Join Date: Oct 2006
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Re: What Is A Boat Really Worth?
A boat is an unnecessary luxury item, if you cannot afford to pay cash for it, chances are that you cannot afford to own it, IMHO.
I am not saying that you should pay cash, just that you should be able to. It may make more financial sense to finance part of the purchase.
I have not one regret in financing our boat! However, any and all upgrades are paid in cash, for example a re-power. There lies my disagreement with your opinion/comment
1982 Tartan 37C
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