Carpediem44DB
Well-Known Member
- Aug 18, 2015
- 3,230
- Boat Info
- 2000 Carver 506
2006 44 DB Sedan Bridge
- Engines
- Volvo TAMD 74 P
So I am selling the 506. It has Volvo engines but that is not the problem. The problem is that the boat has hobbs meters installed in the ER that read 600 and change each. When I bought the boat I assumed those were the hours and I really don't recall giving it a second thought. I bought the boat from a marina/ Yacht club neighbor directly with no broker services and had two surveys done and none of us questioned the hours. Well today the boat went to survey and the surveyor turned on the keys and looked at the digital hour meter on the tachometers and they read 2200 hrs! The Volvo engine electronics have been problematic and there has been alot of work done to the system over the years and I am thinking that the recorders are in correct but really have no way to back that up. In the end I think I will need to represent the boat as having 2200 hrs on the engines. The question is how to price that into the value of the boat. When I was selling aircraft there was a simple engine time amortization schedule we used based on overhaul cost and TBO but marine diesel engines really don't have set overhaul times and if they did 2200 hours is still relatively low time. Any guidance on how to deal with this to save our deal would be appreciated.