Cruise Reports FortheDuchess

F

FortheDuchess

New Member
Joined
28 Aug 2019
Messages
8
Visit site
I am looking to buy a Fairline Targa 40 in the next year or so and was wondering if the Targa 40 year 2002 is the right move being the age it is and thinking the cost would be in the region of 100k. It will be for family holidays etc and would be moored in Guernsey. Can't buy yet as have family commitments to sort out in Scotland. I am from Guernsey so should be a problem mooring it there. Really my question what are the pitfalls when buying a boat this age and are boats of this age of need of Sri cost and upgrades, should I stay away from a boat this age? Thanks Chris
 
Welcome to the forum. A 2002 boat isn't necessarily a bad choice per se, for a 17 year old boat it is all about use, maintenance and condition. I certainly wouldn't rule a boat out simply because of age. However, for the T40 in particular, a boat of that age might have kad44s or kad300s; the kad44 boats are a bit underpowered.
 
Hi Jimmy-the-builder, you sound very knowledgeable which is comforting for a newbie, so thanks for your reply, its all got my attention. I would love a boat this size and styling and 100k would be my max limit which doesn't give me much wiggle room for problems I suppose, If the engines have been serviced should that give me peace of mind if they are the original engines from say a 2002 year Targa 40 or should I be knocking a wedge off say 20k for replacements? and sorry but my second question is is this going to be my biggest cost against say if the hull is sound and gearbox is sound? are there other major cost to consider on a boat this age? thanks again Jimmy, I am enjoying the info you are providing to keep me right? Chris
 
There is one boat with 2 x Year Built: 2004
Engine Model: KAD300 is this a good engine Jimmy, thanks in advance. Chris Should these engines be serviced annually and have a service history like a car? Cheers Chris
 
Whatever you buy of that sort of era for that sort of money get a survey undertaken plus an engine inspection, seatrial and survey by an experienced engineer who works on and is trained on these engines preferably a main dealer for the engines in question.

The Kad 44's, Kad 300's and D4 or D6 all have their little problems that develop with age and it is knowing what to look for on specific engine models.

Look for something with a full service history, and regularly maintained by a competent engineer.
 
Thanks Bandit, all this info is very helpful as would hate to get wrong at this sort of cost. Sounds like I would need to gor through an agent for proper survey
 
FortheDuchess said:
Hi Jimmy-the-builder, you sound very knowledgeable which is comforting for a newbie, so thanks for your reply, its all got my attention. I would love a boat this size and styling and 100k would be my max limit which doesn't give me much wiggle room for problems I suppose, If the engines have been serviced should that give me peace of mind if they are the original engines from say a 2002 year Targa 40 or should I be knocking a wedge off say 20k for replacements? and sorry but my second question is is this going to be my biggest cost against say if the hull is sound and gearbox is sound? are there other major cost to consider on a boat this age? thanks again Jimmy, I am enjoying the info you are providing to keep me right? Chris
Click to expand...

The boat will be worth what it is worth; nobody will sell you a boat with a gigantic discount just in case it needs new engines. If the engines and drives have been maintained correctly then there should have been no need for them to be replaced. For a leisure boat you can use a rule of thumb of 50 hours a year as a rough guide for where you'd expect the hours to be. Roughly a third of the value of the boat will be in the engines and drives.
 
FortheDuchess said:
There is one boat with 2 x Year Built: 2004
Engine Model: KAD300 is this a good engine Jimmy, thanks in advance. Chris Should these engines be serviced annually and have a service history like a car? Cheers Chris
Click to expand...

KAD300 is fine provided it has been serviced to schedule (expect to see evidence). Yes they would typically be serviced annually.
 
FortheDuchess said:
Are survey and agent cost around 10% or is this steep? Thanks again Chris
Click to expand...

You don't need a buyers agent for a £100k boat. But you definitely do need a survey, and often you might instruct two surveys, one for the boat generally (eg Jim Pritchard http://www.jimpritchard.co.uk/index.html) and another for the mechanicals eg VolvoPaul on this forum.
 
Thanks Markc, would that be for a Fairline Targe 40 at around 100k? What is the life expectancy for these CAD 25 to 350 engines? I suppose this is a million dollar question and feel stupid to ask, could they last forever inf serviced and maintained properly? Thanks again Mark
Chris
 
Thanks Jimmy, all your help has been much appreciated, I will certainly look out Jim Pritchard when the time come to make a commitment , hopefully next year, but definitely the year after. Cheers :)
 
I have targa 40, 2002 with kad 44’s. It’s our first sports cruiser but I wouldn’t say it was under powered. It always keeps up with other boats of similar size. It’s done 1050 hrs. and not missed a service. She’s in great condition. It’s had new Permateek in cockpit and on swim platform, new covers and upholstery in cockpit in 2017/18. I would say it’s well worth £115-120k of anyone’s money. Great boat and layout . Build quality is really very good. We are a family of four with grown up kids and she’s just fine for us but unfortunately it doesn’t stop the bigger is always better bug! If you need to know more about a targa 40 let me know.
 
You must log in or register to reply here.

Share this page

Top