Plan Your Spending

[ELMAX]

Hello to all friends, as you may have seen the post HELLO WE PRESENT, my wife and i we are currently restoring a Hunter 35.5 , things are going well, but we wanted to know what can be the value of this boat when you are finished the restoration, " I will not sell the boat!" But we want to find the right balance, the spending to do, not to exceed by far what is its real value. There are so many options, you can put, but you cannot exaggerate ...

 

[Stretch]

Hi Elmax, on the west coast, Vancouver, Canada your boat is worth $50 to 65,000 CDN, more if you have a new engine, sails, or in ''Bristol'' condition. We have less UV damage up here. In poor condition it would be worth 40,000 or less. These are 2012 prices.
US east coast and gulf coasts, prices are lower.
It is what the buyer is willing to pay, and what other boats are for sale to choose from.
http://www.sailboatlistings.com/cgi...ID=*&sb=5&so=descend&manufacturer=Hunter&nh=5
After your countries election on Sunday in Italy, maybe prices will rise ????

Ciao Elmax

 

[Ralph Johnstone]

Hi Elmax,

Without getting into the philosophy of boat ownership, I don't think I've ever looked at the amount of money I've put into my boat. There is NO WAY I could sell my boat for what I've sunk into it when I consider the original price (as new) plus all the gadgets I've put into it since. They're gone without any hope of getting them back.

What keeps me on this endless, mindless spending spree is the satisfaction of installing new equipment and the enjoyment of using it on the water.

If I were to start looking at my boat from a financial point of view, I'd get rid of it and charter a few times/year over where you are. My moorage, maintenance, and insurance costs would cover the expenses very nicely.

 

[quadrille38]

Agree with you Ralph.
Never buy a boat for a financial return.
We bought a 5 year old Catalina 34 and owned it for 17 years. When we traded it in on our 2008 Hunter 38 the dealer gave us exactly what we paid for it 17 years prior. Of course to get that I had spent $5,000 plus on new sails, a few thousand on new dodger and Bimini, a few thousand on a winter cover, a thousand or so for new lifelines, ...... You get the idea.

My dad always says that with boats you have to add the value of family memories and your mental health to whatever sale price you get. And when you do that, you will see that you made a killing on owning it! ?

 

[Stu Jackson]

Good advice. In addition, one may want to think of "work done" on the boat as either "maintenance" OR "improvements."

A GPS, a new VHF radio, other navigational tools could be considered improvements over and above basic necessities like a basic VHF. In most cases, because electronics improve so rapidly, there is little to be gained financially. Sometimes new owners prefer basic boat electronics so they can add the electronics THEY prefer. It's like adding the shag rugs YOU like before you sell a house: the new owners may NOT like them at all!

Maintenance includes just about everything else, much like what you pictured. Just because a previous owner neglected your boat doesn't mean that what you put into it means it is any more valuable. For example, neglected seacocks that didn't get exercised and need to be replaced, do not add any value to a boat. Many boats have skippers who do not neglect standing and running rigging, or seacocks or blocks, but don't get premium prices for their boats.

The main differences here are significant FEATURES. For example, there was a post recently where the questioner asked if he could buy a boat in the Caribbean, sail it to Vancouver, and make money! Neglecting the cost of the trip for the moment, my response was that it would be difficult for him to find a boat in the Caribbean that had the diesel heaters so favored by folks in the Pacific Northwest.

So, put aside your approach to "investment" because it simply rarely works that way in real life.

Good luck in your projects.

 

[Stretch]

Hi ELMAX;
I think that you enjoy this, working on boats. Are you looking for a career change?

It would be fun to buy, rebuild and sell used sailboats, if you could make some money.

I have been shopping for new sails and planning my spending.
You can get a decent dacron full batten main, with 2 reefs, for the 35.5, for 2600 USD, from the SBO Store here. I am leaning this way if we get a bigger boat in a couple years, instead of spending money on performance cruising sails, which I won't have long enough to enjoy, likely.
The 35.5 jib sails are priced at 1775.00 [130% jib] and 1585.00 [for a 110].

A lack of marinas and moorage in our province, affects the availability and price of boats. We have long waiting lists in some areas for moorage, up to 16.50 a foot moorage, and that hinders the volume of sales activity that could be taking place, here.
Ciao

 

[ELMAX]

sorry answer tomorrow because of elections and the night of the Oscars and a tough weekend ...

