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Max Online: 36273 @ 01/23/13 02:34 PM
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#12819444 - 07/07/18 11:37 AM Tough Choice
mrm4545 Offline
Outdoorsman

Registered: 10/17/16
Posts: 102
Loc: N. Texas
Hoping to get some pros & cons that I may not have thought of.........

Have a 2015 NiTRO Z8 that has (2 weeks ago) been re-powered with the new Merc 250 Pro XS 4stroke. My initial thought was, nothing wrong with the boat & value increased by about 8K-10K with the new unit... I should keep it since I'm in a good equity position (rare for boats, lol).

Alternately, I am in a good equity position and could upgrade to a completely new boat, which would also have the new Merc on it. Going back and forth on the best decision, any thoughts out there?

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#12819516 - 07/07/18 01:16 PM Re: Tough Choice [Re: mrm4545]
Curtbass Online   content
Extreme Angler

Registered: 04/17/15
Posts: 1601
??? You've got a very nice newer rig now. Boats don't change that much in 3 years so technically you've got a new rig. I don't think you'd gain much at all for the difference in cost.
But, its Your $. Unless your boat has been horribly abused/maintained (highly doubtful) you're NOT gaining. Boats are NOT assets. They ALL depreciate from the moment they leave dealership just like vehicles.
Cons
1. Trade in value not high enough to help offset price difference. You'd be on LOSING end.
2. Sell it yourself. More cash yield, but STILL not enough. Buyers try to bargain down price ANYWAY. Time it takes to sell. Headaches of dealing with tire kickers.
If you were going to think about NEW, you might actually have saved by NOT repowering & just doing it then, but, hindsight is 20/20.

Personally (me), I'd keep what you've got, fish it a year or two (enjoy it)& save more cash, THEN sell, but STILL be only a 5 yr old rig. By then, the bugs (any new motor designs can have flaws), should be worked out & solved. THEN consider NEW total rig. Sell present rig during peak buying season (February-April) privately,then go buy a new one.
But, that's just what I'd do if I had same scenario.


Edited by Curtbass (07/07/18 01:38 PM)
_________________________
92' ChampioN 201DCR Elite
13' Yamaha250SHO
HB's
Minnkota

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#12819679 - 07/07/18 04:02 PM Re: Tough Choice [Re: Curtbass]
rb7764 Offline
Extreme Angler

Registered: 01/08/04
Posts: 2079
Loc: Frisco, TX, USA
What is your rationale for considering a new one?

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#12819686 - 07/07/18 04:12 PM Re: Tough Choice [Re: mrm4545]
El Skeeter Online   content
Pro Angler

Registered: 06/22/12
Posts: 513
Loc: Kissimmee,FL
"Personally (me), I'd keep what you've got, fish it a year or two (enjoy it)& save more cash, THEN sell, but STILL be only a 5 yr old rig. By then, the bugs (any new motor designs can have flaws), should be worked out & solved. THEN consider NEW total rig. Sell present rig during peak buying season (February-April) privately,then go buy a new one.
But, that's just what I'd do if I had same scenario."
Great advice, FWIW tha's what I would do also.
Which is why I HAVE NOT upgraded to an Ultrex(too many bugs)

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#12820491 - 07/08/18 02:33 PM Re: Tough Choice [Re: mrm4545]
mrm4545 Offline
Outdoorsman

Registered: 10/17/16
Posts: 102
Loc: N. Texas
Guess I should have said that the repower upgrade was at zero cost (warranty). Nothing out of pocket for a brand new 250 PXS 4stroke. I agree with a lot of the logic here however....

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