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Old 26-01-2020, 18:18   #1
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Boat: Leopard 45
Posts: 37
2001 Leopard 45 and what $64k in refit gets you

Inspired by the post of a Lagoon 440 owner and his grand upgrade on that boat that went to about $190k, I have written a summary of our boat rebuild in preparation for a 3 year sabbatical that will take us across the Pacific from the Caribbean to Austalia. I hope this could be an ispiration to those who dream but dont have the big bucks to go for the upscale option.
To start with, we were looking for a cat to go cruising with our 3&6 y.o. We both have some sailing experience as my wife is a sailing instructor, delivery skipper for Sunreef, round-the-worl racer and sailing tour company operator and I have been sailing on different boats from Greenland to Caribbean plus we have owned our Beneteau Cyclades 39.3 for almost 4 years in the Med. We knew pretty much what we wanted, and after some consideration settled on the Leopard 45/47 aka Moorings 4500 as a good compromise between value, sailing, build quality and seaworthiness.
We knew from the start that we want to upgrade the rigging and sails, so in our search we focused on other aspects. Finally, in the spring of 2018 we found our match and aquired a nice 2001 L45. We sailed extensively the following two seasons all across the Caribbean, hauled out in Trinidad and finally started the extensive rebuild program.So it goes:
-Rigging&sails. Standing ($14k) and running ($2k) rigging. Its a big rig, and we wanted to be sure we can rely on it on our way across the Pacific. Some of it, especially the diamonds were in a pretty poor shape. We also removed the chainplates, checked them with dye penetrant for cracks and fabricated new backing plates ($200) as the holes in the old ones were really ovalised. Interestingly enough, there was no sealant in between the chainplate and the backing plate! The roller was rebuilt ($250), and the sails went to the sailmaker for restitching and general check ($2k. included new covers for all the hatches, repairing lazy jack and dinghy chaps). In the meantime, we learned that Leopard has some old stock sails available so we bought a brand new genoa that came to $1k with transport. All the running rigging including lazy jacks was replaced with Dyneema, and I really recommend Trinidad Rigging for their unbeatable rope prices. We disassembled all 5 winches (only item needed replacing was the pawls and springs so maybe $50). The traveller track was removed, all the screws attaching it to the wing replaced ($100) and all the balls replaced in the traveller ($200). We updated our sail wardrobe to include a screetcher ($200), a spinaker ($500) and a Parasailor ($5k).
- Engines&props. The Yanmar 4JH3E engines were running good, but since they are original to the boat we wanted to make sure there will be no surpises down the road. We removed the heat exchangers and oil coolers, cleaned, tested them and reassembled. Exhaust elbows were removed and checked for cracks, one was replaced. We replaced both cutlass bearings and prop shaft seals, and send the MaxProps to Italy for rebuild. All this came to $4500, labour included.
- New windlass&anchor chain. We sourced the Lofrans Tigress windlass in England, and 120m of Lofrans 10mm chain came from Poland. We had a good Rocna 33 before, so it stayed. Price: $2,2k
- Replace Trident gas detection and control box and all gas lines with original Trident ($600)
- Front windows resealed. One was found to have a crack in the top corner so we replaced it altogether, but according to suggestions from Leopard forum weve cut only one hatch in the center of the window works good! Parts and labour: $1000
-Full repaint deck and sides. Awlcraft was used. This was a big job, but we have done a lot more as the result of it. Managed to paint both engine compartments, fibreglass a new shelf for the watermaker in the engine compartment, paint both forward compartments, add backing plates to all the cleats to eliminate spider cracks, fibreglass in huge backing plates for drogue attachments and repaint generator enclosure for a grand total of $15k.
- Watermaker overhaul. Since we had to remove the watermaker anyway, it was a good time to get a thorough check on the individual parts. Spectra in Chaguaramas pronounced all the parts were good to go, so we just had to reassemble. Grand total: $300
-Life raft. We discussed this one a lot, and finally opted for the open ocean Plastimo Transocean 8 persons canister version. Equinox in Le Marin fabricated a nice cage for it. Grand total: $2700.
-All new heads (4) and hoses. ($1000), we did the labour.
-Escape hatch was removed, we found the top frame pitted with corrosion so this was replaced along with the seal ($300).
In the meantime, we have worked on getting new upholstery installed (brought from Poland, $300), replaced all mirrors and faucets (also brought from Poland, $450), had a new custom materace shipped in from Poland ($600), replaced steering cables (also from Poland, $100) and LED lights ($300) and rebuilt the oven ($200). The dinghy was overhauled seams sanded down and patched with hypalon ($600), we sold our old Yamaha 25hp and bought a brand new Tohatsu Everrun 18hp ($2100)
Finally, there came time for electronics. We installed 4 new 325W panels in half cell technology ($1000, sent from Poland), MPPT controller ($600), AIS transceiver ($550), VHF with AIS ($350), Simarine Pico Energy management ($650), chartplotter ($900), Raymarine i50/i60 suite ($1050), Magnum inwerter charger with remote ($1000), ACR EPIRB ($500) and coded boat detail into the old EPIRB ($150).
Before we splashed the boat we had one final thing to attend to the bottom. The previous owner replaced all through hulls in 2016 so we just made sure they open and close freely. We treated a few spots of surface osmosis and paintred 3 coats of antifouling. And just like this, we were ready to go sailing.
So, what did we get?
For $285k in total we have a boat that is as seaworthy as it can get. New rigging and sails, straight shafts and skeg hung rudders. Reliable engines, good dinghy with new outboard. Pretty much all new electronics. Extensive sail wardrobe, good anchoring equipment. All this to a boat that is a great design in the first place, tried and tested.
I sure will be missing it at the end of our journey.
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Old 26-01-2020, 18:33   #2
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Re: 2001 Leopard 45 and what $64k in refit gets you

