
10-13-2006
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ASA and PSIA Instructor
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Join Date: Apr 2000
Posts: 2,977
Rep Power: 13
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You should get a quote from a good yard, who actually looks at the installation and quotes appropriately. Then double whatever they say, such quotes are rarely accurate, and decide whether you'd be happy eating that amount - if not push it back to the seller, it's all negotiable. But pay close attention to whatever time limit you have for terminating the deal due to survey issues - once you pass that date your leverage is gone. If necessary, submit the cancellation notice but include an offer to continue the deal if more time is provided.
My personal wild guess for this work on an unknown boat, would be $2-5,000.
If this is the only material issue found in the survey, that's pretty good, or the survey is pretty weak. Be sure to have an engine survey done, if you haven't.
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