SailNet Community - View Single Post - Older boat or newer boat - pros and cons
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post #2 of Old 03-14-2010 Thread Starter
Join Date: Aug 2009
Location: Durham, NC
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Another option I forgot to mention is to buy a cheaper boat maybe half the cost - around 100k spend another 30-50k to get her ready, with this option the boat cost are a lot less, we could still rent the home and/or pay the boat off quicker. A down side is, a loan is harder to get on an older boat (we do have stellar credit though). Also typically more repairs on an older boat.
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