102. Dirt Cheap 56' Project YACHT: Is She Worth It? [Full Tour] Learning the Lines
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- Опубліковано 26 вер 2019
- In it's heyday this boat was beautiful. Unfortunately, she's not in such great shape today. This boat needs a complete refit, and totally refitting a 56 foot yacht is a HUGE undertaking that will cost an unimaginable amount of time and money. It's not something to be taken lightly.
The biggest question is... is she worth it?
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The asking price for this vessel is currently $98,900. You can find more information along with the broker's contact info here:
www.yachtworld.com/boats/1980...
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Learning the Lines is a channel about us, an average couple in our 20's, with big dreams to be sailing the world by the time we're in our 30's. We're not afraid to jump into anything, put in the work, and learn as we go. For this reason our channel is very DIY focused, with the goal to show anyone watching that a lot is possible if you're not afraid to make some mistakes along the way.
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As a 61 year old Boomer I wish to say thank you. I so enjoy your videos showing all the lovely boats. Young man you are very lucky to have such a brilliant lovely wife that shares your passion for the sound of the wind in the sails and the slap of water on the hull.
Cool!
A $20,000 boat for only $100,000!
Thanks for showing us.
I even enjoy the junkyard boats.
I just try to find the humor in the crazy prices people put on their emotional ties to their stuff instead of realistic money for something needing a full refit.
Yes, What part of Dirt Cheap is it that I don't understand? I guess I am just dumb. I tried to subtract 1980 from 2020 to get the age of the boat, and I couldn't, I ran out of fingers and toes.
It's your journey, and you're kind enough to share it with us. Don't worry about trying to please us - you simply can't please all of the people, and trying to will end up being an onerous job. Best wishes ...
Well it's still floating (unless it's sitting on the bottom 😂😆) so there's a plus👍
You guys are great. Thanks
Love the idea of “fixer upper” boat tours!!
Great presentation....love your analysis of fix er upper boats...please keep it coming.
Great job ya'll... didn't have a lot to work with but you did the best that could be expected.
I love your boat tours, it really helps me to start understanding what to look for in a liveaboard cruiser. BUT WHEN ARE YOU GUYS GOING SAILING AGAIN!!!
The longer it sits unsold, the price will eventually will come down. I know you don’t get excited about this boat, but it’s the ones that need work are the ones that get me excited. Especially if the price is right.
I would totally sail this boat with a small refit, although I do alot myself, I wonder why people are saying it needs a complete refit
The forward cabins.
The two cabins have upper and lower center line bunks, one on top of the other.
Very good conservation of space.
Hey, thx. I only realized that after your comment. Nice
I agree with Chris // needs work , but once the cockpit is framed off and solid services it could be an awesome boat
Neat layout. Thanks for the tour
Well you were right. I could almost smell what that boat smelled like.
You and your wife were the most pleasant part of the tour
... guys ... i just love ure reviews ... the style of presentation and explaining juat what you see .. stead of adding to much opinion ... gives me the opportunity to experience it for my self ...
. . thing is everybody got there own opinion ... the way you present allows for just that ...!!!
... you guys are great ... ps . . you both do great at yachts sales ...
Thanks, I really enjoy the walk throughs. Tough to imagine the buyer for this boat... best deal may be its current use. I doubt you'd know what the cost of restoration would be unitl it was torn apart, by then it would be too late. Big risk. Back of a napkin estimates would not work fo me on this one!
Yous Rock. Always to weather;) Thanks for the, great boats.
I LOVE DUCT TAPE! I HAVE ABOUT 30 ROLLS IN DIFFERENT PATTERNS,PICKS,MUSTACHES,TIGER STRIPE LOL I NEVER LEAVE HOME WITHOUT IT!!!!!!!!!!!!! NICE BOAT NICE LAYOUT!
Woo hoo, we got Randi. That makes the boat for that price totally worth it :D
No kidding, she's an absolute knock out
Glad to see the puppy dog in the broker's photos, I thought it was the boat barking! That aside, what fun it would be to bring this vessel back to her potential self! Maybe not worth it, but there is little that is fun that is truly worth it- ask anyone who has restored a classic car.
