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Old 01 October 2010, 23:35   #1
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What's it worth? Osprey eagle Project.

I have just bought this osprey eagle 5.6 from a chap near b'ham.It's an ebay boat and was £2000 but the seller dropped £300 after the sale due to a leaking trim hydraulic cylinder and a stuck steering cable.Have had to make two trips up so far as trailer bearings were no good and i had to go back and replace the hubs.Didn't want to risk towing it the 140 miles home.(around b'ham and through oxford to reading)Will have to return but cannot tilt engine as it seems stuck in down position.There's a small screw on the transom bracket to undo but appears stuck.Does anyone have any ideas on this and whether it is worth the trouble so far as i don't know if i paid too much and whether it's value is going to be a lot once everything has been sorted out.(It needs a good clean.new electrics/instruments-have these already from previous project and other odd jobs doing.Transom looks okay but will have to sort out some past bodges on fittings and wiring etc)Been told by osprey uk that it could be worth£4000 if refurbished.What does everyone think???
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Old 01 October 2010, 23:52   #2
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Hi,Just saw your post but havent looked yet at the photos .Yes when refirbished it will be worth over £4000.
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Old 02 October 2010, 00:55   #3
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i sold mine last year £6800
allthough it was recently tubed and given a good refurb,
i paid nearly 3k for mine no engine and in a right state, but had just been re tubed, hence why i paid so much,

hasten to add bloody good boats,,
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Old 02 October 2010, 04:24   #4
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Looks like a bargin to me at 1700.

The Yamaha if its in good nick is worth that on its own.

Just need to get polishing on that hull and those tubes.
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Old 02 October 2010, 17:48   #5
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Get it working properly.

Use it.

Then pick away at the cosmetics as time and money permit.

Old Ospreys are great boats.

Had an XR18 for 6 years. Paid £5200 for it. Kept it tidy and sold it for £4000.
£200 per year for a safe, seaworthy, 5.6mtrs with 140hp....Bargain boating!
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Old 02 October 2010, 23:03   #6
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Originally Posted by PeterR View Post
Hi,Just saw your post but havent looked yet at the photos .Yes when refirbished it will be worth over £4000.
Thanks peterR,the bloke selling the boat said he didn't know what it was worth as he had got it to do up but didn't know anything about boats so as he was moving he wanted to sell it.Sorry for poor pics but they were taken by the seller.Will try to post better ones as job progresses.
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Old 02 October 2010, 23:08   #7
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Quote:
Originally Posted by nugent View Post
i sold mine last year £6800
allthough it was recently tubed and given a good refurb,
i paid nearly 3k for mine no engine and in a right state, but had just been re tubed, hence why i paid so much,

hasten to add bloody good boats,,
I really liked the look of your osprey ,nugent.You did a fine job.I have read your posts on it's refurb and liked especially what you did to the console and would like to try something similar on mine.(When i eventually get it home!)
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Old 02 October 2010, 23:19   #8
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Looks like a bargin to me at 1700.

The Yamaha if its in good nick is worth that on its own.

Just need to get polishing on that hull and those tubes.
The yam is in good nick and has very little cosmetic damage although the steering arm could do with a clean up as it's steel and has suffered from rust.The only problem is the leaking ram for the trim/tilt,it won't lift the engine.Engine runs and is clean under hood.
I thought the bloke was pretty considerate to knock off another £300 because of the cable and the leaking tilt ram.Nice to know it's a bargain so will nip off to the ribshop for some tube cleaner and conditioner!
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Old 02 October 2010, 23:25   #9
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Well thanks guys,looks like a bargain then.Excuse my multiple answers but haven't quite mastered posting replies yet.I would not normally have gone for something that i had not seen so took a chance on it.Will try to post photos of progress if anyones interested.Regards,Chris.
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Old 03 October 2010, 01:52   #10
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The yam is in good nick and has very little cosmetic damage although the steering arm could do with a clean up as it's steel and has suffered from rust.The only problem is the leaking ram for the trim/tilt,it won't lift the engine.Engine runs and is clean under hood.
I thought the bloke was pretty considerate to knock off another £300 because of the cable and the leaking tilt ram.Nice to know it's a bargain so will nip off to the ribshop for some tube cleaner and conditioner!
Yep, definitely a bargain.

