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Started By
Message
Selling Flooded Boat
Posted on 7/8/20 at 7:56 am
Posted on 7/8/20 at 7:56 am
My 2008 Blazer Bay 2170 with 2 stroke Yamaha 150 suffered a total loss due to flood per the insurance company. It was completely submerged and has hull damage. They have offered me salvage. Would it be worth it to try and keep it and sell it “as is where is”? How much would someone be willing to pay for something like this? Is $5000 reasonable?
Edit: Hull damage includes scratches/gouges due to scraping fixed objects/floating debris impact. Engine was completely submerged in fresh water but ran fine before the event.
Edit: Hull damage includes scratches/gouges due to scraping fixed objects/floating debris impact. Engine was completely submerged in fresh water but ran fine before the event.
This post was edited on 7/8/20 at 9:11 am
Posted on 7/8/20 at 7:58 am to stayathomedad
You would need to give more information on the "hull damage" and the condition of the motor.
Posted on 7/8/20 at 9:19 am to stayathomedad
Is this the one that sank around Fort Pike?
Posted on 7/8/20 at 11:07 am to stayathomedad
Did you get the water out of the engine quickly and oil up the cylinders? I'm sure the electrical components on the engine are toast but some of the rest of the engine could be salvaged if it wasn't allowed to rust up. Can you turn the crank still?
Posted on 7/8/20 at 11:21 am to GoAwayImBaitn
Boat was trailered under my raised house, floated until it jammed up against the back deck and was submerged. Floated back onto the trailer. I haven’t touched it except to clean out all of the personal property.
Posted on 7/8/20 at 12:10 pm to stayathomedad
quote:Yeah, that motor is fricked.
I haven’t touched it except to clean out all of the personal property.
Should have drained and oiled it bro.
Posted on 7/8/20 at 12:15 pm to stayathomedad
post it on facebook marketplace with lots of pictures and a brief but detailed account of what happened to it. post it without a price as best offer received after 7 days gets it
the boat damage is the biggest factor, the boat and motor needs complete rewiring and a new ECM computer but its definitely salvageable if bought for the right price
TBH i wouldnt get hopes up for more then $1500-$2000 for it. its not that its not worth more, its that a lot of work any money needs to be put into it and people arent willing to do that AND pay fair value, they will however do it if its cheap enough to buy
think of it as you are selling the trailer and motor and the boat is free
the boat damage is the biggest factor, the boat and motor needs complete rewiring and a new ECM computer but its definitely salvageable if bought for the right price
TBH i wouldnt get hopes up for more then $1500-$2000 for it. its not that its not worth more, its that a lot of work any money needs to be put into it and people arent willing to do that AND pay fair value, they will however do it if its cheap enough to buy
think of it as you are selling the trailer and motor and the boat is free
This post was edited on 7/8/20 at 12:17 pm
Posted on 7/8/20 at 12:20 pm to stayathomedad
quote:
My 2008 Blazer Bay 2170 with 2 stroke Yamaha 150 suffered a total loss due to flood per the insurance company. It was completely submerged and has hull damage. They have offered me salvage. Would it be worth it to try and keep it and sell it “as is where is”? How much would someone be willing to pay for something like this? Is $5000 reasonable? Edit: Hull damage includes scratches/gouges due to scraping fixed objects/floating debris impact. Engine was completely submerged in fresh water but ran fine before the event.
I would think itd be entirely possible to buy a 12 year old bay boat with no engine for less than $5k and get a title which wasn't questionable....but that's just me. If the buyer could get it registered it is probably well worth $5K because the hull is probably merely cosmetically damaged....structurally it should be fine. The engine is most likely beyond repair but replacing the powerhead might work??? A 2 stroke Yammy 150 ought to be replaceable for around $3000 that's 12 years old....
Posted on 7/8/20 at 12:24 pm to stayathomedad
Sorry you lost all your firearms in this boating incident 
Posted on 7/8/20 at 1:11 pm to stayathomedad
Did the Water go over the deck?
Maybe the power head wasn’t submerged if it was jammed under the deck?
Sounds like the the trailer floated up with the boat instead of settling back on after the flood. If the boat was attached to trailer of course.
Good luck. Floods suck.
Maybe the power head wasn’t submerged if it was jammed under the deck?
