Join Date: Mar 2008
Location: Anacortes PNW
Thanked 110 Times in 100 Posts
Rep Power: 8
Re: Is a 44' too much?
Something to consider is that the insurance company would not have written a $200,000 check if they thought it could be fixed for less than that.
So if 1/4 of the 200K was matereals and the rest labor at $85/hr then you can expect the job to take WELL IN EXCESS OF 1,750 hours for a well trained crew with full access to a shop and equipment. ($150/000/$85/hr =$1,750 hours or 200+ 8hr days)
Also, do you have the 50K to spend on materials? You're going to have to sub some of the work out, so do you have that money as well? Loans on boats can be had, but not for repair bills.
I'd say that if you ARE currently a fiberglass worker, or rigger, then maybe this could be a do-able project. This is also the size and scope of a project that could break your back. There are many MANY boats in various states of construction languishing in boat yards and in people's back yards because people underestimated the scope of the project.
If you do have the necessary funds to fix up the boat (50-70K) AND the necessary time to devote (200+ days), then why not spend those funds and that time on a boat of the size you want, that is already set up, and go sail!
EDIT: I just realized that I am replying to a 2 year old thread. Oh well.... the advice still stand for anyone else considering a job of this scope/magnitude.
I have a sauna on my boat, therefore I win.
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Last edited by MedSailor; 03-26-2014 at 02:06 PM.