However,
Get the trim motor and steering fixed before anything else. It may well cost you more than £300 to sort as you need to lift the engine to fix the problem.
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Old 03 October 2010, 07:51   #11
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Bargain, the screw on the lower starboard side will over ride the power trim and tilt and allow you to lift the engine up. Its heavy and still because you are still working against the hydraulics but thats what it is therefore. If yo don't trust the hydraulics stick a piece of 4"x4" between the cylinder rams and the leg and lower it on this to get you home.

Tough as old boots those Ospreys.

Good find, superb engine therefore good winter project
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Old 03 October 2010, 12:42   #12
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I really liked the look of your osprey ,nugent.You did a fine job.I have read your posts on it's refurb and liked especially what you did to the console and would like to try something similar on mine.(When i eventually get it home!)

i can do you a cracking deal on sorting hull and nose out for you will look like new'' got plenty product left over from mine
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Old 03 October 2010, 13:24   #13
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i can do you a cracking deal on sorting hull and nose out for you will look like new'' got plenty product left over from mine
I need to renovate my Sparrowhawk...............

What's involved in creating such a transformation!

Orve
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Old 03 October 2010, 20:02   #14
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Nugent,I'm up for that.Thanks for offer.PM sent
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Old 03 October 2010, 20:21   #15
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Well thanks for the advice on tilting the engine Pete7. I need to get it home this week as cannot afford another trip up to Newport.I had spotted the screw but was not entirely sure what it was for!

Looks like i'll need an engine crane once i get it home though!!!!
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Old 04 October 2010, 00:47   #16
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I need to renovate my Sparrowhawk...............

What's involved in creating such a transformation!

Orve
just labour really, lots of it
+ cost of materials, i used a resin based polyester paint,(serene paints kent) and lots of tender care with gel coat and mat mix where req prior to chucking in excess of 10ltrs at it,
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Old 04 October 2010, 09:23   #17
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Well thanks for the advice on tilting the engine Pete7. I need to get it home this week as cannot afford another trip up to Newport.I had spotted the screw but was not entirely sure what it was for!

Looks like i'll need an engine crane once i get it home though!!!!
FYI that screw opens "the wrong way" i.e. clockwise to allow you manually tilt the engine - on at least two Yamaha 90's I've had. As mentioned elsewhere it's very heavy to lift manually so get some leverage or jack it.

If the twin trim cylinders are teh source of your leak you may be in luck as I did some work on one of these before in-situ. Anything else and you may need an engine crane as the T+T unit can't be got out without splitting the transom mounting bracket.

You did get a good bargain but keep some cash in reserve for the T+T - some parts can be eye-wateringly expensive.
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Old 04 October 2010, 21:54   #18
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FYI that screw opens "the wrong way" i.e. clockwise to allow you manually tilt the engine - on at least two Yamaha 90's I've had. As mentioned elsewhere it's very heavy to lift manually so get some leverage or jack it.

If the twin trim cylinders are teh source of your leak you may be in luck as I did some work on one of these before in-situ. Anything else and you may need an engine crane as the T+T unit can't be got out without splitting the transom mounting bracket.

You did get a good bargain but keep some cash in reserve for the T+T - some parts can be eye-wateringly expensive.
And i thought it was stuckWill have to be careful as it's a bit chewed already.I'll make sure i take some stout bits of wood with me and a jack.
A friend i knew had an old evenrude 70vro without t+t and he used to tie a strap around the leg and fasten it to the top of the A frame as the tilt catch wasn't too good. Was wondering if that would be an extra thing to try
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Old 18 November 2010, 01:14   #19
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here at last

Have finally got the boat home from shropshire.Matey who sold it to me moved out and left the boat behind much to the wrath of the new owners.He didn't say exactly when he was going and due to being unwell i couldn't get there to collect it,but managed it last week.Got home and found it wouldn't fit in the front garden as it's too big so had to leave it parked up the road half on the pavement whilst still hitched to the car.Expected someone to start moaning at any minute.Luckily,i have found a large unused industrial unit to park it in over the winter where i can work on it at weekends.It's very secure and hidden and has the advantage of being behind the owners residence,so it's ideal.
Just need to start by giving it a good clean before the real work can begin.

(It was lucky that no-one took a fancy to my boat and nicked it before i got there!I would not have been a happy bunny)
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Old 18 November 2010, 04:11   #20
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Looks like a bargain to me, good luck with the refurb, plenty of people to give advice and help on here
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