Join Date: Mar 2006
Location: New England
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Unless you're sure you have both the time and the skills, or at least are willing to learn the skills....a "free" or "low-cost" boat is often far more expensive than a boat costing slighty more that is in sailable condition. Things you have to consider to see if the boat is worth the investment of time and effort:
1) How much time do you think it will take to restore it. Take whatever number you think of and multiply it by three...that'll be closer to the true time it takes... most people badly underestimate these things.
2) Take that amount of time and multiply it by what you get paid an hour.
3) Do you have the skills, tools, and space to do the restoration work necessary.
4) What parts and materials would you have to purchase/obtain to make the boat sailable? How much will they cost?
In many cases, you will find that going the "free" route is going to be far more expensive than buying a comparable boat that is ready to use.
The real benefit of going the "free" route is if you want to learn how to do all of the work yourself, and see that work as an investment in human capital, that will pay you back later. If you plan on sailing the boat off past the horizon, where most of the repairs will likely fall into your responsibility, then this may be very worthwhile.
Alvah Simon did much of the work re-fitting his boat for an Artic passage... and that may have saved his life....You can read about it in his book, North to the Night.
Deckhanddave- I think your equation would make more sense if it read: time+skills=money-obligations
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You know what the first rule of sailing is? ...Love. You can learn all the math in the 'verse, but you take
a boat to the sea you don't love, she'll shake you off just as sure as the turning of the worlds. Love keeps
her going when she oughta fall down, tells you she's hurting 'fore she keens. Makes her a home.
—Cpt. Mal Reynolds, Serenity (edited)
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Last edited by sailingdog; 12-20-2006 at 07:00 AM.