Re: '77 32' pacemaker project boat
Originally posted by JAZZedBW:<br />We are currently in the middle of negotiating the purchase of a '77 32' pacemaker.
//<br /><br />You're talking a salvage boat.<br /><br />Here's the rule of thumb:<br /><br />New engines are worth $100 per horse power.<br /><br />Old engines --more or less running --are worth $10 per horse power. <br /><br />Old worn out boats are free. <br /><br />People will even pay you to make them dissapear from under their kitchen window.<br /><br />Old trailers are worth the axles under them.<br />(a 2,500 pound axle costs about $180 new.)<br />Make a value judgement from there.<br /><br />Old boat engines that won't crank & run, , they are worth the 'core deposit' on their blocks. <br /><br />Add it all up,,,,,,<br /><br />and ,,,, If you're capable of restoring a old boat,, that sounds like a good one to do. You have more to start with than the guy who inherited his Dad's 1958 Chris Craft Constelation. <br /><br />But, if ya paid more that $7 grand for it.....<br /><br />Well, you could have done better if ya'd bought it below Mason/Dixon.<br /><br />Good luck with it if you go that route.<br /><br />When the dust settles--- you'll have a .25 million dollar boat for under $15,000, about 2 years from now, when you're done with it.<br /><br />--that means figuring your labor being worth about 9 cents an hour.<br /><br />Ed.
