Buying our first sailboat - Page 2 - SailNet Community

   Search Sailnet:

 forums  store  


Quick Menu
Forums           
Articles          
Galleries        
Boat Reviews  
Classifieds     
Search SailNet 
Boat Search (new)

Shop the
SailNet Store
Anchor Locker
Boatbuilding & Repair
Charts
Clothing
Electrical
Electronics
Engine
Hatches and Portlights
Interior And Galley
Maintenance
Marine Electronics
Navigation
Other Items
Plumbing and Pumps
Rigging
Safety
Sailing Hardware
Trailer & Watersports
Clearance Items

Advertise Here






Go Back   SailNet Community > General Interest > General Discussion (sailing related)
 Not a Member? 


Reply
 
LinkBack Thread Tools
  #11  
Old 07-04-2011
Junior Member
 
Join Date: Jul 2011
Posts: 6
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
iBog is on a distinguished road
@paulk now I understand the basis for many of the comments about the Hunter. Thank you. I can appreciate that there are different designs and building techniques that affect the conditions a boat can sail in.

As I said, I'm not looking for a blue water cruiser. Once I get more confident with the Hunter I may consider a blue water cruiser I can sail back to Canada when my time in Bermuda is over.
Reply With Quote Quick reply to this message Share with Facebook
  #12  
Old 07-06-2011
Junior Member
 
Join Date: Jun 2011
Posts: 10
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
CambridgeKid is on a distinguished road
All--

If this guy were to go ahead and buy Boat X, what's the likelihood he can resell it later at the same price? If there's not much change in price I suppose there's not much risk in 'finding the right boat' over some time?

Thanks.
__________________
Nautical Miles of Experience: 4,000 (Green)
Reply With Quote Quick reply to this message Share with Facebook
  #13  
Old 07-06-2011
TakeFive's Avatar
Proud "picnic sailor"
 
Join Date: Oct 2009
Location: Swarthmore, PA
Posts: 2,716
Thanks: 6
Thanked 54 Times in 51 Posts
Rep Power: 6
TakeFive will become famous soon enough
Quote:
Originally Posted by CambridgeKid View Post
All--

If this guy were to go ahead and buy Boat X, what's the likelihood he can resell it later at the same price? If there's not much change in price I suppose there's not much risk in 'finding the right boat' over some time?

Thanks.
Many boats sell for about the same price they were purchased, but only after putting in $1000-$20,000 in maintenance and/or upgrades. The cost is usually not in the depreciation, it's in the expenses of holding the boat and keeping her seaworthy. Plus the seller's commissions, if you need to use a broker to help you sell. Plus the likelihood that it will take much longer to sell than you would like, so your money will be tied up until it finally sells, along with racking up slip/storage fees if she is not kept in your back yard.
__________________

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

Formerly posted as "RhythmDoctor"
1998 Catalina 250WK Take Five (at Anchorage Marina, Essington, on the Delaware River)
1991 15' Trophy (Lake Wallenpaupack)
1985 14' Phantom (Lake Wallenpaupack)
Reply With Quote Quick reply to this message Share with Facebook
  #14  
Old 07-06-2011
Junior Member
 
Join Date: Jul 2011
Posts: 6
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
iBog is on a distinguished road
If I bought a car, I wouldn't expect to be able to resell it later for the same price. Why should I expect to sell the boat for the same price?
Reply With Quote Quick reply to this message Share with Facebook
  #15  
Old 07-06-2011
wingNwing's Avatar
formerly posting as eryka
 
Join Date: Apr 2008
Location: aboard s/v Cinderella
Posts: 1,123
Thanks: 5
Thanked 5 Times in 5 Posts
Rep Power: 7
wingNwing is on a distinguished road
Quote:
Originally Posted by iBog View Post
If I bought a car, I wouldn't expect to be able to resell it later for the same price. Why should I expect to sell the boat for the same price?
Answer: you wouldn't, and I think you have the right attitude - a boat isn't a financial investment that you expect to recoup; it's an investment in quality of life, or great memories. That said of course, an older boat, like an older car, has already done most of its depreciating.

Would you also consider buying a boat on the US East Coast and hiring a captain to sail it back to Bermuda with you? There's lots of selection, and you'd get some great experience on the crossing. Plus, the benefit of the weak dollar just now. (sad face)
__________________

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Cinderella, CSY 33, Photo by Joe McCary

Regret for the things we did can be tempered by time; it is regret for the things we did not do that is inconsolable. - Sidney J. Harris


Shameless self-promotion - my blog for the Annapolis Capital newspaper:
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
still has some glitches to be worked out. Until then, I'm posting at:
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
and
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
! And a new project:
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Reply With Quote Quick reply to this message Share with Facebook
Reply

Quick Reply
Message:
Options

By choosing to post the reply above you agree to the rules you agreed to when joining Sailnet.
Click Here to view those rules.

Register Now

In order to be able to post messages on the SailNet Community forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.
Please note: After entering 3 characters a list of Usernames already in use will appear and the list will disappear once a valid Username is entered.
User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.
Password:
Confirm Password:
Email Address
Please enter a valid email address for yourself.
Email Address:

Log-in

Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools

 
Posting Rules
You may post new threads
You may post replies
You may post attachments
You may edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On


Similar Threads
Thread Thread Starter Forum Replies Last Post
buying a sailboat Vee General Discussion (sailing related) 12 06-28-2010 11:57 PM
buying the right sailboat drpc Boat Reviews 3 11-14-2009 07:48 PM
Buying a sailboat Nancyrock General Discussion (sailing related) 3 09-01-2006 12:06 PM
Buying a sailboat arezba Boat Review and Purchase Forum 3 07-24-2001 08:35 PM
buying a sailboat bailey Boat Review and Purchase Forum 11 12-04-2000 12:59 PM


All times are GMT -4. The time now is 07:07 PM.

Add to My Yahoo!         
Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
SEO by vBSEO 3.6.1
(c) Marine.com LLC 2000-2012

The SailNet.com store is owned and operated by a company independent of the SailNet.com forum. You are now leaving the SailNet forum. Click OK to continue or Cancel to return to the SailNet forum.