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Catalina/Capri 25/250 Sailor's Forums

Catalina 25 Specific Forum

Too good to pass up?

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dflynnatc
1st Mate

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USA
65 Posts

Initially Posted - 06/02/2011 : 04:09:00

Saw this ad recently... thought you all may enjoy.

http://philadelphia.craigslist.org/boa/2405729258.html

This boat needs some work. The rudder is at the bottom of egg harbor inlet, so it is not included, but you are welcome to go retrieve it.

It is a retractable keel model, the keel is at Graef's boat yard in Somers Point, NJ. The boat is on a trailer, but the trailer is not included, delivery to a travel lift, or yard is available, and reasonable. There is a 15 HP Honda 4 stroke available, but not included.

The boat needs to be cleaned and waxed in and out, the rigging is there, no mainsail, jib is included.

Dennis Flynn
1979 C-25 SR/SK
Hull 1042
Rock Hall,MD
Via
Skippack, PA

Edited by - on

Davy J
Master Marine Consultant

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USA
1511 Posts

Response Posted - 06/02/2011 : 05:46:34

Makes one wonder... was the keel removed on purpose

...or by accident

Edited by - on

ckroll
1st Mate

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50 Posts

Response Posted - 06/02/2011 : 05:51:55

Well, me and a friend just went through a "restore" on an 81' FK that we picked up for a "song and a dance". Looked to have good bones. And while I learned a whole lot about this boat during the process, I would never do that again..at least not on that scale. A good cleaning and scrubbing is one thing. Putting in a new cockpit floor, bulkhead, refinishing the wood, repairing cushions, procuring a working engine, etc etc will sap away any savings that you thought you had prior to the purchase. But, with that being said, if I did not have kids and a full time job, and no concern for a return on investment, a restore might be fun. :-)

Sorry about being all Debbie Downer..still very fresh in my memory

Edited by - on

kentwm
Navigator

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101 Posts

Response Posted - 06/02/2011 : 06:30:54

They way I look at these things is that your going to spend $10-$12K on an older Cat25 wether you buy it in excellent condition or buy it cheap and spend a lot of time and money fixing it up.

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John Russell
Master Marine Consultant

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USA
3444 Posts

Response Posted - 06/02/2011 : 07:03:55

A $10,000 boat will cost $10,000 no matter how much you pay for it up front.

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ckroll
1st Mate

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50 Posts

Response Posted - 06/02/2011 : 07:46:10

No doubt. We've got about $4k in money alone in ours and it's probably worth about that much. Hind sight 20/20 I would have just paid the money for a complete, turn key boat. And FWIW, ours is definitely NOT a "well equipped" boat.

Edited by - ckroll on 06/02/2011 07:46:46

dlucier
Master Marine Consultant

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Virgin Islands (United Kingdom)
7583 Posts

Response Posted - 06/02/2011 : 09:03:58

<blockquote id="quote">quote:<hr height="1" noshade id="quote">Originally posted by John Russell
 A $10,000 boat will cost $10,000 no matter how much you pay for it up front.
<hr height="1" noshade id="quote"></blockquote id="quote">

I disagree.

I bought my boat ten years ago and it was fully loaded (Harken furling, upgraded spreader brackets, stem fitting, split backstay, replacement balanced rudder, you name it). It also came with surprisingly decent sails, and to top it off, a new outboard that looked like is just came out of the crate. The topsides and deck were in fantastic shape which to this day people can't believe the boat is over thirty years old. It did require a bottom job that I did myself, but even new boats needs that. In the ensuing years, I did eventually replace/upgrade all of the running rigging, but again, that is normal maintenance even with a new boat.

I paid $2,650.00 for my boat then a few boat units for the initial bottom job, and it was ready to sail.

Edited by - on

Davy J
Master Marine Consultant

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USA
1511 Posts

Response Posted - 06/02/2011 : 09:10:48

<blockquote id="quote">quote:<hr height="1" noshade id="quote">I paid $2,650.00 for my boat then a few boat units for the initial bottom job, and it was ready to sail.<hr height="1" noshade id="quote"></blockquote id="quote">
This is more of the exception than the rule. You got more than an extremely good deal. It depends on the model year, but it seems that the more under the $6000.00 mark the more deferred maintenance there is.

