Cruisers Forum
 


Join CruisersForum Today

Reply
 
Thread Tools Rate Thread Display Modes
Old 24-05-2010, 19:17   #1
mys
Registered User
 
mys's Avatar

Join Date: May 2010
Posts: 19
Budget for the First Boat

Hi everyone,

My wife and I are ready for fullfill our dream: a sail boat.

I have some sailing experience, as teenager I practiced sailing as sport with good results. In 2003 a sailed as guest in 35 feet from Dominican Republic to Puerto Rico. For years we were saving money to buy our first boat. I have create the budget listed below and I would like to know if it make sense to others.

Budget

25K-35K for a 32-36 feet old-boat in sailing conditions.
15K for repairs and upgrade
20K for 3 years marine fee in Miami( where we live )

Extra we have another 50K for support us and cover the unexpected.


Thanks

mys
__________________

__________________
mys is offline   Reply With Quote
Old 24-05-2010, 19:37   #2
Senior Cruiser
 
DeepFrz's Avatar

Cruisers Forum Supporter

Join Date: Mar 2006
Location: Winnipeg
Boat: None at this time
Posts: 7,930
Did you see this thread?

http://www.cruisersforum.com/forums/...day-41292.html
__________________

__________________
DeepFrz is offline   Reply With Quote
Old 24-05-2010, 20:15   #3
Freelance Delivery Skipper..
 
boatman61's Avatar

Community Sponsor
Cruisers Forum Supporter

Join Date: Jan 2010
Location: UK/Portugal
Posts: 20,210
Images: 2
Send a message via Skype™ to boatman61
pirate

Welcome....

1977 Moody 33 Center Cockpit Sail New and Used Boats for Sale
Seperate masters cabin, center cockpit great builder/designer


1975 Pearson Sloop Sail New and Used Boats for Sale - uk.yachtworld.com
Aft cockpit traditional layout....good design


1981 Island Trader Ketch Sail New and Used Boats for Sale -
Or the romantic long keel look....
__________________


Born To Be Wild
boatman61 is offline   Reply With Quote
Old 25-05-2010, 06:05   #4
mys
Registered User
 
mys's Avatar

Join Date: May 2010
Posts: 19
We aren't looking for boat yet. We just want to know if those numbers sound good to others skippers.
__________________
mys is offline   Reply With Quote
Old 25-05-2010, 07:15   #5
Freelance Delivery Skipper..
 
boatman61's Avatar

Community Sponsor
Cruisers Forum Supporter

Join Date: Jan 2010
Location: UK/Portugal
Posts: 20,210
Images: 2
Send a message via Skype™ to boatman61
pirate

Quote:
Originally Posted by mys View Post
We aren't looking for boat yet. We just want to know if those numbers sound good to others skippers.
Well judge for yourself... what sounds good to me sounds terrible to most on here.. and may to you as well.
Your the only one who can judge... eg Island Trader.. to me great as is..
you may want a new engine.. X amount of geegaws...
You've a great budget.. for what I've posted and 'Island Time'..
You've a crap budget if you want to do a MarkJ or Pelagic..
__________________


Born To Be Wild
boatman61 is offline   Reply With Quote
Old 25-05-2010, 09:16   #6
Senior Cruiser

Cruisers Forum Supporter

Join Date: Aug 2009
Location: between the devil and the deep blue sea
Boat: a sailing boat
Posts: 17,314
Try Pearson 365 and see how it stands against the marina fees for this size in your area. Friends have one and it is a lot of boat for very reasonable money.

b.
__________________
barnakiel is offline   Reply With Quote
Old 25-05-2010, 09:21   #7
Moderator Emeritus
 
Ex-Calif's Avatar

Cruisers Forum Supporter

Join Date: May 2007
Location: Singapore
Boat: Maxi 77 - Relax Lah!
Posts: 11,514
Images: 4
This is a how long is a piece of string question... There are many ways to eat an elephant.

1 - Decide how much money you have and live within those means for the sailing experience you can afford.
2 - Decide the sailing experience you want and create a budget to fulfill

You have a budget. I personally think 36 feet is more boat than you can afford. You talk about being in a marina (where you are) for 3 years so I am guessing coastal cruising and weekending.

I would go with a 27 foot plastic boat - Catalina, Hunter, Ericson etc.

- Handling easier
- Costs easier
- Berthing cheaper
- Hauling cheaper and more locations

Invest in getting it the way you like it. I have a 1982 model 25 1/2 feet (I always count the half - Ha) - I wish I had 27-30 foot max (for now) - after 30 feet I lose a couple of haulout locations around here. 25 (and a half) feet has provided hundreds of hours of joy.

My costs are no real reference for you but over 4 years we have spent about US$500 a month for everything all in. Insurance, berthing, maintenance and upgrades. We spent about 1/3 the purchase price in the first 3 months getting things up to spec.
__________________
Relax Lah! is For Sale <--- Click
Click--> Custom CF Google Search or CF Rules
You're gonna need a bigger boat... - Martin Brody
Ex-Calif is offline   Reply With Quote
Old 25-05-2010, 09:29   #8
Registered User

Join Date: Nov 2005
Posts: 1,156
mys, your budget is sufficient, in my opinion, except that I am not sure 20K is adequate for three years of marina fees in Miami, assuming that you will live aboard. Most likely you will be spending a lot of time away from Miami, in the Bahamas and Florida Keys, and maybe in the Carib as well. (Note that a shoal draft boat, of 5 feet or less is a big advantage in the Bahamas and Keys). So when you are away from Miami, the big variable is how much time you will be in marinas (expensive) vs. anchored out (cheap).

If it were my decision, I would not spend very much time in Miami at all, but would be away in the nearby playgrounds as much as possible, and anchored out most of the time. Maybe using Miami or Ft. Lauderdale as a base for periodic maintenance, reprovisioning, etc..
__________________
speedoo is offline   Reply With Quote
Old 20-06-2010, 21:01   #9
Senior Cruiser
 
SkiprJohn's Avatar

Cruisers Forum Supporter

Join Date: May 2006
Location: Kea'au, Big Island, Hawaii
Boat: Cascade, Sloop, 42 - "Casual"
Posts: 14,192
Aloha and welcome aboard!
I think you are starting with a great budget. The marina fees might be a little light but maybe you can find a good cheaper marina in your area.
kind regards,
__________________

__________________
John
SkiprJohn is offline   Reply With Quote
Reply

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
Finding a Budget Boat in Australia - Kan Walker Herreshoff H28 ? SurferShane Monohull Sailboats 23 20-12-2013 05:30
Contessa 26 Budget somasized Dollars & Cents 31 17-10-2010 08:01
Expert Advice Needed on Budget Cruising Boat - Help ! lutz33 Monohull Sailboats 20 01-06-2010 01:18
furling on a budget? drew23 Multihull Sailboats 10 19-12-2008 16:43
Cruising Budget Islandbound General Sailing Forum 16 17-02-2006 17:16



Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -7. The time now is 02:47.


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.