[CT_V-20]

I would say that if you can buy a hull for <$2,500, assume another $8-10k for a complete repower (either I/O or outboard and NEW not rebuilt or remanufactured), then you know what you are getting into financially. In return you will have a great hull with unbeatable heritage and design as well as reliable power and it will cost you less than half of what an entry level new rig would cost, much less a Ray Hunt hull.

But that excludes all the cosmetic work you are thinking about. If a new looking boat is what you are after foremost, then maybe a new boat would be a better value than a 20 year old used boat.

The good news is, you face a win-win decision.