prices
Printed From: CorrectCraftFan.com
Category: General Correct Craft Discussion
Forum Name: General Discussion
Forum Discription: Anything Correct Craft
URL: http://www.CorrectCraftFan.com/forum/forum_posts.asp?TID=2270
Printed Date: April-28-2024 at 7:49pm
Topic: prices
Posted By: Guests
Subject: prices
Date Posted: August-17-2005 at 5:00pm
| the asking prices for correct crafts in the for sale section are just ridiculously out of touch with the market. |
Replies:
Posted By: skyhawkflyer
Date Posted: August-17-2005 at 5:52pm
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Ya well, some of those boats are in pretty pristine condition, so you can throw the blue book out the window. You pay for what you get. I know of a couple places where you can buy some trashed out boats for $2500.00 or less, but you'll spend the next 2 years getting them back into shape, and get nickel and dimed in the process.
------------- |
Posted By: Guests
Date Posted: August-17-2005 at 6:01pm
| They must not be too overpriced, because they sell. Welcome to a market where we don't sell sh*t. |
Posted By: 79nautique
Date Posted: August-17-2005 at 6:53pm
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You can always save cash by buying a Mastercraft or Malibu or some other POS ------------- http://www.correctcraftfan.com/diaries/details.asp?ID=756&sort=&pagenum=1&yrstart=1979&yrend=1979 - 79 nautique |
Posted By: 75 Tique
Date Posted: August-17-2005 at 7:02pm
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Blue Book doesn't mean a thing in this market. These boats are worth what people are willing to pay for them. With new boats anywhere from $35,000 to $55,000, a $20,000 boat can be a pretty good deal, and probably pulls just as well. I can ski just as well behind my $4,000 boat as I could behind a boat selling for 10x as much. (although I do have to admit, the new boats are pretty nice) ------------- _____________ “So, how was your weekend?” “Well, let me see…sun burn, stiff neck, screwed up back, assorted aches and pains….yup, my weekend was great, thanks for asking.” |
Posted By: ty3724
Date Posted: August-17-2005 at 9:17pm
 I have been selling comp ski boats for 10 yrs used I should say and I always get more for my boats than book!------------- |
Posted By: skyhawkflyer
Date Posted: August-18-2005 at 10:17am
Good one 79nautique!!!!!!!! 
My nephew and I can slalom ski,trick ski, wakeskate. and wakeboard better behing my 87 Ski Nautique than anybody we've seen at our lake that's running a new boat. I'm not bragging, but it seems like most people are compelled to buy the new $45,000.00 ski boat with the rack and speakers on top just so they look good, but they can't do anything behind the boat. I haven't seen anyone ski to our caliper. The only thing I see is these boats dragging around innertubes with little kids screaming in them. Seems like a big waste to me. I'm not sure what statement they are trying to make....  ------------- |
Posted By: 62 wood
Date Posted: August-18-2005 at 2:12pm
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I bought a "classic" 64 American Skier here in the mid2G range with a new trailer.Not "state of the art" for skiing,but already had that many dollars of fun with it!!!
Ive also seen mid-70s nautiques on here in the $3500-4500 range.... AWSOME DEALS for a "cheap" boat! ....or you could buy a mid 80s I-O (yuk) for the same price....... ------------- http://www.correctcraftfan.com/diaries/details.asp?ID=1117&sort=&pagenum=6" rel="nofollow - 64 American Skier 62 Classic.. 73 Ski Nautique |
Posted By: Lakeview
Date Posted: August-18-2005 at 3:36pm
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I agree that the prices on the used 70's and 80's boats are grossly inflated.Having been a correct craft collector for the last 25 years,I find the best value for your money is in the $4000.and under range.As stated above,these boats will do what a 50K new one will with a lot less technology and looks.The 80's 2001's are a nightmare with rotten stringers and flooring.Yes there are some pristine low hour boats that will command more,but when it comes to sell,the boat only goes for a fair realistic price.Remember,an asking price is just that!The selling price is what MATTERS. ------------- Lakeview 1992 Barefoot Nautique 1967 Barracuda SS 1967 Chris Craft Cavalier |
Posted By: 82tique
Date Posted: August-18-2005 at 4:36pm
you're right.....go buy a brand new bayliner instead
|
Posted By: Guests
Date Posted: August-18-2005 at 4:46pm
| boy talk about people who get upset over their correct crafts value of course the purchaser and seller negotiate the price of a completed sale if someone overpays...thats their problem but part of the problem is others see inflated pricing on the fan and follow suit our 2000 dollar barracuda is just fine and is way more fun than the new 40 grand nautique |
Posted By: stang72
Date Posted: August-18-2005 at 5:01pm
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The market is drivin by what the buyers are willing pay.I think there are more people wanting classic older inboards because of the cost of new ones being so high and the older ones are starting to fall into the"collectable" market.
