$40,000 k ...is not as big a stack of 100's as you might think it is to purchase
a well-found vessel capable of extended cruising
. ( Sailing from NC or Annapolis
to the Bahamas)
You're probably talking about a vessel that is at least 20 years old. John Neal has a good book out there to give you an idea of vessels capable of meeting this agenda as well as the things you need to consider. " Offshore
I own a 23 year old 34 sabre
that's been to Bermuda
but I wouldn't let it go for less than 60k....
In my opinion, and it's only my opinion, you may find a suitable vessel for that price
but may have to invest another $ 20 k or more to get her ready to go to sea.
I'd certainly want a sound engine! And newer sails
, halyards etc. You don't want things breaking in the Gulf Stream
. You don't want to be doing someone elses deferred maintenance
at a time not of your choosing.
Extra Things, you'll need, or want to consider.
SSB---essential for communications
handheld and ships radio
A good Dodger! for those breaking seas.....staying dry is important..
There's a great Safety
at Sea seminar given at the Naval Academy each year I'd highly recommend it. The BOR safety
requirements are worth reading.
I'd also suggest gaining experience on as many vessels as you can. Maybe taking an offshore
class or two...coastal cruising...advanced coastal cruising..etc...
I'm not trying to discourage you, rather, letting you know that the more you sail offshore or on extended cruises the more you'll know what you want and need from a vessel.
Good Hunting! Safe Sailing!