Sunken Boat

Goeb1133

Cadet
Joined
May 13, 2003
Messages
14
Last week, while boating on the Ohio R., I came across an interesting situation. An aquaintance of my boating buddy owns a 1996 Caravelle 21 ft. cuddy. He leaves it in the river at a local marina. About 5 weeks ago, he got a call from the marina to tell him his boat had sunk. :eek: He drove to the dock to find the local fire dept. about to pull his boat off of the bottom. It was in about 8-10' of water. :( They pulled it to the surface and damaged the engine cowl in the process. After draining and inspecting, they discovered a hole that appeared to have been chewed in the outdrive boot. The boat began to take on water and the bilge pump kept up until the battery died, then down she went. she was under water less than 2 hours, but the river was extremely muddy. (This guy is a twice a year boater)After trailering the boat, they powerwashed the carpet and the motor. Then they flushed the engine, recharged the battery, hooked it to a seperate fuel source and fired it up. It seemed to run okay. I don't know if they changed the oil or outdrive fluid. He then pulled it home, put it in his barn and contacted his ins. co. As soon as his claim is settled, he is going to sell it as is. He recently has had some severe health problems and does not want to mess with it. He has offered it first to my friend and I for $4000. :D The motor is a mercruiser 5.7 with less than 100 hours. The boat is an obvious mess. Mud, scum and mildew throughout the cockpit and the V-birth. Water probably in the gas tank. Don't know about the electrical system and am not sure if it is EFI. My question is "what would you do? and what would you look for as far as damge is concerned?" :confused: I already own a fairly new 19 ft. bowrider, but have a small case of twofootitus. I plan on looking at this boat again this weekend. The damaged engine cover could be repaired for less than $500. Besides professional interior cleaning, boot replacement, fluid changes, and exterior detailing-what else should be done? It also has a custom tandem trailer, skis, accesories, etc. Thanks for any input, Goeb
 

Solittle

Fleet Admiral
Joined
Apr 28, 2002
Messages
7,518
Re: Sunken Boat

Be very careful how this is handled if you persue it. Most insurance compalies will total the boat and want the title. They will want to dispose of it and not let the insured keep the boat. This is a way for them to cut down on fraud which unfortunately happens all too often. Make sure that every legal "T" is crossed and every legal "I" dotted. If the title is not squeeky clean you could be out $4 grand and the boat. I would also make sure that the title, when issued to you, did not have "REBUILT" or something like it as they do for cars. That would hurt the resale value substantially.<br /><br />As to the boat itself - If I saw and heard the engine run (not told by someone that it ran) I would think that it might be OK or made OK with out major work. I would think the outdrive would be OK as that is a sealed unit. I would assume that ALL of the wiring is shot (and hope for the best).
 

CCrew

Chief Petty Officer
Joined
Sep 10, 2003
Messages
416
Re: Sunken Boat

If the Ins company totals it, it may be listed in the insurance company databases as such. That can make it difficult to insure it again if that happens. Even if you can get insurance, a future claim may be difficult. <br /><br />Personally, I wouldn't want it, unless it were a "gimme" but your mileage may vary. I'd agree with SoLittle, make sure all the T's are crossed and I's dotted before any money changes hands.
 

Northern Eclipse

Senior Chief Petty Officer
Joined
Jun 24, 2003
Messages
665
Re: Sunken Boat

The engine/outdrive/electrical are all easy fixes the concern for me would be if water got passed the inner sole of the boat, and is now trapped beneath the floor and unable to drain, at the least I would drill out a few holes with a hole-saw and see if there is any wet foam, providing you would be able to obtain this boat.
 

Goeb1133

Cadet
Joined
May 13, 2003
Messages
14
Re: Sunken Boat

Thanks for the info. The latest is that the ins. co. will not total the boat. They are probably going to compensate the owner for some cleaning and damages. He is going to keep anything that they pay out and still sell the boat "as is". I'm heading down to look it over this weekend. Thanks again, Goeb
 
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