It's obvious that £16,000 is not the boats true market value! How can a nearly boat that has had £70,000 + spent on it be worth £16,000??
A Gardner 2LW will set you back about £12,000, you can add another £3-4 k for fitting it, then theres a £7k paint job, a shell which will be around £35,000, with steel prices today you would pay even more. The back cabin, sprayfoaming, etc. The list goes on.
I have no doubts in my mind there is something dodgy about this deal, how come none of the creditors knew about this auction? How come nobody on the internet has mentioned it. And why was it was sold to someone who has very close connections to Mr. Rimmer?