"Ron Thornton" wrote in message
...
Go to the site and you will see they are asking $30,000.

Ron

Ron,
If you go back to the site, you will find that you are ALMOST correct in
that the asking price is indeed $30k. However, if you take the time to read
the details, you will also find that the currency is in CANADIAN Dollars and
also that the boat is located in CANADA. Both of these factors are somewhat
important.

Another search that would be useful, would be to look at say, Yachtworld
(www.yachtworld.com) - There are 8 M33 OI,s for sale with ASKING prices
ranging from US$21,500 to US$49,000 which equates to a range of about
C$30,000 to C$68,000. Furthermore, prices of US built boats located in
Canada tend to be higher than in the USA because they have to be shipped
here, duty paid etc. A fully restored M33 OI with a clean survey should
easily fetch C$55 - $60k up here.

If someone was able to buy the boat in question for say C$25k, spend about
$5-10k and put in a few hundred manhours, they would have a RESTORED boat
for less than one of the USED boats listed, which themselves may need work.

Anyone looking at actually doing such a project would see that this is not
such a bad deal.

Graham