Absolutely. Even if you budget $20k for new power and outdrive and electric, you are all-in to a new boat for less than $22k, assuming the hull is structurally sound. Best way to go IMO if there is a classic hull that you would be happy owning for the long-term.
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1984 248 Sportsman w/1999 5.7L EFI Mercruiser
2001 Carolina Skiff J16 w/2005 25hp Yamaha tiller control
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