Originally Posted by Sailmonkey
But almost never by the price of the new engine
Sent from my iPhone
using Cruisers Sailing Forum
Of course not, an old boat is expected to have an engine
in serviceable condition. If the engine does not work
, the boat is devalued. If the engine is new, the boats value is increased, by the about the difference over having a serviceable vs brand new engine, depreciated by years and hours since installation
. (It depreciates about 25% the instant it is "used" like any mechanical device.)
But to the original point, if the boat is difficult to handle in cross wind
or cross current
(as many full keel boats are) and you want a thruster to make close quarters low speed maneuvering easier, and you can afford it, why not?
If you sell the boat a year later, it will have cost you a fair bit. If your sell the boat 10 years later, you may have gotten your money's worth, whether it increases resale value or not.
Few vessels are sound financial investments. (They can be priceless recreational or lifestyle investments.) Adding any piece of equipment
for the purpose of increasing resale is risky. (Replacing a dead engine with a used one if you can do it yourself, solely to sell a boat, would be an example of a possible worthwhile financial investment.)
and polishing is about the most valuable financial investment for resale value. It is rare where this will not produce at least a 200% ROI when contracted out.