CD28
Moderator: Jim Walsh
CD28
My wife and I looked at a 1983 CD28 over the weekend, and just fell in love with the boat. It appears to have been very well maintained and was very clean. She's on a lake in North Texas (Lake Texoma). We don't know if she's ever been in salt water. The owner is asking $34,900 (including eight sails). We've done a considerable amount of daysailing, but now we want to move up to a serious boat of moderate length. How out of line is the owner's asking price? How easily is the CD handled by a couple. From what I've read, it sounds like she would be very forgiving. We would appreciate any information from CD owners. How does the CD28 do in light winds?
M.Little@telops.gte.com
M.Little@telops.gte.com
Re: CD28
Take a look at some listing at Soundings at www.soundingspub.com
There are quite of few CD28s for sale. Some are 83-85. They appear to be about $30K.
darenius@aol.com
There are quite of few CD28s for sale. Some are 83-85. They appear to be about $30K.
darenius@aol.com
Re: CD28
An 83 CD 28 that is in good shape could easily go for 30K especially if it comes with extra equipment. A Yanmar motor or similar would help also. A good survey would probably help you decide. I have a 77 CD 28 which I single hand quite often. It has a tiller which helps a lot. My wife and I and our 2 kids (7 and 9) just completed a six week cruise on ours that took us from LAke Champlain down the Erie Canal to Lake Ontario then down the St. Lawerence River and back to Lake Champlain. The boat did very good from 30-35 knot winds to ghosts of a breeze everything went off as planned. The boat sails very well in heavy winds and hoves to nicely. It does very well in light winds if you have a good sized genoa or spinaker. All in all I don't think you could do better. If you have any other questions don't be hesitant to e-mail me at camroll@together.net. Good luckMike Little wrote: My wife and I looked at a 1983 CD28 over the weekend, and just fell in love with the boat. It appears to have been very well maintained and was very clean. She's on a lake in North Texas (Lake Texoma). We don't know if she's ever been in salt water. The owner is asking $34,900 (including eight sails). We've done a considerable amount of daysailing, but now we want to move up to a serious boat of moderate length. How out of line is the owner's asking price? How easily is the CD handled by a couple. From what I've read, it sounds like she would be very forgiving. We would appreciate any information from CD owners. How does the CD28 do in light winds?
Russ
camroll@together.net
Re: CD28
Mike
I looked at that boat at the end of May, and at the time the hull looked kind of rough to me (IMHO). Other boats (not jsut CD's) in the area had better looking hulls and I dont know if anything was wrong with it or not. I did not dwell on it due to the fact that the 35K price was out of my league. I will agree that the owner had a huge inventory of sails and two brand new Lewmar winches (the broker said the orginial were stolen along with the winch islands), they still had the paper on the drum in May.
BTW (I may have my boats confused) there looked to be somekind of damage on the deck forward of the cabin to port. Did you notice any or am I confused. If I am correct, it had obiviously (sp) been repaired.
Bill
willie@clnk.com
I looked at that boat at the end of May, and at the time the hull looked kind of rough to me (IMHO). Other boats (not jsut CD's) in the area had better looking hulls and I dont know if anything was wrong with it or not. I did not dwell on it due to the fact that the 35K price was out of my league. I will agree that the owner had a huge inventory of sails and two brand new Lewmar winches (the broker said the orginial were stolen along with the winch islands), they still had the paper on the drum in May.
BTW (I may have my boats confused) there looked to be somekind of damage on the deck forward of the cabin to port. Did you notice any or am I confused. If I am correct, it had obiviously (sp) been repaired.
Bill
willie@clnk.com
Re: CD28
Bill wrote: Bill
Yes, I think it's the same boat. I also noticed the paper on the winches and the rough, scuffed area on the port side forward of the cabin. I'm trying to get some information now about the boat through the broker. Apparently, it's owned by a doctor in Dallas. We're probably going back up to Texoma this weekend, and we'll take a closer look at the hull and sails then. I don't know how firm he is on the $35k. Being a doctor, he probably doesn't need the money, so he'll probably be pretty inflexible. The broker said he just purchased a new Valiant 40. Thanks for the comments. Do you own a CD Bill?
Mike
M.Little@telops.com
Re: CD28
Like any heavy displacement boat, the boat is slow in light air, but will sail well in "medium" air. You don't need gale winds to have an enjoyable sail.Mike Little wrote: I have a 1983 CD-28 also. The higher price you pay for a Cape Dory will be repaid many times over by the satisfaction, peace of mind and compliments you get from owning a Cape Dory. The 28 is easy to single hand, especially with the club jib.
