74 18' Chieftain OB options. Scrap, sell as is, deck and transom and sell?

adamjr

Petty Officer 1st Class
Joined
Jul 23, 2009
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272
I bought a 1974 18' Chieftain with a Merc 850 outboard that runs really well and needs an impeller. I bought it for a really good price last fall knowing it would need a deck and should get a transom. The transom outer skin is pretty abused. The outer wood id not rotten but doesn't look good. The inner transom wood doesn't look to have been installed as a single piece because the division between the lower part and the upper "cat ears" are divided cleanly.

When I bought this boat I was really looking for something that was both a Starcraft and had an I/O. Last month I sold my 16' Clippercraft runabout and had cash in hand for the necessary parts and supplies for the Chieftain. Then a few weeks ago while looking for a donor boat with a trailer with a title I found a 1968 Starcraft Holiday-V 18' with a Mercruiser 120 I/O. Both the boat and trailer have titles. The price was listed at $550 when I looked at it in the morning. I wrote the number down and called in the late afternoon to see if he still had it. I made arrangements to go look at it. Being that it was about 90 miles away and my F-150 is thirsty AND I didn't want to tow an unknown entity home in the dark I elected to drive my fuel efficient car out there and make arrangements to pick it up on Sunday if I elected to purchase. He was good with that. I refreshed the ad on the computer and was pleased to see the price was dropped to $475 about 5 minutes before I made the call. Good timing. It's in my driveway.

Now for the Chieftain. While I like the idea of having two different vintage Starcraft boats I am told by my loving spouse that she has "dealt" with having 2 boats beside our home for the better part of the time we've lived here. We do not have a garage. When I sold the glass boat and we were down to the Chieftain she was excited to have more of "Her" yard back. When I got the Holiday and spoke of MBS and owning two Starcraft's let's just say the conversation took a nasty turn including the words "divorce," "your NEXT wife," "My back yard." I am resigned to selling the boat I want less.

So I have options. Here is how she sits today after pulling the deck and vacuuming the debris:

CH_Aftdeck.jpgCh_Foredeck.jpgCh_headshot.jpgCH_tailshot.jpg

My wife says just sell it as it sits. She suggests $400 with the motor. I told her I wouldn't sell it with the motor (after replacing the impeller) for less than $500.00

I couldn't find a hull only weight on the 18' Chieftain but I found an empty weight of 1088 lbs. Subtract for the deck and outboard and we might be around 700 lbs. At $0.52 per lb for aluminum we're talking $364 and if I replace the impeller (already ordered as it is the same kit for the 1973 MC-1 outdrive on my Holiday) in the 850 I could probably get $300-400 with the controls if I wanted to sell it fast.

So let's say I decide to put down a 3/4" BC plywood deck and 1/2" BC sideboards and cabin divider and dash, no door for the cabin and the transom is the responsibility of the purchaser. I'll use an epoxy paint on the deck, sideboards, and divider to seal it up. I'm looking at about $120 plus I need a tach, fuel, and volt guage, ($10 each used) the wiring for them($30), a fuel sender($25). I'll remount the 18 gallon steel Mirax tank it came with. I have a pair of plain jane pedestals for helm and passenger seats. So I'm looking at about $250 to put into it with unaccounted for odds and ends.

What can I expect to sell the rig for in the quickie re-deck shape? Are my prices about right for the as-is sale? Am I correct on the hull weight? Should I just cut my losses and strip and scrap her and sell the engine separately?

I'm SO CONFUSED and conflicted.
 

InMotion

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Nov 3, 2011
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2,080
Re: 74 18' Chieftain OB options. Scrap, sell as is, deck and transom and sell?

Dear Confused,

Ya that sucks... but boat divorce is a WHOLE lot cheaper than spousal divorce!! It'll likely cost you more than you think... so budget say 25% more for bits and bobs.... but with that said, if it were me personally, put it up as is. Get what you can for it as a "ready to rebuild". This way, someone who buys it isn't ripping it out to Gluvit the seams, put in new positive floatation etc. At least she'll live on to float another day. Just my two cents!! :)

Jim
 

jasoutside

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Dec 20, 2009
Messages
13,269
Re: 74 18' Chieftain OB options. Scrap, sell as is, deck and transom and sell?

I'll also recommend keeping the wife and selling the boat.

No need to scrap it and I definitely wouldn't put any time/money to rebuild and sell as you'll not be able to recoup the investment.

Just sell it as it sits for $500 with the engine or $300 without (rough numbers). She'll make a great project for another guy:)
 

barato2

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Dec 7, 2010
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2,956
Re: 74 18' Chieftain OB options. Scrap, sell as is, deck and transom and sell?

Jas nailed it yet again. doing a semi or quickie resto for sale would generate the same domestic tranquility issues as keeping it for good, so why? my take is that unless a 30+ yr old boat looks REALLY good, it will never bring more than a pittance anyway, whether half resto'd or demo ready
 

adamjr

Petty Officer 1st Class
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Jul 23, 2009
Messages
272
Re: 74 18' Chieftain OB options. Scrap, sell as is, deck and transom and sell?

