We are leaning more and more towards replacing critical components with all new systems. Originally we considered keeping the engine and having it overhauled but as we get farther and farther down this path, we are leaning farther and farther towards a new one. This same thought process is happening with everything on Akupara.
Some would argue why spend all the extra money when you can save a bunch by fixing and reusing what is already there. I agree with this thought process completely but, the last thing I want to do is to be in a nice tropical anchorage and be worrying about my 45 year old engine, or the 45 year old wiring that is behind the walls and that I can’t see.
This is going to be our last big boat and we plan on keeping it for a very long time and we would like to have as many years as possible without having to worry about old systems.
The other side of this is that yes we could keep the existing engine and have it rebuilt, but how long will it take to spend $5000? I would guess that the starting price at rebuilding is close to that, and it wouldn’t take long to be creeping up to the $10000 price range. One or two major problems after that and we have just spent the cost of a new engine, on a 45 year old engine.
This of course opens up a whole other can of worms as now we are going to have to start thinking about fuel tanks as well. If the engine comes out, we might as well replace the 3 tanks while we have the access rather than discover a problem a year down the road.
We are still trying to feel our way through this decision process, but all of the indicator lights are currently pushing us towards going all new. And hey, in the end we will have a brand new 1976 Whitby 42, how many people can say that? 😉
Now, I need to start offsetting the cost of the new engine so who needs parts for a 60hp Ford Lehman ?? I will even consider selling the engine whole for $800, if you pay the costs associated with removing it!