question about buying a 1971 reinell I/O

copes

Cadet
Joined
Apr 21, 2009
Messages
6
I'm new to boating and would like input.
Is it a fair price ? Paying 3K
Am I better to stretch my budget and pay more for a newer machine ?
Been told by Reputable dealer that it is a 1 family
boat with approx 100hrs on it.
1971 little 16ft with I/O.
If you'd green light it...I would like thoughts if there are anythings that
I might want to have done as precaution given age.
thank you in advance
 

Action

Petty Officer 3rd Class
Joined
Apr 12, 2009
Messages
85
Re: question about buying a 1971 reinell I/O

100 hours, wow that is very low.....I would checked it out forsure: Transom, floors, etc. Does it have a mercruiser or OMC? If it is OMC, beware parts will be very difficult an expensive if something goes wrong.
It sounds good if it is a 1 owner and has been kept in nice shape. I think for 3k if it is good as it sounds should be a pretty good deal. Are you able to take it out at all on the water?
 

CheapboatKev

Vice Admiral
Joined
Oct 4, 2008
Messages
5,813
Re: question about buying a 1971 reinell I/O

welcome aboard!

3k seems very very steep for a 38 year old boat..A lot can happen to a fiberglass boat in 1 or 2 years, let alone 38..

There are things to look for in the transom area for rot, soft sections of the deck....Is this being bought from a dealer??? How do you know 100 hrs? is there a meter? a warranty??

In todays market, there are many many good deals on boats..I personally would not spend 3k on a lil 16 ft'r that old..
 

ziggy

Admiral
Joined
Jun 30, 2004
Messages
7,473
Re: question about buying a 1971 reinell I/O

you can have a couple year old boat that wasn't taken care off and have a mess. you can have a 30+ year old boat that has been taken care of and be just fine. 3k is large. but not bad if. the boat's in outstanding shape. vinyl good, good solid floor. no signs of water intrusion into the hull. a good running engine. everything on the boat works and looks neat and tidy. do compression tests on the engine, pressure and vac. tests on the drive. look it over with a fine tooth comb. check all the rubber. see if the rubber needs replacing soon or now or has already been replaced. rubber i mean, bellows, shift cable bellows, water hose on the drive. hoses inside the boat on the engine too.

granted todays market ain't what it was when i was looking to buy in fall of 06. but i saw boats for 5k here that met none of the above standards. + the outsides looked like carp too. it was amazing the garbage folks wanted to sell me...

so be cautious, but a old boat can be ok...

i'd avoid it too if it's omc. omc has been out of biz too long.

try to get a boat w/a common engine/drive package in a old boat. it'll be helpful in future endeavors...

lastly. don't believe anything a seller tells you. you check whatever for your self. then believe it...
 

copes

Cadet
Joined
Apr 21, 2009
Messages
6
Re: question about buying a 1971 reinell I/O

Thank you very much for your thoughts on this question.
being an owner of classic muscle cars I know how tricky
it can be to get parts that may not be in production any
longer.

As I am new to the forum.
I need to ask if it be OK for me to link the web site where the
boat is listed?
I found it on this site from a dealer ad
 

copes

Cadet
Joined
Apr 21, 2009
Messages
6
Re: question about buying a 1971 reinell I/O

I checked the ad and found out it is a 120hp i/o.

Would I pay extra for the dealer to provide me a compression
test and if so what is a fair price to pay?
and would I want to be present while it is done?
 

ziggy

Admiral
Joined
Jun 30, 2004
Messages
7,473
Re: question about buying a 1971 reinell I/O

Would I pay extra for the dealer to provide me a compression
test and if so what is a fair price to pay?
and would I want to be present while it is done?
i only know about the place i bought my boat from. so i don't know if it's the norm. but.
i had the dealer provide me compression numbers over the phone when i looked at my boat. also numbers on a pressure test of the drive and for how long it held. the numbers were good so i drove 540 miles to see my boat. while checking it out in person. another compression test was done after a test drive. the drive was also pressure tested again after the test drive. along with letting me feel the first drops of gear lub that was drained out. this was all done on the dealers dime. i'm sure i appeared like i wanted to buy. but still, at that point the dealer did't have a dime of my money. only my interest.
so i'd think, yes, do it in ft. of you. and for price. i don't know. my dealer dealt with me for 8 hrs + before he got my money. there was no charge for any of the test i ask to be performed...

that boat looks like it would qualify for accelerated prices. she's a cutie... but if i were you, i'd think long and hard about the omc drive it has. like i said. i didn't want one, boats are hard enough to keep going w/o fighting an obsolete drive. my rule when buying was, no omc, no mercriser 470 engines. if either one of those were present, i stopped looking at that boat. no matter how cool it was. to me. the reinell you looking at qualifys for not looking because of the omc. to bad too. if she had a mercrusier, i'd think jump on it.. but it don't and i'd walk on that one.... imho of course..
 

ezmobee

Supreme Mariner
Joined
Mar 26, 2007
Messages
23,767
Re: question about buying a 1971 reinell I/O

Ok, I looked at the pics. That is definitely a cream puff. I'd be very surprised if there was wood rot present with an interior that looks as mint as that. However, it IS an OMC drive, possibly a stringer drive which I think is even worse. However, I AM NO expert on I/O's. So hopefully someone with more experience in that area will pop in. Or you could put a post in the I/O forum and those guys will be able to tell you exactly what drive it is by looking at it and can tell you what issues/parts availability you'll be facing. Unfortunately, with that drive system in it, I don't think I'd pay much more than half that price. However, we have noticed on here that boat prices in the PNW are considerably higher than other areas. It does look like a fun little boat but please make sure you thoroughly research what you could be up against with that drive.
 

Chris1956

Supreme Mariner
Joined
Mar 25, 2004
Messages
28,106
Re: question about buying a 1971 reinell I/O

An I/O in a 16 footer will be very cramped. That is why they were not popular. I think the price is way out of line for that old of a boat. it may look good cosmetically, but under the surface is likely lots of bad stuff.

Tyr to find something from the early 90s. I will bet you will easily be able to, in that price range.
 

Action

Petty Officer 3rd Class
Joined
Apr 12, 2009
Messages
85
Re: question about buying a 1971 reinell I/O

Oh yea I would walk away on that one......omc...different looking then the boat i was thinking of.
 

copes

Cadet
Joined
Apr 21, 2009
Messages
6
Re: question about buying a 1971 reinell I/O

:eek:
thanks for all the responses. I appreciate the input.
I will try to muster alittle more and seek a more recent boat.
 
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