Fully loaded and in excellent shape. Raft has always been stored in a garage. Frame is also in perfect shape and has ALL the bells and whistles. Trailer was bought new and has always been regularly maintained (yearly to twice-yearly bearing services). Trailer tires are excellent & only have a few thousand miles on them. Oars have only been used a few times, so like new. Tons of extras too. This is the ultimate fishing raft for the west!