That sounds like a cheap paint job, did you roll or spray?
Cheers
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Old 26-01-2020, 18:42   #3
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Re: 2001 Leopard 45 and what $64k in refit gets you

$200 screecher???

Who did your purchasing?? Do they need some side work? Lol
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Old 26-01-2020, 18:47   #4
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Re: 2001 Leopard 45 and what $64k in refit gets you

Well, not sure you can roll Awlgrip. This was done spraypainting sides first, then flat surfaces on deck, then non skid. All spraypainted. Took 6 men 5 weeks.
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Old 26-01-2020, 18:59   #5
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Re: 2001 Leopard 45 and what $64k in refit gets you

Secon hand, bought at Powerboats Trinidad!
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Old 26-01-2020, 19:32   #6
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Re: 2001 Leopard 45 and what $64k in refit gets you

Pictures:
- painting underway @Powerboats, Trinidad
- $200 screetcher
- lookin' good!
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Old 26-01-2020, 19:45   #7
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Re: 2001 Leopard 45 and what $64k in refit gets you

You got some real bargains there. Not sure you would get a $15,000 paint job here in Australia.
Cheers
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Old 27-01-2020, 11:56   #8
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Re: 2001 Leopard 45 and what $64k in refit gets you

So was the purchase price of the boat $221 ?
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Old 27-01-2020, 12:29   #9
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Re: 2001 Leopard 45 and what $64k in refit gets you

Quote:
Originally Posted by Fore and Aft View Post
You got some real bargains there. Not sure you would get a $15,000 paint job here in Australia.
Cheers
Remember, these are $us, add about 33% to equate into $AU.
That means with exchange rates as they are this job cost > AU$20k - still good deal though.
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Old 27-01-2020, 16:35   #10
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Re: 2001 Leopard 45 and what $64k in refit gets you

Looking good. Very nice job.
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Old 27-01-2020, 19:26   #11
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Re: 2001 Leopard 45 and what $64k in refit gets you

LotNick, thank you for sharing the details. Most informative and interesting. An example of the better benefits of CF membership. Good luck on your adventure.
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Old 28-01-2020, 07:47   #12
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Re: 2001 Leopard 45 and what $64k in refit gets you

