overpriced storm damaged catamarans40

[chavodelocho]

Originally Posted by chavodelocho

Hi Tetepare, Thanks for the advice. Current price bid by asking them. What I really don´t understand is why nobody bid?. Can someone clarify why not?.

May be not contingency plan????

https://bigthink.com/personal-growth...tter-decisions

[JC Reefer]

One mans trash??

[chavodelocho]

Originally Posted by JC Reefer

One mans trash??

Sorry if I´m naiv...but if you repairs the basic in BVI, make her flotable,tow it to Puerto Rico and make her "habitable" in order to live in a anchor...free to live in and as I´m freelance, plenty of time to buy second hand stuff and do some repairs by my own,bring people to party or/and live in, just in exchange of some help with repairs...

Let me know your thoughts and DO NOT hesitate to be SO,SO,SO CRUEL WITH YOUR OPINIONS

[JC Reefer]

Originally Posted by chavodelocho

Sorry if I´m naiv...but if you repairs the basic in BVI, make her flotable,tow it to Puerto Rico and make her "habitable" in order to live in a anchor...free to live in and as I´m freelance, plenty of time to buy second hand stuff and do some repairs by my own,bring people to party or/and live in, just in exchange of some help with repairs...

You could do it. I personally wouldn’t because I can think a better ways to waste money/time. I also think you’d be in 50k and living nearly homeless with your idea.

Let me know where all free helping friends/squatters are. I’ve work that needs doing.

[chavodelocho]

Originally Posted by JC Reefer

You could do it. I personally wouldn’t because I can think a better ways to waste money/time. I also think you’d be in 50k and living nearly homeless with your idea.

Let me know where all free helping friends/squatters are. I’ve work that needs doing.

JAJAJAJA...I could agree with " friends/squatters" but why "nearly homeless" with your idea.If I´m not in a hurry, I can get second hand parts from BVI and It´s flotable/habitable in the meanwhile...can I ask you, all of YOU, for concrete maths for "flotable/habitable" repairs?. Estimations and your own examples?

[Mr B]

You can buy sheets of fibreglass up to 6 metres in length, 1200 mm wide, 1/2 and 1 inch thick, or any thickness you require,
They will cut it to any size you require,
Longer if you buy enough of them,
Shipping is the big cost with these panels,
Any repairs, Cut out the destroyed part and replace it with a new panel,
These sheets are all certified marine panels,
You can buy a complete boat made from these panels if you want to build it yourself,
It comes as a complete package with all the panels supplied in a kit,
This boat is made from these panels, Duplex panels,

Its very easy if you know what your doing,

[Mr B]

Originally Posted by JC Reefer

One mans trash??

Do you have close up piccys of the damaged hulls, Or is it just scratched paint,
A good wash to get the dirt off, That boat looks pretty good,
The broken cross beam at the front, Is it Aluminium or timber,

[JC Reefer]

Originally Posted by Mr B

Do you have close up piccys of the damaged hulls, Or is it just scratched paint,

A good wash to get the dirt off, That boat looks pretty good,

The broken cross beam at the front, Is it Aluminium or timber,

🥴 sure just a little elbow grease. That will do it.

Kudos to you for loving a good flip.

I personally would not spend my time or effort on it. For 30k one could live on main land Puerto Rico for a year and have more time to do the freelancing work they do to earn money instead of something else. But to each his own.

Instead of presenting a newly constructed boat, and talking about how easy and cheap it is I ask for a few before and after images from some of the storm damaged projects out there. I’d be interested in seeing how the scratches buff out.

[Mr B]

Originally Posted by JC Reefer

🥴 sure just a little elbow grease. That will do it.

Kudos to you for loving a good flip.

I personally would not spend my time or effort on it. For 30k one could live on main land Puerto Rico for a year and have more time to do the freelancing work they do to earn money instead of something else. But to each his own.

Instead of presenting a newly constructed boat, and talking about how easy and cheap it is I ask for a few before and after images from some of the storm damaged projects out there. I’d be interested in seeing how the scratches buff out.

