How much should I pay?

[Fr. Frank]

...The trailer is brand new. Has only seen the water once. The motor is a 1990 Merc 200 that was running when the boat was being used.

I was thinking in today's market $1200 tops. Am I completely off?

You're right on. If the trailer has only seen the water once, for negotiating purposes, it ain't brand new anymore. If it's been in salt water, you can surely find the beginning of corrosion somewhere to point out. I can buy a NEW single axle 19'-21' 3200 lb. capacity galvanized Performance trailer for about $1300, so depreciate by 25%. The motor is worth about $375, statistically, and the hull requires more $$ than will be the book price when you're done. (We know the "Book" is screwy when it comes to SC)

So yeah, $1200 sounds right as a ballpark figure.