Nautique Pricing
Printed From: CorrectCraftFan.com
Category: General Correct Craft Discussion
Forum Name: Off Topic
Forum Discription: Anything non-Correct Craft
URL: http://www.CorrectCraftFan.com/forum/forum_posts.asp?TID=20149
Printed Date: January-11-2025 at 1:16am
Topic: Nautique Pricing
Posted By: Titanjets
Subject: Nautique Pricing
Date Posted: December-11-2010 at 12:56am
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Hey everyone,
I have a quick question. Why are older Nautiques priced so low? I see many older boats priced around $4000.00 to $5000.00 in fair shape and $6000.00 to $7000.00 in great shape. As a Nautique enthusiasts and owner of a sweet 83 2001 I know that to replace this boat with a new one would be $50,000.00 to $70,000.00 for essentially the same boat minus a few conveyances. I believe the older Nautiques are under valued and worth a fair amount more than some of the ask/trading prices. I equate it to a 1965 Corvette Convertible, a vehicle that demands respect and a very high ask price no matter the condition. If some one asks if I own a boat I say no I own a Nautique. You wouldn’t call a 1965 Corvette Convertible just a car. The same goes for the Nautique. I believe Correct Craft retail prices need to reflect the quality, history and presence that these boats have. Please feel free to post any thoughts/comments you might have. Regards, David F. Zeyher Mooresville NC |
Replies:
Posted By: adamt
Date Posted: December-11-2010 at 5:03am
If some one asks if I own a Nautique I say no I own a Correct Craft!!!  ------------- -Adam 1973 Skier |
Titanjets wrote:Posted By: Swatkinz
Date Posted: December-11-2010 at 11:39am
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They do offer excellent value when you consider what you're getting for your money. Pretty much anybody serious about buying a boat will find that the $4K-$7K boat fits into their budget. I think it comes down to people looking for a lower priced boat are attracted to the "new" bowrider with at least some financing option, but even the 25 year old SN is going to perform way better than the "new" Sea Ray or Bayliner bow rider.
The other thing to consider I think is that if you assume stringer/floor rot as being a given in most of these older boats and the time and money it takes to repair that, the price $4K-$7K price reflects that. ------------- Steve 2011 Sport/Air 200 Excalibur 343 2017 Boatmate Tandem Axle Trailer Former CC owner (77, 80, 95, 88, all SNs) Former Malibu owner (07, 09) |
Posted By: 63 Skier
Date Posted: December-11-2010 at 1:11pm
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David, things are always worth exactly what people will pay! If the $5,000 boat you see is really worth $10,000, people will realize that and adjust the market accordingly.
I agree there is great value in used Nautiques. Not only the '70's and '80's boats, but even the '90's boats are incredible values at 1/4 or less of the price of a new boat. ------------- '63 American Skier - '98 Sport Nautique |
Posted By: Pauly-Banana
Date Posted: December-11-2010 at 1:19pm
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DAvid,
Good response to this question. I bought my 1983 brand new for around $13,000 with trailer. I totally agree that an inboard/outboard or IO under performs these boats. One problem in reducing a boats worth or value is cash. There are not many banks willing to finance a 25 year old boat loan for even three years. If they do the loan, the interest rate is very high. Many sellers have lowered their price to something that works for the buyer paying cash out of their savings account, no loan required! Blue book also has a lower value, many buyers believe sellers should follow this pricing. Only problem is that old Correct Crafts can become hard to find depending on your location. I did both three event and showing skiing and have seen many abused boats over the years. I understand focus, determination in skiing, but why did so many of these skiers abuse and neglect many of their boats. One reason might have been that when the hull changes, many skiers are forced to buy the new boat, because the new boats pull the tournaments, different wake characteristics now! So many felt that if I always need to upgrade, why take care of my boat, I will be selling it soon, so who cares! Correct Craft also let many church camps use these boats, they also came back in terrible shape with a loss of at least 50% value in mabe one/two seasons. I feel that mine is still worth around the $9-10,000 dollar range, but would never sell my 1983. It does what I need it to do. It does somethings better than than the new boats, and somethings worse. It's would be very hard to make the all around perfect new boat that does everything for every event! ps-I also have a 1979 vet with a L82 engine. These are great cars with a huge following. Many are buying the new cars for their advancement in technology, speed and handling. The new cars are really awesome to drive. ------------- mailto:mrfurymn.8124@yahoo.com" rel="nofollow - Pauly-Banana http://www.correctcraftfan.com/diaries/details.asp?ID=4102&yrstart=1981&yrend=1985" rel="nofollow - My 1983 Nautique <b |
Posted By: eric lavine
Date Posted: December-11-2010 at 2:38pm
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178 hp, L-82 lol....smogger right? ------------- "the things you own will start to own you" |
Posted By: Pauly-Banana
Date Posted: December-11-2010 at 6:43pm
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Eric, yes it is a smogger, but they had two engines for that year. I have the bigger of the two with the 350 block 225 hp! That engine was very expensive to have in California since having more smog effect. The ones that had dual exhust without the "Y" pipe were really nice. MIne has the the "Y" pipe but still had mine up to 135 mph. Hard to find a road to go that fast. The 1967 Vet really had the big horse power. By 1975 horse had been lowered to clear the smog regulations!
