SailNet Community - View Single Post - Recommendations for live-aboard & beginner boat
View Single Post
post #4 of Old 02-28-2011
Senior Member
night0wl's Avatar
Join Date: Mar 2006
Location: Fort Lauderdale
Posts: 1,503
Thanks: 0
Thanked 24 Times in 24 Posts
Rep Power: 12
Originally Posted by sailingdog View Post
I generally recommend you reserve at least 15-20% of the boat buying budget for refitting, upgrading and modifying whatever boat you do buy.
I agree with sailingdog on keeping money in reserve for upgrades/maintenance....but I think for a boat that is 30 years old, the maintenance/upgrade budget should be closer to 40-50% of the purchase price of the boat. Unless the owner has been *METICULOUS* with maintenance and upgraded key components (standing rigging, furling gear, etc), you will run into heavy expenses on a boat this old.

S/V Jendai
Beneteau 343
night0wl is offline  
Quote Share with Facebook
For the best viewing experience please update your browser to Google Chrome