Articles
   
       
       
Pics/Video
   
       
       
Shop
Search
 
 
 
 
 
Home   Articles   Pics/Video   Gear   Wake 101   Events   Community   Forums   Classifieds   Contests   Shop   Search
WAKE WORLD HOME
Email Password
Go Back   WakeWorld > Boats, Accessories & Tow Vehicles

Share 
Reply
 
Thread Tools Display Modes
Old    Chris Bucklin (chrisbucklin)      Join Date: Mar 2012       02-15-2014, 5:29 AM Reply   
I've got a 2013 sa 550 that I'm thinkin bout selling. We used it a lot,put 250 hours on it. No school or camp,just love to boat. What u think it's worth or what should I b able to get for it? Got the big 800 sacs in back. Have all records showing oil changes (ever 50 hours)and everything else. Over 3000 lbs in sacs.
Old    Seahawks #1 Fan Robert T (cwb4me)      Join Date: Apr 2010       02-15-2014, 5:42 AM Reply   
Why are you selling?
Old    Chris Bucklin (chrisbucklin)      Join Date: Mar 2012       02-15-2014, 5:48 AM Reply   
Looking to get new every 2 yrs. but would ever year if I can
Old    Brett Yates (polarbill)      Join Date: Jun 2003       02-15-2014, 6:44 AM Reply   
I put it in the other thread but here in the NW I think it would be worth 80 to maybe 90.
Old    Diggs (pdxWAKE) (tyler97217)      Join Date: Aug 2004       02-15-2014, 8:43 AM Reply   
Wow... 250 hours. Nice work!!!! Market is still fresh and new on those, but I would think 80K for sure with that 550 motor. Maybe able to get more for it. That boat is drop dead sweet. As long as you took good care of it, it should hold its value. I would pay the money to have it professionally detailed and looking showroom new. The buyer that is going to spend $80-90K on a used boat is going to be small and you want that thing to look showroom.
Old    Chris Bucklin (chrisbucklin)      Join Date: Mar 2012       02-15-2014, 9:40 AM Reply   
Yes we put our work in! On it everyday. Yes after every use wipe down and cleaned. Got it buffed and detailed. It's wrapped right now for winter. But will pull it out to sell
Old    RB (boardman74)      Join Date: Jul 2012       02-15-2014, 11:05 AM Reply   
We get a new one every year so I will give you my experience. I'm in Minnesota and if I recall you are in Wisconsin. I'm going to give you averages based on a few years. First the 250 hours on a year old boat is a ton. Its gonna effect what potential buyers are willing to pay, regardless of condition. Its like a year old car with 35,000 miles on it. Its gonna scare some buyers off. The average for this area is 50-75 a year. 100 is a great year. I don't know the market on your boat so I will give you average percentage. I always sell with less than 100 hours and in the same year(sell a 2013 in August of 2013). I do that because selling against hold overs lowers your used price. You want to be selling before dealers start slashing prices on hold overs. Your past that time so that will effect value. Sale price is usually between 65-70% of MSRP, usually being closer to 65%. 35% seems like a big hit, but its not realistic as we know people aren't paying MSRP. With many people paying 20% off MSRP, its only a 15% hit which is pretty normal for 1 year old vehicles. Used boats, especially newer used, is a country wide market and sometimes international. People are willing to drive a long ways to save some cash. That being said with your hours your going to have to be the cheapest boat like yours around to get it sold, as you probably have the most hours of any used SA550 in the country. Its awesome to use them that much, but there is also a price to pay.

