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  #91  
Old 04-05-2013
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Re: Apparently I'm not meant to have a boat...

I'm a little perplexed by the economics of this. The mechanic said the repairs exceed the value of the boat.... Is that based on the current value, or the value after the repairs? I'd imagine a boat like that with a reliable power plant would be worth more than one that had those repairs waiting for the next owner. If you had bought the boat new in 1980 and still owned it, the need for those repairs would have arisen anyway; maybe not all at once, but you still would have had to pay the piper. Back to the economics for a minute; A quick look on yacht world seems to indicate that an 80's vintage Allmand 31 is worth about $20k. I'm not a mechanic by any stretch of the imagination, but $20k for those repairs sounds like a lot. Even at half that, it feels like a stretch.
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Old 04-05-2013
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Re: Apparently I'm not meant to have a boat...

quickstep did a better job of explaining my point. Boat yards will first try to see if they have a blank check. Painful but true.
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  #93  
Old 04-05-2013
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Re: Apparently I'm not meant to have a boat...

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Originally Posted by chrisncate View Post
Huh, I used to be on the Magothy... have you considered Atlantic Marina to haul and work at?
No. Are they decent?

My thinking is that, since Ferry Point isn't responding, I'm going to have to pay for towing, whether it's over to Rock Hall or up to Atlantic Marina. I haven't priced it out yet, but the cost difference between those two destinations may be quickly offset by the skill of the mechanics and the available equipment. Looking at Active Captain and reviews other places, Haven Harbour seems to have a good reputation. They also seem to have the equipment to handle my boat and engine. I can't find too much about Atlantic. Can you tell me more?
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Re: Apparently I'm not meant to have a boat...

Jim
That's a real small yard on Grey's creek. I don't think it will do you.
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Re: Apparently I'm not meant to have a boat...

Thanks Chuck. I spoke with Haven Harbour. They have the room to be able to take me, and should be able to look at the engine some time next week. I'm going to talk to BoatUS about getting towed over there tomorrow.
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Re: Apparently I'm not meant to have a boat...

Quote:
Originally Posted by Quickstep192 View Post
I'm a little perplexed by the economics of this. The mechanic said the repairs exceed the value of the boat.... Is that based on the current value, or the value after the repairs? I'd imagine a boat like that with a reliable power plant would be worth more than one that had those repairs waiting for the next owner. If you had bought the boat new in 1980 and still owned it, the need for those repairs would have arisen anyway; maybe not all at once, but you still would have had to pay the piper. Back to the economics for a minute; A quick look on yacht world seems to indicate that an 80's vintage Allmand 31 is worth about $20k. I'm not a mechanic by any stretch of the imagination, but $20k for those repairs sounds like a lot. Even at half that, it feels like a stretch.
I bet an 1980 Allmand with a messed up engine would sell for 5 grand down here on a good day. It would only fetch 20 grand if completely restored and in primo conditon and the buyer was a little on the newbie side. That is probably what the Marina guy was getting at. And I bet at the end of all this the total will be about 5 grand said and done. More if you pay someone else at yard prices to do all the work.
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Re: Apparently I'm not meant to have a boat...

Probably too late, but I could have towed you out, you could have raised the main, then called for a tow to Haven
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Re: Apparently I'm not meant to have a boat...

I finally got an estimate from the local marina. I'd have to sit in a slip for nearly a month before they can pull her so the shaft and prop could be inspected (and of course, pay $400 while I sit there). Then it's almost $500 to pull and block the boat, plus $235 per month while she's on land. Then there are the repair costs - their estimate adds up to about $9,000, not including the storage, hauling, and blocking fees.
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Re: Apparently I'm not meant to have a boat...

Shop around, except for the needed bits, and storage stuff most of the 'work' is wrench turning level.
Fine adjustments you pay for, grease monkey level you grunt it out.
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Re: Apparently I'm not meant to have a boat...

That's pretty much were I'm netting out too, Chuck.
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