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Old 24-02-2009, 00:18   #1
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Anything wrong with these boats? They seem too cheap

What do you think?

1987 O'Day 322 Sail Boat For Sale - www.yachtworld.com

1985 Newport 33 NEWPORT SLOOP Sail Boat For Sale - www.yachtworld.com

1984 Hunter 34 Sail Boat For Sale - www.yachtworld.com

1983 Hunter 34 Tall Rig Sloop Sail Boat For Sale - www.yachtworld.com

1983 Hunter Sloop Sail Boat For Sale - www.yachtworld.com
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Old 24-02-2009, 03:06   #2
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I do not think they are too cheap at all.

It does look like the O'day has had the most cosmetic TLC, but I suppose the surveys would tell a better tale.
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Old 24-02-2009, 04:46   #3
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Of course there is something wrong with them. All boats have something wrong with them. Lots of boats around in that price price for the size, which drives down price. But you need to ask the question of the brokers and hope they give a true answer before you waste your time going to look at them.
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Old 24-02-2009, 04:48   #4
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They all look fine, have them surveyed, figure there are things to fix, and go enjoy them. A new 33 footer costs about $200k.
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Old 24-02-2009, 05:58   #5
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I dont think any are any great bargan- I think you can find them cheaper in this economy- in the next 6 months everything is going to become much cheaper as more folks sell what they dont need to make it- so expect really good prices this year by end of summer or fall-
just wait ans see - then buy!
Boats this old ,I dont think can be insured and that means no bank will loan on them so only cash will buy them- this will also cut deman and drive prices down
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Old 24-02-2009, 06:16   #6
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Boats this old ,I dont think can be insured and that means no bank will loan on them so only cash will buy them- this will also cut deman and drive prices down
FWIW:

We bought a 1974 Westsail with a 60% loan in 2004, mostly to keep cash for upgrades and repairs. As I remember it took a little shopping around. We ended up getting the loan from a local bank branch after walking in on a whim. Previous calls to national loan centers proved fruitless.

Insurance was easy to find, again from a local brokers office. National insurance companies won't give hull coverage, only liability (though liability is good enough for most marinas).
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Old 24-02-2009, 06:55   #7
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Remember, those are just the askig prices, if you are not in a hurry, and like any of these boats, low ball the hell out of them, you never know when some disater befalls either the owner or salesman (car broke down, new roof for the house, etc..), and low and behold, you get a call and the real haggling starts.
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Old 24-02-2009, 09:39   #8
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Our boat is 35 years old and is fully insured and when we initially bought the boat we had a loan. With a clean survey you will have no problem financing or insuring.

And...the way we are printing money I wonder how long it will be before inflation roars back?
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Old 24-02-2009, 11:41   #9
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I bought my 1987 O'day 322 back in june of '08 and had no problem finding insurance.

I am partial to the O'day on your list for obvious reasons I will say that the 322 sails very nice and is laid out very nicely down below.
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Old 24-02-2009, 11:47   #10
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You could expect to see those boats in the 15,000 range or even less if you shop a little harder.
I am intensely shopping and have been for a while.
I spend several hours a day.
What holds my interest the most for my style is the Westsail 32.
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Old 24-02-2009, 15:36   #11
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Man this forum is such a great resource! I thought they were all too cheap because people had told me a boat would cost 70k for what I wanted, and all of these guys seemed to fit the bill (right size, not too old).

Cool!
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Old 24-02-2009, 17:22   #12
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Don't know what your intended use is. But, we sailed our '83 Hinter 34 through the Bahamas and eastern Caribbeaqn for 2+ years. She served us well. When we bought her, she was 16 years old, we paid 25K, and she was in excellent basic condition - we did a lot of expensive cruising upgrades which pretty much doubled her cost. Does this mean that any of the boats on your list are bargains? Dunno - it all depends on condition and intended use.
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Old 24-02-2009, 17:49   #13
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Quote:
Originally Posted by endoftheroad View Post
You could expect to see those boats in the 15,000 range or even less if you shop a little harder.
I am intensely shopping and have been for a while.
I spend several hours a day.
What holds my interest the most for my style is the Westsail 32.
The "Wetsnail" 32 is an awesome boat. You see them everywhere. Very seaworthy, safe and solid. A bit slow, though that's a trade off.
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Old 24-02-2009, 18:04   #14
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Man this forum is such a great resource! I thought they were all too cheap because people had told me a boat would cost 70k for what I wanted, and all of these guys seemed to fit the bill (right size, not too old).

Cool!
Please forgive me for not knowing how to do the "link" thing.

Go to Charleston, SC Craigslist boat section and search sailboat.
There is a 30' O'day for $12,000 obo and a 33' Hunter for $12,500 obo
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Old 24-02-2009, 18:19   #15
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One uppmanship?????

1977 O'Day 32' in Sarasota for $10K on Craigslist. Do I hear more?
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