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View Full Version : Pricing help '97 Prostar 205


_fng_
12-19-2011, 10:38 PM
I bought this boat this summer for 14k (thought it was a pretty good deal) and have added a few things that, in my opinion, add value. I was wondering what others thought would be a fair price as I'm looking for a V-drive.

Basic info: 830 hrs, new engine (not LT1) put in by PO at 775 hours that still has a year on the warranty. Upholstery was done this past summer except engine cover which has been quoted at $350. The carpet is in decent shape. The oil pressure and fuel gauge aren't working but I think this is shouldn't be more than $100 for sending units. Mechanically it is sound. I did have some issues with the fuel system early but Texas Ski ranch checked it out and said it was just loose connections and hasn't had any issues since (have spare fuel pump). The trailer has some rust and the right trailer fender has a chunk missing from PO.


I added:
new trailer tires along with a spare, replaced trailer bunk boards
6.5" HLCD tower speakers (200x2), 10" JL sub (500x1) and 2 memphis marine speakers (off clarion radio)
skiboatcovers custom cover
compound/waxed hull, resanded teak
I bought supplies to install plumbed in ballast but haven't installed yet (won't if I sell)

I think 14.5k seems reasonable but would like to get others input (I know bad time to sell). Thanks

_fng_
12-19-2011, 10:41 PM
sorry the pics aren't complete, the idea to sell is new cause I found a boat that caught my eye.

Table Rocker
12-19-2011, 11:22 PM
If you can get the engine box recovered for $350, I would think it would be money well spent. In my eyes, the condition of that cover tells me a tale of harder times.

tph
12-20-2011, 02:35 AM
Similar boat on the west coast with half the hours and the LT1. $17,500. for comparison.

http://sfbay.craigslist.org/sby/boa/2757627049.html

363COUPE
12-20-2011, 11:19 AM
I think your price is in line. I sold a couple 205's this year, one was in worse condition (sold for 13,500) and one was in near mint condition (sold for $17,00) I'd go 11K on it since it's winter time!:D

BrianM
12-20-2011, 12:07 PM
As said above I would definitely recover the engine box before you try and sell. With it done the boat will look clean. As is with that box the boat looks rough and shows the previous owners neglect.

_fng_
12-20-2011, 02:35 PM
thanks for the insights, I would agree that marketability would be increased with the engine cover reupholstered.

aarosurf
12-21-2011, 10:56 AM
Another similar (newer, fewer hours) boat in dallas for $15.5k to compare

http://dallas.craigslist.org/dal/boa/2703539138.html

dmminfla
12-21-2011, 02:10 PM
I bought the same boat with a different tower W/725 hours on the 305 TBI for under 10K

aarosurf
12-21-2011, 03:29 PM
I bought the same boat with a different tower W/725 hours on the 305 TBI for under 10K

you got a good deal

_fng_
12-21-2011, 09:00 PM
I bought the same boat with a different tower W/725 hours on the 305 TBI for under 10K

Good deal, it looks like galvanized trailer which may indicate salt water use which many feel lowers the value of a boat. Given the other information, I think if I reupholster the engine cover 14.5k would be an appropriate price during boating season.

Stritt
12-22-2011, 09:12 AM
From a recent purchaser of a 97 205, here is what I noticed that would have made me pass on your boat. Keep in mind we were being very picky and wanted a boat in as near as perfect condition, considering the age of the boat, as possible. We also realized we were looking at a boat that was 14-15 years old. I really didn't want to spend as much as we did but we found it locally, others that would have been cheaper $$ wise would have been $1k to $2k to ship....couldn't justify the cost..

Engine cover......Personally, I would have passed, tells a story about the boat.

Sub under drivers seat.....cut a hole in the kick panel and mount it where it doesn't appear to be an after thought. With a single unit you can build a box, there is space back there. I know because I have done this with our boat.

Simple fixes and will be worth it if you decide to sell.

Price rise, you are in range, in my opinion. I paid a little more than that, I have about $15.5 k in a 97 205 Sammy series, tandem trailer, std engine...mint condition with 345 hours.

As a side not, we purchased a 96 205 back in 1998 with 150 hours and sold in 2000 with 250+ hours for $17k......resale speaks for itself with a well cared for MasterCraft.

We looked at NADA and realized the pricing was skewed for the banks....There were deals out there for less money that fell into the NADA range but they were needing a new interior and generally not well cared for....In the end we are happy with our purchase and even better is knowing the title is with us and not with a bank :) Would have loved to buy it for less but all things considered, we got what we wanted. We will not lose the $$ that we have with the new MasterCraft's we purchased in the past.

mikeg205
12-22-2011, 09:42 AM
you got a good deal

Yeah under 10K is a great deal - especially with a tower...