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Engine hour meter - how important for resale and options

4842 Views 15 Replies 14 Participants Last post by  stuartsw
Hi.

Yanmar 29 3YM 2006. Engine control panel hour-meter stopped working (known problem with these). Otherwise control panel functioning. Replacement quoted at $1500 ($CDN). Considering selling boat to upsize in next 1-2 years.

Questions:

1. How important is knowing true number for engine hours when selling (it was somewhat important for me when buying)? engine in great condition, my best estimate of actual engine hours is around 6-800.

2. Do you think new engine control panel will show engine hours from beginning or will it restart at 0 hours? i.e., is the engine hour recording in the panel itself or on the engine? If its just going to restart at 0, no real point in replacing it.

3. Are there any other options?

as always, thanks much in advance!
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I recently purchased a used vessel with a Volvo-Penta diesal. Previous owner told me up front the hour tracking was not accurate. So I deducted the cost of an engine survey ($200) from my offer. Survey confirmed all was well with the engine so I was satisfied, and will keep an accurate log from now on.
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