I recently purchased a 2008
Island Packet PY Cruiser that was a repo, and it was relatively
cheap. However, it is a rather "different"
boat without a big following, so I realize it might be hard to sell when the time comes.
I was looking at the prices of similar year model SP Cruisers the other day, and noticed the asking prices were all around $400K. That sounds high to me, and I realize those are ask prices, but assuming they might eventually sell for maybe $350K I started wondering if I could get IP to retrofit my PY into an SP.
I called the
Island Packet, and they can do the
refit, for the
price of around $80K. That would put me in at around $240K for a 2008 SP "refit" with brand new
sails and
rigging.
I'm not a big sailor, so I don't really need the
sails other than maybe for stabilization and "get home" purposes, but the numbers seem to say the
refit might be worth it. Am I missing something?
Thoughts?