Quote:
Originally Posted by Vasco
I have bought three sailboats in the last 24 years. All were new. I have had few problems with any of them.
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This is a very interesting statement. That's a boat every 8 years, probably before any real "refitting is needed.
If you bought the first boat outright, I am wondering how that has worked financially.
I suspect you eat a good depreciation on the "new" boat when you sell it but you do roll a bunch of cash into the next one, top it up with cash saved on
maintenance and go cruising again.
I suspect you never have any "big" bills to pay regarding the boat hence the ability to build up the next top up.
Is this how it's worked out?