Hello all, I'm pretty new to sailing. I bought a little Sea Snark a few months ago for sailing around the beach/bay down here in Miami and I've been bitten by the sailing bug!
So, That said I've researched quite a few boats and I think the Compac 16 is the boat for me. It was between that and the Potter 15 but the mix of the fixed keel and shallow draft makes it a good candidate for sailing around Biscayne Bay and the Keys and such I think.
I went to go look at the only local one I could find the other day. The guy was asking $2500 for it which I think was way to much. He finally said he would be willing to go down to $1700 but I think it may still be to much.
I took a friend with me who knows about boats and the hull and sails are in good shape. The hull (and the rest of the boat for that matter) needs to be repainted. All the lines need to be changed and a couple cleats and such here and there. The main problem I had with the boat was the pin to hold up the mast was missing and a cast aluminum cap on the end of the boom that connects to the mast was half broken where it connects to the bottom corner of the mainsail.
How serious are these issues? I figured I'd be spending about another $1000 dollars to get this boat back in good order if I do all the work myself. I've noticed Compac 16s are a bit hard to come by around here and I'm trying to decide if I should get this boat and invest in the work that needs to be done.
What do you think? Thanks alot in advance. You help is greatly appreciated