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I've heard it rumored that good deals can be had in Papeete Tahiti F.P. from time
to time. Cash, as is, where is. ymmv, Don W. rhys wrote: I don't wish to seem as if I am waiting to pounce on such situations, but that's how I fully expect to find our boat: someone who turned back, or started too late, and now has a 90-99% ocean-ready vessel on the hard eating yard fees. R. |
In article ,
Rosalie B. wrote: You should only spend years building a boat IMHO if your dream is boat building. If your dream is sailing, the buy a boat and sail. Oh, this deserves special note, as it's easily observable truth. -- Jere Lull Xan-a-Deux ('73 Tanzer 28 #4 out of Tolchester, MD) Xan's Pages: http://members.dca.net/jerelull/X-Main.html Our BVI FAQs (290+ pics) http://homepage.mac.com/jerelull/BVI/ |
Jere Lull wrote: In article , Rosalie B. wrote: You should only spend years building a boat IMHO if your dream is boat building. If your dream is sailing, the buy a boat and sail. Oh, this deserves special note, as it's easily observable truth. OTOH, we did meet a nice Canadian couple in Grand Turk who were cruising on their huge trimaran that they had built while awaiting retirement. I'm sure it was a lot of work, but they owned it out right. Don W. |
On Mon, 15 Aug 2005 03:33:03 GMT, Jere Lull wrote:
In article , Rosalie B. wrote: You should only spend years building a boat IMHO if your dream is boat building. If your dream is sailing, the buy a boat and sail. Oh, this deserves special note, as it's easily observable truth. Agreed, but I would make a side observation that I've found has real-life application. If a home builder of some skill (say a professional welder working from a Bruce Roberts kit) gets to the 90% complete mark in finishing a cruiser (say, temporary "plywood and bench" interior, but with engine, mast(s) and all hull work finished), and then decides to give it up due to a host of reasons (age, illness, loss of interest in cruising offshore), you can purchase the equivalent of a $150,000 vessel for a small percentage, and then have it custom-finished to your specifications. I have looked at several such boats, ranging from "hopelessly rusting empty hulls" to "just add teak", and it is very surprising just how finished an unfinished and "hard to sell" boat can be. Obviously, competant and focussed surveying is essential in such cases, as is a willingness to shell out to a decent carpenter/boatyard to get the thing complete. This, however, can be a real opportunity and can save tens of thousands of dollars if done right. There are a lot of "stillborn" boats out there, but some can be successfully revived. This has to be offset by the availability of decent used boats in your area, price point, etc., but I've seen some half-finished interiors that have allowed me to peer at absolutely top-notch gear and systems that will never see the ocean when a capable home builder falls ill, gives up or dies. A tad ghoulish, but there it is. Better the boat gets used than not. R. |
On Mon, 15 Aug 2005 02:11:54 GMT, "John Cairns"
wrote: Sounds like a good plan, especially have to agree with the bit about doing it now when you're able to. Met a fair number of older cruisers last spring in Trinidad that were giving up the sea cruising lifestyle for land cruising, the common reason given was advancing age, I also suspect that the wives were getting sick of living aboard full time. Were my wife not fully behind this (and quite aware of the Spartan elements of living aboard), I wouldn't pursue this dream by myself, particularly as it involves a large financial commitment. But she's a sailor in her own right, and understands the nature of odyssey. Also, she's just 31 (I am 44). In 20 years time, *I* might not want to go, either! R. |
On Sun, 14 Aug 2005 03:56:12 GMT, Don W
wrote: I've heard it rumored that good deals can be had in Papeete Tahiti F.P. from time to time. Cash, as is, where is. ymmv, Don W. Panama is another "end of the line" hot spot. Brokers' listings, if read incisively, tell a lot of unhappy stories. R. |
rhys wrote:
Agreed, but I would make a side observation that I've found has real-life application. If a home builder of some skill (say a professional welder working from a Bruce Roberts kit) gets to the 90% complete mark in finishing a cruiser (say, temporary "plywood and bench" interior, but with engine, mast(s) and all hull work finished), and then decides to give it up due to a host of reasons (age, illness, loss of interest in cruising offshore), you can purchase the equivalent of a $150,000 vessel for a small percentage, and then have it custom-finished to your specifications. Not so. The "equivalent of a $150,000 vessel" would be one that was fully found and ready to put to sea. What you're getting is a potential vessel, which needs an undetermined amount of future expense & labor. If the potential boat is exactly the design you've always wanted, and the previous builder was a meticulous perfectionist who spared no amount of money on tools & materials and no amount of his own time, and is so sick of the potential boat and/or desperate for cash he'll hand it over for a song (or better yet, pay