1990 Cabo Rico 38 "Avalon", Everett, Washington
View listingAbility analysis
Everything below is costed to cross the Pacific.
Specifications
—
not analysed
$225k–$240k
offer + full refit
38 ft
5 ft
6.7 · 6.9
cruising · offshore, of 10
Capability is scored for both standards from the same design research, re-weighted. The money is not: a coastal refit has to be costed on its own, which is why it can read “not analysed” above while the score beside it is real.
Assistant's read — an opinion, not a source
- Compact heavy-weather cutter with a nearly new engine and strong passage numbers for its size.
- Period stainless and cockpit core make invasive inspection non-negotiable, and eight systems remain unassessed. Lying in Everett, so a delivery leg applies.
- Good design fit; the diligence is all ahead of you.
Costed to cross the Pacific.
Finance
At the asking price. Drag down to model a lower offer.
Sign in to change the offer.
each line × its odds
slip $6k · ins $3k · tax $2k
offer + full refit
Worst case, every line landing in full: $94,987. Planning figure is the likely cost above; this is the tail, not the expectation.
Resale
The gross figure flatters: Australian duty and GST fall due on sale, and brokerage is charged on the sale price.
$169k
in Australia, gross
$23k
on sale, not arrival
$17k
on the sale price
$130k
what actually comes back
$56k
incl. $14k CA use · $2k CA property/yr
$160k–$170k
cash gone once sold in AU
Where the money goes
- Purchase $145k
- Use tax $14k
- Refit $74k
- Risk $13k
- Unknowns $23k
- Holding $20k
- AU import $23k
- Purchase
- $144,900
- CA use tax
- $14,490
- Required refit
- $66k–$83k
- Risk, expected
- $13,400
- Unknown reserve
- $23,416
- Holding
- $19,506
contemplated offer
14 items still unpriced
3 open · $190k if all hit
systems not yet looked at
slip $8k · insurance $3k · tax $2k
- Cash to Pacific-ready
- $258k–$318k
- All-in by Australia
- $294k–$354k
- Net after resale
- $160k–$170k
assumes $169k resale
Where to open
Asking price less $35,640 — the negotiable share of $46,000 in disclosed and suspected defects plus $13,400 of weighted risk. Offshore upgrades are excluded on purpose: a watermaker and a liferaft are your ambition, not the seller's problem, and the next buyer wanting a Bay daysailer would pay near the ask.
- Negotiable defects
- $35,640
- Weighted risk
- $13,400
- Max at high case
- $58,076
from $46,000 of defect work
3 still open
the ceiling, never an offer
Schedule
A boat that cannot be ready is not cheaper, it is a year late.
How much of this is actually known
A boat priced from guesses is a different risk from one priced from quotes, at the same total.