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 | | From: | AuntieSpam | | Subject: | Buying a 1976 Columbia 9.6 | | Date: | Sat, 18 Dec 2004 04:48:05 GMT |
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 | I'm looking for some real advice from experienced sailboat owners. I
found a 1976 Columbia 9.6 and I need to know how I should calculate a
fair offer. Here are the details:
It's 32 feet LOA with 10.2 beam and the hull is sound, but I found a few
voids in the deck (did not show up in the survey). Delam at both genoa
tracks and a bit of rot near the forepeak. Also, this boat is bare. I
mean it doesn't even have a vhf, knot or depth meters, does not have a
propane system for the galley or even a stove. No auto bilge pump, etc.
You get the picture. The only thing it does have is a 27hp Yanmar and
a spinnaker... which brings me to another point -- all the sails are in
poor, but usable condition (as per a recent survey).
The teak interior layout isn't the standard settee configuration. It
looks more like it was designed for sleeping (coastal racing?) with full
berths port and starboard (no quarter berth), though there is a fold
down table. The short and simple of it is that it needs a complete
refit, and I mean complete!
Here's the figuring that I've done using Canadian west coast prices:
CG approved propane system with locker and two burner stove with oven -
$2,300
Compass - VHF - knot & depth meters - $1,500
12000 BTU heater - $800
Running rigging (without Halyards) - $400
Stanchion - $60
Battery charger - $300
Boarding Ladder - $250
Decent used sails (main, spinnaker, gen, jib) - $3500?
Deck repair - $3,000
Dodger (the kind that lasts longer than a season and is worth putting
holes in the deck to install) - $3000
You'll notice I haven't included a dinghy, CG safety equipment,
rewiring, or other incidentals. The refit could easily total $20,000
when all is said and done and I still wouldn't have furling.
Viewing the immediate cash outlay after the purchase (did I miss
something in my list?), how should it be considered in the deal? Take
the fair market price and deduct the refit by 100% or by what
percentage? He was asking US$16,500, which I initially thought was fair
if standard equipment came with it. He went down to US$14k, but I
thought US$10k max. What I'm actually thinking is that I might not
actually know what I'm getting myself into and that maybe I should offer
a few thousand and walk away if he doesn't accept.
The question is: in view of the situation, what do you guys feel would
be a good purchase price for the boat?
Obviously, I like the boat or I would have walked away already, but
then, I'm a sailor, I like all boats. Any help, advice, or
clarification of the situation is greatly appreciated.
Thanks in advance.
--
AuntieSpam
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| | From: | Don White | | Subject: | Re: Buying a 1976 Columbia 9.6 | | Date: | Sat, 18 Dec 2004 15:07:25 GMT |
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"AuntieSpam" wrote in message
news:9EOwd.2757$nN6.1027@edtnps84...
> I'm looking for some real advice from experienced sailboat owners. I
> found a 1976 Columbia 9.6 and I need to know how I should calculate a
> fair offer. Here are the details:
>
snip
Sounds like it was 'rode hard & put away wet'.
I went through a similar dilemma this spring on a smaller boat and decided
that I would rather pay slightly above average for a 'cream puff' condition
boat , than buy a cheap fixer upper and be stuck with who knows what.
Others I talked to were more energetic and loved to work on boats.
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| | From: | AuntieSpam | | Subject: | Re: Buying a 1976 Columbia 9.6 | | Date: | Sat, 18 Dec 2004 23:42:05 GMT |
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| Don White wrote:
> "AuntieSpam" wrote in message
> news:9EOwd.2757$nN6.1027@edtnps84...
>
>>I'm looking for some real advice from experienced sailboat owners. I
>>found a 1976 Columbia 9.6 and I need to know how I should calculate a
>>fair offer. Here are the details:
>>
>
> snip
>
> Sounds like it was 'rode hard & put away wet'.
> I went through a similar dilemma this spring on a smaller boat and decided
> that I would rather pay slightly above average for a 'cream puff' condition
> boat , than buy a cheap fixer upper and be stuck with who knows what.
> Others I talked to were more energetic and loved to work on boats.
====
Thanks, Don. The more I think about it, the more I think I should just
walk away from this one. It hurts, but I don't want to be the one
paying for the refit... unless the price of the boat comes way, way down :)
--
AuntieSpam
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| | From: | Terry | | Subject: | Re: Buying a 1976 Columbia 9.6 | | Date: | Sat, 18 Dec 2004 21:23:20 -0330 |
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"AuntieSpam" wrote in message
news:hf3xd.3567$nN6.549@edtnps84...
> >>I'm looking for some real advice from experienced sailboat owners. I
> >>found a 1976 Columbia 9.6 and I need to know how I should calculate a
> >>fair offer. Here are the details:
> >>
> > snip
> >
> > Sounds like it was 'rode hard & put away wet'.
> > I went through a similar dilemma this spring on a smaller boat and
decided
> > that I would rather pay slightly above average for a 'cream puff'
condition
> > boat , than buy a cheap fixer upper and be stuck with who knows what.
> > Others I talked to were more energetic and loved to work on boats.
> ====
> Thanks, Don. The more I think about it, the more I think I should just
> walk away from this one. It hurts, but I don't want to be the one
> paying for the refit... unless the price of the boat comes way, way down
:)
>
> AuntieSpam
In a similar position. Have a 1970s 26 foot Westerly.
Needs quite a lot of work. Several hundred hours probably?
It's been stored alongside this house for years, due to early retirement,
family business commitments and wife's death.
But I already own it! So time and money to be spent will put boat back in
working condition and restore lost value.
From sound of it your best decision may be to walk away from the one you
describe!
Good luck. Terry.
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| | From: | AuntieSpam | | Subject: | Re: Buying a 1976 Columbia 9.6 | | Date: | Sun, 19 Dec 2004 01:28:45 GMT |
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| Terry wrote:
>
> In a similar position. Have a 1970s 26 foot Westerly.
> Needs quite a lot of work. Several hundred hours probably?
> It's been stored alongside this house for years, due to early retirement,
> family business commitments and wife's death.
> But I already own it! So time and money to be spent will put boat back in
> working condition and restore lost value.
> From sound of it your best decision may be to walk away from the one you
> describe!
> Good luck. Terry.
====
Yes, I think current ownership is the difference. I would certainly do
the refit if I already owned her, but the purchase makes it a tough
decision.
I'm sorry to hear about your wife. In itself reason enough for having
held off working on your boat. The Westerly is a good boat and I'm sure
you'll be happy with her once she's back in the water. Good luck and
happy sailing.
--
AuntieSpam
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