[PSUBS-MAILIST] Question

Alec Smyth via Personal_Submersibles personal_submersibles at psubs.org
Sat Jun 7 10:15:27 EDT 2014


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 This large sub - not functional, clss outdated and need a general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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