37 island packet
As my good friend Denr points out in his eloquent way, IPs are not known for speed. If you plan to sail in Southern California, you''ll probably spend a lot of time motoring. IPs are heavy, full keel boats that take a good breeze to move. But as with all boats, there are trade-offs and compromises. If the accommodations are the drawing card and you like a heavy boat under you if conditions are rough, then IP is your boat.
The pros and cons of IPs have been discussed on here before. People seem either to love them or hate them.
As for price, assuming the boat is well cared for, I doubt you''ll get much of a reduction in the asking price. IPs hold their value very well. They are popular, high quality production boats and you have to pay for that.