Making offer on a sunk boat

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04-04-2018, 11:05 AM

flat rate

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Making offer on a sunk boat

I’m looking at a boat and was just told it sank after putting in the water. If $100000 would have bought it yesterday what’s it worth pulled out (fresh water ) and just pickled ?

04-04-2018, 11:33 AM

F-2 Speedy

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how can anyone answer this ?

04-04-2018, 11:39 AM

Jupiter Sunsation

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Quote:

Originally Posted by flat rate

I’m looking at a boat and was just told it sank after putting in the water. If $100000 would have bought it yesterday what’s it worth pulled out (fresh water ) and just pickled ?

97,500?

Too many variables.......if the boat has insurance then they will likely total it minus deductible.
Motors can be pickled but you ruined the ECU's and who knows what else.

It is still winter in most of the country, I'd take the 100K and try to buy a boat that is only covered in frozen water.

04-04-2018, 11:45 AM

flat rate

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I understand it’s a cluster. But was more wondering when they say make offer is $10000 a fair offer. 500s are worth that

04-04-2018, 11:57 AM

F-2 Speedy

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Quote:

Originally Posted by flat rate

I understand it’s a cluster. But was more wondering when they say make offer is $100.00 a fair offer. 500s are worth that

fixed it............are you asking if 10k is reasonable ?

04-04-2018, 12:38 PM

Unlimited jd

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500’s that didn’t go swimming are worth that.

04-04-2018, 01:37 PM

sbracing

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Having to salvage our race boat after sinking in the Atlantic, My take is you will have to replace anything that is electrical. Engines will have to be disassembled and rebuilt. Same with drives. Length of submersion is also an issue with stringers, bulkheads, etc....