I'm not quite sure how this company does business. Upon receipt of the signed bid award notification the asset will be released to the winners custody. Sales from the auctions are "as is, " and buyers are responsible for transporting their purchases after a 10-day grace period in storage. Year(Oldest to Newest). Cooper Capital lists the boats, their photos, the damage, and a starting bid. More than 200 boats are listed on Cooper Capital's website, ranging in length from 10 to 70 feet, with most in the 20 to 40-foot category. A release to buyer and salvage disclosure statement will be sent to the winner via email. Got a note I didn't win. The lion's share of the profit goes to the insurers, with the sellers keeping a percentage. Sought-after for their Power Catamarans, Pilothouse, Aft Cabin, Motor Yachts and Cruisers, the Cooper boats listed generally have a very deep draft and exceedingly wide beam, features that make them popular and well-suited for a variety of commercial and recreational boating activities. And a lot of those vessels are finding new life in South Florida, one of the country's major boating centers. Milardo calculates about 30 percent of his trade come from South Florida buyers. Milardo figures 13, 000 of those boats will be declared total losses by insurers, making them available for sale or auction by insurance companies seeking to recoup some of their losses. Failure to pick the boat up within 5 days will void your transaction and you will receive NOTHING.
Cooper boats for sale on YachtWorld are listed for a swath of prices from $21, 000 on the lower-cost segment, with costs all the way up to $1, 900, 000 for the most luxurious yachts. Size(Smallest to Largest). This price is based on today's currency conversion rate. I'm looking at a 1997 Hunter 430 that is missing a mast. Assets listed in the steals and deals section are assets that we will PAY YOU to take. In addition to our standard terms and conditions, the following terms apply: Each asset will run with a 5 day bid deadline.
Connell said the boats are repaired for resale, personal use, or even export. Milardo's firm is one of several that are selling the rehab-ready vessels on behalf of insurance companies that have declared them a "constructive total loss. " One company, he said, is specializing in trailering boats to South Florida from the Northeast. Cooper is a yacht builder that currently has 18 yachts for sale on YachtWorld, including 9 new vessels and 9 used yachts, listed by experienced yacht brokers mainly in the following countries: United States, Malaysia, Canada, Mexico and Netherlands. This builder offers boat hull types including modified vee and planing that are frequently used for traditional, time-honored activities such as a variety of commercial and recreational boating activities. "We've got a lot of people from your area that buy from us, tons of people from South Florida, " said Ron Milardo, founder and owner of Cooper Capital Specialty Salvage of Old Saybrook, Conn. "That doesn't surprise me at all, " said Gordon Connell, executive director of the Fort Lauderdale-based American Boat Builders and Repairers Association, a national industry group.
BoatUS, a marine insurer and recreational boating organization, estimates that 65, 000 boats in New York, New Jersey, Connecticut and other areas along the Atlantic Seaboard and Great Lakes region experienced some form of damage by the storm. Volvo / Ips 600 Engines. A check for the agreed upon amount will be mailed within a week of notification from the yard that the boat has left their property. Cooper equips models listed with inboard, inboard/outboard and electric drive power options, available with diesel, gas and electric propulsion systems. Prices are generally a bargain, but not giveaway cheap. "I've heard from several of our boatyards that have been involved in repairing large amounts of boats from the Northeast. "Given the amount of repair facilities in your area, I think that's the reason that we see so much interest from South Florida. CCSS, LLC reserves the right to end a bid early as they see fit. Any and all suggestion welcome. Confirmation must be received via a signed release to buyer back from the storage facility. The vessel MUST be picked up within 5 days of release. NOTHING IS TO BE REMOVED FROM THE BOAT UNTIL IT LEAVES THE STORAGE FACILITY. I'm interested to know if you did manage to find a replacement mast and if so where and for how much? Year(Newest to Oldest).