Are Old Boats Worth Buying?

With new 40-footers topping $800,000, a well-chosen used sailboat may be the smartest buy on the water—here's how to find the right one.

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Scandinavian builders like Hallberg-Rassy consistently top the quality rankings for used cruising boats—but expect to pay a premium, new or used. (Photo courtesy of YachtWorld.com)

Shopping for a sailboat? Whether you are buying your first boat or just making a change, you will quickly come up against the classic new-versus-used dilemma. Even if cost is no object, buying new is not always the right route to go. In the real world, cost is always a concern.

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Designer of more than 100 yachts, mostly sail, including the popular Walker Bay 8. Author of mystery adventure novels. Racing and cruising skipper, including single handed racing, at the Tiddly Cove Yacht Club. Developed one the first Windows based 3D CAD system for boat design, Autoship. Married to a wonderful woman, two children, and first grandchild coming soon.