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Old 08-10-2014, 08:31 PM   #2
O C Diver
Guru
 
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City: Fort Myers, FL... Summers in the Great Lakes
Vessel Name: Slow Hand
Vessel Model: Cherubini Independence 45
Join Date: Dec 2010
Posts: 12,834
I'm a simple man.

Value in a boat works as follows:

1. You love the boat, and think it fills your needs.
2. You like it better than your money.

I don't finance toys which is what boats are. They are a depreciating asset with a ridiculous carrying cost. Simply, I had to like it better than my hard earned money. When the money comes out of your investments as opposed to a loan, only then will you have decided what the true value of a particular boat is.

That's how I see it anyway.

Ted
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Blog: mvslowhand.com
I'm tired of fast moves, I've got a slow groove, on my mind.....
I want to spend some time, Not come and go in a heated rush.....
"Slow Hand" by The Pointer Sisters
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