Suitable value for a boat?

JAFFACAKE

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Hi all

This is my first post so i hope this is the correct forum. If not, then i apologise in advance to the mods and fellow members.:cool:

I have an opportunity of getting my first powerboat - however i know very little about what these kind of craft go for so im unsure whether im getting a good deal or not.

The craft concerned is a Wellcraft Excalibur 38. Its a 1997 model and has just been lifted, cleaned, resealed and polished. Im told its been valued at over £75,000. Would this be in the ballpark for this kind of craft? Do 'engine hours' affect the value in the way mileage does for a car?

What important information do i need before i seal the deal?

If anyone can help me out or direct me to a suitable website i'd appreciate it :D

Thanks for reading
 
Hi all

This is my first post so i hope this is the correct forum. If not, then i apologise in advance to the mods and fellow members.:cool:

I have an opportunity of getting my first powerboat - however i know very little about what these kind of craft go for so im unsure whether im getting a good deal or not.

The craft concerned is a Wellcraft Excalibur 38. Its a 1997 model and has just been lifted, cleaned, resealed and polished. Im told its been valued at over £75,000. Would this be in the ballpark for this kind of craft? Do 'engine hours' affect the value in the way mileage does for a car?

What important information do i need before i seal the deal?

If anyone can help me out or direct me to a suitable website i'd appreciate it :D

Thanks for reading

Put simply, this is only good value, if you the purchaser thinks it is , and are prepared to pay the money. if this is your first boat, I would suggest you mooch around a marina or 2, and talk to boaters. Generally they are a friendly sort. keep your eyes peeled on a number of brokers and internet sites, and you will get a feel for YOUR value.
 
Hi all

This is my first post so i hope this is the correct forum. If not, then i apologise in advance to the mods and fellow members.:cool:

I have an opportunity of getting my first powerboat - however i know very little about what these kind of craft go for so im unsure whether im getting a good deal or not.

The craft concerned is a Wellcraft Excalibur 38. Its a 1997 model and has just been lifted, cleaned, resealed and polished. Im told its been valued at over £75,000. Would this be in the ballpark for this kind of craft? Do 'engine hours' affect the value in the way mileage does for a car?

What important information do i need before i seal the deal?

If anyone can help me out or direct me to a suitable website i'd appreciate it :D

Thanks for reading

I guess it is this one:- http://cgi.ebay.co.uk/ws/eBayISAPI.dll?ViewItem&item=250682953368&ih=015&category=1296

I would check out what it costs to run, it will be very expensive!!
Much better value for £75k around and will be difficult to sell.
 
If its the one on ebay then tread carefully, thats a typical first time buyer mistake, huge US petrol powered monster thats virtualy unsaleable in the UK, another year and that will only be worth £30-40K if you can sell it at all.

Keep looking and have a look at few UK brands in the same price range, Fairline, Princess, Sealine etc.. Don't get too worried about the age or engine hours, boats are not like cars high hours usualy better for reliability, low hours means under use and neglect.
 
"What important information do i need "

Just a ball park figure but you could be using around 20gallons an hour with that boat,so lets say you nip out for a 3 hour run.Marina petrol is around 1.50 a litre so 60 gallons at £6.75 per gallon...........say £400.00.
You may want to consider putting a sail on it. :)
 
once took aboat with twin 7.3l v8 petrol's...
from thorne to hull(9mile down canal-25mile or so trent/humber).
used £200 of petrol.!!
enough said....
 
Hi all

This is my first post so i hope this is the correct forum. If not, then i apologise in advance to the mods and fellow members.:cool:

I have an opportunity of getting my first powerboat - however i know very little about what these kind of craft go for so im unsure whether im getting a good deal or not.

The craft concerned is a Wellcraft Excalibur 38. Its a 1997 model and has just been lifted, cleaned, resealed and polished. Im told its been valued at over £75,000. Would this be in the ballpark for this kind of craft? Do 'engine hours' affect the value in the way mileage does for a car?

What important information do i need before i seal the deal?

If anyone can help me out or direct me to a suitable website i'd appreciate it :D

Thanks for reading

Please do not buy this boat. It is a large twin petrol! Having owned one they are only good for giving away. I had mine on a Lake and could use £250 a weekend!

Paul
 
You dont mention your level of experience, but given your question, I ll assume it is limited.
While a muscle boat might look like fun- and for someone it might be- it is probably very limited in its practicality. In other words, its fun for a short time, and then you realise its rubbish at so many things that you actually need a different type of boat. And that will be a very very expensive lesson with this boat.
Of course it might be just what you want, but then you would be better looking at some diesel powered boats-maybe some of the UK builders. At least there is a following for them and a second hand market. And parts. And knowledge etc ! Have a good think about what you actually want to do with a boat, and then ask the forum for a shortlist of boats to consider. I dont think anyone will include this one ;)
 
Hi all

Firstly allow me to apologise for the delay in responding. Sometimes life gets in the way. Sorry.

Secondly, i'd like to sincerley thank everyone that took the time to leave a reply. It was all very illuminating! :eek: Im very glad that I posted on these boards and appreciate the sentiment expressed in the posts. THANK YOU! :)

I think i'll be looking at something a little cheaper to run for a start ...! :p
 
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