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Try to find a yacht broker that will give you report on boats of similar make and vintage that have sold recently. You will then know if the boat is a good buy. It is OH SO EASY to end up with more money invested in a boat than you can ever get out of it. There are exceptions but that is the general rule. If you are not able/capable/knowledgeable to do or to oversee any of the needed repairs/upgrades the investment skyrockets.
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