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Hello all,
I have been browsing this forum and am very impressed with all of the information and guidance it has provided. I put in an offer on a 2003 Tiara 3800 with Cummins 6CTA 8.3 480CE engines and it was accepted contingent on Oil Analysis and Sea Trial. Unfortunately never made it to sea trial as the oil analysis came back with 150 PPM Iron in the starboard engine (port is only at 5 PPM Iron as reference since I know oil analysis is used as a reference over time and only one sample alone doesnt tell full story but as one engine compared to the other it is clearly high). My Broker communicated the following to Seller:
“Wear indications show the Starboard motor as having severe issue, with a 150 PPM iron and other metals reflecting much higher than port readings. It is the surveyors opinion that engine failure is just around the corner. That, coupled with the rest of starboard motor attention needed has us taking a pause”
I have read up on all of the known issues with the 480CE dropping valves and needing to be reproped to match curve of 450,..and was prepared to swap out to newer heads and do the reprop,..so not sure if I should walk away or not. Really like this boat but seller isn’t willing to negotiate at all to cover any engine work.
Cummins Technician who took sample is still putting numbers together, but he believes it would be over $40K + for a rebuild, plus a little more to address other findings.
Am I crazy to still be considering this boat,..could it really be $40K, or would catching it before it dropped a valve and changing heads and rerpoping be able to save it from needed a rebuild?
I have attached the reports and welcome your expert feedback.
Thank you in advance.
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