Greetings,
I live in NC and I am looking at a 1973 Ariel that has suffered storm damage. The boat will have to repowered and the rudder will have to be replaced. In addition some deck work will have to be done. When it is all said and done I would anticipate spending at least $4,000.00 on top of the purchase price. My goal would be to buy the boat at around $1,000.00. To repower the boat I would use an outboard motor.
I question whether this would be a good investment or not. It would be great to hear from this forum as to whether this would be a good investment or if I should just forget it.
Any comments would be appreciated.
Steve C.