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Old 04-06-2016, 15:10   #1
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Lagoon 400 Bulkhead an issue?

Have been looking specifically at the Lagoon 400 - really nice boat. The 400 we were interested in had an "issue" common with the 400"s but had been fixed according to the listing broker.
Asked our broker to inquire further about what the "issue" might be, our broker assumed it was the bulkhead issue. We also asked our broker to inquire about what other big ticket items may have been upgraded/replaced being a boat coming out of charter. No response from the listing broker. Would any of you put in an offer on this boat not having info on the "issue" or a refit list? Felt a little pressure to do so. Opinions appreciated!
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Old 04-06-2016, 15:52   #2
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Re: Lagoon 400 Bulkhead an issue?

Bulkhead issue?
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Old 04-06-2016, 16:32   #3
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Re: Lagoon 400 Bulkhead an issue?

Sounds like you need to find a different broker


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Old 04-06-2016, 19:24   #4
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Re: Lagoon 400 Bulkhead an issue?

smj, new to this experience but seems we may need to, thanks!
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Old 04-06-2016, 22:09   #5
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Re: Lagoon 400 Bulkhead an issue?

Also very new to this but everything I've read suggests that paying a reputable surveyor (who is completely independent to the broker) is well worth doing. Most folks seem to consider this a must-do before placing any offer.
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Old 05-06-2016, 05:31   #6
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Re: Lagoon 400 Bulkhead an issue?

Shaunno71 I would agree, would be worth the few hundred spent.
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Old 05-06-2016, 06:04   #7
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Re: Lagoon 400 Bulkhead an issue?

Greetings and welcome aboard the CF, Shaunno.
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Old 05-06-2016, 06:20   #8
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Re: Lagoon 400 Bulkhead an issue?

Top Tip for finding a surveyor: ask the marina/yard where the boat is based for a list of recommended surveyors and make sure the one you choose is not on the list! We did that and then flew our own surveyor in.
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Old 05-06-2016, 06:26   #9
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Re: Lagoon 400 Bulkhead an issue?

Quote:
Originally Posted by louielouie View Post
Have been looking specifically at the Lagoon 400 - really nice boat. The 400 we were interested in had an "issue" common with the 400"s but had been fixed according to the listing broker.
Asked our broker to inquire further about what the "issue" might be, our broker assumed it was the bulkhead issue. We also asked our broker to inquire about what other big ticket items may have been upgraded/replaced being a boat coming out of charter. No response from the listing broker. Would any of you put in an offer on this boat not having info on the "issue" or a refit list?
Yes, I'd put an offer in, if I really wanted the boat, but the offer would be on the assumption that the "issue" (whatever it is) had not been addressed and everything I wanted doing to bring the boat up to my acceptable standard had not been done, unless there was written proof to the contrary. Explain the reasoning for your offer to the broker. You can always revise your offer upwards if you get the required proof that work/repairs/upgrades have been done.
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Old 05-06-2016, 07:10   #10
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Re: Lagoon 400 Bulkhead an issue?

Make sure you have a contract on the boat before surveying. It would be a shame to pay for a survey and all related costs then have someone put a contract on the boat before you have a chance


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Old 05-06-2016, 10:27   #11
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Re: Lagoon 400 Bulkhead an issue?

You can put in an offer contingent upon the survey results. That way you avoid the above situation, but can pull out if the survey comes up with big issues.

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Old 05-06-2016, 12:30   #12
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Re: Lagoon 400 Bulkhead an issue?

Bill4 - Actually we did start the contract and based it on not knowing what the issue was or if any upgrades, replacements or repairs were done. Went in 15% below asking, being an ex-charter, and got some push back from our broker. Decided not to go through with the offer after much thought, didn't think we were being unreasonable? Planned on spending 250K, lot of change in my book.
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Old 05-06-2016, 12:55   #13
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Re: Lagoon 400 Bulkhead an issue?

Quote:
Originally Posted by louielouie View Post
Have been looking specifically at the Lagoon 400 - really nice boat. The 400 we were interested in had an "issue" common with the 400"s but had been fixed according to the listing broker.
Asked our broker to inquire further about what the "issue" might be, our broker assumed it was the bulkhead issue. We also asked our broker to inquire about what other big ticket items may have been upgraded/replaced being a boat coming out of charter. No response from the listing broker. Would any of you put in an offer on this boat not having info on the "issue" or a refit list? Felt a little pressure to do so. Opinions appreciated!
We have a Lagoon 400 that will be coming out of charter shortly. The issue with the bulkhead is that fresh water got in behind the bulkhead causing rot. The bulkhead is being completely replaced as a warranty repair from Lagoon. We have not had any other major issues and are excited to start cruising soon.
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Old 05-06-2016, 14:27   #14
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Re: Lagoon 400 Bulkhead an issue?

Hello all,

I just went through exactly this situation with a 2010 Lagoon 400 in Tortola. I agree with all other members on comments made as far as the importance of the survey and the contract. We too loved the boat and knew there was a bulkhead issue going into it.

Although the bulkhead issue was not mentioned by the broker, we decided to hire an independent surveyor in Tortola to have a look before we spent the money and time going to look at the boat ourselves. This was well worth it, since there were 2 other 400's that already had this issue and he knew the problem even when we spoke on the phone.

As one of the previous posts states, the factory knows about this design flaw an they have a repair for it. The issue is that water builds up an cannot drain in the forward bulkhead compartment. This then affects the bulkhead marine plywood construction. Its very hard to find unless you know to look for it.

The remedy is that the rotten plywood has to be cut out and replaced, then the tabbing needs to be reglassed and the bulkhead secured. This job takes about a week of cutting the compartment open and removing the rotten wood.

Although we had all the pictures of the job, our underwriter would not insure the boat but this was also because they wanted a boat that was in above average condition to begin with. So you may want to check with your insurance what they think. Remember, the bulkhead is the spine of you boat.

After we thought it through and considered all the other repairs and additional equipmen such as geny and AC we needed to invest in, what looked like a great deal was not so great anymore.

We were smart enough to word our contract in a way that allowed us to back out in case the survey was not up to our standard or the boat was not insurable.

in the end, we got our deposit back and are now working on other options

...remember, you get what you pay for, so do yourself a favor, get a certified marine surveyor and spend the money on the survey. make sure you have a contract that allows you to back out...and remember, eventually you will likely have to sell the boat and any future surveyor will ask what was done to the bulkhead - so make sure you have that work fully documented.

Good Luck!
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Old 05-06-2016, 15:51   #15
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Thumbs up Re: Lagoon 400 Bulkhead an issue?

CKATHKE, just so happens the surveyor (BVI) I contacted mentioned the problem w/bulkhead in his response email, appreciated him offering the info. Possibility of difficulty with insurance just adds to the concern. Definitely learning a lot along the way if nothing else. Feeling more confident though in the whole boat buying process!
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