Cost per foot

27 Апр 2014 | Author: | No comments yet »
Four Winns 241 Liberator

Cost per foot

Boats are not cars. A 300 dollar boat is prolly gunna be 20 years old or more. Even if it Looks like new I seriously doubt you’ll find many buyers @ $8,000. You Might, maybe if you’re lucky get back what you put into it not counting your labor. 100 hrs minimum labor to restore it. If you pay yourself $15 bucks an hr You’d have to sell it for 5500 and I still think you’d have problems. Check Craigslist and see if you find many 20 yr old LIKE NEW boats selling for that. But hey that’s just an old dumb okie talkin. Maybe NY is different. I know I would pay it if I found an iBoats documented rebuild boat. Pics tell the story and if I could document the materials and quality of craftsmanship put into the restore, then the price would be worth it compared to a new boat. Some people don’t see it that way. Lot’s of people have asked this question here on the forum, but I’ve not seen anyone say they have successfully started a boat restoration business.

October 19th, 2013, 11:42 PM

Re: Cost per foot

look at it this way, most, if not all boats you will find for $300 or free even, will be 20+ years old (’93 or older), and most like neglected. Also, most will be of the price point, budget boat brand. 11 of of 10 of them will most likely need a full rebuild to pass a survey. buffing the gel wont cut it. In the end, it will be outdated in style, tech, and alot of components will have used up their useful life cycle.

You can buy a Dodge Airies k for next to nothing, cut and buff, clean it all up, tune it all up, weld the rusted frame, yada yada. in the end, you will get peanuts.

Originally Posted by rsmitty814

Well nobody has read the stipulations I have stated. Everyone is fixated on my being an auto mech. Yes boats are not cars.

By keeping the selling price under $10,000 for a boat that will last another 20 yrs doesn’t seem unreasonable.

with all the newer garage kept boats out there running for much less, people will not buy it. Restoring boats is not like restoring classic cars like a ’66 GTO. its like restoring mid 90’s front drive Buick skylarks or Cadillacs. you can do the work, however the clients are limited.

Boat restoration for yourself only makes sense in the following:

its your dream boat and you cant find the same boat that does not need restoration

Four Winns 241 Liberator

you want to get into boating and your building it for yourself and want the pride in doing so

You really like itching from fiberglass no mater how much tape and tyvek you use

you like replacing your tools that eat themselves from fiberglass dust

you have too much disposable income

For many of us here, its the first or second. Although there are a few that I am convinced really like the itching

the only way to make a little bit of money on a boat restoration is to start out with a whole lot of it. Remember BOAT stands for Break Out Another Thousand.

If you want to start making money on boats, get into repair of rental boats at Disney or some Rum Soaked beach resort. Nearly every rental has a chargeable repair

Four Winns 241 Liberator
Four Winns 241 Liberator
Four Winns 241 Liberator
Four Winns 241 Liberator

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