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1968 41' converted sport Hatteras?

S

Silverado6x6

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Hello this is my very first post here and I stumbled on this site totally by accident. Anyway I am considering a buy of this boat, its currently moored in Key West, called "Nomad" owned by Neil Dundas, he is asking $25,000 at $10k down and he will finance the rest with zero interest at $500 a month. I have worked on boats, I have 30 years background as a mechanic and heck I even hold A Detroit Diesel 71 series tune-up certificate. He says it needs some interior touchup work, its basically sound but I am in Alaska, I manage a concrete batch plant and my work is seasonal. Should I commit to buying this unseen from afar? He also does work in the Bering Sea up here and lives in Florida in the winter which is my goal, I'm 51, getting older and colder and its been my lifelong dream to have a big boat, I know nothing of sailing and have no strong desire to cruise the world as yet, for the see-able future I would be happy to stay at dock, do some "improvements" cause I am highly skilled as a fabricator and a fair carpenter, I know fiberglass and very very good at electrical.

I am asking for any advice, should I jump at this because its a Hats? because its a good price? should I actually go bigger instead? For my seasonal liveaboard it would generally be my teenage son and I, maybe the rest of the family all together for only a week or so so they can go see Disney, I would stay roughly 4 months every winter and have a liveaboard in the summer. The owner has one right now.

Is this Hats too old to bother with? I can afford to go over 50K but I prefer to not get too invested in banks, my home 8 acres and my Silverado is paid for (actually I have a couple payments more) so I can get a down payment worked up this summer, I know I can get at least $3k within two weeks and thus commit the down within short down, thats all I can offer him right now.

Sooo, fish or cut bait?

Thanks
 
Silverado6x6 said:
I have worked on boats, I have 30 years background as a mechanic and heck I even hold A Detroit Diesel 71 series tune-up certificate. He says it needs some interior touchup work, its basically sound but I am in Alaska, I manage a concrete batch plant and my work is seasonal. Should I commit to buying this unseen from afar? .....no strong desire to cruise the world as yet, for the see-able future I would be happy to stay at dock, do some "improvements" cause I am highly skilled as a fabricator and a fair carpenter, I know fiberglass and very very good at electrical.

I am asking for any advice, should I jump at this because its a Hats? because its a good price? should I actually go bigger instead? For my seasonal liveaboard it would generally be my teenage son and I, maybe the rest of the family all together for only a week or so so they can go see Disney, I would stay roughly 4 months every winter and have a liveaboard in the summer. The owner has one right now.

Is this Hats too old to bother with? I can afford to go over 50K but I prefer to not get too invested in banks, my home 8 acres and my Silverado is paid for (actually I have a couple payments more) so I can get a down payment worked up this summer, I know I can get at least $3k within two weeks and thus commit the down within short down, thats all I can offer him right now.

Sooo, fish or cut bait?

Thanks
Click to expand...

The market is sofffft. I would have it fully surveyed at that distance and based on where it is (the Keys), you will need advice from someone on this site as to a surveyor.

Me? I would not touch it at that distance without a full understanding of the condition. Might be a good price annnd, it might NOT!

See this site's brochure section for the 41 in question (a series I). Engines were 6v-53 or 8v-83 DD's or 290hp gas (440 Mopar's I think). The condition of the engines and trannies is key, unless you never intend to move her on her bottom. She is a saltwater boat, so there are a large number of condition questions to be asked and answered....hull, throughhulls, electricals, engines, etc.

P.s., what is a "converted" sport Hatteras? No clue what that means.

Caveat vendor...look out buyer!
 
After some education I think the seller meant "convertible", thanks for the brochure idea, I found it interesting reading. I wonder how much trouble it would be to add an aft cabin? I am awaiting some more info and it looks like I might have to fly down and see it for myself. The brochure says either 6v53n or 8v53 and the gas motor. I hope its diesel but if its gas I can work with that.
 
Would you buy a house sight unseen? a car? A piece of equipment? Usually NOT a good idea. Contact the owner and get some basic data about the boat: what kind engines? do engines run? How old is fuel? any generator? ac work? last haul and bottom paint? slip arrangements and costs...renters name and tel# and on and on.

A survey with photographs would be a way to start...Or maybe somebody on this list is close by and could take a look first..For live aboard a double cabin might be a lot better as you get a lot more interior room....and it should be air conditioned in FL. You also need to consider hurricane season, approaching soon, slip rental costs and refurburshment costs which can be substantial.

Better to be safe than sorry.
 
Neil said he was moving it to a better storm protected mooring saturday, the address is:7009 Shrimp Road Stock Island FLA 33040
I have a lot of pics but I cannot get them posted here, either its a bug in the forum or its me. I agree about wanting a lot of space like an aft cabin and frankly I would like bigger as well. He is aware of the type of work I do, its seasonal, pays very well for half the year and then everybody either hibernates or heads off to warmer climates. my long range plan which I think in due reasoning is still the best way to go about my dream and thats to work up my kitty, have available immediately a rough figure of $10K and just fly down to central Fla like Orlando and start cruising the yards, I may find a decent salvage, a desperate seller or just be plain lucky and be at the right place at the right time, I really have to hold myself back on this, I have new vehicles like my customized Silverado dually and the Wifes SUV but I have never bought a yacht. I'm 51 and I can still outwork many younger guys and more efficiently but I do want to enjoy life better and frankly Alaska is a hoot in the summer but the winter is just too friggin long!

