DO NOT BUY A BOAT UNLESS YOU HAVE DEEP POCKETS FOR COSTLY REPAIRS, IF NEEDED.
Oct 15 '00 Write an essay on this topic.
My husband and I purchased a 26' sailboat a few months ago. Well, we should have listen to what we were told. This was our first sailboat and everyone in the marine industry that we talked to said that if we spent less than at least $20,000.00 on a used boat, we would probably spend more than that getting it "sea-worthy". Well, they were right! We got a good deal on a boat from someone who had wrecked it and after receiving a large insurance settlement and not having to turn in the boat decided to sell it for whatever they could get for it. My husband, whom had built Ferrari kit cars in the past felt that he could do the fiberglass work to repair the small hole in the side of the boat himself (which was above water level anyway) and we would have a good size boat for a great price. Well, we were very wrong and should have listen to everyone else. EVERYTHING on a boat costs several times as much as anything on a car or anything else and this boat needed more work than we thought. Marine products are extremely costly and after having to buy special stainless steel screws, very costly bottom paint, marine plywood, special fiberglass adhesive and many other things, we could have bought a fairly new Hunter (my favorite sailboat) that needed no repairs for what we have invested in this heap of junk that is still not close to being in the water months later and is collecting leaves in our driveway now that, needless to say, my husband has started on a new Ferrari kit and has given up on this boat. So, if you are looking for a project boat, I have a great one for you!
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