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Old 03-11-2016, 13:08   #46
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Re: Did you buy a 20 - 25 year old boat? please comment

All you folks perusing this thread may find this group helpful:
Cruisers & Sailing Forums - Plastic Classics
and this thread:
http://www.cruisersforum.com/forums/...ic-160329.html
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Old 09-11-2016, 10:27   #47
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Re: Did you buy a 20 - 25 year old boat? please comment

Thanks all for your thoughtful comments.
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Old 13-11-2016, 17:28   #48
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Re: Did you buy a 20 - 25 year old boat? please comment

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Originally Posted by jimp1234 View Post
I'm interested in getting a cruising boat when I retire and I've spent the last 8 - 10 months doing research. I'm sure we want a cruising monohull 40 - 47 ft. but haven't settled on a particular boat-builder. Given our budget we're looking at boats around 10 years old, or older boats that are in the 20 - 25 year age range. The older boats are ones on many of the top 10 blue water boats list (e.g. Hylas, Bristol, Tayana, etc.) If you purchased an older boat (20 - 25 yrs old) perhaps you'd be kind enough to share your experiences. Some questions are listed below. Feel free to only answer those questions which resonate with you if you don't have time to go through the whole list.

1. What boat did you buy? Approximate cost?
2. What systems required a refit? In addition to common refit items like standing rigging, sails, engine and batteries, did you have to upgrade any systems caused by age-related wear? Some examples are tankage, hull & deck attachment, electrical re-wiring, hull osmosis, soft spots in the deck, etc. What were the approximate costs?
3. Were all problems areas identified by the survey? Any surprises?
4. How long did the refit take? Did you do the work yourself, or outsource to marine specialists or both? How many "man hours" (your time) did you have to spend?
5. If you did a lot of work yourself, did you have a lot of marine industry experience? Was this your first boat?
6. Exit strategy. If you sold your boat what percentage of the cost of the boat plus refit costs did you get back?
7. Final and probably most important question, would you do it again? Any lessons learned you'd care to share?

TIA

-Jim
I have bought a boat that was 27 years old. This boat is a Limestone 24 express cruiser (weekender). I had operated that type of hull on a rescue vessel and I knew the type of hull and the quality of manufacturer. For the mechanical, I did sea trial with the seller... he did not want me to push it too much and was nervous. I had enough experience to know what to watch for. I also studied where the boat was being used and the water levels were down considerably and therefore a great inconvenience for the seller as he was not very experienced. The market at that location was also down as the water levels. It was a buyer's market. I played the game and did not make the offer until weeks later and offered half of the asking price and he accepted. I drove 6 1/2 hours to go and get it and brought it back. I immediately did change a gimball bearing and a new pump in the lower unit and then changed the thermostat. I took the flooring apart and checked the tanks, fuel, water and black water and decided to have a new tank done for the black water. Put it back in the water and I, we have been very satisfied with the boat. I had the canvas all redone and better than before and still came under budjet and the resale value has increased. I have had done a survey for insurance purposes and all is better than before. I like playing in this stuff and yes I would redo this again...
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Old 13-11-2016, 18:25   #49
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Re: Did you buy a 20 - 25 year old boat? please comment

When we bought ours it was 14 yrs. old and now it's 37 yrs. old . One thing that I think would help a person buying a old boat is the kind of support you can get , and you can get a lot right here . I don't know about other boats support groups , but Westsail has a pretty good one as the guy that was once the general manager started a Co. catering to the needs of Westsails . One neat thing he did was to write a manual called now that their 30 yrs. old . He sells any part you would need and he tells you how to install it .
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