Re: I'm an owner! 1975 Islander 22
I dunno. That might be about right. $2500 for a new motor, $1000 to put it in. I am sure the numbers could be fudged some a little cheaper. But maybe not by much. The good news going this route is you have a great new motor, warranty (right?), and should be in great shape for years to come.
If you go clist, or donor boat, or the like, you are definitely gambling. Might pay off, might not. I picked up a donor, chopped it up, sold the rigging, sold the trailer and now have hardly anything into the entire V6 Alpha drive line. Will it pay off?? Gosh I sure hope so, and think it will, but, it may not. I feel like I made a safe bet but I could be wrong. I won't be out that much (if any) if I lose though.
I am thinking you can be creative and maybe bring that number down a bit. Keep working at it man!!! I still think you have done great considering what you have paid for her
Keep on it!