Ummm....oldschooltiller, where do you find new boats like this for $4k? I'm shopping in the wrong area if so, lol.
@Catfighter, your logic on that ad is "within reason", however, NADA is simply a guide and it's at it's worst when it comes to older boat because they use a basic "Percentage Depreciation" on their values. Once you get to a certain age, that's no longer "market value". However, I think that particular ad is kinda expensive, but I'm not looking at the boat up close either.
THere are lots of guys that think because they paid $1500 for a hull, spent $4000 on restoration, that the boat is now worth $5500 and when you get to these older boats, that's more popular than you'd imagine. Kinda goes back to the "if you truly add what you have invested" comment from above.
I agree about waiting a little bit longer. If you could get a frost, that sure will help the market. However, don't wait too long because condition is always going to dictate price. If a guy has a solid boat all around, anything in the price range you're looking is not going to sit around for a while. Keep us posted, btw.
