1978 formula good or bad idea?

[den44057]

i have a chance to buy a 1978 Formula 205, 21' fiberglass,v-hull, gm 350 mercruiser 260 I/O, stainless prop with 2 spare props, 2 fish depth finders, gps, compass, trim tabs, bilge pumps, bimini top, all weather cover, closed bow lots of storage, life jackets,flares, horns, oar, rope, anchor, tandem axle trailer and more.

i would like to know a little about it as to how it will handle in lake erie ? i mainly fish and i have 5 kids. can it take the waves that this lake puts out ?

i had a boat repair man thats a friend of mine look the boat over for rot and stress marks and stuff like that. he found nothing bad said the boat was very nice for the age.

i can buy the boat for 1500 cash so im wanting to know what anyone thinks is this a good price or ?

[CDK]

That's less than $1 per lb. so the price is right. But with all the stuff included in the deal it will be hard to find a place for the 5 kids. And how about the wife?