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Doesn't this seem like too much money for this ski?

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68ragtop

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I had talked to this seller a couple times about this blown up 2002 GTX on ebay. Basically needs a complete engine rebuild. Seeing the engine could cost nearly $1000 depending on what can, or can't be saved, it means worse case scenerio, there could be 3K invested without any labor. That seems crazy when these skis can be bought in running condition for that price. I was planning on bidding but was thinking $1100, maybe $1300 tops. But $1750? I didn't see that one coming. Seller paid 3K for the ski three years ago, so I am glad he was able to recoupe a good chunk of his investment givin the situation he was in, But after $1500 this didn't make much sense to me anymore.

Thoughts?

http://cgi.ebay.com/ebaymotors/2002...2649&ssPageName=STRK:MEWAX:IT&forcev4exp=true
 
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Well the listing has been removed, but personally I would be hard pressed to give more than $500.00 for a non-running ski.

Lou
 
I just fixed it Lou. My fault....

I was really interested. Nice trailer & pretty clean ski. It does have some scrapes on the hull that can't be seen in the photo's I really wanted it for my next project, & while I don't need to get rich doing it as a hobby, I can't see investing that much with so much risk.
 
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An SBT premium motor will cost you close to 2000-2500 with shipping, ancillary parts, alignment tool, etc. And that's doing it yourself.

For 1750 I'd walk away. Somebody from Canada is probably bidding on it.
 
Either he is bidding on own auction or some people are dumb! I would have hard time paying over 1k for that when running ones can be had rather easy.
 
Someone has a good engine with a crap hull, or a good 951 from a parted ski and will turn it around and make some cash.

The ski is $1150 and the trailer is $600.
 
To start... I woudlnt' buy it...


BUT...

It's a clean, new-er ski. It's realistically worth $3500 in good running order. Maybe even as high as $4k depending on location. So... $1750 + $1600 for the SBT engine shipped.... that would get you a clean ski, with a good engine, at market price. But, that's assuming nothing else is wrong with it.


It's not totally out of line, and some people to get into bidding wars. (that drives prices) also... you cloud take that ski, as-is... and make more that $1750 parting it out. The aluminum trailer is worth +$500. I sold the aluminum trailer from my Polaris, and I had guys fighting over getting it, when I posted it for $450.


The reason I wouldn't have bought it is... when I buy a "Project"... I want to save money in the end, since I have my labor into it.
 
To start... I woudlnt' buy it...


BUT...

It's a clean, new-er ski. It's realistically worth $3500 in good running order. Maybe even as high as $4k depending on location. So... $1750 + $1600 for the SBT engine shipped.... that would get you a clean ski, with a good engine, at market price. But, that's assuming nothing else is wrong with it.


It's not totally out of line, and some people to get into bidding wars. (that drives prices) also... you cloud take that ski, as-is... and make more that $1750 parting it out. The aluminum trailer is worth +$500. I sold the aluminum trailer from my Polaris, and I had guys fighting over getting it, when I posted it for $450.


The reason I wouldn't have bought it is... when I buy a "Project"... I want to save money in the end, since I have my labor into it.

I will say one thing, these days, its getting harder and harder to sell a high end 2 stroke for anything over 3K. I had my 01 RX for sale for almost 3 months, prime season, started at 3500 no trailer, ended up 2750 on a double. and this was with a brand new engine under warranty !!! to expect to draw more than 3K, it better be sweet.... i mean real sweet. (I just paid $3500 for a 2006 GP1300R , with $2800 in mods, a brand new paint job, and a box of spare parts (and a bannana boat !). if you want to get $3500 for a 2 stroke you better be near the canadian border :) they really are getting cheaper every day. (i paid $1200 for two ski's similar to that on a double, and he had them for sale for a month, asking 2,000.)