You cant tell how damaged a boat is from one or two pictures, Thats why I asked for more piccys,

My post was to show that you can buy fibreglass sheeting in big lengths, Only,

Not how to build or repair a boat, or the cost of it,
The picture was just an example of the sheeting you can buy, The lengths and widths it comes in,

I could have put up a piccy of a complete schioning kit in a flat pack as well, But didnt, as it dosen't show the lengths of the sheeting,
Bit of common sense goes well too,

The first Picture is scratches on the fairing of my bike, Nothing wrong with the bike,
8 Grand from the insurance company using genuine parts to repair it, Quoted,

I used Chinese parts and repaired it fully for the cost of $460-00 AUD, You cant tell the difference from OEM parts,
Insurance excess was $600-00 AUD,
Just on the excess, I came out $140-00 ahead,

Second piccy is the repaired bike,

But it all depends on whether some one is capable of repairing some thing that is damaged or not,

Have a nice day,

[JC Reefer]

Originally Posted by Mr B

You cant tell how damaged a boat is from one or two pictures, Thats why I asked for more piccys,



My post was to show that you can buy fibreglass sheeting in big lengths, Only,



Not how to build or repair a boat, or the cost of it,

The picture was just an example of the sheeting you can buy, The lengths and widths it comes in,



I could have put up a piccy of a complete schioning kit in a flat pack as well, But didnt, as it dosen't show the lengths of the sheeting,

Bit of common sense goes well too,



The first Picture is scratches on the fairing of my bike, Nothing wrong with the bike,

8 Grand from the insurance company using genuine parts to repair it, Quoted,



I used Chinese parts and repaired it fully for the cost of $460-00 AUD, You cant tell the difference from OEM parts,

Insurance excess was $600-00 AUD,

Just on the excess, I came out $140-00 ahead,



Second piccy is the repaired bike,



But it all depends on whether some one is capable of repairing some thing that is damaged or not,



Have a nice day,

In principal you are correct but Not sure comparing the rehab of a motorcycle to a 40+ catamaran is the same?

I guess if the insurance company gives 200 times what it costs, but how many people are walking away with that kind of story.

It would be interesting to see some real ones from the rest of the group. Sure there are a few out there with before and after pictures.

[chavodelocho]

Originally Posted by Mr B

You cant tell how damaged a boat is from one or two pictures, Thats why I asked for more piccys,

My post was to show that you can buy fibreglass sheeting in big lengths, Only,

Not how to build or repair a boat, or the cost of it,
The picture was just an example of the sheeting you can buy, The lengths and widths it comes in,

I could have put up a piccy of a complete schioning kit in a flat pack as well, But didnt, as it dosen't show the lengths of the sheeting,
Bit of common sense goes well too,

The first Picture is scratches on the fairing of my bike, Nothing wrong with the bike,
8 Grand from the insurance company using genuine parts to repair it, Quoted,

I used Chinese parts and repaired it fully for the cost of $460-00 AUD, You cant tell the difference from OEM parts,
Insurance excess was $600-00 AUD,
Just on the excess, I came out $140-00 ahead,

Second piccy is the repaired bike,

But it all depends on whether some one is capable of repairing some thing that is damaged or not,

Have a nice day,

Hi Mr. B,

What do you think about this:

Sorry if I´m naiv...but if you repairs the basic in BVI, make her flotable,tow it to Puerto Rico and make her "habitable" in order to live in a anchor...free to live in and as I´m freelance, plenty of time to buy second hand stuff and do some repairs by my own,bring people to party or/and live in, just in exchange of some help with repairs...

Let me know your thoughts and DO NOT hesitate to be SO,SO,SO CRUEL WITH YOUR OPINIONS


THANKSSSS IN ADVANCE!

[Mr B]

Originally Posted by JC Reefer

In principal you are correct but Not sure comparing the rehab of a motorcycle to a 40+ catamaran is the same?

I guess if the insurance company gives 200 times what it costs, but how many people are walking away with that kind of story.

It would be interesting to see some real ones from the rest of the group. Sure there are a few out there with before and after pictures.

