$750,000 Regal Center Console TOTAL LOSS!

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  • เผยแพร่เมื่อ 6 ก.พ. 2023
  • This beautiful 2022 Regal Sank not a little bit the whole thing it is a total loss! Visually it looks like it has little damage but all the systems would need to be replaced since the salt water has already started to set in and things were starting to rust. Would you take on this project knowing it was submerged in salt water?
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ความคิดเห็น • 585

  • @WillFixThat
    @WillFixThat  ปีที่แล้ว +11

    This is a beauty .... but a total loss! The owner found his boat sitting on the bottom of the ocean! Would you buy this boat from the insurance company and rebuild it knowing that was completely submerged in salt water?🤔

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว +4

      Us too and we do this work every day! Has to be a steal of a deal!

    • @Turbotalkin
      @Turbotalkin ปีที่แล้ว +3

      How did it sink?

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว +2

      @@Turbotalkin Not really sure the story but something about the tide and the dock.

    • @wallacejeffery5786
      @wallacejeffery5786 ปีที่แล้ว +1

      Nope

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      @@wallacejeffery5786 fair enough 😁

  • @chiphill4856
    @chiphill4856 ปีที่แล้ว +20

    Great video. My biggest question is: why on earth, with all of the incredible center consoles on the market today, would anyone pay $750k for a Regal??

  • @paulthompson1216
    @paulthompson1216 ปีที่แล้ว +19

    Looks like a project boat for ‘born again boating’.

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว +3

      If insurance wants to fix this … we could do it for the owner but we wouldn’t buy it as a project!

  • @jeremygillette6843
    @jeremygillette6843 ปีที่แล้ว +13

    Building boats can add up quick. Probably looking at 120k-150k in just motors. So even if you bought it at the salvage auction you better have deep pockets.

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว +4

      Money adds up quick & so does the time! 👍

  • @rogerbayzand4455
    @rogerbayzand4455 ปีที่แล้ว +4

    Having salvaged several sunk boats I would take this on but the main problems are likely to be hidden, therefore it would have to be really cheap. So many of these production boats have areas that are virtually inaccessible without stripping out the liners, with the amount of water that has been sitting in the interior much of the internal structure is going to be stuffed, so in places you would be going back to a bare hull. Greetings from Australia, Key West is out favourite place in the USA.

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว +1

      You got awesome ideas above you’re exactly right! Without doing everything in the boat you will have gremlins later! Cheers from KWest! Thanks for sharing! We have another video coming soon just like this one 👍

  • @richielittlewood867
    @richielittlewood867 3 หลายเดือนก่อน

    Love watching what you and your team do. You are masters of your craft.
    Not an easy task.

    • @WillFixThat
      @WillFixThat  3 หลายเดือนก่อน

      Thanks for appreciating our work Richie! You’re right it’s not easy!

  • @roch145
    @roch145 ปีที่แล้ว +7

    The biggest question is - what’s the resale value if it was repaired and the fact that it was under water was disclosed? If you are buying it to repair and resell, what’s the potential profit? If it’s a slim profit, is it worth the time and effort? Someone is not doing their job (certainly at the insurance company Or possibly at the yard) if the the water in the bilge hasn’t been emptied. I don’t know if a boat this big has a drain plug , that would be simple enough to do. At least get a 12 volt pump in the bilge and empty it. And as you said a fresh water cleaning would be very helpful. All the electronics that need replacing speaks to what the down the road maintenance headaches would be in the future even if the boat hadn’t sunk. The motors and such that are required just to gain access to the stern compartment are cool in the beginning and I’m sure help to sell boats. But when you have to shell out $10k 10 years down the road as part of normal maintenance, that’s scary. Builders really need to simplify their builds. And it would seem the owner wasn’t very knowledgeable about how to tie a boat to a dock when the tide is changing. If I owned a million dollar boat I’d certainly have a bilge monitor for water with a cell connection. If I was an insurance company I’d require it as a condition of insurance.

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว +2

      Thanks for watching ….. you’ve got some great points love it! Yes simplifying things would be good but even new cars these days all electrical and complicated so normal people can’t work on their cars.

  • @goutvols103
    @goutvols103 ปีที่แล้ว +1

    Thanks for sharing. Do you have any idea on how/why the boat sank?

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      Thanks for watching…. The tide came in & boat & dock got tangled up somehow ….

  • @garynoll700
    @garynoll700 ปีที่แล้ว +1

    Like you said everything has to go. Cant imagine trying to replace it all.. possible to save the hull.

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      This one needs a lot of work did you see our trimaran video it sank too!