Not much new to add that hasn't already been said. Thanks for the tour! Maybe as a new added twist while you are waiting to get back to Freebie, see if you can do some tours with owners who are currently in the middle of their own re-fit. Surely there are plenty of them out there who'd like to walk us through their ongoing project, discuss decisions they made and why, and show us what is next on the agenda. That would be interesting! hoooahhh
Adventures of s/v Nepenthe have a look at Dangar Marine he is refitting a steel trawler, he paid 10,000 and the refit will cost about 70,000!
I have watched a lot of boat tours and yours are some of the best. Some idiots actually have boat tours with no description
Even a free boat, with a bag of money on the foredeck, can be too expensive.....
Very true, been there, done that!
Particularly a boat over 30 feet
I'll tell you what.. True
Definition, Boat: A hole in the water for one to throw money into.
BOAT, “Bust Out Another Thousand”
It's interesting to see these commentaries on the different boats. I'm in the industry and I see lots of projects like these. I think if you we're to consider the cost of a boat like this new and take into account build quality and materials, you'd be looking at $800k to $1m. For someone with the time and the skills, an $80k to $90k purchase price and $150k in repairs and improvements and you'd have a go anywhere boat that would be big enough for for a family to travel comfortably. I've yet to see any boat, new or used, that doesn't require significant maintenance and improvement cost. 10 year old boats have outdated electronics and any boat that gets used with any frequency has a diesels in need of replacement. I didn't see quite the cautionary tale you did with this one but I agree anyone undertaking this type of project needs to understand costs.
While I agree that one could still save money vs buying new boat of that size. There is still two big issues. First it will never be new, so is not really a fair comparison. Second, they have already shown several other boats around this size that were sail away or near sail away ready, requiring very lil maintenance, all at 75k - 100k.
That all means even if you did all of that, one would never get that back, likely would only be able to resell it at cost they purchased it for to begin with (80-90K). Which means they would have spent all that time, money to upgrade and did I mention time, that wasn't needed to get a good boat that size to begin with. Now, there is always a matter of preference, and yes IF you love the boat and intend to make it yours for many years, it is still all worth it. This is likely where the cautionary tale comes from, they have seen many better and for cheaper. I suspect they heard about the lightning damage and so thought that was going to be its biggest and mostly only problem ... only to see it has seen better days and needs ton more work then just that.
Having said all of that, the interior wasn't in too bad of shape, bit outdated, but pretty decent. Really the only major work might be the forward compartments, but even that should not be that difficult. Just the starting price point seems bit steep considering how much more cost one would have to do.
Enjoyed seeing this boat , like seeing even the fixer uppers
Main cabin:
Randi: This is where you see the shaft
Jordan: Tries to suppress a laugh...
Next shot, hmm interesting mirror angle there ;)
Pete Smith yes that was funny as moment
Trashy looking!!! If I was going to have someone coming to look at or video my vessel it would look like a bitch lived there, when actually it's me & 2dogs & I'm a man.I probably would have declined this showing
Great honest review but boy she was tired. So much was done not looking forward to it going back to sea, so much to undo and replace. Not sure if anyone will fall in love enough to throw the money at it. Andy UK
Boats like that often are free. Very few people restoring them vs the number out there. The glut of old boats at marinas totally abandoned is astounding. There’s gonna be a boat scrapping issue. I got an old Chris craft commander for free just to get the 427’s lol
perfect project at the right price.
Been watching it, but this is a good cautionary note. Buyer be aware. I think it has strong possibilities for deeper pockets.
Thanks good work
Thanks for the tour. Don't have anywhere near deep enough pockets and probably not going to live long enough to take that on. Definitely not near the price.
I would guess it is worth south of 30k, so much work needs to be done.
Nice boat does need a lot of work, would of been very nice in its day. Would cost a fortune to get back up to standard, thanks for showing us all
Well done.
While I appreciate your time in this nautical mission work: one thing all of your reviews lack that would be a good selling point for the owners: show the hull: It's bow; it's stern; it's profile from the water line. The general aesthetics of the hull design is even more captivating than the cabin.
