Miami SALVAGE Auction | Money To Be Made? 76' Sportfish (Full Tour)
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- čas přidán 31. 01. 2024
- This TORCHED 76' Sportfish Caught Fire is it still worth repairing?
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If a deep pocketed insurance company AND its team of bean counters determined it’s cheaper to pay the value of the boat to the insured you can rest easy knowing that even if you were to get that boat at the starting bid of 100k, it’s still not worth it. The best you can hope to do is salvage the sea keeper (70k maybe) engines (50-70k with no controls or wiring) maybe the fuel tank (?????) generator, AC units (20k on a good day). Now you might do the quick math and say “hey I paid 100k and doubled my money, but you didn’t. You have to factor in your time and effort extracting those components, transport of the vessel, and then getting rid of the rest of it. Then on top of that you need an avenue to get the salvaged good off your hands. This stuff sitting around while you wait for a buyer is costing you money. Really a project like this is best suited for someone either building a boat or repowering a commercial vessel or something like that.
Well said
Agreed. It will never be a “Viking 76” again…or even close. The major components…engines, generators, seakeeper have residual salvage value..but come with substantial recovery cost…along with the logistics/disposal costs of 70 tons of fiberglass and wood.
Pfffffff, that’ll buff right out.
That's assuming that the engine room didn't take on water during the firefighting process. It is likely that the boat sank, and was parbuckled after the firefighting effort. That would render the mechanicals nearly worthless.
I can fix it, my old man has an awesome set of tools.
Run don’t walk but run. Far away
I'm a boat restoration specialist I say two mil if not more labor cost to build it is about $25 to 35 an hour hiring a boat yard to repair it $150 to 250 an hour and the cost of materials is high Now you have a boat with a salvage title but ill give you a dollar for it just so I can say I owned a 2012 Viking 76 sport fish
Dear God Brian! Runnnnnn!
I'd be scared of getting sick from all the chemicals and hazardous materials. No way!
I don't know, 100k+, than another 2-300k to restore in some sort of capacity, but that smells never leaving!!! Its just too much, you can't do bare minimum to a boat like that!! Anything fixable tho! Never say can't, I always say!!!
I worked on a rebuild fire boat and I was always aware of burned smell and soot was hiding in ever nook and cranny
Seen the Viking in person. Not too bad, totally savable. Wish I had the capital to bring it back. Any buyers wanting to restore it, hit me up!
White elephant if you ask me, no way to come out ahead unless you are the salvage yard and get it for 0$, and then, still a pain.
There is nothing more expensive than a free boat… not even a free hot tub
And old horses! I've had them all offered to me, for free. Hot tubs are sellable but you have to move them. Boats you need storage and most are not easy to sell. Even in workable condition. Horses I've never been foolish enough to say yes to.
I fall in love with animals too easy! To each his own....
My legs would snap off at the hips from running away so fast...
Project boat for you Brian!
Can we dock at your place lol?
200k and you could have an awesome boat. do the work yourself, it doesn't have to look like it did when it was brand new, just solid and reliable. I did my boat like that and don't care if people don't like the aesthetics, it runs and floats.
Thats what I was thinking. My biggest problem would be the beam and draft at my dock. And the getting her back home part.
That's going to take a lot more than 200k. That money adds up fast
@@user-zl1bh2gk1b Exactly. That's going to take $1mm minimum to get it seaworthy.
Yeah, that's around 1m for just rewire and electronics.@@user-zl1bh2gk1bengines looked good mechanically so thats over 500k in parts or if good enough close to 1m pair sale value.
So... Contrary to what the comments say, for the right person, this could be a real money maker. You need a place to dry-dock it. You need a crew of 3-5 talented individuals. You need roughly a million dollars. And, you'll need about 6 months. There are folks out there that have businesses already set up and configured to do just that, complete with the right tools, talent, and contacts. The key would be to make darn sure that hull is sound and that the engines can be repaired, not replaced. Fire damage is salvageable. Rot and mold is where you lose big time. So, you look to see if the Hull is reparable and if the engines don't have to be replaced and a low entry price compared to what the saleable price is. If I still had the things listed above, I'd be ready to take a shot at it. But, this is certainly not something that you take on as a part-time job. This is a business project. By the way, that looks like a Seekeeper 18, which runs for about $180K... So, that right there could help you turn it around quickly, if the goal is to just buy it for scrap.
