Kent & Gloria.
All of the advice you were given seemed to be right on point, especially
Bob Austin's. The 50 is a very large boat, and it will need to have a lot
of systems replaced, and you will indeed spend a lot of money doing so. I
would budget $75,000 to $100,000 in additional cost.
Veiner's Law #5 (probably stated previously by someone older and wiser).
"Marine Traders are cheap to buy, but dear to maintain.
Nevertheless, knowing this in advance, I chose to buy a 1979 Marine
Trader classic DC 44' last fall and have spent all of the time and money
since then bringing it up to an acceptable standard for coastal cruising.
The choice was mine, because I could either wait for the stock market and
my investments to return to 1999 levels (humph slight chance) in order to
buy a new boat, like a Krogan 39 at about a half million, or get started
with cruising now on a limited budget.
Suggest that whatever you do, have a good survey, and then price out the
cost of making repairs for those items. In spite of very careful cost
estimating, I still erred on the low side. Veiner's Law #2 is, "It is
going to take twice as long for the job and cost twice as much." That
came from nearly 50 years of sailboat experience, and it has to be
modified for a trawler to maybe, "Twice as long and three times as much."
Replacing the fuel tanks alone, which will have to be done on that
vintage boat, is at least a $15,000 job if you plan to have a yard do it
for you, as will the cost of painting the topsides run around $15,000.
Perhaps you should also focus more on your intended use, and do some more
research, for example, read Voyaging Under Power. I have no illusions
about our boat, Micha, it is indeed a semi-displacement boat, and I
consider it a coastal cruiser. If you plan to spend a great deal of time
making 1.000 mile voyages from south Florida to the Virgin Islands, you
may be better off selecting a different vessel. While I'm not familiar
with the specs on the MT 50, Floyd Ayers, the designer, had a tendency to
just upscale his designs for creating a larger boat. These boats lack the
requisite D/L ratios, Above Water/Below Water Ratio (A/B), and ballast to
be true ocean-going vessels. Can they make such a trip? Sure. They have
pretty good Speed/Length ratios, and they carry enough fuel, BUT, I
wouldn't want to get caught out several hundred miles at sea in a gale.
There are others who would disagree and tell you that we all take chances
when making ocean passages. True, but why push your luck.
In summary, do your homework, budget the cost of repairs, add another
chunk of money for unforseen contingencies, and make sure this is the
right boat for how you plan to use it. And remember, it is very easy to
get the wrong boat "at the right price."
Martin I. Veiner & Margaret Rogers Shearon
Technology Perspectives Consulting
1825 Bridgemont Trail, Tallahassee, FL 32312-3623
Tel: 850-907-9969; Cel: 850-559-1766
Email: veiner@juno.com
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Having bought a sail boat or two (and having invested in the stock market),
I know exactly what you mean. In the past, I assumed I would need an
additional 30%. Looks like trawlers are no better (or worse?).
Kent
----- Original Message -----
From: "Martin I Veiner" veiner@juno.com
To: trawler-world-list@lists.samurai.com
Cc: veiner@juno.com
Sent: Friday, July 11, 2003 5:57 AM
Subject: TWL: Re: Recommendation on Marine Trader
All of the advice you were given seemed to be right on point, especially
Bob Austin's. The 50 is a very large boat, and it will need to have a lot
of systems replaced, and you will indeed spend a lot of money doing so. I
would budget $75,000 to $100,000 in additional cost.
<<snip>>
The choice was mine, because I could either wait for the stock market and
my investments to return to 1999 levels (humph slight chance) in order to
buy a new boat, like a Krogan 39 at about a half million, or get started
with cruising now on a limited budget.