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25' Cuddy- should I buy
|Author||Topic: 25' Cuddy- should I buy|
posted 02-11-2002 09:03 PM ET (US)
I have a friend with a 1983 Outrage Cuddy that has not been used for over 5 years. The boat worked great when stored last. Blue book lists the boat from $4,000-5,200 plus engines at about $700.00 each. The 1984 Mercury engines will need at least $1,000.00 each and they still may not run well. The electrical, fuel tank and floorboards may be rotten? Is this boat worth what the blue book quotes or is it worth more or less?
posted 02-11-2002 09:07 PM ET (US)
Also- Are there any other concerns (problem areas) I should be aware of?
|Tom W Clark||
posted 02-11-2002 09:09 PM ET (US)
"Blue Book" values are far below market value, though regarding the motors, maybe they are accurate in this case. Just think of it as buying the boat. You'll be buying new power for it so figure that into your budget.
You are correct that the fuel tank, hoses, wiring and floor boards may be rotten.
posted 02-11-2002 09:21 PM ET (US)
$6000 for a 25 Outrage with twin 150's? Unless it's been used as a crabber, it's probably worth $20,000. You can't even buy a good 1983 Montauk for $6000. The fact that it hasn't been used for 5 years adds to it's value, unless it was left outside, uncovered, unattended, filled with water and used as a bird bath.
If the guy wants to sell it, he should spruce it up a little, have the engines checked out & buffed, and advertise it for 20 grand. But maybe you don't want to tell him that. There are probably 20 people on this site that would buy it "sight unseen" for the six thousand.
Check out the Cetacea page on the re-hab of one of these same boats up in Holland Mi.
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