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  1. #1
    Join Date
    May 2014
    Posts
    2

    Default Should I run away from this?

    I have an acquaintance who has an 08 lsv it's white and blue. He hasn't used it since 2012 just too busy he says with kids. Anyway he said the boat was used as a daily rental on lake Murray by a boat club oil changed every 50 hours. The interior is toast so that has to be redone. The boat club put about 400 hrs on it. He's had it since 2010 and put 300 hrs on it. Has nice system, underwater lights, fat sacks etc. now the bad a friend of his ran it a ground. They filed an insurnace claim and it was repaired including a new prop, drive shaft all the way to the motor, new seals, bottom repaired and painted etc. he claims you can't tell and has put 100 hours on it since then with absolutely no problems. on the hours he claims the boat club hours were mostly cruising and his are all cruising sitting. And tubing his kids they don't wake board or surf.

    I wouldn't even consider it but he's only asking 20,000. I would have to redo the interior and his quotes are 3,000-3,500 on that.

    Wanted to get your opinion I'm going to look at it tomorrow. He's getting it de-winterized and oil changed next week so no test ride. I know the guy who wrecked it and I know the guy that owns it and don't think he's trying to pull a fast one

  2. #2
    Join Date
    Jan 2008
    Location
    Tallahassee, FL
    Posts
    11,239

    Default

    That's a tough one. I'd really have to look the boat over. Figure out its value, figure out what you'd like to have it for and then subtract the cost of the professional interior re-do and the value of the down time.
    My Mom said I'm not allowed to get wet!
    2008 LSV
    2000 Outback LS (sold)
    Exile Tunes
    PWI
    LLTR!!!!!!!!



  3. #3
    Join Date
    May 2014
    Posts
    2

    Default

    That's why he said 20,000 is as is with me doing the interior. This would be my first inboard after having an I/o. Found this forum through a friend who has an 06 lsv and directed me to this site during my search for a boat. He has invoices from the repairs and like I said lives 10 minutes away and we are decent friends don't think he's lying but the hours plus the damage scares me. Just the price keeps drawing me back

  4. #4
    Join Date
    May 2009
    Location
    Carlton Oregon
    Posts
    6,019

    Default

    I wouldn't be scared of the hours at that price. If everything is working on the boat, and the Gell Coat isnt cracked or damaged then your most expensive part is the engine.

    If a dealer is doing the oil change, contact them and tell them you want them to check it out mechanically and give there thoughts to you on what condition the engine and V drive are in. This might cost you a hundo out of pocket. Nothing when you consider it could save you thousands.

    Last thing is close the walk through on the windshield and see if it all lines up pretty tight. This is a tell sign over being abused with power turns and heavy ballast conditions.

    700 hours would not scare me on a Idmar 5.7 Chevy small block.
    Malo <--- Means--Evil or Mean One. This explains a lot.
    2013 Mojo 2.5 Skylon Tower. Bestia < Beast >
    Exile ZLD
    6 SX65M Cabins
    6 XM9 Towers
    1 XI Big 15 Woofer in a custom Fiberglass box
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    Custom 1 Off Evolution Cover

  5. #5
    Join Date
    Jun 2007
    Location
    Vancouver, WA
    Posts
    4,026

    Default

    You'd be surprised how many $30-100k boats have had nasty bottom damage and came away from them looking/performing like new. Definitely scope the repair bills and repair work closely along with the mechanicals. Any warranty on the repairs done?
    Old enough to know better, young enough to do it anyway.

    2001 MobiusV

  6. #6
    Join Date
    Aug 2011
    Posts
    1,043

    Default Re: Should I run away from this?

    I don't have an issue with the repairs or hours, just make sure you check the title and boat history report. When you go to sell it you'll have to keep this stuff in mind, it will scare off a lot of buyers. Have a marina test everything..






    Sent from my Nexus 5 using Tapatalk
    2002 Moomba Mobius LSV - Sold
    2006 Moomba Mobius LSV

  7. #7
    Join Date
    Jun 2008
    Location
    De Pere WI
    Posts
    4,161

    Default

    salvage title, even at 20k would send me walking, otherwise a close inspection, possible water test and it would be mine.
    '06 Supra Launch 20SSV-gone but never forgotten

  8. #8
    Join Date
    Nov 2009
    Location
    Kaukauna, WI - 3minutes from glass
    Posts
    1,729

    Default

    Man that is a tough one after coming from a boat that I put a lot of sweat equity in it I would leave it. The last thing you want to do is spend all summer trying to get your boat ready. This http://www.moomba.com/msgboard/showt...ruin%29-29-500 looks like a much better option even though it is more $$$ I think that you could work on him and the $7-$8k would be worth it in the long run.
    -Mark
    14 Mojo - Waiting patiently for my build date.
    02 Mobius LSV ---- Sold and always will be remembered as the one that started it all.

    "Hey you only live once"

  9. #9
    Join Date
    Jun 2012
    Location
    Unhappy about our NorCal Lake Levels!
    Posts
    516

    Default

    Load the ballast up and drive the snot out of it. Put it to test, bring a couple of boat owning friends if you can (not the guy that owns it).

    Listen for strange noises/vibrations. Definitely take it to a mechanic and talk to the mechanic that has performed the services.

    What else needs to be replaced? How much of a "Zipper Effect" is going to happen, ie. is the $4k interior all that it needs??

    How long would you "plan" on keeping it? 1 year or 10 years?

    If the boat is sound $24k is cheap for a good tow boat.
    Sent by the random thoughts from the voices in my head...

    Eric.

  10. #10
    Join Date
    Nov 2009
    Location
    Kaukauna, WI - 3minutes from glass
    Posts
    1,729

    Default

    With that said I really did enjoy working on my boat and modding it exactly how I wanted. It was really good to me and it was just time for an upgrade.
    -Mark
    14 Mojo - Waiting patiently for my build date.
    02 Mobius LSV ---- Sold and always will be remembered as the one that started it all.

    "Hey you only live once"

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