Originally Posted by SloopJonB
When you look at the price of new boats, refurbing an old boat can even make economic sense, as long as you do most of the work yourself.
Check out the price of a new 30 footer - well into 6 figures and you'll still have to spend more to commission it properly.
You can pick up an old glass 30' for anywhere from free on up. $10K will get you a pretty decent, usable boat. You'd really have to work at it to spend anything remotely close to 6 figures to bring it back to essentially a new boat.
I mostly agree. Though speaking of Tim Lackey, this is 1) An amazing restore but 2) Obviously well over 6 figures at 2031.5 hours.
At $75 bucks thats $152,325 in labor alone. So you can definitely hit 6 figs if you want to (and if you chose a boat with massive deck/hull core issues at the start...)
Northern Yacht Restoration |