We've all seen that "sail away, no more to pay" on the adverts.
But how true is it?
In your experience, how much more do you have to lay out in order to get the boat you hoped you were buying?
I'm not thinking of project boats or the usual slip, antifoul, insurance etc stuff.
To kick off, I reckon my 28" will be about $9k to go from purchase to coastal cruising.
Not that the jobs are all finished - are they ever?
Cheers
Bristol
I don't think it has anything to do with the condition of the boat. It means no more, taxs, commissions or expenses relating to the saie.
Not 100% sure if this is relevant, but I always advise that to maintain the boat will be about 10-15% of the real price of the boat.
Not the sale price. You can pickup a really cheap ex IOR 40' boat for under 50k but it will cost you 20k to maintain a year (based on a real price of 200K which would be build cost). Insurance, mooring, the odd piece of new gear and regular servicing. You can run a really tight budget for quite a few years (many do) but eventually you have to pay the piper!
For a start you would want to pay for insurance before you sailed the boat anywhere, but my understanding of the phrase is that no Government charges would be added, as these charges had already been calculated into the price, also I think you will find that if you want to pay less for the boat than the advertised price then the Government charges would once again be added into the negotiations, I could be wrong about that but that is my understanding of the phrase.
it costs me about $7000 to do a Gladstone race thats just replace all relevant safety gear thats out of date check and replace necessary rigging detail every thing have sails in for a check at sail makers(though this is done very cheap as i buy all my sails there an advantage of buying sails locally ) quick bottom job this is me doing everything and owning the slipway
this is the minimum i would do to go on a cruise of any length on a well maintained yacht of 37 foot this doesn't include doing varnish work or topsides so would be applicable to most plastic boats or steel boats in good condition