In my opinion, the price is way high. If I remember correctly, the BUC price for an '83 is $28 to $32K. All sellers think their boat is at the high end, while the buyers think the boat is at the low end. In this market, I would think you should be able to buy it for $28K.
Good Luck,
Tony Jeske
CD28 World Enough
ajeske@@pitnet.net
Re: CD28
I paid about $20,000 for a well maintained '77 CD28. There was lessMike Little wrote: The owner is asking $34,900 (including eight sails).
sail inventory, but $34,900 is a lot.
My wife never sailed before. The boat can be singlehanded... a skipperMike Little wrote: How easily is the CD handled by a couple.
plus any sort of inexperienced crew is more than enough.
True... the CD28 is very seakindly.Mike Little wrote: From what I've read, it sounds like she would be very forgiving.
Btw, light winds have not been a problem for me... the boat's not the
fastest, but will get you where you are going.
103355.34@compuserve.com
Re: CD28
In this month's Soundings the average asking price of four CD 28s is about $21,500. Even adding a premium for your boat's relative newness and good condition, I suspect the asking price for your's is way out of line. But I heartily recommend the boat, if not the price.
My wife and I bought a 1978 Cape Dory 28 about a month ago. We had been thinking about upgrading from our Pearson 26 after frequently bumping our heads against the cabin ceiling. Looking for a boat with adequate cabin space, convenient storage, nice lines, and -- most important -- safety and comfort when far offshore, we found the Cape Dory to be just what we wanted. We sail in Maine, by the way.
I think that Cape Dories in general are the premier bargain of the dozens of used sailboat types on the market, at least for folks who are considering cruising away from home port for more than a couple days at a time. They're excellently designed, solidly built, and expensively fitted (all that bronze and teak!). In an age when the cruising market seems to demand beamy, lightweight hulls designed around living rooms, the Cape Dory stands out as an uncompromised seaworthy sailboat.
I suspect that the reputation for sluggish performance in light air is somewhat exaggerated due to the Cape Dory's lack of acceleration when compared with lighter boats of similar dimensions. But it handles more sail comfortably and steadily.
Good luck with your boat search.
everett@megalink.net
My wife and I bought a 1978 Cape Dory 28 about a month ago. We had been thinking about upgrading from our Pearson 26 after frequently bumping our heads against the cabin ceiling. Looking for a boat with adequate cabin space, convenient storage, nice lines, and -- most important -- safety and comfort when far offshore, we found the Cape Dory to be just what we wanted. We sail in Maine, by the way.
I think that Cape Dories in general are the premier bargain of the dozens of used sailboat types on the market, at least for folks who are considering cruising away from home port for more than a couple days at a time. They're excellently designed, solidly built, and expensively fitted (all that bronze and teak!). In an age when the cruising market seems to demand beamy, lightweight hulls designed around living rooms, the Cape Dory stands out as an uncompromised seaworthy sailboat.
I suspect that the reputation for sluggish performance in light air is somewhat exaggerated due to the Cape Dory's lack of acceleration when compared with lighter boats of similar dimensions. But it handles more sail comfortably and steadily.
Good luck with your boat search.
everett@megalink.net
Re: CD28
We sail an 87 CD28 on Lake Michigan, and think it is about the best small or mid size cruiser out there. The 28 is one of the best sailing boats Cape Dory Built.
Two or three years ago, when we switched insurance, Boat U.S. told us high book on an 87 was 45K.
Williwaw28@aol.com
Two or three years ago, when we switched insurance, Boat U.S. told us high book on an 87 was 45K.
Williwaw28@aol.com
Re: CD28
Mike I also looked at a CD 25D the week we spent scouring texas looking
for Cape dory's.
I found and have just recently (Oct 31st) launched a CD 25D. I believe the guy on Texoma is too high. When I mentioned this to Bob (I think that was his name, I know it wasnt Rick) he said that he had a buyer there who was waiting to sell their boat. There were three CD 28's on clearlake for sale at the time and two of the three sounded as if they were much better boats. One was ocean ready for 29,900 with dinghy and all kinds of electronics. The other was 25K (as I recall) and not as well equiped.