All good points. Thanks. I'll make an attempt on a craigslist ad this afternoon when i finish up some of my training that i am doing from home today. I so dislike dealing with Craigslist scammers but they are an unpleasant drawback to a service that has worked well fo me overall.
 

jasoutside

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Re: 74 18' Chieftain OB options. Scrap, sell as is, deck and transom and sell?

Gmail filters out probably 95% of my would be scammers. The other 5% just hit delete, no biggie.
 

adamjr

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Jul 23, 2009
Messages
272
Re: 74 18' Chieftain OB options. Scrap, sell as is, deck and transom and sell?

Thanks for the input. A happy ending seems to be in play. This afternoon a buddy of mine, more like a brother from another mother, called to check in. I put him in touch with a customer of mine a few weeks ago that has a BIG boat she wants to get rid of. It's a 26 foot cabin cruiser that had a full galley when she was in running shape. But I digress.

After talking about the needs of the 26 footer and her extensive needs he said "so what about those 2 aluminum boats? Didn't you want to sell one?" So we discussed pretty much what was in this thread. What would I take for it? What comes in the package? What would it need just to go safely into the water?

So I told him for $500.00 he get's the boat, trailer, outboard with controls, the helm. I'll throw in the bolt in pedestals with bass seats, the original fuel tank, the fuel pump kit I ordered over the weekend. That gets it off my driveway. It puts cash in my hand for about 15 minutes until I order the transom reseal parts for my I/O. Most importantly it brings harmony and serenity to Casa De Reizner. Could I get more if I parted it out, sold the motor, and scrapped the hull? Sure, maybe another $150.00. But I would be practically in tears thinking that this classic tinny would be recycled into aluminum foil or beer cans. I also don't have the headache of dealing with the typical craigslist douchebags that guarantee they'll be here causing me to wait around all day for a no-show.

So I hope his buddy is into this because I'd also get to go out on it once it's done as well as helping with if not directing the project.
 

jasoutside

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Re: 74 18' Chieftain OB options. Scrap, sell as is, deck and transom and sell?

That'd be cool if it can go to a buddy;)
 

BonairII

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Re: 74 18' Chieftain OB options. Scrap, sell as is, deck and transom and sell?

I'll also recommend keeping the wife and selling the boat.

I'd need to see a picture of the wife before agreeing with this statement.








:D:p
 

Krichbourg

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Nov 12, 2009
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231
Re: 74 18' Chieftain OB options. Scrap, sell as is, deck and transom and sell?

Happy to hear that it didn't go to the scrap yard. That would be a shame.
Buy your sweetie a little something with the profit. Good luck.
 

adamjr

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Jul 23, 2009
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272
Re: 74 18' Chieftain OB options. Scrap, sell as is, deck and transom and sell?

Happy to hear that it didn't go to the scrap yard. That would be a shame.
Buy your sweetie a little something with the profit. Good luck.

The little something will likely be the maintenance items for the Holiday and a couple of quarts of paint to use in the fall to shine her up.
 

barato2

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Re: 74 18' Chieftain OB options. Scrap, sell as is, deck and transom and sell?

win-win-win deal. 3 people happy. cool!
 

adamjr

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Jul 23, 2009
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272
Re: 74 18' Chieftain OB options. Scrap, sell as is, deck and transom and sell?

Well, Hank told my buddy he's broke, can't afford to do it. So I'm going to have to be a candidate for the TLC needed craigslist ad thread. I'll even submit it myself.
 

adamjr

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Jul 23, 2009
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272
Re: 74 18' Chieftain OB options. Scrap, sell as is, deck and transom and sell?

Some people on Craigslist are major D-BAGS! One guy emailed me that if it didn't sell he'd "give me" $100.00 for my running motor. I posted the ad late Wednesday night. I got a call at 8:20 yeterday morning. The guy tells me he loves these old Starcrafts, has been looking for one for a long time that needed a restore at this price point. He kept me on the phone for 20 minutes. Begged me not to sell it out from under him if I got another offer. Made firm plans that he'd be here at 6:30 tonight. No show and not even a call saying he had a change of plans/heart.
 

BonairII

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Re: 74 18' Chieftain OB options. Scrap, sell as is, deck and transom and sell?

Made firm plans that he'd be here at 6:30 tonight. No show and not even a call saying he had a change of plans/heart.


Buyers do this all the time...it's a stall tactic. They probably have a couple boats they're trying to decide between and don't want them to be sold before he/she makes a decision.

I just had a no-show at 5pm tonight. Thought he flaked out, but got a call a few minutes ago saying that he would be here tomorrow. I don't hold anything for anyone. First one with cash....wins.
 

jasoutside

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Dec 20, 2009
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13,269
Re: 74 18' Chieftain OB options. Scrap, sell as is, deck and transom and sell?

Agreed...

I never count a sale unless I see cheddar in my hand.
 
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