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Salvage Boats

BA
Bob Austin
Sun, Nov 14, 2004 3:27 AM

If you have the time, the tools and the knowlege to restore the 55' Flemming,
you could make a nice project out of it.  How much is your time worth?

There is a 55 foot Fleming for sale at $125,000 currently:
http://www.yachtworld.com/core/listing/pl_boat_detail.jsp?currency=USD&units=
Feet&checked_boats=1289679&slim=quick&

Look and see what it will take:  All of the interior veneer woods will have to
be redone. All wiring will have to be redone.  All interior decorations,
probably floors and perhaps bulkheads will be saturated with moisture and
removed and redone.  All machinery will have to be redone.  The hull has been
breached in at least two places, and the deck house and roof has been
compromised.

Remember what the wood in Bob's boat looks like?  Well a sinking will do this
to the entire interior of this boat.  Don't assume than any of the electronics
are there or usable.  Don't assume that any appliances will work.

Will you make a one million dollar boat out of this?  I don't think so
without a lot of work. The majority of these type of projects never get
completed.

When I built the 38 foot boat, my wife and I had over 3000 hours into the
project on completion.  I am sure that the Fleming 55 will require far more
than that--and a lot more dollars for material.

In July I almost purchased a Symbol 51 on an auction.  Illness in the family
fortunately stoped me.  It sold for $61,000.  It had a small fire. All of the
interior damage removal had been done.  I estimated it would take about
$40,000 to repair it.  I knew that the engines, genset, systems and
electronics were fine--except the sterio which had caused the fire. The boat
was in a condition where it could be moved on its own bottom for several
hundred miles.    I had skilled labor available at $10 an hour.  That would
have been a doable project.  New headliner, some minor woodwork, minor wiring,
clean up, and new upholustry.  The boat also would be painted.  That was all
that was necessary to make it functional. Yet I estimated it would take at
least a year.

So....there are a lot of great projects waiting out there!

Regards,

Bob Austin

If you have the time, the tools and the knowlege to restore the 55' Flemming, you could make a nice project out of it. How much is your time worth? There is a 55 foot Fleming for sale at $125,000 currently: http://www.yachtworld.com/core/listing/pl_boat_detail.jsp?currency=USD&units= Feet&checked_boats=1289679&slim=quick& Look and see what it will take: All of the interior veneer woods will have to be redone. All wiring will have to be redone. All interior decorations, probably floors and perhaps bulkheads will be saturated with moisture and removed and redone. All machinery will have to be redone. The hull has been breached in at least two places, and the deck house and roof has been compromised. Remember what the wood in Bob's boat looks like? Well a sinking will do this to the entire interior of this boat. Don't assume than any of the electronics are there or usable. Don't assume that any appliances will work. Will you make a one million dollar boat out of this? I don't think so without a lot of work. The majority of these type of projects never get completed. When I built the 38 foot boat, my wife and I had over 3000 hours into the project on completion. I am sure that the Fleming 55 will require far more than that--and a lot more dollars for material. In July I almost purchased a Symbol 51 on an auction. Illness in the family fortunately stoped me. It sold for $61,000. It had a small fire. All of the interior damage removal had been done. I estimated it would take about $40,000 to repair it. I knew that the engines, genset, systems and electronics were fine--except the sterio which had caused the fire. The boat was in a condition where it could be moved on its own bottom for several hundred miles. I had skilled labor available at $10 an hour. That would have been a doable project. New headliner, some minor woodwork, minor wiring, clean up, and new upholustry. The boat also would be painted. That was all that was necessary to make it functional. Yet I estimated it would take at least a year. So....there are a lot of great projects waiting out there! Regards, Bob Austin
BC
Bob Clinkenbeard
Sun, Nov 14, 2004 3:45 AM

I completely restored a partially sunken Chris Craft Roamer 35' a while
back.  The salt water came to about mid engines and neither were pickled.  I
got the boat in from Sarasota to Atlanta in about two weeks after the
submersion and was able to save the old flathead MCL's and trans.  All of
the wiring had to be replaced even though only part of it sunken.  All of
the upholstery and interior was covered with a coating of oil and anything
that would absorb...did.  Had to cut up flooring to get access to all of the
inner hull to clean and repaint...steel hull.  On and on and on...What a
mess.  I finished it in a year and a half, cost $35,000 and the boat was
worth $15,000.  It was beautiful when finished.  Boy was that fun!

Bob Clinkenbeard
Custom 41' Trawler
"Bobbin Along"
http://www.dreamwater.org/captainbob/

----- Original Message -----
From: "Bob Austin" thataway4@cox.net

Look and see what it will take:  All of the interior veneer woods will

have to

be redone. All wiring will have to be redone.  All interior decorations,
probably floors and perhaps bulkheads will be saturated with moisture and
removed and redone.  All machinery will have to be redone.  The hull has
been
breached in at least two places, and the deck house and roof has been
compromised.

Remember what the wood in Bob's boat looks like?  Well a sinking will do
this
to the entire interior of this boat.  Don't assume than any of the
electronics
are there or usable.  Don't assume that any appliances will work.

I completely restored a partially sunken Chris Craft Roamer 35' a while back. The salt water came to about mid engines and neither were pickled. I got the boat in from Sarasota to Atlanta in about two weeks after the submersion and was able to save the old flathead MCL's and trans. All of the wiring had to be replaced even though only part of it sunken. All of the upholstery and interior was covered with a coating of oil and anything that would absorb...did. Had to cut up flooring to get access to all of the inner hull to clean and repaint...steel hull. On and on and on...What a mess. I finished it in a year and a half, cost $35,000 and the boat was worth $15,000. It was beautiful when finished. Boy was that fun! Bob Clinkenbeard Custom 41' Trawler "Bobbin Along" http://www.dreamwater.org/captainbob/ ----- Original Message ----- From: "Bob Austin" <thataway4@cox.net> > Look and see what it will take: All of the interior veneer woods will have to > be redone. All wiring will have to be redone. All interior decorations, > probably floors and perhaps bulkheads will be saturated with moisture and > removed and redone. All machinery will have to be redone. The hull has > been > breached in at least two places, and the deck house and roof has been > compromised. > > Remember what the wood in Bob's boat looks like? Well a sinking will do > this > to the entire interior of this boat. Don't assume than any of the > electronics > are there or usable. Don't assume that any appliances will work.
RR
Ron Rogers
Sun, Nov 14, 2004 4:33 AM

It's very interesting and sad what can happen. She is still listing to port
for some reason. Makes you wonder if they have removed all the water. The
review attached to the listing says that the engine room is a little
cramped. That would translate into its being very difficult to do all the
work that is necessary.

It is very difficult, in my case, to redo the wiring and cut out unnecessary
wires because much of the wiring was done prior to the final assembly of the
boat. And my boat is fine and sitting in a slip.

Ron Rogers
Willard 40

It's very interesting and sad what can happen. She is still listing to port for some reason. Makes you wonder if they have removed all the water. The review attached to the listing says that the engine room is a little cramped. That would translate into its being very difficult to do all the work that is necessary. It is very difficult, in my case, to redo the wiring and cut out unnecessary wires because much of the wiring was done prior to the final assembly of the boat. And my boat is fine and sitting in a slip. Ron Rogers Willard 40