Also wouldn't hurt to review actually interesting boats. That one catamaran they did was great fun to watch, but these boats are often just any other yacht :/
@@daylen577 Understood. To me, they're all interesting. Camera work is good. They're still young, you know. They'll grow as they gain experience. My father, Roger McAleer designed many yachts from the famous 24' "Raven," called "the first muscle car of sailboats" to "Indra 4: a 79' stainless Ketch. But I can tell you, bro. on the high seas my dad was strict in his commands. Kept you on your toes! :^)
Daylen : Yo, you don't like the video don't watch. Want to look at Mil. $ yachts go somewhere else. These two are doing a great job for no monetary reward. Someone should sponsor them. I think they do a fantastic job. Keep up the good work.
@@mikes2294 Daylen's OK. Reef the main.
@@mikes2294 of course they get paid, don't you know about Patreon?
My question is: where is their boat? instead of acting as sales people!
Nope, not for nearly $100k. Absolutely not. Considering the amount of money that it would take just to gut all the electronics, purchase new ones, and then install? That would cost more than the vessel is even worth, at least in its current state.
As soon as you said hit by lighting I thought "run" many boats have issues for years after lighting strikes unless you replace all the wiring and instruments. She a great boat other than the electric issues. Well I at least hope you drove around the area and enjoyed my neck of the woods, well used to live there back in sarasota for a long time now. : ) peace
So very sad to see what used to be a grand charter or cruiser for large family or groups, turned into a project that, most likely, will never be attempted! Price in no way reflects what really needs to be done in order to make her ready for anything!Thanks kids for sharing a realistic tour of this boat. Randy looking cute, as always!
she's a goner....sad...
Thumbs up for the stifled laugh when she said "access to the shaft".
It's not really that bad and can be fixed but like you said deep pockets, But I like something like it only maybe 20ft shorter that I could solo in. Your getting closer to what I'm looking for LOL
cable furling lines with dedicated winches were used in the old days.
Nice boat you found!
Worth rebuilding.
The electronics problem could be transformers that got taken out by the lightning strikes is a simple repair!
I'm not crazy about the main sails are nothing more than a big jib sail with is not good in a heavy storms
But all in all it's a good boat!
But I would not take a ocean cruise with it!
Even if you were an exceptionally skilled DIY person, with plenty of free time, and about $80K to spend in renovations, the price has to come way down.
She is a project boat for sure, and that must be reflected in the selling price, but if the underlying structure is solid this vessel has potential for the right person or couple. Given the Nauticals have a reputation for a solid build with two years and a hundred K or so (maybe more) you could have a very nice ocean cruiser.
I love the Ivana White gestures!
Bet that bimini leaks. I like how below looks beautiful wood
Dig a hole and plant it in concrete.....what a gorgeous lawn ornament with a club house for the neighbors and kids.
The rearl worth of your vids to me is being able to see so many different concepts of boats, that I have never seen before. So there is a lot to learn and this I do appreciate very much. I feel everybody has the chance on judging on their own. Do I like the concept, what might be poor, what is simply nice.
The other point is not necessarily what the boat is, but what it may become. Buying used boats, that is truly what it is all about. I do like your vids, I have learned much of it so far. And if you'd be earning money by that, well take it, there's no problem with me at all. People seam to sense the value in being their boat presented to a wide audience and it works. >>>So go on I love it
The boat broker's advert is like Tinder! She looks nothing like her pictures in real life. 😂
I wonder what it looked like new. It certainly has a lot of potential if you could get it cheap enough. I mean that could be a dream boat.
Click on the Yachtworld link, plenty of pictures of her in the heydays.
It has a lot of nice features and would be a great boat fixed up, but it's a huge undertaking, that's for sure.
Omg that old Dell computer lol Looks just like the inspiron 1501 I got in 2008
Actually really liked the boat. Needs a ton of work, and not for the faint of heart, but I could see someone getting boat-struck by it and bringing it back. Price would still need to drop.
Feel free to keep making videos of boats in this sort of condition.
Wow...big boat...think you guys can handle it?...I think you can...you have the passion....imagine the memories if you had yourselfs and a few good crewmates?....
