Dear Doug,
You are correct that building a boat is a money losing proposition. Looking back, after our multi-year refit of our Vega, I would say that we essentially bought only the hull, deck, and spars, Pretty much, everything else has been replaced. The cost, in parts and material only, (no labor), including a new Beta diesel is probably in the $50,000.00 range. The reason we chose to refit a Vega is that it's a bluewater boat that is a pleasure to sail when the weather gets nasty. It takes care of us out on the big water.
I could probably sell my Vega for $15,000, therefore the math stinks. I could have bought a well equipped Vega for $15,000, but I would have missed out on the joys of spraying two-part polyurethane.
Rebuilding a boat is a labor of love. I suspect the two-part urethane had something to do with that. Buying a role of rigging tape today is a losing proposition financially for me with our Vega.
The advantage to dumping a ton of money into a losing proposition called a seaworthy boat 'though, is that out on the water you know every inch her because she's yours. You built her.
(If anyone is keeping track of the plusses and minusses, where am I?)
Our Vega, if stored until our Goldener Years, would be stored indoors. She understands that we will sail together for another few years and then move to a larger boat. She's pleased with that and pleased to wait until she's needed again. She can't wait to hear the stories we'll tell her, when we take her back to sea.
It is a credit to this forum, the Vega, and the Westsail 43, that we concern ourselves with seaworthy boats. At least I won't be told here that I should consider the room and amenities found in a floating camper. I thank you all for that.
So, to the ladies and gentlemen listening in at the edges of the Vega forum: The Vega is a wonderful boat. It's got a narrow beam. It's got a full keel with a cut-away forefoot. It's got a whole bunch of things that make it seaworthy and it will take care of you and you will love her for it.
The chances of me buying the Westsail 43 in Baltimore are about a million to one. So, everyone please relax. My wife and kids want a bigger boat, but not me. I have a little bit of pressure from them but nothing that I can't handle. I just need to come up with a better argument against the Westsail 43 than that it's a losing proposition financially. That obviously isn't going to work.
Your suggestions are appreciated.
Frank DeBaggis
Carpe Diem
Vega 2141