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50data points analyzed by Sailpages.com to compile this GIB'SEA 402 buyer’s report
GIB'SEA 402

GIB'SEA 402

Gilbert MarineπŸ‡«πŸ‡·Β· Design: Joubert-Nivelt
$53,174 avg$45,783 – $60,565 (2 listings)1987–199180 built
$2.6K – $7.0K est. annual maintenance
Offshore CruisermonoMasthead SloopFin

Specifications

Hull

LOA40.68 ft
LWL32.48 ft
Beam12.63 ft
Draft6.56 ft/ 4.92 ft min
Displacement16,534 lb
Ballast6,282.9 lb
Hull speed1.34·√LWL7.6 kn

About the GIB'SEA 402

Shallow draft: 1.5m/4.92' Cruising and racing versons. SA, racing version:

Sailpages Buyer's Take

Designed by Joubert-Nivelt and built by Gilbert Marine (FRA), the Gib'Sea 402 is a robust cruising sloop with a production run of 80 hulls from 1987–1991. Its substantial displacement of 16534.0 lb and comfort ratio of 24.96 reflect a design philosophy centered on stability and seakeeping rather than high-performance racing.

Best for:
This boat is ideally suited for coastal and offshore cruisers who prioritize comfort and safety over speed, particularly those seeking a stable platform for long passages. Its heavy displacement and fin keel configuration make it a strong candidate for bluewater travelers and couples or families looking for a secure, motion-dampened cruising experience.
Bluewater capability:
With a low capsize ratio of 1.99 and a high displacement-to-length ratio of 215.42, the Gib'Sea 402 is well-regarded for offshore suitability, offering excellent stability and resistance to capsizing in heavy weather.
Comparables:
Comparable vessels include the Hallberg-Rassy 42 and the Tartan 4200, as they share similar eras, heavy displacement characteristics, and a focus on offshore capability. Like the Gib'Sea 402, these boats offer robust construction and comfortable living spaces, appealing to buyers who value durability and seakeeping over planing potential.

Performance

Comfort25.0
Capsize1.99
SA/Disp21.1
Disp/Len215
Bal/Disp38.0

Estimated Value

Limited Data
Based on 2 listings
Low
$41,912
Estimated Value
$43,627
High
$45,343
Inflation-adjusted to 2026 USD

Estimated Cost of Ownership

Based on 40.68ft LOA. Actual costs vary by condition, usage, and local rates.

$/ft/mo
Annual Maintenance
$2.6K – $7.0K
Hull, rigging, sails, engine service
Annual Docking
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Annual Insurance
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Known Issues & Pre-Purchase Inspection

3 reported issues across 1 systems for the GIB'SEA 402, compiled from owner reports in sailing forums and owner-association material.

2 major1 minor
Keel3

Unlock the full inspection report

Thinking of buying a GIB'SEA 402? This is an in-depth report on the faults this model is known for β€” so you know exactly what to check when you walk the boat. For the price of a coffee.

  • βœ“ All 3 specific issues β€” severity, symptoms & fixes
  • βœ“ Model-specific pre-purchase inspection checklist
  • βœ“ Downloadable PDF to take to your surveyor β€” yours to keep

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Which engine powers your GIB'SEA 402?

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Brands sometimes mentioned for this model: Yanmar, Perkins β€” is it one of these?

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Used sails that fit the GIB'SEA 402

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