This is what I was trying to say about someone needing the cash to get into it. It takes alot of dough upfront, in a time when people are starting to accumulate savings, to actually get into this boat and banks are only going to give NADA which is not a fair valuation but what they need to base lending decisions upon.They are asking too much. The bank I went thru to get financing would only loan $21.5K on a 2008 XB2002 with a 2000 280 on it. They were only giving about $16500 for the hull alone. The fact that those boats are retail and have never been owned would probably give you a few thousand extra on the hull price. In the case of the XB02 they have, no bank is going to be anywhere close to $36K on that boat with that motor. You would have to come up with $10-15K out of pocket to take that boat home. And you would still have to put electronics, troller, and gages in it. So figure another $2K min for that stuff.
Thats a lot of cake to shell out of pocket in this economy. But I understand thier position, they cant take a loss on the boat and expect to stay in business. Once the economy picks back up and the banks start loaning again and people dont have to shell out 40-50% of the value of the package out of pocket, then they will move those hulls.
LMAO.... who would have ever thought at 240ish hp motor would nopt be enough hp for a fish-n-ski???...as for the 225X...that is not enough HP on that boat...
My 08 stream and a 91 260, I was able to get $30,000 if I needed it. This was through Bank of America. I know I could do the same with a Allison.They are asking too much. The bank I went thru to get financing would only loan $21.5K on a 2008 XB2002 with a 2000 280 on it. They were only giving about $16500 for the hull alone. hulls.