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Good Deal??? 1990 58C

  • Thread starter Thread starter capttonyf
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"Port engine is said to be running fine and the owner says he would change fluid and filters, check hoses and pumps then would feel good about a long trip on the port motor solely if needed for relocation."

That's got my name written all over it. :D
 
foleyjt said:
She's on eBay now, 4 days remaining. Seller has removed the reserve and current bid is $45,100.
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Uh oh, here we go again. :D
 
This thread has drama and adventure written all over it.
 
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Boatsb said:
Jim I can see you in a real cockpit boat.
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That 58 is HUGE. Cockpit and ER are not much smaller than that of the 65C.
 
capttonyf said:
Does anyone know this boat and it's current condition? If the overall condition is good and the only major problem is a Clapped out motor this may have the potential of being a Great Deal for someone. The 65C is a better, shallower boat with the same operating costs but if this boat can be purchased for $50,000 and you put $100,000 into a rebuilt motor and misc updates you may have something here. The listing even states it has $50K in motor parts that come with it. Hope this helps someone out.

http://www.yachtworld.com/boats/1990/Hatteras-58-Convertible-2737189/Corpus-Christi/TX/United-States

Tony.
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All you guys keep talking about this 58c and its price there is anotherone for less than 200 offered. Why not just purchase thart one. Its running!! By the time you finish with that 16 cylender beast it will cost you a 50000 $ and you still got one with high hours. If you going to fish it and run it the way it was intended i bet at cruse it burns beteen 70 to 90 gallons a hour. I do not have any idear of speed but you can bet it wont keep up with others in its class of today.
I have just finished a 52c and i tell you what ever you think you going to spend double it. Now if that does not cool you down then go for it. I belive i would do what Jack said put new engines in it
but you better like it cause you going to keep it a while.
REMEMBER this is a as is boat you still got all the operating systems to worry with AIR OR COOLING STEARING ELECTRONICS AND THE BIG ONE COSMEDICS GOOD LUCK. Baised on the 52 i just finished i can see 300 easely spent if you doo it 3/4 right. Chew on that. Its the rest of the story, The 58c is huge keel is at least 4 feet and it draws what at least 5.5 feet the cock pit is square dancable. Whash that tower no thanks it probley 30 feet in the air, Look twice and think three times. 400 thousand in a 58 c not me.
 
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tIM pOWELL said:
All you guys keep talking about this 58c and its price there is anotherone for less than 200 offered. Why not just purchase thart one. Its running!! By the time you finish with that 16 cylender beast it will cost you a 50000 $ and you still got one with high hours. If you going to fish it and run it the way it was intended i bet at cruse it burns beteen 70 to 90 gallons a hour. I do not have any idear of speed but you can bet it wont keep up with others in its class of today.
I have just finished a 52c and i tell you what ever you think you going to spend double it. Now if that does not cool you down then go for it. I belive i would do what Jack said put new engines in it
but you better like it cause you going to keep it a while.
REMEMBER this is a as is boat you still got all the operating systems to worry with AIR OR COOLING STEARING ELECTRONICS AND THE BIG ONE COSMEDICS GOOD LUCK. Baised on the 52 i just finished i can see 300 easely spent if you doo it 3/4 right. Chew on that. Its the rest of the story, The 58c is huge keel is at least 4 feet and it draws what at least 5.5 feet the cock pit is square dancable. Whash that tower no thanks it probley 30 feet in the air, Look twice and think three times. 400 thousand in a 58 c not me.
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The boat may be a good deal If the rest of it is good. The other 58C for 200K is decent. She had over 1000 hours on her when I was looking 3 years ago. Boat was fair but needed some updating. If this boat is nice and the rest of the engine is good then I think she's a good deal. If the parts are all or mostly there for the rebuild and the other engine is good then you may get her running for 25K-35K depending on what's needed to get the engine out. 50K for the purchase and you're into the boat for well under 100K. If the rest of the boat is good that leaves a fair amount of room for upgrades. $200K for an updated 58C with a fresh engine isn't bad. Like I said before, the very clean, updated one I was looking at needed very little except that one engine was tired and she sorely needed a bottom job due to excessive paint build up. That boat sold just over $180K when things were a bit worse than they are now. That boat has since resold for around $260K and next to nothing was done to her.
 
