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Over a 17 year period, I have owned five Pungo 140 kayaks: a solid Home Depot orange, a yellow lighter version that flexed a bit. Both had the old rubber snap-on hatch covers. (So if a used boat you are considering fits this description, you have an idea of its age) Since 2010 all my Pungo 140's have equipped with hinged gray Orix hatch covers. 2018 was the last year of production of the 140 - discontinued probably because the 120 version outsold it. There is a new Pungo 125 length marketed as a larger paddler's kayak which might be more manageable than a 14 footer but I would not paddle it to the 2KR Buoy. (I sold one Pungo to a 300 lb. buyer and I thought that was pushing the limit) This kayak took me to where I wanted to go, even into open coastal waters in winter, of course weather/tide permitting. The 140 is not the fastest, but is the most stable/straight tracking kayak I have paddled. I caught stripers, bluefish, mack's, sand sharks, shad, and smelt etc. - it has room for fishing gear and always got me to my favorite spots on time. I paddled the NH coast in winter but with extra care as waves tend to splash water over the bow into the cockpit, In January 2010, I was paddling the Portsmouth back channels when I found a man who had killed himself with a shotgun on the rocky shore facing where he had lived on a boat, years before.
I always paddled my Pungo 140's for a few seasons and sold them for $525 - $625. Now that this kayak is discontinued, it is uncertain whether the resale value of used but not abused Pungo 140's will fall or rise.
Despite 20 years fo paddling experience, I am not a skilled paddler, After 5 WS Pungo 140's, I changed my low suspension Tacoma for a used Toyota RAV4. Due to my age (late 60's) it soon became apparent, it was time for a lighter, easier to car top kayak. I still wanted a craft that would stand up to the conditions /places where the Pungo 140's never made me feel unsafe. (coastal, some open water, occasional strong current) After over 15 years of paddling a chined design craft, the Tsunami 125 (2018 version) seems to satisfy these requirements. The Tsunami 125 is 12' 9" long, has good hull height (15") for wearing boots and waves don't end up in my lap as much; it has two bulkheads, is chined for great maneuverability, stability and being narrower by a few inches, has better speed than my former 14' x 28" wide-load Pungo. The change feels like going from a touring motorcycle such as a Honda Goldwing to almost a "trail bike " - so far the only problem I have had is paddling downriver during the new moon on the Piscataqua River when the current is ripping; it spun me around where I could have kept the Pungo straight with a few moves of my paddle. The Tsunami cockpit dimensions do not allow for as much storage of fishing/photography gear - but it does have bags and rigging to store equipment on the deck. Overall, I am quite satisfied with the Tsunami and it is lighter (51 lb. vs 58 lb.) so it is slightly easier to cart top though I prefer the Pungo style grab handles.
14 years later...
I am still paddling with my Werner Kauai 230cm bought at Kittery Trading Post in 2003! It has held up to much abuse, freeing my kayak stuck against a bridge on there outgoing tide to other tight spots. I went to the KTP Watersport Show two years ago and the younger Werner rep's did not know what a Kauai was...After reading online specifications, I think the fiberglass Werner Shuna is a reincarnation of the Kauai - I do prefer the modern ferrule of Werner's current paddles.