skater prices
 

hey guys new here. looking at building a custom skater. everything i own i customize. obviously will be looking at resale value right now. custom work aside. i have 2 options... this is what i gather from talking to both sellers.

boat #1 is a 1997 46' with twin 1200's 4 person race boat. needs drives and props. will be put under the knife and the cock pit will be opened up like the pleasure boats with a wrap around wind shield. custom wrap or paint. with trailer. want this as my first choice but my 2500 duramax wouldnt haul it. trailer is only a pintle hitch so i figured the market size would be a fraction of what the 40' would be. because your going to need a special rig to haul a boat of this size.

boat #2 is a 1990 40' skater built twin 598's, speed master 3 drives, rebuilt velvet trans, stelling headers, new interior, will have new paint or wrap. built by don arranow. with trailer. non pintle.

what i was thinking was, with boat #1 being almost 10 years newer, way bigger motors, probably turn out way sicker, obviously it will be worth thousands more than boat #2 but boat #2 would probably sell alot quicker due to the smaller size and any 2500-3500 diesel truck could pull it...

thoughts on this? ive found prices for boat #1 anywhere from 120-190k for that year with similar mods. but i have yet to find a 90 40' for sale anyways so i cant judge on price. and with going through trying to sell my 03 dmax, banks dont loan out on older boats, so unless someone had like 100k at least chilling in an account i would probably sit on these boats for a very long time no matter what the price...

thoughts on prices? been searching and searching but cant find much on boat #2 help would be appreciated thanks...

:daz:

The 40' that you mention is that the "Rare, Rare" boat listed for 15K........I guess Peter would be interested to know Don was splashing designing Skaters

http://www.classifiedads.com/boats-ad63954294.htm

Don't think I have ever seen a set of 3's on a 40 skater

Buy number one and get a custom semi ...:cartman:

order a brand new one..... easier to customize :party-smiley-004:

yes it is. theres pics of it on CL but the paint is the dumbest thing ive ever seen. but i was just curious what kind of prices i could see if i made either of these boats a sweet sharp looking boat? anything to look out for in the 1200's or the 598's? i like the hull of the 40 better, but the 46 is a better deal all said and done. but like i said, i feeel like a 46 would just be so limited to a market... thoughts on that?

im 19, business student and starting to build a custom powerboat shop... not about to order a 400k boat... and theres nothing fun in ordering a new one... trust me, with what i have coming with either of these 2 boats if i pull the trigger on either, if it was possible, i better patten my ideas is all im sayin..

I've got to ask you. Do you know what it costs to run those boats and ownership costs? I thought I read on here your 19yrs old and I think you need to research more.

There are offshore boats I've wanted to buy but the yearly cost to run them is more than I want to spend. While the boat may only cost $250k, they cost $80-100k to run each year in fuel and maintenance. Don't bite off more than you can chew with a high end boat. There is a lot to be said for low maintenance turn key boats.

yes, i know exactly what they cost to run. i have business plan in place and ways to bring revenue to run them. i am researching, ive been building boats and jetskis, and bikes for years. everyone was custom 1 off. i always sell them quick and make a profit. i am not just any 19 year old kid. non the less not what im looking for. i think i may have came across wrong in the original post. i am starting a shop that will restore, modify, flip, fix heavily damaged, high end boats. i have a way of fixing hulls with different technology through our family business that other top notch facilities wont touch. i have been working for some years under other glass repair places along with my own projects. i know what im getting into fully. ive been around boats my whole life, (not race boats) but many types of boats. i am not looking to buy a power boat for me to run with my buddies across the lake... i am looking for boats to find, fix, customize, run it for a month or so until i sell it, then move onto the next. maybe run a poker run or two up at my cottage where My Way and Aquamania reside to market my business.

all i am asking is ROUGHLY what could these boats sell for. high and low side of the scale because mostly all i see selling or for sale are 2004+ All i am really asking. but to answer your question, your completely right, if i was looking at a boat to buy and run and race, it would be way over my head. i researched boat #1 a bit because it was an old race boat that got hit, what i could find was that it was having mechanical difficulty when it got hit. so i am looking more at the 40 right now. also because i would be able to haul the 40 and not need to hire a semi to get the 46 to my shop... but if someone has sold a similar boat or of the sort i would love to have some input.
thanks guys

What do you think the weight difference between a 40 and a 46 is?

not sure off hand. i am just going off that the 40 was hooked up to a ford 350 in some pics the guy sent me so i figured i would be able to haul it to my shop from CT. and all the 46's were hooked up to semi's and 5500's etc.

