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Decision Time...Should I Buy a Boat That Has Been Salvaged?

Rebuild of a Gemini 3400 By Gary Dickinson

I

am one of those lucky ones who has been able to spend a lifetime on the water. Since my earliest memories, I have lived the adventures we read about in magazines and books. I have owned many boats over the years, both power and sail, but for decades I have dreamed of having a cruising catamaran sailboat. Up until now, that dream had been out of reach, because I could never afford one. But that never stopped me from looking. Then one day, The Gemini 3400 in the yard after the hull was scraped and cleaned up. while looking at Craigs list, I noticed an ad for a 1994 Gemini 3400 cat in Naples, Florida. The ad stated an asking price that was less than half of any other Gemini I had seen advertised. I called the number on the ad, talked to the owner and discovered why the boat was priced so low. He’d bought it at an auction and the boat had been partially sunk (it was a salvaged boat). He then related the sad story of how the boat came to be in his possession. He said that her owner had chained the boat to the city dock and left for parts unknown. After some time and nonpayment Looking forward down the companionway in the main cabin.

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of moorage, the city took possession of the boat and sold it to someone. Over time, and with no one caring for the boat, the batteries went dead. I think it was when we had over 20 inches of rain one week, and with no power to the bilge pumps, the boat started to sink. What a waste, I thought. I made plans to drive to Naples the next day with my neighbor Dave, just over 200 miles south of where I lived—on the hope that structurally the boat would be sound. The possibility that my longtime dream of owning a cat just might become a reality got me excited. In the years that I’ve lived in Florida, I have seen a lot of abandoned and salvaged boats for sale. I am sure the last hurricane season has only added to those numbers. I understand the reasons why someone might buy a salvaged boat. Some can part out the boat, which in many cases is worth several times what they paid. Others might have the time, skills and place to repair the boat, and when it is finished, they can sell it—and in www.southwindsmagazine.com

Southwinds March 2017  

A free, printed sailing magazine reporting on sailing in the southeast U.S: Florida, North Carolina, South Carolina, Georgia, Alabama, Missi...

Southwinds March 2017  

A free, printed sailing magazine reporting on sailing in the southeast U.S: Florida, North Carolina, South Carolina, Georgia, Alabama, Missi...