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to buy a Reynolds 21?

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(@Sawyeraj)
Posts: 26
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[#1736]

I recently found a Reynolds 21 catamaran for sale. I know a little bit about them but can't really find too much on the internet. I took a look at it and i noticed a few things. The hulls seem to be in good condition, but there are some gelcoat cracks and the interiors have been gutted and don't look too great. I haven't seen the sails or tramp but they're supposedly in fine condition. I'll of course decide that for myself before I buy. What can anyone tell me about these boats? The guy wants 6500 for the thing but that sounds completely outrageous. I think he may let it go for 3000 tho. Is it a sound investment? I'm young and don't have a whole lot of money. I was hoping to buy it and use it for a couple years, fix it up and sell it again. Would I be able to make back what I put into it, considering I put in $1000. What would a 7-8/10 condition Reynolds 21 sell for? I also am having a tough time finding out about parts. Where could I find parts for this boat and where could I find the serial number? Any answers would be greatly appreciated. I took a couple pics too. I'll post when I can. Thanks!


 
Posted : November 15, 2010 10:39 am
(@Sawyeraj)
Posts: 26
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Here are some pictures of the boat. They are not great because I had to use my cell phone for lack of a better camera.


 
Posted : November 15, 2010 11:34 am
(@Sawyeraj)
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Posted : November 15, 2010 11:35 am
(@erice)
Posts: 1419
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my 5 cents

compared to the number of

Edited by erice on Nov 15, 2010 - 03:53 PM.


 
Posted : November 15, 2010 11:52 am
(@erice)
Posts: 1419
Member
 

Error! Invalid authorisation key ('authkey'). T

[quote=erice]my 5 cents

compared to the number of

Edited by erice on Nov 15, 2010 - 03:57 PM.


 
Posted : November 15, 2010 11:52 am
(@robpatt)
Posts: 281
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What do you want to do with the boat?

While it may originally be capable of some decent coastal cruising, it's probably not up for that.

If you want an evening fun boat for a few friends on the weekend, get a nacra 5.8, 18-2, or Hoibe 18.

If you've never sailed cats at all, start w/a hibie 16 or a prindle 16... you simply can't go wrong with them.
And a great starter boat to learn on, while you decide if you learn more about the sport.

regards,
rob


 
Posted : November 15, 2010 12:28 pm
(@Sawyeraj)
Posts: 26
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I own a Hobie 16 and a Laser. I was thinking about using the boat with the University of Delaware sailing team (which I'm a member of) as a regatta boat and fun boat for casual practices. Maybe also used as a camping boat at the beaches over the summer. But I'm also looking for an investment... something I could maybe get a little more money for after its fixed and sold again in a couple years if I don't like it.


 
Posted : November 15, 2010 12:47 pm
(@Sawyeraj)
Posts: 26
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What do people think of the model? Does anyone have experience with this boat and/ or know where to find parts?

Edited by Sawyeraj on Nov 16, 2010 - 10:42 AM.


 
Posted : November 16, 2010 6:23 am
Eric
 Eric
(@mma600psi)
Posts: 247
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I am not very experienced with overhauling boats, but here is some "pearls" of wisdom I can share:

Generally a boat is not an investment, with net gain financially. If you can rationalize that you will put say buy it for 3K put 3K into it over 3 years and sell it for 5K, and write off the 1K as time use then fine thats reasonable.

When pricing anything for my business or other use, whatever I expect for something to cost when finished I factor in at least 30% above that. That will cover you from optimistic worst case scenario and put you more at a realistic figure.

For a boat I would honestly put a 50% cushion for cost.

So rigging, bits and ends estimate $1,000. A realistic figure would be $1,500.....

Thats just the way I like to figure things....


 
Posted : November 16, 2010 7:52 am
Scott Finley
(@smfinley)
Posts: 710
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Typyically boats are a money pit and not a solid investment. If you get a great deal on the boat, do all the work yourself, hopefully you will break even. If you think it is a cool boat that you will enjoy and hope not to loose money on, then it sounds like a good idea. But if you are trying to make money on the boat, might not work out for you. Then again I haven't priced what good condition Reynolds 21's go for. Maybe $3k is a steel for this boat.


 
Posted : November 16, 2010 8:09 am
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