Re: 62 mfg opinions is this a tinnie ???
I certainly wouldn't consider MFG a low end manufacturer, especially during those years.
Unlike other brands they were built with all fiberglass, no wood decks or stringers. Only the transom core was wood.
Some models were built with curved transoms, meaning the transom bows outward, they were built this way much like the wood boats they were meant to mimic.
That said, that one is rough, but chances are the floor and hull are fine. If the transom is solid, it'll have lot of life left in it.
They used both foam and a trapped air means of flotation, most had double bottoms so to speak. The lower bilge is sealed off from the passenger compartment and there's a separate drain plug for the above the floor, as well as one for the lower bilge.
The years to look for are 1962 through 1967, after this point they began to use wooden stringers and floors to reduce costs.
I've owned a dozen or more of these boats and they are one of the only fiberglass boats I'd even consider.
I've redone several which had rotten transom cores with SeaCast, after this repair the boat is 100% wood free. and will last a lifetime.
MFG is still in business, they were the people who molded Corvette bodies for GM, they simply got out of building boats in the 1980's.
As far as the electric shift motor, they can still be serviceable but lower unit parts are hard if not impossible to find. If it runs and sounds OK, and the shifter works, the motor could very well still be OK, but I wouldn't consider it to be an asset to the boat's value.
It would be easy to just hang a newer motor in its place, and a more modern set of controls.
Those boats were also very light, that boat would do fine with a bit less motor but was rated up to something like 100hp.
I believe that model was called an Edinboro. See here for a pic of the original Brochure:
http://forums.fiberglassics.com/mfg/mfgb63008.jpg
MFG boats have quite a following, and those like the one in that ad are from the companies best years.
The way I'd see it is like this, the motor, if it runs, would be worth maybe $250, the trailer another $400, and then the rest would be the boat itself. I saw the big speakers in the boat but I don't see any radio or holes cut in the dash, so that makes me think someone just tossed the things in the boat.
I'd look at buying a boat like that much like buying a classic car. They will always need some work, if they didn't I'd be more than a bit suspicious as to why they were for sale.
The biggest thing I see wrong with that boat in the pic is that someone appears to have painted it, it looks like that may have been a red upper hull model and someone painted it blue? I've seen those in white, blue, and on occasion in red. Red is by far the least common with most of them being blue.
I think a lot of what a boat is worth has to do with where you are and what time of the year it is.
I sold my last MFG Edinboro last spring for $750, but it had no seats, no motor, and no trailer and it was in need of a transom rebuild.
I had bought it for its original seats and vintage trailer, and sold what was left. It was for sale for a month before it sold.
I later sold its trailer for $500 with a fresh coat of gray paint after finding one I liked better. Mine had a 60hp, electric shift Evinrude which worked great. That motor was still on one of my boats until last month when I sold it with another boat.