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Considering a boat project, is it worth it?

Posted on 3/27/14 at 12:16 pm
Posted by TheDrunkenTigah
Baton Rouge
Member since Aug 2011
17302 posts
Posted on 3/27/14 at 12:16 pm
I'm tossing around the idea of buying a bare aluminum hull, probably center console in the neighborhood of 20ft. From there I would rig it out from the ground up. Steering, electrical, hang the power, etc...

Digging on the internet makes it sound like a bad idea for two reasons. First off, the work is really tricky and frick-ups will happen, adding to cost and time. Second, boat builders get whole-sale discounts and by the time I'm finished I'll have spent more than I would have just buying new. The consensus is that your time and money is better spent waiting for a deal on something used. Here and there though, there's a guy who says he did it and now knows his boat inside and out, and it was worth it.

On my end, I have pretty good mechanical skills (but very little experience working on boats) and time wouldn't be an issue. This wouldn't be something I'd expect to happen quickly, more like a project I could do after work and weekends until it's done. Has anyone attempted something like this?
Posted by JPLIII
Broussard - terd supporter
Member since Jan 2008
22630 posts
Posted on 3/27/14 at 12:17 pm to
quote:

is it worth it?


Only if the satisfaction you get when its done is what's important, and not the time and money it'll take.
Posted by Langston
Member since Nov 2010
7685 posts
Posted on 3/27/14 at 12:20 pm to
quote:

Only if the satisfaction you get when its done is what's important, and not the time and money it'll take.


Agree, sounds like you've thought it through and know what your getting into. At least as much as you can without experience. So your talking about buying one stripped new and not an older one and stripping it, correct?
Posted by Fishhead
Elmendorf, TX
Member since Jan 2008
12170 posts
Posted on 3/27/14 at 12:20 pm to
If I were going to do it, I'd be a (very) used hull for dirt cheap and restore it, making mods to my specs.

Also, I'd probably buy a fiberglass hull to restore before an aluminum, but that's just a personal preference I have for my own fishing techniques.
Posted by TheDrunkenTigah
Baton Rouge
Member since Aug 2011
17302 posts
Posted on 3/27/14 at 12:21 pm to
That's an important part of it, and the time doesn't matter to me, but I was really surprised to read that the cost can be worse than buying a new boat. Is it really that bad?
Posted by NYCAuburn
TD Platinum Membership/SECr Sheriff
Member since Feb 2011
57002 posts
Posted on 3/27/14 at 12:22 pm to
quote:

Only if the satisfaction you get when its done is what's important, and not the time and money it'll take.


All of this. Just remember it will probably be your boat for a long time, or you are going to get hit really hard on selling it. because no one wants to buy a boat built by you.
Posted by TheDrunkenTigah
Baton Rouge
Member since Aug 2011
17302 posts
Posted on 3/27/14 at 12:23 pm to
quote:

So your talking about buying one stripped new and not an older one and stripping it, correct?


Correct. I wouldn't be opposed to buying used but I have zero means to fabricate aluminum so that would scare me. I figure with a new hull if I can in over my head I can sell it as is and won't be out the entire cost.
Posted by TheDrunkenTigah
Baton Rouge
Member since Aug 2011
17302 posts
Posted on 3/27/14 at 12:26 pm to
quote:

you are going to get hit really hard on selling it


Not a huge concern, and a big reason why I want to go aluminum. If I did this I'd have no intention of selling it.
Posted by JPLIII
Broussard - terd supporter
Member since Jan 2008
22630 posts
Posted on 3/27/14 at 12:27 pm to
quote:

That's an important part of it, and the time doesn't matter to me, but I was really surprised to read that the cost can be worse than buying a new boat. Is it really that bad?


I'm not discouraging you from doing it, but I anticipate, and it won't take long, where even though you've given it thought, you're going to say "what the hell did I get myself into?"
Posted by MrCoachKlein
Member since Sep 2010
10302 posts
Posted on 3/27/14 at 12:32 pm to
It's fun, and expensive

Posted by TheDrunkenTigah
Baton Rouge
Member since Aug 2011
17302 posts
Posted on 3/27/14 at 12:44 pm to
Looks like you started from scratch, what's next?
Posted by RingLeader
Slidell, LA
Member since Jan 2007
1046 posts
Posted on 3/27/14 at 12:46 pm to
There is no money to be saved in project boats. And the project literally never ends if you are into perfection. If you would rather spend your weekends working on the boat rather than fishing/boating, then get a project boat.

If you treat a boat rough and use it as a tool, then maybe a project is OK. Make it structurally sound and functional (still will cost a bunch in the end) and go fishing.

I've done more than my fair share of project boats. I still have one of them. And the project never really ends.

Posted by MrCoachKlein
Member since Sep 2010
10302 posts
Posted on 3/27/14 at 12:48 pm to
I just helped with it, I haven't been back down in a while so I have no idea how far along it is at the moment.
Posted by Shexter
Prairieville
Member since Feb 2014
13816 posts
Posted on 3/27/14 at 12:52 pm to
I'd rather be fishing than spending time fixing/building a boat..
Posted by TexasTiger01
Lake Houston
Member since Nov 2013
3215 posts
Posted on 3/27/14 at 12:52 pm to
quote:

I've done more than my fair share of project boats. I still have one of them. And the project never really ends.


This, I've done older Allisons and Hydrostreams before. They consume all of your spare time and your always tinkering with them. I am now a turn key guy, when I buy something all I want to do is turn the key and enjoy.
Posted by Captain Rumbeard
Member since Jan 2014
4011 posts
Posted on 3/27/14 at 12:58 pm to
There is no such thing as a free boat. And 'fixer upppers' a lot of the time are more expensive than if you bought one that's ready to go.
Posted by TheDrunkenTigah
Baton Rouge
Member since Aug 2011
17302 posts
Posted on 3/27/14 at 1:02 pm to
quote:

There is no money to be saved in project boats. And the project literally never ends if you are into perfection. If you would rather spend your weekends working on the boat rather than fishing/boating, then get a project boat.



This was echoed a hundred times in what I read. Shitty thing is I'm the type that would always be fooling with it and never let it just be done. Y'all aren't doing a very good job of talking me into this...
Posted by TBoy
Kalamazoo
Member since Dec 2007
23576 posts
Posted on 3/27/14 at 1:15 pm to
Don't mess with a bare aluminum hull. Get a 25 foot Mexican Imemsa panga in Matomoros, Mexico and get a local shop to rig a 90 hp tiller on the back. The Imemsa panga 25 hull sells for approximately $4,600. If you wanted to fancy it up you could add a floor, a console and a T-top for about $2k more. Then you'd be fishing the rigs in the tried and true drug runner and Somali pirate boat. Save you time and money.
Posted by bayoudude
Member since Dec 2007
24940 posts
Posted on 3/27/14 at 1:25 pm to
It isn't hard to rig a boat but you are right in that the dealer can get components much cheaper than you can buy them retail unless you have a company or work for one that can buy wholesale from a place like Donovan Marine in NOLA then you can save some serious $$$. Hardest part will be hanging the engine as you will need access to a fork lift or chain hoist. 12v electrical isn't hard and most things on a boat can be mounted with moderate mechanical knowledge. Much harder to built the hull than rig it.
Posted by Fishhead
Elmendorf, TX
Member since Jan 2008
12170 posts
Posted on 3/27/14 at 2:07 pm to
quote:

Hardest part will be hanging the engine as you will need access to a fork lift or chain hoist.
Can be rented for $20/day.
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