[JohnDrake]

whoops... let me also hasten to add:

I also think there are good reasons for buying new. I can see Mr. Smith''s reasons for buying new: the dealer deals with any hassels, you get the nicest interiors and some very nice new features. Also that on an older boat, you never know what is going to break. I enjoy working on boats. If I were in Mr. Smith''s shoes, I might want to just enjoy the boat. :O)