What would the smarter thing to do....let the boat go or just hang on to it?
Honestly...if it were me, I'd sell the boat and get a kayak or two.
It cost money to properly maintain the boat/insurance/note. Then it cost money to run the boat anywhere with these gas prices.
Not to mention the lack of time.
Pay off that note and free up disposable income.
Get the yak to be able to fish/just get outdoors and relax.
Little to no maintenance and it gets you on the water.
...kinda facing a similar situation too...however, the wife wants to keep the boat, so I'm game.