Used Ski Boat Market
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=10973
Printed Date: June-24-2024 at 9:33am
Topic: Used Ski Boat Market
Posted By: jb_dallas
Subject: Used Ski Boat Market
Date Posted: June-24-2008 at 8:38pm
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I have owned a 1989 Ski Supreme for about 3 years. It has been a good boat, but I live in Texas where the wind blows all of the time. I am tired of getting the hell beat out of me everytime I go to the lake and we dont ski as much as we used to. I am thinking of buying something with a v hull design that will chop through the chop. I found a boat that I want, but I am afraid to buy it because I dont want to be stuck with 2 boats in this slow economy. What is the general feeling about the used ski boat market right now? I watch Ebay and have for several years...it seems like these old boats are going for less than they used to. What do you guys think a 1989 Ski Supreme is worth? I have tons of new parts on it. It is a clean boat. I have $8K in it and hope to get my money back, but I realize it may not bring but $6K-$7K. My fear is that it wont sell and I will own 2 boats.
Thanks |
Replies:
Posted By: 8122pbrainard
Date Posted: June-24-2008 at 9:39pm
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JB, Here's a Ski Supreme on ebay. The bidding ended with 0 bids. http://cgi.ebay.com/ebaymotors/1981-Ski-Supreme-Correct-Craft-Custom-Not-Mastercraft_W0QQcmdZViewItemQQcategoryZ63686QQihZ008QQitemZ180254482715QQrdZ1QQsspagenameZWDVW - Ski Supreme
Hope it helps. ------------- /diaries/details.asp?ID=1622" rel="nofollow - 54 Atom /diaries/details.asp?ID=2179" rel="nofollow - 77 Tique 64 X55 Dunphy Keep it original, Pete < |
Posted By: bkhallpass
Date Posted: June-24-2008 at 9:52pm
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At least here in California, market is soft, particularly for the older boats. I've seen lots of supras, supremes, and centurions from the 80s going for 4-7K. I've also seen a lot of 80s Ski Nautiques in the 5K-8K range. BKH ------------- Livin' the Dream |
Posted By: jb_dallas
Date Posted: June-25-2008 at 11:55am
| Thanks for the feedback. It is a shame that the used boat market is so soft. |
Posted By: Mojo
Date Posted: June-25-2008 at 12:03pm
JB, every market is soft! The world is soft right now.. My suggestion is hang onto it until things improve, and feel gratefull that it's not a $50K dollar boat you want to spin.... Moj' ------------- 05' SV211 TE 73' Martinique had:96' SNOB had:76' Nautique had 77 Tique |
jb_dallas wrote:Posted By: eric lavine
Date Posted: June-25-2008 at 12:30pm
| new market down 8 percent on ski boats |
Posted By: Riley
Date Posted: June-25-2008 at 1:03pm
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On older boats, anything not a Correct Craft is going to be really soft. Only Correct Craft has collectability. I think Brian's right on with his $4-$7k. We've got a really nice 88 Malibu Skier with a PCM 240. Everything about the boat is nice, but it has no collectability. It would definately bring a few grand less than a comparable SN. Malibu folks are only into the new boats and don't care about the old. Ski Supreme is a pretty obscure brand. ------------- |
Posted By: jb_dallas
Date Posted: June-25-2008 at 4:29pm
| I think I would take $7K...maybe as low as $6K, but I cant take $4K. I saw one just like mine last year sell for over $8000 on Ebay...but not this year. |
Posted By: 79nautique
Date Posted: June-25-2008 at 5:25pm
your pretty optimistic on your price concidering NADA rates it at about 6K tops ------------- http://www.correctcraftfan.com/diaries/details.asp?ID=756&sort=&pagenum=1&yrstart=1979&yrend=1979 - 79 nautique |
Posted By: jb_dallas
Date Posted: June-25-2008 at 8:01pm
| I probably am optimistic. I have seen the price on NADA. If I cant get $6K I will probably keep it and continue to get the hell beat out of me on these lakes. Its a bad time to sell. |
Posted By: Mojo
Date Posted: June-25-2008 at 8:10pm
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JB,
Just sell the thing , take the grand hit, and get what you want.. No one gets out of any boat what they put in,,,, ever..  Hell the dental work and spinal disc repair is worth a hell of a lot more than a thousand bucks...
