Buying a hurricane-damaged boat? - Page 2 - SailNet Community
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post #11 of 14 Old 02-25-2008
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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.
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post #12 of 14 Old 02-26-2008
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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? several regards...

Last edited by sailingfool; 02-26-2008 at 09:12 PM.
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post #13 of 14 Old 02-26-2008
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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.
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post #14 of 14 Old 02-26-2008
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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.
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