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Old 10-16-2012
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Re: Buying a 30-40 year old boat - your opinions

There are 'old boats' and then there are 'projects'. A well maintained, well constructed older boat could easily be that 'buy it and sail it away' proposition - in many cases better equipped than any 'new boat' because a lot of gear has been added over the years and the seller never gets full value for that kind of stuff (re-powers, new electronics, canvas, etc etc..) Buy a new boat and you'll end up paying full bubble on top of the purchase price for the 'extras' that typically aren't really options.

If I was shopping with an open budget I'd be looking at some of the newer designs, but even then would prefer a well looked after 3-5 year old boat than one straight out of the factory. Let someone else take the hit on instant depreciation of a new boat and new gear....
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