Moj' ------------- 05' SV211 TE 73' Martinique had:96' SNOB had:76' Nautique had 77 Tique |
Posted By: jb_dallas
Date Posted: June-26-2008 at 12:01pm
| I would be taking more than a grand hit...I have $8K in it. From what everyone is saying, I may not get over $5K. |
Posted By: 75 Tique
Date Posted: June-26-2008 at 12:28pm
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Last spring (a year ago) 1989 supra, great hull, great upholstry, some rotting wood (not stringers) no cover, some rust on trailer, needed several breakers, needed blower. Asked $7,800, got $7,400. Just an example.
(Edit: Paid $10,500 in 1996, minus $2,500 sale of old boat = $8,000 in it. Cant complain about $600 for 11 years use!) ------------- _____________ “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: Hollywood
Date Posted: June-26-2008 at 1:05pm
You must be busy with the calculator and not skiing to know how much money you have in a boat. Breakdown that $8k would you? Perhaps you spent too much on it to begin with? ------------- |
Posted By: 79nautique
Date Posted: June-26-2008 at 2:18pm
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get a new boat there Kevin? a miamian? ------------- http://www.correctcraftfan.com/diaries/details.asp?ID=756&sort=&pagenum=1&yrstart=1979&yrend=1979 - 79 nautique |
Posted By: Hollywood
Date Posted: June-26-2008 at 2:20pm
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Funny you would be the one to ask.
Thinking about "upgrading".  ------------- |
Posted By: 79nautique
Date Posted: June-26-2008 at 2:25pm
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nice boat but the beam seems a little narrow for the length of it. ------------- http://www.correctcraftfan.com/diaries/details.asp?ID=756&sort=&pagenum=1&yrstart=1979&yrend=1979 - 79 nautique |
Posted By: jb_dallas
Date Posted: June-26-2008 at 5:01pm
| I would imagine anyone with good financial sense has a idea of how much they have tied up in their boat. |
Posted By: bkhallpass
Date Posted: June-26-2008 at 5:14pm
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jb,
Mojo comes up with the grand because you were willing to sell for 6, so if you sell at 5 that's a grand. If you're selling for a grand less than you expected, you probably are also going to pay a grand less than you expected, so it may well be a wash. Even if you've spent 8K on the boat in the three years you've owned it, it's not typically reasonable to expect to get it all back. If you spent just 50 hours per year on the boat, and you sell the boat for 5K, that's only $20 bucks an hour for the boat, which is pretty cheap. By comparison, my boat was about 55K up and in, and it's probably worth around 32K in this market, maybe a little more. I've got about 500 hours on it, which is $46 an hour  .
Obviously sell it for as much as you can get, but if you only get 5K, doesn't sound to me like it would be so terrible. I think I'd tend to agree with HW, most people don't know and don't keep track of how much they have tied up in a boat. When you start to figure impellars, oil changes, props, repairing upholstery, blah blah blah, not to mention gas, it can get a bit overwhelming. I think most people just focus on the fun they have. BKH ------------- Livin' the Dream |
Posted By: bkhallpass
Date Posted: June-26-2008 at 5:14pm
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BTW, I was in Lewisville TX yesterday, and the wind was blowing pretty good. BKH ------------- Livin' the Dream |
Posted By: Riley
Date Posted: June-26-2008 at 5:24pm
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I keep a log and execpt for gas, know every cent I've put into any boat I have. You can't really charge oil changes or tune ups against what you have in a boat, that's just normal operating expenses. I look at it as price/year. If you only get $5k for your boat, that's $1,000/year. New boat owners like BK are in at $3,290/year. If you really want a different boat and you've got to sell your boat, I'd say you're not doing too badly. ------------- |
Posted By: eric lavine
Date Posted: June-26-2008 at 5:38pm
| people have a tendency if you finance a boat or car, say you pay 20k for it and you finance you end up paying 30k over the life, its a factor you need to include |
Posted By: bkhallpass
Date Posted: June-26-2008 at 5:51pm
people do have that tendency. I do not. No cash, no boat. BKH ------------- Livin' the Dream |
Posted By: jb_dallas
Date Posted: June-26-2008 at 6:20pm
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Those are some good points...about the financing and amount spent per year. I guess I am a tightwad. To break it down, I bought the boat for $6K. I overlooked the rub rail..the boat was coming apart near the drivers seat...an alum rub rail installed cost me $650. New raw water pump, new alternator, new bilge pump, rebuilt carb, carpet, blowers, ect..now I have almost $8k invested. Now that I think about it..almost everything is new, maybe I should keep it.
