A Handsome, Performance-Oriented Yacht, The Cheoy Lee-Pedrick Requires An Experienced Crew And Proper Maintenance
With the introduction of the Bermuda 30 into the U.S. in 1963, Cheoy Lee spawned an era of Asian-built yacht imports but the company was by no means the new kid on the block. Cheoy Lee Shipyards Ltd. was founded in Shanghai more than 100 years ago. Following World War II, the company moved to Hong Kong and, in the early 1960s, it was one of the first Asian companies to begin production of fiberglass yachts. In the 40 years since, Cheoy Lee has become one of the most prolific boat builders in the world, offering nearly every conceivable size and style of boat, power and sail alike.
In 1982 Cheoy Lee departed from the company's "Offshore" and "Clipper" series of traditional, heavy displacement sailing yachts with the introduction of the Pedrick 41. The designer Dave Pedrick had established a reputation for his successful 12-meter and International Offshore Rule design work and the Pedrick 41 is definitely more performance-oriented than the company's previous models. The design features rather high freeboard and a low-profile, wedge-shaped cabin trunk. Standing next to her at the dock she appears a little chunky but stand back a bit and the gentle sheer and well-balanced overhangs stand out.
| Overall Length | 40.83 Feet |
| Waterline Length | 32.5 Feet |
| Maximum Beam | 12.67 Feet |
| Maximum Draft | 4.33 - 9 Feet |
| Displacement/Weight | 23,000 Pounds |
| Fuel Capacity | 70 Gallons |
| Water Capacity | 125 Gallons |
|
Sail Area 100% Fore Triangle |
785 Square Feet |
I think this is a very handsome yacht. The length overall is 40 feet and 10 inches; beam is 12 feet, 8 inches; and displacement is 23,000 pounds. The Pedrick 41 was offered as a deep keel model drawing 6 feet or a keel/centerboard version drawing 4 feet and four inches with the board up and 9 feet with the board fully extended. Ballast to displacement ratio is 39 percent and the displacement length ratio is 299. Both are quite conservative and normal numbers for this class of boat.
The construction of the Pedrick 41 is typical of Asian-built boats. The hulls are solidly constructed of fiberglass cloths and polyester resin while decks and superstructures are a composite of fiberglass laminates and core materials. Just what is used for the core material seems dependent on what was at hand at any given time. Asian boat builders are not known for consistency and quality control. I have seen a section of the cabin top cut from a Pedrick 41 that, in its several square feet, contained teak scraps, plywood and balsa wood core material. Worse, decks are covered with a teak overlay that is screwed to the sub deck, creating thousands of potential leaks.
In fact, the most common problems with this model involve decks and superstructure. As these boats age, failed caulking and fasteners allow water to penetrate into the core of the sub deck, inviting a potentially expensive repair. Leaks around cabin windows and deck hatches are common and, if left unattended, lead to considerable damage of interior furnishings and joiner work. With the exception of osmotic blisters, which are fairly common, the hull construction itself presents few problems.
But another potential problem lies in Cheoy Lee's selection of cast stainless steel for all of its underwater appendages and running gear. Many different grades of stainless steel exist but they all are dependent on oxygen to maintain a protective layer of chromium-oxide. In a chloride-rich, oxygen-starved environment, such as salt water, pitting begins. Over time pitting tends to penetrate deep into the part, eventually leading to structural failure. Struts, centerboards and propellers that are more than 10 years old should be thoroughly examined for signs of failure.

The accommodations of the Pedrick 41 are, for my taste, near perfect for this size boat. The layout is centered around a large main salon with settees on each side and a drop leaf, centerline table. There is a large V-Berth cabin forward and a comfortably sized double quarter berth cabin aft along the starboard side. The large starboard midship head has a separate stall shower. The U-shaped midship galley, along the port side, is actually large enough to prepare a meal and secure enough to do it underway. The navigation station to the port side of the companionway faces aft and allows the navigator to communicate easily with the helmsman.
One little drawback to this layout is that with the table fully extended, it is impossible to get to the forward cabin without crawling over the settee, but this is really nit-picking.
The standard engine on the 41 was the Perkins model 4-108 diesel. This is a solid engine with plenty of power and, if properly maintained, should run for thousands of hours. The engine is fit with a V-drive gear that allows the engine to be installed further aft under the cockpit. This has the disadvantage of moving the engine weight further away for the boat's center and making service of the shaft-packing gland more difficult but, with a cruising boat, the advantage of increased cabin space clearly offsets the disadvantage.
