
01-30-2012
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Member
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Join Date: Mar 2010
Location: SF - South Bay
Posts: 241
Rep Power: 3
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Okay, I am a fan of the 323 - heck I own one - so may be a little biased :-) They are great boats.
I am hesitant to say "walk" or "run", without understanding your situation. In good condition, a 323 is worth ~$30K, and is a sweet boat. So there are a few questions to ask yourself. The big one is - are you looking for a boat to sail now, or a restoration project.
1) Are you open to paying - and waiting - for what could be a long restoration?
Hypothetically, if you got the boat for $1, and invested $20K, you would be ahead. Maybe a year later. The P323 are well built, and so the damage *could* be minimal.
2) The bilge is full of yuck. Okay, so it has been on the hard for a couple of years, rainwater has filled the interior bilge, which has then become stagnant. Dirt and smells are a big warning, not necessarily terminal!
3) Engine rusty, unsused for 3+ years. This may not be fixable. Say $10K for a new engine (installed). If this is your only problem, and the price is right....
4) My biggest concern are your comments about hull distortion around the shrouds. The shrouds are secured by chainplates, bolted into the hull. Essential structural components. If you do indeed have distortion and crazing in this area, it may indicate severe structural damage which would mean a write-off. The 323s are strong - it would have taken quite a lot to damage that! Perhaps somebody dropped it? Seriously!
Unfortunately a photo of a dirty bilge is not a lot to give sound advice on! If you are still interested, get a surveyor in for a quick look-over (not a full survey); s/he will be able to give you an idea of the scope of the work required, and a guess at a fair price. Don't necessarily run - but make sure you look further with your eyes wide open.
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