There is actually a market for old restored Rangers such as that and it could fetch a higher price than you would be wiling to normally pay for an 88' ranger. That boat looks to be in fantastic condition and well cared for. Assuming the motor is pristine, I would find it hard to believe it goes for under 7k to the right buyer. Normally you would be looking at 5k ish for a good condition /w a strong motor but this looks to be one of heck of a cared for old ranger. These are great hulls, too. Hopefully he cuts you a friend discount. That's one beautifully restored ranger.