Roger Long wrote:
"Paul Cassel" wrote
A good rule of thumb for any boat is that if in perfect shape, it'll cost
10% of its value per year in maintenance charges if you hire it all out.
How much you'll save if you DIY will depend on the job.


And, you have to be very careful that you understand what that is 10% of.
If you went out and bought a new cruising boat just built, you might pay
$200,000. Annual cost will then be $20,000 according to this rule. You can
buy an older boat that is the functional equivalent in today's depressed
market for about $20,000.

I'd like to see the listings of a boat, in good shape, at 10% of it's
original value. Yes, boat prices are down, but they aren't a dime on a
dollar - or I don't think so.

-paul