3 Feb
2005
3 Feb
'05
5:51 p.m.
I recently bought M15 #172 for $3,500 with a rusted out trailer. I took the boat out and it sailed so well I bought it on the spot. I bought it on the spot because four people came up to us while launching to ask if the boat was for sale. The boat needed a lot of clean-up and teak re-furb. I have spent about $1,000 in clean-up trailer welding and painting plus about 60 hours of my time. Some said the boat value was around $1,300 according to a valuation book. The true price is what you are willing to pay for it. I'm happy with my purchase. If your bidding on the E-bay Monty, I would not go over $3,000. I stopped at $1,200 because I was looking for a steal. Norm M15 #172 Ventura, CA