Boats Less Than $30K Recent Noteworthy Finds

[SuW]

Originally Posted by Celestialsailor

My feeling is that he is still in shock. After a few months the reality of finding someone to buy it as a restore might change his mind.

Definitely. The sad thing is there are a lot of boats of around that size from the 1980s that need a full rebuild.
I think this is a total loss. The wonder is it was hosed down by the fire dept before it sank with all its fuel on board...

[SuW]

Originally Posted by SailingHoot

Will add to Kijiji tonight. Thanks for the reminder!

Good ad!
It's a great boat, and pretty well-priced, I'd say.
Good luck to your friend.

[Patrick of M]

Well I'm in no rush....bummer for buddy though.

Older project boats have almost zero value unless the right person comes along to resurrect them, and I am not sure how many right people there are.
People with deep pockets can just buy better boats.
Sunk boats are worth even less.
I looked at a very poor boat a few weeks ago, owner wouldn't budge on $10k asking, it was missing bits of rod rigging, all secondary winches, cored hull was half done sketchily. I would not have taken it on for free
My project was stored indoors for 20 yrs...
so it's dry and sound....I got it for practically nothing.... we'll see how it works out.

[SuW]

Originally Posted by Patrick of M

Well I'm in no rush....bummer for buddy though.

Older project boats have almost zero value unless the right person comes along to resurrect them, and I am not sure how many right people there are.
People with deep pockets can just buy better boats.
Sunk boats are worth even less.
I looked at a very poor boat a few weeks ago, owner wouldn't budge on $10k asking, it was missing bits of rod rigging, all secondary winches, cored hull was half done sketchily. I would not have taken it on for free
My project was stored indoors for 20 yrs...
so it's dry and sound....I got it for practically nothing.... we'll see how it works out.

Was your boat an owner-finished hull or factory finished?

[Patrick of M]

Owner finished and not particularly well re interior finish. Builder was pretty salty though, so added extra internal stringers to the bow, and various other areas he felt needed extra bracing.
It's dry though, and easy access to chain plates etc...not many of these were factory finished. Definitely a project, but the foundation is good, and she's a proven Bluewater traveller.
Pilothouse center cockpit is also a pretty modern design, I like it alot.

[Tetepare]

Nice job Patrick , I love the Corbin 39.


We have a project boat. I like projects. I’m getting kinda tired of non stop issues though. At least our ports and hatches no longer leak. Good luck with the Corbin.

[Raincoast]

A Westsail 42 for $30k in Missouri, unfinished refit:

https://www.sailboatlistings.com/view/96749


A Bristol Channel Cutter, wood, for $18k:
https://www.sailboatlistings.com/view/96724

[Celestialsailor]

Originally Posted by Raincoast

A Westsail 42 for $30k in Missouri, unfinished refit:

https://www.sailboatlistings.com/view/96749

I'm not sure you could get any further away from water than Belton, MO.

[newhaul]

Originally Posted by Celestialsailor

I'm not sure you could get any further away from water than Belton, MO.

Not to far from the Missouri River and at under 6 ft draft you can motor all the way to the gulf of Mexico.

[Raincoast]

Pacific Seacraft 25 for $24k:

https://seattle.craigslist.org/see/b...511103948.html

Cal34 for $12,500:

https://seattle.craigslist.org/see/b...510954259.html

S&S 30 for $11,500:

https://seattle.craigslist.org/tac/boa/d/tacoma-30ft-sparkman-and-stephans/7510876817.html

Downeaster 38 for $13,000:

https://seattle.craigslist.org/see/b...508690761.html

Yeah, I'd say the used boat market is finally correcting. Next spring we'll start to see the boats which don't have $20k in refit lurking flooding the market.

[ramron67]

Originally Posted by Raincoast

Yeah, I'd say the used boat market is finally correcting. Next spring we'll start to see the boats which don't have $20k in refit lurking flooding the market.

What does that mean for those of us who bought our boats at the peak of the used boat market?

[SuW]

Originally Posted by ramron67

What does that mean for those of us who bought our boats at the peak of the used boat market?

If you keep a boat in really good condition, there's always a market for it, imo.

If the boat has been neglected and needs major work (engine, sails, canvas, upholstery, paint job, rigging, spars...) then it's hard to sell.

Some boats can have a negative real value - the disposal cost of the remains...

[boatman61]

Originally Posted by ramron67

What does that mean for those of us who bought our boats at the peak of the used boat market?

Pretty much the same as buying a house at the top of the market in '07..

[Fore and Aft]

Ramron67 for sure some of my clients will get hurt when they come to sell. FOMO really blinded some people and YouTube put a real gloss on the whole fix a boat up and go cruising thing.
Still a well maintained/upgraded boat will be easier to sell than a project boat when the market cools.
Cheers

[ramron67]

Originally Posted by Fore and Aft

Ramron67 for sure some of my clients will get hurt when they come to sell. FOMO really blinded some people and YouTube put a real gloss on the whole fix a boat up and go cruising thing.
Still a well maintained/upgraded boat will be easier to sell than a project boat when the market cools.
Cheers

More importantly, I am not planning on selling my boat any time soon, so I am not terribly concerned.
Keeping the boat in good condition is important, not just for resale, but also for your enjoyment of the boat.

Oh, and by the way, I also bought a house just before the housing crisis...