Used Boat, whats it worth?

I have been considering going to check out this boat for a while. Here’s the description:

1998 Lowe Stinger 180
1998 Johnson 90 HP motor
1998 Bunk trailer (like new)
2010 70lb thrust MinnKota trolling Motor
Color Humminbird GPS at console on RAM mount
BW Lowrance GPS in Front on RAM mount
On board charger
New custom trailerable snap on cover
Front and back deck pedestal seats

Boat hasn’t been used much and looks much newer than a 98.

Two things I dont like: the floors/decks all carpeted plywood, and the motor is not maxed out. I think he said max was 115 HP.

So would you buy this even though the Motor is 25 HP under the max capacity, and what wou;ld you pay?

Decent boat, but I’d only pay 6-7K for something like that. I’d be expecting to spend at least 1K upgrading electronics, and at least another K on other upgrades. Keep in mind, 98 is still 15 years old, probably closer to 16.

Questions:

Where is the boat located?

Is it a private sale or at a dealer?

Location makes a tremendous difference this time of year. If it’s in the Twin Cities and currently listed on Craigslist, the point is moot beacuse it’s probably sold already.

Grouse

Remember the electronics and TM are worth $0.00.

Base your pricing off the boat/motor/trailer.

there is a similar Smokercraft with a 115 on C-List right now for $7000, but remember that’s the SELLER’s asking price

so probably not out of line to list it for that, if you’re willing to take a little lower offer

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Decent boat, but I’d only pay 6-7K for something like that.

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H E Y
If Wimwuen wants it, sell it to him NOW.

If I wanted it, my first offer would only be half that much … by the time the dickerin’ was all done, I probably wouldn’t want to pay more than 5K maximum.

but I’m kind of a cheap b-turd when it comes to used toys

I’d say around $6k depending on condition

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Remember the electronics and TM are worth $0.00.

Base your pricing off the boat/motor/trailer.

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Can you explain that more? I disagree, the ones in questions are worth about $500 ti 1k (depending on screen size) and if he bought a boat with neither he had to go buy them.

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I’d say around $6k depending on condition

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Remember the electronics and TM are worth $0.00.
Base your pricing off the boat/motor/trailer.

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Can you explain that more? I disagree, the ones in questions are worth about $500 ti 1k (depending on screen size) and if he bought a boat with neither he had to go buy them.

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Agree! Trolling motor has value (2010) – if electronics are 1-3 years old – 70%-30% of retail.

As Wade says, if the B, M and T are not worth the asking price and couple graphs and a TM won’t make up the value.

The BASE value must be there or the “add ons” are not worth squat.

Yes your buying a boat, motor and trailer. That said, if you are comparing 1 boat to another, you best take into account these “WORTHLESS EXTRAS” that some are telling you to ignore, or you may really be sticking it to yourself In this day and age, you have to take more into account than just BMT, IMHO.

Those things are only worthless if you plan on replacing them before using the boat. That 2010 70lb is most likely a v2 powerdrive, which isn’t a bad motor. For 300-400 you could be upgraded to an ipilot. If the sonars are good enough, there’s another grand you’re not spending.

When I look at anything used, I look at general condition, and what it’s going to cost me to get it set up all around. If you have to put a lot into it for it to be set up the way you want, you should offer less. If it’s ready to roll, your time should be worth something to you as well.

Fishing in May/June instead of running all over looking for items and rigging the boat is worth a lot to me.

So, if I have a 98 1750 Crestliner Tournament series, with a 2004 F115 Yamaha. MinnKota 24 volt autopilot, with Co Pilot and the Reaction System.. 5 lifejackets…(new) throwable. Humminbird 788 on the console, and a Eagle 480 on the bow.. 4 rod holders, all the rigging ropes, and an extra prop.. Your saying I should strip all the accessories off, because theyre not going to give me one red cent more than the BMT is worth… I know each of those will have value if I sold them by the piece..

It all depends on the buyer, if the buyer is getting a loan from a bank it will be boat motor trailer for the loan amount and your accessories are worth zero, because if they default on the loan the accessories will be striped off the boat before the bank gets it back.if it’s a cash buyer they are worth whatever the buyer is going to give you added to the book value of the boat.

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If I wanted it, my first offer would only be half that much … by the time the dickerin’ was all done, I probably wouldn’t want to pay more than 5K maximum.
but I’m kind of a cheap b-turd when it comes to used toys

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Good luck with offering half this time of year. I’m thinking you’ve never bought a boat in prime time?

I had 5 guys lined up last weekend to buy my boat. Any chump offers me half and I just speed dial the #2 guy on the list and the lowballer wouldn’t even be down the block before the next guy shows up and buys it.

In the twin cities the ops rig has a market value of 6,000 to 6500. It could even go near 7,000 in execptional condition during prime time.

Grouse

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So, if I have a 98 1750 Crestliner Tournament series, with a 2004 F115 Yamaha. MinnKota 24 volt autopilot, with Co Pilot and the Reaction System.. 5 lifejackets…(new) throwable. Humminbird 788 on the console, and a Eagle 480 on the bow.. 4 rod holders, all the rigging ropes, and an extra prop.. Your saying I should strip all the accessories off, because theyre not going to give me one red cent more than the BMT is worth… I know each of those will have value if I sold them by the piece..

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In reality if the boat was being traded the dealership isn`t giving you anything for the extras. Same as trading in a vehicle put all the addons wheels extra chrome etc. trade in value is worth squat.

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Decent boat, but I’d only pay 6-7K for something like that. I’d be expecting to spend at least 1K upgrading electronics, and at least another K on other upgrades. Keep in mind, 98 is still 15 years old, probably closer to 16.

