Reply
 
Thread Tools Display Modes
 
Old 01-14-2016, 02:13 PM   #41
Guru
 
BandB's Avatar
 
City: Fort Lauderdale
Country: USA
Join Date: Jan 2014
Posts: 13,176
Quote:
Originally Posted by GregMitchell View Post
actually, I'd be interested to hear if someone feels real strong about it either way. the inspector, who spent 12 hours in the engine spaces, was cautiously optimistic.
The key element none of us can answer is your tolerance for dealing with problems getting it into shape and finding hidden problems. I have very little so I'd be running my fastest, but you seem to have more. I saw enough things there though to tell me minimum of $50k off the price to consider taking it.
__________________
Advertisement

BandB is offline   Reply With Quote
Old 01-14-2016, 02:21 PM   #42
Member
 
City: San Francisco
Country: USA
Join Date: Dec 2015
Posts: 17
Quote:
Originally Posted by BandB View Post
The key element none of us can answer is your tolerance for dealing with problems getting it into shape and finding hidden problems. I have very little so I'd be running my fastest, but you seem to have more. I saw enough things there though to tell me minimum of $50k off the price to consider taking it.
I've rehabbed a couple boats, including a Santa Cruz 50, but nothing where I'd need to bring in the experts like this.

I agree, somewhere around $40-50k off current agreement.
__________________

GregMitchell is offline   Reply With Quote
Old 01-14-2016, 04:04 PM   #43
Senior Member
 
City: Owings, Md
Country: US
Join Date: Jan 2016
Posts: 224
Quote:
Originally Posted by GregMitchell View Post
I've rehabbed a couple boats, including a Santa Cruz 50.
No wonder you need a fast boat, even your sailboat was semi-displacement
Gdavid is offline   Reply With Quote
Old 01-14-2016, 04:09 PM   #44
Member
 
City: San Francisco
Country: USA
Join Date: Dec 2015
Posts: 17
Quote:
Originally Posted by Gdavid View Post
No wonder you need a fast boat, even your sailboat was semi-displacement
haha, it was fun sailing her to Hawaii last year for sure.

My background is high performance skiffs and multihulls. My other boat is a strip-planked International 14 skiff.....,
GregMitchell is offline   Reply With Quote
Old 01-14-2016, 04:21 PM   #45
Guru
 
City: Sydney
Country: Australia
Join Date: Jul 2015
Posts: 1,354
I think to sum it up its typically one of those orphan boats that looks a bit different but has lots of problem owner want $100000 but will take $70000 then you spend $100000 getting it up to a fair standard then you own another orphan boat that's worth $70000 and cant sell it for $60000
So there are some great boats for sale around $170000 without the pain
gaston is offline   Reply With Quote
Old 01-14-2016, 04:41 PM   #46
Senior Member
 
City: Redlands
Country: USA
Join Date: Sep 2012
Posts: 170
Walk! Too many must fix items.
Lots of boats out here.
Arch
__________________
Marine Trader 36. Completed the Great Loop (single handed). Now cruising the east coast and Bahamas.
Arch is offline   Reply With Quote
Old 01-14-2016, 04:43 PM   #47
Member
 
City: San Francisco
Country: USA
Join Date: Dec 2015
Posts: 17
Thanks Arch.
GregMitchell is offline   Reply With Quote
Old 01-14-2016, 05:08 PM   #48
Guru
 
BruceK's Avatar
 
Join Date: Oct 2011
Posts: 7,573
Greg, I think you are already doing this, but just work your way through the issues. Remove the emotional elements for and against. When you are ready to decide take pen and paper(ok your laptop), write down the pluses and minuses, and take into account the advice here, as part of your thinking to say yea or nay. And if yea, only at your brutal and conservatively(your way) calculated offer. Remember, you have to get it insured, with that survey the insurer will have questions and or conditions.
__________________
BruceK
Island Gypsy 36 Europa "Doriana"
Sydney Australia
BruceK is offline   Reply With Quote
Old 01-20-2016, 12:57 AM   #49
Member
 
City: San Francisco
Country: USA
Join Date: Dec 2015
Posts: 17
well, unfortunately the oil analyses came back far outside of normal parameters.
GregMitchell is offline   Reply With Quote
Old 01-20-2016, 02:10 AM   #50
Guru
 
Xsbank's Avatar
 
City: Pender Harbour, BC
Country: Canada
Vessel Name: Gwaii Haanas
Vessel Model: Vancouver Shipyards Custom Aluminum 52
Join Date: Sep 2013
Posts: 2,447
Gawd that's a relief! Go get a good one!
__________________
Don't believe everything that you think.
Xsbank is offline   Reply With Quote
Old 01-20-2016, 06:34 AM   #51
Guru
 
timjet's Avatar
 
Join Date: Apr 2009
Posts: 1,905
Quote:
Originally Posted by GregMitchell View Post
well, unfortunately the oil analyses came back far outside of normal parameters.
Sounds like you really wanted that bad, so too bad the analyses did not meet your expectations. But you probably weren't surprised.
__________________
Tim
Tampa Bay
Carver 355 ACMY Twin Cummins Diesels Sold
timjet is offline   Reply With Quote
Old 01-20-2016, 07:24 AM   #52
FF
Guru
 
FF's Avatar
 
Join Date: Oct 2007
Posts: 16,534
"well, unfortunately the oil analyses came back far outside of normal parameters."

This is not unusual for a dock queen that sits for months with an occasional start to show the engine will operate.

Oil analyses works best with operating vessels so a history can be compared over a period of time.

A snapshot is seldom useful.
FF is offline   Reply With Quote
Old 01-20-2016, 08:17 AM   #53
Guru
 
City: Northport
Country: USA
Join Date: Aug 2015
Posts: 814
Quote:
Originally Posted by FF View Post
"well, unfortunately the oil analyses came back far outside of normal parameters."

