Healey Sportsboat seen for sale on Bring a Trailer

[Chuck9482912]

https://bringatrailer.com/listing/1959-austin-healey-model-75-sportsboat/

 

[Deleted member 8987]

Over $50K to refurbish....and current "bid" is $4,500. Less than a tenth the refurb cost.
Wonder how high it will go or if there is a "reserve?
I can't imagine spending 50K on something that ends up being a hole in the water you throw money at.

Happiest days of a boat owner's life are the day he buys it and the day he sells it.

 

[Duane_Rhynard]

Over $50K to refurbish....and current "bid" is $4,500. Less than a tenth the refurb cost.
Wonder how high it will go or if there is a "reserve?
I can't imagine spending 50K on something that ends up being a hole in the water you throw money at.

Happiest days of a boat owner's life are the day he buys it and the day he sells it.

Race day at 15 knots+ is pretty happy too!

 

[blueskies]

Yeah, there are lots of bad jokes about boats. We too have had good luck with boats, and most have treated us very well. There was the time I fell off the sail boat, out alone on the lake, and watched it sail away. We live in lake country and spend lots of time on the water; even bought a new slalom ski last summer.

That boat on BAT does look interesting, but the market for old wooden boats is unpredictable. A friend did a beautiful job on a mahogany boat from about 1960 and can't sell it, even at pretty much a give-away price. I have a late 1950s fiberglass boat, designed by Raymond Loewy Studios (designers of the 1953 Studebaker Starliner and other cars), in the queue for restoration. It was beautiful once and could be beautiful again.

 

[Michael Oritt]

I owned a 48' offshore cruiser (see pic) for over 30 years and had many wonderful experiences including living aboard and home-schooling my kids for about five years.

I sold her in 2010 and was fortunate to find a buyer who was willing to pay my price as increasingly banks are unwilling to finance and insurance underwriters are reluctant to insure older boats. Unlike our cars boats will literally sink if neglected.