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  #21  
Old 05-05-2009
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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.
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  #22  
Old 06-11-2009
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update

Quote:
Originally Posted by GeorgeB View Post
If you have your heart set on this boat good luck. You will not be the first person here to go against conventional wisdom. Keep us posted. Too often, we hear a lot of big talk up front but in a couple of months when the new owner realizes he has a bottomless pit, he walks and we never know the end of the story. Promise us that you wonít do the same....

So the boat is in SD and you went to Strictly Sail Ė Does that mean you will be moving the boat up to SF? And if so when? Iíd be more than happy to welcome you to the Bay and take your picture as you cross under the Gate.
What a kind offer--thank you, GeorgeB. Yes, if I had bought it, I would have moved the boat back here. However, I've passed on that and many other vessels in the last month.

I'm not breaking out the sparkling apple juice yet because paperwork and money don't change hands until morning, but I'm pleased to report that I've found what I believe to be an excellent value and combination of compromises in a boat for my purposes and budget.

I'll keep you posted on SailNet. Thank you all again for your well-considered input. I look forward to more discussion as the work progresses!

gratitude at sea
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  #23  
Old 06-11-2009
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Good for you, Kid!
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  #24  
Old 06-19-2009
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thanks, Capnblu
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Old 06-19-2009
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I sure as heck hope that you plan to get a survey on whatever you are buying before you jump off the cliff into the potentially shallow rock shrewn waters.
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