After Hurricane Katrina there were LOTS of salvage boats available for peanuts. My boat worker colleague and bought exactly zero of them. Would have ended up working for $2/hr to fix and sell.
Dennis C. Sent from my iPhone > On Jun 9, 2017, at 10:08 AM, jackbrennan via CnC-List <cnc-list@cnc-list.com> > wrote: > > A guy behind me at the marina was thrilled four years ago when he bought a > C&C 27 with a working A4 for 1K. > > He had big plans. Marinize a small Yanmar diesel he already owned, do a few > other projects and have a beautiful, updated sailboat for under 5K. > > Four years later, the boat has not moved from its dock, unless you count the > time it sank after a heavy Florida rainstorm. Same A4, lots of deterioration. > The boat is worth $0, maybe less than that. > > He tried some projects, found the going rough and apparently gave up. > > My rough calculation is that he has spent 14k in dock fees, another couple of > grand for mandatory insurance and who knows what to have the boat raised. > > He could have waited a couple of years and bought a nice, updated sailboat > for way less than that. Neglected sailboats are not a good deal. They are > difficult and expensive to bring back to life. > > Jack Brennan > Former C&C 25 > Tierra Verde, Fl. > > > > > > > > > Sent from my Samsung Galaxy Tab®|PRO > > > -------- Original message -------- > From: "Dennis C. via CnC-List" > Date:06/09/2017 10:19 AM (GMT-05:00) > To: cnc-list@cnc-list.com > Cc: "Dennis C." > Subject: Re: Stus-List Bye bye pretty boat. > > Kinda like a time share condo. Go to eBay and look at how many are going for > $1. > > Dennis C. > > Sent from my iPhone > >> On Jun 9, 2017, at 7:19 AM, "Della Barba, Joe via CnC-List" >> <cnc-list@cnc-list.com> wrote: >> >> I expect to see a lot more of that L >> Right now, and probably trending towards worse and worse, buying a sailboat >> big enough to need a slip that is older is definitely a “falling knife” >> investment if there ever was one. If the boat ends up needing sails, an >> engine, and interior while you own her, that is likely as much as the >> original purchase and then some for a ROI of almost nothing. >> My wife and I love perusing Yachtworld and we have come to notice for many >> older boats, the list seems static for YEARS. There is one C&C 40 Crusader >> on there that literally has been for sale longer than we have been married, >> and we got married in 1999! >> >> Joe >> Coquina >> C&C 35 MK I >> >> From: CnC-List [mailto:cnc-list-boun...@cnc-list.com] On Behalf Of Dave via >> CnC-List >> Sent: Thursday, June 8, 2017 7:33 PM >> To: C&c Stus List <cnc-list@cnc-list.com> >> Cc: syerd...@gmail.com >> Subject: Stus-List Bye bye pretty boat. >> >> http://www.kijiji.ca/v-boat-parts-trailer-accessories/hamilton/c-c-corvette-sail-boat-31ft-parts-and-sails/1255274199?enableSearchNavigationFlag=true >> >> Had mulled over Corvette project - essentially free - before buying >> Windstar. >> >> Dave 33-2 Windstar >> >> Sent from my iPad >> _______________________________________________ >> >> This list is supported by the generous donations of our members. If you wish >> to make a contribution to offset our costs, please go to: >> https://www.paypal.me/stumurray >> >> All Contributions are greatly appreciated! > _______________________________________________ > > This list is supported by the generous donations of our members. If you wish > to make a contribution to offset our costs, please go to: > https://www.paypal.me/stumurray > > All Contributions are greatly appreciated!
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