Re: New Hobby
Don't overlook that "finding a place to keep it" part. You'll probably be looking at $100-$400/month for a slip, depending on where you are, so the cost to keep it in the water for one year will easily match your original purchase price. I'm not trying to discourage you, just realize there are other ongoing costs involved which aren't trivial.
My first few boats lived on trailers which is a much cheaper way to get into the hobby.