[PSUBS-MAILIST] Question

Sat Jun 7 11:50:32 EDT 2014

Douglas,
I agree that Lake Diver at 45K was a fair price, yet it did not sell as far as I know.  I offered 25K for Lake diver a few years back.  In my mind, an item is worth what ever the highest offer is.  That Makes Lake Diver worth at least 25K
Hank 

On Saturday, June 7, 2014 10:41:52 AM, hank pronk via Personal_Submersibles <personal_submersibles at psubs.org> wrote:

Alec,
Thank you for having faith, yes, I was back spacing and lost a zero.  :-) 

On Saturday, June 7, 2014 10:33:11 AM, Douglas Suhr via Personal_Submersibles <personal_submersibles at psubs.org> wrote:

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 
>>>>_______________________________________________
>>>>Personal_Submersibles
mailing list
>>>>Personal_Submersibles at psubs.org
>>>>http://www.psubs.org/mailman/listinfo.cgi/personal_submersibles
>>>>
>>>>
>>>>        
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>>>
>>>
>> 
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