I am looking at a 1980 50' Gulfstar in Hawaii. It is about 100K. 1) Why are they so inexpensive? 2) Are there certain things I should be looking for? 3) I have heard that one of the sails might be bad,where would I get a replacement? How much? Thanks Rick in Hi
50' Gulfstar Catch-Why are they so inexpensive
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some boats
when located on an island are cheap because someone thought it would be great to go off sailing, and make it to the island, then decide sailing isn't for them, or just wanted to sail to ?? and did it, so the boat's superfluous now, or they have found the boat's too big, a more common reason for people to initially dislike sailing than a too-small boat in my experience, and the boat fees become an unwanted expense they want to get out of. No experience with the the gulfstar, just look at many boats and noticed that typically, if they were on an island, they were fairly cheap. Odd are the boat's fine, best place to find a sail is to check out sail lofts on line or local, online you can find cheaper, but local you can normally be assured of quality and fit, the two aren't exclusive, just local you are normally able to have someone fromn the loft stop by the boat and see what you have instead of relying on published stats which may or may not be accurate. They sell sails here on this site, no experience with them, but from reading other posts it would seem a good place to start. Ken.
when located on an island are cheap because someone thought it would be great to go off sailing, and make it to the island, then decide sailing isn't for them, or just wanted to sail to ?? and did it, so the boat's superfluous now, or they have found the boat's too big, a more common reason for people to initially dislike sailing than a too-small boat in my experience, and the boat fees become an unwanted expense they want to get out of. No experience with the the gulfstar, just look at many boats and noticed that typically, if they were on an island, they were fairly cheap. Odd are the boat's fine, best place to find a sail is to check out sail lofts on line or local, online you can find cheaper, but local you can normally be assured of quality and fit, the two aren't exclusive, just local you are normally able to have someone fromn the loft stop by the boat and see what you have instead of relying on published stats which may or may not be accurate. They sell sails here on this site, no experience with them, but from reading other posts it would seem a good place to start. Ken.
100K for a 25 year old boat ain't too cheap.
Condition means everything in boats, so 2 the same year can have vastly different values. I've attached link for one looks totally re-built for same price.
Condition means everything in boats, so 2 the same year can have vastly different values. I've attached link for one looks totally re-built for same price.
Used Sails
Use the link below to get an idea on sail replacement. Go to Yacht World to compare your GS 50 to others on the market. The tropics are pretty harsh (UV)on a boat depending on how long its been there. A good visual inspection will give you an idea of its condition. Then, when you hire a good surveyor, any surprises will be a negotiating point or you can walk away and call it money well spent.
Use the link below to get an idea on sail replacement. Go to Yacht World to compare your GS 50 to others on the market. The tropics are pretty harsh (UV)on a boat depending on how long its been there. A good visual inspection will give you an idea of its condition. Then, when you hire a good surveyor, any surprises will be a negotiating point or you can walk away and call it money well spent.
S
sailortonyb
Calif Ted took the words right out of my mouth
I just went on yachtworld.com and keyed in sailboats fron 48 to 52 feet in length and built between 1975 and 1985 and got 42 hits. 100k is not inexpensive for a 25 year old boat. Age seems to be a bigger influence in value than condition, WITHIN REASON. If you dont believe it check BUC values or NADA values. Also, asking prices are often way higher than what the boat is worth. Loan agencies and insurance companies help keep the price on track. As the age/size increases, the values seem to equalze at a certain point. Given a 25 year old boat, not too many loan institutions will be willing to lend money. Therefore, you must find a person with 100K in their back pocket, that in itself can be a limited market.
I just went on yachtworld.com and keyed in sailboats fron 48 to 52 feet in length and built between 1975 and 1985 and got 42 hits. 100k is not inexpensive for a 25 year old boat. Age seems to be a bigger influence in value than condition, WITHIN REASON. If you dont believe it check BUC values or NADA values. Also, asking prices are often way higher than what the boat is worth. Loan agencies and insurance companies help keep the price on track. As the age/size increases, the values seem to equalze at a certain point. Given a 25 year old boat, not too many loan institutions will be willing to lend money. Therefore, you must find a person with 100K in their back pocket, that in itself can be a limited market.
