Originally Posted by GeoZ (Post 3839169)

Low hours, but the boat was stored for years outdoors, and very poorly. Freeze plugs were pushed out on both engines. Skipper Buds had it on consignment 2 months ago for 15k.

I have pics of the condition.

Originally Posted by aquaforce (Post 3839438)

The pic claiming it is getting detailed shows rust sign of long weather exposure. My guess is Pier57 fixed it to flip it. Since Formula has a fiberglass linered cockpit it can hold up to a lot more weather than a wood floor boat. That doesn't mean it is impervious to weather damage but a good build helps a lot.

Maybe it is a deal but only a survey would tell.

Originally Posted by Entourage (Post 3839521)

Must have left the drain plug in while outdoors. Its too bad boats like this fall into the wrong hands. The crack is prob from the water freezing in the engine compartment. Handy man special winter project.

Originally Posted by GeoZ (Post 3839596)

The crack was from an impact with a telephone pole type pier. Way above the waterline. Clearly visable from the inside, probably fixed on the outside due to no signs of the incident.


The keel and bow of this boat was perfect, it was never beached. This is a 1 owner boat, and was taken care of. Something happened and it was neglected after the 02 season. The filters were dated 2002 with marker around Halloween of this year. The cockpit cover was destroyed from the elements.

I am saying, buyer beware.

Originally Posted by Pier57.com (Post 3848343)

I am not sure of the benefit of starting a thread like this but since it's out there we should probably respond, correct? First of all we have nothing to hide. Yes, this boat has sat for quite awhile, in fact, we think it has sat for up to 9 years. We bought this boat from another local dealer that was selling for a bank. We have NOT and do NOT plan to do any glass work. We have an open door policy and there is not a boat in this building that cannot be surveyed. In fact, we encourage all buyers whether here or somewhere else have a boat surveyed, it's the best $13.00 - $16.00 per ft a buyer can spend.

Not that we need to share but the reason there are not 50-60 pics of this boat up yet, we have not received all the legal paperwork from the bank to sell it therefore, there are other boats in front of it being detailed. We hope to have the correct USCG deletion paperwork from bank this week and then we finish detailing the boat the pics will be up for all to review.

Come on by and see boat for yourself, it's right in the showroom. Yes, it's dirty and will take a few days to clean up but it's not what it's being suggested here. There's no rust on this boat or cracks to our knowledge. When we bought boat, we were told by dealer that someone tried to tell them there was damage that did not exist to try and get a better deal and that another person went as far as to pop a freeze plug out to say it had a cracked block. All compression was excellent, motors run great and have low hours. The gas did smell so we had to pump out and put fresh gas in. As far as water in bilge, there was none when we purchased however there was some water from rain on cabin carpet.

The 15K was an opening bid.

Regards,

Pier 57

www.pier57.com

Originally Posted by T-RAV (Post 3839257)

Where's the pics? Is it still for sale or are you just letting everyone know for when it comes back up for sale?

Originally Posted by Pier57.com (Post 3851476)

Boat came out awesome, here's more than 87 pics taken today.

http://www.pier57.com/web/used/Formu...inois/5596820/

Regards,

Pier 57

www.pier57.com

Originally Posted by Level III Chaos (Post 3851779)

Yeah.............boy that sure looks trashed! LOL That's a fair asking price with 165-ish hours on the engines. Being somewhat of an expert on Formula redo (LOL), and having a 312 myself for a number of years.....it seems like it only needs a new sun pad skin, transom shower cap assembly, and some paint redo on the trailer. Stereo system as nice components for that year age.....Alpine V12 stuff is nice.

I saw the post last night that is now deleted.....not sure if that was in regards to this boat or that other boat mentioned. Good luck........looks like a nice 312!

Originally Posted by mrfixxall (Post 3848736)

Do you know what it would take for someone to pop out a freeze plug?? that rite their is a stupid statment.and trying to pry one out is not happening too easy..you think we are all stupid fools????

QUOTE]

Actually anyone who does engines knows its not that hard, a 1/4 extention and a small hammer, pop it sideways pull plug.... takes 3 seconds... at least thats how I do mine when doing engines....

Originally Posted by Full Force (Post 3853717)

much easier to pop out when its frozen.. i could tell you first hand that it froze but im not going to go their...

NEXT!!.