Looking at a 1972 Catalina 22 and need some advice

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Greg

I am looking to buy my first sailboat and I would value ya'lls opinion on whether or not this is a good deal. The boat is a neglected 72 Catalina 22 swing keel that has been on a trailer for at least 7 years. The hull is in good shape with no blisters though it could use a good cleaning. The keel will need to be sanded and re-finished. The deck feels solid, but there is some minor spider cracks in the cockpit and around the cabin housing. There is also some spider cracks inside the cabin on the headliner near the hatch rails. Is this a common problem? The thru hull pipe/valve is currently lying in the bilge. How hard is it to reset the valve in the thru hull hole? The boat will need to be re-wired and I most likely would replace the standing rigging just for piece of mind. The boat comes with an early 70's Sears 5.5 hp kicker that looks like it could use some attention. Finally, the boat needs sails and sheets. The owner is asking $1,000. Is this a fair asking price? Any advice you could give would be greatly appreciated. Thanks, Greg
 
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john renfro

$$$$$$$$

hello greg, i paid $1100.00 for my 1976 22. 6.5 hp johnson. and two sets of sails. if your throughhull pipe is in the bilge, where is the winch, cable, and turnining ball? mine needed rewiring ( not a big job )spider cracks are normal. i don't think replacing the cable throughhull would be a difficult job,never did it,but it looks simple. john
 
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Don

Cat 22

It will probably cost a couple thousand to buy new sails, running rigging, electrical wiring, standing rigging, and a bottom job. If the engine is that old, you are probably looking at needing a replacement soon which could cost 1 1/2 to 2 grand for a new one. If the boat sat for seven years then it probably has more problems than just being dirty and sitting this long can't be good for the trailer. As for the to-hull pipe, those will have to be replaced with an actual thru-hull fitting and not just reinstalled. It may cost you more to bring this 30 year old boat up to snuff than what the boat is worth. I would look around at other C22's that are for sale and compare what they are selling for and how they compare to this boat you are looking at. You could have the boat surveyed to see what it needs. It may cost you 30-40% of the purchase price and if his recommendation is to run, then you are out the survey fee. Anyway, good luck.
 
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Paul

Hmmmm....

Hi, I have a 71 C22 that I refurbished for racing and I did most of the things that you mentioned. I bought for racing and wanted a sound boat with trailer. If you can get a boat in sound condition, ie no rot in the decks, etc (which sounds like this boat), a trailer and are willing and able to do most of the work yourself, then $1000 sounds OK. Besides, you can always make a lower offer and possibly come up with a real good deal. But remember, all the work is not that difficult, it just takes time. You have to really enjoy working on this stuff. If you plan to outsource all the repairs to a marina, this will costs you a fortune...you don't want to buy this boat. Good Luck, Paul
 
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tomD

3 kinds of used boats

Have noticed during my searches for second hand boats they break into three groups: 1. They have been used and used and unless something breaks off it is not fixed. Sell for cheap, and are projects more than boats. Purchase price x2=real price. 2. Regularly maintained and cared for, just old but still seaworthy, you can figure on 10% of the purchase price added will put it right. 3. Improved boats: things added, changed out to keep them evergreen--they cost the most but you can just sail away on one. So, which is this one? Do you have money, or time? This breakdown explains the range of prices for any given secondhand boat--compare ones to ones, twos, threes-- tomD
 
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Jim Johnstone

Think about this

1. This boat cannot even be put in the water, let alone sailed without major work. 2. The boat is a liability to its owner. 3. It is about the worst time of the year to try and sell aboat 4. The economy is bad 5. Basically what you are buying is a hull and some rigging I would not offer more than $500 if you like it maybe $750 if it has a trailer that is usable.
 
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Greg

Thanks for the feedback!!!

Thank you for your feedback and advice. I have not made up my mind yet on the boat in question. It does meet the basic critera I set forth when I began looking around for a project: sound hull, sound deck, trailer, and minimal upfront cost. I know the money comes into play later. I plan on spreading the cost of refurbishing over a 1-2 year period. I will be doing the work myself. My thinking is that if I can keep the final cost around $3200 (initial purchase + refurbishment) my loss if I decided to sell it down the road would be minimal. Maybe my logic is wishfull thinking, I don't know. If I do decide to make an offer it would be for no more than $750. I would not be under pressure to get the boat on the water right away. I just bought a new ski boat for the family. A project sailboat is the wife's compromise offer for my giving in and getting the power boat. Once again thanks for your feedback. I really enjoy this forum and value the opinions offered up. Greg
 
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Greg

Thanks for the feedback!!!

Thank you for your feedback and advice. I have not made up my mind yet on the boat in question. It does meet the basic critera I set forth when I began looking around for a project: sound hull, sound deck, trailer, and minimal upfront cost. I know the money comes into play later. I plan on spreading the cost of refurbishing over a 1-2 year period. I will be doing the work myself. My thinking is that if I can keep the final cost around $3200 (initial purchase + refurbishment) my loss if I decided to sell it down the road would be minimal. Maybe my logic is wishfull thinking, I don't know. If I do decide to make an offer it would be for no more than $750. I would not be under pressure to get the boat on the water right away. I just bought a new ski boat for the family. A project sailboat is the wife's compromise offer for my giving in and getting the power boat. Once again thanks for your feedback. I really enjoy this forum and value the opinions offered up. Greg
 
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Dan

What do you what to do?

$1000 for the baor and it sounds like maybe $3000 to $4000 and maybe a years worth of spair time to get it in the water. Now there were more C22 built than any other boat in the world, in the marina were my boat is, there are about 60 c 22's out of maybe 300 boats, and maybe ten for sale at any one time, $4000 to $6000, all may need a little work or paint, but most are ready to sail. So what do you want to do? build a boat or go sailing?
 
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tom

u only live once...

go ahead and buy it...i did...after hearing so many good things about the catalina boats,, i didnt think i could go too wrong...(i hope) good luck....
 
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ed

advice from a far

greg the average sale price of this boat is almost double what the asking price is. my advice is get the boat if you want it, but with the upfront cost you are already dicussing, you might also want to think about buying, perhaps a bit newer boat that needs less work and still have the same amount invested with potential for higher resale when the time comes.
 
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