'Slapdash' Selling the Farm !

[Fishman_Tx]

Originally Posted by webejammin

As a Gemini 105Mc owner I have been folowing Slapdash for a while now sence I think Hawaii, The boat is waiting to get a good weather window to cross the Atlantic to South Carolina where they bought the boat and complete the circumnavication. Great boat but the motor has over 3000 hours on it.

Yup, it was pulled in January in Thailand. Fuel and oil pumps replaced I think and all hoses, plus several other things not specified.

See this for the few details:
Techie geek sailors | The Slapdash

[TOM]

Originally Posted by webejammin

As a Gemini 105Mc owner I have been folowing Slapdash for a while now sence I think Hawaii, The boat is waiting to get a good weather window to cross the Atlantic to South Carolina where they bought the boat and complete the circumnavication. Great boat but the motor has over 3000 hours on it.

3000 hrs, whats wrong with that on a well kept diesel ...hardly run in !

[webejammin]

Nothing is wrong with 3000 hours as long as the 3 quarts of oil was changed ever 100 hours of use like is required by the 30W Westerbeak book. I know our 30W runs like new, really smooth idel after an oil change ever 100 hours and idels rough after 100 hours of use.

[Canibul]

Too bad the timing is a little out of synch with us at the moment, or we could have possibly found a home for Slapdash with the 2Gringos. I mean, it's not like we don't know the boat's history.

[white rabbitt]

According to NADA Guides a 2004 Gemini 105Mc average retail price is listed as $82,350.00. The low retail prcie for same is listed at $72,700.00.

Average Retail Value — An average retail valued boat should be in good condition with no visible damage or defects. This boat will show moderate wear and tear and will be in sound running condition. The buyer may need to invest in either minor cosmetic or mechanical work.

Low Retail Value — A low retail valued boat will show excessive wear and tear either cosmetically and/or mechanically. This boat may or may not be in running order. The buyer can expect to invest in cosmetic and/or mechanical work. Low retail vessels usually are not found on a dealer's lot. Low Retail is not a trade-in value.

[avb3]

Originally Posted by white rabbitt

According to NADA Guides a 2004 Gemini 105Mc average retail price is listed as $82,350.00. The low retail prcie for same is listed at $72,700.00.

Average Retail Value — An average retail valued boat should be in good condition with no visible damage or defects. This boat will show moderate wear and tear and will be in sound running condition. The buyer may need to invest in either minor cosmetic or mechanical work.

Low Retail Value — A low retail valued boat will show excessive wear and tear either cosmetically and/or mechanically. This boat may or may not be in running order. The buyer can expect to invest in cosmetic and/or mechanical work. Low retail vessels usually are not found on a dealer's lot. Low Retail is not a trade-in value.

Interesting, but not really indicative of the market. NADA tries to 'book' the boat market the same way it does the used vehicle market. The problem is, there are 1000's of vehicles that go through dealer auctions each week. So there is a good sampling available.

That is not the case for boats. Besides, if one looks at Yachtworld, it is clear that they priced a well equipped boat in the middle of the pack.

Remember, clients and customers write checks, not guidebooks. I wouldn't ever consider the NADA guidebooks to tell me anything about the boat market.

[white rabbitt]

Maybe, but when getting a loan from a bank they use NADA as their guide for the amount they will loan. Just saying

[webejammin]

Slapdash already sold their boat, this news is history.

[boatsail]

anyone know what it sold for? I too followed their story and found their adventures to be interesting and well written.

[webejammin]

I think it was listed for $135,000.00 sence the recession is over and prices are going up especially on catamarans that were not lease boats.

[terminalcitygrl]

A few days ago they had it priced at $118 with all the extras and free sailing lessons included...

[terminalcitygrl]

Originally Posted by webejammin

I think it was listed for $135,000.00 sence the recession is over and prices are going up especially on catamarans that were not lease boats.

Wow, its great to hear the recession is over because pretty much everything I read says times are still tough for many. The only end of the boat market that seems to be moving in our little city is the cheap end and even that is pretty slow. Talked with a sailing club guy last week and he said they are getting lots of calls and new members - most people, especially new to sailing, just can't afford the outlay, moorage and maintenance these days.

I would be very surprised if prices on any boats are actually going up, I'm watching yachtworld daily and I've looked at a bunch of data listings for different boats and that isn't my experience at all.

[webejammin]

Someone should get on Slapdash's web site or there FB page and ask the price they settled for, if folks really want to know I would guess you would get "None of your bussiness" Some one probably had all cash and got a great deal , That's what we did 2 years ago cash got us a geat deal and the seller bought a house in Hawaii with that cash and he got a great deal too

[white rabbitt]

I think that they should have donated it to the Gemini Museum as the first Gemini to sail around the globe. Just saying

[Kita]

I have been shoping this model for some time,I am not seeing much out there for under 100k on these boats, I would jump on 70-80k or be looking real hard at whats wrong this picture, I am it the process of selling house & stuff to buy a cat & the Gemini is at the top of my list..Any Gemini sellers out there at that price? Hey I would love to have one that needs that can be had for the right price & I will fix her up!! I did have one deal that messed up for 85,, my bad, I was just short at the time & just missed it..