Look around. I think you can beat the price and get just as much boat. Also, I didnot like the way the stereo was installed in the port head bulkhead.
1975 28' 0 CAPE DORY 28 $22500 - TEXAS
/ Cruisers/ Sail/ Fiberglass/ 0/
27 HP engine; 4' draft; full Keel; Main, Clubfoot Jib, Genoa, Cruisair, Carry on A.P.
pier21@pier21.com
CAPE DORY
Higgins Pier 21 Yacht Brokers
Watergate Yacht Ctr, Ste. 1460
Clear Lake Shores, TX
Mike this is one of the boats I was talking about, I did not go look at it after seeing the 25D I finally bought. BTW I tried to email this info to you but it was returned.
Bill
S/V Rhapsody
CD 25D #148
willie@clnk.com
for Cape dory's.
I found and have just recently (Oct 31st) launched a CD 25D. I believe the guy on Texoma is too high. When I mentioned this to Bob (I think that was his name, I know it wasnt Rick) he said that he had a buyer there who was waiting to sell their boat. There were three CD 28's on clearlake for sale at the time and two of the three sounded as if they were much better boats. One was ocean ready for 29,900 with dinghy and all kinds of electronics. The other was 25K (as I recall) and not as well equiped.
Look around. I think you can beat the price and get just as much boat. Also, I didnot like the way the stereo was installed in the port head bulkhead.
1975 28' 0 CAPE DORY 28 $22500 - TEXAS
/ Cruisers/ Sail/ Fiberglass/ 0/
27 HP engine; 4' draft; full Keel; Main, Clubfoot Jib, Genoa, Cruisair, Carry on A.P.
pier21@pier21.com
CAPE DORY
Higgins Pier 21 Yacht Brokers
Watergate Yacht Ctr, Ste. 1460
Clear Lake Shores, TX
Mike this is one of the boats I was talking about, I did not go look at it after seeing the 25D I finally bought. BTW I tried to email this info to you but it was returned.
Bill
S/V Rhapsody
CD 25D #148
willie@clnk.com
Re: CD28
Bill, I am truly impressed with your memory and recall. The broker up at Texoma was indeed Bob. He kept telling me that he had never sold a Cape Dory at or below book value. Sounds like he knows the owner will not be willing to come down much on his price. I did go look at the listing of CD's on the Soundings webpage and saw the same boat you listed in your message. There were also 18 other CD28's listed, most of which are located in the east. It looks like I may have to look out of state if I want to buy a CD28. I'm not quite sure how to pursue a boat search out of state. Many of the boats that I looked at last Saturday on Lake Texoma were listed as "clean" or "ready for sail-a-way", but were in fact in terrible condition, filthy and some were damaged. I'm afraid I might find the same thing, no matter where I go. Has anyone else purchased a boat out of state? What are the mechanics? It's quite a way from Dallas to Annapolis. Bill, thanks for the additional information.
M.Little@telops.gte.com
M.Little@telops.gte.com
Re: CD28
Mike
Dont give up! Keep looking, even in the clasifieds from papers along the Gulf Coast & Soundings. If you can find one semi-close, you can haul it yourself. There is a yacht mover who has a boat in my marina, and he charges 3 or 4 dollars per mile (4 if excort car is required). For that kind of cash, you could have a custom trailer built, rent a truck (or borrow) and move it yourself (that of course depends on the distance of the haul). By doing that, you have also increased the value of your boat with the addition of the trailer. A custom trailer for my 25D was about #3500. One for th 28 would be somewhat more, but still doable (IMHO).
I really beliwve you can beat the Texhoma price. Keep looking. Or for that matter spend 275-300 dollars (not including haul out), have the boat surveyed, and make the owner an offer that you feel is fair.
I will tell you this much. The previous owner of Rhapsody came down a BUNCH!!!!!!! 40% of his asking price. I think I could have gotten her for a little less (not much), but I am pleased with the deal!!! If the Texhoma sell came down that much the boat would sell for 21K!!!!! You never know. Have cash (at least arranged) and make an offer with a large cash earnest money (after the survey). This tells the seller you are serious.
Bill
S/V Rhapsody
willie@clnk.com
Dont give up! Keep looking, even in the clasifieds from papers along the Gulf Coast & Soundings. If you can find one semi-close, you can haul it yourself. There is a yacht mover who has a boat in my marina, and he charges 3 or 4 dollars per mile (4 if excort car is required). For that kind of cash, you could have a custom trailer built, rent a truck (or borrow) and move it yourself (that of course depends on the distance of the haul). By doing that, you have also increased the value of your boat with the addition of the trailer. A custom trailer for my 25D was about #3500. One for th 28 would be somewhat more, but still doable (IMHO).
