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post #44 of Old 01-30-2014
shananchie
Shanachie, Bristol 30
 
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Re: 10K$ boat --- Are Insurance and Survey REALLY mandatory?

A 10K boat can easily cost you 10K to keep it afloat. (Ask me how I know ...) If you don't know boats and you're looking for a bargain, you're going to end up with a boat that needs lots and lots of work. A new diesel? 10-20K. New sails? 5K or more. Cushions? 3-4K. Rigging? 2K. Why would you not pay a surveyor $500 to find out what the boat needs?
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