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Old 08-19-2015, 10:38 AM   #1
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Very good buy - lots of work to do.

This is very good boat at a fantastic price. I have seen this on C.L. for years at $160K. I am sure someone on here might be interested. No engine make give but they look large.

http://slo.craigslist.org/boa/5171238748.html
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Old 08-19-2015, 05:50 PM   #2
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Gray Marine engines-size???
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Old 08-19-2015, 06:53 PM   #3
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I fail to see the value at current price. It was beyond a joke at 160k.
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Old 08-19-2015, 08:22 PM   #4
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I fail to see the value at current price. It was beyond a joke at 160k.
Thats what I was thinking as well.

People have no real clue the n umber of labor hours it takes to do a major refit on a boat.

The only thing (as a guy that has been through a major refit) that makes financial sense about a project boat is if you are trading your labor hours for boat equity.

There are other reasons for a major refit, or taking on a project but they are not financial in nature.
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Old 08-19-2015, 11:21 PM   #5
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It will sell for 2/3 or less than the current asking price I predict.
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Old 08-19-2015, 11:48 PM   #6
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I wouldn't buy this boat with someone else's checkbook.
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Old 08-20-2015, 04:58 AM   #7
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I wouldn't buy this boat with someone else's checkbook.
Please elaborate. Not poking argument but I happen to like it. The obvious financial obligations to finish would take this into a hefty package. But that aside. Why do you personally present such distain for it?
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Old 08-20-2015, 07:16 AM   #8
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I am assuming a wood hull...


Get more money to part it out.
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Old 08-20-2015, 08:33 AM   #9
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There are some project boats that have beautiful lines and I dream of bringing them back to the condition they once were, even though it does not make financial sense.

This one is butt ugly. Finishing it off would not change that.
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Old 08-20-2015, 08:55 AM   #10
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Please elaborate. Not poking argument but I happen to like it. The obvious financial obligations to finish would take this into a hefty package. But that aside. Why do you personally present such distain for it?

No argument here. If it's your thing and it makes your heart race call the guy up and put your money down. Someone has obviously spent a butt load of Benjamin's polishing the exterior and it may be as sound as the day it was built but I'll never know because I'll never pursue something that large that needs an entire interior.

In order to do a boat that big any justice whatsoever you'll spend north of $150k finishing it. And even then you'll still have a boat worth $70k on a good day. Boats are NOT investments however some boats are bigger money pits than others. I'll never call another man's boat ugly but I could easily walk away from this boat, get in the car and drive off without ever looking back.

Pictures typically only show the part of the boat that's worth a crap, in this case they tossed in a picture of the engine too. Most likely because it's the only thing inside the damn boat.
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Old 08-20-2015, 08:56 AM   #11
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I am assuming a wood hull...


Get more money to part it out.

You assume correctly
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Old 08-22-2015, 12:31 PM   #12
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I particularly like the list of "EXCLUDED" materials. Here, come buy the boat, look at all this great stuff you CAN'T have. --I wonder what they're planning on doing with the "excluded" stuff that doesn't sell with the boat? ...I'm assuming they want to present receipts and "sell" it to the new owner.
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Old 08-22-2015, 12:40 PM   #13
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There has been a crew of 3-5 experienced professional craftsmen working full time on this boat over the last few years getting it ready for you

That's a lot of work! or not.
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Old 08-22-2015, 02:33 PM   #14
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I am assuming a wood hull...
New fiberglass over wood.
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Old 08-22-2015, 03:05 PM   #15
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It's boats like this that makes me glad I bought the one I did.
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Old 11-19-2015, 05:29 PM   #16
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New fiberglass over wood.
Oh no......
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Old 11-19-2015, 05:36 PM   #17
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Oh no......
The listing is dead. It would be nice to follow some of the boats that we have discussed here on the forum to see how well some of our expertise has worked out in real life.
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Old 11-19-2015, 06:17 PM   #18
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The listing is dead. It would be nice to follow some of the boats that we have discussed here on the forum to see how well some of our expertise has worked out in real life.
Yeah, I agree completely. Seems like it would make a really good reality TV show. Begin with guy and wife (and children, and dog) looking at posting, show them adding up their finances, then looking at the boat and getting all excited about doing the loop and the Eastern Caribbean and who knows what all, and then the guy working on it, and his wife working on it, and the dog (smart dog) leaving . . .
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Old 11-19-2015, 06:27 PM   #19
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And the ones that guess the most incorrectly about the eventual outcome get voted off the island?
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