I paid cash..but that is easy because mine is a cheap boat. I am looking at the 16' Donzi on Ebay in Carrollton, TX item #270248567844. I looked at it in person 2 days ago. It is a nice boat. BKH, were you in Lewisville for business? I ski primarily on Lake Lewisville. |
Posted By: bkhallpass
Date Posted: June-26-2008 at 6:26pm
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Well, I'm hoping it was for business. Job interview. I believe it went well, but we shall see. BKH ------------- Livin' the Dream |
Posted By: Mojo
Date Posted: June-26-2008 at 6:34pm
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JB
Nobody can say they've put anything "into" a boat to bring it up to spec, drivable, safe etc. Any boat listed lets say in NADA is expected to have the boat in good overall condition to get that value for it... If you already paid the average retail price, and had to add a few grand to bring it back to spec (of life), that money is a wash. It doesn't mean your going to get it back out on the open market. Then you have to remember these toys are depreciating assets.. What I'm really confused about is: 1. Now you're looking at what most would consider a pretty expensive boat. Donzi's are a lot more than Ski Supremes, so you're not that tight.. 2. You're thinking of going to a 16 foot boat on that massive lake and you don't think you're going to knock your filling lose ??? Hell, take that Donzi out on a windy day.... What you really need is a 97' Cobalt 252 haha.. Moj
PS: Nice hour/cost analogy Brian !! ------------- 05' SV211 TE 73' Martinique had:96' SNOB had:76' Nautique had 77 Tique |
Posted By: jb_dallas
Date Posted: June-26-2008 at 6:35pm
| Moving from beautiful CA to Lewisville ...thats a change of scenery. I live in Lewisville, so I can tell you more than you want to know about this area. We (pretty much Texas in general)are one of a handful of places in the nation almost unaffected by the housing crunch. According to the city of Lewisville, neighborhood comps, and other sources, my house had an INCREASE in value of about 8%-9% in the last year. |
Posted By: jb_dallas
Date Posted: June-26-2008 at 6:39pm
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Mojo
I am thinking that the Donzi v hull design will be much more smooth in the chop than my boat, regardless of its length. |
Posted By: bkhallpass
Date Posted: June-26-2008 at 6:53pm
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No move JB. Company HQ'd in TX. I would run the CA business. BKH ------------- Livin' the Dream |
Posted By: Hollywood
Date Posted: June-26-2008 at 7:14pm
Did you take a test drive in this boat yet? You're going to get JACKED much worse than that Supreme! It's already over $8k already. Looks like a really nice boat, but no comparison to a direct drive ski boat. 
------------- |
Posted By: jb_dallas
Date Posted: June-26-2008 at 7:24pm
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I would take it out before I placed a bid...I assumed that the ride would be better because of the hull design...maybe not. |
Posted By: Riley
Date Posted: June-26-2008 at 7:40pm
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The ride may be better, but it's still a 16' boat. Mojo's right. If you want a nice ride, get a cobolt. I drove a 26' last summer. First boat I ever drove that I didn't have to slow down for a big wake. It cut right through it like it wasn't there. Dam nice boat, especially for an IO. ------------- |
Posted By: jb_dallas
Date Posted: June-26-2008 at 8:25pm
| Cobalts are nice boats, but they are a little out of my price range. I am only looking to spend about $12k or less. |
Posted By: Riley
Date Posted: June-26-2008 at 8:38pm
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Colbalts aren't in my price range either, nor my type of boat. I can't imagine owning anything but a DD. There's something about the ride, even if you get pounded in rough water. I'm on a big lake and have spent plenty of time plowing through 2-3' chop and more. That Donzi is a beautiful boat, but it is not going to be a huge improvement in comfort, and if you like skiing there is no comparablility. Plus your boat will probably not go much lower than $5k as long as you take care of it, so you will see your cost/hour/year continually go down with each year. ------------- |
Posted By: bkhallpass
Date Posted: June-26-2008 at 9:21pm
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I saw two 88 supremes listed. One was aking 6400, the other was 5200. BKH ------------- Livin' the Dream |
Posted By: k.o.
