Re: Buying a 30-40 year old boat - your opinions
This may sound strange to all you sailors, but we have a 1984 Power boat and wouldn't want a new want a new power boat either. Besides the fact we are looking to trade her in for a sail boat, even new power boats just don't have the same feel as older boats do.
For us we have had many items to update over the yrs and many items still need to be done, however unless those items are safety related you can do them when and as you see fit.
Each year we fix or replace items on our wish list. Always keeping the safety items at the top.
Another benefit to doing these upgrades is you'll know those systems inside and out. When a problem comes up later you will be the tech support. Not calling a factory with the hopes you'll find someone who knows what they are talking about.
Also our boat cost us $20K 4 yrs ago and we have put maybe $5K in her. Trying buying a new 2012 32ft power boat for $25K. I'm 100% sure the same will be true for a sail boat as well.