Admirals Anchor yacht sales and Marine Buyer beware! Jefersonville Indiana

Buyer beware! Admirals Anchor Marine is not a reputable dealership. We were under the false assumption that you are better off purchasing a boat from a dealership. Not so in this case! We bought a 1996 Wellcraft 260 Excel from Alan Webb from Admirals Anchor Marine in April of 2016 for $16,000. The boat looked clean, the engine ran well, and there were no soft spots apparent anywhere to indicate rot. The outdrive seemed solid in the transom and there were no stress lines in the fiberglass to indicate that it was weak. The cuddy was a bit musty but it had been shrink wrapped during the winter so we were not too concerned. Alan, the salesman, kept reassuring us that they only accept trade-ins on boats that are in great condition and that there were several other couples wanting to purchase this boat if we didn't want it. He said the boat had one owner and traded it in because he wanted to downsize. Ha! The boat looked like a decent deal. Alan wouldn't come down much on the listed price of $16,500. We bought the boat and scrubbed the boat inside and out. We noticed that the aft cabin carpet under the cushion became discolored a few days after it was cleaned. We tore off the carpet and found a wet plywood floor. We tore off the plywood floor to discover water sitting in the hull. We drilled into a stringer and found rotten wood. We drilled into the bulkhead and transom and found rot. The repair will be about $12,000. We sent Alan three emails explaining the situation and we have not heard a word. He is probably on to ripping of the next customer.