Hello everyone.  I have been a long time lurker as a guest here and just this weekend decided to take the plunge, come out from behind the shadows and create an actual user account.

The information available in all facets of this website is extremely useful and I thank all of those who have contributed to the aggregate.

A bit about me: I grew up in a coastal town in New England and spent a great deal of my youth surrounded by boats.  Fast forward 30 years, I have a wonderful wife, and two small children (7 and 4).  Over the last several years we toyed with the idea of a vacation home by the beach.  Here in New England, that means a cuboidal residency in a glorified tenement building for half a million bucks.

This time last year we decided the boating life was for us.  While a boat could cost half a million bucks if we buy the wrong one, I'll take that any day over buying an apartment 3 blocks from the beach.

We have unanimously fallen in love with the Commander 47.  We have been searching the usual haunts (YachtWorld, BoatTrader, Craigslist and local marinas (before the COVID-19 restrictions).  What we are finding is a very wide swing in asking prices.  Now before I get flamed, I understand pricing follows condition (in most cases), so a vessel that is half-sunk in the harbor will likely have a favorable asking price to another that is a showpiece.  However, what I am seeing is a swing from around $25K to $125K for Commander 45/47s out there.  

I guess my real question, again I know value is a subjective thing, where is the market on these boats right now?  What is the market doing amidst the pandemic?  Any insight would be great, and I thank you all in advance.

John

 

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I would consider the following John Glad you are out of the shadows. I bet many will respond but here is my take on your question and how to move forward.

1. Buy a CC on the CCclassified not from a broker. If you are a member of CC you love these find yachts. No offense to brokers but we all love our Commanders...even though I do not own one right now.

2. I would add the 410, and the 45 ft as well as the 47

3. When you family finds the model you want to seriously consider I would hire Lee Dalen, our past president and is the Gru of all CC to go thru it, prior to making a offer and survey. He will be straight with you. It is not if you will need repairs... but when, and how much that could cost. He does if for a living.

4. As far as value here is the basis in my opinion you should follow:

A. Gas or Diesel

B. Condition

C.Condition

D. Are you buying this for a condo replacement 0r ?

5.Pam Sorenson and family owns Soaring Sun  owns a beautiful 41 on the Mississippi and Matt Cowles has a beautiful CC in Annapolis. Pam is on the Exective board and Matt was on the board and they may be someone tha tcould give you the background on their vessels.

Although I am far from an expert this... I know It is these models are the Best Buy out there for 41-45 or 47 Cruiser today.

That's one die hard CC lovers opinions .

I wish you fair winds and calm seas.

John Heenan

4. 

John,

It sounds like you know what the market is for these boats.  Boats that need $100K of work are $25K and boats that are ready to go are $125K.

A little tongue in cheek.  There really is some middle ground.  Very nice boats can be had from $60 to $90K.

There are people that want high prices for junk and occasionally, there are deals to be had.  It really depends on the motivations of the seller and the condition of the boat.

I second John's comment about Lee Dahlen at Glassic Boatworks.  Once you find a boat you are serious about pay Lee to come out and take a look at it and walk you through what it needs and what it will cost.  Money well spent.  He has helped us out many, many times with a 31 and a 47.  He has become a real expert in maintaining these old boats.

-Darin

Thank you Darin and John - this exceeds what I would have expected for information.  I have bought, sold and frame-off restored many classic cars and know there are good ones and bad ones out there.  Some have shiny paint that easily distracts the eye from the more critical areas.  I know boats and cars are different animals in their needs, but I'm assuming both follow the same philosophy.

With that said, I am very mechanically inclined (built engines, transmissions, etc.) so I'm not scared of doing some work on whatever I buy, I just don't want a "project" boat (i.e. engine(s) is shot, had battery fire - you know).

We are really fixated on the 47 because of the optional 3rd stateroom aft.  We are a family of 4, so two cabins would be fine, but there will come a day where the kids won't want to share a room or they come with a friend in tow.  For those of you with children, I'm sure you can agree that you must keep things such as boating, well, palatable.

I have taken a look online at the one in Maryland which I assume is this one: https://www.yachtworld.com/boats/1969/chris-craft-commander-3587366/

I have also considered looking at this one.  It looks like it was advertised in the classifieds here back in Fall of 2019 (any history anyone could offer would be much appreciated):https://www.yachtworld.com/boats/1971/chris-craft-commander-3617402/

Naturally, I'm in no hurry to jump into anything that isn't exactly what we are looking for, but wiling to jump on something that is.  

Again, thank you all for the information and feel free to keep it coming - I appreciate the help.

John,

I looked at the one in MD. If you are interested in 1st hand impressions I would be happy to share off list.