  • @DirtySouth33T
    @DirtySouth33T ปีที่แล้ว +2

    oh man what a nightmare, even some things you didn't touch on... like the gas tanks and how long will they last after a rebuild etc... I am sure the owner is devastated... no matter how much money you have that one has to hurt. I agree you need to replace everything I would even go as far as doing the tanks if i was doing it already

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      Might have to agree with you cause who knows how long it sat with the water in the bottom of the boat! Even if he can get a new boat he will prolly have to wait a bit with how bad some of these supply chains are for getting parts! Thanks for watching 😊

  • @MadLudwig
    @MadLudwig ปีที่แล้ว +13

    The right approach is to dismantle the entire rig. Remove the engines, hard top, and separate the hull from the deck if possible. Then rewire the entire boat. Save the upholstery for templates and send the parts off to a place like Gioia Sails in Lakewood, NJ for reconstruction. Replace all electrical and electronics, pumps, head, fridges etc. Then evaluate the engines off the hull. They may actually be rebuildable.
    Huge undertaking and probably well over $150 - 200k.

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว +6

      Thanks for sharing … your exactly right a huge undertaking if your not experienced! Engines may be Rebuildable or you can end up with constant gremlins! 🥴 our estimate was a bit more!

    • @williammaxey299
      @williammaxey299 ปีที่แล้ว

      @@WillFixThat 9

    • @tmacdizzle44
      @tmacdizzle44 ปีที่แล้ว

      Engines are bad but everything else should be ok

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      @@tmacdizzle44 the electronics probably need replacing!

  • @mikegaydos3114
    @mikegaydos3114 ปีที่แล้ว +3

    insurance cost would be the major deciding factor , next will regal sell a harness set rather than building one from scratch , all new engines and engine harnesses , and do you have a crew of at least 5 to get it done in a timely matter . rebuild cost will probably 1/2 the boats value

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      Your exactly right Mike .....

  • @rktravels239
    @rktravels239 ปีที่แล้ว +1

    That is my dream boat. I would totally have it fixed and put 3 mercury 400 v10 on it.

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      It's a beauty .... you have a great taste! 😃

  • @richkeylor787
    @richkeylor787 ปีที่แล้ว +8

    If you got that boat for free, it would still be a money pit.

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว +2

      Yes it’s just like if your boat was hit by lightning you can have gremlins for a long time!

  • @randy8643
    @randy8643 ปีที่แล้ว +4

    $200,000 of value there and $550,000 of repairs if you can even get the parts from the factory

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว +3

      Well it’s a newer boat … just depends on availability of parts which is a problem we face everyday!

  • @scottfuller6063
    @scottfuller6063 ปีที่แล้ว +2

    Hi from Australia. I've been watching your channel a few months now. The content is really interesting and varied. Suggest changing the name to "Will Fix That Boat Repairs" as TH-cam will include you in search results that include "Boat Repairs" I hope you keep at it and wish you every success. I loved my visit to Key West 20 years ago.

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว +1

      Thanks for the tips!

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      Thanks for watching Scott …. We haven’t included boat repairs cause really it’s about Matt fixing anything! Boat repair videos are easy since it’s so much of our life at this time! But, one day maybe we won’t be doing boats… then what?
      In our business it’s always a different kind of boat and repair!

    • @scottfuller6063
      @scottfuller6063 ปีที่แล้ว

      Then perhaps name might be "Will Fix This Boat!" Needs "Boat' plus Repair or Maintenance etc to widen your TH-cam search impressions..

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      @@scottfuller6063 Scott you ROCK 😁 ugh its the second time we already changed the name. We had "we'll fit it" but then no one could find us so went to this name.

    • @sandlmv8301
      @sandlmv8301 ปีที่แล้ว

      @@WillFixThat great video, and love how you take some tips from a viewer. I subscribed because of these comments and the video combined. Look forward to watching your channel grow. Another cheers from Australia!

  • @monty496
    @monty496 ปีที่แล้ว +9

    I'd most definitely buy it. It's a great hull setup and since it's gotta be completely gutted anyways you can take advantage of that and completely spec it out to your needs and customize it to what you want it to be

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว +2

      Yes great plan … thanks for watching!

    • @nicomeier8098
      @nicomeier8098 ปีที่แล้ว +1

      My thoughts exactly. It all would depend on the selling price of course but it could be done no question.
      The engines I'm not sure though, they would need to be completely disassembled and rebuild with lots of fresh components and only if the cylinders can be refreshed. Not sure if that would be worthwhile.

    • @corail53
      @corail53 11 หลายเดือนก่อน

      With a full sink - it could have water in spots that are totally inaccessible due to the construction of these things. That would be the only thing worrying me. Those engines could be rebuilt, the ulpolstery can be cleaned up pretty well or repaired. Electronics are the biggest cost if the first issue is not a concern followed by the interior.

  • @fishheds
    @fishheds ปีที่แล้ว +1

    Were those console vents for AC, cause for 750K, that would be real nice while trolling. And would it need to be rewired if it had sank in freshwater?

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      Just vents for equipment space. If it sank in freshwater a lot could be saved!

