Cruisers Forum
 


Join CruisersForum Today

Reply
 
Thread Tools Rate Thread Display Modes
Old 28-06-2016, 18:22   #1
Registered User

Join Date: Apr 2013
Location: Daytona Beach, FL
Boat: Pearson 36-2
Posts: 37
Survey Decision Based on Price of Yacht

Is it a bit silly to pay for a survey on a boat listed for $9,000?

I am looking at a 1984 34' Watkins. I'm leaning towards yes only because I don't know hardly anything about this manufacturer. The text in the description states:

"1984 Full keel heavy cruising sloop. Rock solid WATKINS with thick gelcoat and
NO blisters. Beam 11.5'
Draft 4.5', cabin headroom 6'4", 60 gal fresh water. Main - 1 yr old., jib 3.5 yrs. old, new main sail cover, YANMAR 3 cylinder 20 hp. diesel, engine rock solid perfect, new water pump. 2nd owner. Brand new jib . New Raw water pump! Engine is fresh water cooled.
in bag never been used. Nice wide and long bow sprit and bow rail for anchoring. Priced to sell, snooze you loose. Cosmetically she needs awl grip paint on sides, red and blue stripe need paint also. Bottom paint needed. Needs interior cushions recovered. Needs new teak and holly cabin sole, some interior woodwork. Engine excellent, hull and rigging are ROCK solid. on. Extas on boat, prop, tools, parts,new jib sail, etc. 2 newer anchors plus 140 of very heavy chain, new spare jib in bag, ALL WORTH thousands of dollars."


Would appreciate thoughts and opinions.
__________________

__________________
molo0928 is offline   Reply With Quote
Old 28-06-2016, 18:30   #2
Registered User
 
Orion Jim's Avatar

Join Date: Dec 2008
Location: Noank, Ct. USA
Boat: Cape Dory 31
Posts: 1,075
Images: 6
Re: Survey Decision Based on Price of Yacht

Hire a surveyor, most of the description is pure bull.
__________________

__________________
Orion Jim is offline   Reply With Quote
Old 28-06-2016, 18:37   #3
Senior Cruiser

Cruisers Forum Supporter

Join Date: Feb 2012
Location: Carrabelle, Florida
Boat: Self-built 44' steel trawler
Posts: 873
Re: Survey Decision Based on Price of Yacht

Is she in the water and available for a test run? Do you have a couple of knowledgeable friends who own boats and can look her over for you? Are you the sort of person who takes a used car to a mechanic before purchase? Just looking at the ad, how did all that woodwork get messed up? Flooding? Salt water that reached the wiring? Does that Yanmar run? Electronics? What has this boat been doing since 2008? The more I think about it, the more I lean toward saying yes, a survey is in order. Remember, she may have a new X and a new Y, but most of her is 32 years old.
__________________
tkeithlu is offline   Reply With Quote
Old 28-06-2016, 18:44   #4
Senior Cruiser

Cruisers Forum Supporter

Join Date: Feb 2012
Location: Carrabelle, Florida
Boat: Self-built 44' steel trawler
Posts: 873
Re: Survey Decision Based on Price of Yacht

OK, I should not dash off a post before carefully thinking it through. I've read the ad again, and I smell neglect combined with water entry. Inspect her yourself, and decide whether she's worth surveying or is a project you don't need.
__________________
tkeithlu is offline   Reply With Quote
Old 28-06-2016, 18:54   #5
Registered User

Join Date: Apr 2013
Location: Daytona Beach, FL
Boat: Pearson 36-2
Posts: 37
Re: Survey Decision Based on Price of Yacht

Quote:
Originally Posted by tkeithlu View Post
OK, I should not dash off a post before carefully thinking it through. I've read the ad again, and I smell neglect combined with water entry. Inspect her yourself, and decide whether she's worth surveying or is a project you don't need.
I appreciate the double look. I frankly have zero experience with trying to decide on a good deal vs. a POS. I am looking for a 31-36' boat to gain experience for the future; something solid for day sailing and weekend trips, eventually a trip to the Bahamas from Daytona Beach.
__________________
molo0928 is offline   Reply With Quote
Old 28-06-2016, 19:01   #6
Registered User
 
