CD 22 Cruiser Options Value

A

afglobemaster

New member
Hey guys, what kind of dollar value you would you put on the options/add-ons below on an '04 CD-22 cruiser, taking into consideration the labor on the applicable items....

Honda EU 2000i Generator, 120v/30A shorepower, Coleman rooftop A/C, Battery mount switch, Richie Compass, Rod Holders, Swim and step ladder, lenco trim tabs, wash down pump, electric wipers, cooler pad.

Thanks!

Joe
 
I hope this is okay to post, because instead of really answering, I'm giving you my opinion in another direction. But maybe it will help anyway.

Thinking back to when I was shopping, I did at first compare various candidate boats with lists of what they had, what they didn't have (compared to other ones), and the dollar value of the items (or how much it would take to add them if they were not there). I still have all the lists I made (and there were many!)

Just about the only "guideline" type of conclusion I came to is that if you want a boat with lots of options, and are happy with the existing installations, then you get the most for your money by buying the more expensive but better equipped boat. By that I mean that when I took a few "bargain priced" boats that were then for sale, and then added the cost of bringing them up to the more-equipped boats, the "bargains" always ended up costing more. (Of course this isn't true if you are happy with the bargain boat as-is.)

So I don't know.... I'm not sure I would assign a dollar value to various items as there is more to it than that. Here are things I think about:

1) Is it the model of X item I want? Is it the one I would buy if I were buying it now?

2) Am I happy with the installation details?

3) Do I really want this item, or does it just seem like it's good to have a "well outfitted" boat?

In my case it ended up making sense to look for a clean and "un-outfitted" boat, because I knew I wanted the things I wanted, in current models, and I wanted to install them myself. But presuming you aren't like that, I still think that the boat as a whole is important to consider (vs. "parting out the value" of various add-ons). In the end, I didn't go for the boat that made the most sense in a dollar/list way (i.e. the most features for the lowest price), because I wanted something in excellent condition, and didn't want to buy outdated stuff or things I didn't want, and/or have to remove/reinstall them.

And too there is an element of "relationship" and overall "I just like it." Maybe like the difference between putting a person's qualities down on paper and assigning value to them vs. just knowing you like X person a whole lot. There was a maroon boat for sale when I was looking, and it made SO much sense on paper, but.... I just didn't really "love" that color. So that boat was off the list.

Hmm, not sure I have a clear point here, and maybe too much of a tangent for what you are asking... but maybe there will be something of use in it. (Or maybe it's just time for a cup of coffee!)
 
Well, it would help if we knew where you lived. As an example, the A/C isn't worth much in SoCal, but I bet it's worth a lot in Florida. The rod holders are mandatory if you fish (I guess) but what if you don't?

Does that help?

Boris
 
I hate to say it, but unless the options you mention have been recently installed, most don't add much value to a prospective buyer. The Honda generator is probably the most valuable and you can expect to get maybe 1/2 of what you paid for it (maybe more, maybe less). I saw a used EU2000i in good shape sell for only $350 at the boat swap meet I recently attended (that was a good deal for the purchaser). The shore power adds some value if it was done properly. The rooftop A/C adds or subtracts depending on where the buyer lives. For instance to a Pac NW buyer, the A/C in the rooftop might be regarded as a hole that needs to be fixed as opposed to a net positive. Rod holders to non fisherman have little or perhaps negative value as they might want to remove them and fill the holes.
 
If you want those "extras" and were going to have to put them on the boat--the value would be fairly close to retail, plus costs of installation

The Honda Generator is $950 to $ 1,100 new--used on E-bay right now $700.
The Air conditioner is new $650, plus freight. These rarely come up used.

The factory 110 V system, may be over kill and you can put on one for under $100. But as I recollect it is gong to be somewhere between $350 and $500.

The Battery switch and Ritchie compass should be on every boat--I don't consider those an appreciation in value--same for the swim platform and ladder. Trim tabs, again should be standard,--same for electric wipers. Wash down pump is going to cost your $250 to $300 to put in.--and is close to factory cost.

Rod holders--depends on type--but figure a couple of hundred for good ones.Cooler pad--I assume the one going in the splash well. I made one for about $75 for all of the fittings. Figure worth about $150--but I like to keep the splash well clear, so I can use the swim step.

How much do all of these items increase the retail resale value of a 2002 boat? I would be willing to pay between $2,000 to $3,000 more for that boat, IF I wanted those items.

