What your opinion about buying a new boat or just restoring the one you have? This boat will be good for many more years. It was a lot of work but it will be like new when the owner is finished!
It is important to start with a quality boat. I am currently restoring my 1993 Intrepid CC. The transom, stringers and exterior gelcoat are still good even after 30 years. I was back and forth on the fuel tank install. I checked with Intrepid and they still foam the tanks in, so I am going to do the same. My tanks lasted nearly 30-years and the new ones should last.longer by glassing the top of the tanks. Given the price of new boats, it is economically advantageous to restore a boat, not to mention the environmental impact of disposing of a fiberglass hull. It is a lot of work though. I am replacing the tanks and engines. I am also re-gelcoating the deck and gunwales. I am also rebuilding the center console along with all new electronics.
Much like our project boat ….. if the hull is in good condition & you’ve owned the boat a long time then you know how well it’s been taken care of! These fuel tanks were a bear to get out! They used 5200 originally to keep them in place! But, these are things you don’t know until you get into a job.
@@WillFixThat Lol, yes that's true. On my boat, they must have used two tubes of 5200 for the console. It literally took me a full week of hammering wedges and spraying Debond to get the console loose, and it still ripped some gelcoat off the deck.
Restore if you like the boat! You end up with a boat akin to your favorite car or truck that you continue repairing and taking care of. It is a satisfying endeavor.
As a person who is 3/4th of the way finished restoring a 2005 Sea Ray Sundancer, let me share this. I’m doing about 80% of the restoration myself. Said differently, I will have personal time but $0 spent on labor for 80% of the restoration. Of the remaining 20% of restoration that is “above my mechanical abilities” that final 20% is consuming 80% of the restoration dollars. If you hire out 100% of the restoration, it’s not worth it, so go new or newer. Even doing 80% of my restoration myself, this is not a financially wise choice. Other things went into play for our decision to move ahead with restoring this specific boat. If it was a pure money decision, I should have chosen a newer, more expensive boat in better condition. Used boats are not expensive when you compare used boat purchase costs to used boat maintence costs. Money spent restoring and updating a used boat must only be for your personal enjoyment because you don’t get that money back with a higher price when you sell the boat. For example, adding a built-in marine gas generator to a used express cruiser costs $25,000 after material and labor yet ads not a darn dollar to its sell price. Rule of thumb, look at the boats cost when new. Plan on 10% of that on average per year for maintenane, then adjust up each year for inflation. At some point it makes more sense to replace the boat. That boat age number can very, but its likely somewhere around 15 - 35 years with the majority of boats RIP age being 25 years old - then its off to the boat bone yard. Said from a guy who’s spending tens of thousands of dollars restoring a 19 year old boat.
You are right the time in restoring is a lot! It’s taken us 14 months to get the Polar done as we fit it between jobs. Hope you’re happy with it in the end and can get some use out of it!
My fuel tank welder/manufacturer told me to do several cow patty size 5200 piles and set the tank on top. I also have mounting brackets that were welded to the tank. It been about 5 years and no issues. With the cost of new boats today restoration can work out more cost effective…
Much cheaper to restore the boat you have and will be just as good as a new one. The cost of new boats is ridiculous. A 23’ Chaparral bowrider is over $80K!!.. I didn’t pay much more than that for my 2005 340 Sundancer.
Having had several boats slipped in Key West, it is nearly impossible to validate the quality and experience of boat repair issues...Assume $200.00 per hour for mechanics or electrical types.
I just had to have the tanks replaced in my Pursuit 2870. The guy that did the work has done a lot of tanks. He coated the new tanks with epoxy. They will outlast me now.
I think a lot depends on if you need to repower. A pair of 150’s with digital controls is pushing $50K (as you know!). On a boat like this one, if you drop $60-80k in it, you’ll own it forever as you’ll be upside down on value. That being said, new boat prices have gone insane. A new Cobia 220, which is a 21’7” boat with a 4cyl 200hp lists for over $100k and sells in the upper $80k range. Insanity for a mass produced 21’ boat.
@@WillFixThat Glacier bay is the cheapest plumbing fixtures at Home Depot, in my plumbing history they corroded or failed the soonest. Just wondering if same company started making boats. That glue in fuel tanks without mechanical fastenings per your video, appears 5200 held.
What your opinion about buying a new boat or just restoring the one you have? This boat will be good for many more years. It was a lot of work but it will be like new when the owner is finished!
It is important to start with a quality boat. I am currently restoring my 1993 Intrepid CC. The transom, stringers and exterior gelcoat are still good even after 30 years.
I was back and forth on the fuel tank install. I checked with Intrepid and they still foam the tanks in, so I am going to do the same. My tanks lasted nearly 30-years and the new ones should last.longer by glassing the top of the tanks.
Given the price of new boats, it is economically advantageous to restore a boat, not to mention the environmental impact of disposing of a fiberglass hull.
It is a lot of work though. I am replacing the tanks and engines. I am also re-gelcoating the deck and gunwales. I am also rebuilding the center console along with all new electronics.
Much like our project boat ….. if the hull is in good condition & you’ve owned the boat a long time then you know how well it’s been taken care of! These fuel tanks were a bear to get out! They used 5200 originally to keep them in place! But, these are things you don’t know until you get into a job.
