Carnival occurs. Which is, apparently, a complete shutdown of Central America
Costs of Used Sailboats in Foreign Countries
The moral of the story: even when everyone’s interests are aligned, there are some additional costs (both mentally and financially) to evaluating used sailboats in foreign countries. Don’t forget to account for that.
At this point I don’t have much info on the catamaran in question, and my costs to get that info have been substantial. Here’s what a full survey on a used sailboat in a foreign country will cost me. Note, there’s still a fair chance this won’t be the boat.
- Survey: $826
- Additional cost for sea-trial: $326
- Last-minute flights: $1200
- Transportation in-country: $300
- Accommodations: $150
- My sanity
- Time off work
Total monetary cost = $2800
Logic and Such
I can just picture people reading this and cringing. Cruisers especially. So here was my logic for doing what I did:
- I wanted to be as cost-effective as possible, I’m on a pretty tight budget
- Flying in a catamaran-specific surveyor is a very expensive ordeal (see budget comment above)
- Even with said surveyor, I would have run into many of the same issues (schedule conflicts, additional costs). Those issues and costs would have been magnified, if I had went this route
- I needed to see and sail the boat before my purchase
- I needed a professional survey, even if it didn’t have all of the information I wanted
The Silver Lining
All indications are that the boat is in good to excellent condition (for it’s age). We believe the price is under market (more on this if I close). I didn’t have to pay for new bottom paint ($2K ish) or haul-out ($450 ish).
Finally, my broker – who has an immense amount of experience in this particular make/model of catamaran is going with me for the sea-trial – that’s very valuable to me. My sanity aside, if the boat is in the condition reported – we’re on to something. Possibly something really life-changing. And, to be fair, anyone my age deciding to complete a sailing circumnavigation (with minimal sailing experience) can hardly lose much (more) of their sanity. So there’s that.
Central America, Here I Come
I have a flight this Friday, but some of the details are still up in the air. Nonetheless, I’ll have a decision by next Monday. Which blows my mind when I think about it. Gotta start packing.