No one lists the cost of there restoration why??

lakelover

Rear Admiral
Joined
Mar 26, 2003
Messages
4,386
Re: No one lists the cost of there restoration why??

I'm working slow and as mentioned above, when money runs low, it's not over, just on hold for a while. My project has morphed more than once and my end goal has changed from when I set out, and will probably change again depending on the variables run into along the way and stuff you never even knew existed when you started out.

I'm keeping pretty close track of what I'm spending and will post the total when I'm finished. But it could be a pretty long wait for that.:D:D
 

werthert

Petty Officer 1st Class
Joined
Jul 4, 2009
Messages
209
Re: No one lists the cost of there restoration why??

I wish I had the skills to restore a boat, but no way that's gonna be acquired.

If I could though, I would.

Other than a professional shop, who would track those things? Restoration is about the process, not the end result.
 

werthert

Petty Officer 1st Class
Joined
Jul 4, 2009
Messages
209
Re: No one lists the cost of there restoration why??

I thought the end result is why people restore their boats:confused:

We're talking restoration, not fixing. Well, at least I thought we were. ;)

I see restoration as akin to taking a car down to the frame, or pretty close to that effect. Now if you are a shop making money, fine. But if you are doing it as an individual aka labor of love, it's gotta be about the process.
 

Miranda

Cadet
Joined
Jul 13, 2009
Messages
17
Re: No one lists the cost of there restoration why??

I think your looking for an answer your not going to get.
Resto's are not cheap, buying new is not cheap.
When you do a resto (because it is built to spec on what you want) the sky is the limit. What you like and what I like is two different things, so the cost is always variable.
Ex. Lets say your going to re-do your transom. I put three layers of 3/8 ply when other's may of used only 2. I also layed 4 layers of fiber cloth. when others may of put 2. ( considering it's a stringer drive, no load on the transom). So what I will tell you in Resin & cloth cost, compared to what someone else will is completely different.
It is never going to be a round about, simple number.
 

eaglejim

Lieutenant Junior Grade
Joined
Feb 2, 2008
Messages
1,006
Re: No one lists the cost of there restoration why??

I think most of us that restore do it for the love of fixing it,making it our own,and might bring us back in time a little bit.I bought mine for 300.00 and put 1200.00 in it and the day my Dad came to the lake and we went in the boat to get that darn Sunday paper at the marina made it all worth it.Heck he probably would have been happy in a row boat,but he told me it was like the old days---------PRICELESS:D
 

BWR1953

Vice Admiral
Joined
Jan 23, 2009
Messages
5,882
Re: No one lists the cost of there restoration why??

Don't plan on doing a restoration in order to save money, because you won't. And you cannot correctly compare end costs of a "restored" boat to the price of an equivalent new boat. Apples and oranges.

If you want to save money, buy a used boat that has been very well cared for and is reliable. Then just use the boat and enjoy!

Another way to save a little money is to buy a good working boat that needs some cosmetic repairs or maybe some accessory upgrades and either do those or don't.

However - a full up restoration where you take the boat down to the basic structure then rebuild from the ground up is gonna cost you plenty.

If you DO go the restoration route... think of it this way:

Spend $500 for a project boat.
Spend another $1000 for tools.
Then add $5000 in materials and supplies for the resto job.

You now have $6500 in the boat and if you're very, very lucky you'll find out at the end of the job that an identical boat in 95% condition of your completed project is available on craigslist for $3000 and ready to go.

If you're NOT lucky... you'll find out about that other boat when you're 1/2 way through your restoration job! Then, you'll get dispirited, sell your project at a huge loss and move on with life.

As has been said... a restoration is about enjoying doing a project, not about saving money.

Best of luck to you no matter which way you go.
 

wca_tim

Lieutenant Commander
Joined
May 28, 2007
Messages
1,708
Re: No one lists the cost of there restoration why??

denial?

fear that wives or girlfriends might figure out it's us?

don't want others to think we're idiots?

take your pick...
 

gore

Seaman Apprentice
Joined
Sep 17, 2009
Messages
43
Re: No one lists the cost of there restoration why??

This thread is popular lol ok so lets go back to the beginning the cost is not important to me just really curious how much people spend on restoring a boat and want to know as much as possible in how to restore the boats thats all thats it.