The standard rig of the Pedrick-41 has a mast height above deck of 53 feet although a 50-foot rig was offered and is recommended on the centerboard model. Dave Pedrick is noted for designing boats that perform well and the 41 is no exception. With a sail area displacement ratio of 15.56, the 41 won't take off like the proverbial scared rabbit when the wind picks up, but this is a well-mannered boat with no particular bad habits. The centerboard version will suffer a bit to windward when compared to the deep keel model.
The Pedrick 41 is a very livable boat that sails well. With an experienced crew and proper maintenance, this should be a capable blue water cruiser. For these reasons, the boat remains popular choice of cruising sailors although production ended in 1994. Boats in good condition seldom stay on the market very long.
Jack Hornor, NA is the principal surveyor and senior designer for the Annapolis-based Marine Survey & Design Co. Hornor writes for BoatU.S. Magazine and other marine publications.
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| New/Used | Engines | ||
| Mfg/Model | City | ||
| Type | State/Prov. | ||
| Length | from to | Country | |
| Year | from to | Listings | |
| Hull | Per Page | ||
| Fuel | |||
| 2007 | 2006 | 2005 | 2004 | 2003 | |
| Outboard Boats | |||||
| Total Units Sold | 188,700 | 204,200 | 213,300 | 216,600 | 207,100 |
| Retail Value | 3,358,540,400 | 3,215,742,200 | 3,200,861,700 | 2,867,571,600 | 2,742,825,960 |
| Average Unit Cost | 17,798 | 15,748 | 15,006 | 13,239 | 13,244 |
| Outboard Engines | |||||
| Total Units Sold | 275,500 | 301,700 | 312,000 | 315,300 | 305,400 |
| Retail Value | 2,554,533,600 | 3,255,410,900 | 3,154,904,900 | 2,879,002,858 | 2,554,533,600 |
| Average Unit Cost | 9,761 | 10,790 | 10,112 | 9,131 | 8,365 |
| Boat Trailers | |||||
| Total Units Sold | 130,600 | 130,900 | 134,100 | 133,400 | 130,600 |
| Retail Value | 232,088,000 | 295,874,800 | 247,548,600 | 228,037,400 | 202,012,100 |
| Average Unit Cost | 1,839 | 2,260 | 1,846 | 1,709 | 1,547 |
| Inboard Boats-Ski/Wakeboard Boats | |||||
| Total Units Sold | 12,000 | 13,100 | 12,600 | 11,600 | 11,100 |
| Retail Value | 566,804,600 | 568,357,200 | 507,742,200 | 435,377,200 | 403,285,200 |
| Average Unit Cost | 47,234 | 43,386 | 40,297 | 37,533 | 36,332 |
| Inboard Boats-Cruisers | |||||
| Total Units Sold | 6,200 | 6,900 | 7,800 | 8,600 | 8,100 |
| Retail Value | 2,888,122,600 | 3,069,614,900 | 3,118,557,000 | 3,334,830,600 | 3,019,923,000 |
| Average Unit Cost | 465,826 | 444,872 | 399,815 | 387,771 | 372,830 |
| Sterndrive Boats | |||||
| Total Units Sold | 60,400 | 67,700 | 72,300 | 71,100 | 69,200 |
| Retail Value | 2,671,928,300 | 2,724,065,700 | 2,573,331,420 | 2,368,085,700 | 2,221,115,600 |
| Average Unit Cost | 44,237 | 40,237 | 35,592 | 33,306 | 32,097 |
| Canoes | |||||
| Total Units Sold | 99,600 | 99,900 | 77,200 | 93,900 | 86,700 |
| Retail Value | 55,078,800 | 58,461,900 | 48,404,400 | 56,809,500 | 49,679,100 |
| Average Unit Cost | 553 | 585 | 627 | 605 | 573 |
| Kayaks | |||||
| Total Units Sold | 346,600 | 393,400 | 349,400 | 337,300 | 324,000 |
