What would you pay?

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Feb 12, 2005
143
- - Lake Worth, FL
I am thinking about buying a rough O'Day 27. the Good points: it has good standing rigging from my visual inspection. It has an inboard 4hp Yanmar Diesel Inboard Engine, it is supposed to be working, haven’t been able to check that out yet. It has nice looking sails that have been covered or stowed. I have a spare main sail that fits it.. :) All hatch's glass is intact. It has a head and sink. I couldn’t find any weak points on the hull (rubber hammer taping) The bad: its been sitting for a year in the water with no one paying attention to it. I don’t know how good the motor is. No roller furl. The cushions all over are moldy and need to be replaced, they stored them all in the V birth and shut the door, locking all moister in. All the wood around the head is just starting to rot, I will need to replace the plywood under it, and around it. I will prob need to replace the bulkhead wood also. The floor doesn’t appear to have any rot otherwise. The inside is really dirty, I will have to pressure wash it all out and possibly paint the inside. (will try cleaning and waxing the gel coat first) The bottom paint needs striping and repaint. the topside paint is pretty good looking. The Hull paint isnt very good, will need to try to salvage the gel coat or enamel it. This is in Fort Lauderdale, FL Is the 4hp good enough? What would you pay assuming the motor works, and if it doesn’t work. I’m thinking $1000 even, as ill prob will need to rebuild the motor anyways due to age. a picture of it is below: http://www.helpmenetwork.com/photos/73030888_1.jpg
 

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M

Mike

Sounds OK

I have a 77 O'Day 27 -- great boat -- I had to do a lot of fixing too, but if you don't pay much for the boat, you can invest the money. I replaced one bulkhead ($1000), replaced the cushions ($1200)and many other things as well -- the boat sails very well & is comfortable for cruising
 
Jun 6, 2004
300
- - E. Greenwich, RI
Just make certain...

...that the purchase price added to the approximate amount you'll have to put into it doesn't exceed its value or the value of a nicer boat in sailaway condition. Cheers, Bob
 
D

Dave

4 HP?

Are you sure that isn't 14 HP? I had a 25 for years and used an 8 HP outboard on it. This boat would be easy to retrofit an outboard bracket on the stern and buy an 8 - 10 HP outboard. I can not imagine 4HP driving a boat this size through current or waves. Dave
 
May 31, 2004
858
Catalina 28 Branford
Tough call

A '76 in sail-away condition would run about $8000, and you will be putting at least that much into this boat; more if you want to give your time true value. IMHO, do it if you like project boats; walk away if you are doing this because you want "a great deal." Besides death and taxes, the third sure thing in life is that your boat will cost you more than you planned for.
 
Feb 12, 2005
143
- - Lake Worth, FL
The thing is, i have a bunch of hardware

and I do like projects. I have aprox 300sq yds of different types of fiberglass in the garage, and some tanks, electrical stuff, etc. I had a 45' Ferro ( was brand spankin new to boating, got suckered) that I started to rebuild, and didn’t realize that I was throwing good money after a boat that will never be any good, so I striped all the stuff off of it and ditched it. I did learn ALOT so it isn’t something I truly regret. But I do have plenty of junk around to stick in a boat now (or ebay). I am mainly trying to find what the going rate for a moderate condition project boat is, which from what i have been able to find, seems to be very subjective to the buyer & seller. The seller is a charity that takes boats free, so they are not attached to it.. I am looking for a boat that can sail but needs interior work, not a total rebuild from the ground up. I think im going to offer them 700-1000 depending if the motor is startable, and if it isn’t attach my 5hp outboard to it for now (which i will have on it anyways as a backup).
 
Jun 6, 2004
300
- - E. Greenwich, RI
A rough O'day 27...

...with problems and an engine of unknown condition: $1,500.00 Plus around 5-6K for re-fitting means you'll have a boat worth about as much as you put into it not counting your labor. I'd say screw it, buy something sail-away and go sailing instead of repairing. Just because you have the materials to do the work doesn't mean you have to buy a tub to use them on. I know that your intentions are to turn a sow's ear into a silk purse, but the road to hell is paved with good intentions. I advised a former O'day owner not to purchase a project 272 (outboard model) because it needed extensive work. He bought it anyway and when I went to look at it I just couldn't believe it. He never even began work, he sold it at a tremendous loss. Just my eversohumble opinion. Cheers, Bob
 
May 11, 2004
34
Oday 25 Bullocks Cove, Narragansett Bay
I agree with Bob

Maybe it's a Rhode Island thing but I'd rather spend the money for the sailable boat than a project. Check out the site's Boat of the Week. Its an OD25, its in Fl and ready to sail. GO for it. Fair winds.
 
T

TT

Boat or hobby ???

Don - You're looking at a lot of work. From your description of the condition around the head & main bulkhead I'm guessing that there will also be rot in the balsa-core of the deck around the chainplates. All the lateral stresses of the rig are transferred into the hull in this area so the repair will have to be structurally well executed. And if you don't do a good cosmetic repair as well, you'll probably never get your $$ back out of the boat. The engine is probably an 8 hp , not a 4. I've got one in my 1978 O'Day 27 and it's a great little engine, but there isn't much in reserve to buck a headwind or a current, even with a 3 blade prop. Very easy on fuel but it vibrates & is noisy. Most parts seem to be still available for it. It's a tough call, but what you've described is going to take a lot of time, work AND money. Unless you're looking for a new hobby I think I'd look for a better boat.
 
Feb 12, 2005
143
- - Lake Worth, FL
ok, ok you guys talked me out of it

I have searched a bit more and right now, sail boats are a dime a dozen here in Fort Lauderdale. I found a Cal Sloop 25' with 8p outboard for 2000$ and a Hunter 27 with 5hp inboard for $3800. Both have a few minor cosmetic things, but no major stuff. Both can sail right now. Since the 25' has a henged mast, im leaning towards it. for some odd reason the 25' seems to have as much inside space as the 27'..? But now this isnt O'Day subject matter so thanks for the "fatherly advice"!
 
Jun 6, 2004
300
- - E. Greenwich, RI
There are many years of experience on this forum..

You are wise to heed it. Take your time and find yourself a nice sail-away boat. You will never regret it and it will bring you years of enjoyment. The operative phrase here is, "Take your time." Cheers, Bob
 
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