Moody 30 Survey

[poter]

Ok so saga continues..... (more dosh)

Surveyor recommends epoxy to the hull and re-bolt the keel.
I am looking at a budget of around £4500 for the hull with a decent system,
& say £400 for the re-bolt and glue etc. & have got another £4000 off the price.

The top sides and gel coat are chalky and will require a clean and polish, I will do myself but what product would be best suited, she is 27 years young and will require quite a few weekends work

I already new the standing rigging needs to be done, so that was reflected in the original selling price I agreed.

There are other problems but all to do with instruments and cosmetics.

Question: Is she now worth it??
or do I cut and run and look elsewhere??

poter

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[Hurleyburly]

Depends what the original asking price was and what you'll now be paying.

Most 30's I've seen advertised were at the £20K mark, so if you've got it down to say...£13.5K you're okay.

Plus when the work's done you've got a solid boat with all the expensive stuff completed to your satisfaction and she's likely to be easy to resell if the work's carried out by a good yard.

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[Twister_Ken]

If the epoxy job is being paid for by a price reduction, what's the problem? And you can probably wait until your winter lift-out to get it done, so you'll still get a bit of sailing in this season.

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[AndrewB]

Moody 30 survey = delays?

The yacht may be uninsurable (and therefore unsailable) until the work has been done, specially rebolting the keel and renewing the rigging. So this is going to mean lost time, probably the rest of this season. But the yacht should be really good at the end of it.

By the way, Poter, that sounds like a low estimate for the keel job, unless its exceptionally easy to access the keel-bolts on a Moody 30.

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[Hurleyburly]

Re: Moody 30 survey = delays?

I'd second that £1000 - £1500 for removal and renewal more like it.

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[Aeolus_IV]

Not insurable?

We had this problem when the survey recommended dropping the keel to examine bolts and re-attach with replacement bolts as necessary. Spoke to the Insurance company who said that he'd almost never heard of a keel just "dropping off", and so long as there were no signs of movement he'd be happy to insure the boat without this work being done. And thats how things currently stand.

To be fair, our "bolt on" part of the keel is only the lead at the very bottom of the keel and is not under the same loads as a similar weight bolted on to the hull at the top of the keel (less than a third of the leverage).

As for taking on an older boat ... beat down the price with all the reasonable work which needs to be done to bring the boat upto the asking price. We halved the cost of our boat this way - but be prepared to spend the money on the boat afterwards. As said else where, this need not be immediately but at your own pace. At the end of the day you'll get a boat that you know is sound, because you'll have checked and done everything yourself.

Regards, Jeff.

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[AndrewB]

Beating down the price.

Well done in your case. But I've always been prepared to meet the seller part way (mostly my way), because it means I will be getting brand new rigging, say, rather than what I might have reasonably expected, rigging part-way through its life.

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[Aeolus_IV]

Re: Beating down the price.

I can understand why it seems that so many people buy new these days. Apart from the fact that there are new boats available today which are proportionately cheaper today than they would have been 30 years ago - there is also the "plug and play" aspect which seems important to many people. Yes, we beat them down on everything that needed doing, and then nearly walked away from the sale. We got her for what we thought was a fair price, but we didn't sail her anywhere until nearly six months later and a whole pile of additional money had passed out of our hands.

What is important for anybody buying a boat is to understand what they want from the boat at the end of the day. What are they going to "do" in the boat most, where do they want to go, what compomises they are prepared to make. How much work are they prepared to put in to get her "up to scratch" and keep here there? After that its just a case of finding the right boat at a fair price.

Its easy for me to say this with almost pefect 20:20 hind-sight - when we were looking our brief was "a pretty boat, no less than 28 feet, sails well and tough". Accomodation didn't really feature too high on the list, and her draft hadn't crossed my mind. I think we picked up (by chance) a good choice, and she certainly meets all the initial requirements. But there has been some work done. To date we have replaced the following (in no order): standing rigging (inc new furlex), life-raft, engine, propellor (twice), water system, all stop cocks, instruments, ellectrical panel and re-wire - oh, and full osmosis treatment. Outstanding work: re-paint topsides, replace teak toe-rail, replace boom, new sails - well, one day.

We are now learning to live with her quirks and enjoy what she does best - sail. Definitely worth it.

Jeff.

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[poter]

Boat purchased

Thankyou all..

You have more or less confirmed my own instincts, to go for it.

I have instructed the bank, we will be proud legal owners sometime next week,
The safety gear will be sorted this weekend, flares, life raft refurb. etc so we should be able to take her round to the Dart, say week of the 15th, after a couple of shakedowns in the sound.

Oh by the by!!! 'Shady Lady' will only be stocked with single malts I'm afraid, but you are all most welcome to come aboard and drink some tea.

poter.




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