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Old 19-07-2012, 21:59   #1
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The Ultimate Bargain?......or not (Morgan Cutter 45)

I've come across a sad tale about a boat for sale in the Sth Pacific.

Over 2 years ago an old salt fell over board and died. He had lived alone and had based himself in the South Pacific Islands, he leaves behind a son and daughter (all grown up) in the USA. They aren't interested in boats, are desperate to be rid of it and want the matter resolved as it has been dragging on for so long.

The vessel in question is a Morgan Cutter 45 in GRP. By all accounts (from reliable, experienced cruisers) the boat is in sound condition and has been sailed by the local yacht club in the odd regatta. By the way, the club are the ones that "salavaged" the boat and have been looking after it and trying to sell it. They are very motivated to be rid of it as well.

The interior has been described as "in needing of attention", the rigging and sails are in fair and perfectly sail-able condition. There has been some talk of an engine problem, but it's been described as "minor".

It "will need at least a month's work" before it could be sailed out of the islands, however wouldn't need to be brought all the way up to CAT1.

Photos are non-existent as the local club isn't the easiest to communicate with and they are the only ones that are able to provide any real info.

They are asking for offers over $25,000 USD. Yep, $25k.

What do you think?
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Old 19-07-2012, 22:54   #2
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Re: The Ultimate Bargain?......or not (Morgan Cutter 45)

Great Story !! now ya just need some pics and a location!! Ive heard a lot of storys over the years, not all of them have been true !! Best of luck to ya ! If it's in such a remote place remember things are a bunch more expensive in the Boonys !! might still be a high price !!
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Old 19-07-2012, 23:03   #3
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Re: The Ultimate Bargain?......or not (Morgan Cutter 45)

I've seen an old pic of it and a semi recent one (last month) of it under sail, looks good. It's in certainly not in the boonies but in one of the bigger western island countries.

It's most definitely a true story as I spoken with parties involved and seen the adverts!

The snag is that the surviving family in the US thinks that they should get more for it than $25k. However the situation for them is getting tired real quickly!
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Old 19-07-2012, 23:29   #4
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Re: The Ultimate Bargain?......or not (Morgan Cutter 45)

Quote:
Originally Posted by bigbluedreaming View Post
I've come across a sad tale about a boat for sale in the Sth Pacific.

Over 2 years ago an old salt fell over board and died. He had lived alone and had based himself in the South Pacific Islands, he leaves behind a son and daughter (all grown up) in the USA. They aren't interested in boats, are desperate to be rid of it and want the matter resolved as it has been dragging on for so long.

The vessel in question is a Morgan Cutter 45 in GRP. By all accounts (from reliable, experienced cruisers) the boat is in sound condition and has been sailed by the local yacht club in the odd regatta. By the way, the club are the ones that "salavaged" the boat and have been looking after it and trying to sell it. They are very motivated to be rid of it as well.

The interior has been described as "in needing of attention", the rigging and sails are in fair and perfectly sail-able condition. There has been some talk of an engine problem, but it's been described as "minor".

It "will need at least a month's work" before it could be sailed out of the islands, however wouldn't need to be brought all the way up to CAT1.

Photos are non-existent as the local club isn't the easiest to communicate with and they are the only ones that are able to provide any real info.

They are asking for offers over $25,000 USD. Yep, $25k.

What do you think?

Any chance of finding someone on the Island to send you pictures? It sounds fishy to me..."By the way, the club are the ones that "salavaged" the boat and have been looking after it and trying to sell it. They are very motivated to be rid of it as well"...yet the club is bad at communicating and not providing pictures...be careful.
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