Cobalt 226

2003 Cobalt 226 Ski Boat w/ Tower

Every boat has a story. This is an original owner boat. I have originaldocumentationand manuals. Bought for $57,000. The donor used it only a few times this summer in Diversey Harbor (Chicago Downtown) and took it to Skipper Buds in Winthrop Harbor by way of water. Upon arrival at Skipper Buds to winterize her he mentioned to the marina that the steering was a little bit tight all summer. He also asked them to check the stern drive. They proceeded to check the steering and stern drive and determined the following

found that the steering cable is the issue and needs to be replaced.

drive held pressure at 15psi for 5 minutes with no leaks. The entire drive is corroded and the oil seal in the bearing carrier is close to falling out. Checked gear oil reservoir on the engine for leaks and didnt see anyWhile drive was removed checked engine coupler and found that it is worn and needs to be replacedcoupler is warn and should be replacedThe prop shafts on both outer and inner can have grooves worn into them where the oil seal is making contact.

The marina pitched a New Bravo 3 complete installation and since the donor has used it much less they figured that they would donate it, save on winter storage and be ahead of the game.

Obviously the motor is very clean looking and no other problems were reported by the donor or the marina beyond what I mention above. Dont let this one get out of your hands. You have the winter to work on her and she can be ready in the Spring.

Nada puts the boat at a low retail of $17,810 and an average retail at $20,275 for this boat. Obviously that can be high. The repair for a New outdrive could be around $8000 brand new. A rebuilt one can be around $2000. You do the math on this one and even with the repair you are getting a great deal on this boat. The outdrive has since been put back on the boat (the photos show it missing)

TERMS OF SALE:

Buyer is responsible for transportation as well as shipping costs to deliver this vehicle/boat to its final destination.We expect the nonrefundable deposit to be made within24 hours of close of auction.The balance is to be paid within 7 days of close of auction. We accept payment by cashiers check, Pay Pal, bank to bank wire transfers and cash in person (when a Donate Your Boat representative is available to accept cash).

DELIVERY TERMS:

The Buyer is to pay for and administrate the shipping of the vehicle/boat.It is critical that you are prepared to pick up the vehicle/boat within our stated 7 day period. If vehicle/boat is not picked up or delivered within 30 days of auction end, Donate Your Boat will re-sell the above-mentioned vehicle/boat with no refund being offered to the winning bidder. Titles are held until vehicle/boat has been removed from the property. They will be either mailed to the buyer or presented in person once a vehicle/boat has been removed.

ADDITIONAL FEES:

TransactionFee: $75 for US Buyers, $150 for non US Buyers (this does not include title transfers which is buyers responsibility)

Storage:$10 per day a vehicle/boat is in storage beyond the 7 day period mentioned above paid in advance up to our 30 day pick up window.

Lift Fees: Varies depending on marina

DISCLAIMER:

This vehicle/boat is a charity donation and will be sold to the highest bidder.Please read this description completely. When you bid on classifieds board you enter a legally binding contract.Donate Your Boat offers the details of this vehicle/vessel in good faith but cannot guarantee or warrant the accuracy of this information nor warrant the condition of the vehicle/vessel. A buyer should instruct his agents, or his surveyors, to investigate such details as the buyer desires validated.

ALL WARRANTIES OF ANY KIND WHATSOEVER, EXPRESS, IMPLIED AND STATUTORY, ARE HEREBY DISCLAIMED. ALL IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE ARE HEREBY DISCLAIMED. THE BOAT (INCLUDING ANY ACCESSORIES AND COMPONENTS) IS SOLD AS IS.BUYER HAS EXAMINED THE BOAT AS FULLY AS DESIRED OR HAS REFUSED TO EXAMINE THE BOAT.

In no event shall Seller be liable for damages of any nature, including without limitation, special, direct, indirect, incidental, or consequential damages, whether or not relating to or in any manner resulting from or arising out of any defect in material and workmanship.