SailNet Community - View Single Post - TLC vs. Almost new
View Single Post
Old 07-17-2004
Sailormon6 Sailormon6 is offline
Senior Member
Join Date: May 2002
Posts: 2,657
Thanks: 4
Thanked 26 Times in 24 Posts
Rep Power: 14
Sailormon6 will become famous soon enough
TLC vs. Almost new

If you''re buying a boat that you will keep for a long time, then a new boat will provide trouble-free service for many years, and you can amortize the depreciation over a long period, making a new boat, by far, the better way to go.

If you are more likely to sell within a shorter period of time, then buy a used boat, on which the original owner has taken the big depreciation that occurs in the first few years. If the boat isn''t too old, it will still provide several years of relatively trouble-free service, and still be in reasonably good condition when you sell it after a few years.
Reply With Quote Share with Facebook