Sounds like the the trailer floated up with the boat instead of settling back on after the flood. If the boat was attached to trailer of course.
Good luck. Floods suck.
Posted on 7/8/20 at 2:49 pm to Gtmodawg
quote:
because the hull is probably merely cosmetically damaged....structurally it should be fine.
there is no way to know this, it was bobbing around banging on shite trapped up under the camp so it was beat to shite by the poles it was getting slammed against.
could the boat be fine and just cosmetic damage? sure but the odds of this are small. im in no way saying the boat is trashed, just that there could and most likely is some structural damage to it that needs fixing
This post was edited on 7/8/20 at 2:51 pm
Posted on 7/8/20 at 3:28 pm to keakar
Thanks for the replies guys. I figured it wouldn’t be worth keeping for salvage but was hoping:
1. It could live on and someone else could enjoy it as much as I did
2. I could recoup more money to make the insurance settlement more palatable.
Motor was completely submerged. No wave action per se as the water was relatively calm. I doubt there is structural damage to the hull but I’m not a marine surveyor. I guess I’ll let the insurance company take it. Maybe it’ll go to auction somewhere and not the dump. Gonna miss all those guns I was storing on it too!
1. It could live on and someone else could enjoy it as much as I did
2. I could recoup more money to make the insurance settlement more palatable.
Motor was completely submerged. No wave action per se as the water was relatively calm. I doubt there is structural damage to the hull but I’m not a marine surveyor. I guess I’ll let the insurance company take it. Maybe it’ll go to auction somewhere and not the dump. Gonna miss all those guns I was storing on it too!
Posted on 7/8/20 at 3:33 pm to stayathomedad
Does the boat need to be re-wired? Do Pumps, speakers, devices etc. Need to be changed out? How long underwater?
Posted on 7/8/20 at 4:27 pm to keakar
quote:
there is no way to know this, it was bobbing around banging on shite trapped up under the camp so it was beat to shite by the poles it was getting slammed against. could the boat be fine and just cosmetic damage? sure but the odds of this are small. im in no way saying the boat is trashed, just that there could and most likely is some structural damage to it that needs fixing
Outside of a visual inspection from someone who knows what they are doing you are correct...and even with that it could easily be missed....but a new, similar hull is what, $20K? Probably much more...a 12 year old model with power is probably worth $30K, especially in this market...a new one with power is probably $50K....were I in the market for one in the area and knew it had gone through what it had gone through I would give it some consideration...and if there wasn't any visible structural damage, and the trailer was in good shape, and the engine would turn over and wasn't obviously already seized up, I wouldn't be afraid to roll the dice, especially at say $3500....asking price is always just a jumping off point LOL.
I haven't got any experience with the brand but I think it is a pretty well built hull....if that is true it probably ain't hurt....
Posted on 7/8/20 at 4:43 pm to stayathomedad
I would be more concerned about being able to register it than I would be concerned with anything else. It wouldn't be a problem in Georgia most likely as it is extremely easy to register a hull in Georgia but with computer databases it is infinitely more difficult even in Georgia...when the insurance company salvages it the cost to get some sort of registration may be excessive or it may even be impossible. I'd make sure it could still be registered with nothing more than maybe an affidavit from the insurance company that it was not reported stolen and was merely a total loss for insurance purposes. It would probably also require something from a Sherriff's office / DNR / DMV that it had never been reported stolen...but if that is all it is pretty simple. process. Depending on how much work is needed, in Georgia at least, it is possible to turn a factory hull with a factory hull number into a home made hull with a state assigned hull number (the hull ID number, not the registration numbers). It may require receipts for material / an accounting for costs of some sort but it used to merely require your signature on an affidavit that that you have rebuilt the hull "to a substantial" degree and as far as you know the hull is not stolen and you were golden....lots of boats stolen around the south and registered clean in Georgia...there used to be a used dealer on Lake Lanier with THOUSANDS of boats, from jet skis and jon boats to 1/2 a million $ houseboats that had been registered in just this manner. If the hull couldn't be registered the trailers and engines could with NO problem....you could buy a used trailer or engine from that guy for pennies on the dollar.….but with nationwide data bases its much harder today. This was no fly by night shyster either...the place had a palatial showroom and they were dealers for brands like Searay and Ranger and LazyDays...had in house financing and sold thousands of boats every year.
