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Old 05-07-2020, 05:20 PM   #8781
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I might consider offering to take both the boat plus $50,000 in cash, subject to surveys and having a good yard go through it. Probably still too pricey.
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Old 05-07-2020, 06:03 PM   #8782
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If I were interested (I'm not), I'd probably get 2 surveys from a couple of surveyors who specialize in steel hulls (probably from out of the area). American Custom Yachts (just outside of stuart) should be able to haul it. If the hull is in good shape, probably rebuild or replace the engine, transmission, shaft bearings and steering. Then figure out where South of the USA I'm going to take it and refit it. Doubt the costs in the USA make it economically justifiable.

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Old 05-07-2020, 06:13 PM   #8783
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If I were interested (I'm not), I'd probably get 2 surveys from a [B]couple of surveyors who specialize in steel hulls [/B.

Ted
Might be worth reading the ad before getting to carried away

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The hull was built from a commercial shrimp boat mold (Astorboaden of Tampa). Solid heavy built hand laid fiberglass hull with 8 layers of 1 oz. mat, and 24 oz. roving. Decks are sandwich fiberglass over marine ply (2 inch thick) and appear very solid. House is a heavy built fiberglass over marine ply and appears solid as well. Stringers are wood encapsulated with 8 layers of fiberglass.
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If the hull is in good shape, probably rebuild or replace the engine, transmission, shaft bearings and steering.
Or get them checked out.
Could well be perfectly OK.

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Then figure out where South of the USA I'm going to take it and refit it. Doubt the costs in the USA make it economically justifiable
Yep.
Bringing ours back to her former glory had us going to Thailand this year.
$25/ day for skilled labour vs $400/ day in 0z
Can't see us getting up there this year, hopefully next.
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Old 05-07-2020, 09:10 PM   #8784
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And IMO $450k is a drop in the bucket when all is said and done unless you are extraordinarily handy and have 10 years to spare, then maybe it could cover most of it. Having a decent yard do it all is going to be in the 7 figure range without blinking an eye.

It’s easy enough to pick up that boat for next to nothing. The key is not treating it like a yacht, because it isn’t one. It’s a commercial boat repurposed as a recreational cruiser. It would be idiotic to dump a half million or more into it. If you can get away with a total investment of say $200k then it might be a worthwhile investment.

Are there any good shipyards on the east coast of Mexico?
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Old 05-08-2020, 07:29 AM   #8785
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It’s easy enough to pick up that boat for next to nothing. The key is not treating it like a yacht, because it isn’t one. It’s a commercial boat repurposed as a recreational cruiser. It would be idiotic to dump a half million or more into it. If you can get away with a total investment of say $200k then it might be a worthwhile investment.
Exactly.
If you can get your head around that there are some great boats to be had.
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Old 05-08-2020, 07:42 AM   #8786
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It’s easy enough to pick up that boat for next to nothing. The key is not treating it like a yacht, because it isn’t one. It’s a commercial boat repurposed as a recreational cruiser. It would be idiotic to dump a half million or more into it. If you can get away with a total investment of say $200k then it might be a worthwhile investment.

Are there any good shipyards on the east coast of Mexico?
Might be in Veracruz. I would take it to one of the yards/builders in Mississippi or Louisiana that specialize in metal work boats. Again, when someone like United publishes verbiage like that in a listing, you take notice.
If you restore it to minimal, seaworthy and liveable work boat condition, you have a boat with extremely limited after market demand, and therefor value. And from the description and the pictures, I don't see 200k getting you even that far. It might cover refurbishing the exterior hull and housing and the attendant paint job.
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Old 05-08-2020, 08:10 AM   #8787
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Yeah you’re right about resale. If you can get away with making it safe and functional for, say $250k, then you can explore the seven seas wonderfully. Use it for a solid ten years and perhaps it’s worth every penny, because on resale that 50 year old monster will be worth much less than 100k.

Here’s the thing I can’t wrap my head around: owner had the financial wherewithal’s to build it, own it for 30+ years, fuel it for 12 transAtlantics, but then it is totally neglected and decays in the last 5 years?
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Old 05-08-2020, 08:29 AM   #8788
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The American Tugs are made from fishing boat hull molds. Does that make it a bad boat? I dont think so. It is called, 'using a proven hull design' to be the foundation to proved the recreational boats.
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Old 05-08-2020, 10:55 AM   #8789
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Its all about how much of a "yacht" someone wants, look at commercial boats and the level of finish on boats people make money with is way less. It doesn't have to be perfect, it has to work.. that's it. I looked at the pics a few times and the boat is rough.. that's for sure. But, it has the makings to be a solid passagemaker.. that's already been proven. Deep clean the thing, work on the mechanical s and do minimal esthetic upgrades and it could be a big, low buck cruiser.