Parabéns gatinha e amigo pelo lindo embarcação linda Deus abençoe você princesa e o amigo e este lindo barco
I am refuting a 42 ketch (forgot the name) would love to put the work on UA-cam, but not sure how to edit lol, but what camera did you use to get started
That price will have to come down a lot. There's much refitting and the re wiring for the electronics and re placing all the electronics and the re placing the generator. Far as the engine, my opinion it wont take much to get it running. But all in all the price has to come down. And if not then it'll stay a b&b. The bow will be fixed from the other boats insurance so it should be better than it was. I like the boat but im on a retirements income and my bockets aren't that deep lol. Yall are doing great job showing these boats. You know you need to go into restate boats. And plus the location where your at. Y'all would make enough money for y'alls repairs and plus survival back on the water. Maybe in a week or two im going down to Marathon. Im going to take a look at a sailboat down there. If all works out ill be staying down there for awhile
Way too much money considering you filmed a 53 foot pilot house ketch that was turn key ready to go for 75k.
Any mast furler main means no battens. How do you feel about that trade-off? If you remember to keep an eye on the weather, I don't see a need for roller reefing the main, I'd rather have the battens.
I like a boom furler myself, no problem with the Battens and reefing is a breeze.
Wouldn’t it be sweet if there was a tool you could use to estimate how much it might cost to bring that boat back to its former glory? 😁
Sailing Soulianis I have seen excel spreadsheets that calculate this for you, it has links to all the parts and services you need and coatings, it frightening to use even if you haven’t got a boat.
Right???
Did I miss the Excel update which allows max cell value of infinity? ...because this boat isn't coming back. :-)
Nope not sweet at all, that would take away me fun of designing me own spread (starting to get bored with all my old project spreads anyway). Sounds like a sales gimmick to me from some unknown couple :P
Hey Kirk & Lauren :)
@@kevinfisher1345 Caught red-handed!
You need to review some of the "craigslist" need to go boats.
End up getting mugged
gary s Why
@@svzigzag5898 Well, they have been showing very nice boats, but showing the junk that is out there would be nice as well.
Hahaha I heard you laugh when brandi said shaft...
asking price is about 75k overvalued
First! After looking at this vlog, I would honestly say it might take about 200K to really do a complete refit....looks like a decent boat tho.
You do it for much less than 200k I can assure you.
Nice boat actually, but as others have said, lots of money. But if you are handy, most of the cost is in personal time. I would start with rewiring, with protection from the next lightning strike in mind. This by itself does not cost a lot of money. A few grand in wire, etc. But time, woo hoo! I would go ahead and install AC/Heat next. A boat this heavy could do the high latitudes, so might as well get combined units. Lots of money, but again, do it yourself and the price comes down considerably. The motor is probably mechanically fine, but wiring again probably needs looked at. Canvas costs are going to add up as everything needs replaced. The rigging looked Ok, but it will need to be inspected. Boat damage again is mainly time and some hardware costs. I would save electronics for last. Why replace before it is needed. Hopefully cost will go down and capabilities (like wireless instruments) will improve over time. No doubt its going to get close to $100K before its ready for a circumnavigation. And here lies the real problem. Its a mono-hull in a world where the demand has diminished to almost nothing. There are lots of large mono-hulls rotting in boat yards and marinas. People are giving them away just to get rid of them. So even if the boat were free, is a 1980 mono-hull worth $100K. Perhaps if refurbished, but the buyers are going to be far and in-between.
Nailed it!
as much as the boat sale videos are interesting i really hope you get back to the DIY repairs to your boat soon
Not everyone is afraid of a little hard work and the boat isn't a total write off. someone will see the potential it has and fall in love with it and bring her back to her glory, i mean look at Mads on SailLife for example. He is completely rebuilding his boat and loves it! or Leo from the Sampson Co rebuilding the Tally Ho, same thing
If you guys are cruising in open sea --- you will be thrice-thankful for the covered bridge and conning area. A boat like a CAL 40 like I've driven may be a prettier boat but can be miserable by the third hour in the Catalina Channel in semi-bad weather in your windbreaker whilst drinking cold coffee. Fifty-foot-plus OAL boats are far too complicated for a review by you or me -- you got to have someone qualified to do a large boat survey. You guys might consider getting papers if you are thinking of driving something like this under any circumstances.
What brand was the boat? Really liked the potential of it.
