What's an 1973 Oday 23 Worth? - 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
  #1  
Old 08-15-2011
heinzir's Avatar
Junior Senior
 
Join Date: Jul 2000
Location: Lake Minnetonka (near Minneapolis, Minnesota)
Posts: 246
Thanks: 0
Thanked 1 Time in 1 Post
Rep Power: 15
heinzir is on a distinguished road
What's an 1973 Oday 23 Worth?

While driving by a local boat ramp, a friend of mine saw someone having trouble pulling out a 23' sailboat. He stopped to help and then chatted with the owner for a while. Turns out the owner, in his late twenties or early thirties, had just inherited the boat. He knows nothing about sailing and does not want to keep her. He asked my friend if he would help him sell the boat for a 20% commission. They exchanged phone numbers and a few hours later the boat owner called saying he just wanted to get rid of the boat as quickly as possible. He would sell it to us for $600.

Neither my friend nor I want or need another boat. My Venture Newport 23 is perfect for me and my friend loves his Rob Roy 23. If we bought this O'day 23 it would be for resale. The $600 includes the boat, trailer, and Volvo(?) outboard. I'm thinking the trailer alone is worth more than $600. I have not yet seen the boat but am told it had been neglected for several years. It is very dirty and has lots of mildew/mold stains. The hull needs a good buffing or a paint job.

I don't mind putting some work into it to get it looking good, but I don't want to start a major project on a boat I'm not going to keep. Where and how should we check for major problems, like delamination? If the hull/deck have any major problems we will probably pass on this opportunity. If we were to buy it and decided to cannibalize it for the trailer, winches, hardware, etc. how would we get rid of the fiberglass? Cut it up into little tiny pieces and put it in the trash?

How much would we be able to sell the boat for if we cleaned it up and found no major problems? Our sailing season here in Minnesota has only about two months left and we don't want to have to pay winter storage fees. Neither of us has room in our yards or driveways for another boat. And yet we find it hard to pass up on a good deal.

Your thoughts?
__________________
Henry
Chiquita - 1974 Macgregor Venture of Newport 23

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Reply With Quote Share with Facebook
  #2  
Old 08-15-2011
tommays's Avatar
Senior Member
 
Join Date: Sep 2008
Posts: 4,245
Thanks: 1
Thanked 25 Times in 25 Posts
Rep Power: 7
tommays will become famous soon enough
The Volvo outboard has negative value
__________________
1970 Cal 29 Sea Fever

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

1981 J24 Tangent 2930
Tommays
Northport NY


If a dirty bottom slows you down what do you think it does to your boat
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Reply With Quote Share with Facebook
  #3  
Old 08-15-2011
smallboatlover's Avatar
Huck
 
Join Date: May 2011
Location: Rhode island
Posts: 503
Thanks: 0
Thanked 1 Time in 1 Post
Rep Power: 4
smallboatlover is on a distinguished road
were are you i would love to have a oday 23
__________________
16' mistral sailboat, And 27' coronado
Reply With Quote Share with Facebook
  #4  
Old 08-15-2011
heinzir's Avatar
Junior Senior
 
Join Date: Jul 2000
Location: Lake Minnetonka (near Minneapolis, Minnesota)
Posts: 246
Thanks: 0
Thanked 1 Time in 1 Post
Rep Power: 15
heinzir is on a distinguished road
Quote:
Originally Posted by smallboatlover View Post
were are you i would love to have a oday 23
Minneapolis area
__________________
Henry
Chiquita - 1974 Macgregor Venture of Newport 23

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Reply With Quote Share with Facebook
  #5  
Old 08-15-2011
smallboatlover's Avatar
Huck
 
Join Date: May 2011
Location: Rhode island
Posts: 503
Thanks: 0
Thanked 1 Time in 1 Post
Rep Power: 4
smallboatlover is on a distinguished road
dam only if you were a city or any closer would i get it. i'm in rhode island
__________________
16' mistral sailboat, And 27' coronado
Reply With Quote Share with Facebook
  #6  
Old 08-15-2011
CalebD's Avatar
Tartan 27' owner
 
