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Keyser Söze Keyser Söze is offline
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First recorded activity by BoatBanter: Dec 2014
Posts: 5,832
Default Looking for something about boats...

On 11/12/16, 1:10 PM, Tim wrote:

11:57
On Sat, 12 Nov 2016 07:37:12 -0800 (PST), Tim
wrote:
- show quoted text -
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The market seems very soft for older boats. A lot of them are showing
up on EBAY. I think part of the issue is the durability of fiberglass
boats. If maintained even half way decently, they just seem to last
forever. The systems start to go however, and it can cost a fortune
to start replacing and upgrading - all of which is done at new boat
pricing.
.....

That's the truth! About like everything else. Restoring anything usually costs way over a budget. And when you try to sell it you're lucky to get half your investment...if that!



Restoring something that is unique and rare and sought after can provide
substantial returns on investment. An old fiberglass boat rarely falls
into that category.