Last year I spent 3k in having the 1GM Yanmar rebuild on my 27 Mirage 1982
This summer on the day of my birthday the crankshaft broke at 2200 RPM.
Now I am face with either replacing it with a new engine or sell the boat as
is.
In Canada the value of my boat is between 20 to 26K with a running inboard
engine.
A new diesel can cost me anywhere from 6600.00CAD to 7800.00 adding the 15%
HST plus labor cost for installing.
By the time I am finish installing a new engine I am afraid that I will top
up $10000.00 CAD.
I was already on the market looking for another larger boat. Then the
question is will I recuperate my money when selling my present boat. Any
comments and suggestion from other sailors will be appreciated.