Hi All,
I'm new to this forum and I'm seeking some advice in terms of maintenance cost on a 50 foot schooner we are thinking about purchasing. It has a steel hull and it is showing some signs of rust. The sails are also in need of replacing. Inside, the interior also looks like it needs some major TLC.
Although I sailed a a ot, I have never owned a boat before so I'm looking for some general guidance for the following costs:
1. get the boat out of the water for inspection.
2. a surveyor to go over the boat.
3. all new set of sails.
4. general overhaul of the exterior hull.
5. a refit inside the boat.
6. new rigging
7. other cost that may need consideration.
The boat is cheap but needs a lot of work.
Originally, we looked at better quality boats but figured if we replace everything with new, we know what we have as we are planning some blue-water trips in it.
Any advice will be appreciated.
Rene
I recently had my 42ft steel hull out of the water for a survey and anti foul. It cost me about $4200.
Once you find a yard that can handle the weight and length, I guess you would be paying around $6000 for slipping, anti foul, survey (the surveyors work on $ per foot).
Anodes will probably need replacing.
Sails could be anywhere around $20k - $30k mark.
Engine, electronics, power supplies etc etc.
Depending on if you are doing the work yourself - timeframe - standard you expect at the end etc etc you may be looking around $60k - probably more.
Too much is unknown about your prospective purchase - but I would do some serious homework before committing to anything.
If you think you want to investigate further (without committing at this stage), get it on the slip and have a survey done. A steel hull needs a thorough going over.
If you want to go sailing rather than spending your precious time (which will seem never ending sometimes) working on the boat, I would suggest you look at buying a yacht that has had all the work done. There's plenty of good quality yachts for sale on the web that just won't sell because there is an over supply of them. Look hard enough, be patient and you will find a good buy.
Good luck!
Select to expand quoteEZi said..
Hi All,
I'm new to this forum and I'm seeking some advice in terms of maintenance cost on a 50 foot schooner we are thinking about purchasing. It has a steel hull and it is showing some signs of rust. The sails are also in need of replacing. Inside, the interior also looks like it needs some major TLC.
Any advice will be appreciated.
Rene
The last three sentences in your first paragraph say:- DON'T BUY IT!!!!!!
If a steel yacht has "signs of rust", It is on the way out. Steel yachts can be great but you have to be on top of the rust ALL THE TIME!!!!
Concrete yachts are the same.
Questions:-
1. What sailing experience do you have??
2. What kind of sailing do you want to do??
3. Why do you want a "50 foot schooner"??
4. How many people do you think will trust you enough to go sailing with you??
Select to expand quoteEZi said..
Although I sailed a a ot, I have never owned a boat before so I'm looking for some general guidance for the following costs:
1. get the boat out of the water for inspection.
2. a surveyor to go over the boat.
3. all new set of sails.
4. general overhaul of the exterior hull.
5. a refit inside the boat.
6. new rigging
7. other cost that may need consideration.
Any advice will be appreciated.
Rene
In this part of your question I can see from 1 to 7 being an exponential increase of expenditure.
For a "50 foot schooner" assuming we are going to get it right so that no lives are endangered, the yacht is capable of being taken to and presented for sale in any port in the world and achieve a sale, I am thinking the expenditure could amount to the best part of $1,000,000.
Another assumption here is that the yacht's design has a heritage. If it is a Roberts, Boden, Boro, Colvin, Hartley design, forget about it. People want sexy designs from the French, Germans, Dutch or Italins these days.
Back to you.
We should start new topic " How cheap boats end up, or perhaps how much they cost "
I love boats needs TLC, but in most cases we talking complete overhaul .
Just put you in perspective , my boat Aquarius 23, lost mast by cyclon Marcia,
plus Genoa on furler , current insurance bill is $21k.
Still lots of TLC left, just happens to forget include the other damages
( trailer , main sail cover, ruder etc.) .
How TLC more likely complete overhaul stacks up in current market.
My advise from my experiences,
Purchace a good sized surveyed hull,deck ,engine and rig .......then add 20k to 30k on new battery's,solar,wind generators ,winches,toilets,TVs,stereos,anchor gear,Honda 2kva,outboard and tender,bilge pumps,wiring,safety gear, a cat and then go cruising and live your dream!
