I would be very worried about a
salvage boat damaged in an
accident needing a new mast and
rigging. Not so much because of the cost of these items but more because of the hidden damage. I have seen
accident damaged boats that had their rigging mounts torn off the
deck and
hull. If the damage to the mast and rigging was caused by the said accident it is almost certain there is more damage where you can not see. Then it becomes serious and VERY expensive. Not worth it imho. You would have to be 100% certain there is absolutely NO additional damage and that the boat otherwise is pristine and has nice recent fully working
equipment, such as a recent good
generator,
water maker, quality recent
electronics, new
sails, to justify that kind of a price. Older
electronics are not worth any premium.
Have a look at this
cheap 2006
Beneteau 43
Cyclades asking 75 K USD. Yes, not a pristine example and an old
charter boat but at least should be about ready to sail after some minor improvements. That one would go for about 60 to 65K I reckon. I don't mean I would recommend that particular boat.But just to give you perspective.
2006 Beneteau Cyclades 43 Sail Boat For Sale - www.yachtworld.com
The one you are interested they are asking 69K? Mast and rigging about 30K? 5 to 10K to fix the damage to
hull? If absolutely NO additional damage and the boat is a top example in pristine condition I would not pay more than 30K for it. A lot also depends on how much
work you can do yourself. But there are always always other things to fix and
repair in boats. Why increase the list even more by
buying a boat with so many potential issues and potential hidden damage? I would say it is more likely to have substantially more damage than what is let to believe. I reckon the broker/seller is hoping to find someone with a boat fever willing to pay a deposit and hopefully not
survey the boat. Buyer beware.