Maerin
Guru
As a former 43 owner, I can attest to the stability of the Selene line, they are a great cruising platform. If you plan to do the loop, neither of these will not do well on the Trent-Severn. Our 43 was 5 ft draft. When we transited the T-S westbound the water levels were at record high levels, when we did the return route, they had dropped. We bumped the bottom both directions, not consequential, but real disconcerting! The Selene is a great Bahamas boat, you won't have problems there with the 5.5' draft, we cruised with larger Selenes, no issues. Concerns, yes. Issues, no.I am shopping. Decided to pass on an older Fleming 55 that I could afford to buy but maybe I did not want to afford to own. Have two other good candidates I'm looking at.
Have the surveyor pay close attention to the bow pulpit & winch platform. Penetrations in that area are notorious for water ingress. Look for staining/discoloration on the master stateroom fwd bulkhead, telltale sign. I'm in agreement with the other posts re: the Volvo. OTR trucks with Volvos may be dee-lux, but in a cruising boat, they're not.
RE the teak caprails, I found that Awlwood is the ticket for longevity. I was not averse to keeping after mine (and others, as well); they looked great, and added a classiness that set the boat apart from others. Yes you could paint them.
We did not complete the loop. We did the Down East loop, the Triangle Loop, and the T-S plus 7 Bahamas trips mostly Exumas and logged around 48K miles in our 43. Very comfortable, capable, was home for 12 yrs. Selene joinery will be much more refined than that on the AT. Plus the FB deck is a great spot on the 48.