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Jan 23rd, 2013
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Donate or Sell or ? #14506816 10/16/22 05:18 PM
Joined: Aug 2006
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T
TexasJT Offline OP
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I need some guidance. I have a 1984 Ranger 373V with 1991 Johnson 150 Faststrike on a 2011 Roadrunner trailer. Prior to issues, it was a great boat and ran 58 on GPS.

Then engine troubles and a freak storm caused damage to the hull shown on attached pictures. I had a mechanic look at the motor. He replaced the power pack, but the new power pack failed. He was able to return it, so all I paid was for diagnostic. He said it needs a complete power pack rebuild including stator and it would cost $1,600. I paid $5,000 for the boat 2 years ago so not sure I want to invest more.

With that said, I'm thinking I want to move past boat ownership. I'm thinking about the following options
1 - Donate it to a charity and take the tax write-off on the $5,000 book value.
2 - Sell it as-is, but not sure if people buy broken boats.
3 - Other options?

I would appreciate any thoughts or advice on the best path forward. Thank You

Attached Files 3 Side.jpegPic1.jpgPic2.jpg
Re: Donate or Sell or ? [Re: TexasJT] #14506830 10/16/22 05:38 PM
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hopalong Online Confused
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donate to a charity is your best option, in perfect condition it would bring the 5k. boats hit a point where they are worth just so much due to age and needing repairs you might get 1,500 for all.

jmo


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Re: Donate or Sell or ? [Re: TexasJT] #14507203 10/17/22 12:14 AM
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TexasJT Offline OP
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Thanks hopalong. Appreciate the advice.

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