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Sunk boats, replace all wiring and systems?

GL
Garrett Lambert
Mon, May 29, 2006 11:13 PM

I think I know the boat you describe. It sunk in Alaska, the insurance company
wrote it off, and it was then purchased and refurbished in Washington.

The price is a good indicator that something is seriously wrong, since it's
well below other boats of that marque and age. A purchaser had a contract on
the boat in mid-April, but backed out. I'm guessing that at that point, either
the survey uncovered the truth, or the broker realized his potential liability
for failure to disclose and fessed up. (If I had paid for the survey, I'd
certainly have demanded/sued for reimbursement for all expenses.)  Certainly,
when I called to inquire after seeing it come back on the market, he did
indicate that it was a sinker that had been "professionally" rehabilitated.
However, only when I specifically asked did he say that wiring was not/not
replaced.

I then consulted several professionals who know this boat and its history, and
their advice was that at the very least, it would develop increasingly severe
electrical "issues" over time. As per my introductory post, I moved on and
made a better deal.

Cheers, Garrett

I think I know the boat you describe. It sunk in Alaska, the insurance company wrote it off, and it was then purchased and refurbished in Washington. The price is a good indicator that something is seriously wrong, since it's well below other boats of that marque and age. A purchaser had a contract on the boat in mid-April, but backed out. I'm guessing that at that point, either the survey uncovered the truth, or the broker realized his potential liability for failure to disclose and fessed up. (If I had paid for the survey, I'd certainly have demanded/sued for reimbursement for all expenses.) Certainly, when I called to inquire after seeing it come back on the market, he did indicate that it was a sinker that had been "professionally" rehabilitated. However, only when I specifically asked did he say that wiring was not/not replaced. I then consulted several professionals who know this boat and its history, and their advice was that at the very least, it would develop increasingly severe electrical "issues" over time. As per my introductory post, I moved on and made a better deal. Cheers, Garrett