1999 Regal 2150 LSC

[regal2150owner]

Hi everyone! New here with what I believe is a big problem. I don’t know much about boats, however I bought this boat last year to have fun with my kids. First time we got on water, the boat had no power, wouldn’t go past 10 mph. I thought it’s the carburetor, also needed starter fluid to help it start. Took it to a mechanic and they said it’s not the carburetor, but there is no compression in 1 of the 8 cylinders. It will need to be rebuilt.
The quote is $6k. $5963.75 to be exact.
I am mind blown, since I paid $6k for the boat. Is this a fair price? Is it worth it? Or should I just sell the boat?
Is a new engine cheaper? Is that even an option?
I am a single mother with no knowledge in boats, I’m hoping the mechanic is fair.

Thank you kindly

 

[Bondo]

Hi everyone! New here with what I believe is a big problem. I don’t know much about boats, however I bought this boat last year to have fun with my kids. First time we got on water, the boat had no power, wouldn’t go past 10 mph. I thought it’s the carburetor, also needed starter fluid to help it start. Took it to a mechanic and they said it’s not the carburetor, but there is no compression in 1 of the 8 cylinders. It will need to be rebuilt.
The quote is $6k. $5963.75 to be exact.
I am mind blown, since I paid $6k for the boat. Is this a fair price? Is it worth it? Or should I just sell the boat?
Is a new engine cheaper? Is that even an option?
I am a single mother with no knowledge in boats, I’m hoping the mechanic is fair.

Thank you kindly

Ayuh,.... Welcome Aboard,...... I too, hope you've got an honest mechanic,.....
With no compression on one cylinder, I'd do a leak-down test to see whether it's the rings, or a bad valve,.....
If a bad valve, rebuilding or replacin' the heads would be cheaper,...
If it's a hole in the piston, then a rebuild or replacement is in order,....

Either way, labor is gonna be the biggest expense,....
'bout the only way to lower the cost, might be to find a gently used motor, to replace yer's,....

 

[regal2150owner]

Ayuh,.... Welcome Aboard,...... I too, hope you've got an honest mechanic,.....
With no compression on one cylinder, I'd do a leak-down test to see whether it's the rings, or a bad valve,.....
If a bad valve, rebuilding or replacin' the heads would be cheaper,...
If it's a hole in the piston, then a rebuild or replacement is in order,....

Either way, labor is gonna be the biggest expense,....
'bout the only way to lower the cost, might be to find a gently used motor, to replace yer's,....

Thank you much for your reply. He did at he checked the valve. I’m guessing I’ll have to spend $6k to get it going for this summer.

 

[Scott Danforth]

here is what your $6k is buying.

$2k worth of remanufactured motor and $4k worth of labor

or

$4k worth of crate motor and $2k worth of labor

if you want to lower the costs, you will have to do the work yourself

 

[regal2150owner]

here is what your $6k is buying.

$2k worth of remanufactured motor and $4k worth of labor

or

$4k worth of crate motor and $2k worth of labor

if you want to lower the costs, you will have to do the work yourself

I am definitely not qualified for such work.
Thank you for your reply and helping me understand where my money will go.

 

[kenny nunez]

If you are going to have the boat repaired be very specific that someone from the shop goes out and runs the boat before you take delivery.

 

[tpenfield]

Greetings and welcome to iBoats. It is probably a fair assumption that you bought the boat with out sufficient inspection and in-water testing.

I do wish that folks would come to a forum like this (actually, this forum ) before they buy a boat as these situations are hard to get a happy outcome.

Hopefully, the mechanic is on terget and giving you the best course of action. Since we cannot see & touch the boat, it is hard to say what the boat (engine) may need.

Post your progress as you go for continued advise.