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ContinuousWave: Whaler Marketplace
1995 19' Outrage II
|Author||Topic: 1995 19' Outrage II|
posted 08-18-2009 09:56 AM ET (US)
I am considering a 1995 19' Outrage II. Boat is freshwater and in good to better condition on a trailer. Has the original 150 Evenrude Ocean Pro. I am trying to gather data on its value. NADA and BUC have what seem to be very low values listed. Any input would be appreciated.
posted 08-18-2009 10:38 AM ET (US)
NADA and BUC are both online. You can just go there and look up values yourself.
posted 08-18-2009 11:59 AM ET (US)
Book is BS on boats. What is the asking price, condition, options, trailer, etc?
posted 08-18-2009 05:13 PM ET (US)
Asking is $16,000, seems steep. Condition is good to better. Light hazing from the sun on the horizontal surfaces. No major dings in the hull. Few surface cracks in the interior. Trailer is ok, usually dings and chips. Engine looks ok, have not had the chance to run it yet. That is my next step. I have already talked about $12,000 and seller the seller is a bit hesitant. Thoughts??
posted 08-18-2009 05:38 PM ET (US)
Sounds like you'll negotiate to a happy medium.
Boat valuation is very difficult right now because the market for used and new boats is in the tank. 2 years ago, $16,000 would be a pretty handsome deal for that rig.
Now, who knows? Depends ENTIRELY on the motivations of the seller and buyer.
When the market returns, I can say that unless we go through a depression, that hull should "hold steady" for many years in the 12-14K range and then drop to the 8-10K range and hold steady again.
I don't think I've seen a 1983-1990 18' Outrage (same outer hull) in decent condition sell for less than 8K no matter the market (geography).
posted 08-18-2009 05:51 PM ET (US)
For 16K it better be close to pristine. It may be worth that to him but if he wants to sell it the price has to come down quit a bit. A brand spanking new 150hp E-tec is around 10K leaving 6K for boat and trailer. See where I'm coming from? With a 14 year old motor hanging back there no matter how well it runs, is going to drag the price down many thousands of dollars. If the trailer is just ok, that will hurt resale value also. Without looking at pictures, I would say it is worth closer to $8000-9000, and the motor better be around 3-400 hrs. Add on top of all that, throw in the slow economy and your buyer base goes even lower. I would take a deep breath and see how it goes but it looks like you are starting off too far apart to even do much bargaining on this one.
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