I have a 1990 Mach I bowrider that has been only in salt water once and has a brand new 4.3 Mercruiser with less than 5 hours on it. The only issue is that the floor has some soft spots and needs to be replaced along with rear bench seat (all glass stringers). The rest of the boat is in great condition. This is my first boat and I have learned that a fishing boat would fit me much better for the Chesapeake. NADA book value is about $4,000 without taking in consideration for the new motor and extra goodies. If I get another boat I am looking at 2004 18' Sea-pro with 90hp for $13,000.<br /><br />What makes the most sense financialy?<br /><br />1. Sell boat for about $6000 and buy slightly used sea-pro (with hull warranty)<br />2. Dump money into existing boat and lay a glass floor<br /><br />Also, if anyone wants my boat which has a warranty on new motor, I'll make a sweet deal.