Originally Posted by LLCoolDave
I have no idea what the poster above is on about spending $50k. All boats will have projects but it looks upgraded and well taken care of. A new electronics package if needed would only be $5k plus install.
OK, the boat is turnkey. It can be used "as is". Budget
nothing. I said I'd budget $50,000 over the next couple of years. I was being generous because everything costs twice as much and takes twice as long.
Electronics "+ install". There's a wide range of electronic packages someone could get. Install costs additional unless a fairly handy person does it himself. Our ST60 stuff was working but the displays were going out. I could repair bits at a time never knowing when something would go out or I could buy a complete new setup. Our new B&G H5000 Hercules ran close to $20,000 including dropping the mast
to run a new MHU cable. And I did the install. That includes taking out the old stuff, filling the holes, cutting new holes, and getting someone to do a decent job of painting. There are certainly less expensive systems available depending on how you need it to perform. Being "mature" sailors spending time on the ocean, we went for the best AP we could get
Genoa - used in the tropics, partially furled a fair bit of the time. It's gonna be tired. Well you can get a used genoa from Bacon or someone or you can get a nice Hydranet sail for bigger bucks. Our new jib
(not genoa) was over $5,000.
- not installed and needs service
? Boat bucks going out here. A membrane for our Ventura 150 runs $500. A rebuild
owner spend $10,000 on new vinyl floors. That's $10,000 on new floors! That's interesting to me because my boat is going to need new floors.
Dinghy and motor
. Well an AB 10'er will run $5,000 or so. Motors?
I don't see a life raft on the list. We don't want one, but if you do, plan accordingly.
- the tropics will put a load on the refrigeration
. Our boat is the same vintage and came with TOTL Sunfrost reefer and freezer
. After 20 years the plumbing
developed a leak. Installing a cold plate to keep it working was $1000 and the labor was essentially free.
So those are examples of how quickly money
can go out. The boat is 25 years old, and over the next few years it's going to need some help despite all that's already been done to it. I'd rather budget too much and have some left over than budget too little and come up short. When we bought Presto, we budgeted $60,000 for a "turnkey" boat. The owner was shocked, but that was pretty close to what it took over two years. Now if this boat has some of these items checked off but not listed, that's all to the better.
Boats are full of surprises.