T.R | Title | User | Personal Name | Date | Lines |
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1894.1 | | WBC::RODENHISER | | Mon Jul 13 1992 12:13 | 14 |
| Check out a copy of Soundings and/or Offshore.
(Should be able to find these at most decent size newstands. Not far
from your work location is the "Paper Store" in the shopping center
at the end of I-290 in Hudson; at entrance to HLO plant.)
Most issues have a number of ads for repossessed/foreclosed boats.
Tonight I'll get you the phone numbers of several.
Plus, just the general ads in these same publications often have
(if you read between the lines) sellers in similar situations.
JR
|
1894.2 | Some pointers | WBC::RODENHISER | | Tue Jul 14 1992 09:56 | 50 |
| Here's a couple of places to check out:
Certified Sales Inc 508-478-0200
Rt 16, 19 Uxbridge Rd or Fla location
Mendon, MA 305-584-2500
Bank Repos & Rebuildables
=============================
Key Corp
Key Financial Services
Contact: Samuel A. Finelli, Jr 518-486-8645
66 S. Pearl St
Albany, NY
Repossessions - All Boats Must Go!
=====================================
New England Marine Recovery
Noank Shipyard 203-536-9686
Pearl ST
Noank, CT
Repos, Liquidations, Brokerage
====================================
Worldwide Yachts
350 Lincoln St (Rt 3A) 617-740-2628
Hingham, MA
The Banks Don't Want 'Em
So We've Got To Sell 'Em
======================================
Northeast Marine Liquidation 203-599-0123
Bank Repos - Power - Sail
=====================================
Federal Liquidators Inc
143 Southwest Cutoff 508-752-1474
Worcester, MA
Reposessions - All boats sold to high bid.
|
1894.3 | The hunt is half the fun... | FSOA::SLIEKER | | Tue Jul 14 1992 10:46 | 9 |
| Thanks for all the pointers once again John. I stopped by Certified
last night and the only decent boat they had was a really nice repo'd
1986 Catalina 36. Its a beautiful boat, well taken care of but the
bank won't take less than $35K for it and I'd like to keep down to
about $20K. Its amazing that the stink pots seem to out number the
real boats at least 10 to 1. They said they only get 7 or 8 decent
repos a year in there. Realistically something about 10 years old
and 30' or under is what I'll find, sure was nice checking that baby
out though.
|
1894.4 | Used Boat Boogie | MILKWY::WAGNER | Scott | Tue Jul 14 1992 11:58 | 8 |
|
The bank is dreaming.... unless the thing is immaculate/flawless.
Certified is a pretty funky place, all right. Their sailing expertise
is low, but I saw a racer there that had a VERY flexible, name-your
price. But it's like Building 19; you have to be there pretty often
to see what comes in. I saw some real handyman-special daysailors out
back too. Fun stuff.
Scott.
|
1894.5 | RE .4 | FSOA::SLIEKER | | Tue Jul 14 1992 12:55 | 23 |
| It might not be "the bank" that won't take $35 it might be them. Its
not clear whether the bank gives them a fixed fee or anything over
the outstanding loan they can recover. I suspect the later since
the bank can't legally keep anything over the loan plus liqudation
costs and these guys open bid until the bitter end. It certainly
wasn't flawless but was in good general condition for a 6 year old
boat. They told me the bank had turned down $33K BTW. The exterior
hull was in excellent condition but could use paint. The interior
was in good condition with no abuse or damage of any kind noted.
The motor, a three cylinder Universal Diesel was in surprizingly
clean condition. The stuffing box looked clean and felt solid.
The propshaft bearings had no play, either way, and felt solid.
the rudder post had about 1/4" inch of lateral play at 3 feet but
perhaps thats normal. Also the keel anchors had no radial stress
cracks or any other signs of fatigue evident. The deck was clean
with only the slightest hazing on the clear plexi. I didn't pull
the sails out of the bags but if they were anything like the rest
of the boat they were in good shape too. The price didn't seem
unreasonable compared to some of the prices I've seen yet you seem
surprized??? You think thats high for a decent 36??????
--Graham--
|
1894.6 | | WBC::RODENHISER | | Tue Jul 14 1992 16:21 | 19 |
| Re:
>MILKWY::WAGNER "Scott" 8 lines 14-JUL-1992
> -< Used Boat Boogie >-
>--------------------------------------------------------------------------
>
> The bank is dreaming.... unless the thing is immaculate/flawless.
^^^^^^^^
This is sort of academic as Graham has indicated that this boat is out
of his price range anyway, but do you have any real data on this?
Without a lot of research, the first four Catalina 36's (roughly same
age) I found in Soundings had ASKING prices of: $54K, $53.9K,
$64.9K and $57.5K. Haven't checked BUC but mid $30's didn't sound all
that bad to me.
