I can understand why others here would warn you away from a Hinkley as a first boat. I will dissagree. If the boat touches you, go for it. They are well built and will hold their value well (as will the boats I mention). I just do not consider learning to sail to be that big of a deal. Motoring is the hard part, but you will figure it out. Gell coat is not that expensive to repair (I just got a bill for $350 last weekend and I have been boating for 15 years). Get the boat that touches you the first time and if you like the name and reputation of the Hinckley, go for it. You won't be ashamed of the boat and she will keep you safe as long as you don't do something stupid. Keep her at a good yard where you can either have your maintenace done or be supervised as you learn it yourself. Good yards/marinas are expensive so don't go cheap.
Sahara may be able to give you a better idea on costs of the Hinckley, but our costs at 40/42 feet run about $7,500 annually not counting any major purchases. When we move her to Florida, those costs will increase $5100 to about $12,600. If you are going to take out a loan, you will need to add that into the cost of the boat too. Our boat is new, though, so we may not have the maintenance issues you have. Our neighbors who have a Panda, Mason, and Taswell (and dad on his Tayana 42) do most of their own maintenance and
varnish and I would suspect you might enjoy doing it too. I think those of you that own those types of boats would get some enjoyment from doing it.
And just one other point, my mom and dad, at 59 yo, bought their first boat in their lives: A Tanaya 42. Certainly that would not be considered the easiest boat to learn on either. But they love her and would not trade her for the world. I suspect if you get that Hinckley, you will feel the same. Just look at the other boats I will mention as they may touch you too. They are comparable in price and luxury.
Here are some of the boats we looked at that were sail boats and maybe similar to your boat at least in comfort and appeal:
The Mason 44.
1990 Mason Sail Boat For Sale - www.yachtworld.com
Classy boat. I love them and always have. Lots of teak and very comfortable inside. They were made in Taiwan (Ta Shing IIRC), considered the best yard in Taiwan. PAE, who built/import these, also makes the Nordhavn which is argueably the worlds best trawler. These boats are top notch. I estimate you could get a late 1980's in the mid to low $200's.
Taswell 43
1989 Ta Shing Taswell Sail Boat For Sale - www.yachtworld.com
I love these boats. They are very luxurious. They are very comfortable inside. They will take you anywhere. They are also built at Ta Shing. Super boat. These boats are custom so make sure you check access to systems to make sure that the owners did not do anything stupid. I have been on a 43 and a 49 and have been nothing but impressed. If I were to buy one, I would probably opt for the 49 as I like the space better, but the 43 is a great boat too. The 49 may be more than you want to spend, but I suspect the 43 to be comparable in price to a Hinckley.
I never checked out a Hinckley. I looked at them online and never could see it working for us. We have two boys and plan on cruising, so the layout and space below was imperative. It had nothing to do with the absolute quality and reputation of the boats. Of all things, we actually made offers on a Nordhavn and two Kadey-Krogens. I know this is Sailnet, but depending on what type of sailing and cruising experience you have and plan on doing, it may at least be worth considering. It doesn't cost to look (well, yes it does but the cost of flying around the country is half the fun).
Just a lot of random thoughts. Hope it helps. All the best,
- CD