Buying a hurricane-damaged boat? - Page 2 - SailNet Community
Reply
 
LinkBack Thread Tools
post #11 of 14 Old 02-25-2008
Senior Member
 
Valiente's Avatar
 
Join Date: Jun 2006
Location: Toronto
Posts: 5,491
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 11
   
Get proof that $45K was spent on it...and where it was spent. In my experience, insurance companies are more prone to writing off storm-damaged boats than trying to do the equivalent of gluing together a smashed china cup, and $45K is a big insurance repair bill for a CS40, which has to be a nearly 20 year old boat that sells from $85-$110K or so.

In other words, approach with caution, survey and verify, verify, verify. If someone bothered to bring this boat back from the dead at great expense, why sell it now?

Storm damaged boats remind me of home-built steel boats or most ferro-cement boats: a good 80% of them are in poor condition or are hiding big flaws, but of the remaining 20%, a significant portion of those are built better than most production boats and can be real bargains.
Valiente is offline  
Quote Quick Reply Share with Facebook
Sponsored Links
Advertisement
 
post #12 of 14 Old 02-26-2008
ASA and PSIA Instructor
 
Join Date: Apr 2000
Posts: 3,555
Thanks: 7
Thanked 24 Times in 24 Posts
Rep Power: 16
 
My advice is to give the boat a shot as the CS40 is a sweet boat.

CS used teak faced ply for partitions and much of the furniture. If the inside of the boat had water in it, I would expect it to be apparent in delaminated ply. Minor ply repairs has been a bit of maintainence thing for me with my CS 36, just from water getting down below from hard use.

I don't think $45K is a big yard bill, work done at a quality yard is very expensive, and in my experience can often produce a better solution than what came off the production line, even with the best of builders (such as CS IMHO). I've spent more than that on my yard repairs/upgrades over eight years, it's amazing what quality costs, but the results can be delightful.

CS used a full stringer/grid frame system for strengthening the hull and hold the furniture in place. If the frames are all properly attached, with no cracks at joints or the hull, then the boat wasn't materially impacted. If repairs were made to the grid structure, than you would need to look at what was done closely, however such repairs would be very easy to detect (one frame on my 36T shows a repair resulting from a hard grounding by the PO)..

Did the hull get painted?

Certified...in several regards...

Last edited by sailingfool; 02-26-2008 at 09:12 PM.
sailingfool is online now  
Quote Quick Reply Share with Facebook
post #13 of 14 Old 02-26-2008
vagrant
 
bobwebster's Avatar
 
Join Date: Jan 2005
Location: Pryor
Posts: 115
Thanks: 0
Thanked 7 Times in 1 Post
Rep Power: 11
 
There is one big advantage to buying a storm damaged boat. As you keep pouring money into the boat you'll have a storm to blame it on, unlike the rest of us.
bobwebster is offline  
Quote Quick Reply Share with Facebook
post #14 of 14 Old 02-26-2008
TKE
 
kreinestja's Avatar
 
Join Date: Mar 2002
Location: New England
Posts: 19
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
 
Boat Repairs and Labor

As a previous poster mentioned 45,000 worth of repairs from a reputable boat yard, doesn’t necessarily mean a tremendous amount of actual parts and replacement.
Our 38 Ericson broke free from her mooring during Noel and suffered “cosmetic” damage. We have estimates from three reputable boatyards. They average $45,000; of that sum $32,000 is labor. The paint job alone is 12,000.
kreinestja is offline  
Quote Quick Reply Share with Facebook
Reply

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the SailNet Community forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.
Please note: After entering 3 characters a list of Usernames already in use will appear and the list will disappear once a valid Username is entered.


User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in









Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page



Similar Threads
Thread Thread Starter Forum Replies Last Post
Construction of a PVC (Divinycell) cored boat Giulietta Sailboat Design and Construction 8 10-19-2007 05:46 PM
Naming and Renaming Your Boat Sue & Larry Buying a Boat Articles 0 12-15-2003 07:00 PM
The Balance of Hull and Sails Steve Colgate Learning to Sail Articles 0 05-25-2000 08:00 PM
Hurricane Waiting Sue & Larry Gear and Maintenance Articles 0 08-14-1999 08:00 PM

Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome