Ok,
If you haven't been following the old thread, here's the condensed version:
-Bought my first boat off Ebay and picked it up on Halloween (I know).
-Brought her home and put her on the local lake and ran around for about 15-20 minutes, and could not get it on plane, or over 2100 rpm.
-Brought it home, checked a few things, ran it on the muffs, etc.. checked the oil and..............chocolate milk.
-Had it winterized and was going to store it until spring when I could work on it and boat shop says it has a rod knocking.
-Did some research, pricing, etc. and it will cost me around $1300 to rebuild the motor that's in it, and between 500-750 to put a junkyard motor in it (swapping all the marine stuff from mine onto the junkyard motor). I understand the minor differences that make a marine engine different from auto, like cam, freeze plugs, carbs, etc.
I bought the boat (1977 Glastron SS-V 189, merc 888 open bow) for $724. It will need minor work on the hull (bow eye, replace the center floorboard, a gage here and there) and am estimating generously around $500 to fix these issues. So $1224 for the boat, plus $500 to $1300 to get the motor situation going. High side estimate for what I'll have in it, $2524, plus whatever Murphy might throw at me.
-So my question is this, do I part it out now, and try to make back my original $724 and try to find another, or fix this one? I like the boat, but I don't want to do something like repair a boat only to have folks ask me "Why didn't you just get out of it while you were still not too deep?"
If you haven't been following the old thread, here's the condensed version:
-Bought my first boat off Ebay and picked it up on Halloween (I know).
-Brought her home and put her on the local lake and ran around for about 15-20 minutes, and could not get it on plane, or over 2100 rpm.
-Brought it home, checked a few things, ran it on the muffs, etc.. checked the oil and..............chocolate milk.
-Had it winterized and was going to store it until spring when I could work on it and boat shop says it has a rod knocking.
-Did some research, pricing, etc. and it will cost me around $1300 to rebuild the motor that's in it, and between 500-750 to put a junkyard motor in it (swapping all the marine stuff from mine onto the junkyard motor). I understand the minor differences that make a marine engine different from auto, like cam, freeze plugs, carbs, etc.
I bought the boat (1977 Glastron SS-V 189, merc 888 open bow) for $724. It will need minor work on the hull (bow eye, replace the center floorboard, a gage here and there) and am estimating generously around $500 to fix these issues. So $1224 for the boat, plus $500 to $1300 to get the motor situation going. High side estimate for what I'll have in it, $2524, plus whatever Murphy might throw at me.
-So my question is this, do I part it out now, and try to make back my original $724 and try to find another, or fix this one? I like the boat, but I don't want to do something like repair a boat only to have folks ask me "Why didn't you just get out of it while you were still not too deep?"