Cat 27 and issues
Most older boats have "issues;" however the question is - "are any of them fatal?" By fatal, I mean a boat that is basically on its last legs. The hulls of the mid-70's boats are much less prone to osmosis and blistering than the newer hulls, particularly of the 80's vintage. The hulls also have that extra layer of Fiberglas - just to be sure; you'll find older 27's are heavier than newer ones, this is all to the good.Most "issues" on your boat will be leaks through the windows, the chain plate area around the - what-cha-ma-call-it that fits on your bulkhead - may be starting to rot, mine is. A replacement isn't suppose to be that hard to do - see past threads on this. I think the greatest "issue" with a number of really old Cat 27's like mine is what I would call the "blank canvas" issue. I am apparently the fourth owner of my Leaky Cauldron and from what I can glean, the last three guys were all "cheap bast...."; their philosophy seemed to be, don't spend a dime on the boat unless it really really really needed it. This means my boat didn't come with any "extras" including a VHF (but the last guy left me his VHF bracket - too lazy to remove it). This "blank canvas" may seem a negative however I have added much to the boat in the last year of ownership. I gave away my old 9.8 2 stroke Merc to a needy teenager, who promptly fixed it up, painted it and sold it for $700 (the kid was great and phoned me and asked permission to sell it; I said - "Its yours do as you please.") I had the rectangle in the transom filled in, a power bracket added to lift the motor, a new Big Foot Mer 9.9 added; controls added in the cockpit.I then added four golf cart batteries, added shore power and ships power, installed a microwave beneath the two burner stove. I added a new anchor, chain and line, bow roller, piping to the locker, and windlass. I threw in 3 Rule 750 bilge pumps to provide proper drainage. I had the sea cocks modified and tubing added so they didn't drain through the transom storage area. A new head, tubing and fittings were added.My philosophy was simple; if I purchase a used boat for $25,000 I will end up needing to fix "stuff" in the near future - more money. If I got a much cheaper boat and threw $15,000 at it, I would have many parts of the boat being "new." For example, I didn't even bother to see if the Merc 9.8 even worked as it looked old and I knew that it had been many many years since the last 9.8 was manufactured; now I don't need to worry about the engine for the boat, or the new Merc 3.3 dingy motor, nor my new Walker Bay dingy with tube.Obviously you don't need to do all this, but it feels good to bring an old boat back to life - it almost feels like its grateful for the new life. I will have the rigging replaced, new sails and a dodger added (like I say the past owners didn't spend a dime on the old girl).I suspect your possible new "old" boat will need some work, but it will probably feel gratifying to you as you do it and you will have some wonderful cruises to back up your expenses.As a wonderful older "lady with class" said to me one day, sitting on the boat moored next to mine after I had complained about my "black hole of a money pit": she said - "But young man, its your black hole!"