repowering old boat

EVMIII

Seaman Apprentice
Joined
Nov 18, 2001
Messages
32
Looking for opinions.<br /><br />I have a 1985 Wellcraft 248 Offshore. The hull is solid and the boat is in good shape. It is currently powered by a 1989 Johnson 225 (about 40 hours since rebuild). This engine runs well and pushes the boat WOT @ 35 mph, cruises at 4000 RPM at 29 mph.<br /><br />I have an opportunity to repower with what I beieve to be an very good deal. Twin yamaha 150's (2000) hung with new guages and controls for $12,500. Boat is only rated for 300hp.<br /><br />My concern is I only paid $6500 for the boat and I know I could get that out of it easy. If I spend another $12,500 I now have $19K in a 1985 boat. Even with the new power I'm not sure what the boat would be worth after the repower. Not planning on selling, but always would like to know I could if I needed to.<br /><br />Any words of wisdom. :confused
 

Ross J

Lieutenant Junior Grade
Joined
Nov 30, 2001
Messages
1,119
Re: repowering old boat

Guard Bum, I've always balanced my spending on the principle of - "What would the insurance company pay out if I sank her".<br />his way I know I'm on the right track!<br />Besides, "A boat is a hole in the water that you're always throwing money into".<br />I just couldn't help myself. Good luck with your decision and let us know what you do.......<br />Ross
 

mrm

Seaman
Joined
Apr 9, 2001
Messages
74
Re: repowering old boat

One motor - less drag.<br /> Two motors - better chance to get home.<br /> <br /> Good luck
 

EVMIII

Seaman Apprentice
Joined
Nov 18, 2001
Messages
32
Re: repowering old boat

Thanks for the replys. I have decided to enjoy the boat this fishing season as is and will consider upgrade next offseason. Happy fishing. :)
 
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