I have a budget, only $160K to spend! - SailNet Community
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post #1 of 20 Old 08-20-2009 Thread Starter
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I have a budget, only $160K to spend!

I know this is a difficult question. Since I have six different windsurfing boards, one best suited for a specific situation. My question, I want to buy a sail boat that I can sail in the Great Lakes, with the potential to take down the east coast to the islands once I retire. I like the feel of a 40 foot waterline for making way.

Thank you in advance for any suggestions you may have.

Gregg
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post #2 of 20 Old 08-21-2009
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Here's a link to Yachtworld search. Found over 1000 results 40-50 feet fibreglass sailboats from 100 to 160k. Best to cruise the list and then look at boats locally wherever you are ( you don't say). If your budget is 160 you are best to spend 30% less to allow for upgrades, fixes, etc Hope this helps.
Brian
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post #3 of 20 Old 08-21-2009
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Welcome Waterboy. For the price you offer, you'll get many responses. Ours is a package deal- you get the teenager, the mean cat, all my fishing gear and maybe an occassionally nagging cook; Oh and a boat.

Seriously - you cant go past a Peterson 44 or 46. These boats are like a stable houseboat in a marina and like a wildcat on caffeine when sailing.
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post #4 of 20 Old 08-21-2009
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I LOVE the Petersons St Anna. You have a really amazing boat.

There is a one that has circumnavigated with a couple from our yacht club for sale at the moment on Boatpoint. It keeps coming down in price, but sadly not enough for this lowly dreamer.

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post #5 of 20 Old 08-21-2009
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Above all, what type of sailing do you want to do? Cruising the carribean or doing the Atlantic ARC and circumnavigation?

Also, do you have $160k cash on hand, or is it that you want to make payments on a boat of a max of $160k?

If I had the cash, ideally I would love to find an older bluewater cruiser (Valiant, Passport, etc) for $80-$100k and then use the rest of the funds to refurbish and refit her completely. In the end, you'll end up with a boat thats worth $130k (refits never recoup what you put into them) however the replacement value of the boat if new would be around $300-400k! Plus you'll have a boat trimmed out to exactly your needs and sailing desires without anyone elses grubby "modifications". Major work would be spent on the following:
engine/running gear work - $25k
rigging - $5k
plumbing - $1k
redo electrical & wiring - $3k (new batteries included)
new electronics - $5k
refrigeration - $1k
power generation (solar, windgen, alternator) - $4k
general interior refurbishing - $5k
bottom job - $2k
exterior repaint - $5000 (but I would get this in Trinidad)

If you're financing the purchase, forget about getting something 40ft+ range. I would scale down my cruising plans *AND* my boat and look in the 34-35 foot range. But get it new and completely set up for cruising from the dealer (upgraded ground tackle, generator, etc) Get as much as you can to be financed. Dont worry too much about a bump up of dollars on your invoice...think about it in terms of monthly payment. Remember CASH IN HAND is worth much more than anything else (if you're financing).

Two different mindsets...two very different scenarios

S/V Jendai
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post #6 of 20 Old 08-21-2009
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LOL @ "only $160,000.

Hunter 38, new. No worries about fixing broken crap, that's what the warranty is for.
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post #7 of 20 Old 08-22-2009 Thread Starter
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Thanks, for all your thoughts.

A friend on the East Coast suggested that I look at a stick built boat from the following: Pacific Seacraft, Tartan, Saber, Older Erickson, Bristol, CS, Hylas, Island Packet and Valiant.

It would be 160K cash, I would finance the rest.

After the boat, perhaps maybe you could steer me on to a windsurfing chick that wakes up with a smile!

Gregg
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post #8 of 20 Old 08-22-2009
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I'll ship

U the girl 4 $60,000 ([UPS) u need paypal account, find a Gemini or something with the $100,000 leftover.
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post #9 of 20 Old 08-23-2009
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Quote:
Originally Posted by waterboyllp View Post
I have a budget, only $160K to spend!
Deleted by Jeff_H, SailNet Moderator, as a personal attack, which violates forum rules.

Last edited by Jeff_H; 08-23-2009 at 02:04 PM.
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post #10 of 20 Old 08-23-2009
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Wow, that's pretty harsh. I'm new around here and all, but I didn't take it that way at all.

BTW, I'd do the Hunter route, too.
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