Originally Posted by Romario
We will probably get a survey. Is this ok price?
I agree with Puddin, but if you're hell bent on buying a boat with zero sailing experience, check craigslist and yachtworld.com for what similar-sized O'Days are selling for in your area.
Keep in mind that you just don't plunk a boat down in a marina and expect to be sailing every weekend. There's always some kind of routine maintenance, something to repair, etc. The suggestion to take lessons is not just to learn the mechanics of sailing but also the rules, regulations and responsibility that goes along with boat ownership. It's the boat stuff OTHER than the sailing that most don't want to deal with and, unless they have some forewarning, underestimate the amount of time and money involved.
Annual cost will depend on the age and condition of the boat, how diligent you are about keeping it seaworthy and in Bristol shape, and whatever the going rates for slips and insurance are in your location.