The Detroit area always tends to have lower values to begin with. I bought a similar 1986 boat for $11,000 8 years ago. I had to get rid of it 6 years ago but I am looking for another this spring. One other thing that has changed now also is the marine loan situation. 8 years ago one could get a 10 year loan for a boat that age and price. Currently at a few places i checked the minimum for a boat older then 1990 was $25,000. This puts the mid 80's c27's into the awkward place of being a large cash only outlay and you lose the ability deduct the interest as a second home.
Ryan On Jul 11, 2010, at 9:27 AM, Derek Atkin <[email protected]> wrote: I just sold my 79 for $5500, granted the Detroit market is a little softer but its still representative of what these boats are selling for. On Sun Jul 11th, 2010 8:38 AM EDT John Daily wrote: >She's a beauty, extremely well kept with a lot of extra goodies. I don't know >about the asking price though. I'm not saying she's not worth it, but the >market >is pretty saturated with similar boats for half or a third of the price. Just >a >thought. > > > >________________________________ >From: J <[email protected]> >To: [email protected] >Sent: Sat, July 10, 2010 4:57:28 PM >Subject: [IC27A] Stardust hull #5641 for sale > > >All, >We are listing our 1984 Catalina 27. If you are interested or know someone who >is please take a look. http://mysite.verizon.net/vzeoj7jr/ >Thanks, >Jeff > > > > > >