Quote:
Originally Posted by LotNick View Post
Inspired by the post of a Lagoon 440 owner and his grand upgrade on that boat that went to about $190k, I have written a summary of our boat rebuild in preparation for a 3 year sabbatical that will take us across the Pacific from the Caribbean to Austalia. I hope this could be an ispiration to those who dream but dont have the big bucks to go for the upscale option.
To start with, we were looking for a cat to go cruising with our 3&6 y.o. We both have some sailing experience as my wife is a sailing instructor, delivery skipper for Sunreef, round-the-worl racer and sailing tour company operator and I have been sailing on different boats from Greenland to Caribbean plus we have owned our Beneteau Cyclades 39.3 for almost 4 years in the Med. We knew pretty much what we wanted, and after some consideration settled on the Leopard 45/47 aka Moorings 4500 as a good compromise between value, sailing, build quality and seaworthiness.
We knew from the start that we want to upgrade the rigging and sails, so in our search we focused on other aspects. Finally, in the spring of 2018 we found our match and aquired a nice 2001 L45. We sailed extensively the following two seasons all across the Caribbean, hauled out in Trinidad and finally started the extensive rebuild program.So it goes:
-Rigging&sails. Standing ($14k) and running ($2k) rigging. Its a big rig, and we wanted to be sure we can rely on it on our way across the Pacific. Some of it, especially the diamonds were in a pretty poor shape. We also removed the chainplates, checked them with dye penetrant for cracks and fabricated new backing plates ($200) as the holes in the old ones were really ovalised. Interestingly enough, there was no sealant in between the chainplate and the backing plate! The roller was rebuilt ($250), and the sails went to the sailmaker for restitching and general check ($2k. included new covers for all the hatches, repairing lazy jack and dinghy chaps). In the meantime, we learned that Leopard has some old stock sails available so we bought a brand new genoa that came to $1k with transport. All the running rigging including lazy jacks was replaced with Dyneema, and I really recommend Trinidad Rigging for their unbeatable rope prices. We disassembled all 5 winches (only item needed replacing was the pawls and springs so maybe $50). The traveller track was removed, all the screws attaching it to the wing replaced ($100) and all the balls replaced in the traveller ($200). We updated our sail wardrobe to include a screetcher ($200), a spinaker ($500) and a Parasailor ($5k).
- Engines&props. The Yanmar 4JH3E engines were running good, but since they are original to the boat we wanted to make sure there will be no surpises down the road. We removed the heat exchangers and oil coolers, cleaned, tested them and reassembled. Exhaust elbows were removed and checked for cracks, one was replaced. We replaced both cutlass bearings and prop shaft seals, and send the MaxProps to Italy for rebuild. All this came to $4500, labour included.
- New windlass&anchor chain. We sourced the Lofrans Tigress windlass in England, and 120m of Lofrans 10mm chain came from Poland. We had a good Rocna 33 before, so it stayed. Price: $2,2k
- Replace Trident gas detection and control box and all gas lines with original Trident ($600)
- Front windows resealed. One was found to have a crack in the top corner so we replaced it altogether, but according to suggestions from Leopard forum weve cut only one hatch in the center of the window works good! Parts and labour: $1000
-Full repaint deck and sides. Awlcraft was used. This was a big job, but we have done a lot more as the result of it. Managed to paint both engine compartments, fibreglass a new shelf for the watermaker in the engine compartment, paint both forward compartments, add backing plates to all the cleats to eliminate spider cracks, fibreglass in huge backing plates for drogue attachments and repaint generator enclosure for a grand total of $15k.
- Watermaker overhaul. Since we had to remove the watermaker anyway, it was a good time to get a thorough check on the individual parts. Spectra in Chaguaramas pronounced all the parts were good to go, so we just had to reassemble. Grand total: $300
-Life raft. We discussed this one a lot, and finally opted for the open ocean Plastimo Transocean 8 persons canister version. Equinox in Le Marin fabricated a nice cage for it. Grand total: $2700.
-All new heads (4) and hoses. ($1000), we did the labour.
-Escape hatch was removed, we found the top frame pitted with corrosion so this was replaced along with the seal ($300).
In the meantime, we have worked on getting new upholstery installed (brought from Poland, $300), replaced all mirrors and faucets (also brought from Poland, $450), had a new custom materace shipped in from Poland ($600), replaced steering cables (also from Poland, $100) and LED lights ($300) and rebuilt the oven ($200). The dinghy was overhauled seams sanded down and patched with hypalon ($600), we sold our old Yamaha 25hp and bought a brand new Tohatsu Everrun 18hp ($2100)
Finally, there came time for electronics. We installed 4 new 325W panels in half cell technology ($1000, sent from Poland), MPPT controller ($600), AIS transceiver ($550), VHF with AIS ($350), Simarine Pico Energy management ($650), chartplotter ($900), Raymarine i50/i60 suite ($1050), Magnum inwerter charger with remote ($1000), ACR EPIRB ($500) and coded boat detail into the old EPIRB ($150).
Before we splashed the boat we had one final thing to attend to the bottom. The previous owner replaced all through hulls in 2016 so we just made sure they open and close freely. We treated a few spots of surface osmosis and paintred 3 coats of antifouling. And just like this, we were ready to go sailing.
So, what did we get?
For $285k in total we have a boat that is as seaworthy as it can get. New rigging and sails, straight shafts and skeg hung rudders. Reliable engines, good dinghy with new outboard. Pretty much all new electronics. Extensive sail wardrobe, good anchoring equipment. All this to a boat that is a great design in the first place, tried and tested.
I sure will be missing it at the end of our journey.

Great info. Thanks on that!

One question: You wrote "2001 Leopard45" Was that a missspell? Did you mean 2011 instead?

Have fun with your upgrades!
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Old 30-01-2020, 04:50   #13
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Re: 2001 Leopard 45 and what $64k in refit gets you

Quote:
Originally Posted by LotNick View Post
Well, not sure you can roll Awlgrip. This was done spraypainting sides first, then flat surfaces on deck, then non skid. All spraypainted. Took 6 men 5 weeks.

We rolled and tipped our Condor 40 trimaran, everything but the topsides. I did the prep work and two guys at the yard did the rolling/tipping. You'd never have known the difference; they were that good!


We didn't do the topsides of the main hull. Took 4 days.


It's definitely a 2001, and she looks very lovely. Great boat; congratulations!
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Old 31-01-2020, 04:58   #14
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Re: 2001 Leopard 45 and what $64k in refit gets you

Awesome post. Thank you for the great information
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Old 31-01-2020, 06:38   #15
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Re: 2001 Leopard 45 and what $64k in refit gets you

Out of curiosity, was that the rigger at powerboats that charged 14k. I have 2 friends that for what would be 7-10k rigging jobs done there for about 5k. 14 is what you'd pay in Ft Lauderdale.
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