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John Russell
Master Marine Consultant

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USA
3444 Posts

Response Posted - 03/19/2008 :  11:05:16  Show Profile
I think that the $60k is the calculation before the first dollar is spent on labor. How many hundreds (thousands???) of hours would it take to return it to seaworthiness. What's your time worth? Is your hobby boatbuilding or sailing?

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Steve Milby
Past Commodore

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USA
5902 Posts

Response Posted - 03/19/2008 :  12:42:17  Show Profile
The new 50 hp diesel engine alone is worth the purchase price, but, if you don't get the job done, the value of the motor will probably just about cover the cost of demolishing and landfilling the hull. The question is whether you can devote that much time and money to it to get it done before <u>you</u> develop health problems. It takes a rare person, with considerable skill and unusual perseverence, to devote as much time and energy as it takes to complete that much work on a boat that big. I've seen it done, but not everyone can do it. If you're that man, then you'll end up owning a beautiful, virtually new boat for a pittance of what it would cost new. If you aren't, you'll put a lot of effort into it, pay lots of monthly storage fees, invest a lot of money, and never get to see it in the water. The best chance you'd have of getting the job done would be if you can afford to take off an entire summer from work, live aboard the boat in the yard, work on it full-time, every day, all summer, and make an all-out effort to get it rigged and in the water by the end of the summer. It's your decision.

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Dave Bristle
Master Marine Consultant

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Djibouti
10005 Posts

Response Posted - 03/19/2008 :  12:52:01  Show Profile
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica" id="quote">quote:<hr height="1" noshade id="quote">The best chance you'd have of getting the job done would be if you can afford to take off an entire summer from work, live aboard the boat in the yard, work on it full-time, every day, all summer, and make an all-out effort to get it rigged and in the water by the end of the summer.<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">One person, one summer??
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica" id="quote">quote:<hr height="1" noshade id="quote">The guy bought it in 88 and has put thousands of hours into it already. Now he has health problems and just want to get out of it.<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">That 'bout says it all...

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stampeder
Master Marine Consultant

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1608 Posts

Response Posted - 03/19/2008 :  15:25:45  Show Profile
My brother in law used to build boats (Boston Harbour, Puget Sound) when he retired at a fairly young age. He especially liked to build half scale tugboats and take them to boat shows.
One of his misadventures was in buying a 3/4 finished sailboat that was supposed to be a direct knockoff of a famous design. The builder claimed to have worked for the famous builder until his retirement. It was about a 40 footer. He spent a couple months working on things then launched it well before it was finished. The inside was basic, and would have been the last thing he was going to tackle - the thing was, he wanted to race it. So he launched it and sailed it. The only problem was, it canted over to one side by a couple degrees. He screwed around with rigging and a lot of other things and finally came to the conclusion that the hull/fiberglass was thicker on one side than the other. It was a fiberglass over wood construction. Being an honest guy, he sold it full disclosure to someone else for less than half what he paid for it. He threw in the mast and sails and some other stuff. Years later, the new buyer said to my Bro in law, that the hull was just a bad design and a few years on the water proved that it was crappy workmanship too. I was impressed that he could laugh about the boat always wanting to turn left.
If you see a lopsided boat on Puget Sound called 'Symphony C', you may want to get out of the way.

Edited by - stampeder on 03/19/2008 15:27:10
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