Date Posted: June-26-2008 at 10:07pm
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are ski nautiques the same as ski supremes hull?? we really have no problem in choppy water we've riden this boat in pretty rough water and don't have no problem with rough ride.
or maybe it's just that we got used to the beating. ------------- http://www.correctcraftfan.com/diaries/details.asp?ID=7587" rel="nofollow - 86 ski nautique |
Posted By: bkhallpass
Date Posted: June-26-2008 at 10:14pm
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No, they are not the same. Nautiques of the 80s generally handle rough water a bit better than other brands. You'll still get bounced but not as much. BKH ------------- Livin' the Dream |
Posted By: 79nautique
Date Posted: June-27-2008 at 12:46pm
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16' foot boat is going to bound you worst than you are now, even if it is a v-hull there's not length to it to take advantage of the v design. ------------- http://www.correctcraftfan.com/diaries/details.asp?ID=756&sort=&pagenum=1&yrstart=1979&yrend=1979 - 79 nautique |
Posted By: jb_dallas
Date Posted: June-27-2008 at 2:41pm
| There is a 18' Donzi in Texarkana right now..nice boat, but out of my price range. I think I will just hang on to mine and see what happens with the market next year. Thanks for the advise. |
Posted By: Mojo
Date Posted: June-27-2008 at 7:10pm
Smart move,,, I'd look for a CC Southwind or Riviera for that lake when you're ready.. Buxton Marine is right in Lewisville. Old Correct craft dealer... Moj' ------------- 05' SV211 TE 73' Martinique had:96' SNOB had:76' Nautique had 77 Tique |
Posted By: jb_dallas
Date Posted: June-27-2008 at 8:07pm
| I have never ridden in a mid 90s Correct Craft, which is probably what my budget would afford. How would the ride compare to mine? |
Posted By: The Dude
Date Posted: June-27-2008 at 9:30pm
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Mid 90s will be a bit better ride, but these boats are all still built for skiing (pre wake boarding boats) and will have generally flat bottoms. My 95 rides better in chop than my buddy's 89, but my Supra Saltare (which was like an armored personnel carrier) rode better than both. All three ride better than a 16' Donzi even though that is a really cool boat.
Come farther south to Houston and you won't have the wind factor. BK, any possibility you'll move to Big D? ------------- Mullet Free since 93 http://www.correctcraftfan.com/diaries/details.asp?ID=717&sort=&pagenum=1&yrstart=1991&yrend=1995 - 95 Sport |
Posted By: bkhallpass
Date Posted: June-27-2008 at 9:33pm
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Always a possiblity Dude, but not likely. I believe I'm here in CA for awhile. BKH ------------- Livin' the Dream |
Posted By: The Dude
Date Posted: June-29-2008 at 12:37am
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I talked to a guy today at the ramp that had just bought an 82 2001 for $7k. It was beautiful. Sky blue and white. He had a rebuilt motor in it and the upholstery was new like. It was a really pretty boat. I asked him about it and he said, "I bought it today!" It was his maiden voyage! Unfortunately I was pulling out because a huge rain cloud was coming. I'm sure he got drenched within 15 minutes of launching.
Anyway, he was happy to buy and I think it was a fair price for what he got. It looked really, really nice. ------------- Mullet Free since 93 http://www.correctcraftfan.com/diaries/details.asp?ID=717&sort=&pagenum=1&yrstart=1991&yrend=1995 - 95 Sport |
Posted By: horkn
Date Posted: June-29-2008 at 1:09pm
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I have been in a 16' donzi just like you have been looking at.
It rode really bad in any chop. Maybe it was the extra hp it had? The origial 4.3 was toast, and the guy dropped in a stroked 350. ------------- 78 martinique- refloored, reinforced, stringers re glassed, re engineered interior GT40P heads Edelbrock Performer intake acme 4 blade http://img.photobucket.com/albums/v64/horkn/fish/nautique.jpg |
Posted By: jb_dallas
Date Posted: June-30-2008 at 11:50am
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That 16' Donzi ended up selling for $10,600. I am glad I didnt pay that much and then be dissapointed in the ride. I am keeping the old Supreme for now.
JB |