 

[ELMAX]

Hi ELMAX;
I think that you enjoy this, working on boats. Are you looking for a career change?

It would be fun to buy, rebuild and sell used sailboats, if you could make some money.

I have been shopping for new sails and planning my spending.
You can get a decent dacron full batten main, with 2 reefs, for the 35.5, for 2600 USD, from the SBO Store here. I am leaning this way if we get a bigger boat in a couple years, instead of spending money on performance cruising sails, which I won't have long enough to enjoy, likely.
The 35.5 jib sails are priced at 1775.00 [130% jib] and 1585.00 [for a 110].

A lack of marinas and moorage in our province, affects the availability and price of boats. We have long waiting lists in some areas for moorage, up to 16.50 a foot moorage, and that hinders the volume of sales activity that could be taking place, here.
Ciao

Thanks Stretch. I wanted to make a comparison with the prices in Europe. I have done a good deal to buy this hunter .when it is finished the restoration will be perfect and its value will be equal to the expenditure for the restoration. The price for your sails is equal with our, if you use this material dacron.
If I understand correctly you want, you want to , a boat larger ? You hope. But not too large. I have managed for three years, this you see in the pictures. In addition management costs to always be a need for crew to go quiet.
That is why the ideal measurement is 35 - 40 feet, flaws i can do everything alone, without fatigue and why it is not too expensive. But this is my thought.

 

[ELMAX]

Hi Elmax,

Without getting into the philosophy of boat ownership, I don't think I've ever looked at the amount of money I've put into my boat. There is NO WAY I could sell my boat for what I've sunk into it when I consider the original price (as new) plus all the gadgets I've put into it since. They're gone without any hope of getting them back.

What keeps me on this endless, mindless spending spree is the satisfaction of installing new equipment and the enjoyment of using it on the water.

If I were to start looking at my boat from a financial point of view, I'd get rid of it and charter a few times/year over where you are. My moorage, maintenance, and insurance costs would cover the expenses very nicely.

Thanks for the response, which i think equal: and, behold, the new purchase for the restoration of calypso, radar, radio, and many new instruments.
A popular saying : The speaker for de dead (coffin) has not pockets.

 

[ELMAX]

Thank you for your reply Quadrille 38. It is true what you say, and it is very nice one that says your dad. I don't sell the boat, i live in the sea from when i was a child and in the sea is my memory. In the restoration of caypso we will give our best, and know that you have also done a good deal better. Ciao

 

[ELMAX]

Good advice. In addition, one may want to think of "work done" on the boat as either "maintenance" OR "improvements."

A GPS, a new VHF radio, other navigational tools could be considered improvements over and above basic necessities like a basic VHF. In most cases, because electronics improve so rapidly, there is little to be gained financially. Sometimes new owners prefer basic boat electronics so they can add the electronics THEY prefer. It's like adding the shag rugs YOU like before you sell a house: the new owners may NOT like them at all!

Maintenance includes just about everything else, much like what you pictured. Just because a previous owner neglected your boat doesn't mean that what you put into it means it is any more valuable. For example, neglected seacocks that didn't get exercised and need to be replaced, do not add any value to a boat. Many boats have skippers who do not neglect standing and running rigging, or seacocks or blocks, but don't get premium prices for their boats.

The main differences here are significant FEATURES. For example, there was a post recently where the questioner asked if he could buy a boat in the Caribbean, sail it to Vancouver, and make money! Neglecting the cost of the trip for the moment, my response was that it would be difficult for him to find a boat in the Caribbean that had the diesel heaters so favored by folks in the Pacific Northwest.

So, put aside your approach to "investment" because it simply rarely works that way in real life.

Good luck in your projects.

:Good advice Stu Jackson. Thanks so much, my wife and I, we do it for us not for an economic return. We are very pleased to be owners of a hunter 35.5 and I think it will give us unforgettable moments, for better or for worse. Thanks Stu and see you soon Hello

 

[waternwaves]

Elmax

IF those circular bushings you cut were out of a cutting board or any other Polyethylene material you are going to have problems on two counts,.

