Originally Posted by Cheechako
The "much of a boat" part often includes condition or completeness, rather than well made design I think.
-I bought a 1985 44 cutter
for $65k. By the time I had it done I had $115k in it... and 2 years of work.
-That is typical for most boats I had.
So I think one has to revise how much you can buy a boat for by adding $ to completion in order to fit your budget
For a 35 ft Blue water
boat at $20k budget
, you may need someone to give you a boat and also hand you about $20k with it.
Why does it have to be either or. You talk as if the budget to buy is all you wish to put into the boat and yet you spent 65K and then put an additional 50K in it over 2 years. So your 'much of a boat' entry price
was $65K for a 44' machine, then added $50K to that over two years and (apparently, you didn't really say so) have a nice 44' boat that you know and love.
I am finding a ton of boats from 34'-38' for under $25K that are in the water and apparently being lived in / used. Now I understand that my best bud claims that if I bought that I would have to invest an additional $125K to even be able to get it splashed but really, your experience says otherwise. It certainly sounds as if you got a solid machine for well under the 'equivalent new' and if you performed repairs
in the correct order, I would assume that it could sail before the two years were up.
So why do I need someone to hand me $20K and a free boat to get there?
NOT that I am discouraging anyone from doing so!
Or you need to find a basic boat that is solid with good sails, no defects. Add nothing and live like you're cruising in 1960; no refrig, no gps, row your dingy, navigate by charts, hand pull your anchor, get water ashore, etc. Which is entirely possible to do.
No, I need to find a good boat and then this month add an anchor winch
(if that is missing) and then next month add a GPS
(if one is missing) and then the month after add a dingy (if one is missing). I am an engineer
so I make lists of tasks, then prioritize the tasks, then DO the tasks. So if I am going to live on hook the dingy will be first and the anchor winch next!!!
I think folks with too much money
can't live and be comfortable until they have the floating Mercedes all tricked out and ready to step aboard.
I bought A 10 year old Mercury
Grand Marque with 68K miles on it in STELLAR condition for $4000. It was 10 years old. Nobody would pay more than $4000 for it so that what it was put on the market for. It was owned by three "old people" and cared for well, driven to church and back. I could have paid $50K for a new one but I didn't. I did NOT get a $50K car, I got a VERY NICE ten year old $4000 car with 68K miles on it, which I have driven for 6 years now and enjoyed the heck out of.
So my friend's opinion to the contrary, real boats exist that people have loved and cared for and now need to sell, and they are old, and the owners aren't going to get new prices for. But they are nice boats. Sure, they need stuff done to them. But unlike my friend, I could care less if they are "like new". I want a comfortable boat that I can live on and enjoy. As I have told every one, it has to float, motor
and sail, RIGHT NOW. And I am not going to buy a boat that is on the hard
and needs $50K to splash. If it won't do all those things I'm not interested. Beyond that if it is truly trashed I'm not interested. I'm looking for my Mercury
Marque on the water, old, lots of miles, well loved and cared for.
They do exist. And I expect to spend money
keeping it floating, sailing and motoring.
And well loved and cared for.