  • @sandlmv8301
    @sandlmv8301 ปีที่แล้ว +2

    As an auto elec, I understand that there is miles of cables in this boat that needs replacing but I'd take it on and rebuild the motors myself if I got the boat under $20k. It's the instruments and the cable that will be the most expensive part but I'd think there's a decent boat to be had here for someone in the know. I think the motors will be ok after a rebuild, providing they weren't running when it went under. Obviously not worth you guys taking on because you probably make better money than the time.put.into this is worth. But for myself, working on it as a weekend project over a year, it would be a project worth doing. Any update since filming? Hope it's had a good salt removal wash.

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว +1

      All we know is shortly after it was hauled up north! For someone in the know it could be a great project if you have the time, energy & funds!

  • @WillFixThat
    @WillFixThat  11 หลายเดือนก่อน

    YES it was found on the bottom at a marina! Yikes you sank one... a lot of work to redo that's for sure.

  • @louv4437
    @louv4437 9 หลายเดือนก่อน +1

    How did it sink? The hull seemed good?

    • @WillFixThat
      @WillFixThat  9 หลายเดือนก่อน

      Got tangled with the dock & tide was coming in.

  • @jeremygillette6843
    @jeremygillette6843 ปีที่แล้ว +1

    If you got the hull cheap it would be a nice base platform after stripping the whole boat. But I personally wouldn't rebuild what is there.

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      Agree you have to start stripping & installing new!

    • @RH-nc8uu
      @RH-nc8uu ปีที่แล้ว

      Yeah this would be awesome as keeping basically the bones
      And the Yamahas should be find for somone the rebuild... Certainly wouldn't want if I was the guy to spend $750k on a boat for s n giggles but somone who would pay 50k for a boat may love that boat redone as a simple thing... Think giant Carolina skiff not a floating Bugatti

  • @djcordes4352
    @djcordes4352 5 หลายเดือนก่อน +1

    It would nice to know what the approximate cost was to repair it on these videos.

    • @WillFixThat
      @WillFixThat  5 หลายเดือนก่อน

      Thanks for sharing about the cost! Estimated cost here was more that what insurance would pay so it was a loss!
      How long have you been watching our channel?

  • @jetlag4754
    @jetlag4754 3 หลายเดือนก่อน

    Good looking boat. Very sad that it sank.

    • @WillFixThat
      @WillFixThat  3 หลายเดือนก่อน +1

      Yes and it will have gremlins its whole life!

  • @robertbennett6697
    @robertbennett6697 ปีที่แล้ว +1

    If I asked how much it cost to fuel it up would you know why I wouldn't consider messing with it under any circumstance?

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      You saying it cost an arm and a leg? 🤣

  • @untapupkeepdraw5922
    @untapupkeepdraw5922 ปีที่แล้ว +2

    The only issue with rebuilding this boat is really the price to me. Structurally it seems ok so if I could get it incredibly cheap I think taking a shot at it would be fine. But I doubt the insurance would let it go as low as I would feel good about buying it at.

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      Yes price is important.

    • @corail53
      @corail53 11 หลายเดือนก่อน

      It fully sank and with how these boats are built, there could be a lot of water in places that you just can't get to, which can cause a lot of headaches later.

    • @WillFixThat
      @WillFixThat  11 หลายเดือนก่อน

      @@corail53 yes we call those headaches the gremlins later!

  • @marshallbrodie9974
    @marshallbrodie9974 ปีที่แล้ว +2

    If this was a simpler boat and bought at the right price , rebuilding a sunk boat can be doable. This boat though is electronics intensive and I doubt it would sell at auction cheap enough to make rebuilding it worthwhile. Even though the hull is in great shape, you would need to replace essentially everything else that is attached to the boat. Maybe $250k in materials if replacing the engines plus another $100k in labor? Would it take several months to do? Plus whatever it cost at auction and transportation costs. And then, you still will always have a salvaged sunk boat.

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว +1

      Yes your exactly right! Thanks for watching! It’s a beautiful boat …. You wouldn’t know it sank until you got to the cabin part and saw the water inside! 😮

  • @woodwardoutdoors7742
    @woodwardoutdoors7742 ปีที่แล้ว +3

    The deciding factor has absolutely got to be purchase cost. If you can be into the boat for under 75-100k and let’s say your 250-400k in after all repairs and re-powering the boat. You have a profit margin. It’s a beautiful boat. It’s a boat that will sell and if you can complete the boat in a month I see an easy 100-150k profit in the build and possibly even more with the current market on everything. At the end of the day it’s a composite hull. Everything else is replaceable. I don’t have enough experience with salvage boat titles though to give a real opinion on it. This is just me looking at it as a business owner and long time avid boater. There is no hill damage to speak of and if everything from wiring to motors gets replaced I don’t see why anyone wouldn’t be willing to buy a 750k boat for 575-650k. But again I don’t have enough experience on the subject matter to speak to it intelligently.

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว +1

      You’ve got some great points & ideas! Would prolly take a bit more time! The hull did look great it was hard to believe it sank until we got too the inside! Thanks for watching! 😁

    • @working2bselfsufficient724
      @working2bselfsufficient724 ปีที่แล้ว +2

      Isn't ever going to be worth 750k again. Now max value you'll get will be at least 1/3 off or no one would want to buy a sunken boat. So won't be much if any profit by time done with everything sadly. Good for someone who fixes everything themselves and wants to keep it. That would save someone alot.

