Since I have been on this site off/on since about 2002....I am sure I have seen this talked about a lot but here goes. I still owe 5K on my old 2001 TR19 with the 200 EFI Merc and 2001 trailer. Owned boat for 6 yrs now. Motor good....just had ECU drivers totally rebuilt but a thirsty EFI motor. Hull is very solid, new carpet too...what a job that was. New seats too. Everything else is stock and basic maintenance.
I have 3 options....and financially #3 is best but ya know how us guys are....
1) Repower with a new 200 Pro XS, Merc Monitor etc and new dual axle trailer ( I hate single axles). About 18K best guess after selling my motor.
2) Sell boat, NADA lists for high of 14K but think that is not realistic...more like 11-12K and take the 6-7K profit from sale and apply to a new boat. Back in the hole about a net of 45K but warranty, dual axles, etc. New boat I would get would be a 52K max boat. I even like the Triton 18 tins as well as other makes of 18-20 footers glass n tin so not locked into a brand.
3) Keep as is and put $$ back over time in case motor finally pops or save for new knowing NADA will go down too.
Pros/Cons of people who has faced same? Not a rich dude......retired by the Military thru the VA so......it is what it is. Thanks.