Here's Why
I have just purchased the boat. I am doing a complete rewire, AC & DC. There is mast compression, most of the bulkhead tabbing is cracked, and it has 2 doz. small blisters. I will be rebuilding the galley, and re-installing the Cold Machine in a new Ice Box. I am also planning to move the shrouds outside the toe rail.The present engine has no compression, is leaking oil from the head, and sounds like the mechanic left his ball peen hammer in the cylindar. It will only start with a fresh battery and a can of either.I expect my costs to approach 40% of a new boat when I am finished. If I spend $1,500 to $2,000 now, in five years I will still have a 27 year old, under powered, noisy engine.Not counting hoses, which I would replace anyway, the engine will cost me between $5,500 and $6,500 depending on the model. Modifying the shaft to accept a 17" prop may be a later consideration, but at this time I will use a 13x13 three blade.