Originally Posted by davidpm
That is very interesting eryka
Would you mind expanding that list a little and share how the 85k got split up.
You have 135 into your boat but I suspect it is in better shape that a new boat. What do you figure a new boat similarly equipped would cost? I'm guessing 290, am I close. How many months did the refit take and how much did you do yourself?
David, it'll take me a few minutes to look up all the costs so let me get back to you in a bit on that. For the rest, your guess of $290 tracks well with our survey, which said that this boat was one of the best examples of its type that the surveyor had seen. One very important caveat with an older boat like this: if it should be totalled, insurance won't pay the full replacement cost (our $135) because there are other similar hulls on the market for the $50 we paid ... we have an agreed value policy that partly, but does not completely, acknowledge the cost of the upgrades.
The refit took about 2 years and we did a lot of it ourselves so we'd know every inch. More later.