ASA and PSIA Instructor
Join Date: Apr 2000
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As a general rule you can expect to get back about half the value of your capital improvements when you sell a boat, ignoring the value of your time in any of the related work. Given the cost of parts and materials, I do not think many people ever make a profit on a used boat, let alone get back most of what they poured into it. Generally the cheaper the purchase price for a boat considering its type and size, then the more it will end up costing you to own.
Certified...in several regards...
Last edited by sailingfool; 04-05-2011 at 11:31 AM.