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  1. #1
    Join Date
    Aug 2013
    Posts
    5

    Default Buying 2008 LSV w/ Hull Repair

    Hey - I'm looking at an LSV that needs the hull repaired (work to be done by a Moomba dealer). The repair estimate is $4-5k which would be paid by the seller. Would you guys still consider buying a boat that's had the hull repaired (hit something around the fins on the bottom)? If so, what kind of discount should this be?

    thx!

    -Lee

  2. #2
    Join Date
    Sep 2011
    Location
    Orlando
    Posts
    38

    Default

    I would establish the market value of similar boats that don't need repair. I would get 2 estimates and choose the higher of the 2. I would want a written detailed work order. It should include all the repairs necessary to bring the boat back to whole. I would deduct the repair . I would then expect a substantial discount for purchasing something you can't water test. If it was me I would have to get another $5,000to $6,000 off. Just remember you are taking the risk. I would expect to get a smokin deal or it's just not worth it. Remember you are taking a huge burden off the seller, because if they were in a position to repair the boat they would of and should of before selling. I would also be a little concerned if the v drive had any damage. If I could not hear the engine run I would not even consider purchasing. Just my opinion.

  3. #3
    Join Date
    Aug 2011
    Posts
    955

    Default Re: Buying 2008 LSV w/ Hull Repair

    Sure, if the price is right, no one is going to touch it unless they know how to fix boats. Have you seen the damaged area?

    Take it to an independent dealer and get an estimate, then double it subtract that from what the boat is worth, do not use Nada or other price guides, or only inboards cuz those are dealer prices. Use claz and craigslist and do the research.. I'm guessing since the repair hasnt been done the seller doesn't have the money to fix it so that gives you more leverage on lowering the price..

    If your lucky you can find someone that does hull work cheaper than the dealer and you may break even.. Remember when you resell it your not going to get top dollar unless the repair is perfect and you forget to mention it..



    Sent from my Nexus 5 using Tapatalk
    2002 Moomba Mobius LSV - Sold
    2006 Moomba Mobius LSV

  4. #4
    Join Date
    Sep 2011
    Location
    Orlando
    Posts
    38

    Default

    Now you have me curious how much are they asking for it? Also how many hours, condition and options?

  5. #5
    Join Date
    Jun 2008
    Location
    De Pere WI
    Posts
    4,104

    Default

    interesting issue.

    guessing there's a LOT more to this story than is being posted or known on the sellers end.
    '06 Supra Launch 20SSV-gone but never forgotten

  6. #6
    Join Date
    Aug 2013
    Posts
    5

    Default

    The longer story is I found it on craigslist and have paid a Moomba dealer to do a survey (which will include a lake test.) They found the damage in the survey and would be the ones to do the repair. I have yet to call the seller back. My terms would be it gets fixed by the dealer doing the survey. Everything else on the boat is in good condition (mechanical, cosmetic, etc.)

    Assuming the Moomba dealer does the repair, 10% less than a boat that hasn't been repaired, 20% or more? thx

  7. #7
    Join Date
    Jun 2009
    Location
    South West Colorado
    Posts
    344

    Default Buying 2008 LSV w/ Hull Repair

    So, the seller did not disclose the damage to you? That is sketchy and shows true character. I would beware. My 2 cents...
    '08 Mobius LSV, Mods- 1100 lb Rear Sacs, IBS Sac, Center 400 Sac, Dedicated thru-hull intakes and pumps per sac, SeaDek One Piece Mica over Black Roo, EZ Net Cargo Nets, Swivel Drivers Seat, Hot Water Shower, Hinged Wind Block, Bow Cushion Adapter Plate for Drink Holders Access, etc, etc.

  8. #8
    Join Date
    Nov 2003
    Location
    Land O Lakes, Florida
    Posts
    5,827

    Default

    im not sure I would really want it knowing it was damaged, even being professionally repaired. tough call
    Hey, Its Moomba time

    13 Mobius LSV
    08 Mobius LSV-sold
    03 Mobius LSV-sold

  9. #9
    Join Date
    Jan 2008
    Location
    Tallahassee, FL
    Posts
    11,084

    Default

    If the dealer doing the repair is local to you and will warranty the work, no problem. Boats get fixed all the time. But if they are too far away or won't warranty, then maybe no, huh?
    My Mom said I'm not allowed to get wet!
    2008 LSV
    2000 Outback LS (sold)
    Exile Tunes
    PWI
    LLTR!!!!!!!!



  10. #10
    Join Date
    Mar 2003
    Location
    s.e. washington state
    Posts
    2,065

    Default

    I would never buy anything except a home with conditions where certain things need to be done first. Discount the price of repairs and any other issues and take it home "as is". If the seller wants to do the repairs first then let him and then re-evaluate as you may still want to walk away from it.
    1998 Mobius
    310 HP PCM

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