Join Date: May 2011
Location: Richmond, VA
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Retrofit or Not?
It is the same question that our yard mechanic saids he hears too often - "to put the money into a older sailboat which you may never get back or sell the boat and upgrade?"
Our sailboat is in good condition but we went her to be in better condition, apply new non-skid, finish all the exterior teak (alot of it), new skid paint, renovate the interior, replace the old standing rigging and new hull paint over the old gelcoat.... many other smaller projects. We purchased her early this spring and thinking that we will redesign and replace all the running rigging, which we did, then sail her this summer, which we did.
With the market being down for the seller, I don't think we would ever get our investment returned, and that is just the cost, not all the labor and weekends spent working on the sailboat.
Should we consider selling her and upgrading to a newer sailboat? Or finish what we started, which in the end, should be as good an upgrade since most of major components have been replaced.
Anyone out there thinking the same?
S2 11.0A 36'