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I think this boat has everything pretty well updated on it, and I wouldn’t plan on upgrading anything at all hopefully, but I haven’t seen it yet. The trolling motor is a maxxum, which I prefer cable drive anyway.

Thanks for the replies! Nothing about the wood flooring or it being underpowered?!? I thought being underpowered was such a big NO No?

That’s a lot of boat to be powered with a 90. I bought a boat underpowered, ended up repowering it to max HP a year later. If you plan on fishing with a good amount of gear and 2-3 other adults in the boat, you may be disappointed with the performance. The electronics on the boat are a good starting point.

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I’d say around $6k depending on condition

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Remember the electronics and TM are worth $0.00.

Base your pricing off the boat/motor/trailer.

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Can you explain that more? I disagree, the ones in questions are worth about $500 ti 1k (depending on screen size) and if he bought a boat with neither he had to go buy them.

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The bank does not care about anything but the boat motor and trailer. Anything that can be taken off the boat is of no value to them. The tm and electronics do have “value” but not as far as the total package goes. If it were 2 1198’s and a new terrova I would think about paying a little more

My boat is under powered and I am fine with it. Rated for a 150 and I have a 115. Works for me now I have it propped right.

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Good luck with offering half this time of year. I’m thinking you’ve never bought a boat in prime time?

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true that; when in the market for a used boat, I’ve always shopped and bought in the fall
getring a boat that would’ve been $6000 in the spring for $5000 in the fall kinda always made sense to me IF it isn’t gonna cost anywhere near $1000 to store it over the winter

He didn’t ask for “loan value”… Any bank that would borrow $6K on a 15 year old boat, will likely give you $7K too…. Just sayin’

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Can you explain that more? I disagree, the ones in questions are worth about $500 ti 1k (depending on screen size) and if he bought a boat with neither he had to go buy them.

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Take each of the graphs and the trolling motor and try to sell it used on the open market. You’ll quickly see they are worth essentially nothing.

Like others have stated. If we were talking about an 80# Terrova with I-Pilot and two 998s or HDS8s it would be a different conversation.

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Take each of the graphs and the trolling motor and try to sell it used on the open market. You’ll quickly see they are worth essentially nothing.

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Not trying to get into a big back and forth thing here but again I disagree. I’ve bought, brokered and sold a lot boats, TMs, graphs so I am speaking from experience in the market place.

As far as the loan, wholesale and retail value that others have talked about. Accessories mean very little in the loan and wholesale numbers. They do have value in a retail number and that is what the OP is asking about.

To the OP, let us know whatever it is you do end up buying and post pics.

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Nothing about the wood flooring or it being underpowered?!? I thought being underpowered was such a big NO No?

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Wood flooring? How do you avoid it? Very difficult in a boat of this vintage NOT to find ones that have at least some wood if not all wood flooring. Key is was it kept dry? It’s pretty easy to tell if it’s been left wet, but I made a little tool that has a thin nail that I can use to poke-test descretely. Using a jackknife tends to cause a little distress on the part of the owner.

Underpowered? Just what kind of world records are you trying to set? A 90 should put that boat in the very upper 20s or low 30s. A 120 would probably add 5 MPH. Yes, the hole shot would improve, but only you can say how much you care about this aspect.

Also, this time of year, you have to look at it relative to other options. It is VERY difficult to find boats in good to excellent condition. How long do you want to turn down good to look for perfect?

I sold a boat last weekend. Listed in on Craigslist at 10.30 on Saturday night. Had 4 texts and 3 calls by 8 the next morning. By 10 AM on Sunday, my phone was on fire and I had to pull down the ad.

What the “max out everything” guys often fail to take into account is with more power comes more weight. You don’t get 20% more speed or 20% better hole shot by adding 25% more power.

Grouse

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Nothing about the wood flooring or it being underpowered?!? I thought being underpowered was such a big NO No?

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Wood flooring? How do you avoid it? Very difficult in a boat of this vintage NOT to find ones that have at least some wood if not all wood flooring. Key is was it kept dry? It’s pretty easy to tell if it’s been left wet, but I made a little tool that has a thin nail that I can use to poke-test descretely. Using a jackknife tends to cause a little distress on the part of the owner.

Underpowered? Just what kind of world records are you trying to set? A 90 should put that boat in the very upper 20s or low 30s. A 120 would probably add 5 MPH. Yes, the hole shot would improve, but only you can say how much you care about this aspect.

Also, this time of year, you have to look at it relative to other options. It is VERY difficult to find boats in good to excellent condition. How long do you want to turn down good to look for perfect?

I sold a boat last weekend. Listed in on Craigslist at 10.30 on Saturday night. Had 4 texts and 3 calls by 8 the next morning. By 10 AM on Sunday, my phone was on fire and I had to pull down the ad.

What the “max out everything” guys often fail to take into account is with more power comes more weight. You don’t get 20% more speed or 20% better hole shot by adding 25% more power.

Grouse

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I have definitely considered the fact that most older/cheaper boats are going to have wood in them. I guess the point is that if it was a really negative thing I would save a few thousand more $ and buy something newer.

The guy said it did 40 mph WOT with the 90. Its a mod V hull, so I assume it runs a little faster than if you were thinking it was a deep V. My old Northwoods V-hull with a 40hp did 30 mph on the gps so I would hope this thing is a little faster.

I live in an apartment right now with no garage, so if I get a boat I’ll barely get to use it because I would store it at my parents 100 miles away. So unless this thing is a smoking good deal, I’m probably just better off waiting to find a bigger bass boat in the fall. I think once I buy a house all that boat money would go towards a down payment, so I feel like I better get one now..