Just got the results from a mechanical survey, and it looks like the saildrive is very slowly leaking water into the engine. The oil isn't grey or slug.......yet.
Boat is a 1979 Hughes 35, $19 900 CAN. The rest of the survey turned up nothing major, but I'm concerned about the engine costs. The price is about $10 000 under what i was looking to spend, and this boat has actually dropped $8000 in price in the last month. A new engine of the same size (27hp) will cost around $8000 when replaced, but it runs fine and i should get some time with it, but then again i guess it could go anytime.
I always planned on replacing the engine a few years after buying a boat because i knew for this price the chances are the engine is near the end of it life.
So should this be the deal killer? Or since the price is so low should i go ahead and then maybe get myself a brand spankin new engine and enjoy the reliability of it?
Boat is a 1979 Hughes 35, $19 900 CAN. The rest of the survey turned up nothing major, but I'm concerned about the engine costs. The price is about $10 000 under what i was looking to spend, and this boat has actually dropped $8000 in price in the last month. A new engine of the same size (27hp) will cost around $8000 when replaced, but it runs fine and i should get some time with it, but then again i guess it could go anytime.
I always planned on replacing the engine a few years after buying a boat because i knew for this price the chances are the engine is near the end of it life.
So should this be the deal killer? Or since the price is so low should i go ahead and then maybe get myself a brand spankin new engine and enjoy the reliability of it?
