[PSUBS-MAILIST] Question

[Steve McQueen via Personal_Submersibles]

Scott, I can be a data point.  Hope it helps.

In 2012 I paid $15,000.00 for Mark Ragan's K-250.  She was built in 1987 by
Mark and co. She was operational to about 50 feet when I bought her. She
was used for shallow water (< 50 feet) as a pilot training sub.  Her max.
depth was only 60 feet. She was used to look for the Hunley.

I immediately tore her apart for inspection. Found significant rust issues
in the bilge and ended up spending/bartering approx. $5,000 worth of
repair & penetration upgrades. It came with a decent custom trailer, an
extra hard hatch (with a top view port). It came with extras like CB
radios, a scuba tank,  extra lead weights, an O2 tank, a floating antenna.
The thruster's are older Motorguide trolling motors but seem to work well.

I would say to date I have invested $25,000 to make this K-250 hull capable
of 250 feet. This investment also includes upgrades to the trailer.

I am happy with my investment. I believe I will have a nice K-250 for
approx. $32,000 when done.

Steve


On Sat, Jun 7, 2014 at 7:06 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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