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Go Back   SailNet Community > General Interest > General Discussion (sailing related) > abandoned boat sales
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Topic Review (Newest First)
01-11-2011 01:23 AM
mikieg I grew up on the southern tip of lake michigan. Ifcyou leave your boat on the beach long, the sand will consume it. Sometimes you will be walking along and see a mast sticking up in the sand. About 5 or 6 feet down will be an abandoned boat. In 2004 i salvaged a hobbie 18 and a supercat 16. Losts of work for sure. But free none the less! I ended up selling them in 05.

The best thing i read so far was "buying a cheap project boat only difers the monetary investment"!
01-10-2011 06:32 PM
hellosailor "I was even offered a Columbia 30 at no cost"
So, you took a look at it and bought it?
01-10-2011 06:24 PM
SailingStNick cheap, cheap!

39' columbia sailboat
01-09-2011 09:17 PM
SailingWebGuy
Quote:
Originally Posted by hellosailor View Post
Nola, apparently the "salvage" business is a lot like the trash hauling business. A closed game played by insiders who will not talk to outsiders, and will make outsiders very clearly unwelcome.

Call ten insurers, ask them who they sell totalled boats to. I doubt you'll get one useful answer from any of them.
I found them to be pretty welcoming. I was even offered a Columbia 30 at no cost.
01-09-2011 08:46 PM
hellosailor Nola, apparently the "salvage" business is a lot like the trash hauling business. A closed game played by insiders who will not talk to outsiders, and will make outsiders very clearly unwelcome.

Call ten insurers, ask them who they sell totalled boats to. I doubt you'll get one useful answer from any of them.
01-09-2011 08:39 PM
nolasailor here in the new orleans area most if not all katrina boats are gone, some one came in and disposed of 100's of boats in a mater of a few weeks. They crushed them. Some locals picked up alot of stainless hardware but most of that stuff is gone as far as i know. I was told most payouts for the boats were funded by fema,,, so their rules applied,,, nothing on the boat could be salvaged.... That is the talk on the street around here anyway.
01-09-2011 08:13 PM
hellosailor Harry-
"I have heard that because of the large amount of abandoned boats "
Usually the abandoned boats are derelicts that have long since been stripped of anything worth a dollar, along with all ID and if there's no VIN they'll be hard to title and register as well.
This is usually a very expensive trash collection process by the government agencies.

But every marina has boats that have also been abandoned, usually in better condition, that they have or can apply a "warehouseman's lien" on for unpaid marina bills. Once they take possession of the boat, they can sell the title and the boat. Try asking around marinas first, the yard queens won't be gems either, but they'll be better than the derelicts pulled out of mud banks.
01-09-2011 08:06 PM
travlineasy I published an article on this subject several years ago in Noreaster Magazine, which recently went out of business. In researching the article I discovered that there were more than 100,000 abandoned boats in the U.S. alone, most of which were not worth the time it took to look at them. The vast majority were sailboats, about 60 percent. Some of the power boats I looked at were motor-yachts ranging up to 65 feet in length, while most of the sailboats ranged 17 to 27 feet, with a few over 30 feet.

The vast majority of them were at boat yards and marinas, locations where they were at one time used by owners who were 70 or more years of age, a category that I'm in. For various health reasons, the owner(s) were no longer able to use their boats. Storage fees built up, while at the same time the owners health deteriorated. The owner often died, and his or her name was the only name on the storage contract, thus the boat was abandoned.

More often than not the families of the deceased did not want the boat and ignored letters and phone calls from the marina or boat yard. After a couple years, the facilities try to sell the boat to recoup their storage fees. However, in order to do this, there is a massive amount of paper work, newspaper ads, auction, etc.., a process that takes forever, and can be somewhat expensive. Eventually, the boats are often striped for parts, cut up with a chain saw, loaded in a dump truck and taken to a landfill.

Ironically, my 27-foot Catalina was a derelict that I purchased from Chesapeake Bay Foundation's Living Classroom in Baltimore Harbor. I got a fantastic price, put a couple grand into fixing some minor problems, and sailed it for five years.

When I get some free time I'll post a copy of the article on this forum.

Gary
01-09-2011 06:41 PM
SailingWebGuy The org I'm familiar with is in the Chesapeake. Planet Hope: Land and Sea | Mentoring Youth Through Sailing

They were difficult to find. I stumbled upon them through searching for project boats at MD marinas.

There's gotta be one local to your area.. Call a few marinas. They would probably know of one.

or...

Get familiar with some salvage guys. I've seen quite a few boats with good names behind them get chopped up.
01-09-2011 06:29 PM
seagypsey thanks landmineop.

I wrote to the ad for more info.

Harry
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