Awesome feedback, everyone. I really appreciate it. I’ll see if I can get in touch with Cricket as well. If you see or know of anything promising, feel free to PM me.
Printable View
Awesome feedback, everyone. I really appreciate it. I’ll see if I can get in touch with Cricket as well. If you see or know of anything promising, feel free to PM me.
Where are you located?
For the right boat, I’m flexible, but perhaps the west coast is slightly easier for me.
I am Currently in the market for the same boat, let me know what you take a look at if you don't purchase it. I have a couple I want to see but can't really get to them right now with my better half.
The depreciation curve of any boat bottoms out at 20 years, if not sooner. Some boats, like these Hatts, were built well enough that depending on model their bare hull is worth $XX,000 regardless of age. Assuming said hull and interior is in halfway decent shape the value of the whole is loosely determined by how good the paint is, (50K to replace), the condition of the engines (60K to replace), generators (20K) AC's (20+K)and so on and so forth.... So you asses where all these components are in their lifecycle based on age and maintenance performed (or not).
You can almost do a spreadsheet on it.....
I do a pretty in-depth spreadsheet on every boat I've bought. Pretty amazing the insight you can gain by putting it all down on paper. That spreadsheet then becomes my maintenance log and parts list and punch-list once the boat is purchased.
I list pretty much every part I encounter on the boat with the actual real part number, description and a url/link to an online source for the part. So then when it's time to do maintenance or just pickup some spares I know EXACTLY what I need and don't have to rely on a parts counter guy for my info.
One of the big factors is the availability of insurance for these old boats. I’ve heard quite a few people saying they have gotten non renewal notices lately. Having to pay cash or leverage other assets is going to weigh heavily on the value. And it is a high risk asset that is always in danger of sinking fire or accidents. A few years ago decent 52c/s with 650 hp 92/s were around 100k with the HP ones in the 150-200 range. Later ones had cored hulls so that’s something to watch for.