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post #2 of Old 07-25-2011
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A boat is not an investment. Like cars, boats depreciate. With a new (or newer) boat, the annnual depreciation is a big part of the cost of owning the boat. With an older boat, the necessary upgrades are part of the cost of ownership. If you like your current boat and its in decent shape, keep it and make it yours. Just don't expect to get your money back out when you sell.
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