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  1. M

    Advise buying in 1983 grand Banks 42 classic

    Update- 9/6/20 - The broker now says that it will take $34k to buy the boat as is. I’m going to pause while I evaluate other boats as this still seems to be a risky, problem prone boat at too great a cost. I greatly appreciate the advice and thoughts from the members of this forum. Thanks...
  2. M

    Advise buying in 1983 grand Banks 42 classic

    Update, August 23 - after much discussion the owner had the boat summer-ized. Both engines failed to start. Caterpillar has come out and evaluated them and provided a quote of $9000 to get both engines running. No word yet on the issues with the generator. The broker says he is having a...
  3. M

    Advise buying in 1983 grand Banks 42 classic

    Thanks again for all of the constructive thoughts. I appreciate both the brutally honest concerns about potential problems, and the encouraging comments about the value of this boat. I live about three hours away from the lake and hope to get back there next weekend. More investigation to come!
  4. M

    Advise buying in 1983 grand Banks 42 classic

    I have been working nonstop the last few days and have not had the opportunity to post. Thank you again for all of the helpful information. I did have the opportunity to check the teak decking. The caulking appears intact in most places. Although the teak is gray and looks like it needs...
  5. M

    Advise buying in 1983 grand Banks 42 classic

    Thanks again for all of this great feedback. I have reached out to the broker to get access to the maintenance logs. The boat was used in salt water until about 2000 and has been at this lake since then. My plan is to keep it on Lake of the Ozarks. It seems to me that transporting it and...
  6. M

    Advise buying in 1983 grand Banks 42 classic

    Thanks for the great replies so far. Thanks for the great feedback Since I am new to this forum I hope my reply will appear in the correct place. As to my previous experience, I owned and just Recently sold a 2015 Regal 42 Sport Coupe. It was a modern day cruiser with joystick and new...
  7. M

    Advise buying in 1983 grand Banks 42 classic

    Hi, im new to the forum and I am considering buying a GB 42 classic, 1983. I have a Lakehouse at Lake of the Ozarks, Missouri. Not the normal place you’d expect to find a Grand Banks, but there is one here for sale. It’s a one owner bone that spent a number years in Florida before being...
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