Join Date: Feb 2002
Location: Oceanside CA
Thanked 15 Times in 15 Posts
Rep Power: 15
Re: "You make your money buying the boat, not selling it."
I'm guessing he is saying buy right. Look at the boat very carefully and make a very wise decision to purchase the right boat and it will be a wise investment. You can buy the same two boats, I'll just pick an Ericson 35 as an example. I see them around at $27,000 in nice shape. You might get one needing work for $15,000, or one with new sails, engine, radar, rigging and lines, EPIRB, Liferaft, etc, etc for $35,000. IMO the $35k boat is a far better investment than the $15k boat, but it would be hard to imagine paying more than twice as much for the "same" boat.
West Wight Potter 14 "Lemon Drop"
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.