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Old 27-12-2015, 23:44   #16
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Re: Need help on first sailboat purchase expenses

To add a few things, especially as it's your first boat, so you won't likely have some of these items around:

*** First: A bottle (well 3+) of champagne to christen her with. Hooray!!!! ***

- Ship's liquor cabinet: A bottle of Rum, & other Spirits. Plus a few of Wine, & case of beer (always onboard)... for "medicinal purposes". -> By Law.
- A Toolbox, plus Tools for the boat (which remain onboard). Say $300 - $500 to start
- Toolbox for, & including: Spare fasteners, small tubes of bedding compounds, epoxies, hooks, fixtures, light bulbs, sandpaper, shim stock, pieces of wood & plywood, G10, pieces of rubber sheet (AKA mobile "junk drawer").
- Packing, plus a packing puller.
- Oil absorbers/spill kit.
- Spare Engine Oil & Fluids. Ditto on hoses, & or a patch kit for same.
- Basic Engine spares: Impeller, filters... Your manual, plus common sense will guide you.
- Damage control kit. Especially including soft wood plugs for alll of your through hulls, twice over.
- Binder(s) for all of your shipboard equipment manuals. Plus notebooks, notebook paper, etc.
- Ship's log
- Navigattion kit/tools. So that you can use those paper charts: Compasses, Protractor, Rolling Ruller, Parallel Rulers, Triangle, Starfinder. Pens, Pencils, Highlighters...
- Navigational Publications: Rules of the Road, Light Lists, various books which accompany charts/chart kits
- Binoculars, Hand Bearing Compass, Flashlights, Sound Signals, Flags
- Spare/replacement Running Rigging: A couple of halyards, spare set of sheets, some spare blocks & shackles, 100'+ of smaller diameter lines (10mm & under). One or more Long warps/spare anchor rodes (100m of 12mm or larger diameter). Thimbles, nicopresses, other rigging bits.
- Extra Foulies & Warm Clothes for company
- Pots, Pans, Utensils & Galley Gear. Also; Plates, Bowls, Cups/Mugs, Napkins, etc.
- Minimum Galley Fitout: From tea, to snacks, plus 2+ weeks of canned/long term provisions to be permanently left aboard.
- Head/Bath fit out. Towels, Soaps, Tooth Brushes, TP, etc.
- Basic linens, plus a couple of sleeping bags, minimum - as bedding, & to warm the hypothermic.
- Basic medical kit (or intermediate to advanced, as training & budget allow/dictate).
- A few novels, decks of cards, & board games.
- Music, & a way to play it.

There's more, but it's time for me to go lights out. Basically, enough gear for a weekend cruise with a bit more comfort than camping. Plus the requisite safety & navigational items. And some of the fun + creature comforts of home.
It seems like a lot, but then the boat is your 2nd home, but with more features & mandatory items for operation.


PS: It's just my $0.02, but a rigging & engine inspection are definitely worth having done. They can save you Big headaches, & or dangerous situations, initially.
Also, Definitely get your fuel polished & your tanks cleaned, first thing after getting her signed over to you. Before you go Anywhere.
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Old 28-12-2015, 12:00   #17
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Re: Need help on first sailboat purchase expenses

Your Engine overheating problem,when do you plan to fix this??
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Old 28-12-2015, 12:21   #18
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Re: Need help on first sailboat purchase expenses

Factor in 25-30% of purchase price
Plus:

Sails
Below-deck decors
Hull polishing, anti-fouling
New rigging (every 12-15years)
New upgrades and additional equipment
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Old 28-12-2015, 15:09   #19
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Re: Need help on first sailboat purchase expenses

Quote:
Originally Posted by er9 View Post
I am going to be putting an offer on this sailboat (my first) this coming week and am pretty confident it will be accepted.
Sounds like you are offering too much. You can always offer more.
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Old 28-12-2015, 19:30   #20
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Re: Need help on first sailboat purchase expenses

Quote:
Originally Posted by UNCIVILIZED View Post
To add a few things, especially as it's your first boat, so you won't likely have some of these items around:

*** First: A bottle (well 3+) of champagne to christen her with. Hooray!!!! ***
Now we're talking. wow how did i forget that?

thank you for the suggestions. there are a bunch on your list i hadn't thought about. i will consider most of them post purchase once iv'e gotten it into my slip. there will be a 100 mile sail to get it there though and there are a few items you mentioned i will need.

