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Consider as well that the engine is 28 years old, that's a long time especially if under salt water service. If it isn't running perfectly, negotiate your pricing based on the value of the hull as a candidate for being repowered.

When ours failed in 2012, I was already looking to repair some items; the pivot points the engine turned on were quite worn and sloppy. We couldn't find those replacement parts anywhere. Carb kits, water pump kits, fuel pump, etc. were no problem but anything more engine specific was starting to be a problem even 5 years ago.