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Davy J
Master Marine Consultant

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USA
1511 Posts

Response Posted - 06/02/2011 : 09:20:30

<blockquote id="quote">quote:<hr height="1" noshade id="quote">A $10,000 boat will cost $10,000 no matter how much you pay for it up front.<hr height="1" noshade id="quote"></blockquote id="quote">
I think this could be said another way. A pristine C25 is worth $10,000.00. A pristine boat would have newer sails, newer outboard, no deferred maintenance, autopilot, spinnaker, roller furling, GPS, VHF, no leaks, trailer, bimini, whisker pole. You might find a boat that has these things for less, but not by alot.

Edited by - on

bigelowp
Master Marine Consultant

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USA
1776 Posts

Response Posted - 06/02/2011 : 10:25:47

I echo the thoughts of "ckroll" Was virtually given my 80/fk/tr and thought "fixing her up" would be a good project to do with my early teens son. When all the dust settled I have a nice boat -- that cost way too much and still needs more (don't all boats). If you like working on boats, then the Catalina family is a great one for support and the boats have good bones. If you want to sail, buy a turnkey -- it will cost more up front but will be good to go and in the long run, cost no more. If you are looking for a bargain, do your homework (read, look at lots of good and bad condition boats) so you know what you can handle and if you have value or a major project.

It's all about having fun, not becoming a very poor slave!

Edited by - on

kentwm
Navigator

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101 Posts

Response Posted - 06/02/2011 : 10:59:24

My boat cost $5K to buy and I have a $5-$6K budget to fix it up with. Before I committed to buying my boat I was offered a FREE Pearson 26 and a Pearson 25, I declined both. While both were in the water and currently being sailed, I figured it would take more than $5K to get ether boat in as good a condition as the Catlaina 25 I was looking at, so I opeted for the Catalina 25.

Edited by - on

dlucier
Master Marine Consultant

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Virgin Islands (United Kingdom)
7583 Posts

Response Posted - 06/02/2011 : 11:04:25

<blockquote id="quote">quote:<hr height="1" noshade id="quote">Originally posted by Davy J
 <blockquote id="quote">quote:<hr height="1" noshade id="quote">A $10,000 boat will cost $10,000 no matter how much you pay for it up front.<hr height="1" noshade id="quote"></blockquote id="quote">
I think this could be said another way. A pristine C25 is worth $10,000.00.<hr height="1" noshade id="quote"></blockquote id="quote">

I'll agree I got a smoking deal, but a boat is only worth what the local market will bear. Around here, boats can be had for a song which drags down the value of the more pristine boats. When I sold my first 25' sailboat, I priced it for the local market, and it sold fairly quickly, but I was surprised by how many inquiries I received from outside the state (Michigan), as far away as Wisconsin, Illinois, and even Arkansas. To give you an idea, at one time there were five C25's in the marina. All were purchased at or below $3,000.00. One sailor who bought his boat around the same time as me, and still has it, paid $1,500.00 which included a trailer. Granted most of these boats required some work, but nothing major.

Another thing is timing. When I purchased my C25, the economy was in the tank (like it is now) and it was at the end of the season when it gets a lot tougher to sell a boat. When I quizzically asked the seller of my boat why so cheap, the seller said he needed quick cash for private school tuition for his kids. I bought my first boat from someone who, due to an impromptu job relocation, had two weeks to sell his boat, in January! I had to use a pick axe to free the trailer tires that had sunk into his frozen, snow covered backyard. Anyway, their loss, my gain.

Also, you don't need to spend thousands properly outfitting a boat. I purchased a lot of stuff off eBay, the internet, and clearance sales for a fraction of retail prices. I also happened upon someone who lost his C25 in a boatyard fire and for $500.00, I purchased everything he had stored at home, which included an almost new UK mainsail, a new cruising spinnaker with ATN chutescoop, two more sails, a like new canvas pop top tent, cockpit cushions, stove, and other bits and pieces for $500.00. After selling off everything except the main sail and cruising spinnaker, I was out $50.00. My bimini, $139.00 off the shelf clearance from West Marine cut down to fit my boat.

Even though my boat has all the bells and whistles (except for the original plaid cushions

), I don't think it would fetch anything close to $10,000.00.

Edited by - dlucier on 06/02/2011 11:08:41

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