You do see fluctuation...where stuff seems too high but sells and great deals can still be had.That would indicate to me that the market is changing toward higher prices for older inboards...they appear to have been going up over the past few years. And you won't be saving cash on a mastercraft( at least not post 82)...they too are fetching prices in the same range as correct craft. ------------- stang Face plants are not that funny when it's you face! http://www.correctcraftfan.com/diaries/images/3720/photo1.jpg" rel="nofollow - The Super Air |
Posted By: bkhallpass
Date Posted: August-18-2005 at 5:10pm
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Intersting phenomenon. The popularity of wakeboarding, combined with the astronimical ( and rising) prices of a wakeboard boat have actually increased the value of older inboards. More people into watersports means greater demand. In general, the older boats throw up a larger wake, making them, in the minds of wakeboarders, more attractive. And, while perhaps inflated, the price of the used boats is a tiny fraction of a new boat. I have one acquaintence who sold his mid 80's mastercraft for more than he paid for it. That's not even getting back to the really old boats which only went for 3-8K in the first place.
As for prices on this board, I just think that people on this board tend to be fanatics about their boats, tend to keep them in good shape, and tend to put money into them. I'm sure one could find the same models cheaper elsewhere, but eventually would put the same amount of money into the boat fixing it up. BKH ------------- Livin' the Dream |
Posted By: Guests
Date Posted: August-18-2005 at 5:27pm
| So After going through everything and replacing the old parts with simular or better materials. I should just give the boat away at a lose to me. Have any of you priced a 315hp rev rotation engine, and I'm suppose to sell it for less than 5,000.00 sorry not today or next month either. |
Posted By: markski
Date Posted: August-18-2005 at 5:41pm
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If you don't like the price don't buy it. a friend of mine has a Bayliner he will sell you cheap.
markski |
Posted By: Guests
Date Posted: August-18-2005 at 6:17pm
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I don't have an issue with the cost since I've already spent the money. My point is most have no clue what it realy takes and cost to restore the boat to like new condition. And in many cases mine include it is actually better now than the day it left the factory,
unless you think a 315hp engine is worst than a 240hp factory power plant. |
Posted By: bkhallpass
Date Posted: August-18-2005 at 6:21pm
Hey 79, Just being objective, it seems likely that if you put a lot of time and money into an old boat, you're likely to sell it at a loss. No different than building an off-road truck, or a hotrod. You usually (not always) end up taking a loss. You do it because you love doing it, you get a lot of value out of doing it, and you get a lot of value out of using and showing off your ride. Nevertheless, you support my point above - most of the people on this site put a lot of time and money into the boats, the boats are in good condition, and that's why the prices here are often at the top end of the spectrum - because they're worth it. BKH ------------- Livin' the Dream |
79nautique wrote:Posted By: mackwrench
Date Posted: August-18-2005 at 6:53pm
|
Wow did I miss something? You mean I was doing this as a "investment"?? Man, and all this time (and money) I was doing it for fun. LOL
I really enjoy these 40+ y/o boats. I expect mine can make another 40 years. If anybody thinks it's not a good value, take a look at ALL the boats being built today, 40 years form now you think there will be a "baylinerboatfan.com" forum? While I am sure I have too much loot in my CC, it was some of the best money I have spent. I don't think many here are doing this for a living or for profit. I don't think anybody here got upset because tg is concerned that the market is where it is today, but all of us know what these old tubs are worth to each of us and its different for everbody. While I'll say mine is'nt for sale, I would just have to replace it with another! and I am someone who if wanted could go out and get a new one, but the one I have is cool with me...... just my .02 cents ------------- NO LONGER A MEMBER |
Posted By: Guests
Date Posted: August-18-2005 at 9:03pm
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Well...take a look 60's and 70's muscle cars...they used to be dirt cheep , but no longer so.An older inboard is like an old hotrod...we do have as much fun fixing them up as using them.There is a demand!!! increased demand=higher prices(economics 101)
There are still some deals out there,but finding one ,is harder today than it was 5 years ago.The great deals are most likely sitting in someones garage because they never use it any more.so...you could wait a couple years to find a turn key CC for cheep...or fork over the $2000.00 extra now and start having fun!!! Prices are now going to head down! |
Posted By: stang72
Date Posted: August-18-2005 at 9:06pm
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Whoops...type-o. Prices are not going to head down! ------------- stang Face plants are not that funny when it's you face! http://www.correctcraftfan.com/diaries/images/3720/photo1.jpg" rel="nofollow - The Super Air |
Posted By: bkhallpass
Date Posted: August-18-2005 at 9:18pm
Agreed, the Camaros, Cudas, Mustangs, etc. that I could buy in high school for a few thousand can now go for 20-25K or more, and most cost less than 10K to begin with. Older boats are enjoying the same appreciation because of demand. However, I have a buddy for example who spent almost 120K making a show quality 32 Ford Coupe. The car is only worth about 80K on the open market - not unusual. Similarly, guys buy brand new 40K 4WD trucks and put 20-25K into lifts, wheels, chrome, whatever. Yet, they can't get the money out of them. That's my point. Add up your labor, and costs, often you'll sell at a loss. Still well worth it if you enjoy the hobby, and enjoy the boat. BKH ------------- Livin' the Dream |
Posted By: stang72
Date Posted: August-18-2005 at 9:57pm
|
BKH...that is often the case...might lose $ on the project...If I want to make money, I invest in realestate!Your right...it is all in the enjoyment of the whole process!