Before I started to jump to conclusions I would get the hard numbers. You might be surprised ... I don't know the answer but I'm will to bet they are not that far apart. With the type of materials that skaters uses to build there boats and 2 engines and same rigging in both boats....

MiniHawk Sam?

totally agree with you. i wouldnt think they were that far off either i mean, its only 6 feet. and im not going out and dropping 40k on a boat tomorrow, i am doing some research and ive searched all of craigslist, OSO, PBL, etc etc and just figured i would try the skater section for a price. if i can work a decent deal on this 40 i think im going to build it up and hit the miami boat show with a bang. obviously i know its more than showing up and saying i want to display something... but thats down the road. right now i just need to find some general numbers. as to what kind of profit i could see

There's two people that come to mind on here that you should ask: Johnny Saris and Ryan Beckley. They could tell you what to look for and have some leads on boats. Others that you might want to talk to are the major brokers in the nation as they will have a good pulse on the market. You need to be specific on which boats to be able to judge. Engine and drive rebuilds on the kind of boat your talking about could eat up any money you hope to make very fast. I like your enthusiasm for doing such a project and I wish you the best of luck.

Also keep in mind that boats with a bad history will sit and go unsold unless they are priced aggressively. The performance boat community is tight knit so it's easy to find out if a boat has had some issues in the past.

thanks Plowtownmissle, ok, so if you would look at mixed emotions for sale in the sale section. with the huge hole in the hull. that was boat #1... i have a way to fix that boat very cheap for me, and well, that would be the biggest project to date, but if i could fix the hull soundly, and turn it into a SWEEEET pleasure boat, do you think just because of its history no one would want it? or if it is fixed and proven strong would people look past it? i know thats asking to speak for many people but whats your opinion on that? i am not going to do the 46' so i figured it would be ok to post up now.

If the engines checked out on that 46, I don't think you would get hurt on it if the project didn't work out because you could part it out and PROBABLY get your money back out of it. As for fixing it up, ask GlassDave or Peter at Skater on what their thoughts are on doing the repair and pleasure conversion. Jim Lee's 46 Freedom US1 is a race boat converted to a pleasure boat so he would also be a good person to ask about what all is needed to be done.

This message board has a lot of good resources on it. Contact the people who would know exactly what you'd be in for and ask their opinion. That'll be the best way to get your answers.

My personal opinion is that on whatever boat you buy for your project, make sure to figure up what the parts that are included with it are worth so that if things don't work out you can still part out the damaged hull and get your money back out of it.

another thing to consider - even with Skater there is no such thing as a fast turnover for a fast buck.

Every Skater is a custom to the owners preference from power to paint... and to sell it - ya' need the one buyer that is willing to part with their $$$$ on a luxury and have their idea or tasteful custom work with yours.Especially on an older project hull..

Even on the latest and greatest Skater - they are in the classifieds for some time.......

Or maybe a lost Sunkin offspring.

stick with the 46 Its a true skater the 40 you mention is not a skater its a pile of crap that's been living outside for 15 years. The 46 you can tow with a f-250 or f-350 and if I remember correctly the 46 has cobra 1200s its a the better bang for your doller also the 46 being newer you can get more potential buyers

Closer to $40-50,000 a year for a 2002 40 Skater running Memorial to Labor Day on LOTO.