| Retail Value | 184,044,600 | 195,645,000 | 167,013,200 | 159,542,900 | 150,984,000 |
| Average Unit Cost | 531 | 497 | 478 | 473 | 466 |
| Inflatables | |||||
| Total Units Sold | 29,400 | 25,100 | 30,100 | 31,600 | 30,500 |
| Retail Value | 117,961,200 | 48,229,600 | 57,551,200 | 64,685,200 | 67,435,500 |
| Average Unit Cost | 4,012 | 1,921 | 1,912 | 2,047 | 2,211 |
| Personal Water Craft | |||||
| Total Units Sold | 79,900 | 82,200 | 80,200 | 79,500 | 80,600 |
| Retail Value | 793,460,800 | 792,079,200 | 761,531,000 | 733,454,700 | 716,501,800 |
| Average Unit Cost | 9,931 | 9,636 | 9,495 | 9,226 | 8,890 |
| Jet Boats | |||||
| Total Units Sold | 6,800 | 6,200 | 6,700 | 5,600 | 5,600 |
| Retail Value | 188,928,300 | 151,549,100 | 168,223,600 | 130,368,000 | 115,268,200 |
| Average Unit Cost | 27,784 | 24,443 | 25,108 | 23,280 | 20,584 |
| Houseboats | |||||
| Total Units Sold | 420 | 530 | 450 | 550 | |
| Retail Value | 197,439,100 | 415,473,200 | 324,094,500 | N/A | |
| Average Unit Cost | 470,093 | 783,912 | 720,209 | N/A | |
| Sailboats | |||||
| Total Units Sold | 11,800 | 12,900 | 14,400 | 14,300 | 15,000 |
| Retail Value | 716,350,100 | 652,186,900 | 646,928,417 | 603,381,900 | 539,744,700 |
| Average Unit Cost | 60,708 | 50,557 | 44,926 | 42,195 | 35,983 |
| 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | |
| Outboard Boats | ||||||
| Total Units Sold | 212,000 | 217,800 | 241,200 | 230,200 | 213,700 | 200,000 |
| Retail Value | 2,280,908,000 | 2,195,859,600 | 2,306,577,000 | 1,984,328,300 | 1,596,412,200 | 1,421,400,000 |
| Average Unit Cost | 11,495 | 10,144 | 9,188 | 8,620 | 7,470 | 7,107 |
| Outboard Engines | ||||||
| Total Units Sold | 302,100 | 299,100 | 348,700 | 331,900 | 314,000 | 302,000 |
| Retail Value | 2,478,838,900 | 2,411,045,100 | 2,901,881,400 | 2,602,096,000 | 2,155,610,000 | 2,006,186,000 |
| Average Unit Cost | 8,205 | 8,061 | 8,322 | 7,840 | 6,865 | 6,643 |
| Boat Trailers | ||||||
| Total Units Sold | 141,200 | 135,900 | 158,500 | 168,000 | 174,000 | 181,000 |
| Retail Value | 200,645,200 | 181,698,300 | 184,494,000 | 190,008,000 | 189,660,000 | 190,050,000 |
| Average Unit Cost | 1,421 | 1,337 | 1,164 | 1,131 | 1,090 | 1,050 |
| Inboard Boats-Ski/Wakeboard Boats | ||||||
| Total Units Sold | 10,500 | 11,100 | 13,600 | 12,100 | 10,900 | 6,100 |
| Retail Value | 398,811,000 | 352,569,300 | 366,438,400 | 308,429,000 | 253,348,700 | 136,408,200 |
| Average Unit Cost | 37,982 | 31,763 | 26,944 | 25,490 | 23,243 | 22,362 |
| Inboard Boats-Cruisers | ||||||
| Total Units Sold | 11,800 | 10,800 | 10,300 | 7,000 | 6,700 | 6,300 |
| Retail Value | 4,336,559,000 | 3,758,475,600 | 2,925,756,200 | 1,799,420,000 | 1,704,245,500 | 1,669,103,100 |
| Average Unit Cost | 367,505 | 348,007 | 284,054 | 257,060 | 254,365 | 264,937 |
| Sterndrive Boats | ||||||
| Total Units Sold | 69,300 | 72,000 | 78,400 | 79,600 | 77,700 | 78,800 |
| Retail Value | 2,192,231,300 | 2,217,723,000 | 2,244,908,400 | 2,059,394,900 | 1,854,013,600 | 1,771,360,300 |
| Average Unit Cost | 31,634 | 30,802 | 28,634 | 25,872 | 23,861 | 22,479 |