However,there are some project boats out there that if a person does the labor and not hire it out ...you can flip and make some cash!A 78 Nautique(needing stinger work and floor) went for under $1800.00 a few weeks ago! Ebay. An example of a good project deal...Last year we purchased a 1962 classic with cc trailer on ebay for under $700.00.People don't want to drive too far to take a chance.I know some of the members saw that one! Turned out , that the boat was in exc. condition with the exception of the engine siezed on the lake...broken rod connector.We are almost finished with the rebuild and will have about $2500.00 into it incuding the purchase of the boat and trailer ...There is a1962 classic for sale now (on this website)for 6900.00.I think we gained some equity! Projects may be the best deals out there!And you learn so much! ------------- stang Face plants are not that funny when it's you face! http://www.correctcraftfan.com/diaries/images/3720/photo1.jpg" rel="nofollow - The Super Air |
Posted By: reidp
Date Posted: August-19-2005 at 12:50am
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Wow, great thread! I don't think they're any sides to be taken here, because nearly everyone's an enthusiast and/or owner. Our own little band wagon. But I have seen a few used boat prices lately which I thought were a little high compared to the current market, which tg might have originally been saying. BUT, I'm certainly not complaining, and not that tg really was either. And as a matter of fact, I think we should all hope that the sellers get the very highest price possible no matter how crazy it might seem to some. I'm sure it's not news to anyone, but the higher the potential across the board sale prices, then the more interest there is in restoration and thus further preserving the breed. Has anyone noticed what the old 60-70's Donzi's are going for? It's hard for me not to want to share the news of a great, i.e, cheap deal, when in reality I need to keep my mouth shut or if anything inflate the purchase price. This passion here is great. ------------- ReidP /diaries/details.asp?ID=231&yrstart=1971&yrend=1975 - 1973 Mustang |
Posted By: Dixielegger
Date Posted: August-19-2005 at 12:55am
|
WOW! What a good subject to get folks talkin (almost as good as discussing current gas prices)! I have to agree with Stang to some degree. By the way, my signature says '80 Nautique but as of January it's now a '97 Nautique (which I bought local, less than 300 hrs, and paid well below book value). The '80 was a great experience rebuilding from the ground up, and although I only broke even money wise (which by the way to the originator of this topic, I sold the boat on this site, at higher than book value, in a matter of a couple of weeks), I gained a vast knowledge of the inner workings of the speedos, guages, prop shaft/seals, structure, etc. that cannot be found in some book and still used on the newer Correct Crafts. That experience has helped me understand how to properly maintain and repair my '97. I really did'nt receive the satisfaction of the work I put into the '80 project until it appeared as the featured boat (June?) on this website along with the comment "the boat took 1st place in it's class at the Sea World reunion" earlier this year. Man, did I feel like a proud papa. It was at that point that all monetary value went out the window. I miss all that hard work! ------------- '97 Nautique in SC |
Posted By: 72moparstang
Date Posted: August-19-2005 at 12:59am
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I found a 72mustang on ebay got it for 900. the guy tried to get it running for three years with no luck telling me it needed an engine. Well thanks to this great forum I found he had the wrong firing order. The boat was in the water the next day. Its in great shape and the kids love it. I don't have the heart to send him a pic of the kids tubing behind it.
