[alberg30] conversion to deisel? (Resale Value)

[Forhan, Thomas]

From: "Forhan, Thomas" <Thomas.Forhan at mail.house.gov>

Congratulations on your new boat. 

We have an Atomic 4 as well, and have carefully considered the arguments for
conversion to diesel. Fortunately, our engine runs just fine so we are not
pressed on this matter. 

While investigating the switchover, I talked to several brokers about the
value of Alberg 30s with gas engines vice the value of  them with diesels.
Three brokers pretty much said the same thing, but it was best summed up by
Tom Maroldy, a broker and former commodore of the Association. He said that
all other things being equal except  the engine, a boat with diesel -even a
brand new low hours diesel- will sell for $1500 to $2000 more than an
identical boat with an Atomic 4.  He pointed out that the asking prices
would typically be more than that, but if the boat sells -that is a
motivated seller and buyer- the actual selling prices would not reflect more
than a $2k <mailto:$@k>  difference .

	-----Original Message-----
	From:	Walshe [SMTP:walshe at unixg.ubc.ca]
	Sent:	Thursday, August 05, 1999 1:56 AM
	To:	alberg30 at onelist.com
	Subject:	[alberg30] conversion to deisel?

	From: Walshe <walshe at unixg.ubc.ca>

	Hello Everyone,
	We've just(today!) purchased an Alberg 30(1966).  The previous owner
	kept the boat well maintained while he was alive, but we're pretty
sure
	the Atomic 4 engine(sea water cooled) is toast since the boat had
been
	in the water unused for 6 years or so.  We will get it looked at,
but in
	the event it is really useless, what do you all think about the
merits
	of simply replacing the Atomic 4 with a rebuilt one, or should we go
	over to deisel?  Besides the difference in cost(major), changing
over
	means everything has to be changed(eg. shaft, prop, exhaust, fuel
	system, etc...), doesn't it?  On the other hand the advantages of
	deisel  - quieter, safer, higher resale value seem pretty
persuasive.
	Still, the expense......

	We took it out of the water this morning to have a survey done and
to
	have a good look underneath.  The survey was very positive where it
is
	important(the hull and structural integrity)- on the negative side,
the
	propellor has to be replaced, but the shaft is fine.  As well, the
	through hulls were fine, but the seacocks need to be replaced.
Other
	than that the boat is in great shape and just needs a bit(maybe more
	than a bit) of TLC to brighten her up.   This engine thing is a
major
	expense so we'd like to make the right decision.  Any thoughts you
might
	have would be appreciated.

	Catherine Walshe


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