John,

The Maryland boat, Constant Dilemma belongs to a club member and is a very original boat.  I have seen her on both sides of the Bay over the last few summers and she was at a club rendezvous event at St. Michaels MD a number of years ago.  Maybe you and the owners can work something out.

The '71 in Chesapeake VA has had the interior modified.  For my taste, it's hard to get that to look right.  It always seems to reflect the era it was modified.  I've seen purple countertops in boats from the 80s, etc.  Nonetheless, when it's your boat you can do whatever you like.

Just like classic cars, it's cheaper to buy a boat in the condition you want than to get it in the condition you want.  Unless you have the skills and time to do you it yourself.

We looked at many 47s before buying ours and even paid for engine inspections on a set of Detroit Diesels in a boat we didn't buy.  As Lee and I have discussed many times, paying for an engine inspection for a boat that you didn't buy is the best money spent.

-Darin

Hi Darin,

I will most definitely have reputable Detroit technician do the full evaluation on the engines.  At $2-4K a hole for a major, the hundreds spent on a proper inspection is a no-brainer.

To comment on a previous post, I would love nothing better than to deal with an owner, rather then a broker, but these days the chance of finding the boat you want for sale by owner is slim.

Thanks again for the advice - duly noted.

Darin H said:

John,

The Maryland boat, Constant Dilemma belongs to a club member and is a very original boat.  I have seen her on both sides of the Bay over the last few summers and she was at a club rendezvous event at St. Michaels MD a number of years ago.  Maybe you and the owners can work something out.

The '71 in Chesapeake VA has had the interior modified.  For my taste, it's hard to get that to look right.  It always seems to reflect the era it was modified.  I've seen purple countertops in boats from the 80s, etc.  Nonetheless, when it's your boat you can do whatever you like.

Just like classic cars, it's cheaper to buy a boat in the condition you want than to get it in the condition you want.  Unless you have the skills and time to do you it yourself.

We looked at many 47s before buying ours and even paid for engine inspections on a set of Detroit Diesels in a boat we didn't buy.  As Lee and I have discussed many times, paying for an engine inspection for a boat that you didn't buy is the best money spent.

-Darin

You may be interested in reviewing Dick Morland's search and criteria for the 47' Patty Wagon.  As I remember, early on he decided on the Cummins engines, I think there was a fairly robust discussion of the points.

good luck,

Tim

Hi John,

   Welcome to the forum.   I have the same background, Cars, Boats etc....I purchased our 47 Last year after having a 1986 338 commander as Our first live aboard and we Loved it..

Take a look at my resto posts,  Complete gut job.  3 Bedroom and 2 bath.  Good engines and trans for the base was good.

I have been working almost every day , well now I have been everyday, thanks Covid for the last 10 months..

The PO had taken everything out, disconnected etc, so finding the right parts and getting things together was a job.  I have everything but figuring it all out was time consuming.

I say all this because we are making this OUR WAY, Its not the all wood interior anymore like the 80 -90's look, We added a fireplace, New counter tops and flooring etc.TV, Faux teak, Lots of more modern look.  But we are doing ourselves, So its not going to look like a show boat but we don't care..

Email or call me anytime,  There are a few on the forum forr sale,  High priced and look almost original,  then there are a few in the 25-35k range.  I see one at 100k and interior is not redone, but new engines etc..

Good luck and hope you find what you are looking for...

Rob .  

I'll add one thought to this discussion - old boats are a lot like old cars in that you spend time and money on them because you love them, not just because of market value. And for the most part, they reward you for it in ways that can't be measured in dollars.

There are 47s in both Gas and diesel power. As well as different stateroom layouts, 2 hvac vs 3. Not to mention flybridge vs no.
These will all affect value/price
Cant opine on the Covid effect.
Lee

Bravo Mr Frens

One could not say it better!

Agree with Jim Frens.  I have a 1962 Lincoln Continental convertible (you think boat wiring is scary, look at the retractable top relay logic on these suckers) that I restored for myself.  The hours upon hours of work are met with emotional highs and lows.  Some days you want to kick the dog, other days there is immense satisfaction - such is life I suppose.

Thanks for the info Lee.  I am looking for Diesel, 3 stateroom with no flybridge.  I like the simplicity (and look) of a single helm when it comes to the overall electro-mechanical burden.

The broker for the listing in Chesepeake, VA sent me over the survey from last fall and I reviewed it this morning.  Overall, it looks good, however there is a note that the starboard engine (DD 8V71 N) overheated during the sea trial.  This could be something as simple as a clogged sea strainer, or something much worse.  This may be why it is listed "as-is, where-is" which to me may be a red flag.

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