Join Date: Feb 2002
Location: Oceanside CA
Thanked 27 Times in 27 Posts
Rep Power: 15
Re: "You make your money buying the boat, not selling it."
I'm guessing he is saying buy right. Look at the boat very carefully and make a very wise decision to purchase the right boat and it will be a wise investment. You can buy the same two boats, I'll just pick an Ericson 35 as an example. I see them around at $27,000 in nice shape. You might get one needing work for $15,000, or one with new sails, engine, radar, rigging and lines, EPIRB, Liferaft, etc, etc for $35,000. IMO the $35k boat is a far better investment than the $15k boat, but it would be hard to imagine paying more than twice as much for the "same" boat.
West Wight Potter 14 "Lemon Drop"
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