Check out the link below
It is a long, detailed and amazingly informative thread on the SSCA cruising forum specifically about the Gulstar 50 (like all threads, it inevitably wanders a bit). There are many contributors in that thread - my favorites are Jack Tyler, Evans Starzanger and John Drake. So much of what the boat is worth to YOU is based on what you want to do with it. There are Gulfstar 50s from $225,000 down to $25,000 (of course, this one sank in Hurricane Katrina!). Realistic bottom is $89,000. There are many reasons for the difference, including location, condition, hull blisters, equipment, etc, etc, etc. Yachtworld, kinda like eBay, provides an attempt at a 'perfect market' which would make sure that each item is sold for the 'best' price. I'm sure glad it's there as I start looking for our cruising boat. If you're looking for a cheap boat in Hawaii, check out the 47' Hutton Steel Cruiser. The pictures are amazing - I never saw a listed boat that looked so 'lived in', but the steel hull..... if you're headed for the South Pacific on a shoestring, at least you won't have to worry about your entire life savings being sunk because you bumped into a coral head *yks Cheers, Bob s/v X SAIL R 8 (crunchy fiberglass hull!)
It is a long, detailed and amazingly informative thread on the SSCA cruising forum specifically about the Gulstar 50 (like all threads, it inevitably wanders a bit). There are many contributors in that thread - my favorites are Jack Tyler, Evans Starzanger and John Drake. So much of what the boat is worth to YOU is based on what you want to do with it. There are Gulfstar 50s from $225,000 down to $25,000 (of course, this one sank in Hurricane Katrina!). Realistic bottom is $89,000. There are many reasons for the difference, including location, condition, hull blisters, equipment, etc, etc, etc. Yachtworld, kinda like eBay, provides an attempt at a 'perfect market' which would make sure that each item is sold for the 'best' price. I'm sure glad it's there as I start looking for our cruising boat. If you're looking for a cheap boat in Hawaii, check out the 47' Hutton Steel Cruiser. The pictures are amazing - I never saw a listed boat that looked so 'lived in', but the steel hull..... if you're headed for the South Pacific on a shoestring, at least you won't have to worry about your entire life savings being sunk because you bumped into a coral head *yks Cheers, Bob s/v X SAIL R 8 (crunchy fiberglass hull!)
Bigger boats = bigger maintenance
I'm stating the obvious here, but larger boats require exponentially more money to upgrade and cruise... from moorage to bottom paint to sails, systems, bigger is more money all the way around. The cost of ownership often overwhelms the owner more than the initial price. This is coming from a guy who has cruised on boats from my trusty old Islander 28 to a Formosa 51. That being said, there are great deals to be had elsewhere in the world if you have the resources and drive to get the deal done and transported/sailed to a better market. Best, Trevor
I'm stating the obvious here, but larger boats require exponentially more money to upgrade and cruise... from moorage to bottom paint to sails, systems, bigger is more money all the way around. The cost of ownership often overwhelms the owner more than the initial price. This is coming from a guy who has cruised on boats from my trusty old Islander 28 to a Formosa 51. That being said, there are great deals to be had elsewhere in the world if you have the resources and drive to get the deal done and transported/sailed to a better market. Best, Trevor
B
Bil sv Makai
Exponetially more space
But the upside of a bigger boat is exponetially more space. We are crusing a 38 foot Voyage Yacht Catamaran and are looking to go up to the 44 or 50 when return to the the world.
But the upside of a bigger boat is exponetially more space. We are crusing a 38 foot Voyage Yacht Catamaran and are looking to go up to the 44 or 50 when return to the the world.
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