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Old 09-28-2013
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Re: Why buy a brand new $150,000 sailboat?

I've long subscribed to the attitude that the only things I HAVE to have new are food & underwear. Let the other guy eat that initial huge hit of depreciation.

It's especially true with big ticket items - houses, cars, boats. Hell, I even hunt down sets of good used tires for my minivan - it doesn't require high performance tires so I'd rather spend $150 for a set with 90% life left than $800 for a 100% set.

Now on my wife's Jag however.....
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