View Single Post
Old 09-29-2014, 10:55 PM   #4
Pau Hana
Guru
 
Pau Hana's Avatar


 
City: Seattle, WA
Vessel Name: Pau Hana
Vessel Model: 1989 PT52 Overseas Yachtfisher
Join Date: Aug 2012
Posts: 2,676
It depends- was the boat a distress sale, and what was the base for the valuation? If your Sundowner has been significantly upgraded, received meticulous care and upkeep, and is a bristol/near bristol example relative to like vessels in your area- the the 33% could be totally justified.
__________________
Peter- Marine Insurance Guru at Novamar Insurance Group (206-350-5051) & tuna fishing addict!

1989 52' PT Overseas yachtfisher
Pau Hana is offline   Reply With Quote