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Old 08-16-2013, 09:09 PM   #1
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Default Buy an old boat or an X Charter boat in the BVI

What do you think of buying an old boat? I am in Portland Oregon and some boats for sale go back into the sixties. Some boat ads don't even show the year it was built and you have to dig into it to find out.

Unless the boat has had a complete upgrade all the wiring and plumbing will be thirty or forty years old. I know how it is on old houses and old cars where every bolt and every screw is a major problem just to get it out.

I am looking at buying an X charter boat in the British Virgin Islands. A 2007 50 foot Beneteau Oceanis M500 asking price is $119k. In Oregon you can get a 30 or 40 year old boat for that money.

The charter boats have 3 or 4 cabins each with a head but thats not a problem with me. There is the cost of flying to the BVI and sailing home but I might as well stay down there in the Islands and play for a while.

It just doesn't make sense to pay the same money for a 40 or even 50 year old boat.
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Old 08-17-2013, 01:26 AM   #2
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Hi. It is a truism that you get what you pay for. A Beneteau Oceanis, from 2007, at $119k is indeed a tempting buy and would appear to be under priced by a huge margin if the boat is in fair condition.

The only boat which comes close that I can find on the web is coincidentally also for sale in the BVI and is the same price. I guess it may be the same craft. It is however 24 years old. Even so, the price is reasonable for such a boat as long as it is in fair condition.

A 50' Benny is a lot of boat. The usual checks on rig and sails, hull and deck integrity, deck hardware, engine, water, electrical systems, hydraulics and nav gear need to be carried out bearing in mind that this particular boat has not been subject to a charter fleet maintenance regime for 20 years.

Either way it seems you are on the path toward a future afloat. Best of luck and please keep us posted on your progress.
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Old 08-18-2013, 09:21 PM   #3
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What do you want to do with the boat? Is it 50' or nothing?

There is not a 40 year old boat afloat in Portland that has not had continuous maintenance and upgrades. It would not a be afloat. If it was still afloat, you would not want to step onboard.

I have chartered in the BVI's twice. You could not give me some of those boats. Auzee, looks death in the eye and laughs, that is why he sails a Beneteau. That is a joke Auzee, just so you know and don't get your hackles up.

We were recently In the PNW market for a boat to cruise with. I subscribe to the theory that the cost to keep a larger boat is exponential, not linear. We looked at a nice Pretorian 35 for $76,000. There are a lot of them going around the world. WE ended up with 1990 35' Island Packet out of Anacortes, for less than what you are talking about. It came with all the gear, 2 dingys, $2,800 worth of Yanmar spare parts, Offshore harness and lines, galley gear, and a new bow thruster, all for less what you are talking about. The boat was owned by people who could afford to maintain it, and they did.

If you are going to stay on the Columbia River and away from the Bar, buy a Mac 25 and go sail. If you are going to go somewhere, get a decent boat. They are out there.

DW, Ballard, WA
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Old 08-19-2013, 02:09 AM   #4
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I want to cruise the Bahamas and the Virgin Islands so a boat on the east coast is worth about $4000 dollars more to me because that's about what it costs to go through the Panama canal.

Rio Dulce looks like fun.
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Old 08-19-2013, 06:01 PM   #5
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Are you going to live aboard in the Caribbean? If not how many weeks a year on the Boat?

DW
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Old 08-19-2013, 06:56 PM   #6
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Are you going to live aboard in the Caribbean? If not how many weeks a year on the Boat?

DW
I plan on living aboard starting in the Caribbean and then after that gets boring go south. I would like to go to the Falkland Islands and then go around the horn. That's like the Mount Everest of sailing. I don't have a job.
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Old 08-19-2013, 10:32 PM   #7
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When do you think you will wake up?

If the $4,000 for the Panama canal has you perplexed, you have not even considered the equation.

DW
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Old 08-19-2013, 11:22 PM   #8
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When do you think you will wake up?

If the $4,000 for the Panama canal has you perplexed, you have not even considered the equation.

DW
Touche ouch you are starting to get nasty have you been taking all your meds?
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Old 08-21-2013, 05:42 AM   #9
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Hi there.

If you're in the PNW, you're in a great place to find a good boat and start your trip from there. If not working, you can go anywhere for your boat purchase. Consider the nearby places where cruising boats have been stored and cruising dreams have died.

Are you already a sailor? If not, going the "wrong way" around Cape Horn seems a bit much. You could vacate the Caribbean once bored, via the Panama Canal and explore the Pacific before deciding you need to round Cape Horn you know. All winds blow from the Caribbean islands TO the Panama Canal. Good reason to go E to W there.

Fair winds,
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Old 08-21-2013, 02:45 PM   #10
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Hi there.

If you're in the PNW, you're in a great place to find a good boat and start your trip from there. If not working, you can go anywhere for your boat purchase. Consider the nearby places where cruising boats have been stored and cruising dreams have died.

Are you already a sailor? If not, going the "wrong way" around Cape Horn seems a bit much. You could vacate the Caribbean once bored, via the Panama Canal and explore the Pacific before deciding you need to round Cape Horn you know. All winds blow from the Caribbean islands TO the Panama Canal. Good reason to go E to W there.

Fair winds,
Have you crossed the cape horn?
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Old 08-21-2013, 06:04 PM   #11
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Nope.
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Old 08-22-2013, 02:35 PM   #12
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Nope.
Are you still sailing the pre-war wood boat that you wrote about? To sail what you call the wrong way around the cape you need a boat that points good to the wind. Does your boat sail good windward?
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Old 08-22-2013, 02:48 PM   #13
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Here is a wood boat that will make you smile.
Classic Sailboat - Kettenburg 38


It almost looks like a toy.

This boat will turn heads at any dock.
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Old 08-22-2013, 05:54 PM   #14
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Love the classics. The Kettenburg looks as though it could have come from the same mould as mine. Although mine is dutch built in steel.
Cruiser Log World Cruising & Sailing Forums - Auzzee's Album: Sandettie - Picture
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