Hey everyone. I was wondering what everyone else's worst boat purchase was and hoping I might feel a little better about mine. I bought 4 yes ago a 12' Peterborough (from what I am told) 2 person speedboat with I beleive 1967 evinrude lark motor 40 hp with electric shift for 800 bucks and trailer. Ran good in the yard when I looked so I impulse bought. After putting new lights bearings and tires on the trailer Got it to the lake and wouldn't run. Countless hours at home and I found the side casing of the head was cracked. I bought a 40hp Johnson 1972 was told it was a 79 but whatever. More countless hrs Installing lights, new ignition, taking out previous electronics and with that and I had 3 trips to the lake with it not running and finally a trip of success. I got 26 mph with 2 adults and the only way it would plane was both ppl leaning over the bow to get it down. Next few times out to the lake wouldn't run. I have now had it 4 yrs and had it running on the lake twice and have a total of aprox 2500 dollars invested. Tried to sell for the original 800 and can't get an offer over 400.
So I was just wondering if anyone has any similar stories that they would like to share
So I was just wondering if anyone has any similar stories that they would like to share