ASA and PSIA Instructor
Join Date: Apr 2000
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Originally Posted by backcreeksailor
What would I be looking at for an average rebuild/overhaul cost just to put it back into nearly good as new condition?
As a ballpark, you would spend about twice the purchase price difference between this boat and one of the sisterships listed at $28,000, which is to say in the area of $30,000, you might save half of this money if you did all the work yourself, although it would be the equivalent of a second job.
If you want to save some money...grab the $28,000 example right out, let the seller take the loss on all the upgrades they've made (assuming the boat is in fact an example worth $28,000). You buy one for only $12,000 and you either live happily with a tired puppy for the life of your ownership, or you get on the money train and spend, spend, spend. The cheap way to own a mint boat is to pay the premium to buy someone else's diamond...the expensive way is to do it yourself.
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