ronobrien
Guru
Obviously there are prospective buyers for almost any scenario. In Nov 2020 I bought a 1973 GB36 fairly cheaply given the market. The seller was motivated for personal reasons and I knew that the boat had problems as well as some strengths. I am doing pretty much all the work myself, but I am experienced and I enjoy the work. I offered about 10% under what was already a fairly low price and they readily accepted, as I think they understood that there probably weren't going to be a lot of people in my position. If I were considering the market value of my labor I should have offered less, but I was happy with what I got for myself, I liked the seller as a person and he turned out to be very helpful and generous to me after the sale. My point is that you will likely experience a small market in a non running condition. You will likely need to be very flexible in your pricing, and it may take a while to move. I'm not suggesting what you do, just conveying my experience and opinion on what your options will likely be if you choose to sell as is. Best wishes.Fellow Boaters I have need of your help.
My Lehman 135 overheated (loose fan belt) and shut down. We had to be towed in.
The engine would not restart. Flywheel will not turn. Slight smell when the valve cover was removed. No water in oil. Expansion tank holds coolant.
Bottom line, getting an engine out of a Grand Banks is not easy. I have done it twice. But the engine should come out to be repaired. (My mechanic) He suspects broken shaft.
Cummins has an engine, 6BT Retro I believe, that has been known to replace the hard-to-find Lehman engine in decent shape. Cost around $10,000. I figure the replacement costs including on-the-hard would be between $15,000-$20,000.
So here is my dilemma:
Wife wants to sell. Tired of engine swapping. Does not want to spend another dime, sell as is.
I see on the boards, Grand Banks are a desired boat, running.
Not sure about not running.
Should I repair, go through the trip to the yard, spend the money and then sell
\or
Sell as is and take the hit?
Your thoughts?