Join Date: Dec 2008
Location: North Carolina
Thanked 15 Times in 11 Posts
Rep Power: 8
You're considering an old (80's) boat. The reason they don't cost the same as a new boat is that they are old and have wear and tear, including water intrusion into the deck to some degree. When you sell it, it will still be an old boat, no matter how much you spend on it. And your prospective buyer will have the same concerns that you have. Just buy the boat if you like, use it, then sell it, and expect to have to discount it a bit from what you paid because it is older and has even more wear and tear, including more core rot.
If you were going on extended offshore voyages, then such things would be more of a problem, but most of us don't do that.
In my opinion, people waste lots of money on replacing standing rigging, grinding away fiberglass to solve a blister problem, and trying to recore boats. It seems like punishing yourself for no reason. Buy a boat you can use, and leave the heavy maintenance (upgrading I think they call it) to others.
Last edited by NCC320; 03-11-2010 at 10:11 AM.