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Originally Posted by BattleCry
(Post 3128927)
A friend in LOTO sold a mid 80's 40 Fountain with blower motors running and complete for $15K. It needed interior, cleaned/buffed, and didn't have a trailer.
I'd be at $10K-15K without looking at it. Engines could easily cost $10K/pair and $2K/pair for trans, plus misc and install. The drives...Good Luck. Parts could be tough to find and you may have to rebuild them. DD I have looked all over this thread for mention of #3s or a pic and I'm just not seeing it. It must have been deleted. But your buddy ....15 K ..wow, thats crazy !!!:eek: |
To me when you are buying a project boat like this you have to value it like you could walk away from it when you find a big problem.
To me, I could throw 5K at it and if it looks like the point of no return it becomes a 5K scrap project. Too many unknowns on this age of boat, is the transom/stringers rotted, fuel tank leaking, is the trailer any good, are the drives (no matter what the make) usable. This is a boat you can only do a limited survey on, however if it was a boat that I could drive for 10 minutes then it takes a lot of guessing out of the purchase. Unless the buyer has a pair of running engines and a killer set of tools (and the knowledge and time to use them) this boat is going to be a loser. Anyone remember the guy Jay that bought a running Apache used it a couple times then stripped it for a restoration/re-rig only never to get the boat wet again or that guy in California that dumped crazy money into that old Scarab/Excalibur only to have a 1/2 finished boat that he has 15-20K into but has NEVER run. This boat is one of those projects! |
the picture link to my photobucket got screwed up i will repost the pictures in the morning
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Seems like a nit of work and more money than its worth unless you enjoy up and down and up and down fixing and fighting. Its worth 30 as a complete boat. PM me for pics of mine and Ill Give you a test ride with trailer surface drives and fast. :drink:
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Originally Posted by jcturbo6100
(Post 3128722)
............i don't want to lose money on it.
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If you are thinking about this, I will share alittle info, I took on a major project, I am still in the works of getting it on the water. For the the amount of money I currently have into it, I could have purchased a very nice and newer bigger boat. For me, it was different as this is exactly what I want in style of boat, and I am doing everything the way I like it, I am still almost 10k away from being done, and that does not include interior! Just dropping in a set of engines never goes how you think it will in your head!
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I also look at a purchase like this as to what the boat will part-out for. The reason being, if at some point another deal comes up that I want, I can always get my money back in parts i.e. drives, gimbals, controls, engines, trans, hull, and trailer. There will always be people out there that believe they can buy a cheap hull and rig it themselves to save a bunch of money.
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Originally Posted by jcturbo6100
(Post 3128760)
well the motors were out of the boat being rebuilt over the winter. The guy who owned the boat didn't have the money to pay for them when they were done. So the guy the rebuilt them keep them until he came up with the money..
well the repo guy found the boat before he had the money for the motors so that it why the motors were out |
I can buy the boat cheap I think just got the call.....
I think i will buy it and just resale it the way it is.... Does anyone think i would have a problem gettin 11-12k for it |
picture were readded
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