WTB 510 Searay fire sale wanted

Sundancer123

Sundancer123

New Member
Mar 25, 2007
145
RO
Boat Info
BL
Engines
2
looking for a steal on a 510

market shows bottom around $190k

post only if you know of a deal or a troubled 510 owner
 
alot of deals out there- short sales and bank repos--- 50% off market can be found
 
If you find one for $190K that would be one hell of a deal, but I am not sure what condition it would be in... I can't imagine anyone being that distressed that wouldn't owe more than that on their boat in the first place. The market is bad but I don't think its that bad, IMO.

That said I am not sure what your budget is (maybe your a multi millionaire and your resolve comes in seeking unheard of deals), but I'd budget minimum of $25,000/yr for dock, fuel and maintenance costs with a boat of such size.

I like this broker's posting on a 51', at least they seem to be honest:

http://www.yachtworld.com/boats/2002/Sea-Ray-510-Sundancer-1737830/St-Petersburg/FL/United-States

Many of the other under $300K listings mention motor rebuild, show pics of recently replaced shafts & props, indications of prior damamge...probably not a great sign. So I'd bet any 510 you'll find under this price may have hidden problems so make sure to hire a top-nothch surveyor.
 
Great advise... and thanks yes i saw that one too...


short sales all over the place ..so the 190 is no problem....


i only know one top notch surveyor and thats greg group --- the rest of the clowns in florida you hire to take picure and tell you " not working"... its a visual survey...

the mechanical survey now thats a different story-- and sometime worth it..pending on the deal and history of the boat ....

the same 35 or so 510s are on the market that were 6 months ago so there is no demand...
 
A mechanical survey on a diesel boat is "sometimes" worth it...........??

Dude, if it has 3196 engines, spend the $1200. The cost of guessing at the condition of big hp diesels can really screw up your great buy when the cost of a remanned 3196 is $60K+ (est.) and a 3406 is $118K.
 
fwebster said:
A mechanical survey on a diesel boat is "sometimes" worth it...........??

Dude, if it has 3196 engines, spend the $1200. The cost of guessing at the condition of big hp diesels can really screw up your great buy when the cost of a remanned 3196 is $60K+ (est.) and a 3406 is $118K.
Click to expand...

2nd that... not to mention if a major engine problem comes up after you purchase the boat it could take 3-6months to fix, could miss the entire '09 season!
 
1200 hours one engine 120 hours on the other
runs fine - i was pointing out that ones been rebuilt ( without any records ) the other hasnt
 
fwebster said:
A mechanical survey on a diesel boat is "sometimes" worth it...........??

Dude, if it has 3196 engines, spend the $1200. The cost of guessing at the condition of big hp diesels can really screw up your great buy when the cost of a remanned 3196 is $60K+ (est.) and a 3406 is $118K.
Click to expand...


if the oil sample is clean and they hit WOT to spec, and the temps are all in line, at filter, manforld, intake exhaust.... - i'd rather spend the 2000.00 on maintance as soon as i purchase vs cat to tell me it needs 2000 in service
 
Ok, so you are looking for a short sale or forclosed boat and figure to save something like $1200 on a mechanical survey?

If it is scheduled to coincide with a sea trial, it shouldn't take a Cat guy who knows what he's doing over 4 hours to do a survey. Don't you think that a seller who had to short sale a boat did so because his lender had some question about his ability to live up to his loan or because the loan was already forclosed........a guy who is in so much financial trouble that he sells under those conditions is not likely one who has changed zincs, oil, cleaned heat exchangers, cleaned the aftercoolers, adjusted valves, reset injector timing, changed coolant, added SCA, etc. on schedule. All of those things can lead to major engine problems and an oil sample and turning up rated rpms are not definitive tests for everything that can cause an engine failure.

But, hey........its your nickel, save the cost of the survey if you want.


and, I agree, the absent service records sounds more like some one did a quick and dirty fix on a broke engine to "git her gone".
 
acucu said:
if the oil sample is clean ......
Click to expand...

Unless you have the history of oil samples 'one' is more or less useless.....

If I had a 'problem' motor, you can bet your bottom dollar I'd have clean oil in the pan if it were up for sale....
 
His antennas aren't straight. Where's Gary?
 
acucu said:
if the oil sample is clean and they hit WOT to spec, and the temps are all in line, at filter, manforld, intake exhaust.... - i'd rather spend the 2000.00 on maintance as soon as i purchase vs cat to tell me it needs 2000 in service
Click to expand...

Just so you know, if they've recently changed the oil an oil sample will not show any problem.

I suppose if you want to be cheap, hire cat guy to do a short survey (seal trial, not a full engine survey where they pull the manifolds, etc.) which will probably be less than a thousand. A good cat tech will know 90% of the motors condition by simply listening to it and taking temps while under power. Then, proceed to a full servey if they recommend.
 
A properly taken oil sample, i.e., one taken after running the engines at load, will show glycohol (antifreeze), and high metal particulates so it isn't quite useless, but will only show that the patient is "Terminal". It won't diagnose a fixable problem not yet affecting performance.

Also, Caterpillar is unique in that a Cat technician can do a blowby test on the engines to measure crankcase pressures which will give a difinitive indication of engine condition. With other diesels, you'd have to pull the injectors (adds a day or more to the survey time) and do a compression test to get the same result.
 
You must log in or register to reply here.

Forum statistics

Threads
113,263
Messages
1,429,614
Members
61,140
Latest member
Terminator04
Back
Top