It's a Nautical Development 56, I really like their lines and have done a fair bit of reading. They modified the architects original design a bit and he says some were built under ballasted. Two different layouts, an owners version and charter. This was a charter version modified to be more like the owners version with the engine room.
I speculate there is easily up to $200,000 to get this boat into shape. Sweat equity will not make a dent. Why would a Lehman not even run? New genset, new electronics, probably new wiring, new batteries and controls, interior rehab.......and what do you think is going on below the waterline?
The dislike was for the value as opposed to asking price of the boat. With the amount of work needed, this boat should only be worth about 20K. It looks like it was quite beautiful at one time, and it could accomodate quite a few people, but a proper refit would be almost impossible to live with.
The Irwin 52 was a good big boat
I thought boats got hit by lightning all the time, do the electronics have to be replaced every time?
I agree with there assessment, the price is high. Fixed up it would be a great boat but there are so many other things to consider, soft spots, sails through hull fittings and the list is literally endless. With a broken generator, fried electronics and motor that doesn't run I'm not even sure there'd even be much for a salvage value. Yep, price will come down.
How did lightning manage to fry everything?
We have a new boat classification...This is a non-movable house floating on water.
It's movable, just not under its own power. I'd buy something like this someday as a house boat but I'd be looking to pay more like $40,000. That said, the motor likely just needs an ECU, with only 300 hours on it, it wouldn't need a rebuild. Many of the electronics may be able to be repaired. The generator likely can be repaired. Stuff that could be investigated before you buy. I really like the size and floor plan as a house boat. I wouldn't want to cruise a boat that big.
Why not?
@@lordgarak Yea, Agree damage to engine probably not big. Given the age of the electronics, how the lightning blew them out (either the power cable or antennae), probably not worth while trying to fix them. With that big lightning rod in the middle of the boat, I would have had surge protectors everywhere. They aren't expensive.
@@lordgarak mechanical injection diesel, no ecu to worry about. Mechanical injection is great when working but when stuff isnt up to snuff it can be a bear. Someone with experience could have it going in less than a day I'm sure.
oh she moves!! We bought her and the engine runs great. She’ll be beautiful again soon. Nay sayers HA!
For almost 100K this boat is definitely not worth it. However, if the price were in the low to mid 20's and you purchased used or remaned electronics, it could be worth the time. As far as the boat itself, it's beautiful and could be made worth the money they are asking with the necessary repairs. (Yes I saw the bimini flaking off in your hand.) If you're a hands on restorer, like you guys, you could save a significant amount of money in sweat equity. But the cost could be astronomical if it's done professionally. My personal review of this boat is that its restoration will need time and deep pockets, but I really liked the layout of this boat.
Excellent video and I really liked the review of this boat. It really is a study in what NOT to buy if you're in a hurry to get out there sailing as soon as possible. But for the person that has the time and money, (think Tony Stark) it could be a project worth doing.
Storage is the most used word in all of these reviews!
Did someone finally take on the project or is she still available? I can see that there are many things in need of fixing but those are normal aspects of the age of the vessel and when things like the sails, running rigging and standing rigging were last updated. The most important issue I would need more info on is the hull and if there is any osmosis to speak of. Anyway, I'd offer the owner $25,000 to take it away and save him from his headache...Haha!
Is it still for sail
So basically a hole in the water as it floats?
Wow! Think of possibilities. 3 heads?? Layout needs to be optimized.
Look, its not for your average DIY fans. Even if a couple has a Bank of Grandma there are loads of sophistication in there. This is for an experienced couple with loads to invest.
All electronics zapped & needs replacement.
Engine is a non-starter and assumed DOA.
Water, holding, fuel tanks need to be checked. Just that alone I figure would be upwards of $150k+
And we haven't talked about battery banks, solar system, sails & rigging. Yaaa you're going to need an interior designer to re-do the whole yacht, minus that window a/c in the fore bunks. Good luck!!
