Pricing a 2002 196

[4Fun]

Guys, I have the opportunity to purchase a 2002 196 with a GT-40. Its a clean boat that has been maintained annually, but it has 2700 hours and was used daily for instruction. I want to be fair about the price. Any thoughts or comments on owning a boat with 2700 hours if it has been maintained properly? To my understanding, the majority of the hours are at slower speeds (26 mph). Any opinions on a fair price for an 02 with 2700hrs? At what point would the engine need to be overhauled- if ever?

Thanks in advance.

[BSBell]

I don't think I would be concerned so much about the engine... I would think more about the transmission. (I know nothing about marine transmissions though)

[Mikeski]

It really depends on the condition of the boat. If the interior is shot and there are scratches and damage on the exterior, I would not pay over $10k. If it has good interior and clean exterior and a nice trailer it could be worth over $15k. Even if it was extremely nice I would not pay over $18-19 for a boat with that much wear and tear.