  • @sjd7188
    @sjd7188 ปีที่แล้ว

    All depends on price. If available as a project boat for right price , then yes i would take it on. But has to be worth time and money getting it done

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      Absolutely because it’s going to take a lot of time to do it right! Thanks for sharing!

  • @andrewdixon3538
    @andrewdixon3538 ปีที่แล้ว

    The hull seems to be sound. What caused the boat to sink? That would be much more interesting to me than the project.
    I suspect a broken air conditioning hose or a broken freshwater hose and the owner left the boat hooked on to city water pressure while he was absent. I totally agree that there’s a lot that could be hidden particularly the fuel tanks and the fuel and hydraulic systems.

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      Thanks for sharing …. We were told the tide changed & the boat & dock got tangled up & the boat was found on the bottom.

  • @paulmesser7848
    @paulmesser7848 ปีที่แล้ว +1

    Personally I wouldn't touch it, salt water is the gift that keeps on giving. I think the hull and structure are worth saving, but that's it.

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว +1

      🤣😃 “salt water the gift that keeps on giving” love this! Paul your absolutely right!

  • @KG_Fisherman
    @KG_Fisherman ปีที่แล้ว +4

    As a project boat, I wouldn't give more that $125k because just from what I see and don't see, I'm thinking $575k for parts and labor.

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว +1

      Thanks for watching Kevin ... plus the time and headache getting it repaired.

    • @wallacejeffery5786
      @wallacejeffery5786 ปีที่แล้ว

      Good assessment

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      @@wallacejeffery5786 thanks for watching ..... agree its a big project!

  • @philstalinski8694
    @philstalinski8694 ปีที่แล้ว

    was in kw this winter... saw this thing underwater at the marina i stayed in. total bummer. the story around the dock was that they left the bait pump on. is that correct?

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      Hi Phil thanks for sharing and watching .... by chance what marina? We didn't get that story ... Insurance told us something about the boat and dock got tangled up and dock lines, tide came in and flooded the boat. We have another bummer of a video coming up again soon. This one got stuck on the jetty!

    • @philstalinski8694
      @philstalinski8694 ปีที่แล้ว

      Sunset marina by jail

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      @@philstalinski8694 thanks.

  • @b_rad5678
    @b_rad5678 ปีที่แล้ว

    Really depends on the price. I'd take it to fresh water after the build. Maybe only put 2 engines this time.

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      Less corrosion on fresh water!

  • @RiverratGoRVing
    @RiverratGoRVing ปีที่แล้ว +2

    For the right price would be worth it.

  • @kennethpereyda5707
    @kennethpereyda5707 ปีที่แล้ว

    Would be on your boat title like a car- totaled or salvaged title ? If it would have that then no.

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      Yes could have a salvage title.

  • @johnszafarczyk
    @johnszafarczyk ปีที่แล้ว +1

    what made it sink?

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      Tide changed and boat got tangled with the dock some how!

  • @bobgreenhalgh7324
    @bobgreenhalgh7324 ปีที่แล้ว

    Yes

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      Did you see todays video? Trimaran sank.

  • @jeffg1391
    @jeffg1391 ปีที่แล้ว

    Love your channel, but would love to see the outcomes of some of your videos too.

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      Thanks Jeff which video would you like to know about .... this one insurance moved it to the mainland! Sometimes we forget to update since the videos and repairs can take weeks! But, happy to share any that your curious about.

  • @0718dm
    @0718dm ปีที่แล้ว

    If rebuilt will it be insurable?

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      Might depend on the insurance company! Boat insurance is getting harder to get!

  • @j.m.karsch9105
    @j.m.karsch9105 ปีที่แล้ว +1

    Hell no especially being a salt water boat. Have a absolute fortune in it and still have a salvaged sunken salt water boat

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว +1

      Thanks for watching! Right on.

  • @lb7wade518
    @lb7wade518 ปีที่แล้ว +2

    Looks like a lifetime of issues!!

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      That's exactly what we think .... gremlins for the life of it

  • @timgore2502
    @timgore2502 ปีที่แล้ว +1

    So what did they do with That one ?

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      We were able to save it …. Its getting new lower units now! Literally at the shop waiting to be attached!

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      Once we were done the insurance took the boat up North … a viewer said it ended up at a boatyard near them I believe West Cost Florida! They left a comment below.

  • @emersonharper434
    @emersonharper434 ปีที่แล้ว

    So what would a fair price for a boat like this be from the insurance company? I've read the comments and come up with upwards of 350k to redo. I feel like it would still be worth doing a project like this if you had a good chunk to get started.
    But not a good idea for a flip unless you had huge resources and help.

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      Really depends on one’s goals, time, $$ and knowledge! This is a big project even for those that know what needs to be done! Parts availability can be a headache!

