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I'd recommend you read the Boat Inspection Trip Tips
thread I started, as it will help you determine whether either of these boats is worth going any further with, and save you the cost of a survey on the real lemons.
I would also recommend you save at least 20% of your budget for refitting, upgrading and customizing the boat you end up buying. Unlike cars, most boats need to be specifically customized to best suite the way you will use it and how you will sail it.
I've already read and printed out the Boat Inspection Trip Tips... great advice, and will definitely be useful.
My current budget does have an additional reserve above and beyond what I'm looking to actually spend on a boat initially for those specific reasons. I'd originally thought of the extra as 'wiggle room' on prices, but since it's well documented that most older boats will need at least some refitting, I decided to keep the actual purchase price in a lower range so I'll have an allowance for known issues and possibly some 'unknown' issues as well.
Last edited by ballchain; 06-11-2009 at 07:26 PM.