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Messages - Steve Cherry

#1
General/Off-Topic / Used boat purchase
May 17, 2004, 07:57:34 PM
Craig,
Thanks so much for your offer.  The boat I was looking at was bought before I made a decision about it.  My status is "On Hold" as far as a boat goes.  There have been some items that I must put before buying a boat at this date.
Is your boat in a marina or is it at a privite residence on the New River?  My work gets me to Jacksonville from time to time.  It would be great to see your boat when my work takes me down your way.  Thanks again for such a kind offer.
Take care.
Steve
#2
General/Off-Topic / Purchase of Pearson
February 07, 2004, 09:19:53 PM
Bill,
I was advised that the shaft is snapped.  So it appears that it would be a cost of over $1,000.00 from what I recall being said.
That was part of the estimated $4,000.00 needed to get her repaired.  Are their "stock" items that one can purchase for repairs?  If everything is custom that norammly means a more expensive fix.  I will follow you advise and check out the info under the search mode of this site.
Again, thanks for the effort to help me.
Hope life is good for you.
Steve
#3
General/Off-Topic / Used Boat Purchase
February 07, 2004, 04:42:37 PM
Bill,
Thanks so much for the reply.  I will get down to the marina that 's listing the Pearson and see what the fine details look like to repair the Ariel.  
Since I know the rudder needs to be replaced, is it possible to replace it with a stock rudder?  I have no idea how the parts situation is for this year boat.  I would expect it may be a custom fabrication process!
Thanks for the encouragement and support.
Take care.
Steve
#4
General/Off-Topic / Possible Purchase
February 07, 2004, 09:18:46 AM
Commanderpete,
Thanks for your reply to my post.  That's what I was looking for in terms of developing some idea of what the future value of a restored Areil might be.
I realize that boats, like most recreational items, are not good investments.  They are however the source of so much pleasure  and of course pain too.
Thanks for your interest and support.
Take care.
Steve
#5
General/Off-Topic / Possible Purchase
February 07, 2004, 09:08:52 AM
Bill,
I stand corrected on the year.  It is a 1965 not 1973.  When I visited the marina this week, the person I delt with said it was a 1973 but when I re-checked the listing this morning, it was stated to be a 1965.
Thanks for your post.  It's great to get as much knowledge as you can before taking action and this forum surely can give me some sense of direction.
Take care.
Steve
#6
General/Off-Topic / Possible Purchase
February 06, 2004, 09:57:06 PM
Greetings V-C,
Thank you so much for your post in response to my quest for help.
I agree that what to do is very subjective when you are starting with a very rough boat.
If you have any opinions as to what would be a reasonable investment to fix-up the '73 Areil before exceeding any hope of recovering your investment, I would like to hear from you.
The basic concept is that I don't mind spending the time and money to fix the boat but I do mind going beyond what's a reasonable recovery level on my investment.
I  agree that a restored Ariel is a beautiful vessel and feel that this is something worth doing as long as I keep my cost at a proper level.
Steve
#7
General/Off-Topic / Used boat purchase
February 05, 2004, 11:03:20 PM
Greetings,
I live in NC and I am looking at a 1973 Ariel that has suffered storm damage.   The boat will have to repowered and the rudder will have to be replaced.  In addition some deck work will have to be done.  When it is all said and done I would anticipate spending at least $4,000.00 on top of the purchase price. My goal would be to buy the boat at around $1,000.00. To repower the boat I would use an outboard motor.
I question whether this would be a good investment or not.  It would be great to hear from this forum as to whether this would be a good investment or if I should just forget it.
Any comments would be appreciated.
Steve C.