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Old 09-13-2021, 10:12 AM   #1
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Grand Banks 46

Good morning! I am considering purchasing a 46 Grand Banks, I currently own a smaller, (not a banks) trawler. The boat has the 375 Cats, hours in the high 3k. Any advice anyone can offer both in attempting to establish value, and specific things I should be on the lookout for in evaluating the boat? I have looked at sale prices online, and there are limited comparables and they seem to be all over the place. Any insights anyone can provide on both the boat and the process would be appreciated.

Thanks!
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Old 09-13-2021, 10:57 AM   #2
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These are the asking prices for the Grand Bank 46 Classics currently on offer in Yachtworld.

There are a couple of outliers but otherwise there seems to be a pattern: $200k to 300k for the 1990s ones and quite a bit more for the 2000s ones.
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Old 09-13-2021, 12:24 PM   #3
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Make sure that you have a mechanic that really knows the 3208TAs do an engine survey. That is a lot of hours for a TA version of the 3208. If it were a 3208NA the hours wouldnít be a concern for me. Depending on how they have been run they may be nearing end of life or they may have been run slowly and have many more hours left on them. Check them closely and good luck!
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Old 09-13-2021, 01:17 PM   #4
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Thanks for the input everyone, I'm currently running Lehman's, which I've always considered pretty indestructible. Wasn't planning on an upgrade yet, but boat appeared near us and was the three cabin option which we wanted. I viewed the engine hours from the perspective of my Lehman's, but seems like I should do some more research.
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Old 09-13-2021, 01:35 PM   #5
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Loved the 46, just did Juneau to Ketchikan. I too am looking for a 46 or 47 CL. Different boats of course, with the latter 47 being more of a planing hull. We had the two stateroom galley down version, 2001 model. I found it to be very well built, laid out, high quality interior. Wife loved the galley, especially the commercial style refrigerators and freezer. Seems all boats now are selling near asking, been wondering when that will slow down or are we at a new normal with inflation being what it is. I'm looking at the top of the market, low hours, latter model, but nothing, just nothings out there for sale. Go for it if it checks out, I think you will like it. We were next in from the 64 Out Islander.
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Old 09-13-2021, 01:47 PM   #6
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Thanks for the input everyone, I'm currently running Lehman's, which I've always considered pretty indestructible. Wasn't planning on an upgrade yet, but boat appeared near us and was the three cabin option which we wanted. I viewed the engine hours from the perspective of my Lehman's, but seems like I should do some more research.
Nothing wrong with 3208s, but the TAs can be run much harder so their life may also be shorter. Not saying that the life will be short, but make sure they check out before buying since you donít have any way if they were run hard for 3,000 hours or idled for that time.
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Old 09-13-2021, 01:53 PM   #7
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I’m far less experienced so heavily discount my opinion, but the 3208’s run in a trawler low rpm don’t seem to be a problem. My mechanic has serviced mine (435hp) since new and at 2,400 hours swears by them.
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Old 09-13-2021, 02:07 PM   #8
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Iím far less experienced so heavily discount my opinion, but the 3208ís run in a trawler low rpm donít seem to be a problem. My mechanic has serviced mine (435hp) since new and at 2,400 hours swears by them.
Agree, if they were run like a trawler then they should last almost forever, but if a PO ran the boat like a planing hull then they may not last as long. The problem is you donít know how they have been run so get a really qualified Cat engine mechanic to check them out.
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Old 09-13-2021, 02:25 PM   #9
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I'm sure you saw this one, seems to have the type of hours you are considering. And fiberglass decks, that has to be a plus although I love the look and feel of teak.

https://www.yachtworld.com/boats/198...assic-3875639/
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Old 09-13-2021, 05:06 PM   #10
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Agree, if they were run like a trawler then they should last almost forever, but if a PO ran the boat like a planing hull then they may not last as long. The problem is you donít know how they have been run so get a really qualified Cat engine mechanic to check them out.
Although, said with some humor, the fuel burn increase when you go beyond trawler speeds on a semi displacement hull makes almost everyone runs these at trawler speeds! Sport fisherman planing boats hurrying to hit spits, yeah Iíd be worried about those being run continuously at WOT!
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Old 09-13-2021, 05:13 PM   #11
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Someone who could fork over the dollars to buy a new GB 46 probably has the money to burn fuel like crazy.
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Old 09-13-2021, 05:20 PM   #12
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Someone who could fork over the dollars to buy a new GB 46 probably has the money to burn fuel like crazy.
No doubt, I’m sure. The Flemings and Grand Banks I’ve noticed here in British Columbia all run trawler speed though too! Maybe east coast out running weather or getting to moorage. Or we are just more irrational or frugal! ��

The great advice above about carefully having the engine checked though clearly is valid and important. I don’t want to minimize that.
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Old 09-13-2021, 05:28 PM   #13
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If you buy a GB, I’d say you have no interest in going fast. If you did you would buy a planing hull.
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Old 09-13-2021, 05:40 PM   #14
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If you buy a GB, Iíd say you have no interest in going fast. If you did you would buy a planing hull.
Then why do they put 400HP engines in them?
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Old 09-13-2021, 05:46 PM   #15
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Then why do they put 400HP engines in them?
Fleming, for example, says it is for the optionality of being able to outrun weather or make moorage before dark. Tony Fleming gives an example of where he was cruising at 10kts and the weather service he used said if he increased to 14kts or something like that for 3 hours he would outrun the weather, which he did. And at the same speed the larger and smaller horsepower engines burn about the same.

Thatís what I was told.
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Old 09-13-2021, 06:09 PM   #16
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If you buy a GB, I’d say you have no interest in going fast. If you did you would buy a planing hull.
Howard, They are planing hulls. All it takes is 40-50 gallons per hour. Never understood why they put Turbo after cooled engines in those boats. I guess post 15 explains it?
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Old 09-13-2021, 06:21 PM   #17
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I have twin CAT 3116s turbo. 350 hp each. I once went 12 knots to make a bridge opening. I slowed way down afterwards to make up the fuel difference. I once hit 14 kts going through the Race on the Long Island Sound. Wow that was fast! Terrifying!
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Old 09-13-2021, 08:49 PM   #18
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I'm sure you saw this one, seems to have the type of hours you are considering. And fiberglass decks, that has to be a plus although I love the look and feel of teak.

https://www.yachtworld.com/boats/198...assic-3875639/
That's actually the boat. Good catch.
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Old 09-13-2021, 09:06 PM   #19
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That's actually the boat. Good catch.
Great! Looks nice, nice to see it in fresh water, would be a bonus if it spent much of it's life there. That is the perfect place to buy boats. short seasons, heated shed kept.
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Old 09-18-2021, 06:52 PM   #20
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Just an update, have an accepted offer on the boat contingent on marine survey and a certified Cat tech. Excited, but I've seen a decent number of deals fall apart during survey. Cautiously optimistic.
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