If you are shopping new, I would give a look at the new Shorestation lifts a look. Fairly reasonable and if your dock isn't wired for electrical yet they have solved that with a solar panel that keeps the batteries charged up. Super quick launch times too compared to other models. 8k doesn't sound too bad for a new with warranty HydroHoist. The new Shallow Water seems to go for around $7-8k depending on where you are. One of my friends has two newer UltraLift2's that are "Level lift" not "bow first" HydroHoists. One floats a new X55 and the other, their old ProStar190 just fine. The prices on new and used fluctuate all over the place so take everything you read online about them with a grain of salt. Some lakes, floating lifts run in the neighborhood of $1/lb installed and some places its twice that. I'd say hold out and shop around for a used one. They seem to pop up used for 2-3k a lot of times and go quickly around here. Typical moving cost of one runs between $350-$500 downside is no warranty.