JR
(Whether I'd want one is another story.)
|
1894.7 | The REPO DEPOT | AKOCOA::HAMEL_WHITE | Dreams For Sail | Wed Jul 15 1992 09:37 | 13 |
| Graham, you might want to call the REPO DEPOT in Kittery, ME. I go by
there often, and they seem to have many boats which appear to be in good
condition.
Was just by there last weekend, on the way to my own boat, and I noted that
they had no sailboats that day. They seemed to have only motor boats, but I
have previously seen sailboats there. Perhaps a call to them would be worth it.
Wish I had the phone number for you...
Carol
|
1894.8 | May I have this dance??? | FSOA::SLIEKER | | Wed Jul 15 1992 11:33 | 14 |
| Thanks for the lead but the story with the liquidators seems to be the
same, very few decent sail boats. Perhaps this is indicative of a more
conservative type of person who owns sail? They did say however that
come fall the repo business "picks up" if you'll excuse the expression.
I did find one in "soundings" that caught my eye down in New London
that I may take a look at. Perhaps John or anyone with the experience
can comment on the price. Its a 1981 Catalina 30' Good condition,
Universal Diesel but only 11 Hp,Hood mainsail, 150% Genoa (new in 92)
(O'Neil) Hood 110% lapper, spinnaker by O'Neil and dodger. Lots of
other options in the rigging and cabin. Loran (raytheon) VHF (horizon)
etc etc. They are asking $26.700. Since my budget is about 20 we may
be close enough to dance.
--Graham--
|
1894.9 | Not the 11hp version | LEDS::WARK | | Wed Jul 15 1992 18:59 | 13 |
|
I have Catalina 30 hull #17... A few thoughts
The 11 hp is grossly underpowered in anything other than a flat calm.
They were originally made with an Atomic 4, then the 11 hp, then 18 hp and now
23 hp diesels... I re-powered with a 25 hp Universal, and that's perhaps a bit
of overkill, but I had the room and the price difference wasn't that great...
Some model years have the hot water heater in the lazerette.. With
the engine in the main salon, that's quite a ways for the coolant to travel
to the heat exchanger...
26k for that boat sounds very high to me...
|
1894.10 | Old Boats | MAST::SCHUMANN | We've met the enemy, and he is us! | Wed Jul 15 1992 21:37 | 29 |
| As a point of reference:
I paid $17K for a 1973 CAL 2-29 last year. This boat is roughly equivalent
to the Catalina 30 in original purchase price, displacement , etc. I think
the price was fair, but not a steal.
If you're looking for a bargain, truly OLD boats are a good place to look.
However, you must expect to spend substantial money on improvements.
For example, I have replaced lifelines ($700), ports ($600), instruments
($700), and $many miscellaneous on the CAL since I bought it, and there is
plenty of stuff that still needs improving.
Note that old boats (>10 years) are very rarely repos, because most of them
are not mortgaged.
When looking at old boats, pay attention to the stuff that is NOT fiberglass,
e.g. the WOOD cores, lines, standing rigging, engine, etc.
By the way, I agree with Alan that bigger is not necessarily better. I would
suggest buying the smallest boat that will accommodate you and your cruising
companions in reasonable comfort. If you have additional money to spend, spend
it on quality and additional gear.
I have a 12 HP Farymann diesel. It's marginal. In a strong blow and chop, it
takes a combination of sail and power to stay off the lee shore. The Farymann
can't do it alone. When you're in this situation, you might wish for a 4 cyl
Perkins. You might even wish for an Atomic 4.
--RS
|
1894.11 | | FSOA::SLIEKER | | Thu Jul 16 1992 10:44 | 24 |
| Good advice. I definately would re-power, there's no substitute for
cubic inchs even when your primary power is sail. Does anyone know
whether a bigger engine (universal) can be dropped in with only
moving the mounts and a bigger propeller? Yes the price does sound
high. My insurance agent looked up the value and saw a high retail
of $22.2K. If I like it I'll offer $17.5 and be prepared to go to
$19k but no more. Maybe we'll sit this one out, but then again
maybe we'll Mamba. I assume the heater your talking about under
the lazarette is for dommestic HW. The spec sheet says it has
HW with 110VAC only. I assume this means no engine generated HW.
The minimum comfort we want wouldn't come in anything less than
27-30' so I'am looking at the minimum acceptable sizes. I like
the Catalinas looks and quality (for a coastal cruiser, a blue
water boat it isn't). Also with so many out there and still being
in business I should have minimum hassle when it comes time to
sell it. Do any of you have any particular things to look for
(faults) with boats 10-12 years old? I'll certainly have it
surveyed but I'll still go over it as thoroughly as possible
before I get that far. I appreciate all the good suggestions
and input from all you sea dogs out there.
