[alberg30] pump outlet / values
FINNUS505 at aol.com
FINNUS505 at aol.com
Wed Jan 19 17:10:46 PST 2000
From: FINNUS505 at aol.com
In a message dated 1/18/00 10:43:57 PM Eastern Standard Time,
gewhite at crosslink.net writes:
<<
(2) I agree that the boat in question is probably not worth more than
$4,000. it ALWAYS costs more to fix something than the estimate. LOTS.
Compare your worst guess of the fixup cost plus the price and see what else
you could buy with the money. Maybe a much better Alberg. You have to be
brave to take on essentially a near basket case. It is easy to get into
restoration of an old house old airplane, old car, old boat that costs more
than its market value. If you love it, factor that in, but do not buy someone
else's problem.(Been there, done that).
- Gordon, A-275
>>
I agree with gordon completely-financialy you do not come out ahead with a
restoration, unless you have some wholesale sources for gear, you do all the
work yourself, and you do not count your own time in terms of dollars.
However, the upside to the restoration approach, is that
1)you are rebuilding the boat to your own ideas, so you will end up with the
boat you want,
2)everything will be new and strong, if you have done things correctly, and
3)you are saving an old boat, important to some of us :)
4)when you are done, you have the tremendous satisfaction of a completed
project.
Granted, all personal perceptions and values.
Hope this helps,
Lee
Stargazer #255 (definite restoration/salvage project!!! :)
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