This is not unusual for a dock queen that sits for months with an occasional start to show the engine will operate.

Oil analyses works best with operating vessels so a history can be compared over a period of time.

A snapshot is seldom useful.

Absolutely - engine oil tests like these are not very accurate and finding particular issues. I would not be surprised with any and all problems these engines would have due to their operating parameter history and their maintenance. While IMHO I would not pursue this boat myself this oil test would not be a reason to walk away.
smitty477 is offline   Reply With Quote
Old 01-20-2016, 11:37 AM   #54
Member
 
City: San Francisco
Country: USA
Join Date: Dec 2015
Posts: 17
agreed that trends are better, but one engine is showing coolant in the oil, the other is showing evidence of bad rings...

Lesson for everyone - don't park your boat for 8 years, run it occasionally, and think non-use will keep it like new.

What's the term on Boatdiesel? Engine Age?
GregMitchell is offline   Reply With Quote
Old 01-20-2016, 03:04 PM   #55
Guru
 
City: gulf coast
Country: pinellas
Join Date: Jun 2014
Posts: 2,199
There are so many good condition boats in the $100K price range I can think of any low price that would make me want to take on that project.
bayview is offline   Reply With Quote
Old 01-20-2016, 03:27 PM   #56
Guru
 
BandB's Avatar
 
City: Fort Lauderdale
Country: USA
Join Date: Jan 2014
Posts: 13,176
Quote:
Originally Posted by bayview View Post
There are so many good condition boats in the $100K price range I can think of any low price that would make me want to take on that project.
You've got to know when to hold 'em
Know when to fold 'em
Know when to walk away
And know when to run
BandB is offline   Reply With Quote
Old 01-20-2016, 06:27 PM   #57
Guru
 
O C Diver's Avatar
 
City: Fort Myers, FL... Summers in Crisfield, MD
Country: USA
Vessel Name: Slow Hand
Vessel Model: Cherubini Independence 45
Join Date: Dec 2010
Posts: 4,820
Quote:
Originally Posted by GregMitchell View Post
well, unfortunately the oil analyses came back far outside of normal parameters.
Quote:
Originally Posted by bayview View Post
There are so many good condition boats in the $100K price range I can think of any low price that would make me want to take on that project.
While I'm not ready for another boat project, if I really liked the boat, I might see what repowering would cost. Clearly not a new state of the art motor, but maybe some remans. Who knows, you might even find a pair of remans of what's in the boat. If I were liking the boat, I might consider a pair of factory reman Cummins 6BT 220 HP. Wouldn't get the 18 knot cruise, but should be able to get 14 or so. Less than $40K for the pair and maybe you can use the transmissions. Point is that it costs little to get some estimates and see what might be out there. Figure the boats worth $10 to $20K with 2 bad motors. Maybe the owner is ready to sell for a song, maybe not. Nothing wrong with the boat with 2 reman motors for $80K to $100K total. All depends on how much you and the admiral like the boat.

Ted
__________________
Blog: mvslowhand.com
I'm tired of fast moves, I've got a slow groove, on my mind.....
I want to spend some time, Not come and go in a heated rush.....
"Slow Hand" by The Pointer Sisters
O C Diver is offline   Reply With Quote
Old 01-22-2016, 06:50 PM   #58
Member
 
City: San Francisco
Country: USA
Join Date: Dec 2015
Posts: 17
Quote:
Originally Posted by O C Diver View Post
While I'm not ready for another boat project, if I really liked the boat, I might see what repowering would cost. Clearly not a new state of the art motor, but maybe some remans. Who knows, you might even find a pair of remans of what's in the boat. If I were liking the boat, I might consider a pair of factory reman Cummins 6BT 220 HP. Wouldn't get the 18 knot cruise, but should be able to get 14 or so. Less than $40K for the pair and maybe you can use the transmissions. Point is that it costs little to get some estimates and see what might be out there. Figure the boats worth $10 to $20K with 2 bad motors. Maybe the owner is ready to sell for a song, maybe not. Nothing wrong with the boat with 2 reman motors for $80K to $100K total. All depends on how much you and the admiral like the boat.

Ted
interesting development, seller said "i'll fix everything on the list, and cover the full cost". it's a long list. I know there is stuff that isn't on the list but if the engines (all 2), support systems, radar, autopilot, windlass all get full repairs, this might work.
GregMitchell is offline   Reply With Quote
Old 01-22-2016, 07:00 PM   #59
Guru
 
BruceK's Avatar
 
Join Date: Oct 2011
Posts: 7,573
That is attractive, but it puts the repairs outside your control. Have the contract provide for the seller to produce repair invoices, and for you having the work professionally checked, as a precondition to finalizing the deal. If you get hesitation about the inclusions, reconsider altogether.
__________________
BruceK
Island Gypsy 36 Europa "Doriana"
Sydney Australia
BruceK is offline   Reply With Quote
Old 01-22-2016, 07:02 PM   #60
Guru
 
hmason's Avatar
 
City: Westport, CT
Country: USA
Vessel Name: Magic
Vessel Model: Grand Banks 46 Europa
Join Date: Aug 2013
Posts: 1,905
Be sure to be in agreement as to who does the work and what constitutes a complete repair. I'm afraid to even think of what has yet to be discovered. I still think you should move on to another boat.
__________________

__________________
Howard
Magic, 1996 Grand Banks Europa
Westport, CT and Stuart, FL
hmason is online now   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off





All times are GMT -5. The time now is 11:01 AM.


Powered by vBulletin® Version 3.8.8 Beta 4
Copyright ©2000 - 2017, vBulletin Solutions, Inc.
Search Engine Optimization by vBSEO 3.6.0
Copyright 2006 - 2012