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Old 12-15-2018, 02:35 PM   #21
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Update:



The survey is done, but not typed up yet and I'm still waiting on the oil analysis. The surveyor called me up specifically to say "Holy S#*t, what an aweome boat! Buy it." He literally gushed about the condition. So, assuming the oil analysis report is OK, we are moving forward without a sea trial, despite the risks.
Mischief,

Good for you. From what you describe the risks are way less than the benefits of ownership. You've certainly done your due diligence as best as you can out of the water, and I'd be surprise if you have any serious issues when you splash her in the spring.

Of the some odd 20 boats I've purchased over the years, I bought a few without any survey at all, just my own inspections. And a few were north of 6 figure purchases. Not once was I disappointed. And regardless of all the inspections you do, you will still find a few things that you'll modify, fix, change, etc. That's just boating. It's not awfully hard to figure out if the expensive stuff will present a major issue.

Keep us posted, and congrats!
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Old 12-19-2018, 10:52 PM   #22
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Hard to tell if it's your current boat or the one you're about to buy, but if this pending purchase is a '92 44' Tolly your getting a solid boat. I have an '86 and have enjoyed bringing it up to par. They seem to be well built and have a good reputation. If that's the model you're looking at I can answer more specifics.

And regardless of what brand, the escrowed $10k, could be easily be spent and will be nice to have on standby.

One thing to look at is the raw water cooling system. If it has not been serviced in a while, pulling the heat exchangers, changing the hoses, and checking to see if the exhaust risers are rusted out and in need of replacing would be a good place to start.

Cast iron exhaust risers from Cat run about $750 each (so x4 starts to put a dent in the escrow). The port heat exchanger is difficult to remove because it slides out toward the outboard side and some things need to be moved to allow that to happen - so labor for that job can add up if you have it done by a mechanic.

Others can chime in where to look for those $10,000 hidden costs.

Good Luck
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Old 12-20-2018, 04:27 AM   #23
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Very few times in my life have I had a bad deal when my gut says “go”!

Cheers
Well said, I'll only add, that when the gut says go and it turns bad, it's really bad!
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Old 12-20-2018, 04:28 AM   #24
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MM,

I'd go for it too.
Sounds like toy know what you're doing and good buys don't last long.
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Old 12-21-2018, 07:26 AM   #25
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1992 with a 2017 survey and well taken care of should be good to go. Yes, it'd be nice to start the engines, but with a volunteer escrow for unforseen, I don't think you'd have much to worry about.
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Old 12-21-2018, 09:47 AM   #26
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Thanks for all the advice. Should be officially ours soon.
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