Has anybody seen the film on Amazon "Sea Gypsies: The Far Side of the World" ? Look at what they do with a boat that is in worse shape and god forbid.. ferro cement!.

Look at what all is in the boat, the PO obviously built a capable well equipped ( for the time) boat that has a proven record (if it did in fact do 12 crossings).
I have a old ford dump truck that most here probably wouldn't want to own. Its rusty, leaks oil, has a rotted out exhaust, rattles, heater barely works, seat has a spring that pokes you if you dont sit right.. I could go on and on. But it does the job and has made me more money that it's bigger new fancy diesel International sibling in our fleet.

Will the boat in question take a fair sum of money to bring back to usable.. you bet, they ALL do. That boat you would paint the exterior with a roller and a brush.. and no LP for paint!

The point is to accept a level of quality commensurate to the investment.
She is no Nordhavn 62, but she can probably go wherever the Nordhavn can.



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Old 05-08-2020, 11:29 AM   #8790
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This boat is very impressive. If I was 20 years (make that 40 years) younger I would be on it. First point it is FIBERGLASS. Why has owner neglected it? He died! My kind of boat.
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Old 05-08-2020, 11:32 AM   #8791
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Originally Posted by makobuilders View Post
Yeah you’re right about resale. If you can get away with making it safe and functional for, say $250k, then you can explore the seven seas wonderfully. Use it for a solid ten years and perhaps it’s worth every penny, because on resale that 50 year old monster will be worth much less than 100k.

Here’s the thing I can’t wrap my head around: owner had the financial wherewithal’s to build it, own it for 30+ years, fuel it for 12 transAtlantics, but then it is totally neglected and decays in the last 5 years?
I believe the add said he was dead. Perhaps he fell ill and was unwilling to worry about a boat while he was declining. Dementia is also a possibility......
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Old 05-08-2020, 11:57 AM   #8792
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I spoke to the current owner. There are 5 diesel motors on that boat and not a single one works! The main engine stopped working and he had to get towed in. The "wing" engine which drives all the hydraulics does not work. The two generators leak and do not work. And even the little Lister engine which drives the emergency bilge pump. Oh, the marine gear has problems. And the hydraulic system, which is extensive and runs all the systems, does not operate. Cannot anchor, but that's not really a problem, since the main engine does not run. Apparently he towed it to Hinkley's yard down there and the mechanic still to this day cannot figure out why the engine won't run. What the F???
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Old 05-08-2020, 12:10 PM   #8793
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5 engines onboard and NONE work. Maybe time to change mechanics? Thank him for the visit, walk away until you are out fo site then run like hell.
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Old 05-08-2020, 02:11 PM   #8794
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I was sorta hoping my next boat would have one main engine and a bunch of solar panels.
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Old 05-08-2020, 04:46 PM   #8795
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I spoke to the current owner. There are 5 diesel motors on that boat and not a single one works! The main engine stopped working and he had to get towed in. The "wing" engine which drives all the hydraulics does not work. The two generators leak and do not work. And even the little Lister engine which drives the emergency bilge pump. Oh, the marine gear has problems. And the hydraulic system, which is extensive and runs all the systems, does not operate. Cannot anchor, but that's not really a problem, since the main engine does not run.
All 5 not working as in actually dead sounds very unlikely.

I would have thought an old lister could have been persuaded to work with harsh words and threatening it with a stick.

I would not be surprised if something as simple as a fuel issue has stopped all 5 from working.

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Apparently he towed it to Hinkley's yard down there and the mechanic still to this day cannot figure out why the engine won't run. What the F???
Doesn't sound like much of a mechanic.
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Old 05-08-2020, 05:45 PM   #8796
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Murphy's Law - What could possibly go wrong? Right?
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Old 05-08-2020, 07:11 PM   #8797
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Is it bad luck to name a boat named “Murphy’s Law”??
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Old 05-08-2020, 07:16 PM   #8798
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Is it bad luck to name a boat named “Murphy’s Law”??
Why? Most of the things that happen on a boat are the result of Murphy's Law". Might as well call it what it is.
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Old 05-08-2020, 08:39 PM   #8799
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Okay that makes sense. But what about if you want to re-name it? Then bad luck will happen
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Old 05-08-2020, 09:08 PM   #8800
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https://www.yachtworld.com/boats/199...awler-3640169/

Overpriced but nice.
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