Last edited by boardman74; 02-15-2014 at 11:08 AM.
Old    Chris Bucklin (chrisbucklin)      Join Date: Mar 2012       02-15-2014, 12:15 PM Reply   
Quote:
Originally Posted by boardman74 View Post
We get a new one every year so I will give you my experience. I'm in Minnesota and if I recall you are in Wisconsin. I'm going to give you averages based on a few years. First the 250 hours on a year old boat is a ton. Its gonna effect what potential buyers are willing to pay, regardless of condition. Its like a year old car with 35,000 miles on it. Its gonna scare some buyers off. The average for this area is 50-75 a year. 100 is a great year. I don't know the market on your boat so I will give you average percentage. I always sell with less than 100 hours and in the same year(sell a 2013 in August of 2013). I do that because selling against hold overs lowers your used price. You want to be selling before dealers start slashing prices on hold overs. Your past that time so that will effect value. Sale price is usually between 65-70% of MSRP, usually being closer to 65%. 35% seems like a big hit, but its not realistic as we know people aren't paying MSRP. With many people paying 20% off MSRP, its only a 15% hit which is pretty normal for 1 year old vehicles. Used boats, especially newer used, is a country wide market and sometimes international. People are willing to drive a long ways to save some cash. That being said with your hours your going to have to be the cheapest boat like yours around to get it sold, as you probably have the most hours of any used SA550 in the country. Its awesome to use them that much, but there is also a price to pay.
With all that said,what should I expect to get for the boat?
Old    Mason Obray (MCObray)      Join Date: Mar 2013       02-15-2014, 3:28 PM Reply   
I would say 80k-85k is the range you're going to be in.
Old    RB (boardman74)      Join Date: Jul 2012       02-16-2014, 7:58 AM Reply   
I would guess around about 65-70% of MSRP as I said above. The only thing I see comparable is a 450 in Florida thats loaded with less than half the hours for 78K. I think the 80K number listed above looks to be about right.
Old    Mark V (mark197)      Join Date: Dec 2009       02-17-2014, 8:13 AM Reply   
Chris I will help you out. Here is the build thread.
http://www.wakeworld.com/forum/showthread.php?t=795415
Old    Chris Walker (redsupralaunch)      Join Date: Aug 2002       02-17-2014, 12:23 PM Reply   
Quote:
Originally Posted by boardman74 View Post
We get a new one every year so I will give you my experience. I'm in Minnesota and if I recall you are in Wisconsin. I'm going to give you averages based on a few years. First the 250 hours on a year old boat is a ton. Its gonna effect what potential buyers are willing to pay, regardless of condition. Its like a year old car with 35,000 miles on it. Its gonna scare some buyers off. The average for this area is 50-75 a year. 100 is a great year. I don't know the market on your boat so I will give you average percentage. I always sell with less than 100 hours and in the same year(sell a 2013 in August of 2013). I do that because selling against hold overs lowers your used price. You want to be selling before dealers start slashing prices on hold overs. Your past that time so that will effect value. Sale price is usually between 65-70% of MSRP, usually being closer to 65%. 35% seems like a big hit, but its not realistic as we know people aren't paying MSRP. With many people paying 20% off MSRP, its only a 15% hit which is pretty normal for 1 year old vehicles. Used boats, especially newer used, is a country wide market and sometimes international. People are willing to drive a long ways to save some cash. That being said with your hours your going to have to be the cheapest boat like yours around to get it sold, as you probably have the most hours of any used SA550 in the country. Its awesome to use them that much, but there is also a price to pay.
That sums it up perfectly. I too, have traded boats every year and you are right on the mark.
Old    Ron (Nordicron)      Join Date: Aug 2011       02-17-2014, 3:07 PM Reply   
All I know trading boats in every year that cost $60-$70k is a lot different than what's going on now with these top boats. Losing 5-10% on a $60k boat is quite a bit different than on $100k plus rig. Not to mention the amount of sales tax you eat.
That said I think the price for this rig with over 200hrs should fetch $75k. I'd say your excess hrs prob are gonna cost you $5k on the market. How much money were you collecting from all those guys that were getting pulls behind that bad a$$ boat? I bet it wasn't $50 a set.


Sent from my iPhone using Tapatalk
Old    Jacob Smith (smitty75)      Join Date: Jun 2013       02-17-2014, 6:26 PM Reply   
That's what's nice in South Carolina. We have a max sales tax of $300 on just about everything with a motor.
Old    Mark V (mark197)      Join Date: Dec 2009       02-18-2014, 7:17 AM Reply   
Sales tax on a $100k boat in Wisconsin is $5000. It makes it really hard to keep the economy rolling. In a case like this the owner would not only have to swallow the $10k on the boat but the $5k on tax. That is a $60 / hr loss without counting payments, fuel, insurance ect.
Old    Jacob Smith (smitty75)      Join Date: Jun 2013       02-18-2014, 7:40 PM Reply   
We do get hit with an annual use tax, but that's probably only 600 tops for something of that value. Either way, too rich for my blood. Will have to continue rocking my 2006 21v until the power ball numbers hit.

Reply
Share 

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On



All times are GMT -7. The time now is 3:26 AM.

Home   Articles   Pics/Video   Gear   Wake 101   Events   Community   Forums   Classifieds   Contests   Shop   Search
Wake World Home

 

© 2012 eWake, Inc.    
Advertise    |    Contact    |    Terms of Use    |    Privacy Policy    |    Report Abuse    |    Conduct    |    About Us