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ToddW
Sagittarius
Pwc'er
Hesperia,CA / Golden Shores,AZ
Posts: 51
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Yamahas 00 LS2000, 01 GP1200R, 9
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Posted: June 01 2006,2:42 pm |
Post # 1 |
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OK guys, I got a question for you. What happens to all the older high end boats? Where do they go? I remember back when the Sleek Craft in Carrera Elite's avatar was all the rage. All the high rollors had one. Now it's the Elliminator 1/4 canopy, etc. You don't see any of those old Sleek Crafts, (insert brand here), etc. Not any, ever. Where did they go? I searched the boat trader and hot boat for them. They're gone. Not that I really want one but those high end boats disappear after about 10 years. Are the people buying these boats keeping them for 10 years until they go out of style and sinking them? Collect insurance money and start all over. I personaly can't see spending $250,000+ on a boat. Then having a $2500/month payment on a 20 year old boat. Anyone got any thought here or know anyone that owns a high dollar boat? Ask them for me.
Later,
Todd
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ToddW
Sagittarius
Pwc'er
Hesperia,CA / Golden Shores,AZ
Posts: 51
APPD 0.01
Post Rank: 186
Yamahas 00 LS2000, 01 GP1200R, 9
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Posted: June 01 2006,2:58 pm |
Post # 3 |
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That's kind of what I was thinking. To find an old boat that needs to be gone through complete. They should be dirt cheap by now and in need of repair. I just haven't seen one in years. Of course I spend more of my time at Havasu (show-off capitol of the boat world).
On the other hand, I was just telling my wife I miss my old 18' jet and would like to maybe find an old v-drive BB boat to go through. I see they still pull about 15K for one in good shape. They're still only good for first thing in the morning but, they were fun and would be a nice second boat for the right price.
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shueman
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Alta Loma CA
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Posted: June 01 2006,3:55 pm |
Post # 6 |
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| Quote (Sleek-Jet @ June 01 2006,2:48 pm) | | ...Lots of those boats are sitting in a storage shed, or in a lot somewhere... |
What's sad is to go by a storage yard and see these nice, or one nice, boats just baking away. What I would give to get my hands on some of them.
You talk to the people that run the storage facility and they won't give you any info, other than "they pay their rent, but nobody comes around to check on 'em"..... 
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ToddW
Sagittarius
Pwc'er
Hesperia,CA / Golden Shores,AZ
Posts: 51
APPD 0.01
Post Rank: 186
Yamahas 00 LS2000, 01 GP1200R, 9
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Posted: June 01 2006,8:25 pm |
Post # 7 |
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It's sad to see these things rot away. A friend of mine had the 70's pimp ride  . A Sleek day cruiser. He offered to sell it to me for $3000 about 10 years ago. I remember it being a bitchin boat. So, I drive out to Bullhead to see it where it been stored. It looked like it had been sitting in a field for 5 years without a cover. I needed everything, interior, gel coat, cables, steering wheel. I was like, "you'd have to pay me to take that thing". To find an old Nordic, Scarab, Sleek, etc. that needed a full restore would be okay if you could score it for next to nothing. Then dump all the money it needed into it and have a bitchin retro boat. You see the old 17'-19' jets, v-drives, etc and slightly newer sterndrive bow riders but, I just don't see many of the big boats the seamed to rule the late 80's. By the way, sweet ride Carrera  . Those are the exact boats I never seem to see anymore.
Peace,
Todd
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My Man's Sportin' Wood
Capricorn
HDF Supporter
Hallett Hottie
Flathead Lake Montana/Lake Havasu City
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Posted: June 01 2006,9:17 pm |
Post # 9 |
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They end up either in some rednecks back 40 (like mine) baking and collecting dirt or out in the desert somewhere on some property and same thing.
I can't see paying storage for something like that. What a waste of 100+ a month if you're not using it.
Although, you wouldn't believe the amount of folks who have trailers in our park and NEVER go there. Some have not been there in 3 years and continue to pay the rental and utilities. Why would someone do that?? I'd rather put that $$ in a mutual fund or something rather than give it to the feds.
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shueman
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Alta Loma CA
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Posted: June 01 2006,9:29 pm |
Post # 10 |
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| Quote (My Man's Sportin' Wood @ June 01 2006,9:17 pm) | | ...you wouldn't believe the amount of folks who have trailers in our park and NEVER go there. Â Some have not been there in 3 years and continue to pay the rental and utilities..... |
That's a REAL SHAME, isn't it...  What I'd give, if I had it, to have a place on or near the water.... 
Get me some keys and I'll be glad to visit and fix things up.... 
