SeaCraft $$Value$$

FELLOW-SHIP · #1 02-01-2005, 09:42 AM

Supply and demand controls the value of everything we purchase. If the supply is low and the demand is high we are able to get more for anything we own. My house in Fort Lauderdale Fl. is now worth 4 times more that what I paid for it 25 years ago. Thanks to Jason / Trayder I think it is time to realize that SeaCrafts are worth more than what we use to think the value of his boat was. Jason e-mailed me the day he opened this sight telling me about ClassicSeacraft.com I was one of the first guys that signed in, at that time I had already bought my 23 CC months earlier and was in the process of fixing her up. I paid $4,000 for my dead hull. Today, if I was looking for a Potter era 23 CC hull only I would expect to pay $6,000 to maybe $7,500 for a hull in the same condition as what I got (Thanks Jason). I think we need to kick it up a notch and realize we have something very special and of value here and stop selling ourselves short regarding the values of our boats. WE should be “setting the curb” on value here regarding these boats and if we get a great deal we should realize that not everyone knows how good these boats really are yet and we got luck with a great score.
FellowShip [img]/images/graemlins/wink.gif[/img]

ScottM · #2 02-01-2005, 11:34 AM

Well said FS. Back in '97 when my father bought his 23 Sceptre, he paid about $8K for a turn-key rig. It had an 8 year old motor with low hours, color FF, recent canvas enclosure, etc. In today's market he could probably sell that same boat for at least $15K. Granted it now has a different engine and a trailer, but none the less, the appreciation of this boat is in the ballpark with real estate values.

abl1111 · #3 02-01-2005, 04:31 PM

Now, if we could only get the insurance companies to insure our boats at market value and not based on some silly, unrelated formula that is unrealistic.

Which, makes me think, as I type this; we are a large group of people - with buying clout. We are all obviously above average in seamanship and boat care. Wouldn't it be smart to try to sell ourselves as a package to an insurance company ?

It seesm to me, a smart, national insurance company would love to pick up 200-300 boats, the same type ( for the most part ) of a demographic of people that are above average in the care of their boat as well as boating safety.

?

Alan