this post was submitted on 03 Mar 2025
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They're not that expensive, at least not up-front. A guy I know bought a sailboat for a few thousand dollars, but the catch was that it was almost 50 years old and needed a lot of repairs. He saved money by doing the repairs himself, but the $400 per month slip fee was still too much for him eventually and he sold the boat.
I picked up a fifty year old English built sailboat (Westerly Centaur) for all of $500. My local yacht club (more a working man's boat club than the posh social group that the name suggests). Prior owner fell up on hard times in the middle of a refit and stopped paying storage fees. I picked her up from the club after they placed a lien on it. Since the club is full of powerboat owners, none of them were interested in buying a sailboat.
I'm working to finish the refit, doing the majority of the work myself. Helps that the club fees about to about $1100 a year. $400 a month would be excessive if I weren't living on the boat full time... And refitting a boat while living on her sounds like a miserable experience.