    • @andrewhilliard1126
      @andrewhilliard1126 ปีที่แล้ว

      What cause the boat to sink

  • @rski1036
    @rski1036 ปีที่แล้ว +1

    Based on my experience dealing with insurance, odds are they will hold the owner responsible for NOT immediately going to work to save as much as possible, starting with the motors. The damage is not done until the air hits it after removed from the salt water; and based on your walkaround sounds like that was not done. Odds are she was also heavily financed so the insurance will go to the finance company and the owner will incur a HUGE loss, and will still be responsible to the finance company for what insurance did not pay. Best guess is whoever owned the boat was a first time boat owner & had no clue or he/she would not have bought a Regal and now probably not another boat and even if he/she did, good luck finding an insurance company that will insure him.

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      Thanks for sharing did you see this weeks video another sinker! Owning a boat is like owning a house we have responsibilities! 👍

  • @Beachnative42
    @Beachnative42 ปีที่แล้ว +1

    If the boat is totaled then the value at best can be 75% of the value of one that has not sank at best. If the value of the boat is $700K x .75 =$525,000 after repairs at best. if repairs material costs $200K then $250K for labor. Leaving $125K in profit. This taking 6 months to complete and making $125K in 6 months is still a huge gamble, storage, lead time for materials, storage/rental and that fact that it will still have a salvage title will not make it worth it. If you bought it for $25K it might sound tempting but as a business, I'd run. the reason why is the electrical runs for wiring and the head repairs, not only that but what are the fuel tanks made of and where are they located at to replace them.
    This is a boat for someone who doesn't want to pay $850K for a new one AND wants a project, knows how to do the work or someone who does. How you could make $$ is finding that person and have them hire you as a consultant, for $300K they could have a nice boat .... and probably built better than factory since they are doing the job and not some 9-5er.

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      You’ve got some great points & ideas! Thanks for watching! 👍

  • @mikerobinson3672
    @mikerobinson3672 ปีที่แล้ว

    If I had the right people in my corner for the fiberglass work and cranes at my disposal and the money to buy every electrical harness and accessory the boat originally came with even down to the engines, I would take on this undertaking to put it back in the water for myself and my family. I would more than likely try and separate the top and bottom portions of the boat (not sure of the terminology). Then rewire, replace, and refit all electronics with it separated. Im a Diesel Mechanic and as long as I can get the repair manuals I can fix the engines, that's the easy part for me. I have saved diesel engines that were worse off and underwater longer than those. As long as they didn't try and fire them. If they did that would make my life a lot harder.

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      You’d have a huge advantage being a mechanic! We’d maybe do the same thing if we had the time!

  • @wallacejeffery5786
    @wallacejeffery5786 ปีที่แล้ว +2

    My opinion is don’t buy. If it was a 22-26 footer, without all the extras, it would be a lot easier to redo. This is a 18 month project plus a place to do the work. Was such a nice boat

  • @dellis8267
    @dellis8267 3 หลายเดือนก่อน

    Not a chance. That boat will be a nightmare from this point forward.

    • @WillFixThat
      @WillFixThat  3 หลายเดือนก่อน

      Exactly… will have gremlins for the rest of its life 🤣

  • @thebigredugly
    @thebigredugly ปีที่แล้ว +1

    Yes I'm interested

  • @ronules1
    @ronules1 ปีที่แล้ว +1

    no sir would not even think about it

  • @williamhamill813
    @williamhamill813 ปีที่แล้ว

    Depends on the price

  • @idahobob180
    @idahobob180 ปีที่แล้ว +2

    Nice boat, really you couldn't give me the boat that's a 3k to 4k fill up every time you go out, just say everything needs replacement, 10,000$ at auction.

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว +1

      Thanks for watching Bob! I would imagine the insurance company is going to want more than $10k for this boat! Yes a gas guzzler for sure today I was with the guys and we were changing a lower unit on a boat that had 4 Mercury Verado 300's on it .... talk about cost of gas these were on a cigarette racing boat.

  • @justlivingfishingteam8255
    @justlivingfishingteam8255 ปีที่แล้ว +2

    If the price was right I would rebuild it. I bought 2 Mercury outboards that were sunk rebuilt them it was expensive but being able to do the work myself was not bad compared to buying new. And I have rewired a sunk boat was not fun and expensive . So yes if it was cheap yes I would

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      Thanks for watching price maybe cheap but your time & labor costs too! It’s great that you can do much of the work yourself!

    • @justlivingfishingteam8255
      @justlivingfishingteam8255 ปีที่แล้ว +3

      @@WillFixThat it's a labor of love. I have been on the water since I was 12. That's when I got my first boat. I'm 48 now and built many boats to keep getting offshore.

