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Old 08-08-2013, 06:20 PM   #21
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Yeah, I can move with all the ammunition you guys have provided me with. This is the first I have looked at only because it was at a familiar Marina, and I had met the guy before. I want a boat that is useable in every manner. From a liveaboard to something that is more capable of a long cruise is what I am ultimately seeking. I will get in contact with the owner and see what his thoughts are, I highly doubt he will want to sell it for less than what he owes. A payment on nothing would certainly suck.
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Old 08-08-2013, 06:50 PM   #22
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I highly doubt he will want to sell it for less than what he owes.
The difference between what he owes and what it's worth is a problem shared by he and his lender. It's not your problem whatsoever.

Go look at $50,000 boats on Yachtworld and see how many are advertised with blown engines. Not many is my guess. What's so great about boating is we all get to decide how to spend our money.
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Old 08-08-2013, 07:24 PM   #23
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The difference between what he owes and what it's worth is a problem shared by he and his lender. It's not your problem whatsoever.

Go look at $50,000 boats on Yachtworld and see how many are advertised with blown engines. Not many is my guess. What's so great about boating is we all get to decide how to spend our money.
This Is true and the value of this boat is only dropping. Its unfortunate that the shape of it is moving in the same direction as the value.
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Old 08-08-2013, 09:00 PM   #24
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Having seen a usable but imperfect one asking 64K online, add up the deck, rot, paint,timber,engine repair, etc etc cost, deduct that, you might get a figure. That`s a valid way to get a price, as opposed to what it owes the Bank.
RTF`s 10K has a ring to it.
Depends what you want to pay to get that slip (and how secure that is), and how you value dealing with someone you think is a nice guy, who is really just a boat seller who did not think the boat was worth maintaining.
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Old 08-09-2013, 01:38 AM   #25
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Can of lighter fluid needed! Zippo's are still good for something...

Fire - Fire - FIRE!!! Run away from that boat.

Let it get burned - NOT YOU!

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Old 08-09-2013, 05:50 AM   #26
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Cseitz91, Well Gilligan, which post answers your question best, to recap lets see what they thought:


psneeld;The Old Testament warning , a real time horror storey, from the 'we need a bigger boat' school of antidotes

Barco Sin Vela The I'm with him approach, coupled with AND what else! approach

CPseudonym;The Spencer Tracey 'Old Man of the Sea truism',ignore at your peril son

Adelaide; the Clint Eastwood cut to the chase, 'screw the owner, how much?'


RT Firefly;The immortal Groucho take on things, (these are always highly anticipated, and this doesn't disappoint),'He wants YOU to pay for the boat?'

beachbum29; the glimmer of hope message, 'despite the odds I survived'

SeaHorse II;The John Wayne, 'listen to me pilgrim, and listen carefully'approach updated to the 21@ with smilies

BruceK; The Atticus Finch take, 'lets way up the options and not be hasty approach favoured by University& legal types the world over

Art; the 'Lot's Wife' approach, 'walk away and DON'T look back.'(remember what happened to her)FWIW I think Art invented Smilies

AND me? As the old movie line goes,"I'm with him"

PS I hope I didn't leave anyone out.
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Old 08-09-2013, 07:18 AM   #27
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The problems that you have listed with this boat are only the obvious ones. This is not a 'needs TLC' boat. This is a major, major project boat.

I say go ahead and buy the boat. You will have gotten into the great hobby of boat repair with many years of experience to be gained by it all. The forum members here will be busy and happy to help you along the way. You never know what the future brings and so maybe you can get into the hobby of boating some day.
Best of luck in whatever you decide.
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Old 08-09-2013, 09:20 AM   #28
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The problems that you have listed with this boat are only the obvious ones. This is not a 'needs TLC' boat. This is a major, major project boat.

I say go ahead and buy the boat. You will have gotten into the great hobby of boat repair with many years of experience to be gained by it all. The forum members here will be busy and happy to help you along the way. You never know what the future brings and so maybe you can get into the hobby of boating some day.
Best of luck in whatever you decide.
I agree with you all on this one. The boat layout was great no doubt, but everything else was less than par. I was a little blown away when he told me what he wanted/owed on the boat, it was one of those " sucks for you" moments. I am going to keep on looking, and I don't thing that the boat is going anywhere soon, so if I decide to make him a realistic offer on his floating headache then I just might, but until then I'm keeping my options open
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Old 08-09-2013, 09:35 AM   #29
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Greetings,
Mr. 91. Wise choice...enjoy.
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Old 08-09-2013, 09:46 AM   #30
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WHEW! Another boat buyer saved from da fire of worthless used boats!! TF Rocks!!!

