On Mon, 24 Nov 2008 09:03:44 -0500, wrote:

On Mon, 24 Nov 2008 20:26:20 +0700, Bruce in Bangkok
wrote:

On Mon, 24 Nov 2008 05:14:32 -0800 (PST), "
wrote:

On Nov 24, 3:42?am, "Roger Long" wrote:
We started out looking casually at much less expensive boats than the one we
bought because we weren't very serious and I didn't realize how much I was
going to like sailing and cruising after not doing it for 15 years. ?We
found a 28 footer for $1,200 and negotiated the price down to zero. ?The
estimate to have her fixed up minimally was 15 grand and we decided that we
could afford it. ?Then, I started looking at used boat boat prices and
realized that she would be worth about 6 after we were done. ?That broke the
psychological price barrier though and we went out and bought twice as much
boat for the same 15 thousand. ?She's now about a 75 thousand dollar boat,
counting the value of my labor, and I probably could get 20 for her in
today's market.

--
Roger Long

I'm not sure how the value thing works with older boats, duh I turned
down an older ski boat for $400 and found it was worth atlest $4k but
I have had my heart set on the sail boat since I saw it 4 yrs ago so
I'm very clueless to values.

I know when it comes to some of the older VW's that in 63 you could
have bought a vw van for about $1500 new and down to free to a few
hundread when they were just a few yrs old to now where some are going
as high as $60k or more. I'm a firm believer that things get better
with age. or atleast older things are worth fixing.

the engine I traded was worth about $750 and cost me little to
nothing, so I figure so far I've gotten a great deal but regardless
its not the end value but the dream that will make this worth it for
me.

I'm not sure how much work the other boat will need but I'm sure
everything is there for it and he has been working on it a few years
befor he passed away. He and his brother reconditioned boats at the
coast so i'm sure all the work was professional.


My experience is that, other then inflation, used boats do not
appreciate. Quite the contrary, they go down in value and in addition
the number of things that go wrong multiply... rapidly.

I'm not saying that one shouldn't buy a second hand boat, rather one
should not do it with the intentions of making money on the deal.

If you want a boat then go for it but it IS going to cost you money.
Or, at least it always has in my own case.
Cheers,

Bruce
(bruceinbangkokatgmaildotcom)

I pull equity out of my boat everytime I am aboard. I've gotten a lot
more value out than I put in.


True. But it isn't cash equity. Satisfaction and peace of mind
certainly have value but it is very difficult to quantify it.

Cheers,

Bruce
(bruceinbangkokatgmaildotcom)

On Tue, 25 Nov 2008 08:58:55 +0700, Bruce in Bangkok
wrote:

On Mon, 24 Nov 2008 09:03:44 -0500, wrote:

On Mon, 24 Nov 2008 20:26:20 +0700, Bruce in Bangkok
wrote:

On Mon, 24 Nov 2008 05:14:32 -0800 (PST), "
wrote:

On Nov 24, 3:42?am, "Roger Long" wrote:
We started out looking casually at much less expensive boats than the one we
bought because we weren't very serious and I didn't realize how much I was
going to like sailing and cruising after not doing it for 15 years. ?We
found a 28 footer for $1,200 and negotiated the price down to zero. ?The
estimate to have her fixed up minimally was 15 grand and we decided that we
could afford it. ?Then, I started looking at used boat boat prices and
realized that she would be worth about 6 after we were done. ?That broke the
psychological price barrier though and we went out and bought twice as much
boat for the same 15 thousand. ?She's now about a 75 thousand dollar boat,
counting the value of my labor, and I probably could get 20 for her in
today's market.

--
Roger Long

I'm not sure how the value thing works with older boats, duh I turned
down an older ski boat for $400 and found it was worth atlest $4k but
I have had my heart set on the sail boat since I saw it 4 yrs ago so
I'm very clueless to values.

I know when it comes to some of the older VW's that in 63 you could
have bought a vw van for about $1500 new and down to free to a few
hundread when they were just a few yrs old to now where some are going
as high as $60k or more. I'm a firm believer that things get better
with age. or atleast older things are worth fixing.

the engine I traded was worth about $750 and cost me little to
nothing, so I figure so far I've gotten a great deal but regardless
its not the end value but the dream that will make this worth it for
me.

I'm not sure how much work the other boat will need but I'm sure
everything is there for it and he has been working on it a few years
befor he passed away. He and his brother reconditioned boats at the
coast so i'm sure all the work was professional.


My experience is that, other then inflation, used boats do not
appreciate. Quite the contrary, they go down in value and in addition
the number of things that go wrong multiply... rapidly.

I'm not saying that one shouldn't buy a second hand boat, rather one
should not do it with the intentions of making money on the deal.

If you want a boat then go for it but it IS going to cost you money.
Or, at least it always has in my own case.
Cheers,

Bruce
(bruceinbangkokatgmaildotcom)

I pull equity out of my boat everytime I am aboard. I've gotten a lot
more value out than I put in.


True. But it isn't cash equity. Satisfaction and peace of mind
certainly have value but it is very difficult to quantify it.

Cheers,

Bruce
(bruceinbangkokatgmaildotcom)

When you eat a nice meal at a great restaurant with people whose
company you enjoy, do you then do a cost benefit analysis of the
nutritional value of the food versus what you paid for it?

