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Go Back   SailNet Community > Out There > Cruising & Liveaboard Forum > Living Aboard
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  #21  
Old 05-15-2012
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Re: Pitfalls of trading up?

Quote:
Originally Posted by GeorgeB View Post
If you are on a budget, keep the upgrades to a minimum and with the thought of transferring them over to the big boat.
Yup, this is exactly the way I have been approaching it. Btw, just got a materials quote from my friend, and I can cover all the cushions and make a new mainsail cover for just under $400. And of course, some elbow sewing grease, so to speak. Also, since I'll have the shop available, cutting the patterns will be a breeze (i.e., plenty of room to lay everything out).

Wrt the marina? You and the missus are more than welcome to drop by to say "hi." Will pm the gate/slip.
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  #22  
Old 05-16-2012
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Re: Pitfalls of trading up?

I would be reluctant to upgrade, if I was expecting to sell the boat. I would, however, be sure that repair was done to worn out items. This is especially the case for obvious aesthetics. As DRF said above, it tells a story to the new buyer about how well you took care of things that may not be as obvious. Worn out, broken, duck taped, jerry rigged, (fugly I think you said) etc and I start to wonder if you ever changed the oil.

As far as owning two at once. Avoid it at all cost. Rent if you have to between boats. You will have no way to know if both vessels in your fleet end up required huge repairs at once. The boat you haven't sold may require them upon survey of the new prospective owner. Rent is cheap by comparison.
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In the harsh marine environment, something is always in need of repair. Margaritas fix everything.
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  #23  
Old 05-19-2012
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Re: Pitfalls of trading up?

We've "upgraded" twice over the years and each time the new purchase was contingent upon the sale of the previous boat or the old boat was vacated by agreement upon the delivery of the new vessel. Maybe we were just lucky, but we always ended up with a one time move of our stuff from one boat to the neighboring boat.
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Old 05-20-2012
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Re: Pitfalls of trading up?

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Originally Posted by CaptainForce View Post
Maybe we were just lucky, but we always ended up with a one time move of our stuff from one boat to the neighboring boat.

I have had the same good fortune but the reason I think things like this work out well is to purchase a boat you know will be marketable when the time comes to sell.
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