$28,000 its a steal at this price; spent 62,000 on it
Refering to a 35 year old Hunter 37 for sale.
The thing is, I see people pouring copious amounts of money into boats in ways that don't make any kind of sense at all. Why on earth would you spend $62K on a boat that, at best, is only worth between $15-$20K?
Which, sorta/kinda, brings up the Endeavour project...
You could easily pour $60K into the boat... A new rig and sails could easily cost a third of that, so would a new engine by the time the dust settled and, as long as we're throwing money around like the proverbial drunken sailor, I'm sure someone will point out that an AwlGrip job would not go amiss...
What little that remains from the $60K might be enough to buy your nextgen anchor of choice but maybe not.
The thing is you'd still have a boat worth maybe $25K at most...
Do the math.
So, why rehab a semi-derlict boneyard Endeavour 32 anyway?
Well, on one hand it's to prove it can be done on a sane budget. On the other, it does happen to be a great teaching aid in the How-To of it, and lastly, I simply like working on boats so I find the process enjoyable.
That said, I'm still not sure it is a doable project and I'm still doing the math...
hee hee..
ReplyDelete1) junk rig on un-stayed mast or at least a mast built yourself via lamination (see Buehler's Backyard Boatbuilding) 2) junk the motor, slap an outboard on the back and make the old engine space for storage 3) Home depot polyurethane deck paint with fine sand for non-skid... 25% the cost of awlgrip.
Only slightly kidding... but I am the kind who seriously consider these options...