94 Ocean Alexander CMY 46; opinions

I now have a contract for a 94 Ocean Alexander CMY 46, aft cabin. Looks to be in very good condition, very well kept, relative to the other boats we looked at in the $200-300K range. Survey, etc on the 23rd.

Cat 3208.

You guys have any thoughts?

Lost track of this discussion as it was moved haha.

Closing on this boat in a few days. The engines are 375 hp, the survey and oil analysis was happy except one engine was 200 rpm lower than the other. The better engine had recently had some injector work done, so hopefully that's the reason for the difference.

Does not seem to be much service history, it's had a number of owners. The oil samples did come back with some history from PO's, that was all OK.

It's also done the Catalina run a couple times in the last month, so at least we know they're not on their dying breath. I'll get the aftercoolers serviced or replaced soon.

There's more pics on the listing, as long as that stays up:

Deal is done, I'm getting to know the boat. Insurance is keeping it at the pier until ALL survey recommendations are done, including bottom paint which wasn't even that bad

I'm putting together a tool kit... I understand the 3208's are SAE, not metric. How about the rest of the boat? Any metric fasteners?

There's no owner's manual onboard, anyone know if OA might be able to provide one for a '94?

Apparently it's a new thing, at least in SOCAL. The underwriters prefer not to take any responsibility for "adjudicating" which recommendations matter and which don't, so they just say "fix it all". The bank was good with whatever the insurance people specified.

Also I'm being held to current ABYC code standards, not the code in effect when the boat was built. That's mostly minor electrical things like GFCI's.

Most of it was low cost stuff, with only one more significant and costly issue (dinghy mount blocking V-berth escape hatch). I would have painted the hull anyway within a year, so not too big of a deal on that. Biggest impact is the nuisance of waiting for boat yard availability next month... I want to play with my new toy.

Insurance also wants 20 hours of training (I'm a retired Navy officer, with relevant experience in the distant past). Interestingly, the fact that I'm a current airline pilot also seemed to mitigate the training requirements.

Also what do you mean by "pull the wheels"? Thanks.

Update:

I finished insurance mandated survey work about six weeks ago. Big ticket items were hull soda blast and paint, trim tabs replaced, cutlass bearings replaced, props tuned. Various minor electrical and safety equipment updates also. All told that took about four months. In retrospect I would have put the boat under management at the start... I'm fairly busy and this is my first boat so I wasn't plugged into the local support ecosystem and it was the busy season.

Finished insurance mandated training yesterday, looking forward to actually using my boat now! I had to do 20 hours, no previous boat ownership, but retired Navy officer with relevant training and experience. Insurance company actually seemed to like the fact that I'm an airline pilot