I'm looking to purchase my first boat... don't want to spend $50k on something we may not use and/or slam into a dock. Primary goal is wakesurfing and cruising, with the requisite bit of wakeboarding, kneeboarding, etc.
I found a '92 sunsport in fair to bad shape. The hull is solid and straight, the motor runs great with good compression numbers (125-127) with ~650 hours... mechanically its a good boat. Whats wrong? Its ugly, scratched, needs interior switches and lights, muffler baffles are loose (may require a muffler - $$$?), windshield frame is loose, rear railing is loose, shower is inop, heater is inop, depth finder is inop, trailer needs brakes, etc.
I've been looking for a 92-98ish sunsport due to the composite stringers and modern windshield. They were asking $9k, talked them down to $7k, then had the pre-purchase done which manifested all of the above listed issues. If I bought it, I would throw an impeller and a muffler in it, fix the required trailer, light, and switch issues, wrap it in some black 3M Controltac and throw some ballast in it.
Cheap surf machine or huge money pit? What would be a reasonable sales price?
Thanks guys.