There's another factor I'm looking at - resale. There's a never ending list of production boats for sale so when it comes time to sell, to either go up or out, if you have a production boat, that you want to sell quickly, you will most likely have to sell it at a much lower than value price. I've seen production boats priced in the $30-50K range that have been for sale over a year. I wouldn't want to get stuck there though I know there's no guarantee I won't by buying up. It's always a roll of the dice.
I'm an avid woodworker and being surrounded by beautiful woodwork and joinery can be soothing to me. The boat is my escape. When I see interiors filled with white fiberglass, it hurts my eyes. I'm just finishing up a cabinet refacing in the kitchen, my first time working with sapele. It's absolutely gorgeous! Salepe has such beautiful chatoyance. I think I like it better than figured maple.
And I need that. Yes, NEED.
My friends joke, telling me my house looks like a boat.
Gee, I wonder why... So I'm willing to pay extra for that. It's worth it to me.
I got this from BoatUS today:
Resale value is estimated to be $35,796.00, although, noting the age, the specific vessel could easily be properly priced significantly higher (or lower).
We would, therefore, encourage at least an informal "sense of things" inspection and consultation with a marine surveyor prior to making an offer, to be followed up by a thorough pre-purchase survey upon acceptance of the offer.
In any case, it is recommended that you avail yourself of a sea-trial, to include flying all sails in the inventory, a complete rigging and hull survey, and a separate engine and engineering survey of the mechanical propulsion components, preferably by an experienced technician certified for that brand of machinery, and including a spectrographic analysis of the engine oil.
The owners are asking $49,900. If lenders start at the BoatUS number, it seems a stretch to get to almost $50K, especially with the original motor. At least it's not an Atomic!
We'll take a look at it this weekend. We'll be looking at other boats too.