Re: 1988 OMC Cobra 4.3 Litre with a cracked block
I just found out today that my 1988 17' Seaswirl Tempo runabout has a cracked block in the engine. Three cracks to be exact...one on each side and one internally. Not sure about the manifold. We got a quote to replace the motor, labor, taxes, etc. for $3,800. I don't want to put that kind of money into a boat built in '88 and paid $3200 for it. For it's age, the interior and exterior are in real good shape. My question is, what would a boat like this be worth, as is? Knowing what kind of engine goes in it and the cost to replace it, I have know idea what I can sell it for. I didn't winterize the boat last year like I should have, and I'm paying for it. Live and learn, I won't do that ever again. Any input you have would be much appreciated.
In this market, for a 17 footer with a trailer, I'd give maybe $1000 for it if the hull and interior's in good shape.
'course, you can go find a salvage-yard block, and marinize it for next to nothing.
I pulled a like-new GM Goodwrench Crate motor out of an old blazer for $94 (including core). Paid $84 for a complete gasket set, and some fresh rings, as well as some brass freeze plugs, from Summit.
Spent a few hours doing a rebuild on it, swapped all the engine accessories over, and dropped her in there.
As an added bonus, my wife got to learn how to build an engine, and now knows exactly how an engine works.
Ended up having to buy a new head bolt set after one busted (and I didn't have the sense to use one off the old block) -- $20, and another $16 for a replacement head gasket.
I'm $215 into this engine, and it's basically a brand-new engine! If your manifolds are cracked, you're looking at maybe another $400-$600 to replace 'em.
For well under a Grand, you can be good as new.
I saw more 4.3s than 5.7s when I pulled my engine.