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Go Back   SailNet Community > On Board > Gear & Maintenance > YIKES!!!!! 30+ foot boats are expensive!!
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Thread: YIKES!!!!! 30+ foot boats are expensive!! Reply to Thread
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Topic Review (Newest First)
08-21-2006 09:04 AM
cardiacpaul heres what I found

04/03/2005

http://www.sailnet.com/forums/gear-m...g-my-boat.html

01/04/2005
http://www.sailnet.com/forums/gear-m...santana30.html


03/17/2004

http://www.sailnet.com/forums/buying...30-footer.html

his bill for the keel was a little over 8000.00
08-21-2006 01:10 AM
sailingfool This thread has been dead for over two years.

I wonder what has happened with John232 and his $500 Shock 30? I'll bet there's an interesting ending to this story, perhaps sitting in a backyard somewhere...I wonder how much John actually spent before he lost his enthusiasm.
11-13-2003 01:48 AM
john232
YIKES!!!!! 30+ foot boats are expensive!!

I REALLY APPRECIATE THE SUPPORT. FROM SOME OF YOU ALL. I did research this boat before I put the low bid on it, and didn''t think I had a snowballs chance in he!! of winning the auction, but I did. Also I was VERY fortunate that this boat had excellent mast and boon, excellent, and up graded roller furling and sails, oversized winches, also excellent gelcoat and strong front hatch/port lights, the wheel steering was a big surprise (just like Christmas) because most of these boats didn''t come with this optional set up, I was tickled when I saw the all teak interior, and the head liner didn''t get wet at all, infact I noticed (while cleaning it out) that everything from the sette benches up was basically un touched by salt water. For piece of mind I will probably change out the electrical, but I will only have it on a fresh water lake a mile from my house so I won,t need reefers and radar, GPS ecc, ect. I will only need a depth guage (already have a good transponder) speedometer, and engine instruments and I will have the ultranator and starter rebuilt. When I mentioned how expensive 30+ feet boats were, I had just got done looking at a new Western Marine catalog and I saw so many things in there that I WANT not NEED like a teak **** pit wheel table for 400.00 and a teak cockpit floor 500.00, and cabin sole teak floor (I saw the floor somewhere on the net) for 600.00 and then I started wanting lazy jacks and a spinaker set up (this boat didn''t come with the spinaker set up) about 3K for what I wanted and then I started looking at kevlar sails jeeezzee are they expensive (If I had a J80 I might consider kevlar but I really don''t need them for a cruised) Then I saw biminis and dodgers (maybe in a couple of years when I put the boat in the ocean). Any way I was just realizing that if a person wanted to they could spend a lot of money on things they may or maynot need if they wanted to personalize a boat to there tastes and desires. Getting back to my boat I can say that I was VERY lucky that things have turned out better than expected and if someone is deciding to do what I have done I would strongly suggest that when you find a boat you like on the Auction sight, that you first ask alot of questions about the boats condition and GET IT IN WRITING. when you receive the boat make sure you inspect the ACTUAL condition of the boat and make sure the auction dammage report matches what you verify in your own dammage inspection. You have legal grounds to get your money back and delivery fees and expenses incurred if the Auction report does NOT match your survey/inspection report for accuracy and truthfullness. Make sure you get a salvage report from the company that salvaged the boat to begin with, and there phone number so you can talk to who ever was involved in the salvage attempt and operations. Also talk to the insurance company that totaled the boat and talk to there surveyor (you can get loads of info from them). Remember that a company that rescues the boat can get a salvage fee as much as half the book value of the boat and the insurance company has to pay up, and if the boats value was 30,000 dollars and the Salvage company gets 15,000 and the dammage estimate to repair the boat is 10,000 then the insurance Company is liable for paying 25,000. So the insurance company usually will put the boat up for auction and cut the owner a check for 30,000 dollars. Thats how it works alot of the time and if you can get a low bid on a decent boat then you win out pretty well, but you have to do your homework and cover your a$$, it wouldn''t hurt to get your own surveyor and SEE the boat IN PERSON if you can, but if you can''t see the boat than get the condition of the boat IN WRITING FROM THE AUCTION COMPANY. And study the pictures that are on the web Auction sight as closely as you can. Sometimes they have as many as 40 or 50 pictures of the boat and its dammaged areas for you to look at and STUDY and ASK LOTS of QUESTIONS. Hope this can help some of you. Later.
11-12-2003 07:17 PM
paulk
YIKES!!!!! 30+ foot boats are expensive!!

People coming into this discussion at this point may not be aware that this vessel was apparently submerged. (That discussion was in a separate thread, along with the length of submersion.) The need for a new/replacement keel seems to stem from the sinking or retrieval of he vessel. (Maybe it was cut off so as to float the hull?)

There are companies whose sole function is to help people avoid purchasing cars that have fallen into the water and been retrieved, because everything in the cars ends up not working properly. The systems on a boat may be simpler and cheaper to replace than a BMW''s, but the systems will probably ALL need to be replaced, and for a boat like this, it is not necessarily cost-efffective. Boat ownership is not usually cost-effecttive, but this could turn out to be an extreme example.
11-12-2003 06:25 PM
BigZ
YIKES!!!!! 30+ foot boats are expensive!!

