Originally Posted by belizesailor
If you want to keep the initial purchase
cheap you could buy an older boat, like the listing you found, that needs some work and fix it up over time. This would spread out the expenses, but in the end you will almost certainly spend more money total than just buying
a serviceable boat to begin with.
And especially if you don't know what you are looking at before purchase (Google / CF is your freind!).
Not to say that buying a fixer upper is not a good way to go - especially if that is the only way to pay for a boat, but there is a higher cost involved in effectively spreading the full cost over time.
But FWIW, I think OP is on the right track
. For a first small boat I would:-
1) Agree a price
, subject to a testsail
2) Testsail to ensure that boat doesn't leak like a seive (or sink!)
3) Testsail to ensure that sails
go up (and fit!) and have no holes in 'em!
4) Testsail to ensure that the engine
works (if any).
5) Testsail to ensure that keel
drops (and raises!)
Obviously if the boat is a complete steal then may want / need to omit the testsail - but I would only do that if I could then live with the boat later meeting Mr Chainsaw and his freind Mr Skip (minus any useful bits!).
Don't mean that can't accept less than perfect, but IMO starting off with something that at least works will save time / money / aggro overall - even if the price
of that is initially not venturing too far from shore (within swimming distance?!).
The best way to "save" money is to buy well (low price and
in reasonable condition). Always plenty of deals around (so don't get hung up on "missing" a deal), and on the small stuff at low value Vendors can also be motivated by a desire (or need?) to simply get shot of the boat - price being rather secondary.
Oh, and the more boats you look at (including those not for sale
- just pretend!) the better will be able to judge a boat's condition / worth. Would also be a good idea to get a catologue (Paper or Website) that has prices (and pictures!) of small boat / dinghy parts
- so you have a reference point for costing things up (lots of small prices = a big price
).....and whilst you may be intending to buy bits s/h, not always possible to do that when you want.