Just brought this 32 steel roamer is this a major repair needed

Hi just brought this roamer and are wondering how much of a job this repair is , as the rust appears to be in the keel and seams not just panels , excuse me a bit of a novice to this , just trying to work out if I should haul home or sell again and call it a learning experience.I usually tend to prefer not to buy projects and pay more for someone else's hard work or pref mint original example , but this seamed so cheap to me so I took a punt , so if someone can give me an idea on the cost/job envolved from these photo's so I can work out if it was a great deal or if there is alway's a reason why something is so cheap , that would be appreciated .......Seller emailed me this info after auction Will take close up pictures tomorrow for you with a detailed write up of current condition. Basically, the engines still run great, all mechanicals are good, including lights, horn, all gauges etc. The hull up front rusted through at the keel, I will take close up pics for you. Was going to have front quarter from water line down replaced but have too many other toys plus another boat to play with & very little time. below is txt from when this boat was for sale on this site in 2007 which is when the person I brought it off purchased it , attatched are current photo's just taken.

thanks in advance for any advice from past experience given. jason


1959 Chris Craft Roamer For Sale
31' Steel Chris Craft Roamer with trailer
We purchased this Roamer in early spring of 2002 it had been on
drydock for 10-12 years, What caught my eye was it looked very
similar to one my parents had when I was young, after looking at it
I discovered it was indeed the very same boat. It even had some
of the same decorations on board. So we purchased the boat!
And the great memories continued. The 1st thing we did was completely
sand the bottom and paint with 2 coats of Inturlux Interprotect watertight
primer and 2 coats of Trilux 33 anifouling paint
We also completly painted the sides of the hull with Interlux brightside.

This boat runs exceptionally, we have spent almost every weekend in the summer aboard, taking it out everyday.
At least once a year going to LaCross (90 miles). Below are some of the major items we did and their costs
We also repainted the bottem with Trilux 33 anifouling paint yearly
During every winter the boat has been stored indoors

Winter 2002-2003
Completely rebuilt engines $5,313.00
Transmissions $4,364.00
Generators $300.00
starters $300.00
Chris-o-Matics $600.00
rebuilt Tachs $300.00
complete Sunbrella camper top
including TopGun Tonneau cover $5,301.00
Removed tanks & tank renew $800.00
Winter 2003-2004
new hard top cabin canvas $500.00
Swim platform $450.00
New Stainless Steel rudders & Shafts $600.00
rebuilt gauges $300.00
Mufflers $550.00
Winter 2004-2005
New foam for interior $455.00
new upholstery $1,000.00
Winter 2005-2006
Trailer (very road worthy & legal) $2,500.00
rebuilt gauges $300.00

Sub Total $23,933.00

Engines and trannies now have around 155 hours

Asking Price: $15,000

Location: Lake City, Mn

Contact: Kip Shefveland
Mod note; Phone-Email-Website deleted
We are selling because we bought a 1959 41 Roamer regal

hi kiwi,

have asked how far along the keel does the rot go , just waiting reply , think the only rust through the hull of the boat is in the one place up the front as in the photo shown from what I can tell studying the rest of the photo's I received .
paid $3500usd , but I live in New Zealand so the real cost will be in moving it , so just wondering if maybe a better example worth more needing less is more logical way to justify the cost of getting it here ( about 14,000 U.S from enquires ) door to door