Leaderboard

This is an interesting situation for sure. I am not sure I fully understand your options..... You could take the $47K payout and walk? BTW $47 K for a 2009 is more than fair. Hard to beat this deal. Or is there an option to take the payout and still get the boat to fix and keep? If so, at what cost? If taking the boat means no payout then I would take my money and run. If there is an option for some payout and get the boat then it is worth exploring. The boat for sure still has value if YOU wanted to get it and fix it back up to be good for YOU. But only if you want to keep it personally. It would be a really hard to sell with a salvaged title knowing it had sunk without taking a big financial hit on the sale. You are certainly not going to get $47K out of it used, sunk, and salvaged when you sell it. Did you see what the "fix it list" was for $35k? That seems crazy high if they already got the motor running with a new computer. For sure the shop is being aggressive on the $75 per day fee. Do they have that in writing anywhere for it to be legal? I would ask this question on the Official Centurion/Supreme boat owners Facebook group. Lots more eyes and ears over there to give you good advice.