Originally Posted by JulieMor
"Too old" depends completely on the criteria one sets. When we were doing some intensive research and walking the boats, I eventually set 25 years as the oldest boat I would feel comfortable buying. Some might say 10 years, some 40 years.
I get setting 10 years as the limit. I don't get setting 25 as the limit. At 25 years most of the original sealant is going to be gone and you'll have the most annoying work ahead of you, rebedding everything in the deck and perhaps the hull/deck joint.
Once the boat is over 20 years old and needs major refitting (new standing rigging, running rigging, sails, rebedding, etc) I don't really think it matters if the boat is 20 years old or 50 years old, what matters is how well it has been cared for.