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-   -   First MC - Fair price? 900 hours too high for 2001 X-Star? (http://www.mastercraft.com/teamtalk/showthread.php?t=38072)

a0788735 09-29-2010 10:24 PM

First MC - Fair price? 900 hours too high for 2001 X-Star?
 
I'm looking to purchase my first wakeboard boat and want to make sure to get a fair price. I'm looking to purchase a used boat that I could potentially sell in a year or two to upgrade or get out (if we don't end up being a boat family) without taking too big a hit on resale.

I found a 2001 X-Star that looks very clean. Only cosmetic issue is vinyl on back rest of back seat is starting to crack. They boat has 900 hours and they are asking $25k including trailer.

Is this a fair price? It seems high for me for a boat with so many hours. If not, what would be?

Should I be concerned about the hours? I think I'm hung up on this. In my area (short season), 50 hours per season is more the average. Should I expect any issues? Would my resale plummet in two years when the boat has 1000 hours? (I think I'm equating this to 100k miles on a car.)

Also, should I be looking to buy now or in the spring when the season starts again? If I purchase now, in addition to trying to negotiate the vinyl repair, I'll need to negotiate winterization and storage. What price would be fair considering these items?

mccobmd 09-29-2010 11:13 PM

That seems high for that year with those hours. Several 2006's were going for 32-36 asking price

a0788735 09-29-2010 11:39 PM

Quote:

Originally Posted by mccobmd (Post 711780)
That seems high for that year with those hours. Several 2006's were going for 32-36 asking price

Should I be concerned about that many hours? Or is it more about getting a fair price? What do people think would be fair?

Wake2004 09-30-2010 12:13 AM

Purchased my 2004 205v (same boat) for 25,000 last year with 310 hours. After adding Stargazer perfect pass ($700) and my ballast system $2000 and adding the fact that I think that I got a good deal I would guess it would sell for $25,000 again this year. I wouldn't pay more than $20,000 for that 2001.

LaRue 09-30-2010 12:13 AM

while there are alot of things to consider, boat is overpriced. search TT, Craigslook, onlyinboards to further educate yourself on the market.

LaRue 09-30-2010 12:14 AM

Quote:

Originally Posted by Wake2004 (Post 711790)
Purchased my 2004 205v (same boat) for 25,000 last year with 310 hours. After adding Stargazer perfect pass ($700) and my ballast system $2000 and adding the fact that I think that I got a good deal I would guess it would sell for $25,000 again this year. I wouldn't pay more than $20,000 for that 2001.

where did you find Stargazer for $700? Don't believe I seen it advertised for that price

sand2snow22 09-30-2010 12:23 AM

Way too much for that boat. That boat is maybe worth $18k.....There was a 2001 with 280 hours that sold around here for $20k......

Wake2004 09-30-2010 12:33 AM

Quote:

Originally Posted by LaRue (Post 711792)
where did you find Stargazer for $700? Don't believe I seen it advertised for that price

Directly from PP, it was an upgrade and it included a new gauge as mine only had the very basic model. They are very nice to work with, the dollars might be off as it was last year but it should be within $50.

swatguy 09-30-2010 12:56 AM

As ar as the hours go. That is right on target with the boats year so to speak. If it is a boat from where it is warm all year I would say they are low. If it is a boat from cold weather I say may be a bit high depending.



I am in Chicago I avg 100-125hrs on my boat a summer. I would say I put more hours than the avg person does. These engines can go 2000 hours easy with the right maintenance. That is the key though. If the boat is well taken care of the hours are fine. My 2000 has close to 900.

As to the price...........Prices these days are all over the map due to people fire sale'n their toys. There are some super deals out there. Out west that boat fetches 20-22k on avg. here in Midwest where quality used wakeboats are at a premium and not as easily found you could fetch 25k for an optioned out, clean 2001. From your post it sounds like the interior may need some work so that may give you an idea of the care of the owner. However if it is the original vinyl MC had huge issues with vinyl quality back then so it may not be due to neglect rather due more to use. Ball park without knowing all the options or detailed description of condition..................priced at 25k in midwest is spot on, as you are not going to be paying 25k for it.

kycat2007 09-30-2010 02:03 PM

It is hard to say sometimes as we all place values on our own boats. I have a 2004 x2 and it has about 200 hours on it. I have put the majority of those on it. I feel that the boat is still valued at $30,000 or maybe a tick more. The boat is loaded with shower, heater, and the seats are in excellent condition.
Is there better deals out there? I would say yes. Lower hours and probably better price and condition. You will have to search for it though.


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