A Third Option Has Presented Itself - Thoughts?

Discussion in 'Boatbuilding' started by CatBuilder, Oct 28, 2010.

  1. cthippo
    Joined: Sep 2010
    Posts: 753
    Likes: 37, Points: 28, Legacy Rep: 465
    Location: Bellingham WA

    cthippo Senior Member

    For what it's worth, the other place that might be able to do it is Columbia helicopter. They're Erickson's biggest competitor out here.

    I can't speak for getting it to the water, but maybe you can get it barged to FL for a reasonable cost. If someone is running a deck barge back empty they might take a few grand just to make something on the trip. Something to think about.

    Look on Craigslist for cheap workspace, or even a barn to rent for the winter. There are lots of options around here that would take a boat that size for around $300 a month.
  2. CatBuilder

    CatBuilder Previous Member

    One issue:

    This boat is over 10' larger (and a catamaran) than the boat I was building. Every little thing for it has to be so much bigger:

    *linear polyurethane paint
    *bottom paint

    The list goes on and on. I was at the top of my budget with a 45' cat. Can I really afford a 55' cat? I'm getting nervous! :)
  3. Submarine Tom

    Submarine Tom Previous Member

    It was a good price, we hire them to move us around for earthquake research.

    We too do a lot of logging here my friend.

  4. apex1

    apex1 Guest

    At 88k $ for a haul?

    You should move to Europe! Three hauls buy you a proper house AND the small forest to enjoy felling trees.
  5. CatBuilder

    CatBuilder Previous Member

    Well, the offer has been made.

    It is probably rejected at this time.

    The owner of the project wants $200K for two unfaired hulls and a bridgedeck. There are no bulkheads made, no deck, no deckhouse, no rudders, no daggerboards.

    He also wants $18K for EACH Yanmar 4JH5E. He doesn't care that these engines have been sitting around rusting for years. Of course, they are worth what a new Yanmar is worth in his mind.

    Delusional seller.

    We'll see the hull cut up and put in the dumpster in three years' time.
  6. mydauphin
    Joined: Apr 2007
    Posts: 2,164
    Likes: 52, Points: 48, Legacy Rep: 575
    Location: Florida

    mydauphin Senior Member

    Based on my experience... Offer $40,000. He will laugh, counter offer $45,000. explain that it is going to take $200k before thing even can be haul to water and powered. Trust me, it will take $200k to fit this boat out.
    can you afford it. How long do you have? if you can sink $50k a year for 5 years you can do it. Oh plus the cost of the boat. So don't think my $40,000 is too slow.

    If your saving that is worth $400k finish, then how much do you value 5 years of life and your $250k investment.

    When calls you in a couple weeks offer him $40,000 including engines, he might take it or counter offer $45k.

    The engines might be worth about $10,000 if you really want does engines.

    Remember you are buying at a firesale, don't pay retail because your boat will also be worth at firesale price right now.
  7. apex1

    apex1 Guest



    50k for all the cr@p and then he would have to provide a proper diner to celebrate the deal.

    Forget it.
  8. CatBuilder

    CatBuilder Previous Member

    Mydauphin: Your numbers are exactly the ones I came up with. That's fair market value for such a project and you are very accurate. My other build option is to start a similar boat from scratch, so I am up against the same problems no matter which path I take. Remember... there are no used catamarans in this range. So, I'm most likely building one of these scenarios, probably not the $200K for hulls scenario! ha ha ha

    I have a few years to work on the boat, 8 hours a day, every day, or as long as it takes working every day. I have the budget for the build, although my fit out will be on the spartan side and will be added to as time goes on.

    Same story as the other boat I am building from scratch if this one doesn't pan out.

    Apex1: I told him as much. I said, "if you don't believe I have offered market value, go find another wiling buyer with cash and see what his offer is."

    I figure I'll give them a week or two to figure out if they are interested in selling the project or not.
  9. apex1

    apex1 Guest

    You offered 50k?

    What about the diner? (Mouton Rothschild included)
  10. WickedGood

    WickedGood Guest

    I have a Chainsaw and a Pickup Truck.

    Where in the Northeast is this thing?
  11. CatBuilder

    CatBuilder Previous Member

    You'd need more than a pickup truck. The materials probably weigh about 5-6 tons.

    Are you thinking of it for kindling or primary heating this winter? :)
    1 person likes this.
  12. WickedGood

    WickedGood Guest

    I did not know it was wood.

    Perhaps we could just cut it into managable chunks and glue it back together up here by the beach. then you could slide it into the water in the salt marsh and finish it off at your liesure over the next 200 years or so.

    Tell the current owner that I will remove the unsightly beast for just $10,000 cash or 10 ounces of Gold.

    He can pay me half up front to take the job and the other half when I finish.

    If it has a lead keel I can smelt it down into cast Boolits for the Tea Party Muskets


  13. CatBuilder

    CatBuilder Previous Member

    I was just joking around.. :D It's not wood.

    Since this is a performance multihull, it's constructed in a way that fiber orientation is important. If we cut through fibers to chop the thing into smaller pieces, what do we do to put them back together at the same strength without adding too much weight?

Similar Threads
Forum posts represent the experience, opinion, and view of individual users. Boat Design Net does not necessarily endorse nor share the view of each individual post.
When making potentially dangerous or financial decisions, always employ and consult appropriate professionals. Your circumstances or experience may be different.