Congrats on the Albin Ballad, pretty boat (I had to Google it).
If you're going to weigh the financial sense of a boat you have to look at more than just buying and selling.
People around here pay BIG money to live on the water at the Jersey Shore. For what most people pay for a one week vacation on Long Beach Island we get a three season waterfront property (our slip) and we get to play out on the water. Try that in a condo! (No Sandy jokes please it's too soon)
So compared to having a mortgage on a million dollar property our boat makes pretty good financial sense.
You see, it's all in how you look at it