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Old 10-09-2019, 04:29 PM   #94
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City: Santa Cruz, CA
Country: USA
Vessel Name: Frisky
Vessel Model: 99 Nordic Tug
Join Date: May 2013
Posts: 1,148
Originally Posted by Chrisjs View Post
Also, would guess that any boat that is not depreciating is hard to insure adequately and just as hard to get a loan on.
I would think a bank would rather give a loan on a non depreciating asset rather than one that depreciates quickly.
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