[C38] Sell boat or spend for improvements

[david at dlrfilms.com]

Mark --

Save the money for the wheel. A tiller sails better and leaves more room
in the cockpit.

This also rules out the other boat.

Problem solved.

> Mark, sounds like you already have the perfect boat, seaworthy, beautiful
> and lots and lots of projects to keep you happy and occupied for years to
> come?  So why sell?  If you had a boat that didnt need any work whats the
> fun in that?
>
> Steve
>
> ________________________________
>
> From: listserve-bounces at catalina38.org on behalf of Mark Lewis
> Sent: Wed 11/16/2011 4:03 PM
> To: 'Catalina 38 Listserve'
> Subject: Re: [C38] Sell boat or spend for improvements
>
>
>
> OK, the rookie is also a rabble-rouser (sp?).  I suspect I purchased the
> lowest priced Catalina 38 ever.   Less than $15k.  1978, tiller, nothing
> worked on the boat when I bought it.  Water leaks fouled electrical panel
> and half of the toggels were rusted.  Battery charger installed in hanging
> locker, shore power connection didn't work, so an extension cord was run
> through the head hatch to keep batteries topped off.  Engine (Westerbeke
> 33) needed $1800 worth of work to get waterpump and impellor going for sea
> trial (seller wanted me to pay half; I passed as I made my offer assuming
> the engine ran).  Project boat...u get the pic?
>
>
>
> Longer story shorter; I am proud owner of hull #6.  Here is my $10,000
> question:  My punch list of improvements (half for wheel steering and
> dodger) is $10k. I budgeted $3k for Edson parts for wheel, but may buy
> used for $500.  $10k could be $7.5k.  Sailed my boat to Catalina Island
> (25 miles off shore) twice, and I love it!  U may have seen my earlier
> punch list.  Half of my 24 repairs could be made for $600 total, but lots
> of self-labor love.
>
>
>
> My selling broker (Long Beach Yacht Sales) has a 1984 Jeanneau 37 (mine is
> hull #6, 1978) that is a bank repo reduced to $26K.  Has wheel, dodger,
> windlass, Perkins deisel, etc... Have reason to believe I could buy for
> less (has accepted offer for less). Still needs lots of brightwork, but
> more labor than material.  Bottom line:  if I sold my 38 for what I paid
> (it now runs and most things work), and added $10k, I could likely buy
> newer boat without labor and aggrevation to improve Cat38.  If not this
> boat, other FSBO's could be available.  Advice?  Heresy? Would promise to
> be like Tom T...  alumni with mounting experience!
>
>
>
> From: listserve-bounces at catalina38.org
> [mailto:listserve-bounces at catalina38.org] On Behalf Of 1derful at comcast.net
> Sent: Friday, November 11, 2011 2:54 PM
> To: listserve at catalina38.org
> Subject: [C38] Quadrant
>
>
>
> I believe someone recently posted a note that they knew where to find one.
>  Remember
>
> Patrick
>
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