John |
Posted By: stang72
Date Posted: August-19-2005 at 1:08am
Dixielegger...you have touched on a very good point!The learning experience gained from the labor you put into in the rebuilding process is invaluable!!! The main reason we bought the classic was to "learn"...myself and my sons!We have completly removed engine and parts and are learning how everything works!Hands on !!! And it's fun turning a wrench!
Moparstang 72 mustang for $900.00...way to go man!!!I have a 72 also...It is a ball to run!!! ------------- stang Face plants are not that funny when it's you face! http://www.correctcraftfan.com/diaries/images/3720/photo1.jpg" rel="nofollow - The Super Air |
Posted By: randall
Date Posted: August-19-2005 at 1:08am
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Demand is there. I have about 4 standing offers for my 1973 Mustang - literally. Highest ~ $9,000. I agree with many of the replies. My boat was some of the best money I have ever spent. I have a great boat that is going up in value and I can look forward to my kids growing up over the years skiing and enjoying it. I like the boat more as time goes by. I get complements everywhere I go with it. But, I am not afraid to spend money on it to keep it in perfect working order. The owner of a Correct Craft dealership in state told me it was too small for a family and was just a lawn ornament now...HA!
I put a new ACME prop on this winter and it is ripping skiers out of the water. I couldn't be happier with it. Now GAS prices are really hurting now! Picture included. 
|
Posted By: Dixielegger
Date Posted: August-19-2005 at 1:11am
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John...I'll give you $950 for it!!
Just kidding! Lucky dog! ------------- '97 Nautique in SC |
Posted By: S.T.
Date Posted: August-19-2005 at 2:09am
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Randall,
I LOVE your boat. It is one of the nicest-looking fiberglass boats I've seen. I wouldn't buy it though because I couldn't bear to put a wakeboard tower on it!
|
Posted By: stang72
Date Posted: August-19-2005 at 2:28am
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There you go...a picture worth 9000 words! 4 people who would pay the price! Demand!!!
Who would not want a boat with that kind of charactor Retro funky 70's style!
BTW...that thing would for sure look nice docked next to my green and yellow 72 stang! People ask my buddy (who owns an air nautique)..." what's the morgage on that thing ? " I get asked...What's in that thing?...where did you find that?...what year? Are those colors orininal? Demand...you can't by a new one like Randall's 73. And condition plays a major roll... a lot of people will tend to pay quite a bit more for pristine condition!!! ------------- stang Face plants are not that funny when it's you face! http://www.correctcraftfan.com/diaries/images/3720/photo1.jpg" rel="nofollow - The Super Air |
Posted By: Guests
Date Posted: August-19-2005 at 6:08pm
|
That isn't 4 seperate offeres for $9,000. But, the discussions have gone that high. I lost count of how many people say "If you EVER think about selling the boat, call me FIRST".
My favorite question I receive is "Did you buy it new?" I say, no, that would have been hard.....I was 3 YEARS OLD then! |
Posted By: 82tique
Date Posted: August-19-2005 at 8:06pm
|
Randall-
can't help but notice that your boat is registered in Alabama....you must get a lot of heat from all those Tide fans who hate the 'big orange'....as for myself I think that boat should be a member of the Vol Navy!! -82'tique Univeristy of Tennessee Alumni |
Posted By: Guests
Date Posted: August-19-2005 at 9:04pm
| One thing that hasnt been mentioned yet is that you are only seeing the "asking" price. Most buyers and sellers go back n forth with bid and counter proposal before a deal is agreed upon. The family i bought my SN from came down $1000 and i drove away with it. Some boats really are overpriced, I drove 400+ miles from Los Angeles area to San Francisco area to buy a SN. I really wanted to buy this boat, it was everything i wanted (condition in/out, hours, colors, engine, trailer...everything).But the owner did not want to negotiate anything. His boat is still for sale after 15 months. |
Posted By: stang72
Date Posted: August-19-2005 at 10:03pm
|
I think we all are assuming asking price is a starting point...however,asking prices are up and they are selling at higher prices as well! I have been watching the market for about 4 years...nation wide searches and ebay...there has been a change upwards.Still the values are there...I think there is becomming more and more interest in the older boats. Again...like the 60's and 70's muscle cars...seems to be following that type of trend.
