Boat sales?

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Discussion

Roverload

Original Poster:

850 posts

137 months

Wednesday 23rd April 2014
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So things between my pride and joy and I have become a little strained,

Exhibit A :

(Looks a lot better now)

It always been a dream to have a boat on the helford, I thought I was going to have to wait till my 50's for it to come true, yet at the age of 27 here we are, I'll be honest, it's financially hard, £116 per month to store and when I'm on less than £280 per week with 3 mouths to feed and 2 cars it's achievable but harsh, I love it to bits but it's slowly dawning on me what a mammoth task this is, the actual work isn't the problem, time is, and the cost when finished, mooring is much the same as the yard, and I have no idea what 2 2.5 l BMC diesels is going to drink fuel wise, it's probably worth around £2.5k as it sits, has anyone here had much experience with wheeler dealing their way to a better boat, I.e. Buying and selling for a profit? If so what do I look out for? Do certain class of boats sell better than others? Or do I not bother, just continue as I am? Or sell and save and pray the mrs doesn't find my secret boat bank account? Any advice or experiences would be most appreciated!

Ian

Roverload

Original Poster:

850 posts

137 months

Thursday 24th April 2014
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Well, originally I was going to live on it, it will happen one day, I'd planned on doing the work whilst living aboard, it looks worse than it is in that picture, that's when it was completely stripped down, the hull is still in primer but the rest of it is pretty much sorted bar a couple of jobs, and the wiring. It seems easier to sell a project than a complete boat, I advertised it on the weekend for 2.5k and just got an email from a chap who wants to view at the weekend, I potentially have another boat lined up, it's a bit of a project but nowhere near as vast, similar in size but it's on a trailer and complete, just needs cleaning and tarting up. I'll get some pics of it during the week.

Roverload

Original Poster:

850 posts

137 months

Saturday 26th April 2014
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Ok, so bit of an update, put my boat on gumtree for 2.5k, I paid 2k spent about 800 all in all including sandpaper, the odd tool, face masks and all the materials and parts I bought so far, also 1.5 years ground rent @ £115 PCM. Arguably a big loss but I don't count rent, just sold it for the asking price just over a week after advertising it! Found this!











Engine is a 2.0 Volvo, starts and wins well, only thing that's not working is a morse cable, she's got all the kit right down to fenders and flares! Trailer needs 2 tyres (braked twin axle). Other than that it's just rough round the edges, will clean up really nice, interior is the biggest job.....£3k ! It's on a trailer so storeage at my gaff is free, and I'll have more time for it because it'll be at my place! Somebody pinch me!

Roverload

Original Poster:

850 posts

137 months

Monday 28th April 2014
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I find refitting extremely therapeutic and bloody rewarding, there's another boat to throw into the mix now, hillyard 2.5 ton, 1951, 19ft all wood, stunning! Now I can't decide, upside is the hill yards actually completely solid and requires very little (for now). So I can be in the water this summer. Nice little boat to learn to sail in?



Just to say, I'm not shy of the work, got a lot of knowledgable folk behind me too whenever I need a bit of advice or help. So I am going into this with my eyes open, projects and big jobs don't scare me.

Roverload

Original Poster:

850 posts

137 months

Monday 28th April 2014
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TTwiggy said:
OP - you're a lunatic! smile
Thanks! biggrin

Roverload

Original Poster:

850 posts

137 months

Monday 28th April 2014
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That is stunning, no open sea for this little minow I'm afraid, ideal for around Falmouth but nowhere near as durable as that!

Roverload

Original Poster:

850 posts

137 months

Tuesday 29th April 2014
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Well, she was originally fitte with this engine from new, but by the time the guy bought it, it was fitted with a 4.0 GM motor, you noticed some of the remnants of that motor, I had a look round the wooden one today, seriously beautiful bit of kit, but I'd be lieing if I didn't say it was all a bit overwhelming, so much to learn, absolutely stunning to behold and clearly very well taken care of, I want it badly but I don't foresee a happy ending, so at the moment obsession looks like the logical purchase, it's all a bit plastic though. Cruddy name also!