I am looking at buying a Hunter 37 Cutter 1980 model to refurbish. The boat is in the water but needs a new engine,cushions, electical panel, head, etc. It does have a new main and the other sails look good the rigging is in good shape. The hull is in pretty good shape. I am looking to buy it for $7000. My plan is to put about $15K-$20K into the refurbishment. I am not sure if it would be better to just buy a Hunter 37 that is operational or to take the time (1-2 Years) and fix this one up. I previously have owned a 1980 H37 Cutter for 10 years and a 1987 H40 Legend for 5 years so I do have experience with the boat. Any thoughts. thanks Tom