Quote:
Originally Posted by Dpmmvc
After reading all of this I dont think it’s such a steal anymore, but $11,000 was what we agreed on. It needs new chainplates and halyards. The bottom is in need of soda blast and bottom paint. Other then these things the boat looks new . 1989 Catalina 30 mkii wing keel. My knowledge (as you can tell) is very little on motors. I really appreciate all these replies. I think I will pass on this boat.
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If it needs the above fixes PLUS rebedding the
keel stub it is not a steal. You will end up with a $20-25K boat at beast. Plus all your ancillary expenses.
Without the keel stub issue it would still end up costing you another $5-6K to fix the other stuff. Which is expected from 30 yr old
boats in that
price range.
In October at my
winter storage yard the yard had hauled in for
parts sale and
hull disposal a nice mid 80s
Sabre 34 which the boat owner disposed of (at no small cost to himself) because it needed all new chainplates and possibly new
rigging which his yard/rigger estimated to cost at least $10K, possibly more. And that was a
Sabre 34 not a
Catalina 30. And it still did not make economic sense for the boat owner to fix it. So when offering $11K for someone else's problem think about that situation.