SoloWriter
Member I
I meant $48k all in, after $30k purchase, and $18k in deferred maintenance and upgrades. Agree, though, if I had $75K to spend, I'd be looking at a different era of boats!
Deciding between Ericson 32-3 vs C&C Landfall 35
- Thread starter SoloWriter
- Start date
Got it!
I've spent about half of my original purchase price ($32K) since 2014, but most of those expenses were either to add new stuff the boat wasn't built with, or do routine maintenance (incl. two bottom jobs). But, except for the first bottom job and making new standing rigging, I've done all the work myself. I probably would have spent close to the entire original purchase price by now if a yard had done the work.
I've spent about half of my original purchase price ($32K) since 2014, but most of those expenses were either to add new stuff the boat wasn't built with, or do routine maintenance (incl. two bottom jobs). But, except for the first bottom job and making new standing rigging, I've done all the work myself. I probably would have spent close to the entire original purchase price by now if a yard had done the work.
Marinarius
Member I
Did the broker provide a report of all Ericson 32 boats sold in the past 3-5 years?
If not, it shouldn't be too hard to dig up a report.
If not, it shouldn't be too hard to dig up a report.
Last edited:
SoloWriter
Member I
Yes, they provided a report going back to 2018, PDF attached.
But again, I'm not sure what parameters they put in. Where would you suggest looking for actual sold comps?
The only ones I've seen are from BUC, but I believe you need to be a member/broker to get them, or at least have a subscription account. And the ones on YachtBuddha, but those of course are all asking prices.
Last edited:
Marinarius
Member I
That may be it, but the format is not familiar.
Usually the broker can access a list from soldboats.com which is the broker portal to Yachtworld.
Some Surveyors have access, to enable them to estimate values. Might be worth a text to your surveyor to find out.
Ideally the list could include the similar models 32-200 and 333 Regatta (one recently sold for $33k.)
Usually the broker can access a list from soldboats.com which is the broker portal to Yachtworld.
Some Surveyors have access, to enable them to estimate values. Might be worth a text to your surveyor to find out.
Ideally the list could include the similar models 32-200 and 333 Regatta (one recently sold for $33k.)
Mr. Scarlett
Member III
Well dang! I paid about the same (after exchange) for my 35-2 that was in LA! Then I had to get it up to Vancouver!
Oh well, once you fall in love with a boat....
SoloWriter
Member I
Yes, they've included 32-200s on there as well. The average price of the 12 sold comps on the list is $29,600 going back to 2018.
Solo,
Is it this boat? If it isn't, how do they compare?
www.yachtworld.com
Is it this boat? If it isn't, how do they compare?
Boats for sale | YachtWorld
Find 72986 boats for sale on YachtWorld Europe's largest marketplace for boats & yachts. We connect over 10 million boat buyers and sellers each year!
www.yachtworld.com
SoloWriter
Member I
Yep, that's the one.Solo,
Is it this boat? If it isn't, how do they compare?
Boats for sale | YachtWorld
Find 72986 boats for sale on YachtWorld Europe's largest marketplace for boats & yachts. We connect over 10 million boat buyers and sellers each year!
My 32-3 was in more or less that condition, perhaps worse. I put at least 20K in, not counting offshore gear or standard expenses such as bottom paint, doing almost all of the labor myself. (By choice, so I knew how it was done).
You might page through my blog, which gives a pretty candid view of the usual jobs. Start from the last entry and work backwards.
ericsonyachts.org
You might page through my blog, which gives a pretty candid view of the usual jobs. Start from the last entry and work backwards.
E381 - Table of Contents for Thelonious Blog
http://www.ericsonyachts.org/infoexchange/entry.php?469-Table-of-Contents-for-Theloni Newer Posts here. Thelonious II--Revised Cabin Table; New Upholstery Thelonious II--One-Piece Hatch Board; more Line Bags Thelonious II--Yacht...
SoloWriter
Member I
I just wanted to say thanks to everyone who has commented on our situation here.