Believe me when I tell you in no uncertain terms, my boat has paid for
itself many times over. How much is it worth in dollars? You couldn't
afford it.

Here's another little lesson that you obviously need badly - data is
not knowledge

Dismissed!

wrote:

When you eat a nice meal at a great restaurant with people whose
company you enjoy, do you then do a cost benefit analysis of the
nutritional value of the food versus what you paid for it?

Believe me when I tell you in no uncertain terms, my boat has paid for
itself many times over. How much is it worth in dollars? You couldn't
afford it.

Here's another little lesson that you obviously need badly - data is
not knowledge

Dismissed!



And price is not value...



--

Richard

(remove the X to email)

The democracy will cease to exist when you
take away from those who are willing to work
and give to those who would not.

Thomas Jefferson

On 2008-11-24 12:54:26 -0500, slide said:

Alan White wrote:
wrote in message
...
Not the chrysler 22 I got but this is an older 30' ? (or bigger)wooden
fixed keel that one of my customers has or her husband was working on
before he died.

If someone here was interested I could get pictures soon and I
believe it can be gotten cheap do to the fact it looks like it would
be hard to move from central NC.

Where in NC? I'm in Charlotte.


I'd bet Oriental. That place seemed like some sort of graveyard for old boats.

I don't believe Oriental is considered *central* NC.

Still, it's a lovely area, with a large community of ex-cruisers (and a
few who are between trips). It seems a quieter version of the
Chesapeake, with less salt.

We were at their dock for a day trying to do some minor work. Almost
had to anchor out to get the work done with the number of sailors
coming by to chew the fat.

--
Jere Lull
Xan-à-Deux -- Tanzer 28 #4 out of Tolchester, MD
Xan's pages: http://web.mac.com/jerelull/iWeb/Xan/
Our BVI trips & tips: http://homepage.mac.com/jerelull/BVI/

Just a casual warning to all the folks on this forum: I'd think long
and hard before doing business with the original poster. His name is
Mario Gavazzi and he operates what I am laughingly going to call a
"business" in Burlington, North Carolina. He has defrauded multiple
people in the air-cooled Volkswagen world and has been banned from
several web sites for fraud.

You can meet him here - this is a clip from a television news
investigation that was done on him. There's actual footage of Mario
the
http://www.youtube.com/watch?v=JeQ8UwWPP4Y

Some supporting documentation:
http://www.mariogavazzivintagewerks.com/
http://www.thesamba.com/vw/forum/arc...t-96792--.html

Well, you folks are adults and can reach your own conclusions, but I
wanted to give you fair warning. Mario and his wife Sherry have
cheated a large number of very nice people, and I'd hate to see you
all added to the list.

Thanks.

He has left quite an Internet trail hasn't he? It makes you wonder if the
business about sailing the incredible shrinking boat off into the sunset
with no ocean experience whatever is just a shill to built up credibilty to
foist the other one off on someone.

--
Roger Long

In article , wrote:

Here's another little lesson that you obviously need badly - data is
not knowledge

Information is not knowledge.
Knowledge is not wisdom.
Wisdom is not truth.
Truth is not beauty.
Beauty is not love.
Love is not sailing.
Sailing is THE BEST

(to completely misquote Frank Zappa - a world renowned sailor if ever
there was one).

Justin.

--
Justin C, by the sea.

cavelamb himself wrote:
wrote:


When you eat a nice meal at a great restaurant with people whose
company you enjoy, do you then do a cost benefit analysis of the
nutritional value of the food versus what you paid for it?
Believe me when I tell you in no uncertain terms, my boat has paid for
itself many times over. How much is it worth in dollars? You couldn't
afford it.

Here's another little lesson that you obviously need badly - data is
not knowledge

Dismissed!




And price is not value...





Speaking of which!!!!!

The economic situation seems to have hit the MacGreggor owners hardest.

As of today there are NINE 26X boats for sale on Sailing Texas.

That's an all time record - so far...




--

Richard

On Tue, 25 Nov 2008 17:29:28 -0600, cavelamb himself
wrote:


Speaking of which!!!!!

The economic situation seems to have hit the MacGreggor owners hardest.

As of today there are NINE 26X boats for sale on Sailing Texas.

That's an all time record - so far...

Assuming they're selling, the 26X/M boats hold value pretty well,
when original boat price is considered.
By that I mean boat only price.
I figure the outboards are hard used and not worth much anyway.
Sort of complicated figuring boat "upgrades" which might not hold any
value to a new owner.
Those high prices might be an argument to just buy new.

--Vic

Vic Smith wrote:

On Tue, 25 Nov 2008 17:29:28 -0600, cavelamb himself
wrote:


Speaking of which!!!!!

The economic situation seems to have hit the MacGreggor owners hardest.

As of today there are NINE 26X boats for sale on Sailing Texas.

That's an all time record - so far...


Assuming they're selling, the 26X/M boats hold value pretty well,
when original boat price is considered.
By that I mean boat only price.
I figure the outboards are hard used and not worth much anyway.
Sort of complicated figuring boat "upgrades" which might not hold any
value to a new owner.
Those high prices might be an argument to just buy new.

--Vic

With that many on the market at onec, those high prices might come
tumblin' down...

--

Richard