Value?

[Fisherball]

I'm seeing many beautiful restoration jobs on these wonderful MFG boats on this great site!* I kinda lucked into mine. Had a good motor on a beyond my time & money to fix old boat & couldn't find a decent motorless boat for sale so I bought a '75 Gypsy 16 with a bad motor & good trailer for $300.00. Sold the motor for parts for $200.00. Mounted my good conditon '81 Johnson 70 hp & got a great boat cheap. It's great to fish from & rides very nicely on the water. I'm wondering what these boats are worth after a complete restore job?

*Don't mean to sound like full of **it but sometimes I do.

 

[woosterken]

Re: Value?

they are not like a classic/antique, car they really do not go up in value
it is more like what a buyer is willing to pay for it

woosterken

 

[Mark_VTfisherman]

Re: Value?

Around here (vermont) a good running boat like that- clean- will fetch $1000-ish but usually you se 'em $1200 - $1500, $1800ish for sale spring and summer. I lucked into mine in 1994 for $325, but of course that is now irrelevant. This time of year you can sometimes find talk them down to $400 to $600 if they are after a snow machine or some hunting stuff...

 

[Fisherball]

Re: Value?

I was just wondering what restoring would do to resale value. It would seem a properly restored old boat would be better than it was new due to better materials now available & the care the owner will give the boat over a factory worker doing his daily job.* The pride & security knowing you are cruising in a "best it can be" condition boat is the real value of the job. Basically rebuilding a 35-50 year old boat will give it that much more life again.

There is an antique boat shop in Cincy, Ohio that sells wooden classics.They have a listing for "Classic Glass" boats that appear to be slowly gainly in popularity, therefore monetary value.

*Not knocking factory workers at all, bottomline- you would give yourself a better end product then some one working for some one else.

 

[pduquette]

Re: Value?

I'd agree with the rest of the guys . I don't see many people willing to pay more than $2000 for our runabouts and maybe $3500 for a newer bow rider . My pricing would be on "great looking " restored boats and I'd think the better equipped it is the more likely you'd be to get it . Newer motor ,electronics , Gages , rollers on trailer . Most newbie boat buyers will grab our boats because they are light , they like their looks and there is relitively little to go wrong when the boat is set up well .
We would have to realy hype up a sales pitch to raise the value by creating a fevered interest in collecting MFG's .

 

[woosterken]

Re: Value?

PD,
you want to collec MFGs? there is one of these for sale in canton oh.

http://www.fiberglassics.com/mfg/mfgb77022.jpg

I went to see it,it says $2850 0n it but probably get it for less
only problem is it has an OMC out drive

here is its listing.........
http://www.boats.com/listing/dealer...inesite&currencyid=100&style=dw&task=preowned


woosterken

 

[pduquette]

Re: Value?

As much as I'd like to have a few more arround .... a fishing Caprice and Gypsy Star ... for starters , I have to get a place for me to store / work on them first:redface: I know a place round here that has a Niagra and a westfield (with flip down vent windshield) that i could get cheap . I gotta play nice and not P.O.the landlord So far he is a good guy to me . Peter

 

[woosterken]

Re: Value?

yea,I can understand that,I live in an apt. and have no place to store them/work on them either

woosterken