We have gone both ways.  I think there is a great deal to be said for getting I
A. Fixer upper for. Your first boat, if the price is right.  Our 35MK 1 Jubilee 
was in neglected shape though the hull, sails and rigging were solid, she was 
filthy.  We picked her up at a Boy Scout auction for $9k.  At the price, we had 
a ways to go until we got totally upside down.  But by the time we sold her 
last year for 2k5 we had accomplished that goal!

The process of turning the boat around and learning the numerous tasks and 
systems was invaluable and made us much better boaters and  sailors.

Alera was the most well kept 37+ I could find anywhere in NorthAmerica. She had 
 a mere 480 hours on the engine and some pretty sweet upgrades as well. Like in 
boom furling, that I love but probably would never have considered installing 
myself.  However, between the transport from NOL to Seattle, refinishing the 
bottom for saltwater, installing a windlass and appropriate anchor and a new 
dodger, we were completely upside down long before she ever hit the water!

The experience with Jubilee was invaluable in talking on all of the new and 
strange systems on the new boat.  

Tom Buscaglia
Alera
C&C 37+/40
Vashon WA

On Jan 20, 2013, at 9:00 AM, cnc-list-requ...@cnc-list.com wrote:

> 
> Message: 5
> Date: Sat, 19 Jan 2013 21:52:03 -0500
> From: Colin Kilgour <charliekilo...@gmail.com>
> To: cnc-list@cnc-list.com
> Subject: Re: Stus-List Cheap fixer upper vs used well kept used boat
> Message-ID:
>    <CAKR-nkk86d=yojkl-2soq+gh9ezpdno7xg0tbref9yw9_ix...@mail.gmail.com>
> Content-Type: text/plain; charset=ISO-8859-1
> 
>> From my experience, I'd say buy the most expensive boat you can
> afford.  You'll get way more value than buying a cheap boat and fixing
> it up.
> 
> I bought Bojangles in 2006 and spent more on her refit than I did on
> the boat.  And yes, I now know every inch of the boat and have
> developed the skills to deal with pretty much any situation.  And
> she's been a fabulous boat for coastal cruising and offshore sailing.
> I also got the pleasure of using and learning about the boat for 3
> years while we did the refit.  So by the time we went offshore for the
> first time with her, I was completely confident.
> 
> That said, I also know folks who bought a boat and then sailed off
> across an ocean days later.  While they no doubt had learning curve
> issues that I avoided  by doing a full refit and learning the ins and
> outs of my boat, they were out at sea with a really nice boat while
> others were stuck on the hard doing projects.
> 
> Also, if you're buying a boat, you can take advantage of all the
> upgrades that a good PO has done and you probably only pay about 15
> cents on the dollar for them (if that).  So the more upgrades that
> have been done before you buy, the better.
> 
> So unless you enjoy wicked discounts at Defender and are super
> efficient at boat work, I expect that you'll be better off buying a
> boat that's ready to go....
> 
> My $0.02
> 
> Cheers
> Colin
> 
> 
> On 1/18/13, Hoyt, Mike <mike.h...@impgroup.com> wrote:
>> +1
>> 
>> 
>> -----Original Message-----
>> From: CnC-List on behalf of Chuck S
>> Sent: Fri 18/01/2013 22:02
>> To: cnc-list@cnc-list.com
>> Subject: Stus-List Cheap fixer upper vs used well kept used boat
>> 
>> 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
>> 
>> ________________________________
>> 
>> 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
>>    ?
>>    ?

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