MOre horse power again in the late 1980's, whole different car now. Mine has bad air conditioning, not so many comfort features. The 2001 for me is just a nice boat to use for barefooting, shoe skiing, pulling 12 off the dock and very quick hull for ski around the boat. I really noticed a nice pop off hot dock pulls with my new 540 prop. Really does not take as much throttle to pull a shoe skier off the dock, quarter less power. Huge advantage for the skier! ------------- mailto:mrfurymn.8124@yahoo.com" rel="nofollow - Pauly-Banana http://www.correctcraftfan.com/diaries/details.asp?ID=4102&yrstart=1981&yrend=1985" rel="nofollow - My 1983 Nautique <b |
Posted By: 8122pbrainard
Date Posted: December-11-2010 at 6:50pm
 
Steve's comment is certainly a major factor.
Steve, I love your signature line as well.
------------- /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: Pauly-Banana
Date Posted: December-11-2010 at 7:01pm
I know that I own a Correct Craft!  ------------- mailto:mrfurymn.8124@yahoo.com" rel="nofollow - Pauly-Banana http://www.correctcraftfan.com/diaries/details.asp?ID=4102&yrstart=1981&yrend=1985" rel="nofollow - My 1983 Nautique <b |
Posted By: bkhallpass
Date Posted: December-11-2010 at 7:18pm
This analysis is correct. Priced correctly. Good value for the money. BKH ------------- Livin' the Dream |
Posted By: Fl Inboards
Date Posted: December-11-2010 at 7:57pm
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I too have often wondered why they do not pull more money then they do.
Especially when a new 200 can run close to 60K. I have seen very nice late ninety’s boats priced under 15K even 2 year old boats at far less than I would expect. Keep in mind that in today's sales world Correct Craft had a identity problem, believe it or not their are and were and still are many potential customers and individuals in the market place that do not recognize Correct Craft as a different company then say MasterCraft and many lump the two together. Nautiques is the line of boats that Correct Craft builds! So why not for identity sake provide a name and image That is unmistakable from all others? Nautiques!! Get used to it but remember the Corporate name is still Correct Craft Inc. As it states on their web site. Correct Craft, Inc. Manufacturer of Nautique Boats 14700 Aerospace Parkway Orlando, FL 32832 USA ------------- Hobby Boats can be expensive when the hobbyist is limited on their own skill and expertise. 1993 Shamrock "fat" 20. 2008 Nautique 196 5.0 |
Posted By: Swatkinz
Date Posted: December-11-2010 at 10:30pm
Jody, I don't understand what you're saying when you say that Correct Craft wasn't/isn't recognized as a different company than Mastercraft? Did market research show that consumers thought that Nautiques/Correct Craft were manufactured by MC, Malibu, Skier's Choice or another of the purpose built manufacturers? I do understand that "Nautique" was/is a more recognizeable name than Correct Craft. Back in the 80s, everybody referred to their boat as a Nautique instead of a Correct Craft. Interestingly, I now refer to my boat as a Correct Craft although Nautiques is supposed to be the new branding names. Not trying to argue against your point. It does make sense to go with the more recognizeable of the names, just trying to understand it better. ------------- Steve 2011 Sport/Air 200 Excalibur 343 2017 Boatmate Tandem Axle Trailer Former CC owner (77, 80, 95, 88, all SNs) Former Malibu owner (07, 09) |
Posted By: eric lavine
Date Posted: December-12-2010 at 11:38am
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now, if you took all the badges off the boats and lined them up, would the entry level guy be able to decipher what is what? in today's market? so what sets them out front, if they are truly out front?