Sea Dreaming's Avatar

Join Date: Sep 2015
Location: Whoo! Finally made it back to Mexico!
Boat: Cheoy Lee Offshore 38
Posts: 1,450
Re: Survey Decision Based on Price of Yacht

Do you know the boat name? Often if you google the boat name you will get all kinds of gems. One boat we saw listed had a lot work done but the owner blogged about how they bought a derilict boat and were not able to finish the repairs. It put a different light on the listing description.
Another boat we saw was blogged about by someone who wasnt the owner. The blog gave a lovely description of the boat running hard aground.
Just be careful that you varify what you read is really the same boat.
__________________
If toast always lands butter side down, and cats always land on their feet, what would happen if you strapped toast to a cat's back and dropped it? - Steven Wright
Sea Dreaming is offline   Reply With Quote
Old 28-06-2016, 19:26   #7
vjm
Registered User

Join Date: Apr 2009
Location: Florida
Posts: 313
Re: Survey Decision Based on Price of Yacht

Quote:
Originally Posted by molo0928 View Post
I appreciate the double look. I frankly have zero experience with trying to decide on a good deal vs. a POS. I am looking for a 31-36' boat to gain experience for the future; something solid for day sailing and weekend trips, eventually a trip to the Bahamas from Daytona Beach.
If you can't tell the difference, you need a really good surveyor. I used one on a $1500 boat because I knew it would be a more thorough and knowledgeable look at the boat. The list of recommendations has been very helpful in helping me prioritize my repairs.
__________________
vjm is offline   Reply With Quote
Old 29-06-2016, 09:10   #8
Registered User

Join Date: May 2013
Posts: 447
Re: Survey Decision Based on Price of Yacht

With that description, it may be worth more parted out. It sounds as if there was a lot added to a questionable foundation and 10K worth of work just based on the description. Watkins made a solid boat, but if you like it, invest in a survey so you know what you are getting into. The purchase price is only the beginning on an in the water boat purchase. Unlike the other poster I would like to believe the seller is being honest and disclosing up front, and obviously sold the good before the bad. Does not sound like BS, though. Some people spend money first on what is obtainable at the time as opposed to what is needed the most.
__________________
tdoster is offline   Reply With Quote
Old 29-06-2016, 09:44   #9
Registered User
 
Sailorman Ed's Avatar

Join Date: Jun 2010
Boat: Polynesia 40/42
Posts: 685
Images: 15
Send a message via Skype™ to Sailorman Ed
Re: Survey Decision Based on Price of Yacht

Molo - can you post a link to the ad? Not a terrific deal but not out of line either. Remember this is a 30+ year old boat. I would at least look at it before you invest in a surveyor. Take a friend to get a second opinion. Look EVERYWHERE !!! Then invest in a survey but the survey will likely NOT check the engine, trans or rigging. They will list 20 stupid minor things you and your friend will be able to see yourself.
Good basic boat and nice draft for FL & Bahamas. Likely will have some electric issues to sort out, buy a new charplotter and batteries.
CAREFULLY check the transmission and standing rigging. I suspect a good learning boat as you were mentioning.
__________________
Sailorman Ed is offline   Reply With Quote
Old 29-06-2016, 10:38   #10
Registered User

Join Date: Mar 2011
Location: fl- various marinas
Boat: morgan O/I 33' sloop
Posts: 1,100
Re: Survey Decision Based on Price of Yacht

Having lived in Daytona have you thought through where you would sail it? The Halifax is just not that wide. You are a long way from ocean access and the nearest marinas with good access are well south of you. You might consider a 20' or so daysailer if you plan to sail the river.
__________________
Dave22q is offline   Reply With Quote
Old 29-06-2016, 10:48   #11
Registered User
 
Cadence's Avatar

Join Date: Dec 2008
Location: SC
Boat: None,build the one shown of glass, had many from 6' to 48'.
Posts: 6,066
Re: Survey Decision Based on Price of Yacht

If you know anything about glass boats and are only paying $9,000. I would skip the cost of a survey. If you were paying $90,000 not a chance.
__________________
Cadence is offline   Reply With Quote
Old 29-06-2016, 11:02   #12
Registered User

