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-   -   Stolen boat recovered... (http://www.sailnet.com/forums/general-discussion-sailing-related/33192-stolen-boat-recovered.html)

glory68 06-03-2007 08:39 PM

Stolen boat recovered...
 
1968 40' Bristol that has been missing for over two years was located last week and is on its way back to Fort Lauderdale. The vessel was being lived on, but when word got out that the boat was found and about to be taken, the theif stripped everything, even the galley sink. Alll systems are dismanteled with parts missing. After putting pieces of the engine back together, the private investigator and the mechanic who were hired to seize the vessel and return her to me are slowly headed home with lights running off a portable battery pack and a hand held gps. They should arrive later in the week. Thank God for good friends, because I could not have gotten this far without them.

I am not going to be able to keep the vessel. Not that I would not like to, but other circumstances are going to prevent it. I am searching for advice as to how to proceed from here. Unfortunately, the vessel is going to have to be sold in some state other than completely restored. What should I do now? What should I leave for the new owner? Is there anyone in my area looking for work that knows about Bristol's? These questions could go on for ever, so anyone out there who has a little knowledge and experience to share wiith me?

Freesail99 06-03-2007 09:18 PM

I assume the boat was not insured ?

USCGRET1990 06-03-2007 09:19 PM

But it on eBay as a "Project Boat" an easy way to let it go and move on...

glory68 06-03-2007 09:52 PM

Coverage on the boat had been cancelled when the boat was taken. I am ashamed to admit that I let "Prince Charming" convince me to sell my condo and buy a boat that I knew nothing about to become a live-aboard cruiser. It sounded wonderful at the time. Not so good, when my bank account was empty and Prince Charming and the boat were gone, and I was left to pick up the pieces. The boat was beautiful at one time, and I enjoyed the little time that I spent sailing on her. I feel that I owe her more than just dumping her for what I can get out of her. So, here I am, asking the sailing community for advice. I definately made a mistake with Prince Charming, but all of you love sailing. That is one of the reasons that you are part of sailnet. I think asking for advice here is a wise decission.

Freesail99 06-03-2007 09:58 PM

Did insurance pay you for the insured value when it was stolen ?

glory68 06-03-2007 10:04 PM

No. Prince Charming handled the insurance as he had insured previous boats. Because I had no sailing experience, I let him handle most things regaring the boat. The policy was in affect for over one year, but then it was not renewed as I believed.

sailingdog 06-03-2007 10:05 PM

If you care about the boat, and have the inclination, then restoration of the boat isn't a completely unrealistic idea. It will be a bit expensive, but provided the hull, deck and rig are in good shape, you should have a relatively easy time refitting her. It will take a fair bit of sweat equity and money, but then she'll really be your boat.

If you do decide to refit her, let us know, and we'll give you what advice we can.

I would also highly recommend you file suit against Prince Charming, who sounds like a pretty low bastard.

camaraderie 06-03-2007 10:06 PM

Suggest listing the boat on Craig's list or E-bay if it is in bad shape. Otherwise have a local broker evaluate it and tell you what he thinks it is now worth based on condition. Have him show you BUC Book or NADA values AND recent actual sale prices for similar boats and justify his position. Good luck!

glory68 06-03-2007 10:26 PM

The hull is in good shape. The deck and housing needs some paint work. The rig is in good shape as far as I can tell. The jib and main are in good condition according to the men returning her to me. I do care about the boat, and feel responsible for the shape that she has found herself in. Getting the vessel back has been a costly process. I have been told that I could sell her as is and recoup that money. I do not have unlimited funds, but really feel that I would like to do what I can to bring her back before I have to send her to a new home. I do not have any idea where to start, and do not want to waste money on things that are not important or things that a new owner would likely change. Where do I start?

sailaway21 06-04-2007 12:31 AM

Heck, Get some new friends, ones who sail, go down and figure out the minimum you need to get her sailing. Do that much. Sinks, heads, cushions, interior trim and lights-that's all optional stuff. Lots of us are sailing around in unfurnished boats. Most of the ones with well furnished boats have unfurnished houses.(G)


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