Hello everyone. I've been reading this forum for a while, and decided to join because I have a question.
I went to look at a 1987 Wellcraft V20 cuddy-cabin with a 2000 Optimax 225 HP today. I have looked at several other used boats, but didn't seriously consider buying any of the others.
The hull is in decent shape, other than a few gelcoat cracks. They seem to be mostly cosmetic. Transom appears/feels solid. The back-to-back seats on the port side need replaced. Captains chair is rough looking but functional. Trailer is serviceable, but will probably need new springs before too long.
The owner says he hasn't used it in 2 years, but that the motor ran the last time he used it. He did not do any winterizing. I just did a compression test, and the numbers are much lower than the repair manual says. Looking at the engine from the rear, the numbers are:
65 70
95 75
65 60
So the top left is 65 psi, the top right is 70. But I do not know what these numbers mean, especially for a motor that has been sitting for two years. Could it be that the rings just need some lubrication to seal properly? Other than tearing it down to remove the pistons, is there something that could be done as a further check?
There is another motor (same motor, but counter-rotating) with a cracked block available from the seller. Its for spare parts, obviously.
The asking price is 3K. Is it worth pursing this further and negotiating on price, or walk away? I'm pretty good with a wrench and instructions, but I fully realize this is not an easy DIY job. I did some minor engine work on my Firebird plus some major suspension work. It ended up taking 8 months before I drove that car again - but now I do own an engine hoist and a welder
The point is that I have some DIY repair experience as opposed to never having turned a wrench in my life.
Anyway, your thoughts and feedback are appreciated.

I went to look at a 1987 Wellcraft V20 cuddy-cabin with a 2000 Optimax 225 HP today. I have looked at several other used boats, but didn't seriously consider buying any of the others.
The hull is in decent shape, other than a few gelcoat cracks. They seem to be mostly cosmetic. Transom appears/feels solid. The back-to-back seats on the port side need replaced. Captains chair is rough looking but functional. Trailer is serviceable, but will probably need new springs before too long.
The owner says he hasn't used it in 2 years, but that the motor ran the last time he used it. He did not do any winterizing. I just did a compression test, and the numbers are much lower than the repair manual says. Looking at the engine from the rear, the numbers are:
65 70
95 75
65 60
So the top left is 65 psi, the top right is 70. But I do not know what these numbers mean, especially for a motor that has been sitting for two years. Could it be that the rings just need some lubrication to seal properly? Other than tearing it down to remove the pistons, is there something that could be done as a further check?
There is another motor (same motor, but counter-rotating) with a cracked block available from the seller. Its for spare parts, obviously.
The asking price is 3K. Is it worth pursing this further and negotiating on price, or walk away? I'm pretty good with a wrench and instructions, but I fully realize this is not an easy DIY job. I did some minor engine work on my Firebird plus some major suspension work. It ended up taking 8 months before I drove that car again - but now I do own an engine hoist and a welder

Anyway, your thoughts and feedback are appreciated.