Join Date: Apr 2013
Location: Daytona Beach, FL
Boat: Pearson 36-2
Posts: 37
Re: Survey Decision Based on Price of Yacht

Quote:
Originally Posted by Sailorman Ed View Post
Molo - can you post a link to the ad? Not a terrific deal but not out of line either. Remember this is a 30+ year old boat. I would at least look at it before you invest in a surveyor. Take a friend to get a second opinion. Look EVERYWHERE !!! Then invest in a survey but the survey will likely NOT check the engine, trans or rigging. They will list 20 stupid minor things you and your friend will be able to see yourself.
Good basic boat and nice draft for FL & Bahamas. Likely will have some electric issues to sort out, buy a new charplotter and batteries.
CAREFULLY check the transmission and standing rigging. I suspect a good learning boat as you were mentioning.
SAILBOAT 33 - sloop cruiser, 1984 Watkins
__________________
molo0928 is offline   Reply With Quote
Old 29-06-2016, 11:04   #13
Registered User

Join Date: Apr 2013
Location: Daytona Beach, FL
Boat: Pearson 36-2
Posts: 37
Re: Survey Decision Based on Price of Yacht

Quote:
Originally Posted by Dave22q View Post
Having lived in Daytona have you thought through where you would sail it? The Halifax is just not that wide. You are a long way from ocean access and the nearest marinas with good access are well south of you. You might consider a 20' or so daysailer if you plan to sail the river.
I would ocean sail her and try for a slip a whole lot closer to the inlet than Halifax Harbor.
__________________
molo0928 is offline   Reply With Quote
Old 29-06-2016, 11:35   #14
Registered User
 
denverd0n's Avatar

Join Date: Jun 2008
Location: Tampa, FL
Posts: 3,953
Images: 6
Re: Survey Decision Based on Price of Yacht

A Watkins 34 with an 11.5' beam? I cannot find any evidence that Watkins ever built a boat with those dimensions. They built 33' and 36' boats in the mid-80s, but even the 36' boats only had a 10.5' beam.

Frankly, I would just walk away. There are a LOT of boats available in Florida, in all shapes and sizes, all different degrees of repair, and at all price points. This one just sounds like more trouble than it is worth.

Now, as to your original question, at what point is it worth it to pay for a survey? That's really something that only you can answer. If the survey is going to cost a substantial percentage of the selling price, I would say you really have to think about it hard. Beyond that, it's a matter of how much you can determine for yourself, and what you are willing to risk. There are a lot of threads here about doing a self-survey, and I would suggest you search the forum and read them. Perhaps you can learn enough to examine the boat yourself, and get a better feel for whether you want to proceed with a survey.

Good luck.
__________________
denverd0n is offline   Reply With Quote
Old 29-06-2016, 16:10   #15
Registered User

Join Date: Apr 2013
Location: Daytona Beach, FL
Boat: Pearson 36-2
Posts: 37
Re: Survey Decision Based on Price of Yacht

I really appreciate you sharing your thoughts denverd0n. And that goes for everybody else.

Is there anything wrong with a production boat for what I'm trying to do? The furthest I want to go is the bahamas. I'd like something with some character but at the same time I don't want to break the bank for a first boat. My budget cap is the $25-30k. Maybe something that needs a little refinishing but not a total overhaul.

Sent from my SM-G935V using Cruisers Sailing Forum mobile app
__________________

__________________
molo0928 is offline   Reply With Quote
Reply

Tags
price, survey, yacht

Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
No insurance, no survey - no survey, no insurance cyclepro General Sailing Forum 45 15-08-2016 07:00
Survey valuation versus typical sale price? FollowingCs Multihull Sailboats 35 25-06-2016 14:38
critical decision before criticizing decision slowpoker Atlantic & the Caribbean 23 29-12-2011 07:35
2007 Fuel Price Survey knottybuoyz Forum Tech Support & Site Help 4 24-02-2007 11:18



Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -7. The time now is 15:27.


Google+
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.

ShowCase vBulletin Plugins by Drive Thru Online, Inc.