Posted on 7/8/20 at 4:51 pm to stayathomedad
quote:
Thanks for the replies guys. I figured it wouldn’t be worth keeping for salvage but was hoping:
If they would allow you to keep it and will pay the same loss either way I'd keep it....someone may have a title / registration for a similar hull (it doesn't have to be identical or even the same brand) which is in really bad shape and could simply pretend the hulls were the same. I bought a Hyundai Accent with less than 3000 miles on it once for $750 because my niece had the same car with 90K on it that needed a transmission...we were going to swap the transmissions and sell it to a junk yard but we put a battery in it, it fired right up, swapped the tags and BOOM brand new Hyundai Accent....the new one had been abandoned at a buddies trailer park and he had called the Clarke County Sheriff's department about it several times to get them to get it off the place and they couldn't or wouldn't do it because it was not reported stolen and it was on private property and therefore not their problem. It was GREEN with mold sitting under the pines for 3 years when I bought it....my niece put about 200K on it before it went tits up and found its way to a salvage yard. I am sure there were many laws at least pushed to the limit but no one ever reported a crime so did one really happen? If you ain't ticketed for speeding did you break the law???
This post was edited on 7/8/20 at 4:55 pm
Posted on 7/8/20 at 4:57 pm to stayathomedad
quote:
Edit: Hull damage includes scratches/gouges due to scraping fixed objects/floating debris impact. Engine was completely submerged in fresh water but ran fine before the event.
Posted on 7/8/20 at 5:04 pm to stayathomedad
quote:
Edit: Hull damage includes scratches/gouges due to scraping fixed objects/floating debris impact. Engine was completely submerged in fresh water but ran fine before the event.
If it was submerged in fresh water the engine is probably fine. I shipped a 70 HP 2 stroke Evinrude with my household goods when I returned stateside that had been submerged in Guantanamo Bay for 3 days after Hurricane Sandy before I recovered it....the saline content in the bay was lower than normal due to the amount of rain but it would still be comparable to anything on the gulf coast anytime of the year...there were still kingfish in the bay so the water wasn't that fresh. I paid $150 for that motor, used it on my offshore boat (a 20 foot center console) for nearly 3 years, brought it home for free on the Department of Defense's dime, spent $500 on parts and maybe 8 hours of my time and sold it to a buddy for $1500 who is still using it on his pontoon boat...runs like a champ. Outboards are TOUGH....and easy to work on and parts are cheap if you don't buy them from a dealer.
Posted on 7/8/20 at 6:03 pm to Gtmodawg
Had a yamaha 1.8 supercharged sit at the bottom of the lake for a few months.
Flushed it. Soaked it. Ran it.
Didn't feel right selling it immediately, kept it/ran it for three years then sold it
It ran better than new.
Flushed it. Soaked it. Ran it.
Didn't feel right selling it immediately, kept it/ran it for three years then sold it
It ran better than new.
Posted on 7/8/20 at 6:35 pm to X123F45
quote:
Had a yamaha 1.8 supercharged sit at the bottom of the lake for a few months. Flushed it. Soaked it. Ran it. Didn't feel right selling it immediately, kept it/ran it for three years then sold it It ran better than new.
Its amazing the amount of abuse an outboard will accept...as long as it has oil and is not allowed to overheat they will run for ever...and most of them either idle for hour after hour or run WOT...there ain't much in between for most boaters LOL. I always throttle back after getting on plane (plain??) but I am a cheap bastard...I drive a car the same way, with the tach and not the speedo. Everytime I see a plume of diesel exhaust belching out of a floored pick up I cringe...damn the environment what about the wallet???
I have a 9.9 HP Evinrude that is somewhere around 50 years old. I have never done anything to it except clean the carbs and changed the plugs....it has sat for years and not used and then used unendingly hard for months and years and repeated over and over again...I bought it when I was 12 with money I won playing poker in a family game...$150 of hard earned money....best outdoors related purchase I ever made. I haven't used it in years but if it failed to crank within 3 pulls...and about 1/3 of a full pull at that, I would be shocked....as far as I know it would have been the first time ever! Its been sunk bunches of times, turned turtle on the back of a 1036 Jon Boat more times than I care to recount, left outdoors, slid around the bed of many a pickup truck, bounced, beaten, abused, loaned to people...and runs like a brand new one....will idle for days in 90 degree saltwater and never overheat.
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