Have you ever sold a boat for more than you paid for it?

[beaverretriever]

Everyone is always telling me how much boats depreciate.
I actually sold my last boat for more than I paid for it. $300.00 more to be exact. The 06 models were selling for so much more than my 05 and wait time to order one was about 2 months.
Anyone else luck out like I did, or was this a rare incident?

[djunkie]

No but I've had 2 people offer too buy mine from me for $2k more than I paid for it 7 years ago.

[THOR]

I did with my first boat. I bought a 1992 Eliminator Edge in 2001 and sold it in 2003 for 23K.

[HCS]

I bought an 18ft Tahiti bubble deck from a bubby of mine, drove and skied behind it for 3 years then turn around and sold it for the same thing I paid for it.
Only had it for sale for one week and some guy snatched it up. I should have asked more money. :rolleyes:

[HocusPocus]

i have bought boats with the intention of making some extra $ on them. of course none of them were new and all needed a little work, mostly interior which i can do myself. i liked to pick up 1 or 2 winter projects that i can turn around and sell just before memorial day. this is the first year in i think 6 that i havn't had a project to work on. i broke down last april and bought a new tri-toon but i ordered it without a motor, i just had them rig it for a johnson outboard since i already had one in the garage. im sure i can make a few bucks with this one as well but the wifes dad loves it and i will give it to him in another year. :rollside:

[Sane Asylum]

That would be YES........Sold it for $2700 more than I paid......But I had put A/C and a coupla other upgrades on it......OK, so maybe I broke even.....

[VanDeano]

I did with my first boat. I bought a 1992 Eliminator Edge in 2001 and sold it in 2003 for 23K.
Dude you lied to me. When I bought your boat you said you were losing your ass on this but needed to sell cause baby was on the way...........j/k

[Jbb]

It can be done .....
A few years ago I sold my Edge 21 Phantom for $34k
http://www.hotboatpics.com/pics/data/500/181DSCF0087.JPG
Just after I sold it I spent 13k on this Baja Bandit.....I kept and used the Baja 2 seasons ....and sold it this spring for 21k
http://www.hotboatpics.com/pics/data/500/181DSCF000596.JPG
At the same time the Baja came up for sale this one did too....
I paid 13.5k for it....It was fast,but kept trying to kill me, so I traded it even for the Cobra I now own,which, If I ever finish,should bring more than the 13.5k I paid for the boat...http://www.hotboatpics.com/pics/data/500/181DSCF0004w.JPG
http://www.hotboatpics.com/pics/data/500/181DSCF0018co.JPG
The best time to buy boats and other toys ....is when Christmas is nearing.....
Every Christmas I buy lots of commercial lawn mowers .....and equipment .....every spring I double,and sometimes triple my money selling the freshly washed lawn equipment... :p

[djunkie]

It can be done .....
A few years ago I sold my Edge 21 Phantom for $34k
http://www.hotboatpics.com/pics/data/500/181DSCF0087.JPG
Just after I sold it I spent 13k on this Baja Bandit.....I kept and used the Baja 2 seasons ....and sold it this spring for 21k
http://www.hotboatpics.com/pics/data/500/181DSCF000596.JPG
At the same time the Baja came up for sale this one did too....
I paid 13.5k for it....It was fast,but kept trying to kill me, so I traded it even for the Cobra I now own,which, If I ever finish,should bring more than the 13.5k I paid for the boat...http://www.hotboatpics.com/pics/data/500/181DSCF0004w.JPG
http://www.hotboatpics.com/pics/data/500/181DSCF0018co.JPG
The best time to buy boats and other toys ....is when Christmas is nearing.....
Every Christmas I buy lots of commercial lawn mowers .....and equipment .....every spring I double,and sometimes triple my money selling the freshly washed lawn equipment... :p
You sound like a regular ol Sanford and sons. With out the son though. :crossx:

[Jbb]

You sound like a regular ol Sanford and sons. With out the son though. :crossx:
Making a profit ......Is something I very much enjoy....... :rollside:
Just like Fred!

[W.O.T]

i made $2200 on my last boat. i never spent any money on it either. i wouldnt say i got off easy though. i ended up spending much more than that on the boat i have now since i have owned it. but i guess thats the fun part

[Tom Brown]

You sound like a regular ol Sanford and sons. With out the son though. :crossx:
I wonder if that's why he calls me Lamont. :idea:
I'm coming, Elizabeth! :D

[Jbb]

I wonder if that's why he calls me Lamont. :idea:
I'm coming, Elizabeth! :D
Did you say something.....lamont.....?
:p

[GHT]

Everyone is always telling me how much boats depreciate.
I actually sold my last boat for more than I paid for it. $300.00 more to be exact. The 06 models were selling for so much more than my 05 and wait time to order one was about 2 months.
Anyone else luck out like I did, or was this a rare incident?
Yes, Bought a 97 Baja 252 for 24,500 put 3k in the hull (Everything else was Perfect). Put 50 hours on it (1.5 seasons) and sold it for 30k.
Then I bought Kachina Ken's old boat....

[socalmoney]

Who is going to post that they took it in the shorts selling a boat? I doubt anyone will.

[GHT]

Who is going to post that they took it in the shorts selling a boat? I doubt anyone will.
Everyone that bought a NEW boat.... That's who takes it in the shorts...

[blackcloud75]

1993 Hallett 210 w/ 50 hours=paid $21,000
Sold it w/ 160 hours in 2004 for $27,300
A lil' profit...I loved that boat!!!

[MadPoodle]

I've sold most every boat I have ever owned for more than I paid for them...
Although that doesnt necessarily mean I sold them for more than I had in em... :hammerhea

[cnj]

I didn't make money, but I sold my '96 Ultra after 1 season of ownership for $1000 less than I paid. No way I could have rented a boat that many times for that much!

[HatenWinter]

My first boat was a 1991 Ski Centurion, bought it for $12,500. Sold it 2 years later for $14,000.

[Krazy K]

Our family had a 1977 Charger (Tahiti) that my dad put everything in himself, except the drivetrain, and paid about $5000. Sold it in 1993 for $4500. It did have about 400 hours on it.

[DCBDaytona]

Last Oct. I bought my first boat, a 1997 21 Daytona for $20,000
Last May, some 7 months later I sold it for $27,000.
Who needs real estate?
LOL

[ChumpChange]

First boat was a 1994 Monterey 206 Bowrider. Bought it for $10,000 and sold it two years later for $11,995. Only think I put into that boat was a new carb and some speakers lying around my house.

[YeLLowBoaT]

My last jetboat. I paid $2500, washed, changed the oil. Took it to the lake for the 2nd time and some 1 offered me $3500 for it. Fallowed him home, backed it up on to his drive way.

[Nautitwins2]

I sold for the same price I bought after using the boat 6 years.
Not really though. I had a pump re-build, bimini, ignition etc..... I figure I lost about $1000 after all was said and done.