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Go Back   SailNet Community > On Board > Boat Review and Purchase Forum > Looking for Fixer upper Cruising Sailboat
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Topic Review (Newest First)
02-26-2003 02:02 PM
ginotworivers
Looking for Fixer upper Cruising Sailboat

You were lucky!! You found a broker who knew which way the wind blows.
You are far better off spending a little more and getting a boat that is ready to go.
Most of the upgraded items you are paying pennies for and the sweat labor the previous owner put into the boat is free!
My personal experience with our Boat Teacher''s Pet III bears this out. I spent $50,000 over two years, 1998 and 1999 to
put on a new pilothouse a new forward hatch,watermaker,solar panels,new sails including a genniker,rewired the boat and installed a new engine,davits,solid upper lifeline and electric anchor winch.
I''ll be lucky to get my asking price of $37,500 without having to carry a contract.
YOU MADE A GOOD DECISION.
Gene Teacher''s Pet III and the Windjammer, First
Born.
02-26-2003 03:07 AM
pmills42255
Looking for Fixer upper Cruising Sailboat

I was looking for the same thing, but the broker kept leading me towards boats that were actually close to being ready to sail away. All said and done, I spent more, but got much more boat for my dollar. Now, with a boat loan, I am off sailing for 500.00 a month. Taking the "fixer-upper" route, I would be spending over 250.00 just for storage, I could only imagine shelling out thousands of dollars for equipment and parts. bite the bullet, do the math, then buy a boat that is ready to go. BTW, I bought a boat that was someone''s dream gone bust. Those are the deals and they are around, you just have to look.
paul
02-25-2003 03:09 PM
namaste04
Looking for Fixer upper Cruising Sailboat

We were looking for the same boat last year. Ended up spending $33k; will have over $75k into her (purchase price + materials) when done. It was a cash flow thing, otherwise we would have spent the $110k+ for a comparable boat and been away last year. If you count our labor @ $40/hr, by the time we''re done,the total would be around $190k. On the other hand, since we completely doing every major system on the boat ourselves, we''ll be in much better shape when something breaks than if was an unknown system.

That said, I agree with the "walk the docks" advice. Try Indian-something in the middle of Florida. Indian River? It''s in the middle of the state and is chock-a-block with bluewater crusiers that look like they''ve been there a long time. Might be some good deals there.

You can see our project at www.sailnamaste.com

Good luck!!!
Stacey
02-23-2003 04:39 AM
ginotworivers
Looking for Fixer upper Cruising Sailboat

Dream ON!!! To end up with a good,seaworthy boat, with the minimum of necessary gear, you are looking at a minimum of $50,000 it can be in sweat labor,dockage or shipyard fees or basic parts. Dreams have a way of changing. Wait until you are ready to go!!
Buy someone''s that has do it and is ready to go because there plans have changed!!
Gene
02-21-2003 09:24 AM
Stan S
Looking for Fixer upper Cruising Sailboat

Another good indicator for boats in the slip is a good crop of barnacles at the water line. You know that the boat at least floats and is probably not being used (if not a live aboard) .
02-20-2003 01:01 PM
taborekle
Looking for Fixer upper Cruising Sailboat

Walk the docks and also the yard for boats that have been up on jackstands or blocked up. Look at the state registration sticker. If its years out of date, thats a good indication. Then see the marina office about contacting the boat owner. Often these marinas are more then willing to help make a yard eyesore go away.

Larry Taborek
C27 Dixie Chicken
02-20-2003 06:41 AM
c172guy
Looking for Fixer upper Cruising Sailboat

Be careful of project boats. I met a man with a hurricane boat that he got real cheap. The mast was laying on the deck covered with blue tarps and assorted trash. I almost fell off the dock when he told me that he had been working on the boat almost every weekend for five years!!!!! I think that unless you just enjoy sniffing fiberglass most of us would be better off getting a second job or working overtime and saving the money to buy a boat. He was tied to a dock so with 5 years at 100+/month that''s $6000.00 in slip fees!!!! After five years the diesel was probably in poor condition. I didn''t have the heart to ask what he paid for his great deal.
Tom
02-17-2003 01:47 AM
KeyDreamer
Looking for Fixer upper Cruising Sailboat

I''m also looking for a project boat, but in the 26-30'' range for under $5000. I''ve been shopping most of the places mentioned and there are plenty of boats that would fit the bill but a lot of them are long way from me. I need to find one on the Gulf Coast,MS,LA,AL,No.FL,Lake Pontchartrain,etc.

Thanks, Gene
02-16-2003 01:09 PM
slipacre
Looking for Fixer upper Cruising Sailboat

Searching boatyards near you is probably the best bet as suspect that you will have to work on her where she is before you can move her to a more convenient location. They are out there - and although you can save much $ by doing yourself - be prepared for some expensive parts and have a lot of time available. There may be a good reason that the boat was abandoned. It is very easy to put more money into a hulk than it will ever be worth. You might also look for slightly more expensive boats with less expensive fixes.
Also realize a variety of skills may be needed from carpentry to mechanic to rigger to fiberglassing.

good luck todd
02-14-2003 12:48 PM
hamiam
Looking for Fixer upper Cruising Sailboat

try the publication "Soundings" and/or online at Soundingsonline.com or www.yachtworld.com . Search boatyards is another option as is insurance autions, ebay, etc.
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