Find a GOOD boat mechanic. They will know what to look for, for a grand, seems good, but at least make a few calls to have a boat mechanic look it over. It is the little things in a boat that can cost. The lights that are required legally cost $50 each (4 needed on my boat). I just put $1,000 into my boat last year. The waterpump in the new outboard went out 3 days out of warranty, $376...