I really beliwve you can beat the Texhoma price. Keep looking. Or for that matter spend 275-300 dollars (not including haul out), have the boat surveyed, and make the owner an offer that you feel is fair.
I will tell you this much. The previous owner of Rhapsody came down a BUNCH!!!!!!! 40% of his asking price. I think I could have gotten her for a little less (not much), but I am pleased with the deal!!! If the Texhoma sell came down that much the boat would sell for 21K!!!!! You never know. Have cash (at least arranged) and make an offer with a large cash earnest money (after the survey). This tells the seller you are serious.
Bill
S/V Rhapsody
willie@clnk.com
Re: CD28
Mike:Mike Little wrote: Has anyone else purchased a boat out of state? What are the mechanics? It's quite a way from Dallas to Annapolis. Bill, thanks for the additional information.
Purchasing a boat away from home may be a pain, but if the cheap boats are back east, that may be where the bargains are.
My wife and I bought our CD27 on Cape Cod (we live in Boston), but the same issues apply: hire a local surveyor (or send yours to see the boat, do the deal by remote control, and pay for hauling to your home port.
Bill has the right idea - build a trailer for the boat if you find a good one. If that is too ambitious, a boat-shipping broker should be able to give you a deal if you don't particularly care when the boat arrives.
Finding the boat is something else altogether. My folks (powerboaters, but they're family) have been looking for nearly a year. They exhausted the south Florida market - I have no idea how - and started looking in New England this summer.
Things they have found helpful:
-the right broker
-RECENT (yesterday) photographs or videotape
-rely on friends and family to "preview" boats
-www.soundingspub.com
If you spot any boats in Boston or hereabouts, let me know and I will happily send you a roll of film.
-Duncan Maio
s/v Remedy
dmaio@worldnet.att.net
dmaio@worldnet.att.net
Re: CD28
On a different topic, I spoke to a broker at Triton Yacht Sales in Oriental, North Carolina and he says they see lots of Cape Dory's comeup for sale there. He said they were an original seller of Cape Dory's before they went out of business. They currently have 2 CD 30's for sale. I've never seen a CD30, are their big differences between the 30's and the 28's? I don't want to raise a ruckus, but which boat sails better?Bill wrote: I hate to monopolize the bulletin board like this....and I promise that this will be my last message for a while. I have a general question regarding the sequence of events. Since I haven't purchased a boat of this size (either in $$$'s or in feet), when do you arrange for the boat survey? The broker on Texoma told me last Saturday that you make the offer prior to having the survey done. The offer is then made contingent upon the boat being surveyed and being found free of any material structural problems. If the survey finds problems that the seller won't fix, then the buyer has the option of backing out of the transaction and receive his ernest money back. I guess it's a lot like purchasing a home. Is that the process??? Or do you have the survey done first, then make the offer?
Finally, I just want to thank everyone who has been so kind as to respond to my messages over the past few days. I hope my questions haven't sounded too stupid. I'll let you know what develops...
Mike
M.Little@telops.gte.com
Re: CD28
Mike:Mike Little wrote:Bill wrote: The broker on Texoma told me last Saturday that you make the offer prior to having the survey done. The offer is then made contingent upon the boat being surveyed and being found free of any material structural problems. If the survey finds problems that the seller won't fix, then the buyer has the option of backing out of the transaction and receive his ernest money back. I guess it's a lot like purchasing a home. Is that the process??? Or do you have the survey done first, then make the offer?
The normal sequence is offer, survey, maybe sea trial, purchase - just as your broker suggests. The contingency for the survey, however, should not be limited to "material structural problems" or any other qualifying language -- make it subject to "a survey that is satisfactory in the sole discretion of the buyer." And don't give the seller the option of making repairs - you can make that decision after the survey, and it may be advantageous to lower the price and make the repairs yourself.
Particularly in your case (where the surveyor may find no real problems, but opine that the boat is worth between $22,000 and $25,000) you want to be able to blow the deal up based on anything the surveyor says that changes your mind. Of course, don't tell the surveyor what you have offered for the boat.
-Duncan Maio
s/v Remedy
dmaio@worldnet.att.net