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1991, 29’ Formula “SEA JAY”

Minor Grounding

Listing Image
Payment Options
Payment Instructions
Payment by Wire Transfer or Bank Draft as described in terms and conditions
Details
Make
Formula
Model
.
Serial Number
To be confirmed at time of sale completion
Physical Location
Comox, BC
Documentation Included in Sale
Salvage Bill of Sale ONLY!
Documentation Availability
Documentation included in the sale is limited to ONLY that described above and will be available for pickup at Verus Valuations Ltd during regular business hours.
Included Equipment
Any personal effects as may be shown in photographs is EXCLUDED from this sale. Included equipment is limited to that described below

Item # 413680
End Date
Start Date
Description

1991, 29’ Formula “SEA JAY”

This vessel was damaged in a minor grounding event which, as a result, impeded the raw water-cooling system, resulting in a small fire in the engine compartment.

The vessel is powered by twin 7.4L Mercruiser inboards with Bravo I stern drives. The fire originated on the starboard engine resulting in minor fire and interior smoke damage to the engine compartment. Both engines are considered to be repairable and both are presently out of the vessel. The grounding did disturb the transom shield, resulting in a minor leak. Additionally, the starboard drive lower gear case propeller shaft was bent and the splines on the upper and lower drive were twisted.

The trailer is NOT included in this sale, but is available for purchase, privately and separately from this auction listing. Details to be provided to high bidder, post-auction. 

No additional information or photos are available for this listing.
Additional damages not pictured or listed may be present.
Vessel sold As Is, Where Is, with no warranty or representation made with respect to condition of the vehicle or its various components. 

 

 

Anti Snipe Auction 

Any bids placed within the last 3 minutes of the auction end-time resulting in a change of the first-place bid, auction extends until no bids result in a change of the first-place bid.

Terms of Sale 

Upon Insurance Company approval a request for funding will be sent to the high bidder via email. Full payment, via wire transfer, is required within 72 hours of the invoice date. All bids made by bidders are contractually binding and the selected winning bidder is required to complete all transactions. Defaulting bidders will be permanently removed from buyers list. This item is offered AS IS WHERE IS and the Buyer is solely responsible for all logistics, transportation, loading, and associated costs. Item must be picked up no later than 3 business days after release information is received. No adjustments will be made for any discrepancies. Any goods that have not been picked up within 14 days after the scheduled pickup date will be deemed ABANDONED, and after such period, the buyer will forfeit all rights to the abandoned goods and any money paid for such goods. Please bid accordingly.