Ok Ned, just to recap. There were 2 links posted in this thread that represented other "cleaner" boats of this type and vintage. The two boats were representative of what's out there. 1.) a 38' scarab without trailer that went for 19k; add another 6-7k for a trailer and that boat's cost is 25-26k. The other is a 34' Scarab without motors that went for 11k; add another 5-6k for the blocks and that boat's cost is 16-17k. All three boats need a thorough going over (as should any new to you boat). The 38' that you were looking at clearly needs the most amount of time and elbow grease. Frankly any used boat is a crap shoot and the old 1980 beater may prove just as or more reliable than the other two vessels, and it may be had for thousand(s) less dollars. I'm on my 6th season with my 1983 38' Scarab and while it was rough to begin with it has served reliably for all this time with less than $1000 (yes, that's correct) invested in re-dos and repairs. What you've got to ask yourself is if you are up for a buttload of cleaning, degreasing, grinding, priming, painting, buffing,and just re-rigging. All the best. - Jeff