Thanks for the thoughtful comment
200k isn’t remotely close to restore the boat even to non running condition. The smoke residue may be toxic due to the multitude of different materials used. You should consider using proper PPE while in contact with a vessel such as this one. Getting insurance for it might be a problem.
That should buff out
50K if it can leave under it's own power with a day or two work, Otherwise I wouldn't take it for free.
This is some 20-30 something's project . 10-15 years of work and about 350K It'd be a pretty cool classic Sportfish.
(the seakeeper is worth more than the rest of it. But not to me)
That thing had excessive heat everywhere. Whomever was paid to do that job, did it well.
It all depends how willing Viking is to provide access to their molds. A company like Metan could easily pull this off if they could produce sub-assemblies from the original molds. Viking is a fantastic builder.
You would probably have to gut it and grind every little bit of charred fiberglass.Down to fresh fiberglass and possibly have to seal all the interior fiberglass with gel coat.After scuffing the fiberglass up and sealing it with resin or gel coat . And maybe no more eye burning Smells ❤
Too bad there isnt another identical boat that was damaged in another way, make two boats from one.
A boat that size would require a seakeeper 14 or 18 and the 14 starts at $149,000. That boat could be parted out at a profit. The propulsion engines and the seakeeper could be worth up to $300,000
I fit wasn’t so big I’d try it
@@CharlotteHarborFishermanWas that boat unoccupied when it caught fire? I added a firefighting pump system to my boat that allows me to use sea water or bilge water so the water being sprayed can be recycled so the boat doesn't take on too much water.
@@DarrelJones-fh2wx Im not sure but that sounds like a good idea
For what it would cost to repair,you could buy a decent boat 2nd hand.or new.personally I’d just scrap it.
Anything’s fixable. But I’d just tally up what the engines, sea keeper etc is worth then bid that price. The shell will take months of work.
76’ center console
I have to know when to call it quits. That boat will never be right again. It is sad
I wouldn't touch that boat with someone else money lol sometimes we just need too let things GO!!! It's gonna cost at least 2-3 million to get things right !and u can buy one for around 4 million.
Only worth what the engines, seakeeper, generators and running gear are valued at
Take the bit off the bow……go to boat builder and put the bit on a new boat and call it fixed. Run run run run run
Be good to maybe sink for coral. Not sure if all that fiberglass is safe for sea life even.
awh tha'll buff out
How much for the interior not necessarily turning into us is there any money to be made on this back to the calmer Waters charlotte harbour corporate things like this I am looking for boats as well to possibly fix up and sell it looks like there might be too much work here for my capability fire damage but I really looked at but I'm gonna be adding more stuff like this interesting stuff nice quotes and I hope you guys come along permission
100 grand????? There’s nothing about that boat that’s worth the money they are asking the engines make might be worth some money but the fire damaged the whole boat you’d have to strip that boat down and practically rebuild the entire boat
Forget it is not worth saving-it’s write of for good reason it maybe only generator and ship’s engine and running gear is worth something?
Don't waste your time and $$$. Good CZcams content, that's all.
