Join Date: Feb 2007
Location: New Jersey
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I'd agree with not setting the actual purchase budget to match the net sale of your home.
Keeping $ in reserve to fit out the boat the way you want it is smart. So $140,000 to 160,000 would be a good target. You might want to update electronics, or new canvas, dinghy, motor? Davits, who knows... Plus, you have sales tax to pay, insurance to obtain, etc. etc.
A couple of other things to think about if your goal is to cruise the East Coast of the U.S. and the Bahamas.
1.) draft...If you want to do parts of the ICW and get into some of the nooks and crannies..of the East Coast, I'd try to keep my draft under 6 foot...I draw ...3'11" with the centerboard up. If you can do the ditch, you should be able to do the bahamas..5' or under is probably best imo.
2.) Bridge Clearance. You'd want to keep your height @ or below 64 ft. for the ICW...even at that there are a few 55' bridges....Cape May Canal is one..but you can go around and up the Delaware bay......then there's ..Ft Lauderdale....etc...
I like the Sabre 362's Smaller than you wanted, I spotted a few on Yachtworld...one in your neck of the woods...a fresh water boat!
Last edited by tempest; 09-05-2011 at 07:18 PM.