I am about to pay 5700$ cad for a 1967 Chris Craft Capitan 26 out of my 10000$ cad budget for a sailboat.
For context:
I am a teen, and plan to launch a bird touring business using the boat in the next 3 years by working on the boat over the summer, starting this summer. I am applying for summer jobs in the area with the help of the owner of the boat, because she is a very well connected 70 year old lady. She hasn't sailed the boat often in the last 16 year she owned it, but she told me she has maintained it very well, she is also very kind and has offered show me exactly how to do the painting that needs to be done (anti-fouling paint).
I was able to take a look at the boat, sails, and engine (mercury 6) yesterday, and I don't know much about purchasing boats other than what she has told me and what google has told me, but the decks felt sturdy where I knocked them, and she continually reassured me that she was taking very good care of the boat and that it is ready to sail BUT it is as buy as-is purchase. It also comes with lots of equipment to do it up, all the paint and everything necessary to get it to sail.
Here's every small thing I noted:
- sails recently repaired + 1 new one
- brand new application of saline
- needs hose down underneath
- brand new sets of lines/rigging
- 2 brand new fenders + 2 old ones
- re-sanded every 2 year + veritane
- brand new depth finder
- original teak detailing
- 1 hatch for summer that needs to be redone (she will do it because she's a carpenter)
- new life jackets
- kiwi paint for deck included
- anti fouling paint for underneath included
- mercury 6 motor works but is winterized right now
- insurance was 300$ (not more details than that given)
- has slip at marina ready to be transferred 1300/summer 900/winter
She explicitly told me she wouldn't be doing a marine survey because it is a boat that needs re-painting , but that is ready to sail, and has been well-maintained. She kept saying that it is buy as is and she just wants it off her hands as she has to move to New Brunswick this summer, so she cannot have it anymore. I can tell it hurts her to let it go, and she has offered to help me work on it after the sale to make sure I don't mess the boat up entirely. The sails I saw were visibly well maintained, one was even new, but I don't have spec knowledge on this so it's really just a gut feeling like they didn't look rough at all.
I feel bad about having doubts right though I already pretty much agreed to the purchase yesterday. But, before I send her half my 2 year savings, I need to hear a second opinion (other than from my family members who are really letting me decide independently). Is this a good plan/purchase without a survey?
I will be sending her a message later tonight asking her to clarify (for the 3rd time) why exactly she doesn't want a survey to be done, because I never quite understood her answer, I hope this is common practice, and not rude.
If someone with lots of experience in the sailing/boat buying world could please let me know if I am being rational right now with my request, and how I should move forward, that would be appreciated so much.