SailNet Community - View Single Post - need advice on financing a boat
View Single Post
post #13 of Old 03-21-2011
Junior Member
Join Date: Jul 2007
Location: Philadelphia
Posts: 1,002
Thanks: 0
Thanked 10 Times in 10 Posts
Rep Power: 9
I second the comment from Jon

A boat is a depreciating asset. Pay cash and unless you have a secure income and predictable liabilities for the finance period the assets used to secure the loan are at risk.

But sailing is mental health care for me, there must be some value to that?

1970 Havsfidra 20 by Fisksatra
On the Delaware River at Fox Grove Marina Essington PA
Ulladh is offline  
Quote Share with Facebook
For the best viewing experience please update your browser to Google Chrome