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Author Topic:   Ventura value

unsinkable_2000 posted 06-19-2010 08:47 AM ET (US)
A family friend has a nice freshwater 18 Ventura, both engine and hull are 1998, used only in freshwater with 150hrs on a merc opti 135 w/150 hrs. Includes trailer. Any thoughts on value of this package? nada comes in at around high retail of $7400. Is that a bit low or right on the money? Let me know your thoughts and thanks
Jefecinco posted 06-19-2010 10:34 AM ET (US)
NADA is meaningless except to dealers seeking to pay far less for a boat than it's actual market value.
I estimate that boat and engine in very nice condition with a good trailer is worth a minimum of $17,000. I recently sold a turn key 1999 160 Dauntless in absolutely pristine condition for a bit more than that. The Ventura and same size Dauntless share hull designs.
The market rules, not NADA. Having said that, hire a surveyor and have the engine put on a computer and compression tested before completing a sale.
Butch
unsinkable_2000 posted 06-19-2010 12:22 PM ET (US)
Thanks for the input, much appreciated
Buoy posted 06-20-2010 08:10 PM ET (US)
I live in Long Island and just last year sold a 1999 18' Ventura, Yamaha 150 and trailer for $12K. Over the winter I purchased a 1999 20" Ventura with Yam 200 and trailer for $11k........
I've previously bought and sold a 1996 20" Dauntless, a 2000 21 Ventura, etc, I love to fool around with these models. I'm thinking your friend's package will fetch $9-$12k.
Best of luck!
Jefecinco posted 06-21-2010 10:21 AM ET (US)
Buoy,
From your post it's pretty clear that location is a big factor in determining boat values. Condition is also a very important factor if not the most important. What I would like to do if I were buying and selling used Whalers is to buy in Long Island and sell on the Gulf Coast.
Demand and seller/buyer anxiety are also in play. Ultimately, the price a buyer will pay and the price a seller will accept determines the deal.
If a publication existed which would record the details of every sale of every boat was available that would be very useful. Thankfully, most of us realize that the NADA publications fail to do that or to even come close.
Butch
sosmerc posted 06-21-2010 10:55 AM ET (US)
I would be sick if all I could get for my 1998 Ventura 18 was $12,000.
The current economy appears to be killing the used market as well as the level of new sales. There was a time when Boston Whalers held their value so well that one could almost think of them as an investment. Not so anymore.
Buoy posted 06-21-2010 04:24 PM ET (US)
Butch,
You can't purchase boats on Long Island and sell them on the Gulf Coast, you'd lose your shirt! I buy all of my boats from the south because I can't find them here in NY and they're much much cheaper in the south, i.e. I found the last one in Sarasota, FL.
I typically hold onto each one for a season or two, thoroughly enjoy it, and then sell it when a new one pops up. I might earn a thousand or two on each one but I'm not in it for the profit, I love restoring these types of boats cosmetically 100%....new decals, recovering upholstery, fixing snaps, replacing hardware, light gelcoat scratches, etc.......it's so much fun and keeps me busy.
Sosmerc,
The Ventura 18 was one of my favirites by the way, very roomy with those twin captains chairs as compared to the models with the back to back sleeper seat. It's just so easy to hop on board and go...gotta love that boat!
All boats depreciate so don't lose sleep over it, new ones simply cost too much to hold their value. And if I recall correctly, the bare hull only cost about $15k back in 1998 so why would you get sick over a $12k sale? :-) I'd say you've done damn well!
WhalerAce posted 06-25-2010 04:06 PM ET (US)
Buoy,
If you REALLY enjoy, as you said, "restoring these types of boats cosmetically 100%....new decals, recovering upholstery, fixing snaps, replacing hardware, light gelcoat scratches, etc.......it's so much fun and keeps me busy", you are welcome to USE FOR FREE next summer my Temptation 2500 and Sport 11! Hint, Hint.
--- WhalerAce
10000 Lakes posted 06-25-2010 09:18 PM ET (US)
NADA is more for bankers and insurance companies than for establishing actual current market values.
