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Old 05-16-2014, 09:56 AM   #30
BDofMSP
Senior Member
 
City: Bayfield, WI
Country: USA
Vessel Name: All Night Long
Vessel Model: Regal 2765
Join Date: Sep 2013
Posts: 257
Quote:
Originally Posted by Barpilot View Post
That is a good analogy, except I can't fathom a boat being an appreciating asset. We aren't talking new here or a commodity. Hell, I can remember gas wars in San Francisco when I was a kid and you could get gas for 15.9/gal.
Are boats getting to be "collector" items? When we buy another boat, and it's "used", I hope to pay less than it cost new 20 or 30 years ago and will still be servicable for a few more years without having to rebuild completely.
Oh, converting the $135K in 1979 = $464,721.05 in 2014. It's getting worse.
Just for fun, the other way of looking at it is that 135K in 2014 is only $41,341 in 1979 dollars. So it's not really appreciating. I wonder what a comparable used boat would have cost then?
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