Money

A quick question…

Let’s say you want to buy a Westsail 32… Let’s say you study the market and see that you can buy a pretty exceptional turnkey example of the design for $50K and a mostly turnkey example fo $30K that might need a bit (around $5K or so) of TLC. So, what do you do? Buy …

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A little insanity…

Looking at some boat ads this morning I found this bit of craziness… $28,000 its a steal at this price; spent 62,000 on it Refering to a 35 year old Hunter 37 for sale. The thing is, I see people pouring copious amounts of money into boats in ways that don’t make any kind of …

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Creative finance…

Yesterday, Dmitri Orlov (whose blog and books you really should be reading) asked for some help in replacing the engine in his boat. It got me thinking… There are many ways to raise the needful cash to get a boat and go cruising other than the standard one of being born to a well-off family …

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About the cheap thang…

Here’s a point that seems to have escaped a few readers comprehension…  the VolksCruiser thing is not really about cheap. The idea is not about getting a “cheap” boat and go sailing off into the sunset/sunrise but to point out that it is possible to sail a good boat anywhere you care to go in …

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Keeping it simple/cheap…

Face it, the hardest part of doing the VolksCruiser thing is really about focus. It’s easy to get distracted. Pick up any sailing magazine, visit a cruising forum, or dock walk just about any marina and you’ll be inundated with a staggering amount of pressure to conform and purchase shiny things you don’t really need …

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the big problem…

There’s a guy who writes from time to time wanting my opinion on various boats he’s considering and, to be honest, I quite look forward to his emails because he has a good eye for boats but avoids being stuck in a rut. You might say he’s all over the place and not the same …

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dollars and cents…

Have you ever noticed the difference in reaction you get when you talk about how little you spend on boat stuff rather than how much? I don’t know about you but the obsession with money as a measure of utility, value, or quality really gets up my nose… On the other side of the coin, …

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Because, if you’re smart, a used boat rehab project is not a hole in the water…

I came across this in a boat classified yesterday… This is a beautifully restored 1973 GulfStar 41 that has 130k invested in it. Have receipts. Selling for 60K obo. So, let’s say the boat is actually worth $60K (though I have my doubts having seen quite a few Gulfstar 41s in good/great shape for a …

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