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Old 12-30-2008
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chucklesR chucklesR is offline
Gemini 105Mc Hull 987
 
Join Date: Sep 2007
Location: Annapolis - Cape St Claire
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chucklesR is a jewel in the roughchucklesR is a jewel in the roughchucklesR is a jewel in the rough
Boat depreciation averages, 6 percent year one, 3 percent per year after for 5 years, then it depends on maintenance and market, it's not a straight line.

A well maintained boat, bought cheap and fixed, doesn't depreciate at all.

Gemini's bought new in the 80's sell for more than the original price today.
Go figure

That per BoatUS.
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