I think you guys do a great job going through an explaining if I want to judge and I would say check out a UA-cam channel of SV delos they have some great videos of them just chilling out sailing the Caribbean and all that you guys check them out if you haven't already pretty cool
Love it, and I'm not a fan of a ketch. It looks to be a cutter ketch with the foresail and jib? That being said, I like the layout if put back original, and especially the engine-equipment room, oh my goodness, how perfect. I hate the changes made to the boat, and as you said, Jordan, it was sloppy at best. I would loved to see her profile and rigging from afar. Also, you moved a little too fast over the deck for me to scope in all of the rigging and such. More detail on wenches too, please. That boat had a fortune in wenches for sure. It was great this time how you pointed out the furling mainsail, I love a boom furler myself, but the behind the mast will do but can mess with battens. I know most folks want to see the interior, but I want to see how one is to sail the boat, and especially when it all tails back to the cockpit, so one doesn't have to crawl out to work the sheets and lines of the sails. The boats too big for me, but for a family it's ideal, you can sleep 6 in comfort, plus one can convert the table in the salon I'm sure. I 'm looking for something under 40-foot that's easier to sail by myself, and still trying to get my hands on a particular Endeavor 37. It's hell being a poor old man, LoL. Another great boat can't wait for the next. Happy Sailing ...
IF there were wenches there I'd certainly like more details. Probably explains the mirrors. ( Sorry Cajun, I just had to pipe up there :-) )
@@JustMe-pp1mp LMAO! I didn't even notice that, I have issues with UA-cam's I guess it is spell checker changing naval terms and such to something they think it should be. I normally check and edit after publish, but guess I missed it this time. I'm with you mate, bring on the wenches and beer!
What's the nautical term for POS?
98k for a 56' boat??? If the hull, deck, sails and engine are good.... it's worth it... if not, the price would have to come down.
But really, a boat like that you could go anywhere or just sell your house and live on it....
yea i agree with that type of money you could go get a bit smaller boat except it actually works
I'd tell you guys to put a reliable diesel in it, but if you want to save money, using electric is nice
Parbens lnda modelo você é toda boa
I dont really know the American boat market very well but sounds slightly dearer than what I'd pay for a boat with no electronics and an engine that doesn't run not to mention those hideous acs. Also think I'd prefer a more solid dodger/screen in front of the cockpit.
If you have skills it a very doable project. You must know what you are doing. Money pits are boats that need redo,s and you need pro,s to get it done. The interior looks good! Electrics? Engine?? Rigging? All no prob.
Is there any kind of protection against lightning strikes? Or you just take the chances. I would of loved to have seen this boat in it’s formal glory. I hope them luck on getting the asking price!
As far as I know, no real protection. There's a few systems that claim to protect against lightning strikes, but the reality is that the strength of the magnetic fields alone will fry some sensitive equipment.
If there is lightning around, the best thing you can do is disconnect everything. I've heard people say that they put sensitive electronics into a farraday cage and disconnect all the mast wiring, which does make sense to me.
Btw, I lived in a house that got struck by lightning twice. First strike (into the chimney), fried every bit of electronics and electrics in the house. Literally a full rewire of all the cables, light switches, kitchen, laundry, TV and so on. After that we put lightning rods in. Second lightning strike, some 20 years or so later, hit the lightning rods, blew off the corner of the house (literally, the bricks exploded), but no damage to anything inside - EXCEPT a tablet that was sitting somewhat close, inside, to the outside wire of the lightning rod.
Yes, there is, a nice piece of copper plate properly attached to the keel and the boat grounded adequately to it. Problem solved.
@@CajunWolffe I've heard that a few times, with all kinds of other suggestions too - and controversial reports on the efficacy. Based on my own experiences I think it very much depends on whether the strike can enter the electric system. Considering mast lights are wired in, I think that risk is still there. Disconnecting the mast wiring therefore does seem like a very good idea. The other concern is the sheer heat produced by a lightning strike. Those lightning strikes are super destructive.
@@wombatdk The plate of copper needs to be the right size for the boat and everything has to be properly grounded to this plate. Perhaps Jordan will pop up and let you know which Freebee video it was where he covered this topic.
Just to be clear the "Negative nellys"
want you 2 to be negative and give a negative report on a vessel that you spend 1hour on. It makes me sad that people like that, want all to be misery guts like them.
You 2 are happy peoplez, I like that.
