I bought a 16' 1974 holiday with a '89 mercury 45 hp. I paid 2000. In my opinion you get what you pay for my boat is solid and so far has been very reliable. I didn't have to do anything to it. That being said I still have original sleeper seats, they are ready to come out. Transom is good and strong and it doesn't leak and the motor is great I saw the exact same boat with a '74. 70hp johnson on the back with 4 new swivel seats asking 2500. With a 115 I think you could probably get a decent amount.