Join Date: Mar 2006
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The market is flooded with "fixers" like these. It is also flooded with good boats that need a new home and are under-valued. I would be looking for the latter; rather than the former. Just offhand; the winches are very old looking; the standing rigging may or may not be recent, the teak trim while deacent looking would be a concern in summer if it is going to the tropics, the riser boxes on the primary winches look like they may need work (can't tell but the paint is failing). Interior layout looks cramped and poorly designed; the dorm fridge would have to go. What are those hoses going down into the galley/lazarette for?? What is it fastened with? What is the hull construction material and strength/design? What does the rudder design look like? Traveler on main looks wimpy; would need updating. No roller furling would mean regular headsail changes while on passage.
So you might put 20k in on the "hull"; another 20k in on refits/upgrades; and another 10-20k in on making it ready to cruise (solar, wind, electrical/electronics, self steering, watermaker, etc). 50-60K all to get a wood hull "updated" and then you are getting close to what you would pay for a cruise ready FG hull that was built well. Are you saying SimonV did the wrong thing buying his Ericson 39B for ~65k (outfitted)? I know cruise-ready boats like his are a bit rare; but if you want to go soon it would be a good idea to wait for one that has been gone through and/or cruised. I hear that there are lots of boats in La Paz that sailed down and never came back to California; just waiting to be cruised.
The boat posted in this thread (appears) to have been a marina boat (auctioned as a lein sale); fixed up a bit to be somewhat presentable and is now being re-sold for a profit. But I can't say for sure; just saying it -is- a possibility. So Cal is so flooded with boats right now; even good examples that are under-valued are not selling.
Last edited by KeelHaulin; 05-05-2009 at 05:00 AM.