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      @@justlivingfishingteam8255 super cool! Catch’em up 🎣

  • @larrybadash8490
    @larrybadash8490 ปีที่แล้ว

    Lorenzo says: I have a 35 Sport Coupe 2019 and it is very well built, there is a lot of quality construction in my boat. Now this hull is based on the Regal 38 Grande Coupe. $750K for a center console boat is muy expensive if you compare to the Grande Coupe for $50K less. Anyway, make it $75K and put in a $275,000 for repower, open out to the hull and clean it out, Re upholster, rewire and since its new you can get all the harnesses from Regal (I can tell you from my boat they are very well made custom at the factory) new electronics and A/c unit, new head, all new hardware that is still at Regal and end up with a 2020 38 foot monster center console for $350,000. In today's market if you know what you are doing this would be successful rebuild.

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      Yes if you have experience this can be rebuilt if you don’t mind that it sat on the bottom of the ocean!

    • @rski1036
      @rski1036 ปีที่แล้ว +1

      Unless you plan to keep her, the title will always say "salvage," so that's a HUGE loss of value.

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      @@rski1036 agree.

  • @dhooter
    @dhooter ปีที่แล้ว +1

    Why did a 750K boat with auto bilge sink in the first place?

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      Tide came in & dock got in the way!

  • @twczzkm
    @twczzkm ปีที่แล้ว

    What a beautiful boat.... Insurance should total it.

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      That was our recommendation since it is a complete re-do! But, we also recommended a fresh water rinse asap to prolong the life of it in case it wasn’t totaled!

  • @nickmccallon8520
    @nickmccallon8520 ปีที่แล้ว

    The only way I’d want that boat back is if it was stripped to the hull and everything replaced by the factory. Even then the hull number still has a salvaged title attached to it. As the owner I’d want any sunken boat replaced.

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      Your absolutely right …. Plus why would any owner wanna to deal with the headache & months without a boat if it could be replaced!

  • @pjsmfasheri
    @pjsmfasheri ปีที่แล้ว

    No. That dent you pointed out would worry me.

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      That dent would need a closer look for sure.

  • @jayphoun8045
    @jayphoun8045 ปีที่แล้ว

    Race car, horses, yacht…there is no budget😊 sky is the limit😂

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      All expensive hobbies 🤣

  • @richardharris5200
    @richardharris5200 ปีที่แล้ว +1

    His phone call lmao

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      What more can we say .... ?

  • @MrGusinfla
    @MrGusinfla ปีที่แล้ว

    So what did they send you for????

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      Too access damage & show proof!

  • @joeashbubemma
    @joeashbubemma ปีที่แล้ว

    It would be a waste to scrap it. Judging by how the used car market is today, I doubt the insurance co will let it go for less than half the payout and will sit on it until they get their price. In that case, It's a hard pass. I think your recommendation to wash the boat and mitigate further damage is spot on. In the automotive world, something as simple as covering the intake from water infiltration makes the difference between a good used engine, and a boat anchor.

    • @WillFixThat
      @WillFixThat  11 หลายเดือนก่อน

      Thanks for sharing …. Your right on!

  • @dantheman1998
    @dantheman1998 ปีที่แล้ว

    So if noone buys it. What happens to it?

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      Someone will buy it as long as the insurance company has a realistic price!

  • @genegeneish
    @genegeneish ปีที่แล้ว

    Why did it sink?

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      The tide came in and boat & dock got tangled up … boat found on the bottom.

  • @charleszohfeld7228
    @charleszohfeld7228 ปีที่แล้ว

    I like your shirt who makes it and can you show the logo more in depth please and thank you

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      Which shirt are you referring too? The grey shirt Matt is wearing or our merch shirts at the bottom of this video? Each shirt has its own logo!

  • @hardtimesify
    @hardtimesify ปีที่แล้ว +1

    If it's dirt cheap I would take it in a heart beat.

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      Not sure if it will be dirt cheap 😂

  • @peterme7265
    @peterme7265 ปีที่แล้ว

    Geat channel your short and to the point i see in other comments how the boat sank the back story would be good since the boat looks not to have a hole in it as far as buying and fixing it has to be super cheap by the time u get electronics and electrical and u have deal with Regal with factory only parts i know if i owned that and they insurance company wanted to fix it even with new motors i wouldn't want there nothing like factory new

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      Thanks for watching! We weren’t really told any story before going to the boat! We heard the rumors after the fact!

  • @kimdresser7739
    @kimdresser7739 ปีที่แล้ว

    This boat sank at our marina. Floating docks. Hmm. Dock Lines got tangled?? 🤔

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      Yes we just found out today where it happened! That's what we were told!

  • @johndeer4250
    @johndeer4250 11 หลายเดือนก่อน

    buy it nop but fix it is easy
    all new vinyls and electronics are easy to replace and the wires should be fine for reuse the engines are yammaha so a flush should do I did sink one once and this engines don’t die not even the computer suffer on mine but Im curious why did it sink? drain plug? or capsized? because that bottom looks really good

  • @TWOSU_NEWS
    @TWOSU_NEWS ปีที่แล้ว

    A $750,000 boat...and I got it at auction for $90,000 I would be willing to put $350,000 into it...
    So yes I would buy it

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      Yes just depends on the price and if someone wants to spend their time managing such a project. Did you see this weeks video Trimaran Sank! Check it out!