The buyer is the true "NADA" guide.

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Author	Topic: Ventura value
unsinkable_2000	posted 06-19-2010 08:47 AM ET (US) A family friend has a nice freshwater 18 Ventura, both engine and hull are 1998, used only in freshwater with 150hrs on a merc opti 135 w/150 hrs. Includes trailer. Any thoughts on value of this package? nada comes in at around high retail of $7400. Is that a bit low or right on the money? Let me know your thoughts and thanks
Jefecinco	posted 06-19-2010 10:34 AM ET (US) NADA is meaningless except to dealers seeking to pay far less for a boat than it's actual market value. I estimate that boat and engine in very nice condition with a good trailer is worth a minimum of $17,000. I recently sold a turn key 1999 160 Dauntless in absolutely pristine condition for a bit more than that. The Ventura and same size Dauntless share hull designs. The market rules, not NADA. Having said that, hire a surveyor and have the engine put on a computer and compression tested before completing a sale. Butch
unsinkable_2000	posted 06-19-2010 12:22 PM ET (US) Thanks for the input, much appreciated
Buoy	posted 06-20-2010 08:10 PM ET (US) I live in Long Island and just last year sold a 1999 18' Ventura, Yamaha 150 and trailer for $12K. Over the winter I purchased a 1999 20" Ventura with Yam 200 and trailer for $11k........ I've previously bought and sold a 1996 20" Dauntless, a 2000 21 Ventura, etc, I love to fool around with these models. I'm thinking your friend's package will fetch $9-$12k. Best of luck!
Jefecinco	posted 06-21-2010 10:21 AM ET (US) Buoy, From your post it's pretty clear that location is a big factor in determining boat values. Condition is also a very important factor if not the most important. What I would like to do if I were buying and selling used Whalers is to buy in Long Island and sell on the Gulf Coast. Demand and seller/buyer anxiety are also in play. Ultimately, the price a buyer will pay and the price a seller will accept determines the deal. If a publication existed which would record the details of every sale of every boat was available that would be very useful. Thankfully, most of us realize that the NADA publications fail to do that or to even come close. Butch
sosmerc	posted 06-21-2010 10:55 AM ET (US) I would be sick if all I could get for my 1998 Ventura 18 was $12,000. The current economy appears to be killing the used market as well as the level of new sales. There was a time when Boston Whalers held their value so well that one could almost think of them as an investment. Not so anymore.
Buoy	posted 06-21-2010 04:24 PM ET (US) Butch, You can't purchase boats on Long Island and sell them on the Gulf Coast, you'd lose your shirt! I buy all of my boats from the south because I can't find them here in NY and they're much much cheaper in the south, i.e. I found the last one in Sarasota, FL. I typically hold onto each one for a season or two, thoroughly enjoy it, and then sell it when a new one pops up. I might earn a thousand or two on each one but I'm not in it for the profit, I love restoring these types of boats cosmetically 100%....new decals, recovering upholstery, fixing snaps, replacing hardware, light gelcoat scratches, etc.......it's so much fun and keeps me busy. Sosmerc, The Ventura 18 was one of my favirites by the way, very roomy with those twin captains chairs as compared to the models with the back to back sleeper seat. It's just so easy to hop on board and go...gotta love that boat! All boats depreciate so don't lose sleep over it, new ones simply cost too much to hold their value. And if I recall correctly, the bare hull only cost about $15k back in 1998 so why would you get sick over a $12k sale? :-) I'd say you've done damn well!
WhalerAce	posted 06-25-2010 04:06 PM ET (US) Buoy, If you REALLY enjoy, as you said, "restoring these types of boats cosmetically 100%....new decals, recovering upholstery, fixing snaps, replacing hardware, light gelcoat scratches, etc.......it's so much fun and keeps me busy", you are welcome to USE FOR FREE next summer my Temptation 2500 and Sport 11! Hint, Hint. --- WhalerAce
10000 Lakes	posted 06-25-2010 09:18 PM ET (US) NADA is more for bankers and insurance companies than for establishing actual current market values. The buyer is the true "NADA" guide.