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  1985 Outrage 18' - Reasonable asking price?

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Author Topic:   1985 Outrage 18' - Reasonable asking price?
runpasthefence posted 02-01-2009 04:53 PM ET (US)   Profile for runpasthefence   Send Email to runpasthefence  
I plan on listing my parents' 18' Outrage for sale within a week. I would like your opinion on what a fair asking price would be for this boat. Here are the details...

Boat:
1985 hull, fair cosmetic condition.
The good: New fuel tank from Florida Marine Tanks in 2007, re-glassed central cavity cover in 2007, old bottom paint stripped - all below water line holes were professionally repaired - new anti-fouling paint all in August 2008, refinished RPS seat, All teak in excellent shape - varnished.
The bad: Has several above water blemishes from the previous owner. Rub rail is minorly detached at the aft corners. The are a couple of spots where epoxy were spilled inside the boat. Caulk for central cavity is looking poor.

Engine:
2007 Suzuki 175, approx 200 hours, stainless 14 3/4 X 23 prop. Excellent running condition, professionally maintained. The only negative is a small hole in the top of the cowl where the engine was trimmed too high once. It has been sealed so that water does not intrude, but isn't cosmetically appealing.

Accesories, Rigging, Electronics:
Complete re-rig and rewire in 2007.
Seastar hydraulic steering,
10" set-back adjustable T-H marine jack plate.
Garmin color chartplotter/fishfinder/depthsounder combo., tachometer, fuel, and speedo gauges.
Dual battery system installed in console with 4 position battery switch.
Nav lights in good condition (non original, new in 07),
LED lighting under gunwales,
Pioneer radio with AUX input, Infinity 6.5" speakers new in 07,
New teak pulpit in 2007
Auto bilge pump with manual switch
Teak swim stem with stainless 3 step swim ladder
Full front cushion set from Hall's Nautical (locker cover, cooler seat, and two step cushions) - new in 2007
Mills Canvas Suntop new in 2007
Custom console/rps cover with gunwale covers
Two point transom mount ski bar.

We have a trailer with brand new hubs and bearing, however, the bunk supports are in poor shape. We've borrowing a trailer for about 6 months. I would rebuild our trailer if the buyer was interested.

Pictures

http://img.photobucket.com/albums/v611/yeahtoast02/18%20Outrage/After/ IMG_0387.jpg

http://img.photobucket.com/albums/v611/yeahtoast02/18%20Outrage/After/ IMG_1120.jpg

http://img.photobucket.com/albums/v611/yeahtoast02/18%20Outrage/After/ IMG_0173.jpg

Prio to deck hardware install...
http://img.photobucket.com/albums/v611/yeahtoast02/18%20Outrage/After/ IMG_1975.jpg

http://img.photobucket.com/albums/v611/yeahtoast02/18%20Outrage/ Reconstruction/IMG_0065.jpg

http://img.photobucket.com/albums/v611/yeahtoast02/18%20Outrage/ Reconstruction/IMG_2100-1.jpg


Looking forward to your input.


Mick

Buckda posted 02-02-2009 11:20 AM ET (US)     Profile for Buckda  Send Email to Buckda     
Mick -

Sorry to see this boat go, because I think in this market, it won't be able to fetch the prices it might have received in summer of 2007!

This is the gut-wrenching reality of selling a boat that was recently repowered, as I think you're going to see very little of that investment pay off due to the market, your location (SC is too close to used-boat saturated Florida), and an overall dismal consumer attitude/outlook.

With that said, it really depends on your patience. If you can sit on the boat with it for-sale through the summer, my recommendation would be to start fairly high - 16,000 - 17,000. Be prepared to dist and wait. It is worth the money, but there is a LOT of competition out there right now.

Dan posted 02-02-2009 05:59 PM ET (US)     Profile for Dan  Send Email to Dan     
I think if would help if you fixed: "The bad: Has several above water blemishes from the previous owner. Rub rail is minorly detached at the aft corners. The are a couple of spots where epoxy were spilled inside the boat. Caulk for central cavity is looking poor."
stayinstrewn posted 02-02-2009 09:24 PM ET (US)     Profile for stayinstrewn  Send Email to stayinstrewn     
that is a sweet looking ride...would love to make an offer, but i'm one of those consumers who's too timid right now!!

will look at it again in 6 months.

SS

runpasthefence posted 02-05-2009 12:31 AM ET (US)     Profile for runpasthefence  Send Email to runpasthefence     
Thanks to all for their input.

Dave, I hate to see the boat go as well. However, my parents just don't have the time to use the boat. I have probably logged 150 of the 200 or so hours on the 2007 engine. I put a lot of work into this for them, but times are tough and they could use the money. Plus, I'm a little selfish...it was a great skurfing and wakeskating boat!

I plan to repair several minor details on the boat before listing it officially, I was just curious to see an opinion of the boat's value as it sits.

Be looking out for an official listing on this site in the coming weeks.

Mick

callumfriseal posted 03-02-2009 03:43 PM ET (US)     Profile for callumfriseal  Send Email to callumfriseal     
Mick

Did you list this boat as yet? I am interested!

M

pglein posted 03-11-2009 04:21 PM ET (US)     Profile for pglein  Send Email to pglein     
I'm not familiar with your local market, but I would agree Buckda's assessment. That's a VERY nice looking boat, and the new fuel tank and recent repower are a huge bonus. List it at $16-17,000 to see if you get any bites. Expect to sell it within 6 months to a year for under $15,000. Don't be surprised, though, if you get offers around $12-13,000. Boats are NOT selling right now.
Dan posted 03-11-2009 04:46 PM ET (US)     Profile for Dan  Send Email to Dan     
I just sold my Montauk for a good price. If you have a really nice boat, and you market it right you can get a price that reflects it's true value. There are a lot of people who used to own 50K boats that don't mind spending on a Boston Whaler that costs a lot less to own. Make the boat perfect, and it will sell.
runpasthefence posted 03-11-2009 11:13 PM ET (US)     Profile for runpasthefence  Send Email to runpasthefence     
New thread!

http://continuouswave.com/ubb/Forum2/HTML/017431.html

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