77’ Aluminum Yacht for $125k

[DaveInRI]

Like a party game… would you rather have a new C-Dory 22 for $125k or this 77’ motor yacht for $125k


https://www.facebook.com/share/1BpgPnR1yx/?mibextid=wwXIfr

Obviously there’s fuel and storage costs etc., but you could use an Angler 16 as a tender

[thataway]

I had that fantisy when I was looking for a sailboat in the mid 1960's with a budget of $15,000. I saw that Endemyon a 75' M Class sloop initially owned by Donald Douglas was for sale. She had been rerigged as a cutter, then Schooner and finaly a ketch. Coming back from a Tahati race she was dis masted and the mast damaged the transom. She was for sale for $15,000. She had bronze frames, 2" thick mahogany planking secured by bronze bolts. I looked at her--draft was 11 feet (very iimiting), and the 75 foot LOA kept her out of many marinas. I then realized that the two gentemen who were selling her had been working on painting her hull and deck etc for 2 years, and not completeed the task. New spars and sails would be 10's of thousands of dollars, the mothly charge even back then was such that ti would have been about a thousand dollars a month to keep her in a slip with electricity and routine maintenance.

There are literaly hundreds of yachts and superyachts for sale at a bargain price...A million dollars had been spent in upgrades last year...and every year just to keep them afloat. Every once in a whie, a person or couple will come along who has the $$ or patience to keep these boats going, but they are hard to sell down the line. Running may require a crew--and thousands in fuel to do any cruising.

The fanitsy and the reality clash, and they are unafordable unless you have an extra few milion dollars and friends to help crew them. Can you imagine pulling up to a fuel dock and putting 7,000 of fuel at $5 a gallon. That would be $35,000 for fuel !!!

Now the 62' Nordhavn for $800K might be actually a better deal....That would only cost you around $25.000 a year to run and care for. Only 2850 Gallons of fuel and 6'5" of draft! That woud have room for a 16' angler on the fordeck.

[ssobol]