1. Polyethylene has extremely poor bonding to anything, with especially low strength with chemical adhesives.

2. IT creeps like you would not believe, put pressure on it and it will flow and flow and flow.

Hope what you were using for that application was not a Polyethylene material also called PE, HDPE, UMWPE etc. not a good choice for any compression seal of any typel

 

[onecoolair]

Hello to all friends, as you may have seen the post HELLO WE PRESENT, my wife and i we are currently restoring a Hunter 35.5 , things are going well, but we wanted to know what can be the value of this boat when you are finished the restoration, " I will not sell the boat!" But we want to find the right balance, the spending to do, not to exceed by far what is its real value. There are so many options, you can put, but you cannot exaggerate ...
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I would not use the material you are showing in pictures....You will never get a good bond because nothing will stick to it! Find and cut up some old fiber glass panels or pieces and do that instead.

 

[ELMAX]

I would not use the material you are showing in pictures....You will never get a good bond because nothing will stick to it! Find and cut up some old fiber glass panels or pieces and do that instead.

Thanks friends
Yes you are right. What you are seeing is a washer in P.E. thick 1 cm. Serves to distribute the force under, and decrease the vibrations on the nut, under ec a reinforcement of wood with resin, the seal with the water it is with this special silicon, sikaflex 292 or 291 that acts on a very large surface on the hole of the hull. Thanks and aspect other councils.

 

[Stretch]

Thanks Stretch. I wanted to make a comparison with the prices in Europe. I have done a good deal to buy this hunter .when it is finished the restoration will be perfect and its value will be equal to the expenditure for the restoration. The price for your sails is equal with our, if you use this material dacron.
If I understand correctly you want, you want to , a boat larger ? You hope. But not too large. I have managed for three years, this you see in the pictures. In addition management costs to always be a need for crew to go quiet.
That is why the ideal measurement is 35 - 40 feet, flaws i can do everything alone, without fatigue and why it is not too expensive. But this is my thought.View attachment 61584

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My wife wants a better cabin to sleep in and she likes the 42 ft boats. I can handle alone the length of the boat as long as the jib is a 110% or less and it has an assymetrical on a furler. Twin helms would make docking easier.

I am happy with this 35.5 if she does not want to sail much.

Tell me about the photos you sent here, Elmax.

Ciao

 

[ELMAX]

My wife wants a better cabin to sleep in and she likes the 42 ft boats. I can handle alone the length of the boat as long as the jib is a 110% or less and it has an assymetrical on a furler. Twin helms would make docking easier.

I am happy with this 35.5 if she does not want to sail much.

Tell me about the photos you sent here, Elmax.

Ciao

Hi Stretch these photos are of fifteen years ago. Are the islands of Croatia, in particular, this national park islands kronati. The cave you see, and a haven for submarines of World War II, and it is very nice inside. The boat you see I kept it for three years, a project to make the races. It was very fast. One day you should come for a ride in these parts .... ciao

 

[YVRguy]

I think your spending should be in proportion to the length of time you expect to keep your boat - assuming the basic elements are sound. Your upgrades are an investment in your own enjoyment - you won't get your money back in resale. So, if your boat is in good shape and you expect to keep it for the foreseeable future, spend as much as it takes to make you comfortable and happy. In my case I am on my first boat and I expect that I might upgrade to something more appropriate for open water in the future so there are limits to what I will spend. My two cents...

 

[Stretch]

Hi Stretch these photos are of fifteen years ago. Are the islands of Croatia, in particular, this national park islands kronati. The cave you see, and a haven for submarines of World War II, and it is very nice inside. The boat you see I kept it for three years, a project to make the races. It was very fast. One day you should come for a ride in these parts .... ciao

View attachment 61995

That is a beautiful yacht. We are planning to charter in the Med one day, my wife loves Italy and I love the architecture, art and the food. We must keep in touch, it would be great to sail with you one day.

 

[Stretch]

I think your spending should be in proportion to the length of time you expect to keep your boat - assuming the basic elements are sound. Your upgrades are an investment in your own enjoyment - you won't get your money back in resale. So, if your boat is in good shape and you expect to keep it for the foreseeable future, spend as much as it takes to make you comfortable and happy. In my case I am on my first boat and I expect that I might upgrade to something more appropriate for open water in the future so there are limits to what I will spend. My two cents...

Adding a heating system was a tough call, but probably the best thing I did. The Admiral has no issues with being warm and she loves all the hot water.