53 Hatteras Values 101

[Glory]

A wise man once told me" Boats are never an investment, they are just pure expense"

Darn, I thought it was supposed to be fun!

JM

[34Hatt]

Interesting thread.

The reason I am here, and drawn to these awesome boats is the same reason I owned a 1951 Rolls Royce a few years back, and spent $$ rebuilding things, whilst getting my hands very dirty. That and the fact that my sweetie of 25+ years says: "Yeah, on THAT I would spend a month or two......"

No, they are not an investment. Boating is not investing. It's an expensive hobby. But the way I look at it, if I get one with good lungs for a decent price and spit shine it, we'll have a ball playing with her, and then pass it on when we get too old to the next custodian for a similar amount. But we will have had a hoot with her, we will have taken care of her and maybe we will have spent a few (ok lots of fews) on parts pieces, and more than a few pints of blood lost from greasy nucles, and diesel and all that.... But I won't be seen DEAD in a Carver and 20% depreciation a year hurts too.

Very close to my situation back 15 + years ago I bought mine so I had a good boat when I was done just not a redone boat. Learned that one from experience. So here it is 15 years later and I have the top side sanded done again and side windows ripped out of her because I didn't do that 15 years ago. Back then they were 5 years old and the boat had so many leaks I didn't know they were also part of it since they were just re-done Yes re-done but not done correctly Big difference.
Anyway the other day I am ordering up epoxy, primer, sand paper and some other supply's so that and the window frames and glass is 2 Boat bucks and I just started plus my time. In my head added up the money over the years and was saying oh shit then I thought about the 15 years of GOOD times all the places I have been friends I have made because of the boating life and divided that by 15 and realized it was a good Deal money well spent and I am getting her ready for another 15 years +

So like many other have said its not always about the $$$$$.
For me this is this is the time to do it better than the last time so it will take me to my final journey.
I think its money well spent.

[pizzazsdaddy]

Nothing like bringing back a 3 year old thread. If anything can be added, I'm aware of a clean 1981 fresh water 53 in Tennessee that just sold for $150,000 per Frank Gordon. A good deal for the lucky buyer.

[rsmith]

Nothing like bringing back a 3 year old thread. If anything can be added, I'm aware of a clean 1981 fresh water 53 in Tennessee that just sold for $150,000 per Frank Gordon. A good deal for the lucky buyer.

Uh oh the Internet cops are trolling. Old threads are not to be revived. Hey pizza is there a time limit we should know about?

[MadHatter53]

I just saw a 53my today that needs the flybridge decking redone as the core is no more. Some freeze up damage to the underside as well evident by the salon headliner stains. Broker sez owner is pretty firm on asking price. I'm thinking he's a bit off from what I saw but there are a lot of overpriced boats.

[Red Hatt]

If it's the 1984 year boat near Annapolis run don't walk. Take my word for it.

[MadHatter53]

Yes it's that one, red hatt could you give me more info as to why I should run

[oscarvan]

ED.... asking 269K ?

[tom5518]

Yes it's that one, red hatt could you give me more info as to why I should run

http://www.samsmarine.com/forums/sho...-84-Hatt-MY-53

[MadHatter53]

I have been on every page going back as far as I can of this forum since I joined and this is one thread I didn't see. Wish I saw it before I made the 4hr $100 round trip to see that same boat.