Betty k lines. That boat carries freight to nassau bahamas
You got over a half mill in engines there easy.😎😎
Half a million easy but could be done
Too much work. I think it would take a couple million to get it looking close to what it was. Keeping in mind the title will forever be tarnished as a "salvage" so even if you get it looking and running "perfect" the vessel will never have the value it should if it didn't burn. Don't assume the engines and gen sets are good either. When this thing was on fire it probably had so much water dumped on it that the vessel was probably close to sinking. I would bet the engine room was flooded by the time the fire was out. I have seen similar size boats on fire they all nearly sink from the fire water. If there was no fire or water damage in the engine room I would feel more confident. Yes I'm a life long boater from Miami. I don't have much experience with boats of this size, but a boat is a boat, the size only increases the cost of things. With regards to the smell. I live on the water in Dania just west of the Director ship yard. There were two 50' sailboats on fire in the canal and I could smell the burning fiberglass from my house a mile up the canal. The smell stuck in my nose for days. Oh and...both sailboats sank by the time the fires were out. You can find videos, search "Dania Beach sailboat fire"
😎✌️👍
4 million bucks and no sails. 😿
One huge liability.
RUN FORREST RUN!!!!🤣
Turn it into a center console
Names Forest! Forest Gumppppp. "That's my boat"! JK
The Mrs Jenny
Hell nooo!!!!
tow it offshore and sink it fish will love it
Why not buy the titanic and salvage it for the iron??? and you could rebuild that titan sub, cheap! To help you get a line on it!
That's crazy, That thing is huge
I donno Bro suppose you could salvage the Equipment, or fix it up, Out of my league I'm afraid 😳
Me too
Looks more like fire spread from boat next to it from the damage.
😮😲🥺☹️
Each engine and gear is worth 80k or so, 10k each for props... that boat will be parted out.
if you can buy it for under 100k part it out cut the hull up lot of time work and money to bring it back not a money maker
What possesses people to think that a boat that has been totaled by the insurance company is worth BUYING! Totaled means it is more expensive to fix than it coukd be worth, i. e. It has NO VALUE.
Sad
scrap it cost more to fix it
There does not look like more than a few hundred dollars of salvage parts . The engines alone look practically worthless, assuming the burnt parts can still be replaced - Then the thing would need to scrapped and that costs big bucks. Refurbishment is a big NO NO!!
And we don't even know if the engine compartment was submerged during the firefighting and salvage effort.
They would have to pay me to take that.
Scrap it
238,000 new from sea keeper you could make money parting it out
Dang. Ya I hear the boat scrapping business is pretty good if you have the equipment and the yard.
Yeah, but who is going to even want to buy a fire damaged sea keeper? Who adds one of those to their yacht when it wasn't factory equipped?
good point @@briansmyla8696
is this boat still available?
Where can I find it?
I think it’s sold
it looks to have sunk killing the engines gen etc off
You take that to a yacht yard and probably will build you a brand new yacht for cheaper than they can fix that one🥴
Only thing worth the money is the engines
Cut it up and do the best you can on selling off the bits and pieces.
Where can I find savage or auction boat?
Check cooper capital
@@CharlotteHarborFisherman I have been watching the channel. But I was asking you personally. How do you find auction boats to buy? Thank you.
@@derickwood4 Ive never bought one myself but I check Cooper capital and another is national liquidators or Tampa machine auction when I want a boat for myself I check Craigslist and Facebook Marketplace. Thanks for watching.
Not worth fixing up. Buy for salvage of its parts.
RUN FOREST RUNNNNNNNNNNN !!!!!!!! EVEN IF YOU GOT PAID A 100 K TO TAKE IT AWAY, ITS A 5 MILL REFIT
Oh hell no
300 000 just in glass paint
350-400k and its worth over 2 mil
NFW
Swim away as fast as you can.
No money in it..anybody that could afford it won’t want a boat with Fire history....better to scrap it for what you can get and move on....
150000 fix it and sell for 2 mill
We can dream right
Pass........ pass.........pass..... It'll cost ya far more than it's worth
Too far gone run the parts won’t cover the investment
tow it to an island like haiti and hire cheap labor to take it all apert....cut it up to remove the good gear...sell off the parts on ebay
How much to get that looking like herself again? 😧
1.5 million
Gut it, then sell it to the cartel.
Scrap. Owners need to pay you to take it away
thumbs down too many commercials...etc
thanks I didn't know I don't set the commercials
Viking is not a good boat
Your right probably closer to a Great boat
junk
Ya ok all garbage
I’m looking for a project
Total write-off