Haven't seen the boat and know nothing about it..... 2002, 496HO's, looks clean..

http://www.yachtworld.com/core/listi...=labmarineinc&

What price should a repo like this go for? NADA has the value at $54,950 - $62,150.

That 2001 358 in NY with about 300 hours on 500EFI's with a trailer went for around $65k at the end of the summer.

How much of an adjustment for a repo with 370 hours on 496HO's with no trailer?

What kind of work should be done on that drive train with those many hours?

I think its worth more than the asking price. BUT I would start with a $50K offer.
The engines shouldn't need anything. There was an engine on ebay with 2500 hours on it, still ran but had low compression on 1 cylinder. I plan on doing the top end of my motors at 1000 hours. But it matters very much how it's driven. My boat has spent 2/3 of its life under 2500 rpm's. Have them scan the computers and send you a print out of the hours on the engines. You will get a break down of how many hours spent at what rpm's. I've seen a 500efi with 85 hours, 80 of which were WOT. I'd rather have an engine with 500 easy hours than one that was ran that hard.

They dropped the price to 59k!!! Has to move at that price! Wow! Anyone looked at it? Looks great in the pics and they are usually pretty good with their descriptions at Lab...

Incredible buy in my book!!

one bad motor ?

Spoke with Lab marine and word is that all is good with this boat, engines, drives, clean and obvious by the price, they want to move it. Even has AC... Get it cheap enough, could always raylar the motors with what your saving... If my garage were a little bigger, I'd be considering it...