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What happens to all of the damaged boats after a hurricane ???

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lumina

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  1. OWNER - I own a Hatteras Yacht
Hatteras Model
48' YACHT FISHERMAN (1972 - 1975)
Hi All,

I was just wondering (always gets me in trouble).

I was reading an account of hurricane Andrew and it showed vast piles of boats that were sunk or badly damaged during the hurricane. I realize that some are in good enough shape to be salvaged but where do the rest go ?

Wouldn't they provide a treasure trove of parts to the general boating community ?? ie working accessories like a windlass, maybe a fridge, stainless steel rails, fenders, teak work etc etc
 
I wondered that as well... spent 6 months "touring" the whole gulf area after Katrina/Rita and the actual pickings were pretty slim. I was also on SEVERAL auction watch lists. I need a bunch of used stuff for mine as well... Any ideas experts??? ws
 
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tHe first is a 52C the motoryacht belongs to member "eighty two five". He has pictures posted.
 
It would be great if someone had a parts storage for used parts for the classics but the question would be how much is it worth to not buy a new whatever from Sams if it's available.

I may get a few old engines and clean up some spare parts for me but the storage requirement is too much for lots of the items people may want.
 
tHe first is a 52C the motoryacht belongs to member "eighty two five". He has pictures posted.

Hey Dave...
I bid on that one and it was RUFF. I believe it had 12 or 16-92s. They guy got it running and moved her home on its bottom to somewhere in Oklahoma up the Red River. What a stroll that hadda be!! ws
 
Hey Dave...
I bid on that one and it was RUFF. I believe it had 12 or 16-92s. They guy got it running and moved her home on its bottom to somewhere in Oklahoma up the Red River. What a stroll that hadda be!! ws


The caption on one of the pics was something to the effect " two running engines, a portable generator and God as our copilot" They made it to OK without incident. I wish they would post some progress pics.
 
A lot of them are bought (usually at insanely beyond their true value) and turn into someone's project.

I've bid on a couple but I know what's involved in fixing one, and won't get sucked in. Yet to win one - the folks who do, I suspect, get surprises down the road in terms of the total "in" by the time they're done.
 
The caption on one of the pics was something to the effect " two running engines, a portable generator and God as our copilot" They made it to OK without incident. I wish they would post some progress pics.

Ive PMd him several times to no avail. Spoke with him just after the auction. He had already put a for sale sign on it, but decided to keep it. ws
 
You can look at www.yachtsalvage.com under listings. They always have boats on there. There is a nice 2006 54c on there for rehab.

Mike
"Habanero"55C
 
Neighbor of ours bought a 2005 or 2006 60' Riviera Sportfisher salvaged from Katrina for $400,000. His thought process was he could put another $200,000 in the boat and sell it for $800,000. Problem was, he ended up putting $400,000 into it and now he can't sell it for what he has into it. Now it sits in its slip gathering dust. Beautiful boat... for a Riviera.
 
I can imagine a yard owner possibly buying one of these boats if they know boats and the market. BY using their own yard personnel in slow periods or off season they might be able to retain top notch people year round and have enough perspective to at least break even on a big effort like this. In addition they can get parts, equipment and material wholesale....not so easy for us everyday retail bozos.
 
Hi All,

My thinking was more on the parts side of things ie maybe a radar arch, a windlass, a thruster, stainless rail and accessories, teak, decor, glass etc etc.
 
Sometimes even the yards can't even make a buck on the repaired boats because the parts are so much. Engine work and electrical are insanely costly because the supplies are expensive. Fiberglass even at $20 / gal adds up fast.

When I did the aft deck I also did fuel lines, some valves and basic wire supplies. After all is said and done I have over $1k in materials (wholesale) before I even look at the paint. That will be another $4-500. My labor is free to me but it would be hard to make money on larger projects just buying materials in this market.
 
there are still quite a few boats left at D&H marine in gulfport miss. from katrina. i was told that some people buy the boats, thinking that the got a good deal, then they start to work on them and find out just how much money and time that they have to put into them, add the yard storage bill and they just leave them in the yard and walk away. i may have time this weekend to walk throught the yard and see what they have in terms of hatt boats and parts. i will report back if i find anything of interest. bigbill
 
I guess the hulls that are not repairable get crushed and put into landfills. I watched the barge in stuart picking up sunken boats and the claw crushes them up pretty good to fit on the barge.
 

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