  • @mikeguedes1138
    @mikeguedes1138 ปีที่แล้ว +1

    how can all the upholstery be bad? unless its torn it can be removed washed and let dry

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      Yes if the insurance company paid for mitigation but they just let the boat sit! We have another video like this one coming up in a few weeks! Matt & Insurance guy talk about the cushions …

  • @Whalermansteve84
    @Whalermansteve84 11 หลายเดือนก่อน

    The main question is would you have the original title to the boat or would it be a salvaged title

    • @WillFixThat
      @WillFixThat  11 หลายเดือนก่อน +1

      Not sure how it ended because they trucked the boat out of here very quickly!

  • @todddivelbliss4706
    @todddivelbliss4706 ปีที่แล้ว

    For the right number sure I would buy it.

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      Thanks for watching Todd …. What’s your right number?

    • @todddivelbliss4706
      @todddivelbliss4706 ปีที่แล้ว

      Truthfully not sure. I have done several auto totals from copart its all about parts and labor to repair and what can I sell it for or what it is worth fixed.

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      @@todddivelbliss4706 all great points Todd! Thanks for watching!

  • @DrEd-th2lu
    @DrEd-th2lu ปีที่แล้ว +1

    If I got it for about 30-40k yes…. I have rebuilt a few submerged boats here in FL. One took 5 years. As you drive it systems fail that are not changed. However, I am a mechanic. Not for a newbie.

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว +1

      Agree not for a newbie …. What kind of repairs do you do? If you come across a good project boat let us know! 👍

    • @DrEd-th2lu
      @DrEd-th2lu ปีที่แล้ว

      I am an aircraft mechanic in Tampa that does boats as a hobby. I just finished a 34’ Cruisers Yacht. What a disaster… I would wash down most of those systems, just clean the interior, clean all the controls, and electrical contacts, replace one engine, and rebuild the other two. Then work on it while using it and be frustrated forever…… Lol! But it is a 750k boat for a much lower cost. If you can’t work on it every day yourself it’s now a bigger money pit than the average boat. Break out another thousand. 👍

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว +1

      @@DrEd-th2lu thanks for watching … Matt was an aircraft mechanic many years ago 😊 your right on about it being a money pit with gremlins moving forward!

  • @eymanbaird5847
    @eymanbaird5847 ปีที่แล้ว

    It would be around $150,000 to repower. If you had a good Boat you wanted to repower like a Freeman 42. Trickled down repowernomics, then use the freeman's old engines & you'd have a "fantastic" charter boat if it would pass the USCG inspection and insurance requirements.

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      Absolutely agree on both your statements! Thanks for watching.

  • @allywilkeforsenate
    @allywilkeforsenate ปีที่แล้ว +1

    With enough money I can fix anything.

  • @villagecarpenter2266
    @villagecarpenter2266 ปีที่แล้ว

    I wouldn't take that boat if it was free! LOL!

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      Most say the same thing!!

  • @io7664
    @io7664 ปีที่แล้ว

    So when is the boat going to auction got 10G

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      We have no idea it’s current status!

    • @io7664
      @io7664 ปีที่แล้ว

      @@WillFixThat how much would a boat like this go for ( ball park)

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      Its already been moved up north not sure when the auction is if at all.

  • @dantheman1998
    @dantheman1998 ปีที่แล้ว

    I would get a few force engines to repower it! 😊

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      Sound like you are already have a great plan with some good parts! 😀

    • @dantheman1998
      @dantheman1998 ปีที่แล้ว

      @@WillFixThat ikr. Sometimes I surprise myself

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      @@dantheman1998 You sound amazing from here 😝

  • @georgemcdonald6665
    @georgemcdonald6665 ปีที่แล้ว +1

    That's a U-boat ?

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      I’m not a mech what’s U Boat?

  • @craigallenbaugh786
    @craigallenbaugh786 ปีที่แล้ว +3

    Question is ...... how did it sink with no physical damage ??

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว +1

      The tide came in and the boat and dock got tangled up somehow and they found it on the bottom.

  • @flintharry1688
    @flintharry1688 ปีที่แล้ว +1

    Yes I would get it

  • @paulkersey2179
    @paulkersey2179 ปีที่แล้ว

    Depends on the price, but yeah, maybe

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      Agree price is important! 👍

  • @patdghop
    @patdghop ปีที่แล้ว +2

    I would run away fast!

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      🤣 lol your scared 😱 thanks for watching …. I was hoping someone wanted to do a project boat!

  • @dellis8267
    @dellis8267 10 หลายเดือนก่อน

    that is a total loss, I would not elect to try to repair that Regal, it will be a nightmare down the road.

    • @WillFixThat
      @WillFixThat  10 หลายเดือนก่อน

      That’s what we think too man gremlins can come later.

