Unnecessary Boat Shopping

"MasterMario - Keeper of the V8s" (mastermario) 07/15/2020 at 11:29 • Filed to: boatlopnik, unnecessary boat shopping

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!!!error: Indecipherable SUB-paragraph formatting!!! has really piqued my interest and I still keep looking at the ad since it was first posted 3 days ago.

Per the seller it’s been sitting for 30 years in covered storage. So p resumably the hull is still solid.

Twin 3.0 mercruiser engines, these would be the biggest part of the gamble if I did buy it.

Best case scenario : The engines run great and just needed to be revived and the transmissions shift smoothly and minimal wiring issues found

Still needs (these are all very rough costs)

Shaft seals - 2x$300

Shaft bearings - 2x$100

New fuel lines - ~$100

Tires - 4x$100

Fluids/filters - ~$200

Miscellaneous - $500

Elbow grease - free

Total - purchas e price + $2000

Worst case scenario : Engines and transmissions are junk

Rebuilt Engine - 2x$3000

Rebuilt transmission - 2X$1500

Total - purcha se price + $2000 + $9000

I think it’s a $15k -$20k boa t in good running condition. What’s the most you’d pay for the boat oppo?

I’m honestly thinking I’ll make a sub $1000 offer and see. At that price I could part it out and get my money back at the very least.

CarsofFortLangley - Oppo Forever > MasterMario - Keeper of the V8s 07/15/2020 at 11:58

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Snuze: Needs another Swede > MasterMario - Keeper of the V8s 07/15/2020 at 12:11

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At that price I could part it out and get my money back at the very least.

A good strategy.

I would maybe contact the seller under the guise of wanting more information, and then maybe ask what they are looking to get out of it.  That may give you a better idea of how negotiations would go and if it would even be worth your time to pursue.  

HammerheadFistpunch > MasterMario - Keeper of the V8s 07/15/2020 at 12:12

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Double your estimates and you will be close.  I will say those merc 3.0 are...not great.  We had a pair of those in a boat and one of them constantly had issues.  Like rarely they were both working at the same time.  

Sovande > MasterMario - Keeper of the V8s 07/15/2020 at 12:18

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I would take your cost estimates and double them. I would then consider that replacing the engines could be the cheapest part of the whole deal. I restored a 1980's skiff once. It was 19' long and had a running engine. It cost me about $3000 to get it up and running.

I would think to get that boat, of that size, having sat for as long as it has, would be close to $10,000 to make seaworthy, and that’s not including the engines. You would be better off finding a boat that has a higher initial cost.

Consider things like the deck. If it needs to be replaced (and it’s 40 years old so...) you will need to replace it. To replace the deck on my 22'boat (about 8x 12) cost me about $2500.

Not cheap. Cool cabin though.

This would end up being cheaper https://milwaukee.craigslist.org/boa/d/milwaukee-shamrock-mackinaw-26/7153555147.html

MasterMario - Keeper of the V8s > HammerheadFistpunch 07/15/2020 at 12:19

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Do they have a reputation for being finicky? I haven’t looked into it too much yet.

This would definitely be a gamble. If I did get it, I'd probably part it out if the engines were junk.

HammerheadFistpunch > MasterMario - Keeper of the V8s 07/15/2020 at 12:22

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The mechanicals are pretty durable, but the fuel system isn’t very well design in my opinion.  

Future next gen S2000 owner > MasterMario - Keeper of the V8s 07/15/2020 at 12:25

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You’d have to pay me to tow that thing away. Twin carbed 3.0 that have been sitting sound like a recipe for a bad time.

Steel hull? Wood floors? I feel like you’d spend all winter working through all the issues.

MasterMario - Keeper of the V8s > Sovande 07/15/2020 at 12:30

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I’ve seen that one and suspect it is a scam...we don’t have palm trees in Wisconsin. I suspect they copy paste an ad from out of town.

MasterMario - Keeper of the V8s > Future next gen S2000 owner 07/15/2020 at 12:33

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I can’t imagine the hull or deck would be bad if it truly was in covered storage the entire time. Unsure if steel or fiberglass hull, though I think fiberglass.

Yea, it would be a huge gamble, but if cheap enough it might be worth a shot.

But, you’re most likely right on spending all winter sorting out issues.