I love building things, using my hands to create and fix things which is why I want to restore a boat so yes I can be proud of my work and love her more then if I would have bought her new.

I'm also talking about the basic things that seems to be replaced or fixed on all restorations and not the extra toys that you have added to the boat hence the material list so one could cross out what he would not want or need.

I'm sure it's really nice to have deep pockets, but I don't and that's why I fix, build, or restore the things I want. It's fun, and it's a hobby.

I think it's awesome that some one buys a crappy boat and turns it into a brand new looking beauty and then tell the world that it only cost you 300 bucks for the boat and 2000 dollars to restore it nothing to be embarrassed about; that's awesome.

Oh well really no reason to talk about this anymore maybe some one will own up and do a full evaluation of there restore hell maybe that person will be me!!:D
 

nitsuj

Chief Petty Officer
Joined
Jul 22, 2003
Messages
483
Re: No one lists the cost of there restoration why??

This thread is popular lol ok so lets go back to the beginning the cost is not important to me just really curious how much people spend on restoring a boat and want to know as much as possible in how to restore the boats thats all thats it.

Spend some time in the restoration forum. All the info you could ever want on boat restoration there.

I'm also talking about the basic things that seems to be replaced or fixed on all restorations and not the extra toys that you have added to the boat hence the material list so one could cross out what he would not want or need.

Well, it's not hard to figure, really. But it varies a lot. Take a look at your boat, or one you'd like to buy if you don't have one yet. Then let us know what it needs and you can get a general expense. For instance, a new floor is pretty common in a restoration. But are you looking for an aluminum boat, or a glass one? The price of floor replacement is vastly different between the 2. Does your boat need a new transom? Stringers? Foam? There are so many variables.

I'm sure it's really nice to have deep pockets, but I don't and that's why I fix, build, or restore the things I want. It's fun, and it's a hobby.

I'm in the same boat, so to speak. I don't have unlimited funds, by choice. I have more than I spend, but I prefer to do restorations on a budget. It forces me to be resourceful and do more of my own work. To a point. Some things need done right regardless of price.

I think it's awesome that some one buys a crappy boat and turns it into a brand new looking beauty and then tell the world that it only cost you 300 bucks for the boat and 2000 dollars to restore it nothing to be embarrassed about; that's awesome.

That's the myth of boat restoration. Depending on the size of boat in question. If you buy a boat for $300, $2000 isn't going to turn it into a beauty. Unless we're talking about a small aluminum boat. If you buy a mid to large sized fiberglass boat, you can blow a grand easy just doing the floor up right. Another grand can easily go into an engine. And we haven't even covered seats and fiberglass repair. Plus whatever the trailer may need. It's not always cheaper to buy a boat that needs restored. When I'm done with my 67 Johnson, I'll have spent an amount I could have easily spent on a used runabout of similar size in running condition. The severe downside, in my opinion, is that old boats, with few exceptions aren't really worth anything when restored. There isn't a lot of 1967 Johnson Surfers left. And mine has to be in a small group of nicer ones in existence. If I had almost any model car of the same year, in similar condition, and as rare, it would be worth 10 or 20 times what my Johnson is worth. I'll never be able to sell my Johnson for what I'll have into it. (Not that I care) And no one will ever stop me on the river to marvel at how good my Johnson looks. (This is sounding pornographic) In the boating world, old boats are just old boats. They don't get the respect of cars. It's just an old boat. Most folks won't call it a "classic" like they would if I had a restored 67 car or truck. Sure, if you manage to find an old wooden Chris Craft and restore it (which I'm in the market for), you have something people will call a classic. But you want to talk about high restoration costs? Sheesh.

Oh well really no reason to talk about this anymore maybe some one will own up and do a full evaluation of there restore hell maybe that person will be me!!:D

It will have to be someone other than me. I just haven't kept good enough track. And my current boat would be a bad example anyhow. It didn't really need a full restoration. I'm just prettying it up. It was in pretty good shape when I got it. I can tell you this, it didn't need a floor, or transom or any major engine work. But I have at least $1000 and lots of hours into just making it reliable. Carb rebuilt, all fluids changed, some wiring, odds and ends stuff like that. It's all small stuff, but it adds up.

And this is all assuming you have the tools. I'm an ex-mechanic, so I have a full complement of tools in my garage. If I had to buy the tools I need.... WAY more money.
 