Don''t worry, the costs you are seeing are not recurring, they are a one time expenditure. Hardware lasts a long time, even sails will last up to 15 years, depending upon your sailing expectations.
With your stated income you''ll have no problem affording the boat after this initial spike.
Have fun.
11-12-2003 06:24 PM
sailingfool
YIKES!!!!! 30+ foot boats are expensive!!

Stede,

Fairly said. I guess the jamming responds something of a "waddaya know..." attitude. Hopefully this subject having beeh dragged over several times will have some tangental benefit to someone.

You can lead a horse to water but you can''t make him drink.

So hey, want to go in on a good deal on Beneteau 361, needs some work?

Regards.
11-12-2003 03:52 PM
Stede
YIKES!!!!! 30+ foot boats are expensive!!

Sailingfool,

I don''t dispute what you or others have said concerning the associated costs of rebuilding the boat.After John''s first post,it was pointed out to him the potential to "get hosed" with the project. IMO,after that fact was pointed out to him,the only input this board should''ve given him was encouragement,and help if possible,or no comment at all.Maybe I''m out of line here, but it just appeared to me that the guy came here asking for opinons and possibly some help,and all he got was jammed on.If I''m wrong in my view of this matter,my apologies to everyone involved.
11-12-2003 03:03 PM
sailingfool
YIKES!!!!! 30+ foot boats are expensive!!

Stede,

This situation goes beyond the usual "boating is an expensive hobby". If you haven''t borne the heart-stopping expenses of major system upgrades to a boat, you cannot appreciate the cost potential, as it has no relationship to other experiences most of us ever have. You can reasonably take on a project boat provided you carefully minimize the risk. Minimizing risks involves knowing all work that needs to be done and what it may cost, before commiting yourself!
To dive into a boat, sight unseen, without a survey, not knowing the model is reckless, even if the boat were free. Only $500, right? Well the $500 is the opening bid in the game, the next ante has taken it to $3000, or perhaps $7000 depending on the commitment to the keel company. Even today, well into the game, it seems uncertain what the cost of an operating engine will be. Need a new engine (who knows) and now the ante is $17,000. Still the question will remain - what else?

The point is there''s big bucks involved here - possibably more than the future value of the boat - and one needs to tread carefully, or risk getting finacially hosed.

If you want to take a shot at this game, check out www.certifiedsales.com and you''ll find plenty of "opportunities" like this one. Check the 2003 Beneteau 361 - I''ll bet someone might be able to get that baby for a few grand and hey, it''s already in Bermuda.

I hope John232 turns out to be as lucky as he is happy!
11-12-2003 09:38 AM
kokopelli9
YIKES!!!!! 30+ foot boats are expensive!!

It is always better to "travel hopefully"!
If this boat gives you "hope", if you are willing to do the work, then to hell with what anyone else says. Stay positive and miracles do happen...even in the boat world. Your Santana is your "yacht"...keep it just that in your head and it will become that. Somethings are all about perspective.

Kokopelli
11-12-2003 06:27 AM
Stede
YIKES!!!!! 30+ foot boats are expensive!!

With all due respect,I don''t understand this line that seems to have been drawn over John232 rebuilding the Santana.I know there are many more knowledgable people than me on this board in regard to the aspects of boat construction,but in this scenario, I don''t believe it matters.When John first posted he had bought the boat for $500 along with the other particulars, I thought "well, he might of got one hell of a deal,or he might of just got one hell of a headache." But while reading his comments, it seemed to me that he was going into the project with both eyes wide open.He reported back the damage that he found on the boat once he physically got it,accessed the associated costs,and then developed an action plan.In the business I''m in, that''s pretty much how we approach problems.When he reported he thought the engine was shot,someone mentioned the replacement cost of $8-10K.There was no mention of what it would cost to rebuild the engine,or possibly buying a used one. John made some "off the cuff" remarks about the other costs involved with rebuilding the boat,and suddenly the project became a "white elephant." To me, his remarks were no different than me complaining about spending $35 for a tiny cooling water impeller for my small Volvo-Penta diesel.I was following his original thread because I was interested in how the project would turn out.As I look around at boats to upgrade to, I''ve considered many options. Maybe buying an older boat knowing that I''ll have to replace the engine in it,but weighing out those costs as appropriate. The way that John has approached this project tells me that he has more between his ears than unrealistic dreams.Do we really need to tell him that he doesn''t understand how much he will potentially spend on the boat compared to what it will be worth? If I had the opportunity that John did on this boat,and was wanting a boat in the 30ft.range,I would''ve gambled the $500 too.I would''ve done some preliminary research on the particular make,and model,as I imagine John did,and then proceeded if I thought it was worth a shot.I would hope that my sailing brothers and sisters would offer me both constructive criticism, as well positive encouragement with such a project.
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