with that said... that GTX is a really good looking model ! and looks very nice, but i'm in the $900 range non running for that myself, maybe $1150 but only if i'm going to keep it as a personal ski, as a flip, $900 is absolute tops. also, if doing your own rebuilds, you make your own labor there, a good used crank (250) , and a top end kit with cyl boring, (400 + ship) and your looking at a nice flip, you'll save another $100ish if you do your own boring at a machine shop, but its getting cheaper for 951 kits these days that it makes sense just to send them out, less work. you have to create a lot of wiggle room with a flip, title fees unless you leave it open, registration, ticky tack stuff like cables, gauges, new mats, alignment tools, trailer lights, bearings, gas and oil for test ride, carb rebuild kits, the list goes on and on. if you only leave a few hundred in wiggle room, 2 or 3 calls for parts can eat that up quickly. if you leave 1K in wiggle room (ski + parts +1000 = sale price) then you can afford to do a flip and if you have to spend $300 on misc, your still ok, anything less then your better off getting a part time job at walmart instead.

the bottom is dropping out on the higher end 2 strokes, but thats, at least IMO, a good thing... means I can get something like a nice 2002 GTX like that for 1500 less than just 2 years ago.

summary: imo, realistically $3000, high end 3500 these days...for a nice high end 2 stroke. and in florida subtract 15%. if the market remains strong in the north, you'll start seeing ski's getting shipped up there.

and man oh man, i need to find a way to drag like 10 trailers up north,,,, you guys are getting raped on trailer prices !

re: bold, I don't see $1750 there in parts.. what am I missing ?
re: bold, yes you gotta get paid for labor, IMO $20 an hour is minimum, if you can't get $20 an hour for your time as an absolute minimum, then its not practical in the long run. when i'm thinking flip, i'm thinking $40 an hour minimum, and i'd like to see $60 otherwise you lose the risk/reward ratio. when helping somebody out, then $20, anything less than that and i'd rather watch M*A*S*H reruns and drink cheap beer.
 
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I agree with everything you guys said above, & your making me feel much better that I didn't get too caught up in it. I was going to be a player up to $1200, maybe a little more. But I knew I was rolling the dice as far as making any money for my time. I am a hobbiest, so I don't need to make shop rates, but I don't mind making a few bucks when I am done rebuilding & playing with them.
 
I kinda hate to say it but like it or not 4-stroke ski's are the future. I'm sorta looking for a winter project, I'll probably get serious in a couple of months, but I'm looking for a 4-tek, GTI, or something non-SC. So if I were going to put that much money in a ski it would be a 4-stroke.

Something like this, but for less money. This is a dealer and it's probably full retail.

http://lexington.craigslist.org/bod/3853126579.html

Lou
 
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I kinda hate to say it but like it or not 4-stroke ski's are the future. I'm sorta looking for a winter project, I'll probably get serious in a couple of months, but I'm looking for a 4-tek, GTI, or something non-SC. So if I were going to put that much money in a ski it would be a 4-stroke.

Something like this, but for less money. This is a dealer and it's probably full retail.

http://lexington.craigslist.org/bod/3853126579.html

Lou

yes, exactly... the 4 strokes are taking over,every year the gap closes in price between a 2 and a 4... , there are enough nice used ones out there that its driving down the high end 2 strokes, and that will trickle down to the low end 2 strokes, its already started.

2 years ago the price gap between the two was huge,, but the gap is closing fast..
 
EPA is making the 4-stroke the engine of the future.

The emissions can be controlled so much better than two strokes. It will take years but two strokes wide simply fade away,,,


Sent from my iPhone using Tapatalk 2
 
EPA is making the 4-stroke the engine of the future.

The emissions can be controlled so much better than two strokes. It will take years but two strokes wide simply fade away,,,


Sent from my iPhone using Tapatalk 2

Congratulations on the promotion, welcome aboard.

Lou
 
I'll run my 2 stroke long as I can. I've ridden all the new ones. Not a fan of the size/weight/handling/cost. For 16k I can easily get a nice sized boat!
 
One more thing to add.....



If the guy bidding has a 951 sitting around his garage... $1750 is a good price for a clean ski.
 
Lou, mid 00 gta se are showin up down here around 3500-4000 in running condition it's not long before there's one on my trailer.
 
Skis up here are also dropping. I had a 97 GS with a new motor, the ski was completely redone last year, with a tandem ski trailer. I had a hard time getting $2350 for it. Which is quite a bit less than what I thought it was worth. Today a guy offered to sell me a 97XP with a shot motor for $600, no trailer. I offered him $300, don't really want it anyways. There isn't alot of $$ in flipping skis, especially if you need to put a motor in them and fix it properly.
 
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