We bought our current 2006 boat, with the main option of a camper canvas, and an up to date 4" GPS, and one radio. There was a $100 Arctic King (WalMart) window AC unit. For me this was in the low range of "extras". We used the boat for several years, pretty much the way it came--but put $1000 into a freezer chest, VSR battery switching, extra Gr 31 AGM battery. Then added 110 V circuit and breaker, with an upgraded battery charger. We also bought a 1000 Watt Honda Generator. Currently we are putting at least another $5,000 upgrades, with windlass, new rode, 10" chart plotter/radar. I would have been very happy to pay an extra $6,000 for the extras I have added recently--but they are pretty much state of the art, and not 12 year old items.--so in your case there is some deduction for the age--if any of these items seem worn--maybe 20% to 30% off because of age. Honda Generators and the Coleman AC units last for many years.

Again, it is if you want those items there is real value there.
 
I'm in Florida, but my question is kind of along the lines of what Sunbeam is saying. The boat has everything accessory/option-wise I want, but the motor isn't as desirable.

Just trying to gauge how much it would cost me to add these items on to a bare bones C Dory of a similar year, but with a better engine, should I go that route...
 
Thanks Bob and Roger, great insight! Exactly what I'm looking for. How much labor is involved with installing A/C, the electrical involved with that, and shore power?

Don't forget, the a/c also heats, for you cold weather folks ;)
 
afglobemaster":2s61u1u7 said:
Just trying to gauge how much it would cost me to add these items on to a bare bones C Dory of a similar year, but with a better engine, should I go that route...
Click to expand...

That is a bit more answerable question. I can't answer directly, as I do my own work (so don't count my labor), but the question is straightforward now. So you are asking, how much would it cost to have the following installed new:

Honda EU 2000i Generator
120v/30A shorepower
Coleman rooftop A/C
Battery mount switch
Richie Compass
Rod Holders
Swim and step ladder
lenco trim tabs
wash down pump
electric wipers
cooler pad

Perhaps someone who has had similar items installed recently can answer. Another way to get an idea at least, is to look up the cost of the parts (there is still the labor, and the inevitable accessory parts, such as wiring, connectors, time to seal core if you have that done, etc., but at least you know it won't be less than the cost of the parts).
 
Joe,

It's just my opinion, but here goes:

Of the items you mentioned, the only one(s) I think add value would be the Honda generator and the a/c. From my perspective, the other items (shorepower, battery switch, trim tabs, swim step ladder, compass, etc) are items that one could reasonably expect to find on a CD22. I don't see the cost of installation of any accessories (particularly on a 12 year old vessel) as being a value add-on. (My sole exception there would be if Dr. Bob installed it!)

Accessories are nice, in certain circumstances. Then again, particularly with electronics, the older items may not be the technology YOU want ... and they're probably more prone to wear and/or breakdown. With other customized accessories, it has a lot to do with how you'll use the vessel. Some fishermen(fisherwomen too... :-) love having an outside helm and downriggers. To me that would be bothersome. The same issues might be said of accessories like the Wallas stove, Espar heaters; they might be Great, then again they might not meet YOUR particular needs.

For us, things like an opening front window, good camper canvas, a windlass, an autopilot are fantastic - to other folks they might not have any added value.

I would tend to look at the overall vessel and its larger components. Is this the engine what you want, and what is the condition? Personally, I wouldn't quibble over any modern 4-stroke engine if properly used and maintained. There is a current thread on Honda carbed 90 and the newer Honda EFI 90. I certainly like the EFI model (I've owned both...) but I would certainly consider a carbed Honda if the over all deal was attractive. Same issue with the trailer. I like a bunked trailer versus a wheeled version; but neither would be a deal breaker.

Good Luck!

Best,
Casey&Mary
 
The labor on an Air conditioner, could be substantial--a lot depends on how it is installed. A 14" square hole cut in the top of the boat--takes about 15 minutes, including measuring twice and cutting once. What took the time in my installation, is that I replicated the curve of the cabin top in an oak frame on the inside of the cabin, so that the weight of the air conditioner would not flatter the roof. (RV air conditioners have a thick foam gasket under the top square flange, and a bottom square flange. Both of these tend to flatten the crowned roof. I also made a perfectly flat top rim--by building up glass. That installation could be as much as $1,000 plus dollars, plus parts. A quick and dirty, with electrical could be done for about $400. But, even then I would want the edge of any balsa core cut into sealed--add 2 more hours labor--or up the price by $100.

The 110 volt AC installation--again depends of what you want--that can include a battery charger (add $300), more than one plug--add another couple of hundred. Figure that labor is from $50 to $100 an hour. The factory type of panel, and 3 plugs, 30 amp circuit, with cords and proper fittings for input is gong to be about $600.
 
Back
Top