Lion hunter

Lieutenant Commander
Joined
Apr 9, 2005
Messages
1,529
Re: No one lists the cost of there restoration why??

The link below my signature is my restoration. I tracked all the costs just for information and not to turn a buck. But this was a straight forward 16' tinny with a running motor. I just bought a cover and still need seals for LU and front seats so there is another $250-300 to add on.
 

ezmobee

Supreme Mariner
Joined
Mar 26, 2007
Messages
23,767
Re: No one lists the cost of there restoration why??

That's the myth of boat restoration. Depending on the size of boat in question. If you buy a boat for $300, $2000 isn't going to turn it into a beauty. Unless we're talking about a small aluminum boat.

Or a large aluminum boat :) Key here being aluminum boat......
 

Rickairmedic

Commander
Joined
Apr 24, 2009
Messages
2,576
Re: No one lists the cost of there restoration why??

I dont want to know what I have in the current one as it might stop me from the next one :D.



Rick
 

DavidW2009

Petty Officer 1st Class
Joined
Sep 12, 2009
Messages
272
Re: No one lists the cost of there restoration why??

IMO, approach a restoration with the objective of breaking even, or close to it, if you had to sell the boat.

Buy a boat that holds its value better than others, and buy it cheap.

(I have noticed some Sidewinders can be bought cheap and sold high. It's a "cult" boat. With the right metal flake paint job, it may bring what you have in it.)

Keep a boat logbook to track expenses and what was done to it. This will impress any potentional buyer.
 

mddubya

Petty Officer 2nd Class
Joined
Aug 25, 2009
Messages
150
Re: No one lists the cost of there restoration why??

Nothing about boating is cheap. Not ownership, restoration, repairs, nothing!

I knew this going into it. My Dad had always owned boats till his health didn't allow him to get out on the water by himself anymore. When I got ready to buy my boat, my 1st one I'd ever owned myself, he gave me 2 pieces of advice.

1) A boat is a hole in the water you throw money into!

2) If you have to ask, you probably can't afford it!

Both of these apply to not only boat ownership, but to restoration and repairs.

I didn't go into my restoration blindly, thinking I was going to save a bunch of money. Granted, I'll be spending it over a period of time compared to ponying up a down payment and then making monthly payments. I'm doing it because I love the boat I have now. To me it has way more character than the newer boats. And apparently I'm not alone in thinking that. Every time I take it to the lake, my friends who all have newer ski and wakeboard boats always want to go out in mine at sometime during the weekend.
 

witenite0560

Petty Officer 1st Class
Joined
Sep 6, 2008
Messages
216
Re: No one lists the cost of there restoration why??

In my opinion, the costs involved aren't really that important. Though I would hope if or when I sell it, I'll at least break even. But, that's why I found an old, thick, fiberglass hull that was sound and not a newer, cheaply made, sandwich hull. The enjoyment and relaxation I get from working on it, improving it and seeing the finished project is the real benefit, to me. It's also nice to get some comments dockside. I don't really track what I spend on it. But, I have rough figures in my head and I've spent less than it's worth. Of course, that doesn't count the sweat equity, but I figure that's a wash with the enjoyment I get out of the work and the use of it.
I think unless you're a pro, who is just doing restorations for a living, it's the joy of bringing the ol' girl back to life and seeing her sparkle and turn heads on the water. That's really what you get out of it.
 

pduquette

Ensign
Joined
Jun 22, 2007
Messages
999
Re: No one lists the cost of there restoration why??

I got my boat motor and trailer for free . Since then I have kept every recipt in a large work boot box . From every S.S nut , to wiring harness , to electronics . So far I've only opened Pandora's box to add another , so i don't
have a good total .
Maybe if there is a blizzard I'll figure out how to do an excell spread sheet to plot how much per year for motor /boat/ electronics etc. But for now I got a unique boat , that is fun , works good , and is almost set-up the way I want it . Can't put a price on that . have held on to it when I was poor - not that I'm rich now - and I spend what I can when I got it to spend .
I work ; then spend my time workin on the boat ,making music , taking care of my 83 yo mom . Other "hobbies" would spread me too thin ....:rolleyes:lol I could use a 'lil thinning :D
peter
 
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