If someone needs or wants a 58 convertible, or something in that size class, is the 58 Hatteras the best one out there? I don't know a lot about what was offered in this size boat. Biggest boat I ever had was 48 feet.
 
Jim
It is one heck of a good boat you should read the sea trial on it. It is just so heavy and massiveit is a man and it takes a lot to push it.
 
The 58C is a great boat but its very heavy and draws 5'11". Huge compared to a 58 Viking. Similar if not bigger than a 60 Bertram. Similar performance and operating cost as a 65 Donzi or a 65 Hatt. All these boats will cost considerably more than a 58C Hatt. So is it a great boat absolutely at 200K compared to 350K and up for the others it's a great option.
 
I have a 1990 58 c and if you are in heavy sea you want one of these , it weighs over 90 k lbs this boat is solid and will out live you or anything you can throw at it , yes the 16 v92 drink the fuel but how much fuel can you buy for 2,450,000. Savings over a new 60 c from hatteras .

I got a great deal on mine and if I was not in ca I would buy her on the spot I have had people offer me twice what I have in mine. That's 6 times what that boat is selling for . good luck to the buyer and if you need anything I can help you with. Just hit me up .

When I bought my 58c found a lot of people talking s$$t on them . All I can say give correct factual advise not just your opinion of something you have never owned or been around . Don't be a internet hater or comedian.
 
Draws six feet? Wow. No wonder you don't see them here in the Bay. But it sounds like a great offshore boat.

Was this a model they didn't make many of? I don't think I've ever actually seen one up close.
 
If these were built now, they would have 3412s or something like that. Were any of them fitted with those from the factory, I wonder?
 
jim rosenthal said:
If these were built now, they would have 3412s or something like that. Were any of them fitted with those from the factory, I wonder?
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No on the Cat 3412's, most if not all these 58C's had DD16V92's. I believe the 12's were standard but I've never heard of one with them. I've run a few 58C's and can state fact, that they are Heavy, Ride Heavy, "Like your Pulling a Trailer", but will go through anything. Very strong, quality, heavy sea boat, solid and awsome in a big sea. Side by side with a 65C they're nearly identicle in, Height, and Beam it's just the 65 is 7 feet longer and possibly why it runs just a touch better, the added hull length keeps it from squating as easily when backing off the throttles. If you live in an area of the world where draft doesn't matter, and you can afford 125GPH at a high cruise rpm then a 58C would be great boat. Almost a 65C for half the money, definitely worth it.

I'm not 100% sure why there weren't as many 58C's built compared to the 65C but an educated guess would be this. Very similar size but, deeper, identicle operating and Maintenance costs, and a 65C was NOT much more expensive to buy when they were new. As a buyer if you can afford a 58C you can a afford a 65C so why not buy the 65 with a half a foot shallower draft and a 4th stateroom option. Hatteras didn't offer the 4 stateroom midship master until later years BUT, you could get a 4th crew stateroom just forward of the engine room where the A/C pump room is typically located. With that option they moved the A/C units outbord the motors. In my opinion as great of a Sea Boat the 58C is, the 65C just over shadowed it, and for only a little more money. Same situation I believe killed the Late Model 64C so quickly. Why buy the 64C when the 68C isn't much more expensive to own with a roomier 4th stateroom, same power, same speed, and same operating costs.

The 58C is a great boat for the right person, in the right area of the globe at ANY price. But if a great deal on one pops up it could be a great Boat for the right person Anywhere. That's why I posted this thread, I don't know the boat but if the rest of it's in good condition there is possibly a great deal for someone looking for a big Hatteras Convertible.

Tony.
 
capttonyf said:
No on the Cat 3412's, most if not all these 58C's had DD16V92's. I believe the 12's were standard but I've never heard of one with them. I've run a few 58C's and can state fact, that they are Heavy, Ride Heavy, "Like your Pulling a Trailer", but will go through anything. Very strong, quality, heavy sea boat, solid and awsome in a big sea. Side by side with a 65C they're nearly identicle in, Height, and Beam it's just the 65 is 7 feet longer and possibly why it runs just a touch better, the added hull length keeps it from squating as easily when backing off the throttles. If you live in an area of the world where draft doesn't matter, and you can afford 125GPH at a high cruise rpm then a 58C would be great boat. Almost a 65C for half the money, definitely worth it.

