it is the same boat (sistership) that Eric just sold that had a 750K ask, not sure he will even see 250 from his 1.5 refit ...........Pat
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it is the same boat (sistership) that Eric just sold that had a 750K ask, not sure he will even see 250 from his 1.5 refit ...........Pat
I guess $1.5M for a refit doesn't go as far as is used to. Who are these people who spend more on a refit than the boat is worth, and then sell it at a huge loss?
Is there some sort of magic trick where taxes are concerned to do this?
Randy, it's called making a small fortune. You start with a big one, and then buy an old Hatteras MY and refurb it from stem to stern, top to bottom. And after that, your large fortune has become a small one.
For my curiosity, what do you guys think this Hatteras year/model (1998 - 70 feet) would sell for if in excellent but not upgraded like this ? In other words, nice but mostly original interior and not insanely nice like this one is (except for engine room) ...assume perhaps 1500 original engine hours and good oil samples, etc.
I say "insanely nice" as the interior is jaw drop nice....not just the bulkheads/furniture/carpet, etc but even the little details like the thermostats.... and the helm electronics are spectacular. Except for the engine room, the interior overall is more impressive than a brand new Hatteras of this size, plus the exterior paint is as new.
Hard to tell. There are 4 on YE including this one. Prices all over, one is listed at 1.4
The DDs are the problem compared to the 74 with the 1350hp cats. That s a lot more
Power and reliability. There is a 1998 74 which spent most of its life in the great lakes for less money
That would be the one to buy, not this one. FW boating, not crusty like some of ours, and a long layup in the wintertime, maybe even indoors. That would be the one. The cleanest yachts I've ever seen have been from the GL district.
Often times, true. Other times, not so much. You might be surprised how many of the 20+ year old Great Lakes boats have come from salt water. No doubt freshwater is easier on boats, but it also means you can slack on maintenance and get away with it. It's real easy to put stuff off when you get four months a year of use and have the mindset that it can wait until next year.
Some of the nicest boats I have seen are the ones that spend the summers north and go south every winter. They get used like they are supposed to and have to be maintained.