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Boat value #19112
10/11/22 11:11 AM
10/11/22 11:11 AM
Joined: Sep 2000
Posts: 392
Rockwood, MI, USA
Russ Atkinson Offline OP
Senior Member
Russ Atkinson  Offline OP
Senior Member
Joined: Sep 2000
Posts: 392
Rockwood, MI, USA
As some know, during the 2022 J/30 NAs, Wildcat was badly damaged. We transported her home to Michigan and yesterday, the insurance adjuster examined the boat. I am awaiting the insurance decision on damage repair costs, etc.
When asked his opinion the adjuster said, due to the extent of the damage, most likely the boat will be totaled. If totaled, according to the adjuster, the insurance company will pay the market value of comparable boats.
I am seeking j/30 boat values. If you have one for sale or know of one sold in the last 2 years, please post a reply

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Re: Boat value [Re: Russ Atkinson] #19113
10/11/22 07:45 PM
10/11/22 07:45 PM
Joined: Jun 2020
Posts: 20
Pickwick Lake TN
C
Cousineddy Offline
Senior Member
Cousineddy  Offline
Senior Member
C
Joined: Jun 2020
Posts: 20
Pickwick Lake TN
Wildcat was the winner! What happened? I have never heard anything so sad.

Here is one for sale down the street from me: $29k

1980 J30

Re: Boat value [Re: Cousineddy] #19114
10/11/22 08:31 PM
10/11/22 08:31 PM
Joined: Sep 2000
Posts: 392
Rockwood, MI, USA
Russ Atkinson Offline OP
Senior Member
Russ Atkinson  Offline OP
Senior Member
Joined: Sep 2000
Posts: 392
Rockwood, MI, USA
Race 3 of the first day; winds 20-25. Shortly after rounding the leeward gate, we were engaged in a port starboard incident.
It was a legitimate accident ( no one was trying to be daring). Wildcat was t-boned resulting in severe damage to deck, cabin top, boom, etc,etc. My crew and with the help of fellow competitors pieced the boat back together to allow us to sail on.

Re: Boat value [Re: Russ Atkinson] #19115
10/11/22 08:52 PM
10/11/22 08:52 PM
Joined: Jun 2020
Posts: 20
Pickwick Lake TN
C
Cousineddy Offline
Senior Member
Cousineddy  Offline
Senior Member
C
Joined: Jun 2020
Posts: 20
Pickwick Lake TN
Nobody hurt? You went on to win the North Americans with a boat that was totaled on the first day? This has to be the biggest story ever. There should be coverage on ESPN, and a viral documentary to go with it. This is a YUGE accomplishment. You must have the best crew ever. If I was Rod Johnstone, I would give you a new J99! Very impressive.

If you don’t get a new J99, are y’all planning to repair Wildcat? She looks to be in excellent condition otherwise. I doubt you would get what you want from insurance. That’s usually a disappointment.

Re: Boat value [Re: Russ Atkinson] #19116
10/11/22 08:57 PM
10/11/22 08:57 PM
Joined: Sep 2000
Posts: 392
Rockwood, MI, USA
Russ Atkinson Offline OP
Senior Member
Russ Atkinson  Offline OP
Senior Member
Joined: Sep 2000
Posts: 392
Rockwood, MI, USA
How well do you know Rod? I'd settle for a J88
And yes, I have a rock star crew. They and the folks at Eastport yacht club get all the credit for US Sailing on day 2 and 3

Re: Boat value [Re: Russ Atkinson] #19117
10/11/22 09:25 PM
10/11/22 09:25 PM
Joined: Jun 2020
Posts: 20
Pickwick Lake TN
C
Cousineddy Offline
Senior Member
Cousineddy  Offline
Senior Member
C
Joined: Jun 2020
Posts: 20
Pickwick Lake TN
I met Rod once, he probably don’t remember me. Do you have a photo of the damage?

Re: Boat value [Re: Russ Atkinson] #19121
10/13/22 04:06 PM
10/13/22 04:06 PM
Joined: Apr 2000
Posts: 675
Maryland, USA
Bob Rutsch Offline
Governor at Large
Bob Rutsch  Offline
Governor at Large
Joined: Apr 2000
Posts: 675
Maryland, USA
Wildcat was impressive, repairing the deck after a catastrophic collision, never finishing below third and winning the last two races. My hats off to Russ and his crew. If that was the final regatta for Wildcat, it certainly went out in style.

Last year Infectious Smile was T-boned in our final race of the season last year and totaled by the insurance company. The previous owner took the insurance settlement, sold remaining racing sails, and purchased a J/105. A local J/30 fleet member bought the damaged boat for salvage, repaired it, then offered it to Valhalla Sailing at his cost. They finished 7th in this year's NA's using a set of older sails.

So that settlement information may be helpful. A comparable to the condition of Wildcat sold recently would be Mayhem. I only have general and unconfirmed information so give you details but can help you get in touch with those involved if you like. I'm sure they would be willing to help.

Re: Boat value [Re: Russ Atkinson] #19123
10/17/22 07:32 AM
10/17/22 07:32 AM
Joined: Sep 2000
Posts: 392
Rockwood, MI, USA
Russ Atkinson Offline OP
Senior Member
Russ Atkinson  Offline OP
Senior Member
Joined: Sep 2000
Posts: 392
Rockwood, MI, USA
Bob, thanks for the kind words. Coming from you, a significantly accomplished sailor and J/30 champion, that means a lot.

We have plans afoot to repair the boat. I may not be at the helm, but we expect the boat to be in Bristol.


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