@@WillFixThat
Lol, yes that's true. On my boat, they must have used two tubes of 5200 for the console. It literally took me a full week of hammering wedges and spraying Debond to get the console loose, and it still ripped some gelcoat off the deck.
@@marshallbrodie9974 man that sucks .... that 5200 makes sense in the beginning but sucks later on when you want to do repairs!
Restore if you like the boat! You end up with a boat akin to your favorite car or truck that you continue repairing and taking care of. It is a satisfying endeavor.
We agree! Plus lots of variables when deciding!
As a person who is 3/4th of the way finished restoring a 2005 Sea Ray Sundancer, let me share this.
I’m doing about 80% of the restoration myself. Said differently, I will have personal time but $0 spent on labor for 80% of the restoration.
Of the remaining 20% of restoration that is “above my mechanical abilities” that final 20% is consuming 80% of the restoration dollars.
If you hire out 100% of the restoration, it’s not worth it, so go new or newer.
Even doing 80% of my restoration myself, this is not a financially wise choice. Other things went into play for our decision to move ahead with restoring this specific boat. If it was a pure money decision, I should have chosen a newer, more expensive boat in better condition.
Used boats are not expensive when you compare used boat purchase costs to used boat maintence costs.
Money spent restoring and updating a used boat must only be for your personal enjoyment because you don’t get that money back with a higher price when you sell the boat. For example, adding a built-in marine gas generator to a used express cruiser costs $25,000 after material and labor yet ads not a darn dollar to its sell price.
Rule of thumb, look at the boats cost when new. Plan on 10% of that on average per year for maintenane, then adjust up each year for inflation.
At some point it makes more sense to replace the boat. That boat age number can very, but its likely somewhere around 15 - 35 years with the majority of boats RIP age being 25 years old - then its off to the boat bone yard.
Said from a guy who’s spending tens of thousands of dollars restoring a 19 year old boat.
You are right the time in restoring is a lot! It’s taken us 14 months to get the Polar done as we fit it between jobs.
Hope you’re happy with it in the end and can get some use out of it!
Thanks for sharing your experience and knowledge with us. So many people don’t think ahead or do the numbers like you did.
My fuel tank welder/manufacturer told me to do several cow patty size 5200 piles and set the tank on top. I also have mounting brackets that were welded to the tank. It been about 5 years and no issues. With the cost of new boats today restoration can work out more cost effective…
Yes hope you never have to remove those tanks cause those cow patties will be a bear to remove. Lots of variables when deciding to restore!
You always say trust but verify . Do you presure test all tanks before install even new ? I really like how you shop works
Yes we pressure tested the tanks …. We have to cover our ass imagine if it leaked once put in? 🥴
I’m rebuilding a 1993 2100 Hydra-Sports cuddycabin walk around with a Gil bracket 225 Yamaha 4 stroke t-top I’m having fun with it
That sounds like a project too 🤣😀
Much cheaper to restore the boat you have and will be just as good as a new one. The cost of new boats is ridiculous. A 23’ Chaparral bowrider is over $80K!!.. I didn’t pay much more than that for my 2005 340 Sundancer.
Have to consider cost and how long you have to wait for a new one! But, once the owner is done it will be as good as new 👍 or better.
Having had several boats slipped in Key West, it is nearly impossible to validate the quality and experience of boat repair issues...Assume $200.00 per hour for mechanics or electrical types.
There’s lots of variables that play into a restoration!
That is not too bad for a fuel tank. Mine would be absolute murder to get out
Unfortunately some are worse than others …. It’s not easy!
@@WillFixThat totally get it. We love you and your husband’s channel. Getting others to watch!!!
I just had to have the tanks replaced in my Pursuit 2870. The guy that did the work has done a lot of tanks. He coated the new tanks with epoxy. They will outlast me now.
Tanks are a big job … depending how easy or hard they are to get them out! Thanks for sharing.
We used expandable foam,,, two part,,, and rubber straps
That foam … be careful 🤣
I think a lot depends on if you need to repower. A pair of 150’s with digital controls is pushing $50K (as you know!). On a boat like this one, if you drop $60-80k in it, you’ll own it forever as you’ll be upside down on value. That being said, new boat prices have gone insane. A new Cobia 220, which is a 21’7” boat with a 4cyl 200hp lists for over $100k and sells in the upper $80k range. Insanity for a mass produced 21’ boat.
Yes lots of variables if someone decides to restore. We didn’t mess with the motors! Your exactly right have to weigh the options.
I'm surprised you use the blue tape, green or yellow are what the cool kids use.
We are the cool kids ... just depends on what your doing ... and what works for your job!
Glacier bay is the cheapest water faucets, did they start building boats?
not sure what you mean?
@@WillFixThat Glacier bay is the cheapest plumbing fixtures at Home Depot, in my plumbing history they corroded or failed the soonest. Just wondering if same company started making boats. That glue in fuel tanks without mechanical fastenings per your video, appears 5200 held.
Thanks for clarifying… glacier bay for boats is out of business! Guessing different company. Yes that 5200 did its job! Made it very hard to remove.
Sorry,,, for installing fuel tanks ,,, I have seen some strange things done on fuel tanks also
lol yup been there on the fuel tanks! That expanding foam exploded on a boat one time! Years ago what a mess it does not come up easy.
Better reset that anchor. No way its gonna hold in a blow.
Thanks for sharing.
Fix it way better deal i think.
yup agree just depends on what needs to be done!