Thanx for the heads up Watermann must have missed the video! I retract my previous comments. Unload it !
I really don't think I'd have to put 6500 into it. I've already got 2300 in it, sunk money, almost literally :lol:. I'm not getting that 2300 back, unless by some miracle I can collect my judgement.
I know it looked pretty bad in the video but I spent a day cleaning it up and it's much, much better. I don't care about repairing the interior and all the electrical stuff seems to be working. I'm hoping that the engine is the only issue. I'll post some updated pics.
If I could find an engine for ~$1500 and install it myself maybe it would be worth salvaging? Once I took my car to a high school to fix my rear struts and the labor was free, has anybody heard of marine schools doing something similar?
you have a trailer with a scrap boat on it. you won judgement - I suggest you cut your losses.
However if you decide to keep it, you are looking at the following if you are a savy shopper and can do the work yourself:
Replace motor and outdrive ~$2k
redo interior ~$1500
redo wiring ~$500
redo gauges ~$200
restore stringer, transom, deck and foam ~$2000
so you have a boat worth $3500 with $6200 worth of your hard cash in it, not to mention the approximate 500 hours you will put into it.
jbcurt00, down here in Florida, it could be salt water, it could be fresh water, it could be brackish water, and someone could have stored it on a trailer with the plug in it durring the rainy season when it rains 4" per day. we know that the inside of the boat was full of water, and there appears to be soft spots based on the video.
There's no way in hell I'm going to gut the floors and redo them, that's way too much work for this boat. If you think they're rotten then I'll definitely junk it or try and part it out.
I would restore the boat if it were mine. I have replaced motors for people in boats like this and charge them between $750 and $1200 for the motor and installation. That being said if you do not want to tear up the floor and check the foam and stringers underneath then you are wasting your time and should get what you can out of it. To me this boat is worth $500 and if you were near me in Texas I would give that to you for it and spend $1500-$2k and a lot of hours rebuilding it. It would be like new and last another 20-30 years. I probably would end up adding it to the fleet.
Thanks DeepBlue. Those are all valid points and if it were a newer boat I might consider it. I am the type of person that would love to dig into this boat and restore it. I'd be more willing to do all of this if it were a decade newer...
Someone else also mentioned the "admiral" who may have an issue with this job which is very valid. My wife has already said that she can picture me coming in all frustrated because I can't get something to work or because I've just broken something critical and she is very against the project. I can't blame her, I do get pretty grumpy when things aren't working out lol. For all of these reasons there's no way I'm ever going to tear into the floor on this particular boat.
My only hope was that the floor was okay and that I could find a decent price on a used engine. I'm fine with tinkering with electrical connections and fixing little things here and there but a full restore is not in the cards for this boat.
Then ^^^ those comments should be the death nail.
I would be very surprised that there wasn't water damage below decks. Not 'just'' rotten wood. And again, when the boat was left uncovered at the repair place while you sued the seller, it never rained? Even parked bow up, drain plug out, 6 or 9mo of exposure could be plenty enough.
How long was the boat submerged? Given the seller's history, I doubt I'd believe anything he said about how long it was under water.
The boat has a below deck fuel cell. Where? Is it plastic, steel or aluminum? You'd have to pull some portion of the floor to confirm it's condition.
My wife is fairly tolerant of my boat shenanigans, but if she knew I'd been burned on a project it would be a tough up hill battle to get the project funded & redone. No matter the confidence in my ability to get it done. It would always frustrate me to no end every time I looked at it.
Contacted any agencies to see about having them hunt down the deadbeat to collect your judgement?
If you're not able to stash this rig w/out hassles from an HOA, or having to pay storage fees, that'd be another reason to get out from under it now.
Good luck, and since you own this one, I'd really be inclined to dissect it while you wait to collect the judgement, and keep looking at boats for sale. They will be an education about both the boats in your marketplace, you may develop a better BS detector when talking to sellers. The more boats you see, the more questions you'll KNOW to ask and you'll be better able to inspect a boat, motor & trailer completely......