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Not to be a basher, but I have quite a bit of experience with this model. I would say, sink it, burn it, or chop it up and put it in a dumpster. BW RAGE suffered from all the same issues as every other jet boat outfitted with the Sport Jet engines. Sooner rather than later they all blow up. The 175 HP is a little better than the smaller one, but these engines have always been a, "Problem Child". Some rage's were offerred with the Yamaha Jet Engine and they were not much better either. That is why you can look at CL or any other boat classified section in any town in the U.S and you can find Rage's selling for peanuts compared to any other Whaler. That is also probably why there are only 2 members on this sight that list that they own this boat. Your best bet is to either take the money you would spend on a rebuilt or reman engine and invest it into a nice older 13 sport which even with a vintage motor, will run better, be 100 times more reliable, and hold its value. The other option I have seen is that people because they like the center console and layout of the Rage will put a outboard Bracket on the boat and replace the jet with a outboard. All you need to do is run new cables and steering. I have seen some really nice ones modified in this way.