Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1   Report Post  
sfcarioca
 
Posts: n/a
Default thinking of buying a yacht

Hey all,

I am thinking of doing what everyone is warned not to do, buying a
yacht that needs a lot of work. To make it worse, I've never owned
anything bigger than an old ski boat and am totally ignorant when it
comes to yacht engines and otherwise. This one is a 1988 34' Bayliner
Avanti with 2 gas engines.

I am receiving an incredible price for it, half of the fair market
value on the hull survey. Here are the troubling parts of the surveys:

- Exhaust hoses burned and collapsed from lack of cooling water.

- Severe corrosion on engine oil cooler and leaking on both PORT and
STBD engines.

- PORT: Outboard manifold has been replaced with center rise unit. Not
plumbed correctly for proper water flow. Mounts for fuel filter
different and secured only by tie straps.

- STBD: Inboard manifold has been replaced with center rise unit and is
very rusty from water leaking from hose connection to riser. Not
plumbed correctly for proper water circulation.

- New alternator installed on engines have mismatched pulley-belt
combination and are slippling.

- Battery terminals unprotected by covers. Engine room has bad rust
and corrosion on motor mounts, brackets, clamps, and metal straps.
Carbs appear dirty and gummed up from lack of use and old gas.

My questions a

- I assume all of those items need to be fixed, what is the ballpark
cost of that?

- In general, how much would maintenance cost on such a boat per year
as more would break? I know it's impossible to know, but should I plan
on spending $1000 per yer? $2000 per year? $5000?

- How much should I plan on spending for insurance and registration per
year?

Thank you so much if you can provide useful information. Feel free to
try to talk me out of the purchase if you want :-)

  #2   Report Post  
Jim
 
Posts: n/a
Default

1984 wasn't a good year for Bayliners. Not TERRIBLE, but not good.

You will find some poor plywood in the construction. You can expect
floor trouble, and the supports. Then there's the transom and pieces in
the engine area, and the deck. All is suspect at this age.

Add to that two engines (rebuilt chevy with marinizing are pretty
cheap), some wiring, plumbing (plastic pipes).

20 year old GAS tanks. . .

You're taking on a lot.
Jim

sfcarioca wrote:
Hey all,

I am thinking of doing what everyone is warned not to do, buying a
yacht that needs a lot of work. To make it worse, I've never owned
anything bigger than an old ski boat and am totally ignorant when it
comes to yacht engines and otherwise. This one is a 1988 34' Bayliner
Avanti with 2 gas engines.

I am receiving an incredible price for it, half of the fair market
value on the hull survey. Here are the troubling parts of the surveys:

- Exhaust hoses burned and collapsed from lack of cooling water.

- Severe corrosion on engine oil cooler and leaking on both PORT and
STBD engines.

- PORT: Outboard manifold has been replaced with center rise unit. Not
plumbed correctly for proper water flow. Mounts for fuel filter
different and secured only by tie straps.

- STBD: Inboard manifold has been replaced with center rise unit and is
very rusty from water leaking from hose connection to riser. Not
plumbed correctly for proper water circulation.

- New alternator installed on engines have mismatched pulley-belt
combination and are slippling.

- Battery terminals unprotected by covers. Engine room has bad rust
and corrosion on motor mounts, brackets, clamps, and metal straps.
Carbs appear dirty and gummed up from lack of use and old gas.

My questions a

- I assume all of those items need to be fixed, what is the ballpark
cost of that?

- In general, how much would maintenance cost on such a boat per year
as more would break? I know it's impossible to know, but should I plan
on spending $1000 per yer? $2000 per year? $5000?

- How much should I plan on spending for insurance and registration per
year?

Thank you so much if you can provide useful information. Feel free to
try to talk me out of the purchase if you want :-)


Reply
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules

Smilies are On
[IMG] code is Off
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Update on Marina Damage -- FL Coasts anchorlt Cruising 0 September 24th 04 08:03 PM
Buying Boat Batteries - Check My Thinking Gary Warner General 14 July 9th 04 07:58 AM
Siphons, anti-siphons & wet exhausts JAXAshby ASA 57 June 19th 04 08:25 PM
Thinking of buying a Tracker 2004 TAHOE 222 Peter General 0 January 29th 04 06:14 PM
Thinking about buying a Tiara Rob General 10 January 28th 04 11:26 PM


All times are GMT +1. The time now is 02:03 AM.

Powered by vBulletin® Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Copyright ©2004-2024 BoatBanter.com.
The comments are property of their posters.
 

About Us

"It's about Boats"

 

Copyright © 2017