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Current boat vs getting a new boat dilemma.

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Current boat vs getting a new boat dilemma.

Old 12-13-2011, 07:00 PM
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Default Current boat vs getting a new boat dilemma.

I currently have a 1988 Bayliner Trophy 23 Hardtop walk around. Granted it's a bayliner and a old one, but this boat has never ever let me down. Not the best riding of the fastest but it gets me to the fish and gets me home.

My ideal boat is a pilot house walk around in the 27-28ft range. I can afford what I really want right currently. So how do I decided how much money to put into my current boat. I really do love my old bayliner, it's great to fish on and has never let me down. The engine is orignal and well used/tired. I would really like to repower before going to far offshore next season. And it has a OMC Cobra outdrive which I would like to replace with a SEI Conversion kit. And a few other minor things to really make set this boat up the way I want it to be. Probably less then 10k to do everything as most will be done by me. It it worth it to dump 10k into a 1988 bayliner? It will probably be 6+ years before I can really afford the style boat I want. Should I look for something else? Or just upgrade what I have and keep using it till I can afford what I want?
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Old 12-14-2011, 05:04 AM
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If you want a purely economic point of view....you already know the answer....no it's not worth putting 10K in it...what will it take to get 6 more years out of it without total repower?...the stuff that generally will leave you stranded, being almost 24 yrs old....pumps, belts, hoses, manifolds/risers, ignition systems, fuel lines/tanks, outdrives...pretty long list..addressing them isn't impossible but can add up to alot....if you really like the hull and it doesn't need transom or deck repair...maybe total repower with mercruiser?...spending 10k might get you another 10yrs out of it...or use the 10K down on a used boat now with twin OB for offshore use?...very good buyers market ...not sure if I helped....good luck
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Old 12-14-2011, 08:40 AM
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It's not worth dumping 10k into any 23 year old boat, regardless of brand.
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Old 12-14-2011, 10:10 AM
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Rather than dumping $10k into an old boat, I would sell your boat for $7-8k and then take that $18k and go shopping. I think you might be suprised what you could buy for around $20k these days.
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Old 12-14-2011, 04:01 PM
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Originally Posted by beber View Post
Rather than dumping $10k into an old boat, I would sell your boat for $7-8k and then take that $18k and go shopping. I think you might be suprised what you could buy for around $20k these days.
Bingo! $20k and some patience may yield exactly what you want.
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