Miami SALVAGE Auction | Money To Be Made? 76' Sportfish (Full Tour)

Published 2024-02-01

All Comments (21)
  • @jamesranker6275
    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.
  • 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!
  • @FREEDOM195844
    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!!!
  • @restoguy1156
    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
  • @raymondbrown940
    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 $180K... So, that right there could help you turn it around quickly, if the goal is to just buy it for scrap.
  • 200k and you could have an awesome boat. do the work yourself, it doesn't have to look like it did when it was brand new, just solid and reliable. I did my boat like that and don't care if people don't like the aesthetics, it runs and floats.
  • @Automated14
    There is nothing more expensive than a free boat… not even a free hot tub
  • @scottmaytham3578
    You would probably have to gut it and grind every little bit of charred fiberglass.Down to fresh fiberglass and possibly have to seal all the interior fiberglass with gel coat.After scuffing the fiberglass up and sealing it with resin or gel coat . And maybe no more eye burning Smells ❤
  • @jamesp13152
    My legs would snap off at the hips from running away so fast...
  • White elephant if you ask me, no way to come out ahead unless you are the salvage yard and get it for 0$, and then, still a pain.
  • @gboy1298
    Be good to maybe sink for coral. Not sure if all that fiberglass is safe for sea life even.
  • 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
  • @rogerroger7734
    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
  • @kevinhickson8099
    For what it would cost to repair,you could buy a decent boat 2nd hand.or new.personally I’d just scrap it.