if you are a member of any of the power boat FB pages there are some killer deals on what I would call the next tier up from entry level go fasts the 24-30 foot range making the first time buyer $$$$$ get way more boat why buy a 16-22 footer when i can get a 24-30 footer for the same price. There have been a few deals local that have me pondering selling the hornet and buying my last boat something around 27-29 feet
When the sky is grey,look out to sea.
When the waves are high and the light is dying,
well raise a glass and think of me...
When I'm home again,
boys, I'll be buying!
My Ride
Come Join Us on The Queen Of American Lakes
Contact Us
www.lgdonziclassic.com
Matty, why would you need a bigger boat on a lake?
This 21' Warlock has a 650hp Duramax diesel AND my price of $30,000 was wrong. The owner wants $23,000. You will be the only guy on your lake that has an 80mph smoker that gets like, 5 times the gas mileage of your current boat. Not an ocean boat, but at $23,000 one hell of a lake boat for haulin the peeps with 1100lbs of torque It's a short drive to Ohio.
1972 16 OB - C16B-63 - "Surface Tension" Resto Project
1974 16 OB - DMR16106017-B - "The Mule"
.
So here we are two months later and used boat prices are dropping like a rock as Winter approaches. Earlier I posted a 1989 Hallet 240 closed deck above, in mint condition and asking $30k. Two months later and you can buy the same boat but as a 1992. It has identical yellow gel colors and the 1992 even has the better 390hp Magnum 502 Bravo combo. You'd think the price would at least be the same $30k given it is 3 years newer and has a better motor, right? $30,000?
Nope, actually the seller of the 1992 wants $16,000 Hallett build quality is exceptional. The 240 has been in there line-up for 20 years. To find a closed bow at this price is an amazing opportunity
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1972 16 OB - C16B-63 - "Surface Tension" Resto Project
1974 16 OB - DMR16106017-B - "The Mule"
Boutique builders on the west coast do not drive the boat values across the industry. Look at Cigarette, Nortech, Outerlimits, MTI, and Skater. The values of these boats are holding their own, and gaining. What does a Hallet or a Warlock have to do with the value of a Donzi Classic, any way? Want to know why there are so few Donzi Classics available on the market? No one has to give them away, and most won't. These boats are being sold back channel.
Really Road? I'd say very few people of the performance boat "population" have the bank to buy a 30'-50' Nortech, Outerlimits, MTI or a cat. The few that do really don't care much about depreciation anyway even if they depreciate less than most. Hallet, while on the West, is far from a boutique builder. There are a ton of Classics available on the used market and only a handful change hands back channel. And in closing, your right my posting a mint Hallett 240 that one month is priced at $30,000 and then drops by half has absolutely nothing to do with the value of a Donzi. It's just an outstanding deal.
1972 16 OB - C16B-63 - "Surface Tension" Resto Project
1974 16 OB - DMR16106017-B - "The Mule"
Greg, I went back and read this entire thread, before posting last night. You have argued my points here, and pretty much everywhere else on the .net, so why stop now?
My point of listing the premiere boat builders in the business is to make the point that the entire performance boat market is not in the tank, and it isn't. There are buys to be had in this arena, but not for the I got me a steal on this offshore dreamer crowd. You get what you pay for. There are some very nice twin step Cigs and Fountains out there that can be bought fairly reasonable too, but far from steals.
Deal or not, Hallett is hardly a main stream boat make. You buy it, you better plan on keeping it for awhile, and it's reflects in the price you pay. No one wants one. Same goes for the Warlocks I notice you like to post.
In comparison to the boutique makes, there are one heck of a lot of Classics out there, and when you look at the general population, not many are for sale. And as for the real nice ones owned by those who are willing to wait, they are bringing a fair price.
Warlocks, halletts, and eliminators are west coast boats. Look at the Mohave Craigslist where there will be pages of halletts and probably no classic Donzi's.
Boats are very geographic. There are probably west coasters saying that Donzi's are not mainstream boats.
And it is not hard to get a loan on an old boat. This assumes you have good credit and make decent money.
Classic Donzi's are similar to corvettes. Everyone wants one (east coast anyway) but they also tend to want a decent deal. Some wait and get more by finding just the right buyer. They are easy to keep around because they are fun for even occasional use. On the west coast same goes for the west coast brands....
I read the thread and lots of good info/opinions shared. Not sure this is the intent of the thread but, I'll ask anyway.
What's my 22' Classic worth?
1996 with 250 total hours, 502Mag with something less that 250hours, Gil Exhaust, K-Plans, bla bla bla, 2004 Alum trailer.
Thank you, Patrick
1994 18' Classic 350Mag Alpha
Previously owned Donzis -
1996 22' Classic, 502Mag Bravo
1987 20' Minx, 350Mag Alpha
1975 18' Classic, 350Chevy Volvo 280
Hire a reputable surveyor and let him do his thing.
If he reports the boat structure in good condition, the esthetics are good, and it runs well, then
it should be between $20-$30K.
Read my intro post about condition and be real honest w/yourself about the overall condition though.
Sellers think their boats are a "1", and buyers think your boat is a "4" or a "5".
George Carter
Central Florida
gcarter763@aol.com
http://kineticocentralfl.com/
“If you have to argue your science by using fraud, your science is not valid"
Professor Ian Plimer, Adilaide and Melbourne Universities
Thank you, Patrick
1994 18' Classic 350Mag Alpha
Previously owned Donzis -
1996 22' Classic, 502Mag Bravo
1987 20' Minx, 350Mag Alpha
1975 18' Classic, 350Chevy Volvo 280
I bought my boat from a very reputable mechanic/marina owner that had gone thru her with the original plan to keep the boat as his own toy.
He invested his time and $ bringing the engine drive system back to 100%. The list was fairly long so I'll not bore you all. As for the hull, there are no signs of an issues, and I have checked the transom and stringers with a moisture meter. I'm not quire sure what more a survey would tell me at this point; it would be another opionion that a buyer would likely value over mine...
Thank you, Patrick
1994 18' Classic 350Mag Alpha
Previously owned Donzis -
1996 22' Classic, 502Mag Bravo
1987 20' Minx, 350Mag Alpha
1975 18' Classic, 350Chevy Volvo 280
the classics have always held their value well, and all that has been said about condition and care is true.Lately the older more rare/unique classics have started to sell at high values about in the range of what newer ones are selling for . This market is driven by the buyers and some prices I thought were high but the buyers are paying it so i guess the market is going up. Complete unstarted projects have sold for good money , the buyers looking to do a project themselves are willing to pay for all the little things. Well maybe not so little things like interior and hardware the hard to find or big money to one off items are driving the price up.
Example a 1998 22 classic 385 VP DPX for sale by me is mid 20s about what my 1968 benchseat is worth in its current condition. I think it will be time to test the waters this coming spring. We are looking for something a bit bigger
When the sky is grey,look out to sea.
When the waves are high and the light is dying,
well raise a glass and think of me...
When I'm home again,
boys, I'll be buying!
My Ride
Come Join Us on The Queen Of American Lakes
Contact Us
www.lgdonziclassic.com
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