whats wrong with this boat selling so cheaply?

pstew96

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There is a 2001 280 Sea Ray selling for 29K Granted, it has one engine(6.2) with 900 hours on it, it lived in fresh water and it looks clean as heck. I need to know why its selling so cheaply when other similar boats are selling almost twice the price... any ideas?
 
900 hrs is alot......maybe that may have something to do with it ?
 
10 year old boat? What was the original selling price? Doesn't sound that cheap.

What drive? Should have a BIII. May not be economical to run. Find out all the details and have a survey done.
 
With only one engine on that size boat, guarantees you it is a slug. Probably has hell just getting on plane with a load. What about gen set & a/c?
Personally, I wouldn't want it at any price.
 
Single on a boat that size has to be a nightmare.
 
A single 7.4 would be an ok engine. Agree that boat is underpowered with a 6.2.
 
I think you all are forgetting that the model year and size of the boat..Its not a very heavy boat. If it has a duo prop it will certainly help getting that boat on plane.

A few years back I was looking at a 28formula PC that had a single 5.7 in it, and that boat moved nicely. Anyone who knows boats knows formulas are built like a rock. very solid boat.

Anyone ever stop to think that maybe its the second owner of the boat and he cannot afford his payment, so instead of foreclosing on the boat hes selling for what is owed on the boat to walk away free and clear???
 
If it is a 280 Sundancer it is one of the first years of that design and I recall them selling for under $80k at the boat show. I think the upgrade at that time was twin 6cycl no 8 offered until later on. Although the 6.2 would cerrtainly move it, it's always better with two......
 
Linda and I had purchased a 2003 (model year) Sea Ray 280DA in July 2002. We had one of the first 2003's on LI. It was loaded with lots of add-on's and a genset, but had twin 4.3 mercs. It went for 106k before tax. By October we traded her for our current 320DA. It was a great boat and fast. But we needed a little more room for the traveling we planned on doing.
 
This is an EBAY boat, looks really clean,(fresh water used) has a Bravo III. I am thinking the engine with 900 hours on it is the main reason its cheap. I looked and saw engines selling for about 10K, but I beleive these are re-builts and you can't get a new engine without going to the manufacturer. And don't these engines only come with the block? You would have to take everything off your engine and install it on the new one?
 
Yes, you need to add all the "externals" to a long block engine. Any boat of that size and cost should have a full survey, both on land and in the water, before purchase. Otherwise, you may very well find yourself with a money pit or worse. You can expect some problems and needed repairs on a boat of that vintage and hour usage. That would be normal. The question is always, "What else is wrong?" If it passes survey, and you like it, go for it. It's not a speed boat, but is a comfortable cruiser. If it has a Volvo engine and drive, be careful. There was one type of Volvo drive for those years (check on the Sea Ray owners forum site for details) which was a disaster. Under no circumstances would I recommend you buy a boat with that drive. Other than that, check the NADA guide for value. Good luck. Hy
 
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