
09-17-2008
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Here .. Pull this
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Join Date: Jan 2007
Posts: 2,031
Rep Power: 6
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Quote:
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The boat is a 1988. I did check out Mars Metals and see they make keels. waiting for a callback to see how close they can match the original one. Other than keel, the boat needs a bunch of other stuff, like Sail, Masts, rudder. Motor runs great. They are asking under $4K, so it's obvious it needs a bit of work. Interior isn't too bad - needs the usual wood/trim restoration.
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Keel, Sails, Mast, rudder... you are already over 30K. Basically, you're buying an old hull. It will cost you 50K to end up with a boat that is worth 27.
Can I interest you in some equities perhaps ??? There are some excellent buying opportunities in the investment banking sector, but you'll have to move fast.
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