now if you put price tags on them... ------------- "the things you own will start to own you" |
Posted By: SNobsessed
Date Posted: December-12-2010 at 12:25pm
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The going price is always too low for the sellers, too high for the buyers - not much new there! ------------- “Beer is proof that God loves us and wants us to be happy.” Ben Franklin |
Posted By: eric lavine
Date Posted: December-12-2010 at 12:31pm
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exactly, cars are even more market driven, i shouldve known better on this 85 vette i have, time and materials and probably one of the nicest 85's around, all done and said i probably have 15k in it, put it out front for 9995.00 not one looker....finally dropped it to 5995.00.
thats what they go for, not a dime more ------------- "the things you own will start to own you" |
Posted By: eric lavine
Date Posted: December-12-2010 at 12:32pm
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I always say, if there is a briefcase in the trunk with 20 thousand cash, the car is still only worth 5995.00 ------------- "the things you own will start to own you" |
Posted By: Swatkinz
Date Posted: December-12-2010 at 1:01pm
I think you're right if we're talking an 18ft Sea Ray, Crownline, Chaperall, Stingray or even Bayliner. These aren't entry level boats though and although the ski boat mfgers have recently marketed themselves as more family friendly by opening up the bow, adding a pedastal table, etc, the MC Prostar and the CC 200 are still die hard ski boats. The wakeboat offerings by MC and CC are every bit as hardcore. Even if you get the entry level guy into the driver seat of the inboard, he'll be hard pressed to justify the cost difference b/w the inboard and the i/o bowrider. In my mind, these boats are unique in that even today they are mostly sought after by watersports enthusiasts and not just boaters. The watersports enthusiasts know the ski boat brands and what each has to offer and with the exception of a few that are really buying for a specific wake characteristic, have their mind made up before they even see the boats. Regarding the whole identity thing, I can see that CC would have an identity problem if they are trying to compete with the Sea Rays, Stingrays, Bayliner, etc. but are they? Would they want to? Sorry for the threadjack ------------- Steve 2011 Sport/Air 200 Excalibur 343 2017 Boatmate Tandem Axle Trailer Former CC owner (77, 80, 95, 88, all SNs) Former Malibu owner (07, 09) |
Posted By: eric lavine
Date Posted: December-12-2010 at 1:39pm
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so is a Rolex watch....keeps better time?
what in any opinion puts them out front moreso than the competition? especially justifying the price difference, a name will carry a product a long way, but too, the competition uses that and builds upon a good product and it equals the playing field??? ------------- "the things you own will start to own you" |
Posted By: Fl Inboards
Date Posted: December-12-2010 at 1:52pm
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Steve, Keep in mind that Nautiques is trying to bring into the fold outboard and stern drive owners along with new boat owners. You don’t know how many times (and I am going back to my experiances) I have talked to potential Nautique buyer's that confused a Nautique with a MasterCraft simply because of the name similarity (Correct Craft)and the fact they were both inboards. Another reason for the Marketing change is their is a new direction for Correct Craft that goes along with the manufacturing facility. Supposed Correct Craft had the opportunity to purchase another boat company and run the product thru its huge facility, would it be called a Correct Craft? I think not. I think identifying a Nautique as just that is a very smart move on behalf of Correct Craft it gives them the ability to target their product where it is truly a separate identity from all others and also allows for corporate growth. Nautique and Correct Craft go hand in hand and are one and the same but again the moniker Nautiques allows for corporate growth . ------------- Hobby Boats can be expensive when the hobbyist is limited on their own skill and expertise. 1993 Shamrock "fat" 20. 2008 Nautique 196 5.0 |
Posted By: eric lavine
Date Posted: December-12-2010 at 1:53pm
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Steve, your example of being sought after is a name created persona, when the true enthusiast seeks a ski boat they automatically think of CC, no other and leave no room for discussion, and CC in hopes will ride that coat tail and fetch what they believe their product is worth. but flip flop and one day the guy in the closet (not the gay guy) wakes up(from a 20 year sleep)and decides he wants to go skiing very unbiaslly what would he do? automatically go out and buy a CC? probably not, I think what he would do is comparisons, test rides, and price shop....
in the car world, 20 years ago, the only name you thought of was Lamborgini for high end fast cars, not so much true anymore ------------- "the things you own will start to own you" |
Posted By: Fl Inboards
Date Posted: December-12-2010 at 2:38pm
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Eric, Good analogy. It is amazing how many people come back to the water after two decades or even 5 years and realize the products are so diverse and the amenities available in these products. Comparisons and test rides become the best way to make a decision. ------------- Hobby Boats can be expensive when the hobbyist is limited on their own skill and expertise. 1993 Shamrock "fat" 20. 2008 Nautique 196 5.0 |
Posted By: eric lavine
Date Posted: December-12-2010 at 2:58pm
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what are your unbiased thoughts of the big 2? cc and mc..put the affiliations aside. i really irratates the fc out of me when i see these guys slap 80k on these boats and tethered to them are the latest and greatest tubes ------------- "the things you own will start to own you" |
Posted By: Fl Inboards
Date Posted: December-12-2010 at 4:01pm
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Eric who cares what they tether behind them. Remember they will need service and repairs sooner or later and you are one of the chosen that they will come to and give you their $$$$$ to repair and service them.
