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post #31 of 36 Old 11-02-2007
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Not to be the resident naysayer,
but 38k for a 38ft cabo rico is reeeaaaalllyyyyy low.
Check it out, keep an open mind, but one hand on your wallet.

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post #32 of 36 Old 11-02-2007
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Ditto that. Don't exchange any $$ until /unless you put it in escrow. You will want to see a certificate of title and/or documentation in the sellers name before doing anything. And absolutely get a good survey...there has got to be big stuff wrong with this one...and probably more than you have been told if the price is indeed 38k.
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post #33 of 36 Old 11-12-2007
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This boat was damaged in Hurricane Floyd.

70% of teak cap rail destroyed
Hull to Deck joint on port side opened for approx 3' from the cap rail down approx 14"
Gunnel sustained 2 cracks approx 3' long each in fiberglass at deck level
Port side rub rail was destroyed
Cap shroud chain plate bent
Cap Shroud turnbuckle bent
Life lines and stanchions damaged
Bow pulpit railing destroyed
Stern railing was bent and distorted
Davits were broken loose from their mounts
Starboard side rub rail striker plate damaged
Port side bowsprit wisker stay turnbuckle broken
Roller furling lower extrusion was broken
Starboard mid ship cleat destroyed
Port side hull paint scratched
Some running rigging sustained chafe damage
Etc....
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post #34 of 36 Old 11-12-2007
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Umm.. .with that much damage, I'd have to say that paying $38,000 or anywhere close to it is way, way, too much money. There are probably a lot of issues in the laminate itself, considering the kind of beating it had to take to do that much visible damage.

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post #35 of 36 Old 11-14-2007
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I owned and lived aboard a CR38 (1991) for a number of years, and love the boat. My first offshore trip taught me that she could keep me alive. She' s a lot of boat for inland or coastal, but if you'll be doing offshore eventually, she's a good choice. As to that particular boat, and the damage she's suffered, your surveyor should be able to determine what repairs are needed and what the cost will be. If you're handy and have time, you can save by doing it yourself. Just make sure you really push the surveyor to be brutal.
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post #36 of 36 Old 11-14-2007
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Julie,
If you are in Florida I almost bought your boat. I was that other bidder. Iola ni was a real beauty. You could tell how much you loved her.I still think about her. My wife decided she wanted something larger so we ended up with a Tayana 42. Hope all worked out well for you.
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