In her excellent reference, The Voyager's Handbook, Beth Leonard wrote that folks buying a boat that is ten years or older, should budget about 50% of the purchase price to outfit that boat for offshore voyaging. I thought that was a gross generalization when I first read it years ago. I knew that any boat Windy and I bought, would never require that much for a refit. After all, we are do-it-yourself folks, not boat yard check writers. In fact, even after we decided on our Fuji 40 and got to know her, I would have estimated our refit cost to be about 30% of the purchase price, or about $20,000. I was wrong. Keeping in mind that many of the improvements to Del Viento we are making now fall under the discretionary column instead of the necessity column, we are going to exceed the 50% mark. I will know more when I update The Cost tab of this blog for the past quarter.