| Canoes | ||||||
| Total Units Sold | 100,000 | 105,800 | 111,800 | 121,000 | 107,800 | 103,600 |
| Retail Value | 56,900,000 | 57,449,400 | 64,508,600 | 67,034,000 | 64,033,200 | 61,124,000 |
| Average Unit Cost | 569 | 543 | 577 | 554 | 594 | 590 |
| Kayaks | ||||||
| Total Units Sold | 340,300 | 357,100 | N/A | N/A | N/A | N/A |
| Retail Value | 157,558,900 | 176,764,500 | N/A | N/A | N/A | N/A |
| Average Unit Cost | 463 | 495 | N/A | N/A | N/A | N/A |
| Inflatables | ||||||
| Total Units Sold | - | N/A | N/A | N/A | N/A | N/A |
| Retail Value | - | N/A | N/A | N/A | N/A | N/A |
| Average Unit Cost | - | N/A | N/A | N/A | N/A | N/A |
| Personal Water Craft | ||||||
| Total Units Sold | 79,300 | 80,900 | 92,000 | 106,000 | 130,000 | 176,000 |
| Retail Value | 697,681,400 | 641,456,100 | 720,176,000 | 771,044,000 | 868,530,000 | 1,135,904,000 |
| Average Unit Cost | 8,798 | 7,929 | 7,828 | 7,274 | 6,681 | 6,454 |
| Jet Boats | ||||||
| Total Units Sold | 5,100 | 6,200 | 7,000 | 7,800 | 10,100 | 11,700 |
| Retail Value | 107,997,600 | 118,692,800 | 123,641,000 | 132,678,000 | 167,033,800 | 144,389,700 |
| Average Unit Cost | 21,176 | 19,144 | 17,663 | 17,010 | 16,538 | 12,341 |
| Houseboats | ||||||
| Total Units Sold | ||||||
| Retail Value | ||||||
| Average Unit Cost | ||||||
| Sailboats | ||||||
| Total Units Sold | 15,800 | 18,600 | 22,500 | 18,850 | 14,500 | 10,500 |
| Retail Value | 567,782,400 | 638,640,300 | 760,622,900 | N/A | N/A | N/A |
| Average Unit Cost | 35,936 | 34,336 | 33,805 | N/A | N/A | N/A |
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Bertram 31
Boston Whaler 260 Outrage
Carver 28 Aft Cabin
Carver 28 Mariner and Voyager
Chris-Craft Catalina 29 Express
Cruisers 3570/3575
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Grady-White Offshore 24
Grand Banks 42
Hatteras 38
Hatteras 38/39 Convertible
Island Gypsy
Luhrs 37 Open IPS
Luhrs 320
Mainship 34 Trawler
Mainship Pilot 30
Marine Trader 34 Double Cabin
Marinette 32
Monk 36
Nimble Nomad 24
Nordic Tugs 37
Post 42
Rinker 300 Fiesta Vee
Rinker 342 Fiesta Vee
Rosborough RF-246
Sailfish 2860 CC
Sea Ray 440 Aft Cabin
Sea Ray Sundancer 290
Stringray 220DR
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Tiara 3600 Convertible
Tiara 3900 Open
Triumph 1700 Skiff
Viking 40 Convertible
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Beneteau 44 CC
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Beneteau Oceanis 350
Bristol 29.9
Bristol Channel Cutter 28
C&C 35
C&C 99
C&C Landfall 38
Caliber 33-35
Camper Nicholson 35
Cape Dory 28
Cape Dory 33
Catalina 27
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Catalina 320
Cheoy-Lee Pedrick 41
Colgate 26
Com-Pac 23
Corsair F24
Ericson 35
Ericson 38
Gozzard 36
Hans Christian 33
Hood Expedition 55
Hunter 410
Hunter's Edge 27
Hunter Legend 35
Irwin 37
J/105
J/24
Jeanneau Sun Odyssey 36.2
Marshall 18 Sanderling
Morgan 38
O'Day 34-35
Pearson 28
Pearson 30
Sabre 28
Sabre 34
Seawind II
Stone Horse 23
Tartan 3500
Valiant 40
West Wight Potter 14
Westerly Centaur 26
Westsail 32
Whitby 42

























