SailNet Community - View Single Post - Sail boat depriciation Sail boat depreciation schedule?
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post #6 of Old 09-12-2006
longwaterline
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I never could see the sense in paying up for a new boat. They add useless things like commisioning costs, etc. As long as the hull, deck, and rigging are sound you can always tinker with the other stuff. I repowered my S2 shortly after I bought it used and still have not even come close to the cost of a new sailboat. Sailboats have not changed that much in over 30 years and good initial fiberglass work has an unlimited life. It's plastic. New boats add a lot of useless equipment. They are trying to be condos and not boats. Good luck.
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