I'm not 100% sure why there weren't as many 58C's built compared to the 65C but an educated guess would be this. Very similar size but, deeper, identicle operating and Maintenance costs, and a 65C was NOT much more expensive to buy when they were new. As a buyer if you can afford a 58C you can a afford a 65C so why not buy the 65 with a half a foot shallower draft and a 4th stateroom option. Hatteras didn't offer the 4 stateroom midship master until later years BUT, you could get a 4th crew stateroom just forward of the engine room where the A/C pump room is typically located. With that option they moved the A/C units outbord the motors. In my opinion as great of a Sea Boat the 58C is, the 65C just over shadowed it, and for only a little more money. Same situation I believe killed the Late Model 64C so quickly. Why buy the 64C when the 68C isn't much more expensive to own with a roomier 4th stateroom, same power, same speed, and same operating costs.

The 58C is a great boat for the right person, in the right area of the globe at ANY price. But if a great deal on one pops up it could be a great Boat for the right person Anywhere. That's why I posted this thread, I don't know the boat but if the rest of it's in good condition there is possibly a great deal for someone looking for a big Hatteras Convertible.

Tony.
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Having looked seriously at the 58C and 65C I'd say this is pretty much spot on. There are a few 58C with 12V92s, I know of at least 3. The 5'11" draft is the deal breaker for many. The 65C draws 5'4" which isn't much less but for many it makes a difference. The 65C and 58C offer similar accomodations and ER. The 65 gives you a bit bigger salon, galley and slightly bigger heads, but not that much more. You give up the pump room in the 58C and the dinette is much smaller. I think the 58C is one of the nicest looking boats Hatteras made. Lines are near perfect. Proportions are very well balanced. You can't get a grasp of how big the 58C is until you see one in person. I was looking at a 58C and a 54C that were both in the same marina. The difference was huge. The owners of the 58C I was looking at bought a Viking 61. Boat was docked 2 slips down from the Hatt and looked much smaller. Spoke to the captain about 6 months later. He said the owners love the looks and layout of the Viking. When seas were flat they love the speed of the Viking but when conditions are less than perfect they miss the Hatteras.
 
Great advise on th 58 c

Hear in cal they charge by the foot my 58c is 63.8 foot lets call it 64 over all that's 1600 a month thats all most just under 20k a year just to keep it in the water. in Newport it's over around 3000 a month 47.00 a foot a 65 c is let's call it 71 foot in Cali thats 175 or 337 dollars more a mounth . That's 2275 or 4040 more a year . just for a boat that's only 7 foot longer . And a lot of marinas in ca won't take boats longer than 60 foot . That's why I chose the 58 not the older 60 that I could afford . yes I love the newer 60's and one day hope to own one but for now not selling just loving life with my dream boat!


It's not the cost of buying a race horse , it's the cost of owing a race horse .


I think that will be my new saying
 
Sold for $50,100. I actually thought about bidding and talked to the broker a few days ago. Boat had been sitting for two years, and the story on the starboard was they did an in frame a while back only to discover the crank was bad. In other words, a lot of the parts mentioned were already installed.

They couldn't confirm the port engine or the generator would actually run, and they were relying on third party statements they would run... or at least they did two years ago. Same with the rest of the ship's systems. I still find it hard to believe it wouldn't be worth $50K as a floating condo as that's exactly what I had in mind.

It'll be interesting to see if the boat ends up on eBay again if the buyer finds it's more they he/she bargained for. That's what the broker said would happen in such an event as they would keep listing it until it took.
 
Randy I had the same thought. Ive been looking for something for a live aboard in the Florida Keys. For $50,000 it was less expensive and a better hull than any houseboats I've seen. Thought hard about bidding, even thought about contacting you to help get it across the Gulf since you have had experience with one engine gulf trips! I have a 31" Hatt, a 15' skiff, a dingy, and a kayak so I wasn't to concerned, nor could I afford for it to ever leave the dock after relocation. I m sure many would say this would be a horrible waist of a great boat but it would be a much better on the water condo than a house boat sitting on some pontoons. I ve heard so many comments on this site about boats not being a good deal even if it was given away. I understand that with a total refit. So what's wrong with this idea? Any thoughts?
 
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