Last Man Standing
Join Date: Aug 2008
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Re: What Is A Boat Really Worth?
When Maine refers to "2%'ers" I think he is referring to those rare boats out there that are pristine - in new or better than new condition.
In those case, a "bargain" price would be better compared to a new boat price rather than the used market range for the same or similar boats.
If you use that perspective it's easy to see a relatively expensive boat as a bargain. Buying what amounts to a new boat for say 60% of the new price compared to paying say 30% of new for a typical, well used boat that requires a significant investment for the "usual" upgrades can be an astute purchase.
Ah, okay. That I can see.
S/V Dawn Treader - 1989 Hunter Legend 40