This just popped up as the Featured Sailboat of the week:
31' Custom steel Brent Swain 31
Volvo MD2 diesel, Balmar high out alternator with ARS 4 multi-stage external regulator. Electronics: Furuno 1623 Radar, Garmin 188C Plotter, Raymarine ST-1000 autopilot, West Marine VHS 600 w/DSC, Si-Tex SSB receiver, BlueSea 13 position distribution panel, Xantrex battery monitor.Lot's of tools spare parts, list too long to list. Just had boat hauled, bottom striped to bare metal, rust treatment, pre-primer, 2 coats primer, 2 coats of anti-fouling paint. New deck painted with anti skid paint.New zinks on hull,shaft, and rudder. Total spent this week $4,000.00 Feb. 10, 2014 Asking price reduced from $25,000.00 to $23,000.00 This is a great boat for a young couple looking for a 2 to 4 year adventure in Carribean. Xenos is located in a rented slip in Marina Majax on Isla Mujeres, Cancun, Mexico The marina is in the best Hurricane hole in the Western Caribbean. The slip rent is $300.00 per month, this includes water and WiFi. Cancun airport to boat is 1 hr. & 15 min.
Located in Isla Mujeres Cancun Mexico, Outside United States.
For information, call: (404) 372-6929
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Length: 31' Year: 1995 Asking: $23,000
It's sad to see that boat just going down and down in price. Those people are taking a real bath. But that seems pretty typical with these BS boats. They just don't hold their value at all. He'll be lucky to get $15K - WAY less than was put into it. And they spent another $4K????
According to Bren't numbers, that 20 years worth of maintenance money!!!!
How the hell did that happen?
Once again, Brent's numbers just don't add up. They never do.
All that "yachty" equipment is worth the $15K. You could just strip that out and scrap the rest of the boat and come out okay.