Going to check out a '93 tomorrow

[chesapeake724]

Hmmm...that changes things.

I called back to inquire about the compression. The owner of the boat (the dealer is brokering it) happened to be there. He inherited the boat and it sat for two years. They ran it in the water recently and 'it ran fine'. I said, well did someone ever run a test and get numbers. After a split second's hesitation (short, but noticeable), the salesman says that 5 of 6 are at 130psi and 1 of them is at 100psi. But 'that isn't all that much'. Not much? Sorry, pal, but I know they're supposed to be within 5% of each other and that's over 20% difference on that one cylinder. Anyone happen to know what Yammy's factory spec says? I think it's a 200TXRR.

So, knowning this, do I run away from the boat? Do I cut my offer way down and proceed with caution? A sea trial was always a condition of the sale, so I can be the judge if it runs 'fine'. But I don't like those numbers.

Thanks for the input so far, gents. It's greatly appreciated. And yes, I am leaning towards pulling the trigger.

[chumbucket]

If those numbers are in fact correct, It would certainly play into the bargaining. Especially at that asking price. Better you should do your own compression test as well as a sea trial. Do the compression test after it's warmed up too. I think the $9800 was a reasonable price range to be in leaving room to bargain. But if one cylinder is bad and you're looking at a $1200 power head rebuild, then it's a different ball game.
It may not turn out as bad as you'd think. A real nice boat for the right price would be worth a lot of family enjoyment. ;)

[chesapeake724]

macojoe,

You're a good man. I just went over to iboats and lo and behold, someone has recently inquired about the 200TXRR. Appreciate the effort!

Will

[macojoe]

I was just going to tell you what they said!! But you have beat me to it!!

Well Good Luck with it.

My 2 cents:

The guy is sellin thru the broker cause he can't sell on his own. The engine is the problem. How big - you don't know. Could just need a new head gasket - not likely. Could have a cracked block and need a new block. The motor is the dealbreaker cause the broker won't sell the boat without the motor. Do you want to pay a mechanic to go over the motor, and even if you do - how much will he be able to tell you ? - cause they ain't gonna let him rip the motor apart. The broker will probably decline your offer if it is just for the worth of the hull and lower unit. They will just wait for some other sucker to come along, unless the owner is desparate for a sale. Try to buy from the owner direct for what the broker was gonna give him.

Don't get hung up on NADA values. They are AVERAGE values and they are always low for the v20's that are in good shape and high for the v20's that are in bad shape. There are also BUC values which are much higher and presumably reflect hulls in better condition. Offer the owner or broker the BUC value of the hull, but don't mention BUC.

You could or should do a survey of the hull, if you are not sure of your own ability. A 1993 will likely have water infiltration in the wood core surrounding penetrating fasteners, but the wood will PROBABLY NOT BE ROTTED YET AND YOU SHOULD BE ABLE TO CORRECT THESE DEFICIENCIES AND PRESERVE THE HULL WITH THE TENDER LOVING CARE THIS WEBSITE PROMOTES.

Superclean is a silly term borrowed from used car dealers that means the boat doesn't have dents and dings and scratches.

Good luck.

[macojoe]

Iboat says!

that motor is blown or severly neglected. run,run away.
a 30 psi spread is very very bad.
good luck and keep posting
PS if you really want to know the condition of the cylinder sealing have a leak down test done. its much more accurate than compression.
--------------------------------------------------------------------------------
Posts: 3075 ***124; From: Kitty Hawk NC ***124; Registered: Sep 2003 ***124; IP: Logged ***124;

===============================

I have a 225 from the same year. Definitely check for corrosion, but also it should have had new thermostats & water pump and a carb rebuild at least once in its life....
--------------------------------------------------------------------------------
Posts: 179 ***124; From: Boston ***124; Registered: Jul 2004 ***124; IP: Logged ***124;

================================

[reelapeelin]

Unless the owner finds a complete FOOL, he'll have to deal with some body on that motor...if the hull is that good, go after it based on a rebuild or repower(my preference)...find out what a rebuilt powerhead and labor to install(whether or not you do it yourself) are worth and deduct from asking price; then a little more for your trouble, and make an offer...if the broker has any scrupples(I know, they're hard to find these days) he'll be obligated to take it to the owner...I'd love to find a late model that needs repowering(hang a big Zuki or Honda on that bad boy)...that'd be perfect boat to me...alas, facing two collge tuitions, better be happy w/what I got ;D

[chesapeake724]

Okay, between iboats, my fishing board, THT, and here I'm getting a lot of feedback. In my book, it's all good, because you can never have too much info.

Here's what I think is going on. Someone inherited the boat and wasn't a boater or doesn't know much about boats. So, after storing it for two years (had to be decently sheltered if not indoors), they want to sell it so they took it to a Wellcraft dealer (umm, since it's a Wellcraft) to broker. All visual clues point out the boat was either cleaned religiously after saltwater use or may even be a freshwater boat: windshield frame and metal hardware have no pits/oxidation, no bottom paint, zincs have little wear, Delaware registration (Delaware River is fresh, then brackish as you get into Delaware Bay), etc.

So back to the 'extremes'. It's ranging from "the motor might be fine for years as is" to "the motor is dead and you're looking at a complete rebuild. If the head isn't toasted at this cylinder, can the hole be bored and an oversized piston installed? To me, this is an almost ideal middle ground between doing nothing and completely rebuilding it, but I'm not getting much feedback on possibly "fixing" just this one piston. Is that because it's just not that likely?

Many thanks again. These boards are wonderful things, and that's because of the caliber of people on them, like you gents. I'm going to let fate have some influence. I'm going to tell the salesman that I can't come in until Friday, and what I'm going to offer. I'll split the difference between zero value and book value for the motor. That way, if it's toast, then my budget allows for the rebuild (repower not in the budget) and it just means I paid a better-than-fair price for an above-average hull and the trailer. Considering the time of year, I'm with reelapeelin' that the broker should lean on the owner to take my price or generally speaking, go to bat for me as the buyer.

Playing devil's advocate, looking at it from all angles, etc. I got a question: why didn't the dealer buy it instead of brokering it? It could mean something, it could mean nothing. It may just be that the dealer isn't into buying boats outright. I inquired about my trade-in and they didn't even consider it. It was too old ('88), and maybe they consider this '93 too old as well.

P.S. The Admiral sees how out of sorts I am, and she said that if I thought I could handle the note, that she trusted me. My wife rocks! (Although, it didn't hurt that we were out on the Bay yesterday on friend's boat, the weather and seas were awesome, and she waxed nostalgic about all our great times boating.) I said that we'll raise our kids to love it, too, and this is a great boat for it.

CPK

You need to forget about the motor, and disregard the electronics ( they are old and have little resale value).

You need to determine what is a fair price for the hull (assuming it is in great shape), and most importantly - what the hull is worth to you.

Base your offer on that. The motor is a crap shoot at best and you should not be spending good money on that, even though that is what the broker has convinced the owner that he will find someone willing to do that. If the motor was a reasonably easy fix - the owner would have done that.

Try to get an idea of:
How long the broker has been trying to sell the boat?
It is the end of the season - what happens if boat is not sold? Does boat go back to owners property or does owner pay to store it for winter with broker?

You hold all the cards. Good luck.

What about the note?

If you are financing with the broker - he will be making money on the note.

If you need to finance this boat, it sounds like you will need to finance a motor, too. Can you afford to do that? Honestly, xxx dollars a month seems worth it in September, but will not feel good December thru April when the boat is in your icy driveway and you are paying 2 dollars a gallon to heat your home.