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Posted by Gord May on March 3, 2003, 11:55 am --Previous Message--
Chris:
As with all things, Boats do have a lifespan.
A very well maintained boat (fibreglass or otherwise) can remain serviceable for a very long time (at least 50 years - perhaps much more). However, it might cost as much as 5 - 10% per year of the boat's original cost to professionally maintain a boat in that condition.
Skilled Do-it-yourselfers could save much of
this(labour) cost, at the expense of much personal time invested.
Boats depreciate similarily to motor cars, and you should never expect to recoup the purchasing cost, under normal circumstances.
Boats and boating are the major joy in (my) life; but they are a terrible investment.
Do it anyway - it will repay you in so many ways other than financial!
Regards,
Gord
: Do boats have a lifespan, how old can
: fibreglass boats become and still be ok,
: assuming they are well maintained?
: What happens to prices of boats as they get
: older?
: Do they depreciate similar to motor cars?
: Would one be able to recoup the purchasing
: cost of a boat after a period of time?
: Do cats have different lifespans to monos?
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