Join Date: Oct 2009
Location: Swarthmore, PA
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Re: Catalina 27 Question....
If you've owned a boat before and know what you're getting into, have at it.
If this is your first boat, run away. I don't recommend that anyone ever get a project boat as a first boat. Find something you can sail, enjoy, and learn on.
$7000 is a very tight budget for a 27' boat. You'll likely have to invest $20,000 or so (plus yard fees for storing the boat while you work on it), and you'll end up with a boat that cost you $27,000 but you’ll re-sell for $7000.
If you're not in a hurry, I'd suggest you save up some more money and buy a boat in good condition that you'll be able to sail right away, and then resell for about what you paid. Purchase price is just the initiation fee, and your dues for joining the owners' club with a project boat will be very high and nonrefundable. Buying a newer or better restored boat has a higher initiation fee but lower dues, and if you take care of it you'll get your money out when you're done.
Rick S., Swarthmore, PA
USCG Certified Captain, OUPV and 50 Ton Master
ASA Certified 101/103/104/105/106
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2001 Catalina 34MkII Tall Rig Wing Keel Breakin' Away, Universal Diesel M35B, Mantus 35 lb. anchor, sailing out of Rock Hall Landing Marina
Last edited by TakeFive; 11-05-2017 at 03:44 PM.