Good call Ajay,
Recognised that all boats can have potential problems with regard to ownership etc. but you never can tell, especially in an economic downturn, this was such the case with our own, only ours was in the UK and took zero cost investigating the previous owners, bills and receipts etc.
?5-8K in cosmetic makeovers can transform an older boat, machinery is always the most important though, so if you find a good one that's mechanically and structurally sound but requires TLC with regards to cosmetics then if the price is right your on to a winner IMHO.
Start out with a fresh interior (of your choice), professional compound back to a high gloss shine, change decals etc. and still have a very desirable boat that's fresh and well ahead of the competition for more or less the same cost as the untouched equivalents.
Resale chances will improve (unless you go with a bazaar scheme) , ownership will be like it's a new boat etc. etc..
If I could afford it then the T37 in Weymouth would be my starting point.
Another caution you may need to take when viewing older boats is regarding viewing with your other half

, I know from experience that just like when viewing houses, they won't often look beyond the colour of the curtains and upholstery, from a sellers point, when presenting a fresh, refurbished example, if you can sell it to the partner your on to a winner, no mater how old the boat.