------------- stang Face plants are not that funny when it's you face! http://www.correctcraftfan.com/diaries/images/3720/photo1.jpg" rel="nofollow - The Super Air |
Posted By: Guests
Date Posted: August-20-2005 at 6:29am
|
May be its just me but you have to have an orginal low hours boat in above average condition or restored it and have the motor screaming with the deep exhaust note blair'n,
otherwise you are trying to B_ll S_i_ the price to match the guys that have done the home work and know what they are doing and spent the money so that when you sit down in the drivers seat, it fires and puuuuuuurrrrssssssssssss with the twist of the key every time, |
Posted By: trikeaholic
Date Posted: August-20-2005 at 11:56am
|
I had to PAY for my 80. I had to drive 18 hours round trip to get it. The owner came down $1000 because it wasnt running right, and I had to immediatly dump $600 into it. It is in AVERAGE condition, solid as a rock but has dings and dents, couple tears in the 25 year old interior, crappy carpet and a grimy engine. BUT I am happy. I think that when all is said and done, I will haave more into it than its worth, and that troubles me a little bit. I can live with it though. In my other hobby off road 3 wheelers (remember them?) I have 10 of them, some restored, some original unrestored nice ones. Sometimes you get lucky and have less in them than they are worth, and other times not. Its a hobby and hobbies and activities cost money, thats the way it is. ------------- 1980 Ski Nautique Ithaca NY http://my.break.com/media/view.aspx?ContentID=326707 - My Boat |
Posted By: stang72
Date Posted: August-20-2005 at 1:38pm
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The value is your's to be determined!!! Your having some fun right!Imagine the dollars lost on 50,000 + new air Nautique the day it is taken off the lot!
79nautique...not all boats are equal right!!! ------------- stang Face plants are not that funny when it's you face! http://www.correctcraftfan.com/diaries/images/3720/photo1.jpg" rel="nofollow - The Super Air |
Posted By: Guests
Date Posted: August-20-2005 at 2:15pm
|
Well there are nautiques
then you have a bunch of other crap that want be as good as a nautique. |
Posted By: jbear
Date Posted: August-20-2005 at 9:19pm
| Dixielegger; I'm the guy who was lucky enough to get your '80. I have e-mailed you trying to keep you up to date on it. Glad you saw the post about it winning at Orlando. I get LOTS of compliments on the boat whenever we have it out. I have been offered more than I paid, but will not sell. I always tell people that I appreciate their compliments, but that I bought the boat in the condition it is in now. I haven't put anything into it execpt oil and gas. Also put on a bimini top for the wife. I LOVE the boat, the looks and the sound and am so glad you sold it to me. Thanks again. Hope you enjoy the '97, I'm sure you will, I had a '98 and liked it quite a bit. But you can never match the classics!....jbear |
Posted By: 65 'cuda
Date Posted: August-21-2005 at 12:40am
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some of the guests on this correct craft fan forum in the genaral discussion section are just ridiculously out of touch with reality ------------- Gary http://www.correctcraftfan.com/diaries/details.asp?ID=941" rel="nofollow - 1965 Barracuda SS |
Posted By: Dixielegger
Date Posted: August-21-2005 at 11:14pm
|
jbear,
Good to hear from you. Got your email but it was mistakenly deleted (my daughter likes to keep the inbox tidy) and I had no address to send you a reply. Did I mention how much I miss that boat? Email me. Rick ------------- '97 Nautique in SC |
Posted By: jbear
Date Posted: August-22-2005 at 1:07am
| Dixielegger: Can't e-mail you. Compu crash while we were in TN and lost all my addresses. Yours is not listed in your profile but mine is. So e-mail me so I'll have yours and we can talk.......jbear |
Posted By: 80nauts
Date Posted: August-23-2005 at 9:15am
| You can't get any quality Ski boats for cheap. I feel like these old SN's increased in value when the industry started selling $50,000 - $100,000 ski and wakeboard boats. You either go cheap with an older ski boat or pay the really high price even though it seems like cheap is a bit pricy. |
Posted By: Bill336
Date Posted: August-23-2005 at 1:10pm
| Think of depreciation also. No, owning a boat is not an investment, at least in the usual sense. I bought a 78 American Skier that is still in the restoration stage for 650. Barring any major engine work, I'll have about 1500-1800 into it when it's done. If I use it for 3 years and sell it for what I have into it, I'm out gas money. Buy a 7000 classic and sell it 3 years later for 5000, and you're out 2K + gas. Buy a 50K ski boat, use it for 3 years and you'll realistically sell it for 38K or so. Figure that 12K ding into the cost of boating, and a well taken care of or restored older boat is a bargain. Some won't see it that way, but you don't have to sell it to them. |
Posted By: Guests
Date Posted: August-29-2005 at 1:49pm
| wow talk about opening up a can of worms.... the point of the thread was an opinion on where i thought cc fan market prices are its pretty obvious that everyone puts a value on their boat at the point of purchase or sale of course its up to the market, buyers, and sellers to determine final price.. we love cc's for the last 30 years we've always had at least one....the message is clear, let the buyer beware. |