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Old 06-02-2018, 22:55   #31
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Re: Best sailboat to buy and use for 2 years (and get as much money back as possible)

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Originally Posted by brackebusch View Post
Thanks.

So you suggest older boats with more upgrades over boats coming out of charter?

Given one of the boats you suggest. About how much should I expect to lose? 10% to sell it, plus 20K depreciation? What is a cautious way to look at it. I am not counting that boats in Seattle cost more than boats in the Caribbean - if that comes true - it is a bonus.

I was thinking I 90's boat would require $10,000 of repair. I called a diesel shop and they tossed out that number to replace all the things they could think of. fuel pump, alternator, parts that get salt water on them..(I can't remember exactly - and I am sure they said less than that - I round up so I am not disappointed.)
A trip from Panama Canal to Seattle will cost far more than the premium boats cost in Seattle vs caribean. A new engine for a 90s boat would cost 15-20000 easy. I recently renovated a 1988 43 sailboat and it cost 65000 and nothing for the engine! Ongoing costs of Insurance- dockage - bottom cleaning + Bottom painting +++++++++++++++++++++etcetcetcetcetcetc Just before I finally sold it the damn windvane(Raymarine) went out---cost 150 to discover the problem, 380 for the part, and 250 for a rigger to install it. that's $780 for a simple damn thing but boat would be hard to sell or use without it working. If you want a blue water active sailboat of capability and safety its going to cost both money and work and management skills plus continuing dedication. BET ON IT!!!
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Old 06-02-2018, 23:12   #32
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Re: Best sailboat to buy and use for 2 years (and get as much money back as possible)

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Originally Posted by brownoarsman View Post
I was interested in a similar question when I did a short cruise. Like picklesandjesse, I figured it was better to have an idea of the max you could lose. So, I too bought a small inexpensive boat and then just sold it for less than I bought it (sold within two weeks of making the decision to sell). With that approach, the most you can lose is everything you invested, and you have total control of that amount.

However, that limits you to older, smaller monos. If you want something nicer, you've got to take the risk at resale. Somewhat paradoxically, I would argue that you may not want a boat that has a large, used market, like a Catalina XX. There are so many years of inventory that a potential buyer can always find a cheaper one and try to beat the price up or just buy the cheaper boat. Instead, I would be looking at a multihull where used boats are harder to come by. Older Fboats in particular seem to have very sticky prices on the used market, and if you go for an F31 or slightly larger (Condor 36), location isn't necessarily a constraint, as they can be ground shipped.
Those boats are hard to dock and have very little livable room.
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Old 11-02-2018, 20:58   #33
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Re: Best sailboat to buy and use for 2 years (and get as much money back as possible)

There is one boat in the world right now for sale that meets probably all your criteria. Search the boat for sale listings on this forum for a Rhodes Switsure 34’ sloop, for sale in Ny state. The owner is asking $6500 and it appears to be in very good condition.

For a first boat, this would be like finding the proverbial pot of gold at the end of the rainbow. Or, more suciently, the buy of a lifetime.

I wouldn’t touch a Fat tub of a charter boat with a 10’ pole. Unless you are looking for a floating weekend gin palace, that requires several crew to operate. You would be better served focusing on a proper sea kindly hull, strong equipment list, decent Diesel engine, proper rigging, and good sails. And something that won’t bust your budget. Something you can learn to singlehandly sail and maintain yourself.

Fair winds!

Glenn
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Old 12-02-2018, 08:10   #34
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Re: Best sailboat to buy and use for 2 years (and get as much money back as possible)

Always kinda chuckle when i see these threads -- good questions, economically at least, but nearly impossible to forecast as every vessel/situation is different. But the humor I see is when folks start calling recreational expenditures "loses..." hmmmm... maybe need a different recreation. Someone on this forum says something like; we shouldn't invest more than we can lose -- seems quite cogent to me.
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