Originally Posted by benjen

Sorry to use 2 post, my bad. The above is my 39' Sutphen. As I said in an earlier post maybe it's just that nobody wants this combination, but I assure you this boat isn't a basket case nor does it need every nut and bolt replaced. It's a 108mph boat priced in the high $70's. I can't imagine another 100+ boat listed anywhere near this price.

Originally Posted by 1Zoom

Chris (Dealmaker) has his Cafe Racer for sale, he just had the interior redone. The boat used to belong to Seaford guy and is listed on F book.

Originally Posted by seafordguy

Huh - I didn't know he was selling it already. He's only had it about a year and they seemed to be using it a lot.

Eddie,

I had it for 13 years and am happy to answer any questions on it you might have that Chris can't answer.......

I would buy it back if it was a couple years down the road.

Originally Posted by benjen

Originally Posted by Jupiter Sunsation

Powerplay is an outlier, strong resale from a company hasn't built a new boat since 2005. Limited production of a great boat line.


Someone posted a nice Formula 382 that was in need of power, that is a classic powerboat with the curved chrome windshield. Not the fastest hull but a nice ride/nice boat. Sure the spider/lightning bolt graphics look terrible 15 years later but how sharp would it be shot in solid black hullsides/white deck? Timeless but you might spend 100K with new power/paint/interior. Get the hull/trailer for 40K, 100K into it and suddenly you have a 15-16 yr old boat that isn't even made anymore (due to limited demand) and 140K gone out of your checkbook. Lets imagine you use it 10X a year (you live in a 4 season area, not LOTO), would you lay out 140K to use it 10X a year? Time is ticking towards 20 years old, the boat gets tougher to insure/finance which will limit your sales options to cash buyers not traditional marine finance. Suddenly you could find your 20 year old Formula isn't worth 50% of what you have in it.


I think without the production of new models (showing lack of demand) you will find less values in used models. Trying to get 140K for the above Formula looks way more attractive if you figure a new one would cost you 500K+ but if the new ones aren't there to compare then things look bleak. Watch an FPC poker run video, the I/O vee bottoms are usually less than 1/3 of the fleet with CCs/OB Cats making up the bulk of the fleet. I think there are plenty of boats out rotting under the sun, there are a few guys on here parting them out because the parts are worth more than the whole boat. Someone posted a 41 staggered Apache rotting on a lift in SW FL. If you got that boat for free, you still likely couldn't get your money back after a restoration. Someone gave away a 20 Cigarette earlier this year for the same reason....... guy realized it was a financial hole but he didn't want the boat to go to the landfill. As these running boats age, break something major the decline starts. Hurt motor/drive at the end of the season could be "yard art" for the next five years, then the other motor won't fire, leaf spring cracked on the trailer and the transom's soft.

Originally Posted by outlw36

You're so far off. The only way for someone to get into performance boats is to buy an older one. New ones are way out of reach for most people. There was always 85 plus cigs, fountains, bajas, for sale 5 years ago but high demand has them all gone. The demand will stay in my opinion.