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-   -   What Will This Do to Value? (https://www.offshoreonly.com/forums/general-boating-discussion/245416-what-will-do-value.html)

TW720HVY 01-10-2011 08:58 PM

What Will This Do to Value?
 
I understand that value is a fine line for what one will pay for something and what one is willing to sell something for. In our own minds (whether being the buyer or the seller) the value can sometimes be miles apart.

More specifically what I am looking for is whether it will be value added or value removed to an engine that has work done on it. I have a lightly used 2007 496HO with less than 100 hours that I am wanting to do some major upgrades on through a very well know marine performance shop (they build race engines). It will be a naturally-aspirated engine in the 575HP range.

My concern is will this increase or decrease the value of this engine/boat when it comes time to possibly sell it.

Number one concern is that this engine is built by the correct guy/shop and done correctly with ZERO corners cut. But if in the long run it will hurt it even more than I would like to know now before getting the wheels in motion.

Thanks for reading and thanks for offering your help. :drink:

Griff 01-10-2011 09:07 PM

It will most likely make the boat harder to sell later.

Your 496HO is probably worth more as a complete engine than the parts off of it that you would use the new build. I would sell your engine complete and then start from scratch.

PhantomChaos 01-10-2011 09:15 PM

Stock always seems to be better when selling since the buyer knows what they are getting unless it is a nationally known marine builder like Teague or Pfaff or Zul.

TW720HVY 01-10-2011 09:45 PM

Thank you guys for the reply.

Griff... basically that is that we will be doing. The only thing that will be used is the crank. But what suggestions do you have for starting from scratch?

Sydwayz 01-10-2011 10:11 PM

Preserve the 496HO, pull it and put it on a pallet in the corner.

Build yourself a new engine with the HP you want, and then you can offer the buyer a choice in come resale time.

orthos1 01-10-2011 11:02 PM

X2

SS930 01-11-2011 07:21 AM

x3 That makes the most sense to me too.

FWIW, I'd pay a little more for a well done modded 496HO than I would for a stock 496HO. But then again, I wouldn't even consider a stock 496HO. I know a lot of guys look for stock power, but I have no interest in a slug engine. I wont even look at a boat with 500EFI, even though I know a lot of folks love these engines too.

So I guess it all depends on the buyer.

Big Time 01-11-2011 07:32 AM

If I am a buyer I am also going to look at what drive you have. If you are really putting that kind of HP (575) I would expect to see an upgraded drive (XR) on it, but that is just me.

TW720HVY 01-11-2011 09:08 AM

Thanks everyone for the replies.

Stormrider 01-11-2011 09:17 AM


Originally Posted by Sydwayz (Post 3294021)
Preserve the 496HO, pull it and put it on a pallet in the corner.

Build yourself a new engine with the HP you want, and then you can offer the buyer a choice in come resale time.

x 4.
Put the stock engine back in when for sale, and take your 'built' engine w/ you to the next one.

Dwane 01-11-2011 09:50 AM

It will not add any value if anything it will hurt you in the long run. If you do it do it because you want it.

Waterdogs 01-11-2011 09:55 AM

X2

f_inscreenname 01-11-2011 10:08 AM

Motors are worth more then what wraps around them in most cases. If you can afford it the best thing is like said, put the 496 on a pallet in the corner. After you drop the kind of money you are talking on a motor by building one from scratch you will want to keep it forever.

Griff 01-11-2011 01:45 PM


Originally Posted by TW720HVY (Post 3293989)
Thank you guys for the reply.

Griff... basically that is that we will be doing. The only thing that will be used is the crank. But what suggestions do you have for starting from scratch?

Personally, I would keep my eye on the classifieds for a used low hour engine. There have been some great deals.

I definately would not tear into your 496HO just to use the crank.

4bus 01-11-2011 02:30 PM

Or build your new engine, add gill exhaust, can of $30 Merc blue for the intake, Merc racing valve covers, and a Merc racing Spark arrestor. When you sell your value will be higher because it has a stock "Blue" carb 500HP motor in it :lolhit:

Had this happen to a friend, the only reason we knew was because it popped and tear down revealed a 454 mag engine with merlin heads and 500hp intake.

TW720HVY 01-12-2011 08:59 AM


Originally Posted by 4bus (Post 3294547)
Or build your new engine, add gill exhaust, can of $30 Merc blue for the intake, Merc racing valve covers, and a Merc racing Spark arrestor. When you sell your value will be higher because it has a stock "Blue" carb 500HP motor in it :lolhit:

Had this happen to a friend, the only reason we knew was because it popped and tear down revealed a 454 mag engine with merlin heads and 500hp intake.

That is exactly what I do not want to do! :lolhit:

Thanks everyone for the info, help and ideas. :drink:

Big Boys Toys 01-12-2011 10:42 AM

If the boat and motor has only 100 hours why do want to upgrade so soon?
There is no limit as to what you can spend. New Aluminum or stainless steel manifolds, Boring, pistons, camshafts, bigger heads to produce more power. Bigger intake more carb , now will the outdrive handle the additional torque. New prop.
Keep it stock use the boat as it is. There will always be somebody faster than you out there based one thier pocketbook.
Post what you decide to do.
Best of luck which ever way you decide to go.
Some people Gearheads just like to screw around with big ponies, if so just go for it but you will probably not see the money back. Especially when fuel is going up and up and up!

4bus 01-12-2011 08:36 PM


Originally Posted by TW720HVY (Post 3295217)
That is exactly what I do not want to do! :lolhit:

Thanks everyone for the info, help and ideas. :drink:

:D BTW I agree about putting the engine in the corner, documenting hours, and putting it back when you are done.

Every toy I upgrade but keep the stock parts, when done the stock parts go back on the the mods go up for sale. Recently with a snowmobile the aftermarket parts pulled more than the 3 year old sled did. The parts netted me about 95 percent return of cost on ebay.


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