Buying a repo boat - The Hull Truth

THam · 11-07-2006, 12:56 PM

Just curious, would you buy a repo boat from Louisiana?? - 03 Glacier Bay 140 Suki's, had fished Venice according to GPS.- $40,000. No visible damage from hurricanes, and repo company states the same. Seems like a good deal, almost to good. Any thoughts??

Papa Bear · 11-07-2006, 12:59 PM

If you can get it surveyed give it a shot. If you can't I wouldn't do it.

marker150 · 11-07-2006, 01:51 PM

May have belonged to some poor guy who lost everything due to the hurricanes and was unable to pay for it...

Major Woods · 11-07-2006, 02:07 PM

Quote:

THam - 11/7/2006 11:56 AM
No visible damage from hurricanes, and repo company states the same.

What do you expect the repo company to say, it's there job to sell it, it's your job to find the faults.

Also may have sunk and then cleaned up to pass inspection.
I would pass on any boat from that area for the next couple of years.

Dsaltydog · 11-07-2006, 03:24 PM

Carpie Diem

THam · 11-07-2006, 05:16 PM

thanks, all points well taken

prockvoan · 11-07-2006, 07:08 PM

Yes,alot of people lost jobs here.For around $300 you can have it surveyed.If it passes,you got a great deal.Were is the boat?

fish on · 11-07-2006, 07:10 PM

Quote:

Dsaltydog - 11/7/2006 2:24 PM

Carpie Diem

Big ugly fish day?

geminiII · 11-07-2006, 07:12 PM

Salty Dog,

Don't you mean Caveat Emptor ?????????

bartman002 · 11-07-2006, 07:15 PM

What size GB is that ? I owned a 26 ft Canyon Runner with twin 140 Honda 4 strokes and dang thing couldn;t get out of its own way, had to run her at 5000 rpm's to almost get a 25 knot cruise, happy day when I sold her and she went down the road to South Carolina, lol

eddy2419 · 11-07-2006, 10:27 PM

If it passes a survey buy it. I have bought 2 repo's with no problem. A boat, even in a flood plane, usually floats. Not the same deal as buying a car from there. The last repo I bought was about 60% of retail price. The first I sold for more than I paid for it after 2 years. A buddy's Mako was pushed by Katrina's tidal surge about 200 ft into the woods, trailer and all with no damage at all.

Surfhunter · 11-08-2006, 11:40 AM

Do you get a clean title on repo boat?

ChickenNecker · 11-08-2006, 12:11 PM

Go to this site and put in the HIN. It will tell you if it was in on of the major hurricanes

https://www.nicb.org/cps/rde/xchg/SI.../hs.xsl/79.htm

THam · 11-08-2006, 12:37 PM

The boat is a 26' Canyon Runner with 140 Suzki's. The boat is curently located in Houston. My buddy is buying the boat, and asked my opinion (I own a 28' cat). I told him it sounded good, maybe a little under powered, and to get a survey. When I learn more, I will post. Thanks for the responses

TH