[Yanmar Exhaust Elbow]

2gm20

[Yanmar Exhaust Elbow]

Just had it replaced after about 5 years. $1100 including 6 hours labour at 95 plus gst.

[Power and a bottle of wine]

6 is the temp for beer. Many places keep their white wine in beer frigs which kills the taste. The recognised standard for white wine is 14 c. The difficulty can arise in keeping it at that on a warm day. That is where an ice bucket comes in to hold the temperature not chill it. Typically if a bottle has been in a frig for any length of time it needs  20 minutes or so to warm from 6 to 14.

[Niave newbie questions]

A new 32' would probably be about 500K inclusive of tax and fitted out for blue water. Small wonder that even forty years or so ago that was unaffordable for most. More common was an 18 ' trailer sailer which even so probably cost two years average wages.

now you might buy a 32-38 in the given range of 40-70k. Nearly all boats require ongoing maintenance and periodic replacement of expensive items, sails rigging, motor, electronics etc. A pristine boat will be rare and at a premium. Typically some sweat equity will be required. The purchase price is one thing, but a substantial allowance for ongoing costs should be made.

[Has anyone bought overseas and saved big $?]

This reminds me of 5 kids and a boat on another site - got a lot of people going.

[2nd hand yacht prices = ridiculous]

There are various reasons why boats don't sell. Some being the running costs, the lack of time to use them and lack of money, and declining interest in sailing. Some buy simply on price or looks. they may not be too knowledgeable. Also different boats suit different people.

In my limited experience not just with boats some prospective buyers don't have the money they can't afford it. Some will only buy if it is a steal. A few perhaps the more knowledgeable know enough to pay a fair but not excessive price. A satisfactory outcome is one both are happy with or at least can live with.

In the case of boats it seems to me that prices have dropped 30-40 % over 6 years or so. As to value that rather depends on the hidden costs both of desired extras and repairs which may not emerge for a year or so.

No doubt some sellers and buyers are unrealistic but simply cutting the price to a steal level may neither help nor be warranted. Especially if one also buys again.

[Cruising and NZ Super]

I suspect the prosecution or reclaiming of money received from an estate referred to earlier relates to  benefit other than NZS.

On an invalids benefit or DPB etc one has to declare any other income which is then pro rata taken off the benefit. The catch is income is defined by statute as any money  or other benefit received. This was meant to cover such things as subsidised housing. It also was meant to limit the benefit income to cases where there was little or no other income, that is not just salary or wages but say investment income.

An anomaly arises in say making a bank withdrawal one receives money but it is just a transfer from previous savings so nothing is received. If one sells shares one receives money so presumably that counts. A further anomaly is that if one receives a private pension that is income whereas in fact it is a drawing on funds from previous savings and the income on those belongs to the group providing the pension in exchange for so doing. Alternatively if one had taken a lump sum then the income from that but not capital gains would be counted as income and taxable for the recipient and deductible from a benefit. Whereas otherwise it would be taxable for the pension body and the capital would be owned by them in exchange for the obligation to pay the pension. However it ranks as "monies received".

These are not however deductible from universal superannuation which is universal. That is handled differently in that it is taxable and counts as part of taxable income.

The residency thing used to be that super was payable for only six months overseas whether or not a NZ ship is overseas or not becomes irrelevant although one is still a resident for tax purposes. However this was amended to allow for Pacific Islanders in particular to return to the islands and still claim their super.

[Contessa 32]

About 1982. Has been blue water. Very well equipped with some good gear incl monitor w/v.ssb spare gps and vhf etc

Over recent years this includes capstan, anchor and chain, upholstery,

thru hulls prop, shaft and bearings, tiller pilot, new gennaker on roller, ff chartplotter. Holding tank extra water freezer etc, new st winches.

Health and age mean  it isn't going to be used and needs some more youthful energy and enthusiasm to do the spit and polish.

Reduced to $59500 for winter.

Pine harbour berth may also be available (not included)

Ph 2782348 days.