you one thing for certain EVERYTHING (though it appears to be in good shape )is 11 years old and one can and will easily spend way over 150 grand minimum total price within the first year of owning it.Earle wanted 90 , i offered 70 cash ,My bid reflected the above.(Basically there was no way in the world i was going to spend 150 on a boat that was ever worth more than 70 no matter the shape its in .Not in this sales market.)

It's supposed to be delivered on friday. Was supposed to come last week, but had a problem with transporter.

Congrats JB ! Thats always been one of my favorites ... Saw them poker run it ... and race it many times .... including Key West . Looking forward to seein it on the rail , and goin for a ride also !!!

And yes , get the checkbook ready !!!!

That boat was first owned by Bill Leslie. It was run out of Huron Pointe Marina in Harrison Twp. Michigan. It was used in poker runs while he owned it. Those engines at that time sounded incredible. It ran 100+ MPH. Freshening of the engines was recommended after 40 HRS. of operation.