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Old 12-03-2004
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Info on BENETEAU FIRST 405 1987

Ok, We are looking at a BENETEAU FIRST 405 1987.
Located near San Francisco in fresh water berth and has been there since 1999.
It was previously kept somewhere in Mexico.
One owner and seems to have been well maintained. e.g.. last haul out and bottom paint in Aug. 2004.
Some blistering size of quarter and dime size, repaired & epoxied
The seller has provide information and the boat looks like a good buy.
Asking price is at the low end of the NADA pricing, not taking into account of extras.
It is equipped with lots of extras.
Only things of concern are the Kubota generator needs attention.
Our main concern is that it has a draft of 7'' 6"
Is this going to limit us too much?

We are asking for advise from friends and they have offered other things to consider.
Such as:
The Boat would lose not only value greatly for resale if the boat is going to be sailed on the East Coast.
But the just to get it there even the long way would be not less than $10K
Are these true concerns?
Our present thinking is to keep it there there because the price of keeping it there (it is about half of what we have researched is available in TX an FL)
till we are ready to depart on our life dream.
We are about 3 years from being able to leave (kids to get out of the house).
But it will be there for us to enjoy on vacations and long weekends.
Should we wait till closer to the time?
We are located in CO. and are land locked sailors. We do race Hobies competitive and have for years. Chartered several in Caribbean and HI.
We are in no hurry to buy, but this looks like a good opportunity. and learning experience.
Should we listen to the Nay say-ers.

Many questions but we are all ears.
I expect that we will get a variety of answers. Or generate more questions.
Thanks.
Reve
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