Join Date: Jul 2008
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At what point is enough enough?
So I bought a 32 year old boat last September and made big plans for it, with the biggest single expenses being replace the moldy cushions ($2,000), soda blast and apply a barrier and new paint ($1,900), replace much of the running rigging and upgrade the electronics.
But now I find this rot in the foredeck that has completely shaken my confidence in the survey that was performed and in the boat itself. I realize that this one section can be fixed but I'm worried that there is more and other problems not yet detected.
I have put the soda blasting on hold and can probably cancel the cushions, although I think the fabric is ordered.
The electronics can come with me to the next boat, but other than that, it looks like this boat either has or will have no value. I was hoping to keep it for the next 8 seasons and look at a new boat then, but if the cost of maintenance is going to exceed the cost of the payments, I am probably just wasting money.
At what point do we just pack it in?
Last edited by jarcher; 05-17-2009 at 11:37 AM.