To me in a lot of cases I look at them as Just expensive shiny motor skids!!! especially the lesser products outside the big three.
I am a hard core skier and the big boats do not fit into my personal boating world but I dont have a problem repairing them and making them run the best they can. I go to great lengths to keep my skiing away from where the weekend tubers and waker's ride and opperate but I also try and be a good service shop for those that do tube and board with the large boats. I think that all of the big three have different attributes that make one better then another in certain areas and when it is all laid out in front it goes back to history and service record for the product and to some extent owner loyality. Mine Is Nautique by Correct Craft. ------------- Hobby Boats can be expensive when the hobbyist is limited on their own skill and expertise. 1993 Shamrock "fat" 20. 2008 Nautique 196 5.0 |
Posted By: eric lavine
Date Posted: December-12-2010 at 4:28pm
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I like te 40 ft crowd, I dont have a hard time handing them there bill because they kinda expect it lol
anyways, I wouldnt use the space shuttle to go to California....good analogy? ------------- "the things you own will start to own you" |
Posted By: harddock
Date Posted: December-12-2010 at 7:56pm
The Sportster guy always says he owns a Harley, yet the Corvette owner says he has a Corvette, and doesn't even mention Chevrolet. ------------- http://www.correctcraftfan.com/diaries/details.asp?ID=4487" rel="nofollow - 1998 Ski Nautique |
Posted By: 63 Skier
Date Posted: December-12-2010 at 8:47pm
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But, Chevy didn't decide to rename the company "Corvette's".
I don't like the move - there is nothing preventing them from doing a great marketing job on "Ski Nautique by Correct Craft". If they decide to make a new Mustang, now it will be Mustang by Nautiques, not by Correct Craft, which to me is actually more confusing. An I/O is a better choice for most people that are not ski, or inboard, enthusiasts, which is a small cross section of the recreational boating market. Why? Because they cost less than half as much, have outdrives that tilt up for shallow water issues, will generally handle rougher water better than the inboard, and handling is more user friendly in reverse. So, CC needs to target a small market segment that wants and needs their high quality inboard boat and sell a pretty high % of that limited market. ------------- '63 American Skier - '98 Sport Nautique |
Posted By: harddock
Date Posted: December-12-2010 at 9:24pm
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Nautique became the generic term for a ski boat. kind of like ordering a Coke even if it is a off brand cola, or back when every high powered noisy pointed go fast boat was called a Cigarette boat, no matter who built it. Eliminating the Correct Craft was maybe to avoid confusion with MasterCraft and since CC only makes a boat called a Nautique in some form. Perhaps if they start to offer a more diverse line they will be back to calling all of them Correct Crafts.
Personally I prefer keeping the moniker Correct Craft, and my 98 still proudly displays the fact that it is one. ------------- http://www.correctcraftfan.com/diaries/details.asp?ID=4487" rel="nofollow - 1998 Ski Nautique |
Posted By: adamt
Date Posted: December-13-2010 at 5:14am
Yeah, like saying "Pass me the Ketchup", even though it's just catsup!!!  ------------- -Adam 1973 Skier |
Posted By: eric lavine
Date Posted: December-13-2010 at 10:00am
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I would bet that if Ford started making the "Pinto" again, the "if you get hit in the back of that thing it will blow up" will still follow the car to this day, even though it would be a safe vehicle ------------- "the things you own will start to own you" |
Posted By: thatdude596
Date Posted: December-13-2010 at 7:56pm
| id like to see the gremlin make a comeback |
Posted By: Titanjets
Date Posted: December-13-2010 at 11:55pm
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Wow,
Lots of posts on branding. The mystique of the Nautique is undeniable and with one word unmistakable. Nautique by Correct Craft but still a......Nautique. DFZ ------------- |
Posted By: horkn
Date Posted: December-14-2010 at 4:12am
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I still hear people say they think that MC and CC's are made by the same company.
Most of those people are I/O or OB owners though. ------------- 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 |