thank you for your opinion on the surveys. i will definately reconsider them if i can afford them. unfortunately money is playing a big factor in how far i can go with surveys. iv'e worked incredibly hard at educating myself over the past couple years ( a lot of it hands on) about sailboat systems. i'm hoping the experience iv'e gained will make up for some of what i cant afford.
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Old 28-12-2015, 19:39   #21
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Re: Need help on first sailboat purchase expenses

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Originally Posted by keninmed View Post
Your Engine overheating problem,when do you plan to fix this??
well my plan was...if i end up with the boat. once i take ownership...fix the over heating problem myself at the marina its currently in. once iv'e done this and i'm confident its fixed, sail it to my marina. i'm adding in a months slip fee's at purchasing marina and about $750 extra for mechanical costs. there is only so many possible causes for an overheating engine. the worst being a blown head gasket or a warped head. i know how to tell if this is the problem. my friend just had this problem on her engine and iv'e dealt with it with automobiles. if its not a head or gasket then i can afford to fix it myself within a few weeks. in total i have about $1000 set aside for engine issues. if its a head gasket or warped head i will know during the sea trial. i've already deducted $10,000 from the asking price for my bid so i can afford to deal with the engine later. it needs a complete re-build...no question.
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Old 28-12-2015, 19:44   #22
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Re: Need help on first sailboat purchase expenses

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Originally Posted by hamburking View Post
Sounds like you are offering too much. You can always offer more.
interesting...i agree i'm going to lower my offer. its been for sale for a while and i'm not sure anyone else is looking at it. its a boat thats very well built but very much under the radar. not much for eye candy unless you know what you are looking at. a very nice little bluewater boat. i looked it over for months and months before one day realizing how awesome a sailboat it really was. then i saw it in a whole new light. now i want it if its structurally sound....seems to be but survey will help determine that.
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Old 28-12-2015, 20:48   #23
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Re: Need help on first sailboat purchase expenses

Hi, I am in the first year of ownership in which I am redoing my boat as you plan to do.The difference is that I bought a 1977 Irwin for $3000...If you are going to redo the motor, rigging and all else, why pay $20,000 for a boat to spend another $20,000 to refurbish.
Doing the work yourself is the only way to go with this...FWIW look for a cheaper boat and REDO her! It'll be your boat and believe me when I tell ya, as you see how things are done on the boat you will want to redo them correctly and for the long term haul.
I wish you luck with your purchase and all the after the fact issues that arise.
BTW, what type/make sailboat are you looking at???
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Old 29-12-2015, 09:23   #24
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Re: Need help on first sailboat purchase expenses

I had to take a big chunk of change out of my retirement accounts to pay for the boat. It doesn't seem like that will be the case with you but in the US if you take funds out of accounts that you did not pay tax on when they went in (like 401k or IRA) you will have to pay taxes on the amount withdrawn. And that may or may not put you in a higher tax bracket for your entire tax return with all incomes. It can be a major chunk.
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Old 25-01-2016, 21:19   #25
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Re: Need help on first sailboat purchase expenses

Quote:
Originally Posted by mrlee View Post
Hi, I am in the first year of ownership in which I am redoing my boat as you plan to do.The difference is that I bought a 1977 Irwin for $3000...If you are going to redo the motor, rigging and all else, why pay $20,000 for a boat to spend another $20,000 to refurbish.
Doing the work yourself is the only way to go with this...FWIW look for a cheaper boat and REDO her! It'll be your boat and believe me when I tell ya, as you see how things are done on the boat you will want to redo them correctly and for the long term haul.
I wish you luck with your purchase and all the after the fact issues that arise.
BTW, what type/make sailboat are you looking at???
sorry lost track of this thread. just purchased the boat. a 1980 Mariner36 (peter canning mariner). i ended up paying $15k total.

the reason i was so interested in this boat is one could make an argument that in its day it was near the top of the list in build quality. this boat in particular, even with its engine problems and fact it needs hull painted is in exceptional condition for the price i paid and for the price range i was shopping in. i honestly dont think i could have done much better at the price i paid.

over the next two to three years i plan to do 90% of the work myself. for experience to save as much money as possible and for peace of mind.

it will be worth it to me because i went into this sale knowing that if the bones of this boat were solid...once upgrades and repairs were done this was a boat that can take me around the world.
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Old 28-01-2016, 14:38   #26
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Re: Need help on first sailboat purchase expenses

Congratulations on getting your boat!

I've had a slight delay in mine, the ear specialist had put me on a waiting list after all. What a time for the appointment to drop through my door. /sigh
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