They could also just use the 454 at fast idle and save the hassle of the swap.
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COVID and the housing market
- Thread starter mimico_polak
- Start date
I used to work for Perkins after high school. I didn't know they were still around. I learned an interesting lesson there.
A four cylinder was returned because it shook like a wet dog. The mechanics took it apart and found everything to specification. The reassembled it and it still shook. They took it apart again and checked the weight of the parts with everything being in range. However one part was at the upper range and another the lower range, right through the pistons, con rods, etc. It was an accumulation of errors.
The customer got a new engine and theirs was kept for testing motor mounts.
We really can’t go smaller , at times it needs to hold 6 people and be able to sit at anchor in Lake Ontario conditions, which some day includes 6 ft waves and 25kts of wind. People get pretty beat up in a small boat .
It does need to cover some distance in a timely fashion , trawler would work but there are not many POS trawlers around .
Repowering with diesel has been a thought , it’s not as simple as in/out , new stringers have to be glassed in for engine mounts tanks refitted and replumbed , drive line altered . Any decent used diesel is about 8k and your just getting started. Repower quotes are in the 20k range , and then it’s a crap boat with a better engine .
I’ve been personally looking for a 26-28ft diesel boat , they don’t make many small ones and what I can find is really expensive.
Considering a diesel outboard , but nobody wants to service one in Ontario (yet)
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It does need to cover some distance in a timely fashion , trawler would work but there are not many POS trawlers around .
Repowering with diesel has been a thought , it’s not as simple as in/out , new stringers have to be glassed in for engine mounts tanks refitted and replumbed , drive line altered . Any decent used diesel is about 8k and your just getting started. Repower quotes are in the 20k range , and then it’s a crap boat with a better engine .
I’ve been personally looking for a 26-28ft diesel boat , they don’t make many small ones and what I can find is really expensive.
Considering a diesel outboard , but nobody wants to service one in Ontario (yet)
Sent from my iPhone using GTAMotorcycle.com
Normal now .....
Sochi
Well-known member
I am so proud we are on top in this competition 
article is here:
www.ctvnews.ca
article is here:
Change is coming for mortgage market dynamics: analysts
Lower interest rates, higher disposable income, and increased investor activity have caused a stir in the mortgage market during the pandemic. But analysts who spoke with CTVNews.ca warn that with higher interest rates, the dynamics may soon shift.
I am so proud we are on top in this competition
View attachment 53505
article is here:
Change is coming for mortgage market dynamics: analysts
Lower interest rates, higher disposable income, and increased investor activity have caused a stir in the mortgage market during the pandemic. But analysts who spoke with CTVNews.ca warn that with higher interest rates, the dynamics may soon shift.
We are the championssss we are the championssWe're number 1! We're number 1! We're number 1!I am so proud we are on top in this competition
View attachment 53505
article is here:
Change is coming for mortgage market dynamics: analysts
Lower interest rates, higher disposable income, and increased investor activity have caused a stir in the mortgage market during the pandemic. But analysts who spoke with CTVNews.ca warn that with higher interest rates, the dynamics may soon shift.
5% inflation rate announced today....interest rate hike here we come!
We already knew inflation was in that ballpark (or higher). Not sure why central bank screwed the pooch last round. It seems like they are intentionally pouring gas on the housing fire. If they did 0.5 last time, they may be ok to skip a few as people would think about consequences of their actions.
In the immortal words of the Sphinx:
"We are number one. All others are number two, or lower."
"We are number one. All others are number two, or lower."
They too ******* dumb to do it before the USA. J.T needs to wait for his big US daddy?
We are with a credit union, fixed rate mortgage was coming due in November this year. I was going to switch to variable but I was starting to second guess that....
They actually cold emailed us and offered a five year extension with no penalty, with the new rate locked in the day before they raised it. Which lowered our current rate. It is quite possible that variable would have been a better call but I like the lower stress.
They actually cold emailed us and offered a five year extension with no penalty, with the new rate locked in the day before they raised it. Which lowered our current rate. It is quite possible that variable would have been a better call but I like the lower stress.
I recently went to variable, and while some (including on this forum) have called me 'foolish' for doing so...at Prime - 1.3% I think I'm good for quite some time and can weather the storm. Went from 2.79% to a current rate of 1.15% or something there.
EDIT: The current 5-year fixed rate is 2.85%, and we still had over 2 years at 2.79% but since rates were going up, our break penalty was 3 months interest.
The consensus is variable is almost always better. I have always gone fixed because I was "smarter" (but I also like the fixed risk) and every time I would have been netter off variable.
Yup, 9/10 times (or whatever) variable wins out...but considering we're at record lows...may be painful over the long term but I'm ok taking that risk as we have a cushion. And I'm currently pumping $ into the mortgage anyway because I'm stupid and am too scared to invest
EDIT: I know people that were variable before, and within the last 2 years their payments went DOWN $1000/month or so because of the rates going down. Now they're scrambling to get fixed mortgages because they can't afford a rate rise (new renovations, new cars, new toys, new vacations are great...until you need to pay them back on the LOC/HELOC).
Sochi
Well-known member
Hey, we are the BEST on the inflation side too - US is 7.1%, UK 5.5% and we are "only" at 5.1% - so as our politicians would say - "we are definitely in better shape than the others!"
Haha, that has nothing at all to do with cheating on the metrics. It would be interesting to see if someone published a study with comparable baskets. Canada mixes up their basket to get the answer they want even if it is completely detached from the pressure the residents feel.Hey, we are the BEST on the inflation side too - US is 7.1%, UK 5.5% and we are "only" at 5.1% - so as our politicians would say - "we are definitely in better shape than the others!"
Mikedezo44
Well-known member
A lot of my customers are out burlington/oakville/mississauga and driving through the neighbourhoods you would think half the people won the lottery seeing the cars and homes. Arctic spas contracts me to deliver their new hot tubs (often 20-25 grand) and so many of them are financed lol wonder if I'll be repo'ing any of them. I really wish their would be a big rise just to put them in their place and teach a lesson that a 25k car does the same thing as a 100k car. But that doesn't impress the neighbors. Payments, payments, payments. I won't buy anything I can't pay outright for.
I wanted to buy a hot tub off you so badly, and then we got pregnant so that plan is off the table! LoL I'll keep you on notice if we need a hot tub next year though! As you, I have an aversion to payments on bad debt...could have a lot more toys if I was cool with it....ah well.
I'm actually thinking of selling the current above ground pool that we have as wife doesn't want it out with the little kids and her having to deal with baby + 2 older ones. They'll lose their **** in the summer with the pool there, and not being able to go in. Plus by the time I get home, out of the basement work, then it's already cooling off and not as much fun. Will see how it goes.
Sounds like you need a swim spa
Lockable cover to keep the kids safe and it's heated.|
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