Well said!
but they are right its a shit boat needs to be scrapped simple
@@janlul1211 They didn't say that, keep your facts straight. What they did say was it was a serious project for a person serious about taking it on. Anyone with the will and skills could refit that boat, it wouldn't be cheap, but if you did it all yourself a little here, a little there when you can, and can afford it, and before long one has themself a really nice boat. Boy, talk about a "negative nelly," you're a perfect example of Dean's definition.
The asking price is way too high for basically a "hull" with cosmetic interior appointments. Lightning stricken sailboats are akin to a pandora's box. With all the electronics "fried" along with the auxillary not running & who knows what a thorough survey will uncover. Unlesss someone acquires this for a "bargain" price & has deep pockets along with a lot of idle time there are better "values" on the market.
@@robertfrederick9061 I can agree with you on that for sure. No way I'd pay that asking price. Those Ford diesel are outstanding engines, but the oil filler cap looked to be off the valve cover. Hoping someone didn't run it out of oil, but the electric strike might have killed the motor kill relay to where it won't open when you go to start keeping the fuel off. The generator might have the same problem. The first thing is she needs to go on the hard; I bet that bottom is nasty and crusted up from apparently setting in that slip for some time. And I could go on.
So probably north of a 1/4 smill for a 50+ foot boat. Not out of the question but yeah. Worth shopping around for something more turnkey.
I always thought Parque flooring was late sixties.
This is actually a good boat. But the price should be around $20,000 for the amount of work it needs. In all honesty you would want modern electronics anyway. I'd strip it all out, install wifi, and use tablets for navigation. A newer autopilot would be needed for sailing the area especially doing charter.
Unfortunately, this boat will most likely stay tied up until she's ready to be broken up.
Yeah, I've seen that many times. People don't want to price appropriately and would rather see it rot until it has to be scrapped. I don't understand this line of reasoning.
nobody46820 I imagine this boat holds the bulk of the owners net worth. They need that amount to replace the house they sold to originally buy the boat.
@@nobody46820 . I do. I imagine the have much more invested. What people don't understand is evaluating Assets vs Liabilities. Many real estate ventures go sour the same way, as many things can tank property values.
@@SIC-SEMPER-TYRANNIS Makes sense.
What's the song in your outro
Once you go above 40 feet everything costs double or tripple. So even if you paid 1.00 for this beast,a proper refit to bring it to ocean crossing cruising condition would be over 200,000.00 then you would need about 75,000 a year to maintain it.not including marina fee or insurance. A 40 footer refit to same standard would be about 100,000.00 and cost about 20,000 a year to maintain. Obviously buying a boat that someone else has refit in the past few years is the only boat thats going to be possibly a good deal. For instance i have a 42 year old 37 foot tayana. I have spent 250,000 usd in the past 15 years. She is in perfect condition. If i had to sell i would be lucky to get 75,000.00 probobly less so my boat at 75,000 needs no refits for at least a decade. Now thats a good deal. But i just spent 75,000 last year alone. This is my forever boat so its just how it goes. But smart ,buy the boat with a recent refit done right. So that means boat is in as near new condition after refit. Just my 2 cents
Just out of my own curiosity, are your numbers based on you doing the work yourself or contracting it out?
@@christianriedel7017 everything myself except stainless steel fabrication. Rigging and chainplates. Sails.
Basicly what youre paying for is the gear. The boat haul out facilitys Just a new engine for a typical 40 footer will cost 15,000.00 if you hire it out its 30,000.00
I did everything on my boat escept the above. But i installed every thing on my own. On my boat i am on my second or third of everything .. refrigeration,sails,rigging,chainplates,diesel engine dingy ,outboards,autopilots,radars. All electronics if youre lucky get 10 years max. Diesels get 15,000 hours. Sails 13 years max.rigging 10 max.
Double costs of erything if you hire it out.
This is 30 years of diy
@@sailingsolo5290 thanks for taking the time to reply. I do all my own work too although the transition to sail from power has only been recent, my experience is on great lakes so my experience with the lifespan of components is much longer than in saltwater.
@@christianriedel7017 yea salt is the killer. And on a great lake while they can ocasionally be rough like a ocean they are not as demanding as 1,000 miles off shore.
Setting a boat up for offshore is way more expensive than setting one up for coastal and great lakes.
A mobile home with a hull or floating $$ pit???