I am going to sort of wait this one out, it feels like a decent deal but I am even now thinking of looking at some 53' Hats on the market. Thanks for the advice.
 
Sounds like a good choice to wait in this market....there will be plenty of deals coming and you'll have more money when one comes along...Pictures are only a good way to reject real dogs...they often don't show the details needed....Do not underestimate the cost of fixing up an older boat to the way you want....even if you do most of the work yourself ,costs are usually double or triple what you first anticipate....Nobody EVER says "I planned on spending $50,000 over three years and it only cost me $35,000."
 
I've been re-fitting my 36 over the past few years, everything task seems to take longer and cost more bux than anticipated. In this market there's no way I would take on a fixerupper with all the great deals on turn key rigs.
 
Silverado6x6 said:
I am going to sort of wait this one out, it feels like a decent deal but I am even now thinking of looking at some 53' Hats on the market. Thanks for the advice.
Click to expand...
Well, going from a '68 41'CNV to a 53' is, to coin a phrase, "a sea change" and a half. The 53's are gorgeous but significantly more complicated.

For simplicity and size, I vote for a 43'MY from early late 70's w/DD /6-71N's (blower but no turbo) or for that matter a slightly older 44' Tri-Cabin w/same power. There are a lot of them out there.
 
welcome...

in addition to my replies on the LA forum, convertibles are great boats, especially down south. If you dont' need 2 staterooms, then dont' bother with an aft cabin. they're fine but you loose the cockpit and they also look more dated than the convertibles...

the 53 is the ideal liveaboard boat. the early ones are not more complicated than a 41 convertible, they are very simple boats. but you're not going to find one significantly under $100k even in this market.

if you have detailed pictures of that one, email them to me to pascal AT jcna.com i'll take a look. not sure how good/bad the pics are but sometimes you may see enough to decide if it's worth sending someone to take a look.

if you can do some of the work yourself, it may be a good deal... if the hull is sound and the engines/trannies are usable.
 
Pascal I have pics but they are in my yahoo mail I don't know how to get from there to here, send me a hello at: danramz@yahoo.com and I will forward them to you, read my post at LA, I'm going for it.
 
I have looked in a lot of places except the actual boat yards, I tried Projectboats, Boattrader, Iboats, Craigslist and even Ebay, cheapest 41 is $26,000 and its in worse shape, a lot of nice 41C's going from $60k on over $150K and more. The 53 is a bit more scarce a much more expensive of around $100K and up, there is one on Ebay a 34' thats been under and the current bid is $3550.00 There is another 1968 41C WITH a charter business (and building?) that is going for $35K but I know nothing nothing about charters, its sure sounds interesting but I think somebody dropped a zero in the price. Its still listed, do the search for Hatteras and in boats you will see it, maybe I should get my loan for $35,000 instead?

I could always hire a captain.....
 
Back again, I know I am seasawing on this boat but the owner was away moving his family, got a brief answer from him and it sounds not so good to me, apparently either the original engines died or he wanted a trawler, they are now 96hp Perkins 4286 series, I think I have that same size in one of my forklifts, I was expecting more horsepower, this may alter my thoughts entirely as I would rather have reserve power for any emergency or against winds, I would think now the 41C Hatteras with a pair of 96hp motors would do 8-10 knots tops?
Not bad in view of current fuel prices and being able to just cruise but then if I wanted to cruise I would buy a ketch or trawler.
 
Forget what he's asking. If you like the boat and think it will meet your needs offer him what the boat is worth to you. With those engines I would think you are in a good bargaining postion. Buzz
 
This rather changes everything, now the listing he had makes sense, it is converted....to a trawler!

I would rather it had the DDs.

I saw that listing about the 1967. The economy is affecting everything and the fuel prices is making it worse, I think I will just wait it out again, somebody slap me if I change my mind please!
 
I have a1965 41DC, and I bought it in Junk form as well. it cost me 30K so far to bring the engines up to date, replace the fuel tanks, toilets, floors, new paint, new gauges, new appliances, new holding tanks, batteries, charger, exterior paint, etc etc etc. I did most of the work myself, hiring help only for things that needed a pro. Even then, I worked with the guys to learn (an reduce the labor cost)

My point is, it is cheaper to buy a boat that is already fixed.
 
I think most of you guys are ere better off than me, I make $50k a year, house paid for and living in Alaska where we have minimal taxes but I think almost anything built within 10 years is still way out of my reach, I want a big boat, 41' sounded good, heck over 50' sounds great! there is this really old yacht listed at Projectboats, (com) thats 98' and I think they want $50k for it, I just went through my lifes greater fortunes later than others so I'm not so fortunate to be able to afford a $500,000 yacht, it only looks like my choice is to find something not too advanced in disrepair. Going to aggressively build my kitty, come the end of my season around dec I should have nearly $20k to make a cash and carry deal, people make different decisions when they see cold cash and I am going to use that as my best tool.
I will also have to adopt an open mind about living in Florida during the winter as well, the last two times were the same, everybody had their hands out trying to get the tourist dollar.

What I would really like to find is someone who also has a project, has the space or shop and is willing to keep all my tools, boat truck and stuff in storage during the summer for a nominal fee. With my knowledge of engines and electrical it could be something beneficial to the other party.
 
http://keys.craigslist.org/boa/694025898.html

Just to update that this 41C is still on the market, he is asking $25K for it, its been re-engined to some smaller Perkins, sounds like an excellent liveaboard, I wish I had the time to fly over 5000 miles down there to check it out because I have not seen another hat at this price unless it had some serious issues.
 
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