abacus
New Member
I wonder if someone could kindly advise.
I am looking to buy my first wooden boat and trying to get a realistic understanding of annual maintenance costs. Purchase price in the range of £30 t £40/- and around 32' to 34' LOA. I am proceeding on the basis that I buy the best condition that price allows and then keep it there rather than restoring something.
As far as sanding, painting and varnishing go I am reasonably handy. Other maintenance skills more limited but I'm a practical sort.
A rule of thumb I have heard is 10% of value but have no feel for whether this is reasonable or includes/excludes berthing etc. From my digging part of the trick seems to be finding a yard where they are happy for you to come and go and do what you can rather than being a sort of hostage and obliged to use their services.
Any thoughts? Exclusive of berthing costs probably easiest I think.
Thank you very much.
I am looking to buy my first wooden boat and trying to get a realistic understanding of annual maintenance costs. Purchase price in the range of £30 t £40/- and around 32' to 34' LOA. I am proceeding on the basis that I buy the best condition that price allows and then keep it there rather than restoring something.
As far as sanding, painting and varnishing go I am reasonably handy. Other maintenance skills more limited but I'm a practical sort.
A rule of thumb I have heard is 10% of value but have no feel for whether this is reasonable or includes/excludes berthing etc. From my digging part of the trick seems to be finding a yard where they are happy for you to come and go and do what you can rather than being a sort of hostage and obliged to use their services.
Any thoughts? Exclusive of berthing costs probably easiest I think.
Thank you very much.