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Old 10-17-2012
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New(er) vs. Old(er)

We've been looking at lots of boats in the past couple of years and we want to go cruising before we are too old to do so. Being on a fixed income we have been looking at older, more affordable, for us, boats with the intent of living aboard and working on a boat to the point where we feel comfortable with taking journeys.
I just got finished reading a blurb by a surveyor that stated that only a 3 - 10 yr old sailboats should be purchased. Not newer, not older. The reasoning being that any manufacturing problems will show up in a new boat within 3 years and after 10 years the inherent age problems may become exponentially cost prohibitive.
All well and good for those out there with abundant funds. What do those of us do that have limited resources but still want to go cruising? Are older boats that much more of a headache or are they like a car in that if reasonable care and maintenance are performed they will age well? Everything wears out, including us, but that is to be expected, however, what we really want to know is if an older boat is cost prohibitive when it comes to time/maintenance?
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