Insurance companys will only give the insured value if any thing is written off,
That also depends on whether its market or agreed value,
Market value, They can give you peanuts,
Agreed value, they will give the agreed value,

I dont know where you got 200 times what it costs,

How it works,
Is you compare the average value of what ever your going to repair against the cost of one that isnt damaged, No matter what it is,

You cost the amount of repairs that you can repair some thing for,
Full costs, Fully repaired, Not an imaginery under costed Guess,

The full repairs have to be under what an undamaged one is worth,
Then its a viable project, Go for it,

If it works out over the cost of an undamaged one, Leave it to rot, Simple,

My 34 foot cat repairs cost me about 80 Grand,
A comparable Gemini to mine is worth 125 Grand, USD, Thats the value of some Gemini's on the Gemini forums, USA, Ones that have currently and recently been sold,

So I came out well ahead with mine, Even if it did take a lot longer to repair than I expected it too,

I do have a very nice 1989 36 foot RV which I imported from the USA with the spare change I got from my Insurance payout,
Including all the conversions to make it ADR compliant in Australia and to register it,
But Im one of those people that can,

[Mr B]

Originally Posted by chavodelocho

Hi Mr. B,

What do you think about this:

Sorry if I´m naiv...but if you repairs the basic in BVI, make her flotable,tow it to Puerto Rico and make her "habitable" in order to live in a anchor...free to live in and as I´m freelance, plenty of time to buy second hand stuff and do some repairs by my own,bring people to party or/and live in, just in exchange of some help with repairs...

Let me know your thoughts and DO NOT hesitate to be SO,SO,SO CRUEL WITH YOUR OPINIONS


THANKSSSS IN ADVANCE!

Unfortunately, I have No idea,
Your whistling Dixie if you think you will get free labour any where,
It just dont happen, Professionals cost an arm and a leg and your first born child,

I am a Professional, So I can do a lot of the work needed myself,

My Hulls, I subbied out as I thought it was just too big a job to do on my own,
Plus my neck is on the line with the hulls being totally seaworthy when completed,
I had a written price for the hulls to be completed, And beefed up to my specs,

All the electrics, electronics, Lighting, Nav lights, Solar and wind genny, Battery bank and controllers, Water pumps, Hoses, Fridge, Diesel Motor, Water maker, Toilet, Interior Painting, Cabinets, Fabric covering on all the seats and mattresses, New Anchor, Restanding the mast and Boom, Rigging, Etc Etc Etc, I have repaired or replaced myself,

If you can put a temporary skin on it to get it to where you want it, With out it sinking,
And you can live on it while doing the repairs, Free, Its a viable project,
Preferably on the hard if its got a temporary skin on it,

You tube tutorials can show you how to do nearly every thing, If you dont know,

Wish you well, We were all learners, Once,

[multihuler]

Since I already bought 2, I sold the 36 Seawind all cleaned up for $22k and I broke even. Your cat, with bad engines, rig, holes is worth under $10k, and the odds they will take anything

[Aquila1976]

Originally Posted by Mattm

Hi all.

i've been scouring the net a bit and am seeings some hurricane damaged catamarans comming up at what seems to me to be outrageous prices ranging from 60-150k usd.
i think i would enjoy rebuilding a Cat but the pricing just doesnt make sense.
example

Lagoon 380 prices between 200-300k for non storm damaged


theres one for 100k.
to properly repair this boat i would expect.


15-20k transport

60-80k rigging and sails
40-50k for mechanical (new engines and genset)

20k atleast for replacing electrical

10k for new electronics
10-100k for glasswork and woodwork (who the hell knows)
15k for new cushions


lowballing $170k in repairs total of $270 and you still have a storm damaged cat that noone will ever want to buy. i know many of these repairs can be done much cheaper if you cut corners or with my estimates in the end you would basically have the equivalent of a brand new catamaran but it just seems like noone in their right mind would ever put out so much for so much risk. especially if you count your 2-3 years of labour which is worth atleast another 150k.

i thought buying a storm damaged cat would be a fun project and a nice way to get around Canada's insane import duties of 23% but once i ran the numbers is just seems like a headache.

for 20k i think id consider purchasing one of these boats but for any more it just seems like id be tossing good money after bad.
has anyone on here ever had a success story with these types of boats?

20K you are generous , i would say 10K ,and you don't know how much it will end ,also you still have a damaged boat , to me worth nothing ,who will buy it ?