[PSUBS-MAILIST] Question

Sat Jun 7 10:32:49 EDT 2014

Ah, a plausible scenario Alec.

On Sat, Jun 7, 2014 at 10:15 AM, Alec Smyth via Personal_Submersibles <
personal_submersibles at psubs.org> wrote:

> I suspect Hank just made a typo and dropped one zero, because about $25K
> for a K250 and $35K for a K350 would be normal prices. Otherwise, I'll be
> racing you Douglas in offering to buy all Hank's subs!
>
> Best,
>
> Alec
>
>
> On Sat, Jun 7, 2014 at 9:58 AM, Douglas Suhr via Personal_Submersibles <
> personal_submersibles at psubs.org> wrote:
>
>> Hank, I like you very much and don't want to offend you here, but I must
>> argue your rule of $10 / foot of dive capability. That would make a K-250
>> $2500 base price and K-350 $3500 base price? That doesn't seem to factor in
>> the labor of hull construction at all. I do understand the point that you
>> and Carsten are making, but I feel this is a classic example of "selling"
>> ourselves short. Even a humble K-boat should be treated as a specialized
>> vessel.
>>
>> Now Lake Diver was listed for a long time at $145,000 which in my opinion
>> was probably asking a bit too much, but when reduced to $45,000 I felt that
>> was fair. Hank, if you have any K-boats that you want off your hands for
>> the price of your rule, please let me know :) ~ Douglas S.
>>
>>
>> On Sat, Jun 7, 2014 at 8:57 AM, "Carsten Standfuß " <
>> personal_submersibles at psubs.org> wrote:
>>
>>>  Hi Scott the asking price for Peppers just as exsample is just the
>>> material cost.
>>>
>>> A sub like the blue one Arg.J. Without the engine and lead - I would not
>>> spend more than 1-2 K USD.
>>> Fact is I would not spend even 1 USD. Its a beautiful museums item but
>>> not more.
>>>
>>> A ocean going full operational Diesel Electric Psub without class like
>>> Euronaut is something 4-5 Mill USD.
>>> Same with class - just double the figure.
>>>
>>> A K boat rusty hull - or a rusty propane tank sub I would not purchase -
>>> its cheaper to build a new hull.
>>>
>>> Many prices on the market are not realistic. The Seahorse was new some
>>> 25 Years ago 5 Mill USd - and over
>>> 20 years for sale for 1,3. Nobody want it. now it is 0,13 and still
>>> nobody want it.. Same with some toursit sub out of class.
>>> This large sub - not functional, clss outdated and need a general
>>> overhauld are not more worth than just the scrapp metal price.
>>>
>>> The Mantis is pretty old and without class - I would puchase it - but
>>> not for 40K as request.
>>> Maybe 5 K is realistic.
>>>
>>> Vance knows the story. Many years ago I inspect the Margennaut at Ft.
>>> Lauderdale.
>>> Asking price was just 20K USD not bad for a 13m - 30 ts sub.
>>> But I calculate tah trasnport, overhaul, rebuild to my requirements cos
>>> me another 130K.
>>> On that days I decide to build my own sub.
>>>
>>> A second hand sub makes only sence if it in general fullfill your
>>> requirements list.
>>>
>>> vbr Carsten
>>>
>>> "hank pronk via Personal_Submersibles" <personal_submersibles at psubs.org>
>>> schrieb:
>>>
>>> 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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>>>
>>>
>>>
>>>
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>>>
>>
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