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ToddW
Sagittarius
Pwc'er
Hesperia,CA / Golden Shores,AZ
Posts: 51
APPD 0.01
Post Rank: 186
Yamahas 00 LS2000, 01 GP1200R, 9
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Posted: June 01 2006,9:52 pm |
Post # 11 |
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| Quote (shueman @ June 01 2006,9:29 pm) | | Quote (My Man's Sportin' Wood @ June 01 2006,9:17 pm) | | ...you wouldn't believe the amount of folks who have trailers in our park and NEVER go there. Â Some have not been there in 3 years and continue to pay the rental and utilities..... |
That's a REAL SHAME, isn't it... Â What I'd give, if I had it, to have a place on or near the water....
Get me some keys and I'll be glad to visit and fix things up.... Â |
We kind of lucked out on our place. We don't have a ton of money (of course who does we all live to what we make). We were spending a ton of money a couple of times per year to pull the boat or skis down to Crazy Horse and rent a trailer. We herd about Golden Shores and went to check out buying a little trailer or lot. As it turns out we hooked up with a lender that had a brand new mfg home for sale. She was able to get us financed on the deal with 20% down. We tapped our home for a 2nd to make the down and our payments on the river pad are about $800/month. About half of what we would spend for a week at Crazy Horse. Now we leave the boat, skis, and tow vehicle down there. It cost us $30-$35 to drive down and back in our Honda Civic. Plus, the place is nicer than our house. At the start we were going to try to rent the place a few weeks per year but with it being new we don't want it thrashed. So, we keep a tight budget and go down as we can afford it. About twice a month during the summer. So for about the price of a new truck payment I'll make do with some old cars for a while to have a place .8 miles from water and 5 miles from a launch ramp. Just got to watch my nickles and dimes for a few years. It helps at tax time too. Take a look around down there. I know a guy that has a brand new mobile and 24X34 garage down there in a fully fenced yard for sale at $165,000.
Edited by ToddW on June 01 2006,9:54 pm
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shueman
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Alta Loma CA
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Posted: June 01 2006,10:46 pm |
Post # 12 |
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I was watching lot prices in Golden Shores a few years back when Havi got to expensive for my budget.
They were under $10k 3-4 years ago, then it exploded. Some investor came in and bought up everything...  They went to $14k within 6 months and last year Pat was selling them for $30k.... Woulda, shouda, coulda
Nice move on getting a place. It will pay dividends well into the future. I've been watching Willow Valley for a good deal as well, but a nice place will run you $150k or more.
I'll def. have to cruise through the nieghborhood and give it a reall look-see with the wife. $165k for a brand new unit w/garage is not all that bad.
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freddog
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Gilbert, AZ
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Triton Enforcer
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Posted: June 02 2006,12:13 am |
Post # 13 |
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A couple of years ago some guy reported that his boat had sunk. It was a nice boat, big "go-fast", don't remember what kind. Anyway, he was going to collect the insurance on it, since it couldn't be recovered, it had sunk too deep. We dove down to it, found that all the gauges, drives, interior, and a bunch of other stuff had been stripped out before it sunk. Oops! 
Carbon Monoxide poisoning kills boaters. Â Take the time to learn about it and how to avoid it.
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ToddW
Sagittarius
Pwc'er
Hesperia,CA / Golden Shores,AZ
Posts: 51
APPD 0.01
Post Rank: 186
Yamahas 00 LS2000, 01 GP1200R, 9
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Posted: June 02 2006,5:12 am |
Post # 15 |
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| Quote (freddog @ June 02 2006,12:14 am) | | I think that happens to alot of them. Â The payment seems to get bigger as the boat gets older. |
That's sure what I had in my head too. I can see people financing them with a balloon payment knowing they'll never see the last payment. I'm pretty sure a few of them get stolen  only to be recovered minus drives and engines and claimed a total loss. I don't think I could do it but, I think it may be happening none the less. A boat is a terrible investment and the investment is huge for the high end boats. I just can't picture someone with enough funds to buy a boat of this caliber loosing $400,000 in depreciation over 10 years or so.
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shueman
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Posted: June 02 2006,6:06 pm |
Post # 16 |
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| Quote (freddog @ June 02 2006,12:13 am) | | A couple of years ago some guy reported that his boat had sunk. Â It was a nice boat, big "go-fast", don't remember what kind. Â Anyway, he was going to collect the insurance on it, since it couldn't be recovered, it had sunk too deep. Â We dove down to it, found that all the gauges, drives, interior, and a bunch of other stuff had been stripped out before it sunk. Â Oops! |
We were just helping with the fish habitat.... 
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shueman
Libra
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Posts: 17,228
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Posted: June 03 2006,6:03 pm |
Post # 21 |
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| Quote (freddog @ June 02 2006,11:44 pm) | | ....I added a pair of Oakleys for some small fish habitat, for the cool fish.... |
  Guv'mt issue of course.... 
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