in the usa you wouldn't fix that, you would either part it out and recover most of the boats cost, buy another hull or buy another supercat
Right, much like you do with the cars, they are saved only when truly loved by the owner, which could be the case, I guess.
Here we have different price structure, tax regime, labour costs and availability of parts/boats. As a consequence, the rational decision is often different, even if the boat's state is about the same.
Cheers,