2001 Pricing

[Erik]

Re: RE: Re: RE: Re: RE: 1986 2001...303 hours $13,500

2k4, I agree with the other guys. Very rarely will a seller recoup the costs of upgrades and other expenditures when it comes time to sell something like a boat or car. In fact, some "upgrades" will reduce the value of the boat in some buyers' minds. Holes drilled for a tower, ballast system, cover snaps, or having the original graphics removed are some examples that will turn some buyers off. When demand goes down, so does the price.

Yep - agreed. Upgrades are for the person making the upgrades and nobody else. Which is totally fine, and is sort of the point of upgrades. Upgrades = personalization.

But recently - and I am really perplexed at this - I am coming to the conclusion that towers devalue Ski Nautique 2001's some in terms of resale value. Not by a lot mind you, but by enough to get my attention.

I'm sure many on here will say "no duh" to that one, but it hadn't really sunk in for me until recently.

[wakeboardin2k4]

RE: Re: RE: Re: RE: Re: RE: 1986 2001...303 hours $13,500

I still feel that upgrades and rebuilding/replacing parts increases the value of the boat, not simply because of the value of an individual part but to a large degree it can show that you have a strong passion for your boat and that you keep constant maintenance on the boat. And my excel sheet not only had all the upgrades I've done on my boat but I also have kept track of oil changes at various hours, replacement and rebuilding of parts.

As far as the tower and ballast system decreasing the value of the boat I would guess that relates to the individual buyer. If the buyer is looking for a 2001 in its original state of course my boat or anyone elses wakeboarding set up 2001 will turn off that buyer. But to a wakeboard enthusiast who is looking to get into a great wakeboard boat for well less than many other boats ShaneandAshleys boat or my boat or someone like froses76 boat would appeal to them and they may pay the 13,5 that is being asked. Its a broad market and for someone to say that the 13,5 being asked is outragous and a "typo" etc is first off rude to do in a post where they are trying to sell their boat and also not any of that persons business what someone chooses to ask for.

[Erik]

RE: Re: RE: Re: RE: Re: RE: 1986 2001...303 hours $13,500

wakeboardin2k4 it is a message board... If the comments were really that feared then there are other options - like taking out an ad. But Rude? Maybe but he has a point and so do you.

Could go either way on the upgrades business. I know when the time comes to sell my SAN I am not going to tout the stereo I put in it, or make a big deal about any maintenance work I've done on her. I'll simply advertise and hope that what goes for the 2001 goes for the Super Sport Yellow_Flash_Colorz:

[wake_fun]

RE: Re: RE: Re: RE: Re: RE: 1986 2001...303 hours $13,500

Nice way to ruin a guys for sale ad for a nice boat.............how about all this price BS take place in the general forum?

[BHog]

RE: Re: RE: Re: RE: Re: RE: 1986 2001...303 hours $13,500

Well here is my input. I think that the price is a little high. However, I havent seen too many correct crafts sold at nada price. I know on my 99 Super Air is worth more than $20,000.00, like NADA says. I think as long as the prices go up on the new models, it makes the used boats hold there value a little more. As far as upgrades goes my dealer said perfect pass, board racks and ballast are the only upgrades that MAY add a little value (had tower and rear ballast when I bought it, no board racks). I just did a stereo upgrade and I know as far as resale value goes that money just went down the drain.

[tourpro]

RE: Re: RE: Re: RE: Re: RE: 1986 2001...303 hours $13,500

I love the 2001 as much as the next guy but ... there certainly comes a point where a potential buyer knows he can get a MUCH newer boat for the same or less money.

A '93 SN might not throw as good a wakeboard wake as a 2001 of any year but .... The huge advantage of a wood-free SN might be the deal breaker. Especially if the '93 is cheaper.

Personally, I'd rather buy the newer one unless someone has completely re-done the 2001, incl floors and it was done by someone reputable. I also think a ballast system can reduce the value of a 2001. Esp if it appears permanent or that the addition of all that weight somehow comprimised the craft. ( see really well re-done grey 2001 filled well beyond capacity at gas dock pic )

[WakeSlayer]

RE: Re: RE: Re: RE: Re: RE: 1986 2001...303 hours $13,500

In my own experience selling my two previous boats... I was in no hurry to sell so I was able to hold firm to my price. I had a 90SN and got what I paid for it, $13500. My only cost was a crappy stereo and two good speakers. I had the boat for 5 years, and put nearly 650 hours on it. My second boat was a 92BFN V-drive. I bought it for, and sold it at $18500. I did pay for the tower and leave it on the boat, but removed the stereo I had put in it. Total cost for 5 years of use and 400 hours was the cost of the tower at around $1800. These boats hold their value over time, and I really do not feel he is that far off on what he is asking, if at all. Sure you can get them for $5k, but do you really want that $5k boat and the issues that go with it?? I don't. Go look over at CCFan's listings, there are bunch of them in the low 5 digit range.
I still wouldn't even consider selling my SAN for what I paid for it, including stereo upgrades, PP, etc.