Future next gen S2000 owner > MasterMario - Keeper of the V8s 07/15/2020 at 12:39

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If it is fiberglass I’d put mone y on the wood being soft. Unless they sealed it up really well, it is only a matter of time. I could be wrong though. Worth asking the question.

jeepoftheseus > Sovande 07/15/2020 at 13:07

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Excuse the thread jack here but I would love to know more about that project. What all work did you do and did you do it for yourself or as a flip? I’ve been looking into taking on a smaller skiff this winter as a project and potential flip if it makes sense. 

Manwich - now Keto-Friendly > MasterMario - Keeper of the V8s 07/15/2020 at 13:07

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I’ll just leave this here:

https://www.newyorker.com/humor/daily-shouts/why-you-should-never-buy-a-boat

Sovande > MasterMario - Keeper of the V8s 07/15/2020 at 13:17

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You’re p robably right, I wasn’t really paying attention. My point was more that I would spend the money up front instead of getting hip deep into a 2 year project to get your $2000 boat in the water for under $15000. Just spend the $15k and go boating. Unless, of course the fun is in the project, at which time I fully support this endeavour .

Sovande > jeepoftheseus 07/15/2020 at 13:39

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It was a 1979 19' Seaway skiff with a 60hp Mercury outboard. I bought the boat, motor and trailer for $2000 in Cape Cod and used it for a season in Rhode Island before I loaded it up and brought it down to Virginia. It needed a new deck and a new console so I dragged to my grandmothers house and started to cut the deck out. I quickly r ealized that the stringers were completely rotted out and that I had a lot more work to do. I shoveled out the old stringers, cut wood for the new st ringers, screwed it all together, soaked it in epoxy and glassed it in. I ran some PVC piping for the wiring and outboard cables and then glued and screwed 3/4" exterior plywood down which was coated in thinned epoxy and bedded in epoxy thickened with cabosil. T wo layers of cloth on the top of the deck and then painted it. I also added a new console, hydraulic steering, two batteries, chartplotter/sounder, all new wiring and lighting and leaning post. I kept it for two years and then sold it for about $6000 and bought a bigger boat. If it was a flip I would have lost my ass.

I had to replace the deck on the second boat too , but it was far easier and my father and I replaced it in a weekend while the boat was in water. We used all composites so it should be good for the duration.

My X-type is too a real Jaguar > MasterMario - Keeper of the V8s 07/15/2020 at 13:43

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B ust O ut A nother T housand, I know this because I have a free 1985 Ski Nautique I’ve spent $9,000 on.

ranwhenparked > Future next gen S2000 owner 07/15/2020 at 13:43

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And it’s an early ‘80s-post oil crisis hull, when they started cutting back on the thickness of the fiberglass.

MasterMario - Keeper of the V8s > Sovande 07/15/2020 at 13:47

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I love a good project...not that I really need another one at this time though . I’d really only take it if I got if for stupid cheap.

MasterMario - Keeper of the V8s > My X-type is too a real Jaguar 07/15/2020 at 13:50

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I am familiar with how owning a boat goes lol

BUT...it’s one of those projects/hobbies that my wife doesn’t complain about

You can tell a Finn but you can't tell him much > MasterMario - Keeper of the V8s 07/15/2020 at 14:08

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I’m going to quote Aerosmith “run, run away, run awaaaayyyyaaaa yyyaaaayyyyyy ”

Your estimate of $2k to get it running is probably off by an order of magnitude. Something that size would probably take $2k to get runn ing for the summer after winterizing. After 30 years in storage there will much more work that needs to be done, and that is assuming it didn’t get water poo led somewhere that rotted out something structural.

MasterMario - Keeper of the V8s > You can tell a Finn but you can't tell him much 07/15/2020 at 14:28

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This is most likely the correct answer. It would be a fun project though...I don’t really need another project though right now.

jeepoftheseus > Sovande 07/15/2020 at 14:51

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Thanks for sharing that! I know once the stringers are gone that any chance of a flip goes out the window. I t sounds like you did a damn thorough job of it. Turned out nicely!

Sovande > jeepoftheseus 07/15/2020 at 15:55

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Thanks! The other boat has fiberglass stringers over foam, so that was much easier. This was all done in 3 days.