Budget? What budget?

Status
Not open for further replies.
P

Paul

Under and lucky I did...

A month after I bought my boat, my wife announced to me she was expecting our first baby. I had thought of using the money I had saved as a down payment and buying a C270 or a C30. However I found a really nice 1974 C27 and paid cash. If I had taken out a loan, I'd would likely thinking about selling the boat now as expenses went way up and now my wife wants a bigger house. Hopefully I'll be able to have both now and I get to teach my daughter to sail. Paul E 1974 CAtalina 27 Vancouver, BC http://community.webshots.com/album/14287993qauQVQbYXp
 
P

Peter Lawson Kennedy

Great Boat at a Great Prce

This boat, a 34, sold itself to me at the Newport Boat Show in 2000. The price, I thought at the time, was most reasonable. Two months later, when I bought it, it cost even less. What has impressed me the most is the quality of the boat and its performance under sail and power is wonderful. The quality of the workmanship, understanding that this is a production boat, and the amenities make this the best buy I have ever made. Price was not an issue. If I thought the cost too much for my pocketbook, I wounldn't have bought it. But the cost/utility ratio tipped me way over the edge to buy it. It is a wonderful. Peter
 
D

dave

great reaction!

i lost my 28 after 8 hours on her when my ex announced she was prego much to my surprise! now 15 years later and after a lot of lokking i found a perfect 1983 25' that i fell inb love with and bought and my kids love her
 
J

Joe C.

I didn't see the size of the hole in the bottom!

My original cost for a new boat was pretty much on target. I opted to get her outfitted pretty good from the start and that took a pretty good toll on the heels of buying the boat. Over $6K on motor, electronics, and etc. Ouch! But, I am really happy with everything. The thing is that I could easily spend another few thousand on more stuff, but I guess that's no big surprize! Joe C. in NC '01 H260 Windward Passage
 
T

Terry Fields

My first and last new boat

Prior to this boat, I have been a confirmed used boat buyer. When I shopped for the 410, the spread between a used late model boat was so close to the price of new, I decided to take the plunge. Much to my supprise, by the time I took delivery, the boat was so dirty, scratched, and covered with overspray from repairs, that it was not as "new" as may of the used boats we had considered. Naturally, we protested and the longer the boat was at the dealer, the worse the situation got. No more new boats.
 
B

Bill Stumpf

Marine Surveys

We bought our boat early last spring. We have sailed her all summer in western Lake Erie with trips to Canada, Mighigan and of course all the islands. As for the budget: size, age and condition add up to price. For us the boat had to be large enough for my wife and I and our two Shelties to cruise and live aboard on weekends. We had a fixed price we could afford, therefore the age and condition were the two variables. The first decision was to hire a marine surveyor. At four hundred bucks, it was a step we were tempted to skip. But, we are happy we didn't. Our boat is fifteen years old and there have been no major maintenance surprises. The survey told us what we were getting into. We are close to our budget, except for all the gidgets I just had to have from USBoat and West Marine. Good sailing.
 
D

David Foster

Low end of our range

We paid $9,200 for our '77 h27 versus our range of $10,000 to $20,000 for a used boat in the 27 to 30 foot range. The shoal draft keel was a decider versus a Catalina 30 at $16,000 with a 5.5 foot keel that would not have worked in our marina on Lake Erie. After two summers of cruising and day sailing, and about 35 nights on board, I am glad we went for the smaller Cherubini. The Admiral and I have plenty of room, the systems are simple and reliable, and she meets all our needs. Oh, and I really like her lines. Put about $4,000 of our budget into new Doyle sails, and another $2,000 into a dock (our marina rents space on a wall - the dock belongs to us) and other stuff to allow single handing, and a grill on the stern rail. David Lady Lillie
 
G

Gary Elston

Budgets are made to be broken

Bought twice the size of boat I was looking for and paid twice my budget. SOP
 
C

Cathy

Limited market drives budget

We are new boat buyers that were looking for a 30 to 35 foot sailboat with decent performance, blue water capability, in readily sailable condition and one that could be easily handled by one or two persons. We are located in Alaska and unless we were willing to either take the time to sail the boat up or have it ferried, we were basically stuck with the local area inventory which is fairly diverse but not much for sale at any one time meeting our criteria. We settled on a 1984 33' Wauquiez Gladiateur that was stripped of all safety and extra equipment that wasn't permanently attached to the hull. We paid a fair price for the boat (slightly below survey) but will be spending additional dollars to re-equip the boat. All in all we will likely stay within or below budget based upon our research. It's definitely easy with boats to get eyes bigger or more expensive than one's actual budget. I really love the Pacific Seacraft Mariah but there weren't that many made nor are there many for sale on the west coast and the one's that are for sale run quite a bit over our budget. We will be happy with our chosen boat for the coastal cruising that we plan to do after retirement and we will be happy that we resisted temptation to overspend.
 
G

Gary Wyngarden

Get the right boat.

I'm currently in Minneapolis on business all week and experiencing separation anxiety from Shibumi. An old friend gave me a piece of good advice which applies to boats and many other things as well. "If it's exactly what you want, buy it no matter what the price. If it's not exactly what you want, don't buy it no matter what the price." I bought exactly what I wanted and have never been sorry even though it was much more than I originally planned on. Gary Wyngarden S/V Shibumi H335
 
J

John King

sailing on a shoestring

I spent 1500 dollars for my 78 O'day 22 three years ago.I don't know of any purchase I have ever made that has brought me so much pleasure.Sure,I use my gaff for a depth sounder, scrap iron for a mooring and avoid spending money anyway I can, but that is part of the challenge!I have probably spent another 800 dollars total in that three years,but that include gps and vhf.
 
B

Bob Camarena

Kept in Control

I moved up from a Santana 21 to a MacGregor 25 to a Catalina 27 and then to a 1981 Catalina 30 (my current boat). I've always bought good used, if not particularly new, boats. It's always been a comfort that I wasn't "boat poor" and mortgaged to the hilt. Sure there have been unexpected expenses that have stretched our budget from time to time, but at least they weren't on top of a large boat payment that was barely affordable to start with.
 
J

John McKown

Less than the market - more than wife's budget

Plan A - Place waterfront home on market. Allow 6 mos to sell. Draw plans for retirement home on lot purchased in Semi-ah-moo (near Canadian border) with golf, tennis
 
S

Steve Cook

If I was still married....

I'd still have "The Odyssey" !!! When I bought her she was no problems with 2 incomes and a 30 year note from the bank. I was glad to get my divorce but it was a very sad day when reality slapped my face and told me to sell the boat. During the re-financing of the boat, my bank said that they would only give me a 15 year loan at 9%.... On the other hand, the day I closed on the sale of "The Odyssey", I closed on the purchase of a Peason 323 and I feel that I am within my budget limits... Steve, s/v (No name yet) Pearson 323
 
R

Roland Ludlam

Good Dead

I paid $3500 for boat, trailer, dinghy, as well as anchor, life vests, 6 hp motor, cushions. The works. It was a great deal 15 years ago and I think it would be a great deal now.
 
R

Roland Ludlam

Good Deal

I paid $3500 for boat, trailer, dinghy, as well as anchor, life vests, 6 hp motor, cushions. The works. It was a great deal 15 years ago and I think it would be a great deal now.
 
S

SailboatOwners.com

Final results

Final results for the Quick Quiz ending 9/30/2001: Did you blow your budget when you bought your boat? 49% Right on budget 27% Blew my budget to shreds 20% Spent less than I expected 06% Boat was almost free
 
Status
Not open for further replies.

Top Bottom