Vince, Christian and Loren get special kudos for insight into their own experiences with similar condition vessels. I am very grateful for finding this forum, and the very special Ericson owners community!
Not sure this particular boat is the right one for us, but it has helped immensely to consider what would need to go into it, beyond the purchase price. Thank you! Joe
Vince, Christian and Loren get special kudos for insight into their own experiences with similar condition vessels. I am very grateful for finding this forum, and the very special Ericson owners community!
Not sure this particular boat is the right one for us, but it has helped immensely to consider what would need to go into it, beyond the purchase price. Thank you! Joe
windblown
Member III
My 32-3 was in more or less that condition, perhaps worse. I put at least 20K in, not counting offshore gear or standard expenses such as bottom paint, doing almost all of the labor myself. (By choice, so I knew how it was done).
You might page through my blog, which gives a pretty candid view of the usual jobs. Start from the last entry and work backwards.
E381 - Table of Contents for Thelonious Blog
http://www.ericsonyachts.org/infoexchange/entry.php?469-Table-of-Contents-for-Theloni Newer Posts here. Thelonious II--Revised Cabin Table; New Upholstery Thelonious II--One-Piece Hatch Board; more Line Bags Thelonious II--Yacht...
We bought our 1985 32-3 for $32K in 2016. Nothing significant showed up in the survey, and boat looked great. As the years go by, we find ourselves working through the list of things that need to be addressed on a 30--now 35--year old boat. Christian's blog serves as our strategic plan for 32-3 preventative maintenance and, when needed, this forum guides us through diagnosis and repair. We are learning to do it ourselves, because boat mechanics and maintenance people are few and far between in our area. Besides, the more we learn about our Ericson, the more we understand its real value. It is more than worth every penny and hour we put into it, and it really has not depreciated in five years. None of our friends with newer, more expensive boats can say that.
I considered buying Antares late this past winter. I think $30k is a fair (Northern CA) price - it is in cosmetically good shape, but much work remains.
SoloWriter
Member I
Thanks, Goldenstate. Interesting. I loved the boat. I just couldn't justify the costs that would be needed, including pulling the rig, after the $30k.
I clicked on the YW link, and it is still listed. Asking price is $34500.
Everyone sez the used boat market is hot; perhaps it's not a hot as it was?
Everyone sez the used boat market is hot; perhaps it's not a hot as it was?
Mr. Scarlett
Member III
No regrets with buying last year but if the market stayed hot for at least one more I'd be convinced we made a very savvy move.
Ralph Hewitt
Member III
Go on the KETO LIFESTYLE... you'll be glad you did .
Alan Gomes
Sustaining Partner
Well, there goes the beer (which is like drinking a loaf of bread)!
jtsai
Member III
A boat broker at the Chesapeake Bay told me the average sailboats stayed in the market between 12 to 36 months before Covid. During Covid, average is between 12 to 24 months. So "hot" is a relative term.
I think there will be a flood of used sailboats return to the market post-Covid. Sailboat ownership is not for everyone.
Back to comparing Ericson 32-3 with C&C 35 Landfall. One of the club members passed and the Landfall went on the market. I walked over and drooled over Landfall's hefty anchor roller and her electrical windlass and wondered why Ericson did not have better anchor setup. Was it because it was a west coast designed boats and you guys don't anchor often?
I think there will be a flood of used sailboats return to the market post-Covid. Sailboat ownership is not for everyone.
Back to comparing Ericson 32-3 with C&C 35 Landfall. One of the club members passed and the Landfall went on the market. I walked over and drooled over Landfall's hefty anchor roller and her electrical windlass and wondered why Ericson did not have better anchor setup. Was it because it was a west coast designed boats and you guys don't anchor often?
When we found our Ericson 30+ in 2016 there were ~113 Ericsons listed on YW. Today there are 42. I think it was in the mid 30's before Christmas. Not sure if one brand can represent an entire industry, but seems to me that quality boats are indeed in short supply.