Keep looken!! You'll find a goody. Winter is usually best time to cut a deal and in winter many boat owners become "really-ready" to sell...

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Old 08-09-2013, 10:27 AM   #31
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Cseitz91, Well Gilligan, which post answers your question best, to recap lets see what they thought:


psneeld;The Old Testament warning , a real time horror storey, from the 'we need a bigger boat' school of antidotes

Barco Sin Vela The I'm with him approach, coupled with AND what else! approach

CPseudonym;The Spencer Tracey 'Old Man of the Sea truism',ignore at your peril son

Adelaide; the Clint Eastwood cut to the chase, 'screw the owner, how much?'


RT Firefly;The immortal Groucho take on things, (these are always highly anticipated, and this doesn't disappoint),'He wants YOU to pay for the boat?'

beachbum29; the glimmer of hope message, 'despite the odds I survived'

SeaHorse II;The John Wayne, 'listen to me pilgrim, and listen carefully'approach updated to the 21@ with smilies

BruceK; The Atticus Finch take, 'lets way up the options and not be hasty approach favoured by University& legal types the world over

Art; the 'Lot's Wife' approach, 'walk away and DON'T look back.'(remember what happened to her)FWIW I think Art invented Smilies

AND me? As the old movie line goes,"I'm with him"

PS I hope I didn't leave anyone out.
ha ha. I needed that laugh this morning. thanks
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Old 08-09-2013, 11:18 AM   #32
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ha ha. I needed that laugh this morning. thanks
That is a great post!
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Old 08-09-2013, 11:49 AM   #33
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Beware of old Volvo engines...run from them as you would the plague. Volvo does not support legacy engines with replacement parts. If you need a component you are SOL.
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Old 08-09-2013, 12:06 PM   #34
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Beware of old Volvo engines...run from them as you would the plague. Volvo does not support legacy engines with replacement parts. If you need a component you are SOL.
That is what I have been hearing. So the best option for that is pull them both and... Put Lehman? Or...
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Old 08-09-2013, 01:18 PM   #35
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That is what I have been hearing. So the best option for that is pull them both and... Put Lehman? Or...
Or...... Do what the owner is doing, and try to find an inexperienced person with rose tinted glasses that is looking a bargain!
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Old 08-09-2013, 01:32 PM   #36
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Or...... Do what the owner is doing, and try to find an inexperienced person with rose tinted glasses that is looking a bargain!
Ha ha its not going to be me
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Old 08-09-2013, 05:21 PM   #37
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Ha ha its not going to be me
Congrats on dodging a major bullet!! Keep looking and reading the forum & archives for great information. While you're at it, sit down with yourself and have a serious look at your wants and needs in a boat. This might be the hardest thing to do in buying a boat. "I'd sure like to have......" will fall to economic realities. I continue to pass on the wonderful advice I was given when looking for a boat "Don't buy the biggest boat you can afford, buy the smallest you can live on." We did that, and don't regret it for a moment.
Good Luck in the search.
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Old 08-09-2013, 05:24 PM   #38
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91, I am looking in teh same area as you are. There are tons of other boats out there if you havent started looking yet. Just browsing through yachtworld for the last month, I already have a pretty long list of boats to go through as I'm sure you will too if you still decide you are in the market.
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Old 08-09-2013, 05:28 PM   #39
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That is what I have been hearing. So the best option for that is pull them both and... Put Lehman? Or...

or.... Run!!!!
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Old 08-09-2013, 07:16 PM   #40
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I bought a POS because of the floor plan...knew what I wanted, could afford and was willing to do with what I wanted without a major cabin redo/retrofit.

So....ya gotta do what ya gotta do sometimes to win in the long run...but if you don't HAVE to have a certain model or layout within a certain (read low) price range...then yes...be more selective.
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