Join Date: Oct 2007
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Re: What is this??
Sit down and then slap yourself two or three times in the face. Are you thinking clearly now? That boat is going to take a LONG time to put right. As mentioned above, you are going to sink A LOT of money into the boat, even if just bringing it back to "workboat" standards ("yacht" standards is more expensive). You will be buying all the bits and pieces at retail prices, which will add up quickly. You are basically building a new boat from a bare hull (or so it seems from the pics). Unless this is a very special hull, it just doesn't make sense to rebuild it (and an old IOR racer/cruiser is probably not a special hull). The other thing to remember is this: if you start the project you have to finish it or lose your investment. If you get halfway through the rebuild and give up it will be very hard to find someone who will buy the project from you. These boats are free for a reason. That said, if you absolutely LOVE to work on boats and prefer to be in a workshop on weekends rather than out sailing, then it could be for you. I think that in today's market in the US you can find a nice, clean used boat with everything in order for a fraction of the cost of restoring that one. Just my 2 cents...
Last edited by copacabana; 07-16-2012 at 09:44 AM.