Hi All
I have recently inherited my father's boat which started me in boating as a child. Although I'm not sure of the exact age, they were manufactured from 1986-1989 with a 100-litre fuel tank and are rated from 40-120hp. I'm currently trying to repair the trailer (U bolts rusted through so axle and some runners fallen off) so I can tow it out of garage, clean it up and inspect it properly. It has an original mercury 75hp motor on it and is generally in good condition as it has been stored in the same garage since purchase. I plan on selling it as I am not sure it is the best boat for me at the moment, but am not sure the best way to do it. I could sell as is (stuck in a garage), could spend some time and money restoring the motor, or could re-power with a new 90 or 115 but that would cost at least 15-19K. I don't want to spend money if I will not re-coup it when I sell it, but also do not want to just give the boat away because it is currently in a poor state.
Any advice?