I bit off more than I wanted but now I'm hooked so I would deliver pizzas if needed to keep it :)

You make a valid point. Well I am trying to line up some local business's as sponsors and will incorporate their logo in the wrap to offset the cost of the boat, and I figured a 46' skater with race motors it'll draw alot of attention at the Alex bay poker run and around the docks, it'll make it into magazines, local news, etc because my way and aqua mania already have been for years. The guy with the 40 said its been apart for 3 years and the pics he sent me looked like everything was chilling on the floor of a wet damp room. I'd be curious how low the place in Toronto would go on that 46... The only thing that scares me is I did research and on the google said "owner claims to have been having mechanical difficulty at the time of the accident. I would need the motors to be mint and turn key for me to make any return. If the motors arnt turn key it'll never sell. And for me turn key would be able to run it at like 100 I don't need to do 150 or nothing.

If you have a cottage where My Way resides.....:eekdrop: The last thing I would want is someone else crashed chit box..... Just saying :whistle:

Do you have any pix of the 40 ? Its not a skater so what is it ? That 46 has sat a long time after the crash that would need a ton of work.

This thread has the chance to replace CigaretteSam's stinger project thread as my favorite. Just sayin' :D

As noted some of your previous posts here on OSO. Great reading! :D

Tell us more please! You will get some great feedback on this forum from some highly respected industry leaders. :D

here is this CL ad. he send me motor pics and it was painted yellow, could just tell it looked like it was tired.
http://hartford.craigslist.org/boa/4116847407.html
but could this be a rare hull? like the 38KV?

and ya, last thing i saw after researching was around 2010 was the crash i think i saw. but i would ASSUME that even after a crash like that, they would get the motors ready to sit. not just run it in salt and then just leave it for 3 years... like i said, im doing my research, not saying im headed to toronto to check out the boat.. and sydwayz, im actually good, im going to keep my technology to myself :whistle:
i am headed to the miami boat show this winter to see some boats, talk to some people and make some connections.

since were on the topic, if yall could customize a powerboat, cat, V, or center, what would be a dreamer idea you would do to it?

i am assuming this is the cat they are talking about? i cant get any better pics from the guy so i am just assuming...
https://www.offshoreonly.com/forums/...ow-39-cat.html

Feeling Darrish here

Anyone else?

There was a great thread here on OSO quite a few years ago about slideouts on offshore boats. I don't think anyone embarked on the topic. WIDER Yachts has some new and interesting features. If you could combine the WIDER Yachts expanded deck concept with the RV slideouts advantages I think you would have something!

That 40 ain't a 40 skater it's a 39 aronow cat those 598s and #3s I would stay away from and the 46 didn't have mechanical issues at time of crash it was the boat that hit him in the accident. If I was you I would call Toronto and work a deal on that 46.

good to know! you guys are full of info and i think im going to enjoy reading up on the forums. and yes, i am very very tempted on that 46... its sat i am assuming since the crash? so i am sure they could use the space... i was thinking of throwing them a lowball and see if they would bite on it. but before i can make an offer i need to talk to some people about sponsors and investors. and well, to accommodate a 13' beam i would need to cut a bigger hole in my wall and put in a bigger garage door... but i dont think the 46 is going anywhere any time soon...

Try Mr D Smith (X Baja and other Boat company?)He was doing new ventures cant hurt to ask Him Might have few Engines.

Really? Doug Smith is now a known swindler who ripped off his Dealers. eg. Sold motors to dealers, took the cash and never delivered. Your going to recommend him to a 19yr. old?

Don build some great boats but his cat was not one of them. Call Peter at Double R he is a great guy and easy to talk to he will give you the low down on the 46 skater motors.

Darr jr. :daz:

im not looking to get any motors at this time. motors eat up any profit there is. and thanks bill, if i do this i will just need to get some finances in order. all finished up what would you think someone would pay for it? with some, well, sweet little touches that will make it one of a kind. im thinking if done clean and right it could bring safely 140? with the trailer which i would have converted into a gooseneck by our shop welder. but that doesnt really matter much.

I would love to read a business plan to flip / restore high end offshore boats for profit.

I think he was advising you on who would have information on the engines in the boat you are asking about.