  • @dalesmith561
    @dalesmith561 ปีที่แล้ว

    Why do people call a boat Hull, a haul, or hall?, and the skeg on the engine the skag?

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      Sorry maybe just our accent! Thanks for watching!

  • @cruisingaboveblue848
    @cruisingaboveblue848 ปีที่แล้ว +2

    No I'd stay away. Newer boats rely too much on electrical components to make their systems operate. Like a flooded car, there's always a gremlin lurking within. You've got to buy it really, really, really cheap and have the ability to fix much of what goes wrong along the way yourself.

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว +1

      This boat needs to be completely gutted and then all new installed! Thanks for watching! Gremlins are lurking 👀

  • @fredeb67
    @fredeb67 11 หลายเดือนก่อน

    If it has a composite stringer system, yes at a very low cost.

    • @WillFixThat
      @WillFixThat  11 หลายเดือนก่อน

      Fair enough!

  • @benbirkigt493
    @benbirkigt493 10 หลายเดือนก่อน

    Why did it sink ????????

    • @WillFixThat
      @WillFixThat  10 หลายเดือนก่อน

      Something with the tide coming in & the dock.

  • @williambeyer5095
    @williambeyer5095 ปีที่แล้ว +1

    Looking at those skegs, who ever owned this boat had more money than brains. Like buying a used car from someone who skipped the oil changes.

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      This is what happens if you run in shallow water! We have lots of boats that look like this ....

  • @danielbenson6899
    @danielbenson6899 ปีที่แล้ว

    I work at legendary marina in destin and I saw this boat! It was rough smelled terrible

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      I’m assuming they didn’t give it a fresh water rinse & the didn’t pump the water out! But, it over all looked good when we filmed!

    • @danielbenson6899
      @danielbenson6899 ปีที่แล้ว

      @@WillFixThat we actually pumped it at legendary and rinsed it the best we could I have some videos somewhere⚓️

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      @@danielbenson6899 how does it look now? I’m sure much more rust since it was a few weeks ago when we saw it! It never rained either once we left the boat…. It’s been dry here. Is the owner rebuilding or did insurance total it?

  • @MenCanNotBeWomen
    @MenCanNotBeWomen ปีที่แล้ว

    buy the hull add twin engines and strip wire it all out. you could in fact transfer an old boat electronics like plotter fish finder switches etc etc. 4 months later what did it go for? was it sold or scrapped?

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว +1

      We don’t know it was loaded up & taken up north!

    • @MenCanNotBeWomen
      @MenCanNotBeWomen ปีที่แล้ว

      @@WillFixThat Im guessing that's what they did to it, stripped it, cleaned it, replaced the electronics and overhauled the engines, or sold em for parts...this is what i did to a hull i brought...transferred every thing from my old boat to the new alloy hull...alloy hull was new. so had to do every thing.

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      @@MenCanNotBeWomen you did it yourself… that’s a lot of work! Did you this weeks video … another sinker 🥴

  • @Bacardir
    @Bacardir ปีที่แล้ว

    Living in Miami Florida I would kill to learn about boat repairs as a helper and student

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      Go check out some marina's in your area ... they maybe hiring!

  • @Gggggh580
    @Gggggh580 ปีที่แล้ว

    The boat sank for what reason? the hull is intact. what happened? can you tell us the story?

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว +1

      All we know is the tide came in & something happened with the boat & the dock.

    • @Gggggh580
      @Gggggh580 ปีที่แล้ว

      👍

    • @igloo211
      @igloo211 ปีที่แล้ว +1

      @@WillFixThat something seems off this is a good sized boat hard to sink unless on purpose🤷‍♂️

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว +1

      @@igloo211 not sure that’s just what we were told! Not for us to figure out lol!

    • @jcsully
      @jcsully ปีที่แล้ว

      Tied up incorrectly??

  • @badsanta69
    @badsanta69 ปีที่แล้ว

    The anchor is still good! So there is that. I suppose there is some math that would make it make sense, but that entire boat will need to be torn down and it would never be 100% again.

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว +1

      Your absolutely right thanks for sharing!

  • @bigwooly8014
    @bigwooly8014 ปีที่แล้ว

    Is that a Kershaw Leak you're tapping around with?
    Edit: 1:36

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว +1

      LOL what you doing checking out his Knife .... its like Matt's forth one 😁 It's his #1 tool! Thanks so much for watching!

  • @johnmccollum4375
    @johnmccollum4375 ปีที่แล้ว +1

    It can be done

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว

      Yes it can with the right team!

  • @dadybig6522
    @dadybig6522 ปีที่แล้ว

    Yes anything posible

  • @RH-nc8uu
    @RH-nc8uu ปีที่แล้ว

    Would love to see Thatboatguy or diy Waterworld fix this up for almost nothing and use/sell

    • @WillFixThat
      @WillFixThat  ปีที่แล้ว +1

      Would be cool … but it needed attention as soon as it got out the the ocean! But, it didn’t.