OK, so I bought a 1987 19' cuddy cabin with Merc 5.0 I/O for 4400 including the trailer. After one season, I noticed a 1 sq foot soft spot in the floor. So I took it to a repair shop, that wanted $1500 to replace the floor. They cut the floor out, and discovered one of the engine stringers and the transom was bad. I've seen it, its definitely the case (whether they were shafting me with the $1500 to get me in there is a whole other story). So I'm left with a boat with no floor, rotten engine stringer and transom, and $300 of labor (to get the floor out).
I can get probably $1500 out of the engine, lower unit and trailer. Or I can pay $3000 (estimate) to replace the floor, stringer and transom. So is it worth it? or do I walk away. I think its worth it, but if someone disagrees speak up (the rest of the boat is in great shape cosmetically, better than when I bought it, I'm thinking I can resell after the repairs for 6000 if I wanted to)
Anyways, they're going to have the engine out, and lower unit, so I think now is the time to replace any common parts that go. For instance, I'm planning on replacing the trim sender and limit, since that's already broken. Anything else? Gimbal bearing and bellows are about 2 - 3 years old.
Here's my thought process, lets say HYPOTHETICALLY the oil pump is on the bottom of the engine, and only costs $50 to replace, but if it went with the engine in the boat I'd have to pull the engine and cost me $800. See my what I'm getting at? So are there any common parts that are known to fail that I should replace?
I can get probably $1500 out of the engine, lower unit and trailer. Or I can pay $3000 (estimate) to replace the floor, stringer and transom. So is it worth it? or do I walk away. I think its worth it, but if someone disagrees speak up (the rest of the boat is in great shape cosmetically, better than when I bought it, I'm thinking I can resell after the repairs for 6000 if I wanted to)
Anyways, they're going to have the engine out, and lower unit, so I think now is the time to replace any common parts that go. For instance, I'm planning on replacing the trim sender and limit, since that's already broken. Anything else? Gimbal bearing and bellows are about 2 - 3 years old.
Here's my thought process, lets say HYPOTHETICALLY the oil pump is on the bottom of the engine, and only costs $50 to replace, but if it went with the engine in the boat I'd have to pull the engine and cost me $800. See my what I'm getting at? So are there any common parts that are known to fail that I should replace?