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Wayne.B Wayne.B is offline
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First recorded activity by BoatBanter: Jul 2006
Posts: 10,492
Default an old boat and enthusiastic new owner

On Mon, 7 Apr 2008 06:06:01 -0700 (PDT),
wrote:

I think that what struck me so much about this incident is that often
when passing a dock and I see an old poorly maintained boat that I
think, "Somebody who really cared could fix her up". However, this
shows that sometimes even a fiberglass boat can be so far gone that
she is basically landfill.


Once repair costs exceed the best possible resale price it becomes a
"negative value" boat. There are a lot of them in Florida.