Cool repower video

It's always interesting to me to see how they remove and then jam the new motors into the old engine rooms.
 
That was slick. In the 53's bigger sisters, they cut holes in the hull sides and slide the engines out. It's painful to see, but a standard practice.
 
I just sat and watched this entire video at work. Really cool process and very well done.
 
I thought the same thing. I don't know what a 50+ ft hatteras of that vintage is worth but I have to imagine a repower of that caliber with the genset to match is a big percentage of the boats worth, but hey, if they love the boat I could see how the person with the means to do it would want to just repower as opposed to finding something newer.
 
The Hatteras was listed for sale for $159,000 after the repower. Now sold.
 
I didn't watch it this time but have seen it before. If I recall, it was the marina owners personal boat. I'd say he got a little discount.


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Awesome vid. That's right in my backyard
 
I think it was a cool video. A lot of work goes into doing that. What I found interesting is removing the old, including all the wiring, systems, etc. no longer in use. I think anyone with an older boat probably has exactly that. Even my slightly middle aged girl has some things in the bilge I wonder about!

Matt
 
Video was cool and nicely produced. I have friends who bought a pretty rough 1978 58' version of this boat for 100k. They have put about 200k into it making it what they want (granted that 200k does NOT include engines... the 8V92s still cruise her at 16knots). They are smart enough to know that these boats top out in value at a certain point regardless of how much you put into them. This boat is probably worth 250k at the high end, so they've already reached the point of diminishing (i.e. zero) returns on incremental dollars spent on the boat... That said, she's being pulled this winter for a new Imron striping job and painting of the window frames (~13k).

My friends say --- and I agree--- if they were to try to replace this boat with a new, or even newER, version you'd be looking at millions of dollars. So I continue to reiterate that there simply is no inexpensive way to do this. All told, these guys are maybe 100k behind the 8 ball, which in the grand scheme of things is nothing next to the depreciation expense of buying a newer yacht. Plus everything that is on the boat was hand picked by them and is exactly the way that they want it.
 
Last edited:
Converse48 said:
Plus everything that is on the boat was hand picked by them and is exactly the way that they want it.
Click to expand...

I think that is a key statement. Even with a brand new boat there is going to be quirks and things you are just not crazy about. The ability for the owner to pick out everything and (re)design it from the ground up is very cool.
 
Great vid. Those guys really bust their $&@. It should be required viewing for the Wall Street types who play shell games with money and make a fortune. These guys really earn theirs. respect.
 
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