7 years on a trailer
2 years ago, I purchased a 1988 Formula F-223 LS with 454 Magnum from a marina in VA. It was pretty much abandoned on a trailer and stored indoors for seven years. The Potomac Marina sold it for what was owed for storage. It was in perfect shape for a 20 year old boat. The boat was put away properly and all it needed was fresh batteries. I had a written agreement with the marina that if it doesn't pass survey and my local mechanic approval, I can get my money back. I bought it for less than a third of the book value with 367 hrs on the clock.
Dave's Motorboat Shop surveyed the boat, checked out the motor and took it for a test drive. They were pleased with the motor and agreed that it was well taken care of. To be safe, they replace the impeller and doublecheck all the rubber boots in case of 'dry rot'.
Good Luck with your purchase.
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Someday may never be an actual day.
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