stanfromhell
Senior Member
I am considering purchasing a 30 year old 40' wooden Trawler which appears to be in quite good condition and has been well maintained by the owner. It is not a convertyed fish boat. Like all wood boats it needs a bit of attention but only in small areas of the deck and stern. I don't have a huge budget but want a boat that my wife and I can be comfortable on for weeks at a time cruising in the Gulf and San Juan islands, hence my decision to look at good wood boats in addition to fiberglass trawlers that may need decks, tanks etc etc.
I am not afraid of doing nearly all the repairs and maintenance needed thru the 4 or five years I plan to own a trawler.
I have a few questions which I hope some of you can answer from experience
1- On the average, what percentage of the asking price would a good wooden boat sell for? I know that is a loaded question but lets assume everything regarding the boat is middle of the road including the asking price.
2- If comparing a good wooden boat to a similarly sized and equipped Taiwan trawler that needs repairs to the deck teak etc, what percentage cheaper would the woody be
3- When it comes time to sell, if I keep the boat in above average condition and don't ask a ridiculous price for it. Will it sell within six months, a year or will there be no market for them five years from now.
4-Having owned a wooden boat, would you do it again or would you run the other way as fast as you can.
I am not afraid of doing nearly all the repairs and maintenance needed thru the 4 or five years I plan to own a trawler.
I have a few questions which I hope some of you can answer from experience
1- On the average, what percentage of the asking price would a good wooden boat sell for? I know that is a loaded question but lets assume everything regarding the boat is middle of the road including the asking price.
2- If comparing a good wooden boat to a similarly sized and equipped Taiwan trawler that needs repairs to the deck teak etc, what percentage cheaper would the woody be
3- When it comes time to sell, if I keep the boat in above average condition and don't ask a ridiculous price for it. Will it sell within six months, a year or will there be no market for them five years from now.
4-Having owned a wooden boat, would you do it again or would you run the other way as fast as you can.