[PSUBS-MAILIST] Question

[swaters via Personal_Submersibles]

Hank,
I know that a sub for sale has alot to do with how bad someone wants it and how bad someone wants tp sell it. I'm sure a little bit has to do with the features, but mostly supply and demand. I never hear much about submarines for sale and how much they end up selling for.
Thanks,
Scott Waters




Sent from my U.S. Cellular© Smartphonehank pronk via Personal_Submersibles <personal_submersibles at psubs.org> wrote:Scott,
That is a hard question to answer, I am sure many have struggled with it.
What can you compare it too, a muscle car?  You can buy beautifully restored muscle cars for a fraction of the cost to build one.  PSUB's  also, are a labour of love, a toy, no different than a boat or a car. 
All you can do is look at recent sales.  Lake Diver, a well proven sub did not sell for the asking price and was for sale for a long time. I think he was asking 45K.  I have no idea what the status is on it now.  A K350 sold at auction for under 20K If I recall.  I have my own  formula, for a base price,  10 dollars per foot of dive capability.  I think that number is about right, for a functioning non certified  PSUB.  I know some PSUB owners are saying "I would never sell for that"  but I think that is the reality.  Only the chosen few make money on a toy :-)
Hank
 


On Saturday, June 7, 2014 7:07:02 AM, swaters via Personal_Submersibles <personal_submersibles at psubs.org> wrote:


I know the price of a sub can vary greatly. I am just curious what does a turn key K-350 and K-250 sell for?
Thanks,
Scott Waters




Sent from my U.S. Cellular© Smartphone

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