I just purchased a 1975 Glastron CV-16 w/ 470 mercruiser. It was a fast paced decision as the last two boats I tried to snag for 500 bucks were gone in less than an hour. The body is in decent shape, the trailer looks well maintained and has hydrauluc brakes. But the motor is 470, and I've seen nothing good, the owner has had it for ten years, last run in 2008, engine turns but doesnt start. Has had the alternator kit installed, haven't checked anything else yet. So far I've seen to change the heat exchangers, and sleeve the cam, as being the most common. Should I just turn around and try sell it to get my money back?
I will get more detailed info on motor tomorrow. Just throwin out feelers atm.