[east tx skier]

Pretty interesting thread.

I just sold my 93 MC 205 this past September and got a few emailed comments like "you'll never get anything near that price" or "NADA is _____. " My response was to politely thank the person for his interest, but inform him that that was the asking price and that I would happily consider all offers. My philosophy is that you only have one chance to be unreasonable, i.e., you'll never get more than your initial asking price. So there's no reason to sell yourself short. But there are limits to this. Not knowing all that much about sales of 2001s, I'm not struck with the reasonableness of the price at issue.

Region of the country (or continent) has a great deal to do with it. I got a lot more selling it to a guy in Canada than I would have been able to get selling it to someone local. But that's the beauty of the internet. Huge audience, many of whom don't have such ready availability of ski/wake boats as we do, for example, in Texas.

In the end, the boat sold in less that 30 days for well over NADA (but I came off the asking price a bit in negotiations). So while it wasn't worth what I was asking to some, that certainly didn't matter to me since it was close to that amount to someone.

I didn't get my money out of 5 years of ownership, but I wasn't exactly selling it with that as my goal. I had just bought my Ski Nautique and wasn't in any position to own two boats for long (not that I ever mentioned that publicly while I was selling).

Good luck with your sale.

[Hollywood]

Re: RE: Re: RE: Re: RE: Re: RE: 1986 2001...303 hours $13,50

I still feel that upgrades and rebuilding/replacing parts increases the value of the boat.

Wrong. Maintenance MAINTAINS the value of the boat. And not everybody buys a 2001 to wakeboard behind! I'd say 99% of wakeboarders would spend their $10k plus on a downpayment for a newer boat than drop it on an "upgraded" 2001.

Your boat is not worth $13.5k either. You'll realize this the day you sell it for a SS/SAN. Yellow_Flash_Colorz:

[Erik]

RE: Re: RE: Re: RE: Re: RE: 1986 2001...303 hours $13,500

I guess about some things I can agree with Hollywood despite our differences.

1. I concur with the above.
2. Towers devalue the boat - first asserted by him and after giving it some thought, I must agree.

Also - regarding that photo - not only is that a good candidate for the front cover of an upcoming Mensa International application booklet (sorry), but since I know something about the history of the boat it is probably the only one I can think of (barring any dead-stock 2001's that may be laying around with 50hrs on it) that is worth 13.5k.

[bchesley]

RE: Re: RE: Re: RE: Re: RE: 1986 2001...303 hours $13,500

I hope that you can prove us all wrong with a 13.5k selling price. Please be honest what the final sales price will be. I will be curious......

[jc]

RE: Re: RE: Re: RE: Re: RE: 1986 2001...303 hours $13,500

Who don't we let the guy try to sell his boat? If you think it's to much, don't but it, move on. And seriously is there honestly thoughts that a stock original boat is worth more than the same boat with some after market add on's like perfect pass, a heater, maybe a new stereo system? Sounds a little off.

[TRBenj]

Re: RE: Re: RE: Re: RE: Re: RE: 1986 2001...303 hours $13,50

Who don't we let the guy try to sell his boat? If you think it's to much, don't but it, move on. And seriously is there honestly thoughts that a stock original boat is worth more than the same boat with some after market add on's like perfect pass, a heater, maybe a new stereo system? Sounds a little off.

This is a discussion forum. If you dont want to discuss, ignore the thread and move on. :mrgreen:

And yes, in my opinion a 100% stock boat is worth at least as much (usually more) than a boat with add-ons. Not everyone wants a boat with a heater or a stereo, let alone a tower or ballast system. Any "upgrade" that isnt 100% easily reversible (eg, holes were drilled or cut) has the potential to lower the value.

[Erik]

RE: Re: RE: Re: RE: Re: RE: Re: RE: 1986 2001...303 hours $1

jc - this thread was split from the ad thread so exists by itself now. The argument that it is taking away from his ad is no longer of merit.

It is an interesting thread - with a lot of good issues being raised. Which is exactly what a forum is for.

[jc]

2001 Pricing

Well, in my experience with the 6 Nautiques I have owned, that has never been the case. And yes, I wanted to discuss and throw in my 2 cents like everyone else, hence the post. But why is a new loaded limited Nautique worth more than a base no ''frills'' one? With regards to resale, usually the more options the better the value, cars, trucks, boats, etc. Although I do agree if it does not look good or suit the boat (monster tower) then it would hurt the value. I hope this guy gets what he wants for his boat because it helps all of us as far as resale. This whole thread is funny.