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Old 14-10-2011, 07:38   #61
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Re: The REAL Cost of an Older Boat . . .

Buying older and refitting works if you have the time and/or can aquire the skills, my problem is I have no time or money to aquire either
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Old 14-10-2011, 07:53   #62
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Re: The REAL Cost of an Older Boat . . .

Greetings and welcome aboard the CF, Simcoe sailor.

Would that be Lake Simcoe, in Ontario?
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Old 14-10-2011, 08:08   #63
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Re: The REAL Cost of an Older Boat . . .

Yes it would be I sail out of Lagoon city Yacht club
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Old 14-10-2011, 08:11   #64
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Re: The REAL Cost of an Older Boat . . .

Quote:
Originally Posted by Simcoe sailor View Post
Buying older and refitting works if you have the time and/or can aquire the skills, my problem is I have no time or money to aquire either
In that case, you probably should not get a boat.
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Old 14-10-2011, 08:28   #65
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Re: The REAL Cost of an Older Boat . . .

Probably not but I still have one and hope the money or skills show up. I think you can buy an older boat in decent condition and have alot of fun with it. Many people buy one, load it up to cruise the 7 seas and never leave the lake. So if you stay within reality you can do alot
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Old 14-10-2011, 09:10   #66
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Re: The REAL Cost of an Older Boat . . .

Quote:
Originally Posted by Simcoe sailor View Post
Buying older and refitting works if you have the time and/or can aquire the skills, my problem is I have no time or money to aquire either
Then you are pretty much fooked Still, they say "Ignorance is bliss"




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From what I've gleaned over the years, the cost effective scale generally goes (from best to worst).

Buying old and well maintained, fitted
Buying old and needing refit - That works very well if you like doing that (I do!).
Buying new

The second choice may not always be the most cost effective, but it's usually the most fun.
"Cost effective"?.........I use Enron style Accounting. Apparently she costs me $10 a year
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Old 14-10-2011, 09:12   #67
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Re: The REAL Cost of an Older Boat . . .

The real cost of an older boat is measured in....

Blood, Sweat and Years

I'm in the middle of restoring my second older boat. I figure it is a 5 year project. And I'll spend about twice what I paid for it. But then again I got it for about 40% of the going price.
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Old 14-10-2011, 09:29   #68
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Re: The REAL Cost of an Older Boat . . .

bought my neglected poorly refit formosa and within 3 yrs i was sailing her. for one of those years i sailed opb in gulf of mexico. there are NO rules to acquisition and cruising.
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Old 19-10-2011, 18:56   #69
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Re: The REAL Cost of an Older Boat . . .

I do it because it takes me where I want to go at a price and can afford now.

If I could afford a new 500K catamaran instead of my 25K used monohull, I'd do it in a second, but I'd rather be out cruising the Bahamas now in a boat I can afford than sitting through an Iowa winter dreaming about sailing the Bahamas in a boat I can't afford.

I bought my first cruiser for 11K and 5K in maintenance over 7 years represented even a better cruising value.
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