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glake said:
Am I nuts?
Click to expand...

Yes.

But just look at the restoration forum to see how many others are as well. There's myself (I'm past nuts, I'm to the absolute idiot stage 'cause I'm on my 2nd major boat rebuild project). There's also cmpulse, bigredinohio, yellowfiero, and quite a few others who have also gone off the deep end. I don't know about anyone else but I get bored sitting in front of a television or computer all the time, having a project like a boat restoration keeps me busy and out of trouble. If you've got a place to work on the boat, don't mind swimming in fiberglass dust, and are mechanically inclined then go for it.
 
As long as you can do the work yourself and dont expect to have it done by the end of the weekend it is doable.

Are you going to have a ton of time and money into it? YES
Can you buy one cheaper than the rebuild? YES
HOWEVER, others will be in close to the same shape and will also need work unless it is already done. Also it will give you a chance to build it the way you want it. One thing leads to 10 and before you know it you will have replaced all the chrome, gauges, interior, and paint. There will be more invested into it than its worth but far less than a new boat.
 
yellowfiero88 said:
There will be more invested into it than its worth but far less than a new boat.
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That's an important point which I forgot to include. I finally got around to tallying up the financial damage from rebuilding my Eluder, looks like I'll have between $7500 and $8000 total into it before I'm done (that includes what I paid for the boat and a used engine). There's no way I could sell a 31 year old boat for that much, no matter how nice. But on the other hand this boat should be in great shape for years to come and should far outlast (and probably outperform) nearly any other boat I could get for that price. Since I plan on keeping it forever, and eventually giving it to one of my kids, I think I'm coming out OK. You just have to consider your own situation.
 
I look at it the same way. I've built 2 Jeeps and have an on-going hot rod build so I love to have a project. I really like this boat and think it is worth saving. I have a dream that some day I will be able to retire and get a house on a lake and this boat would be great sitting in the water at my own dock!:cheers:
 
I must of been nuts as well. I've done two restos back to back both were from PO neglect. The second resto I just finished started out as a floor resto and ended up replacing transom as well.:( While it was tore apart I also rewired the boat from the console back to the stern. The biggest problem I have is just can't leave it alone, always finding something that needs repaired or replaced.:eyecrazy: Good Luck with your resto.:thumb:
 
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