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Thanks for all of the input. We are also considering Jeanneaus and Beneteaus around the same size and from the same vintage (80's). Oh, this boat would be "new" for us, but not new of course- O'Day no longer makes these boats and we don't have the budget for a new 40 footer! We currently sail a 1970 35' C&C and, while we love the boat, are looking for more space and privacy.
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