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Old 08-05-2012, 13:36   #1
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How bad would this one be: 2003 Lagoon 410

As I'm dreaming of sailing in a few years, I've been browsing listings to see what is even possible. This boat jumped out at me.

So that's about $130K USD at current rates. That is FAR below anything else I've seen in that size and year. So the question is: how bad can it be? For that price, are you basically replacing everything and starting over? Does it mean buying most of the boat over? Or is it more likely stuff that an average person could do with lots of elbow grease and ingenuity? How much is it likely to cost to get it up and going?

I know you can't answer specifically without seeing it, but based on past experience, what are the most likely problems to make this boat this cheap?
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Old 08-05-2012, 14:25   #2
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Re: How bad would this one be: 2003 Lagoon 410

Are you sure its a 410? Looks like a 380 to me, I know someone who skippers a 410 and the main helm is raised up almost like a flybridge, not in the rear cockpit.

Putting that aside, still ALOT of boat for the money and unless the sails are ripped and the engines knackered, has to be a good buy.
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Old 08-05-2012, 14:31   #3
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Re: How bad would this one be: 2003 Lagoon 410

I agree it does look like a 380, but still cheap at that.. hull looks a little worn for the age, but not bad at all. I would definately put it on my list if i was pulling a trigger today.
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Old 08-05-2012, 14:42   #4
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Re: How bad would this one be: 2003 Lagoon 410

Gosh that looks cheap, love to see what is really wrong with it.

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Old 08-05-2012, 15:33   #5
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Re: How bad would this one be: 2003 Lagoon 410

This one was already brought up and shot down.
2003 Lagoon 410 for $128K!
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Old 08-05-2012, 17:19   #6
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Re: How bad would this one be: 2003 Lagoon 410

The reason I asked is it will be years before I can actually get a boat of this type (for reasons discussed in another thread, basically my money is not liquid for at least 9 years). So getting a boat that's beat up but can be fixed with patience and hard work would be a great project for me. But if it's more typical that it needs new engines, new sails and new hulls, where it's all about the money for parts and material and not the actual work of fixing it, then there's no point in buying ahead and having it sit only to buy all the stuff later.

EDIT: If I could get in cheap enough, I may be able to get in the water in less time. The current plan is to just rent for a week or two each year.
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Old 08-05-2012, 18:04   #7
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Re: How bad would this one be: 2003 Lagoon 410

There is also the cost of just owning the boat that you can't even sail because it just needs too much stuff, now. like marina fees, maintenance, insurance, etc. If you antifouled or rigged it now then you would just have to do it again and again during the 9 years when you could use it. Engine R&R is $200 to $400 per 1 horsepower. A Yanmar eqivalent to that boats Volvo is $11,690 per each. That does include saildrive but doesn't include a whole bunch of stuff like labor. KACHING$. New sails are $10 to $20 per sq. ft. If you do this just make sure that you added in all the little things along with the big things and then multiply by 2. Make that 4. No...wait, 6........wait..........................
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Old 08-05-2012, 23:54   #8
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Re: How bad would this one be: 2003 Lagoon 410

As Sand Crab mentioned, this boat was already discussed. Required a good bit of elbow grease and enough cash to equal the buying pricing. The cat is a Lagoon 410.
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