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P71_CrownVic
Gold Member Joined: July-07-2008 Location: SD Status: Offline Points: 534 |
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Posted: July-18-2014 at 8:21pm |
Craig's wonderful list
For those that have restored the mid-80s boats, based on what you see and read, what would I be looking at in terms of cost to get her on the water? I'm considering offering him $1500 for it. Thoughts? |
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bkhallpass
Grand Poobah Joined: March-29-2005 Location: United States Status: Offline Points: 4723 |
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I paid $1500 for one in far worse shape than that about 7 years ago (don't ask status on the rebuild). If his wood work is any good at all and the stringers are properly bedded to the floor, I think that would be a great deal if you could get it for $1500 or 2K. IMHO, the most time consuming part of the stringer job is already done.
BKH |
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Livin' the Dream
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P71_CrownVic
Gold Member Joined: July-07-2008 Location: SD Status: Offline Points: 534 |
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Based on your experience, how much $$$ do you think I'd have to shell out to get her on the water? |
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bkhallpass
Grand Poobah Joined: March-29-2005 Location: United States Status: Offline Points: 4723 |
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Going to need to talk to Tim Benjamin or one of the others about that. I'm not much beyond the progress in your pictures. I still need to buy and install the foam, and glass in the floor. My interior also needs replacement.
If he's not providing any materials, you've probably got at least a grand in figerglass, resin, etc. Tim, Joe, others have actually finished several of these. They should be bette judges of cost to complete. BKH |
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Livin' the Dream
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SNobsessed
Grand Poobah Joined: October-21-2007 Location: IA Status: Offline Points: 7102 |
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The big question is why do you want to buy it? Do you want a second boat?
If you are looking to make a profit, there are easier ways to make a buck . . . |
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“Beer is proof that God loves us and wants us to be happy.”
Ben Franklin |
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P71_CrownVic
Gold Member Joined: July-07-2008 Location: SD Status: Offline Points: 534 |
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Profit would be my first motivation. (95%) Second would be to keep it and have two.....identical boats. I'm not sure why I would need two, but two is better than one. (3%) Third would be to complete it with the new stringers and sell the one I have now. (2%) But to resell it is the realistic scenario. |
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TRBenj
Grand Poobah Joined: June-29-2005 Location: NWCT Status: Offline Points: 21125 |
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87's are a better tube boat, duh.
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Donald80SN
Grand Poobah Joined: January-12-2009 Location: Denver, NC Status: Offline Points: 3888 |
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What type of wood (Pine or Douglas Fir)are the replacement stringers? If the proper wood was not used, you may just have some precut patterns.
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AAM196
Gold Member Joined: October-23-2012 Location: Pittsburgh, PA Status: Offline Points: 846 |
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like the title of this thread... so true!
Boat looks like a good project start but you know the market value of it finished is around $6,500 so if you bought for 2 and put 2 into it best case... would you be happy with $2,500 profit for all your time and headaches? Do you have an extra garage bay to store till it's done and sells? What if you had $5,500 into it and an extra month of troubleshooting? |
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malibud
Gold Member Joined: July-08-2009 Location: north carolina Status: Offline Points: 611 |
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It is definitely risky. trailer ? I have bought and sold a few boats. this a hard time to sell one. but you have a winter project. Spring is the best. I would budget 2k and a lot of work. The newer nautiques are easier to sell. I just upgraded to a sport and having a hard time sell my 85 for 5k interior is not as good but it does have a tandem trailer, PP, and tower. By mid summer most people who want a boat have one. 2 cents
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8122pbrainard
Grand Poobah Joined: September-14-2006 Location: Three Lakes Wi. Status: Offline Points: 41040 |
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Doug Fir is my choice. Since you are in the west,it should not be hard to find. It's strength is by far superior. |
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63 Skier
Grand Poobah Joined: October-06-2006 Location: Concord, NH Status: Offline Points: 4234 |
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My take is restoring inboard ski boats is a bad way to try to make money. The market simply doesn't pay for all the good work you might do. With all the boats you look at on Craigslist, you see that a project is listed at $3,000, a turnkey boat in beat up condition is listed at $5,000, and a turnkey boat with interior and gel in good shape is $6,500. I just don't think it's worth all that effort to try to make a few bucks, you end up with your hourly labor being worth $2.50/hour.
Just my opinion, and of course if you just love doing the work and have the time, why not? The idea of keeping it for a 2nd boat makes the most sense to me. |
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'63 American Skier - '98 Sport Nautique
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TX Foilhead
Grand Poobah Joined: February-01-2009 Location: Kingsland TX Status: Offline Points: 2076 |
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Boat & Profit should not be used in the same sentence.
If it's in good shape, $2000 for a spare motor and interior and 2 really cool fiberglass bars isn't a bad deal. |
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Dreaming
Platinum Member Joined: May-21-2010 Location: Tacoma, WA Status: Offline Points: 1870 |
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I sold my 82 for 2200 last year with the floor and motor out. I don't think 2000-2500 is out of line for that boat, especially with a decent interior. as stated above, unless you have a real hankering for some fiberglass work, there are easier ways to make some money.... I bet with a new floor/stringer set up , you will only clear about 1k if you play your cards right. You could make that much money by delivering pizzas for a month and then you wouldn't be too tired to ski/boat at night when your done
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wwchevy
Senior Member Joined: August-22-2011 Location: Michigan Status: Offline Points: 369 |
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I like the boat, looks like a good project but if you completed that boat and made $2,500.00, I would be surprised. There are always the "while I'm in here I might as well..." things that creep in plus like Pete said the stringers are already done. If they are done right, you are in good shape- if they aren't . Don't listen to me because I'm a little bitter right now, I am nearing completion on my second stringer job and realizing that boat mechanics should make more than 26 cents an hour for this hard of work. |
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wwchevy
1989 Barefoot Nautique |
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P71_CrownVic
Gold Member Joined: July-07-2008 Location: SD Status: Offline Points: 534 |
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Not until my '86 has it's stringers done! |
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