Re: Dick Newick 50 Footer restauration in Annapolis...

Quote: Sand crab Originally Posted by That one has been for sale for over a year, maybe way over. $400K is a bit high I think for a 28 year old boat.

I totally agree....the refitting of this boat is lots of "cosmetics". Little bit painting here and there. I calculate the total costs for the renovation at round about 50-60 Thousand, by good will at max. 80,000 US dollars.A nearby 30 year old 50 Footer one can get for less than 100,000 without rennovation.Lets compare rationally... and take a 40 Footer monohull of that year, e.g. a qualitatively solid boat like a HR - Hallberg-Rassy, built 1987... with a Ketch rig in the market for round about 110,000 US dollars...As the Ketch rig can compensate the roation wing mast by its complexity... we just need to calculate an extra amount as "plus on top" for the higher speed potentials and fun the Trimaran gives...Then Lucky Spirit might cost, roughly. This would be a fair deal in my eyes, so I see it.actually are in the market fully eqipped for long distance sailing at maximumSome one even can get for less, e.g. the 43 Graincher Trimaranyou can buy for... "only" 21 years old.Some boat owners have lost any realistically expectation what to get.The boat market went down since the financial crisis in 2008 heavily... boat warfts went bankrupcy... and the sales market for used boats is overflooded.So why paying 400KUS$ ???? To get rid of "black money" some wealthy sailors have the urgency to clean ???? Maybe... :-)