you to haul it off), then it can be a good deal. I have looked at several such boats, ranging from "hopelessly rusting empty hulls" to "just add teak", and it is very surprising just how finished an unfinished and "hard to sell" boat can be. Not surprising at all, at least not to my cynical eye. They're trying to sell a very personal dream. Only a person who shares the dream will be at all interested, and most won't have much money. Obviously, competant and focussed surveying is essential in such cases IMHO what would be most essential would be a complete and honest estimate of how much $$ & work is required to get the boat sailing. That estimate, doubled, is probably near the lower threshold of what it'll *really* take. There are a lot of "stillborn" boats out there, but some can be successfully revived. This has to be offset by the availability of decent used boats in your area, price point, etc., but I've seen some half-finished interiors that have allowed me to peer at absolutely top-notch gear and systems that will never see the ocean when a capable home builder falls ill, gives up or dies. A tad ghoulish, but there it is. Better the boat gets used than not. True. Actually, home builders may find your attitude ghoulish but IMHO you're a starry-eyed optimist. Consider another part of the same equation: the number of perfectly good (or at least, completed) boats that sit unsailed in marinas everywhere. Fresh Breezes- Doug King |
On Tue, 16 Aug 2005 07:52:43 -0400, DSK wrote:
Not so. The "equivalent of a $150,000 vessel" would be one that was fully found and ready to put to sea. What you're getting is a potential vessel, which needs an undetermined amount of future expense & labor. OK, fair enough. Let's say "equivalent of a $150,000 vessel should I finish it in the same manner it was started by paying pros $50,000 and having bought it for $30,000, thus saving $70,000 on a like-new boat". If the potential boat is exactly the design you've always wanted, and the previous builder was a meticulous perfectionist who spared no amount of money on tools & materials and no amount of his own time, and is so sick of the potential boat and/or desperate for cash he'll hand it over for a song (or better yet, pay you to haul it off), then it can be a good deal. Exactly. I have looked at several such boats, ranging from "hopelessly rusting empty hulls" to "just add teak", and it is very surprising just how finished an unfinished and "hard to sell" boat can be. Not surprising at all, at least not to my cynical eye. They're trying to sell a very personal dream. Only a person who shares the dream will be at all interested, and most won't have much money. The idea is that I have the money to buy a new production boat, but I find in many cases the ideas of somewhat conservative perfectionist obsessives suit me better. Ask a Beneteau sales dude "but where do I put the tap set and the bench vise?" and you'll see why I don't like a lot of today's boats for offshore work. There ARE decent, functional, non-dock-jewellery-oriented production cruisers out there, but they tend to be European and frighteningly expensive. If I do buy used, instead of 90% finished, it's likely to be in Europe or South Africa due to the seamanlike mentality. Obviously, competant and focussed surveying is essential in such cases IMHO what would be most essential would be a complete and honest estimate of how much $$ & work is required to get the boat sailing. That estimate, doubled, is probably near the lower threshold of what it'll *really* take. I do understand this. Let me say that I've seen boats completed to full sailing spec, except for interiors, which were plywood seats and soles covered in indoor-outdoor carpeting. Everything else was mint and very, very well put together. Had the boat been six feet longer, I would have bought it on the spot, as a weekend with a Sawzall would have cleared the way for a carpenter and cabinet maker to do a custom interior to my specs, which would be oriented to workspace, seaberths and stowage and less to big cushy chairs in the middle of the saloon G. But you are correct about boat dollars: multiply by two and banish shock and horror. True. Actually, home builders may find your attitude ghoulish but IMHO you're a starry-eyed optimist. Consider another part of the same equation: the number of perfectly good (or at least, completed) boats that sit unsailed in marinas everywhere. Well, I haven't been dubbed optimistic in some time, but as I did just purchase a new sextant, I'll take it under advisement. And yes, the other half of the equation is completed, decent, barely sailed boats that are pre-rotted but priced to move all over the place. The problem there, of course, is travelling to see what might be a dud (expensive unless you've lined up 20 boats in Florida, say, and devote a week to poking around). The other hazard is trying to divine the type of owner: some guys IMPROVE the boat by judicious retrofitting; others are ignorant slobs. I would prefer to solve problems of my own making than paying big bucks for the opportunity to remedy the negligence of others. Thanks for your thoughts, R. |
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