I know a guy who was given an ODay 24. He spent 4 years working on it before he splashed. During the time he and his wife worked on his dream, he learned to sand, paint, wax, installed new rigging, and halyards, winches, all new deck fittings, lifelines, new cushions, new sails. He used all two part Interlux paints inside and out. To get him launched, I helped him mount a new Honda 9.9 4 stroke outboard and raise his mast. He launched that boat a much better man than the one who started the project. When he was done he had spent 4 years of yard fees, and constant doubt about whether he should continue, and $10K on a boat he got for free. I don't think he had $10k when he got the boat. Don't think he could sell her for more than $6K, but $3 is more realistic.
Before you buy, you really have to research the value of things; the hull, the sails and the value of your own time. Many boat owners buy too big a boat and hardly use it. Finishing projects on a boat is very rewarding, but not many guys have the time. Pros charge $90 to $100/hr. That was motivation to attempt projects I knew nothing about and buy tools I'd never own otherwise. But I couldn't justify spending more on a boat and found a great deal, but needed some upgrades. The boat really chose me. I'll never regret it. Chuck Resolute 1990 C&C 34R Atlantic City, NJ ----- Original Message ----- From: djhaug...@juno.com To: cnc-list@cnc-list.com Sent: Thursday, January 17, 2013 1:49:03 PM Subject: Re: Stus-List 1979 LF 38 on eBay I paid like 4x what I paid for the boat before I even got to splash!! Danny Lolita 1973 Viking 33 Westport Point, MA ---------- Original Message ---------- From: Joel Aronson <joel.aron...@gmail.com> To: Frank <n...@comcast.net>, "cnc-list@cnc-list.com" <cnc-list@cnc-list.com> Subject: Re: Stus-List 1979 LF 38 on eBay Date: Thu, 17 Jan 2013 13:28:25 -0500 Frank, I spent as much on upgrades as I did on my boat in the first 10 months! �I paid to have some work done that I might have been able to tackle. but it was worth it to have everything done in time for launch. Joel 35/3 Annapolis On Thu, Jan 17, 2013 at 1:22 PM, Frank < n...@comcast.net > wrote: I agree with Joe.� � My 1979 LF38 was headed for the dumpster when I rescued it.� Good price but every system in the boat, and some that weren't, needed repair/fixed/replaced.� Since I am pretty fair with glass� good at diesel engines, and a past electronics technician, I figured I could fix everything on the boat and be ahead in the end.� After spending as much money on stuff to fix the boat as I spent buying the boat to date (10 years) I still have several (expensive) things to do to it.��� In fact, I am finding that I am now refurbishing parts of the boat that I repaired 10 years ago.� I probably have averaged 30 hours a month working on the boat over the past 10 years.� Yes, I am retired.� � I was told that I was making a mistake buying a boat that needed this much work but of course, I knew better than all of them.� � Frank Noragon C&C LF38 S/N: 001 Rose City Yacht Club Portland, OR � � Sent: Thursday, January 17, 2013 6:56 AM To: cnc-list@cnc-list.com Subject: Re: Stus-List 1979 LF 38 on eBay � IMHO a LF38 is the wrong boat for a budget refurb operation. The hull is cored along with the deck, the rigging is rod, and the engine is a V-drive unit. A new engine, rod rigging, and sails are going to be very expensive. If the boat has really been let go, you might have hull issues to deal with too. In today�s market a really nice one would likely be a better deal than a FREE boat that needed sails, rigging, engine, and interior. � The one I looked at last year in Annapolis for $45K had a fuel leak, deck leaks, a moldy cabin, and the cabin windows had leaked to the point water in the core of the cabin side had frozen over the winter and split the fiberglass. This boat was advertised as a �great boat� too! WTF! I figured it was 50-80K away from being a great boat, so free might have been a better price to start off with. Also found the broker had never been on the boat. � Joe Della Barba Coquina. From: CnC-List [mailto: cnc-list-boun...@cnc-list.com ] On Behalf Of jtsails Sent: Thursday, January 17, 2013 7:25 AM To: cnc-list@cnc-list.com Subject: Re: Stus-List 1979 LF 38 on eBay � I had much the same experience and result as Danny when I bought my boat last year. I looked at quite a few LF38's� but don't think this was on of them. Every one of them that I looked at had enough problems that I didn't even consider making any offers. The boat that I did eventually buy was very barebones but in incredibly good shape. I'm slowly adding/replacing gear to get it equipped the way I want it to be. James Delaney 1976 38 mk11 Oriental, NC <blockquote> ----- Original Message ----- From: djhaug...@juno.com To: cnc-list@cnc-list.com Sent: Thursday, January 17, 2013 6:29 AM Subject: Re: Stus-List 1979 LF 38 on eBay � All I know, is that when I was boat shopping.� Everyine said great things about their boats and most of them turned out to be junk.� Especially when trying to buy on a budget.� Stay away if you can't feasably visit the boat.� The only boat I had surveyed, I bought.� ...and it still needed everything, including a new engine.� I got it on the cheap but ended up investing up to, and maybe beyond, market value.� Just now I know how old everything is and it was all new. It took me nearly 2 years to find a boat.� However,� I had a boat so wasn't desperate to find one and was very cautious. Good hunting, Danny T-Mobile. America�s First Nationwide 4G Network ----- Reply message ----- From: "Neil Ramsey" < ndram...@gmail.com > To: < cnc-list@cnc-list.com > Subject: Stus-List 1979 LF 38 on eBay Date: Thu, Jan 17, 2013 2:03 am I'm trying to buy a LF38 at a budget price.� This ad makes lots of claims but no real photos and no contact info. Makes it hard when your on the left coast. � Neil Ramsey LF38 wannabe On Wed, Jan 16, 2013 at 8:54 PM, Rich Knowles < r...@sailpower.ca > wrote: The arse is out of her! Kinda devalues the entire breed. Rich Knowles Indigo. LF38 Halifax On 2013-01-17, at 0:42, "Dennis C." < capt...@yahoo.com > wrote: eBay item 251215004259� start bid $18,500 with a reserve. � < http://cgi..ebay.com/ebaymotors/1979-C-C-Landfall38-/251215004259?pt=Sailboats&hash=item3a7d94c263#ht_500wt_975 > � There's a 29 and a 33 out there also. � Dennis C. Touche' 35-1 #83 Mandeville. LA _______________________________________________ This List is provided by the C&C Photo Album http://www..cncphotoalbum.com CnC-List@cnc-list.com _______________________________________________ This List is provided by the C&C Photo Album http://www.cncphotoalbum.com CnC-List@cnc-list.com � _______________________________________________ This List is provided by the C&C Photo Album http://www.cncphotoalbum.com CnC-List@cnc-list.com _______________________________________________ This List is provided by the C&C Photo Album http://www.cncphotoalbum.com CnC-List@cnc-list.com _______________________________________________ This List is provided by the C&C Photo Album http://www.cncphotoalbum.com CnC-List@cnc-list.com </blockquote> -- Joel 301 541 8551 _______________________________________________ This List is provided by the C&C Photo Album http://www.cncphotoalbum.com CnC-List@cnc-list.com
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