I just purchased a 2001 Speedster, Merc M2 engine. I had a dealer perform a compression check first-all good 115-120 each, but the impeller, wear ring and grate needed replacing. I bought the boat from the private party at a reduced price, $6000 and had the dealer do the repairs ($1800). I bought the boat home to my house, 200 miles from the seller and dealer.
I put it in the water and it ran for 15 minutes and quit. The local dealer now claims I have a bad cylinder-20psi on compression. They want to replace the engine, $6500 more dollar!
What should I do, beside cut my wrist?
I put it in the water and it ran for 15 minutes and quit. The local dealer now claims I have a bad cylinder-20psi on compression. They want to replace the engine, $6500 more dollar!
What should I do, beside cut my wrist?