* Paul Cassel wrote, On 3/6/2007 8:36 PM:
Jeff wrote:


Their current boat is a 41 foot glass boat, which they bought pretty
cheap but has probably gone up in value with all the work that's gone
into it.

That'll be the day.

There are several comparables on Soundings and Yachtworld, asking
prices ranging from $42K to $86K. They paid well under the low end of
that, thought they probably had that much in before they moved
onboard. The boat is in very good condition now, and they could
certainly ask near the high end. These are folks who raise cash by
doing boat work, mainly canvas, varnish, and mechanicals while
traveling. Their previous boat went for about 20% more then they paid
for it after they lived on it for 15 years.

My last boat I sold for about 2% less than I paid for it 8 years
earlier. Had I been willing to hold out, I probably could have made a
profit, but I had no desire to own two boats at once! I won't be so
lucky on my current boat, since I bought her new