Join Date: Jan 2008
Location: NYC
Posts: 4,551
Thanks: 4
Thanked 87 Times in 80 Posts
Rep Power: 7
CalebD will become famous soon enough
Here is a crude estimate for you. I think you'd be lucky to get $1200 for the O'Day 23', trailer and Volvo motor (negative value) as is now. If you cleaned it up and made it workable then it might be worth more but not much more then 2-4K$.
The current owner will likely need to pay about $600 for the winter if it is kept at a marina or not if it is on a trailer in his driveway. I'd keep in touch with him and show interest in his boat without making an offer for as long as you can. He will either become disgusted or he might deal with you and make you a better offer.
I'd guess that a lot of sellers are looking for a new owner who has an interest in their boat and may let it go for cheap and there are other sellers who are just going for the highest perceived dollar value. On the bottom end of the boat buying food chain people tend to be a little more flexible.
IRMV, YMMV.
Best of luck.
__________________
"The cure for anything is salt water~ sweat, tears, or the sea." ~Isak Denesen

Everybody has one:

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Reply With Quote Share with Facebook
  #7  
Old 08-15-2011
BarryL's Avatar
Senior Member
 
Join Date: Aug 2003
Location: Long Island, NY
Posts: 1,615
Thanks: 3
Thanked 27 Times in 26 Posts
Rep Power: 12
BarryL is on a distinguished road
Hello,

As Caleb wrote, an old trailerable boat in good condition will go for around $2K. An old boat in poor condition isn't really worth anything.

IMHO, if the sails are decent and the gear (winches, rig, rudder, etc.) is all there and serviceable, then it might make sense to pay $500 for it. Clean it up, like REALLY CLEAN IT UP and make it all shiny and pretty, and then you could sell it for a small profit.

good luck,
Barry
__________________
Barry Lenoble
Deep Blue C, 2002 C&C 110
Mt. Sinai, NY

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Reply With Quote Share with Facebook
  #8  
Old 08-16-2011
Junior Member
 
Join Date: Aug 2011
Posts: 1
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
ryman522 is on a distinguished road
I am in the Minneapolis area and am interested this boat. I just passed on a Catalina 22 due to "too much neglect" but am still looking for something I can fix up for a reasonable price. Not trying to hijack your post about the boats worth, but lets get in contact and maybe i can be a potential buyer or you can put me in contact with the inheritor.
Reply With Quote Share with Facebook
  #9  
Old 08-16-2011
heinzir's Avatar
Junior Senior
 
Join Date: Jul 2000
Location: Lake Minnetonka (near Minneapolis, Minnesota)
Posts: 246
Thanks: 0
Thanked 1 Time in 1 Post
Rep Power: 15
heinzir is on a distinguished road
Quote:
Originally Posted by ryman522 View Post
I am in the Minneapolis area and am interested this boat. I just passed on a Catalina 22 due to "too much neglect" but am still looking for something I can fix up for a reasonable price. Not trying to hijack your post about the boats worth, but lets get in contact and maybe i can be a potential buyer or you can put me in contact with the inheritor.
My friend and I decided not to pursue this farther at this point because of personal time commitments, not because of the condition of the boat. I haven't even seen it.

I sent you and another inquirer a PM with the owner's contact information. Good luck!
__________________
Henry
Chiquita - 1974 Macgregor Venture of Newport 23

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Reply With Quote Share with Facebook
  #10  
Old 08-16-2011
LandLocked66c's Avatar
Sunsets and Warm Beer....
 
Join Date: Dec 2009
Location: The Bottom of a Pint Glass...
Posts: 2,111
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 5
LandLocked66c is on a distinguished road
We spent $1200 on our 70 O'day 23. It's easily worth the asking price for sure!
__________________
1971 23' Oday Pop Top
S/V Frida

You can't steer a boat that isn't moving? Just like a life - P. Lutus
Reply With Quote Share with Facebook
Reply


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
1973 Seafarer 24' njohnso6 Boat Review and Purchase Forum 3 10-12-2010 09:55 PM
1973 Columbia 30 rvarnes Boat Review and Purchase Forum 2 08-24-2009 03:27 PM
Beachcat Sailing Series at Fort Worth Boat Club, Fort Worth, TX (The Beachcats) NewsReader News Feeds 0 02-12-2007 03:15 PM
Venture 2-24 (1973) hneely Learning to Sail 8 12-31-2002 04:30 AM
1973 c&c 25 northwester Boat Review and Purchase Forum 0 10-30-2000 01:43 PM


All times are GMT -4. The time now is 05:23 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.