|Topic Review (Newest First)|
|03-01-2011 09:44 PM|
|urbanhermit||if someone wasn't able to make payments, you would think the maintenance was probably substandard as well.|
|03-01-2011 09:00 PM|
The problem with buying boats at a bank or other auction, is most are sold AS IS, without the ability to get a survey or even view the boat in person. That can mean you can end up with a boat that has an actual negative value.
Originally Posted by XINI View Post
|03-01-2011 07:35 PM|
Ok, yes I definitely don't wanna end up with such a bill... So insurance for sure. I should probably also calculate annual check-ups? This and the 30% repair fund, will then of course get my level down to a 10-15K $. Thanks for these considerations.
Does any of you have heard about someone buying boats owned by banks in an auction? I just saw an Ericson 30' 1984 for $10'000 listed for a "foreclosure" selling.
|03-01-2011 04:44 PM|
Originally Posted by XINI View Post
|03-01-2011 02:29 PM|
It looks like you've taken a close look at how you'll actually be using the boat. Often new buyers don't do this and buy more boat than they need or end up using.
Keep a cash reserve for the
Catalina 30 has been the most sucessful boat of its size and appears optimum for the purposes you describe, living on board, relatively easy on new sailors. Pratical Sailor in Feb '08 issue rated it in the top 3 of 70's era used boats (the other two were the Pearson 30 and Tartan 30) You may want to check the article out.
You can check out boat blue book prices to see when depreciation flattens out. That's usually a good age to buy a boat.
Keep a cash reserve for improvements you'll inevidably make. i.e.electronics are usally hanges at about the 7 year point.
The point about getting a boat that a prior owner(s) have put a lot into s key, essentail. I'd focus on boats that have been upgraded in areas important to you. Aso look to avoid future costs. For example repowering is hugely expensive and lotsa' sweat. If you're looking at an older bst that's importatant. Some 70's era boats developed hull blistering I wouldn't get a boat that has hull blistering also a big expensive job. Also water intrusion into the deck core is a big job to fix. Get a good surveyor. New sails an be a strong plus but if it's a lot of racing sails you may not reaal get too much benefit if your goal is cruising
Finally the great thing about a Catalina 30 is that there's so many of them (6,500 built). Check out the class organization website. Also on sailnet's builders forum. They'll be able to tell you anything you want to know about the boat. You'll probably also have a class organization in your area. They can be a good source to find out what boats are available.
|03-01-2011 01:59 PM|
$300 is that per month or per year?
I would keep her in a private docking place, so I guess I wont require that. But is there a "driving" insurance required, in case I sail into another boat?? (You may laugh now about such a stupid question....).
The vaccuum packers are a great idea, thanks.
|03-01-2011 10:44 AM|
|sailingdog||If you're keeping the boat in a marina, you will likely need at least $300,000 of liability insurance, at a minimum. Whether you want/need other coverage is up to you, but most marinas require that as a minimum. If you have a well-found boat without a leaky cabintop, and it is well-ventilated, then mold isn't much of an issue. Storing clothes in the "vacuum" space saver bags can help a lot with preventing mold as can stowing them in plastic storage bins with packets of dessicant.|
|03-01-2011 10:00 AM|
Thank you for all these considerations. Both boats seem to me in pretty good conditions, though of course, my knowledge/experience is very limited.
I wonder if it makes otherwise sense to buy a REALLY cheap boat for the live-aboard fun and just buy a real one whenever I am ready to sail a serious cruise. But I am afraid of having to maintain lots of leaks etc... - my experience from having a old car.....
Since I have a real house in Miami, and would take the boat as home to avoid commuting, I dont have to store too much stuff. I will also have a real office, so it will be some clothes and the usual kitchen things. I do wonder, if my stuff will get moldy without an AC int the boat (like clothes).
Can someone tell me also how much I have to calculate for taxes - and do I need an insurance?
|02-28-2011 03:21 PM|
[QUOTE=night0wl;703169]Gosh, 30 feet is a small space to live CaQUOTE]
guess it depends on your needs, i find my 30 to be big enough for one, has 6'+ headroom and plenty of cozy spots. i would note, though that i have a conference room at work i can use for some storage, though i find that i really dont go in there much. you wear suits to work or flops? might be a consideration.... maybe spend a day at a marina w/brokerage climbing around different stuff to see what grabs you.
|02-28-2011 12:20 PM|
Originally Posted by sailingdog View Post
The best boat values out there are boats in *CHERRY* condition that someone poured their heart and soul into and did a meticulous job only to have a life event change their boating plan. The 3 dreaded "D"s....death, divorce, disability....
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