--Graham--
|
1894.12 | a different opinion | UNIFIX::BERENS | Alan Berens | Thu Jul 16 1992 13:42 | 17 |
| re .11:
Well, I am not sure a bigger engine is necessarily better. There is a
tradeoff to be made. Much horsepower is needed to turn a large
propeller, and horsepower requires fuel. The drag of a large
(non-feathering) propeller seriously reduces sailing performance. The
displacement of our 32' cutter is about 12000 pounds. Based on fuel
consumption of about 0.5 gallon per hour, our 25 hp diesel is actually
only making about 8 hp at a cruising speed of 5.7 kts, well below hull
speed. (If I wanted to get places faster, I'd buy a trawler.) This gives
us a range under power of maybe 500 miles. Since our boat is very stiff,
sailing to weather in strong winds is quite possible, so that powering
off a lee shore is not something I worry much about or would even
consider doing. When our engine needs replacement, I will not look for a
bigger one.
Alan
|
1894.13 | go for the bigger engine! | HPSRAD::HOWARTH | | Thu Jul 16 1992 14:32 | 30 |
| Re:.12
I normally find myself in agreement with Alan's comments, but not
this time. I own a 30' Hunter (79) that has a published
displacement of 10,000# originally powered with a 12 HP
Yanmar diesel. I have added much to the boat, including heavy
batteries that must add at least another 1000# to the total
displacement; I have had to move the water line higher.
The engine ran reliably well for 11 years but was
grossly underpowered. I can tell of horror stories trying to fight
my way through Woods Hole or just trying to power against a
strong wind and tide. The top speed of the boat with no wind was
about 6 knots but with wind and waves, try 2.5 knots! When it
gets sh---- out there and one wants to get into port, its nice
have the horse power to make it happen.
Last year I repowered with a 20 HP Universal made by Kubota.
That engine powers a 14" 3 bladed prop and I can almost make the
boat plane. I can push my way through situations when necessary,
that I would never attempt with the 12 HP originally installed.
Because I don't race the boat, I don't care about the penalty
paid with the prop. I sail Buzzards Bay and the wind is
plentiful during most times driving the boat to over 6 knots.
As to fuel, I recognize that the larger engine burns more but I
only burned about 20 gallons all of last season. I highly
recommend a larger engine.
Joe
|
1894.14 | | FSOA::SLIEKER | | Thu Jul 16 1992 15:29 | 10 |
| I certainly understand Alans point, however the larger engine is for
the times when you NEED it not all the time. I'd feel alot better
knowing that the power is there when I need it. :^) Of course if
I really wanted power I'd drop in a Jimmy 6-71 with a Garrett
turbocharger and a jet drive but thats another discussion I think :^)
As Joe says, you don't want to be out there when the weather turns
ugly and you can only make 2 kts against the tide. I'd consider it
a safety feature more than anything else. One of the boats I'am
looking at is 10,200 with 11 HP and another is an 85 27' with
what they claim is a 17HP, probably adequate.
|
1894.15 | one problem, many solutions | UNIFIX::BERENS | Alan Berens | Thu Jul 16 1992 18:30 | 16 |
| re .last few:
Ah, once again we have a situation where there is no single "correct"
answer. We have almost never sailed in areas of strong currents and have
found that we can sail to weather far, far more comfortably than we can
motor to weather (and as quickly) in anything other than a flat calm.
Other boats with other engines obviously behave differently. I prefer
not to sacrifice sailing performance by having a larger propeller
(Practical Sailor estimates that a three-blade propeller can cost a knot
in light winds, as I recall). We also prefer not to sacrifice range
under power simply to go a little faster.
What's important is to recognize that there are multiple answers and to
be able to choose the solution that is best for your sailing.
Alan
|
1894.16 | | FSOA::SLIEKER | | Fri Jul 17 1992 11:32 | 20 |
| You absolutely correct Alan. I'am more concerned about being caught in
currents without wind than sailing to the weather to get out of a jam.
A larger engine doesn't necessarily mean increased fuel consumption.
The fuel used is controlled by the power developed. A 20 HP motor
throttled to 8 Hp is going to use about the same amount as a 12HP
developing 8 HP. One thought about prop drag is to use a folding
prop. The reverse thurst would be limited by the centrifugal force
trying to deploy the blades, I imagine I'd get some thrust though.
Anybody ever used a folding screw? More "expert" commentary requested
on types. A broker called the other day offering a 1984 Sovereign 28.
A center cockpit rig with all the ammenities I want. It has a BMW 12HP
Sea water cooled motor????? It has a shoal keel, most of the sails are
original (84) and it has full electronics and is supposedly in good/
excellent condition. The asking is $25K but the broker assures me
high teens would not be unreasonable. He says its constuction is
slightly above a Catalina and equal to a Pearson. The thing that
bothers me is that I've never heard of this make before. He says
they were in production for about 20 years and went under in the
squeeze of 88. I'am going to take a look at it this weekend but
personal experiences or other input would be appreciated.
|