Thread: Resale value
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Old 11-14-2014, 08:37 AM   #17
caltexflanc
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City: North Carolina for now
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Quote:
What I'm comparing costs to is against renting. I know that at the end of 5 years of renting I will have zero $. With a boat, even with depreciation, it should be worth something after 5 years. (Depending upon health and experience, we could just to keep boat, build house, and move back to land.)
Maintainance on boat comparing to owning a home. Still have cost of home Maintainance, in this case just putting $ into boat. Recognize boat will be more Maintainance $, but worth it to protect "investment".
First of all, if you are renting a house, maintenance costs and hassles of getting it done are built into the rent. (Not clear from the above if contemplating renting or owning house). Keeping a live aboard boat in seaworthy condition is pound for pound more expensive than maintaining a house. House doesn't have big diesel engine(s), transmission(s), a regularly used generator (if one at all), batteries, multiple voltages and AC/DC electric, and so on and so on.

If I were in the OP's position (which we have been) I would rent/own a house until ready to go cruising full time, and charter/rent a boat when I wanted to go boating now and then. Plus you will get a much bigger "home". Much more economical, take it from me. A bonus is you get to try out different types and sizes of boat so when you are ready to go cruising, you know just what you want.
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